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Nonwoven Materials & Products Market Growing At A Cagr Of 6.7% From 2013 To 2019.
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Polypropylenenonwoven fabric accounted for the largest share of the global nonwoven materials and products market in 2012, followed by polyester and nylon nonwoven fabrics. The polypropylenesegment of nonwoven materials and products market generated revenue of USD 16,438.7 million in 2012 and is anticipated to reach USD 25,808.2 million in 2019, growing at a CAGR of 6.7% from 2013 to 2019.Though polypropylene market is the largest product segment of nonwoven materials and products, the other segment that includes cellulosics, bio-component fibers and nano-fibers, is the most attractive market.
Durable applications segment was the largest market segment of nonwoven materials and productsin 2012. The durableapplications segment of the nonwoven materials and productsmarket generated revenue of USD 17,716.0 million in 2012 and is anticipated to reach USD 28,335.6 million in 2019, growing at a CAGR of 7.0% from 2013 to 2019.Disposable applications segmentis theother major application segment ofnonwoven materials and products.Durable applications segmentdominated the global nonwoven materials and productsconsumption in 2012 and the consistent growth in automobile, construction and agriculture industry across the globe is driving the nonwoven materials and productsmarket.Moreover, the robust demand from medical disposables market is the key factor that is acting as a growth driver for the nonwoven materials and productsmarket.
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The global nonwoven materials and productsmarket is segmented based on geography.Asia Pacific represents the largest and the most crucialmarket for the nonwoven materials and productsindustry.In the recent past, nonwoven materials and productsmarket in Asia Pacificwas driven by strong demand from the medical, construction and agriculture market in emerging economies such as China and India.Europewas the second largest market for nonwoven materials and products followed by North America and RoW. Due to the saturation in the European and North Americanmarket, Asia Pacific is expected to be the most attractive market for nonwoven materials and productsin the future.
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