New York, March 10, 2021 (GLOBE NEWSWIRE) -- Market Size – USD 40 Billion in 2020, Market Growth – at a CAGR of 5.5%, Market Trends –Increasing demand for advanced material across industries
The global nonwoven fabrics market is expected to be valued at USD 61.38 billion by end of 2028 from a value of USD 40 billion in 2020, expanding at a CAGR of 5.5% over the forecast period. This growth of the market is attributable to increasing its demand from end use industries owing to excellent properties. Growing demand from these industries coupled with increasing awareness about benefits of its adoption is estimated to drive growth of the market over the foreseeable future. Additionally, it is considered as a biodegradable and breathable, which enhances its application areas across industries such as chemicals, civil, and automobile for several end use applications.
Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/3873
The nonwoven fabric have properties such as abrasion resistant, antistatic, dry cleanable, durable, dust free, flame resistant, foldable, glueable, heat sealable, impermeable, ironable, and is kind to skin. Nonwoven fabrics are defined as sheet or web structure that is bonded together by fiber or filaments thermally, chemically, and mechanically. These structures are made directly from separating fibers from molten plastic films, which contain recycled fabrics and oil-based materials. Thanks to these materials, the properties of nonwoven fabric can be altered as required. Owing to excellent properties, the nonwoven fabric is considered to be versatile and adopted across several application especially as innovative and cost-effective alternative to several materials. In addition, growing technological developments across industries are boosting demand for non-reactive and environmentally friendly heat sealable material.
Nonwoven Fabrics Market Size , Share and Analysis by Polymer Type (PP, PE, PET, Wood pulp, Rayon, and Others), Layer (Single-layer, Multilayer), Function (Disposable, Non-disposable), Technology (Spunbond, Wetlaid, Drylaid), Application (Hygiene, Building & Construction, Filtration, Medical, Automotive, Consumer Products), and Region - Global Forecast To 2028; To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/nonwoven-fabrics-market
Key findings from the report
- The drylaid segment is estimated to witness growth at a fastest CAGR during the forecast period owing to swiftly emerging technologies across the globe.
- The emerging spreading diseases such as COVID-19 pandemic and other diseases are boosting demand for nonwoven fabrics in the hygiene applications. Such factors are estimated to boost segmental growth over the forecast period.
- Polyester segment is estimated to register faster CAGR over the forecast period owing to growing penetration of the product in the industries such as surgical and medical equipment manufacturing and automotive. Additionally, the superior stability and high internal bond strengthened and formed uniformly fiber structure.
- The rapid industrialization coupled with robust population in the China and India are majorly contributed in the demand for nonwoven fabrics in the region.
- North America is estimated to hold significant share in the global nonwoven fabrics market owing to expansion of construction activities in the region. In addition, the market is gaining traction as the region is a mature market for hygiene products from last decades.
- The key players in the nonwoven fabrics market include Berry Global Inc., Ahlstrom-Munksjo, DuPont, Glatfelter Company, Fitesa, Lydall Inc., TWE Group, and PFNonwovens.
- Additionally, leading companies are increasingly involved in the acquisition of smaller firms to gain market share and to hold strongest foothold in the overall market. The global nonwoven fabrics market displays fragmented landscape with top five players holding major shares of global revenue.
Order Now: https://www.reportsanddata.com/checkout-form/3873
For the purpose of this report, Reports and Data has segmented the global nonwoven fabrics market on the basis of product, platform, end user, and region:
By Polymer type Outlook (Revenue, USD Billion; 2018-2028)
- PP
- PE
- PET
- Wood pulp
- Rayon
- Others
By Layer Outlook (Revenue, USD Billion; 2018-2028)
- Single-layer
- Multilayer
By Function Outlook (Revenue, USD Billion; 2018-2028)
- Disposable
- Non-disposable
By Technology Outlook (Revenue, USD Billion; 2018-2028)
- Spunbond
- Wet laid
- Dry laid
- Others (electrostatic spinning and flash-spun)
By Application Outlook (Revenue, USD Billion; 2018-2028)
- Hygiene
- Medical
- Filtration
- Automotive
- Consumer products
- Building & Construction
- Others
By Region Outlook (Revenue, USD Billion; 2018-2028)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- Latin America
- Brazil
- Rest of LATAM
Browse similar research reports:
High-Temperature Fibers Market Trends, Share & Growth, By Type (Aramid Fiber, Ceramic Fiber, Others), By Form (Straight Form, Deformed Form, Hooked Form, Other), By Application (Automotive, Aerospace, Electronics & Electrical, Industrial, Security, Others), By Region, Forecasts To 2017-2027
Corn Fiber Market Size, Share & Analysis, By Application (Textile, Pharmaceutical, Food & Beverage, Animal Nutrition, Cosmetics), By Distribution Channel (Direct, Indirect), Region And Forecast To 2027
Clothing Fibers Market Size, Share & Analysis, By Product Type (Cotton, Synthetic, Animal-based), By End-Use (Women’s Wear, Men’s Wear, Kid’s Wear), Region And Forecast To 2027
Glass Fiber Reinforced Gypsum Market By Type (Type X, Type C, Others), By Application (External, Internal), And By End-Use (Non-Residential, Residential), Forecasts To 2027
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs | Facebook
Read Full Press Release: https://www.reportsanddata.com/press-release/global-nonwoven-fabrics-market