Market Research Future Published Study Research Report on “Global Non-Woven Fabric Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023
Global Nonwoven Fabrics Market to Grow at an Annual Pace of 7.92%
Non-Woven Fabric Market Overview:
Nonwoven fabric is a type of textile that is manufactured from long or staple fibers. The fabrics are producing through the process of felting the fibers via solvent, mechanical, and heat treatment. The fabric boasts high tensile strength, softness, and superior level of absorbency.
The global nonwoven fabrics market is calculated to reach a valuation of USD 69,186.9 Mn by the end of the forecast period in 2023. Furthermore, Market Research Future (MRFR) states that the global market is expected to garner a compound annual growth rate of 7.92% during the forecast period between 2018 and 2023.
The primary drivers of the market include the burgeoning use of these fabrics across different industries, including geotextile, construction, and hygiene sectors. Add to this, the growth of the automotive as well as the construction sector can significantly give the market a boost in terms of its growth in the forthcoming years.
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Non-Woven Fabric Market Key Players:
Companies influencing the global nonwoven fabrics market are Umazomo Nonwovens (Pty) Ltd. (South Africa), Asahi Kasei Corporation (Japan), Ahlstrom-Munksjo (Finland), Johns Manville (U.S.), DowDuPont (U.S.), Berry Global Inc. (U.S.), Fitesa (Brazil), Freudenberg & Co. KG (Germany), TWE GmbH & Co. KG (Germany), Avgol Ltd. (Israel), Suominen Corporation (U.S.), Fiberwebindia Ltd. (India), Toray Industries, Inc. (Japan), KCWW (U.S.), and Glatfelter (U.S.).
Nonwoven Fabrics Industry News:
Thanks to favorable properties of the nonwoven fabric, its application is widening across several industries. For instance, recently in 2019, the patent was granted for the thermally bonded multi-layer felt filtration media. This media is created from the nonwoven staple fiber. Capitalizing and introduction of filter material based on the nonwoven fabrics, will likely open doors for newer opportunities and R&D in future.
April 2019 – EJ Krause and Associates Inc., a global leader in exhibitions and conference management, announced that it is ready to organize “ANDTEX 2019,” one which will be joined by a total of 200 exhibitors from around 14 countries.
January 2019 – A global manufacturer of high-performance non-woven fabric solutions, Avgol, will exhibit their Forward Innovative Thinking (FIT) family of nonwoven technologies at the IDEA 2019.
January 2019 – SAF launched their new line of nonwoven fabrics which are washable. The product is a result of the need to maintain hygiene. The other type they have launched is ultra-thin, low basis-weight carded, hot air-through and airlaid nonwovens. For products that require a soft, discrete absorbent core with excellent absorbency performance, these nonwoven fabrics can display significant possibilities.
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.
August 2017- 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.
June 2017- 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.
March 2017- 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.
Non-Woven Fabric Market Table Of Contents to be Continue……,
Browse key industry insights spread across 132 pages with 58 market data tables & 15 figures & charts from the report, “Non-Woven Fabrics Market Information: by Material (PP, PE, PET, Bio-Composites), Technology (Dry-Laid, Spunmelt), Function (Disposable, Non-Disposable), Application (Personal Care & Hygiene, Construction, Automotive) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023” in detail along with the table of contents @https://www.marketresearchfuture.com/reports/non-woven-fabric-market-1762
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