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The market for non-woven materials and products will reach 45 billion by 2019

by:Sunshine     2021-03-15
Transparency Market Research Corporation released a new market report titled, “The nonwoven materials and products (polypropylene, polyester, nylon and other) market for disposable and durable applications-global industry analysis, size, sharing, growth Development trends and forecasts, from 2013 to 2019. 'The repoprt said that the revenue generated by the nonwoven materials and products market is $287.838 million in 2012 and is expected to reach $453.637 million in 2019, a compound annual growth rate of 6.7% growth from 2013 to 2019. The global demand for nonwoven materials and products was 8,176.3 kilotons in 2012. The durable application market is the largest application field of nonwoven materials and products in China, followed by the disposable application market. Rugged and durable applications include home furnishings, wall coatings, coated fabrics, clothing interlinings, roofing products and geotextiles. Disposable applications include adult incontinence products, baby diapers, disposable wipes, feminine hygiene products, bedding, medical or surgical products, filters, disposable clothing and fabric softener substrates. In addition, the rugged and durable application market is the fastest growing market, non-woven materials and products. The rising global demand for disposable medical products is expected to be the main driving force for the consumption growth of nonwoven materials and products. The demand for durable non-woven materials and products mainly in the application segment accounted for 59.6% of global demand in 2012. The increasing use of durable non-woven fabrics in various industrial, construction and agricultural applications is expected to trigger global demand for non-woven materials and products. The growing non-woven disposable medical supplies market is expected to drive the demand non-woven materials and products by anotherkey factor. The rising demand for nonwoven materials and products in medical, construction and agriculture industriesisanticipated to drive global nonwoven materials and productsmarket in the next six years. The dominant force in the global nonwoven materials and productsmarket is the Asia-Pacific region, which accounted for 40.4% of global consumption in 2012. The growth of the non-woven materials and products market in the Asia-Pacific region mainly comes from the increasing demand of the medical and agricultural industries in countries such as China and India. The Asia-Pacific region is followed by Europe with a share of 22.4% of total consumption. Market saturation and product maturity in North America and Europe have driven the attractive Asia-Pacific market that major market participants are paying attention to.
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