Market Research Future published a Half Cooked Research Report on “Global Non-Woven Fabric Market Research Report – Forecast to 2022”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022. Major key player are E.I. du Pont De Nemours and Company, Kimberly-Clarke Corporation, Polymer Group Incorporation, Chevron Corporation, Avintiv Inc., Ahlstrom Corporation, Freudenberg & Co. KG, Avgol Ltd and Pegas Nonwovens S.R.O. among others are some of the prominent players at the forefront of competition in the Global Non-Woven Fabric Market and are profiled in MRFR Analysis.
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Market Synopsis of Non-woven Fabric Market
The share of polypropylene by material accounts for the largest share in the market. It is used widely in various applications and proves to be a good fiber-forming material. On the basis of technology, Spunlaid technology emerged as a leading segment and was valued with a market share of over 53% in 2015. The trend is expected to remain the same by the end of the forecasted period with a bigger market share. The market is fueled majorly by the demand arising out of APAC, especially India and China. The global non-woven fabric market size was valued at around USD 32 Billion in 2015 and is expected to cross USD 50 Billion at CAGR of 8.2% by 2022.
Non-woven fabrics are flexible and porous products consisting of fiber layers. The key drivers of global non-woven fabric market are the increasing awareness about personal hygiene and sanitation. The growth in population with the increasing disposable income has changed the consumer behavior across the globe. There is seen an increased demand for hygienically approved products and services across all the industries.
Industrial News :
June 2016- Toray Industries Inc. announced to increase the manufacturing capacity of their high performance polypropylene spunbond nonwoven fabric at its Seoul, South Korea based plant. Toray Advanced Materials Korea Inc. construct a plant with a production capacity of 18,000 tonnes per year and this plant is predicted to start operation in April 2018. With this expansion the company will able to meet the growing demand for non-woven fabric market.
April 2016– Mitsui Chemicals Inc. constructed a new high performance nonwoven plant at their Nagoya unit. The construction of this plant started in April 2016 and completed in November 2017. The plant is expected to start operation in March 2018. The plant has an annual capacity of 15,000 tons and aims to meet the growing need of premium diapers. With this capacity expansion, the company solidify its position in the high performance nonwoven market.
March 2016– Fitesa, a leading manufacturer of nonwoven fabrics announced to spend around USD 52 million at its existing operations in Simpsonville. The expansion expected to be completed by fourth quarter of 2017. With this expansion the company will able to meet the increasing demand for non-woven fabrics.
August 2016- Norafin Americas, a part of Germany based Norafin Group planned to locate their first U.S. plant in North Carolina. This project cost around USD 16 Million. This expansion will help company to support their existing customer base in North America and also provide a domestic platform to enable continued future growth.
July 2017– Fiberweb India Limited announced the completion of first phase of expansion program of melt blown line. The company predicted to start operation in August 2017. This strategic decision is estimated to strengthen the position of company in Asia Pacific non-woven fabric market players.
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The Non-Woven Fabric report has analysed the level of competition among the key operating players as well as sector growth and market scenario. The global non-woven fabric market comprises of various manufacturers operating in the market which comprised of large scale and medium size manufacturers. Some of the prominent market players operating in the global non-woven fabric industry has shifted their focus towards growth association specifically by Asia Pacific as medium scale and small scale manufacturers are from this region specifically from China, South Korea, India, Indonesia, Thailand, Taiwan, Malaysia, and Japan. In addition, the key operating players are focusing on extending their product portfolio by strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the companies are escalating their manufacturing capacity of non-woven fabric to meet the increasing demand for non-woven fabric. Moreover, some of the manufacturers has launched a series of product to solidify their position in the market.
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