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Last updated: 05 Jan, 2016  

Non-woven Fabrics/Textiles Market Worth USD 47.7 Billion by 2020

PR Newswire | 04 Jan, 2016
PUNE: The report "Non-woven Fabrics/Textiles Market by Technology (Spunmelt, Wet Laid, Dry Laid, Others), Material (PP, PET, PE, Rayon, Wood Pulp, Others) Function (Disposable, Non-Disposable), End-Use (Hygiene, Wipes, Construction, Upholstery, Filtration) - Forecast to 2020" published by MarketsandMarkets, is projected to grow from USD 32.7 Billion in 2015 to USD 47.7 Billion by 2020, at an estimated CAGR of 7.86%.

Browse 224 market Tables and 65 Figures spread through 276 Pages and in-depth TOC on "Non-woven Fabrics/Textiles Market"
Early buyers will receive 10% customization on this report.

Non-woven Its growth is due to the increasing technological advancements leading to new product developments and increasing awareness among the consumers and their pace of adopting the products.

Growing hygiene and medical industry also provides an opportunity to the market to grow further, especially in the emerging Asia-Pacific and Latin American regions. However, volatile raw material prices and the gap in the management of the supply chain may affect the price of the end product and can also act as a restraint to the growth of the market for non-woven fabrics.

Polypropylene (PP) to gain maximum traction during the forecast period

Polypropylene is the raw material used in the manufacture of non-woven fabrics, which is extremely versatile as a fiber-forming material. It can be used in a wide range of fibrous forms. They can be softened sufficiently to bond with other fibers, hence reducing the need for chemical binding. Because of superior characteristics, performance, and low cost compared to other synthetic fibers, PP fibers are widely used in this industry and dominate the non-woven market. The fabrics made from PP are used for manufacturing hygiene products such as baby diapers and adult incontinence. Other applications of PP are commonly found in home furnishings and automobile market.

Asia-Pacific to play a key role in the market for non-woven fabrics

On the basis of key regions, the market for non-woven fabrics is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The Asia-Pacific region held the largest share among all the regions in 2014. This is mainly due to emerging economies in China and India, coupled with growing awareness among the consumers about the benefits of using non-woven products.

The scope of the report covers detailed information regarding the major factors influencing the growth of the market for non-woven fabrics such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, new product & technology launches, mergers & acquisitions, partnerships, agreement, joint ventures, and recent developments associated with the market for non-woven fabrics.

Inquiry Before Buying:

The non-woven fabrics industry is dominated by large players such as E.I. du Pont De Nemours and Company (U.S.), Kimberly-Clarke Corporation (U.S.), Avintiv Inc. (U.S.), Ahlstrom Corporation (Finland), and Freudenberg & Co. KG (Germany).

Browse Related Reports

Technical Textile Market by Product (Fabric, Unspun Fiber, Yarn-type Products), Technology (Nonwoven, Fabric, Weaving, Knitting, Spinning), Fiber (Synthetic, Natural, Specialty), Application (Mobiltech, Indutech, Sportech, Others), Colorant (Dye, Pigment), Fabric - Global Forecast to 2020

About MarketsandMarkets

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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