Nonwovens Market Is Projected To Expand At A Noteworthy CAGR In Future | Radiant Insights,Inc

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The Global Nonwovens Industry Situation and Prospects Research report is a professional and in-depth study on the current state of the Nonwovens industry.

The global Nonwovens Market is anticipated to accrue good revenue by 2021. The market is expected to exhibit a remarkable CAGR over the forecast period (2012 to 2021). High demand for nonwoven fabrics from the healthcare sector is the primary market driver.

Nonwoven fabrics possess high filtration capacity and high elasticity. These fabrics are absorbent in nature. All these properties are anticipated to augur demand from different end-use applications. Demand for hygiene products such as diapers and wipes due to rise in population is projected to bode well for the market over the forecast period. The resurgence of the automotive sector and use of geotextiles in construction are other factors expected to turn the tide in favor of the market in terms of demand. However, sustainability is expected to be one of the major challenges faced by the market.

Manufacturers are considering developing bio-based polymers to reduce environmental damage caused by their production methods. In August 2016, Swedish company Innventia decided to experiment by designing nonwoven fabrics using woodpulp and polylactic acid (PLA). While the softness normally associated with cloth was achieved but other factors such as tensile strength and thickness still needed further development. In December 2017, Indian manufacturer Deepanjali Dalmia introduced sanitary napkins derived using bamboo fiber and corn. Such initiatives are expected to reduce the dependence on fossil fuels for materials and encourage adoption of organic materials.

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The worldwide nonwovens market is segmented by application and region. Major applications include insulation, industrial wipes, industrial sorbents/mats, geotextiles, graphic arts, electric/electronic, filtration, and others.

Regions covered in the market report include India, China, Japan, Europe, North America, and Rest of the World (RoW). The China market is expected to be bullish in its growth over the forecast period due to high demand for nonwoven fabrics from hygiene applications. Improved standards of living and changing economic policies are predicted to further augur the growth of the market. Diaper manufacturers such as TWE Group, Freudenberg, and Tenowo are shifting their bases to China to capitalize on the growing demand for disposables.

The India market is anticipated to expand owing to supportive government policies favoring the domestic textile sector. In order to cater to the growing demand for nonwoven fabrics, the market has opened up to foreign direct investments (FDI). In addition, local manufacturers are partnering with international players owing to presence of low cost workforce, rise of expendable income of middle class consumers, and the thriving domestic retail market.

In the RoW segment, the Middle East and Africa nonwovens market is expected to exhibit a robust growth in near future. This expansion is attributed to thriving construction and geotextile sectors in South Africa, Saudi Arabia, and Egypt. Major corporations are shifting bases to the Middle East to reduce costs to their respective supply chain.

The North America and Europe nonwovens market have reached maturity and may experience a modest growth till 2021. Rise in geriatric population may lead to high demand for adult diapers and incontinence products, spurring growth rates of the respective markets. Environment-friendly policies in Europe may lead to development and subsequent adoption of bio-based nonwoven fabrics.

Prominent players in the nonwovens market include TWE Group GmbH, Ahlstrom-Munksjö, P. H. Glatfelter Company, Kimberly-Clark Corporation, and E. I. du Pont de Nemours and Company. Acquisitions and expansions are strategies being used by these players to expand their consumer base. In February 2018, Fibertex Nonwovens acquired the operations of DUCI Nonwovens, the joint venture of Cipatex and DuPont.

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Table of Contents

1 Industry life cycle analysis

    1.1 Definition

    1.2 Classification of Nonwovens

        1.2.1 Fibers

        1.2.2 Polymers

    1.3 Application of Nonwovens

        1.3.1 Electric/Electronic

        1.3.2 Filtration

        1.3.3 Geotextiles

        1.3.4 Graphic Arts

        1.3.5 Industrial Sorbents/Mats

        1.3.6 Industrial Wipes

        1.3.7 Insulation

        1.3.8 Others

    1.4 Market size 2012-2017

    1.5 Market growth and demand growth rate

    1.6 Product technical level

    1.7 Profit margins of Nonwovens industry


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