Nonwoven Fabrics Market Demand | Analysis and Top Companies as Eastman
Market Overview
The global Nonwoven Fabrics
Market demand during the forecast period 2018-2027, will
register growth at a CAGR of 7%. The market for nonwoven fabrics is set to
reach US$69.18 billion by 2027. As per Market analysts, the global market is
anticipated to witness growth owing to the factors such as growing applications
in the healthcare sector as well as growing adoption from the automotive
sector. However, Nonwoven Fabrics Market will face challenges and restraints
due to strict regulatory requirements and increasing environmental issues
during the forecast period 2018-2027.
The rising demand across different industry verticals in the
Market is set to play a key role in determining the growth potential for
2018-2027 years. Analysts have also studied the Market to understand potential
threats and challenges the Market companies could face. Although Nonwoven
Fabrics Market is poised to grow at a fast pace across material, technology, function,
and applications segments, factors such as the strict regulatory requirements
could slow down the Nonwoven Fabrics Market growth worldwide.
Market Segmentation
The Market has been segmented into material, technology,
function, and applications. Based on the segment which is material, the market
is categorized on the basis of bi-component, polyethylene, polyethylene
terephthalate, polypropylene, rayon, wood pulp, and others. The global market
for nonwoven fabrics is further segmented based on technology into disposable
and durable. Furthermore, the market, on the basis of technology is segmented
into dry-laid, wet-laid, and spun melt. Based on the segment which is
applications, the market is categorized on the basis of automotive, construction,
filtration, hygiene, upholstery, and others.
The global Market research report covers all the aspects of the
Market based on the segmental analysis of these material, technology, function,
and applications segments. Analysts have also studied the global Nonwoven
Fabrics Market regional markets spread across many continents and countries.
The material, technology, function, and applications segments along with their
sub-segments have been analyzed and companies functioning in the Nonwoven
Fabrics Market across these segments are profiled and analyzed based on input
and feedback from Market based decision makers as well as primary and secondary
sources. The Market research report presents analysis based information for
companies functioning in the Market.
Regional Overview
High energy prices and foreign trading trends may hinder the
Market growth. The market research report suggests that companies in the Market
could be supported by emerging technologies reducing manufacturing costs as
well as the inclusion of nanofiber and high-performance material technologies
during the forecast period. The Nonwoven Fabrics Industry is set to register
growth at a high CAGR owing to these key factors. The Market is spread across
North America, Europe, Asia-Pacific, and other parts of the world. The global
Market research report reveals that APAC, North America, and Europe regional
Markets will dominate the global market for nonwoven fabrics during the
forecast period 2018-2027. As per Market analysts, the market is set to witness
tremendous growth across automobile, manufacturing, and healthcare industries
segments in North America which covers Markets across the United States,
Canada, Mexico and several other regional markets. Companies active in the
Nonwoven Fabrics Market are also analyzed and studied in the Market research
report.
The Market for Europe covers smaller market segments of Germany,
Italy, France, and the United Kingdom. Additionally, the Market research report
covers the Asia-Pacific region covering Markets from India, China, Japan,
Australia, and others. The Market is also spread across the rest of the world.
The Market report covers all such regions including the Middle East, Africa,
Brazil, and others.
Competitive Landscape
Nonwoven fabrics have seen increased demand over the years, due
to new possibilities for nonwoven producers and a significant variety of
exterior and interior components. Companies functioning in the global Nonwoven
Fabrics Market are also being challenged due to fluctuating raw material prices
and weak supply of raw materials. Mergers and acquisitions by Market companies
are anticipated to help the market during the forecast period 2018-2027. As the
Market is set to register a high CAGR of 7% and is also anticipated to reach a
US$69.18 billion by 2027, the report highlights key areas companies need to
focus on. The report suggests that the Nonwoven Fabrics Market will see a
healthy growth in the long run till 2027. Based on SWOT analysis and Market’s
analysis based on Porters’ Five Force Model presented in the Market report.
Mergers and acquisitions by Market companies are anticipated to help the market
during the forecast period 2018-2027.
Industry News
For disinfectant pads, filtration, facet, automobile, dental,
grooming and other engineering products, FDI manufacturers crumble and carded
nonwovens. This will reinforce Fitesa's asset base, especially the wipes
division, to support the healthcare industry. Moreover, with the recruitment of
professional and skilled staff the firm can expand its operational competence.
This is the third purchase of Fitesa in 2020. Freudenberg Hygiene Brazil was
purchased in February and Tredegar Personal Care, scheduled to be finished
during the fourth quarter 2020, was announced by the firm in August. The deal
is expected to close.
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