Non-Woven Fabrics Market Scope
MRFR (Market Research Future) anticipate the non-woven fabrics market is anticipated to touch the total worth of USD 53.5 billion by the year 2025. It is foreseen that the non-woven fabric market will rise with a CAGR of 5.7% throughout the forecasted period.
Non-Woven Fabrics Market Drivers and Restraints
Nonwoven fabrics have an extensive range of medical applications, and the frequent introduction of low-priced products that can be used in cost-sensitive hospitals and medical facilities is expected to favor the global market in the future. Products like reusable and disposable drapes, surgical gowns, instrument wraps and gloves are majorly used in hospitals, due to which non-woven fabrics can witness continued demand throughout the review period. A number of government initiatives aimed at curbing hospital acquired infections (HAIs) also encourage the consumption of nonwoven medical products, which in turn, can be highly favorable for the global market growth over the ensuing years.
Technological innovations have been a major focus area for the textile manufacturers, with nonwoven fabrics emerging as a key segment. Latest technologies are increasingly being deployed as it helps bring down the manufacturing costs and facilitate the commercial feasibility of non-woven fabrics in the market. Integration of nanofiber along with top-quality material technologies progressively being used as an alternative to conventional membranes are giving way to lucrative opportunities for the renowned manufacturers in the global market.
The global market is rifer with a number of established as well as emerging manufacturers, which are increasingly shifting their focus on untapped regions like Asia Pacific for setting up their production units. Their main focus is on rapidly developing countries like South Korea, Malaysia, Indonesia, India, Taiwan, China, Thailand and Japan. Most of the players also strive for product range enhancement via mergers, joint ventures, acquisition, agreements and new launches.
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Non-Woven Fabrics Market Competitive Analysis
Some of the top firms in the global market for non-woven fabrics include Ahlstrom-Munksjö (Finland), Freudenberg & Co. KG (Germany), DowDuPont (US), Glatfelter (US), Suominen Corporation (Finland), KCWW (US), Fitesa (US), Johns Manville. A Berkshire Hathaway Company (US), Berry Global Inc. (US), TWE GmbH & Co. KG (Germany), to name a few.
Non-Woven Fabrics Market Segmental Analysis
The key segments as per which the non-woven fabrics market has been extensively assessed include material, technology, function and application.
The materials listed in the report are polyethylene (PE), polypropylene (PP), rayon, polyethylene terephthalate (PET), bio-composites, wood pulp, and others. The massive application range of PP/polypropylene nonwoven fabrics is expected to heighten its use across a number of end-use industries in the years ahead.
With respect to technology, the global market can be split into wet-laid, spunmelt, carded, dry-laid, and others. The spunmelt technology is largely used since the nonwoven fabrics derived from this technology notes significant demand from medical and hygiene segments.
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The function-wise segments are disposable as well as non-disposable. Disposable nonwoven fabrics are single-use products and therefore, witness high demand in healthcare facilities and have multiple protective clothing applications.
The top applications are construction, personal care and hygiene, automotive, upholstery, wipes, filtration, and others. Personal care and hygiene section has been growing at a rapid pace, especially since the COVID-19 outbreak, which has raised the need for nonwoven face masks for curbing the spread of the pandemic.
The non-woven fabrics industry has been geographically analyzed on the basis of five regions, namely MEA or the Middle East & Africa, APAC or Asia Pacific, North America, Latin America and Europe.
Asia Pacific will be achieving two major feats in the coming years, the leading position as well as the fastest growth rate. In the year 2017, the APAC market secured a share of more than 40%, while South Korea, China and India emerged as the top contributors to the said growth. These countries are ahead of the game, mostly because of the escalating demand for non-woven fabrics in emerging industries like personal care, cosmetics, healthcare, building and construction and automotive.
North America should land the second lead in the global market over the appraisal period, with the US touted to be the most lucrative of all the countries. The US market benefits primarily from the well-developed transport industry and the growing interest in modification of the infrastructure.
The MEA market could secure a strong CAGR in the years to come, thanks to the soaring number of construction activities in line with the expanding tourism sector. Lastly, market in the Latin America will note steady growth owing to the fast rate industrialization in Argentina and Brazil.
In January 2021, Xinlimin launched nonwoven bags which are completely eco-friendly, bio-degradable and compostable. In case the bags are littered, they degrade into carbon dioxide and water in 6 to 24 months. The range now contains green bags with materials ranging from biobased compostable to oxo-biodegradable, and includes EPI, PVA, D2W, PBAT-PLA, PLA, and more.
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