Nonwoven Fabric Market increasing at a CAGR of 7.0% during the forecast period (2018–2026)

The automotive industry has been registering robust usage of nonwovens, since recent years. Although applications of nonwovens predominantly exist in manufacturing of lightweight, fuel-efficient vehicles, a recent outlook released by Persistence Market Research (PMR), indicates that the global nonwoven fabric market is driven by a large number of applications other than automotive, including personal care, construction, and textile.

The global nonwoven fabric market is anticipated to witness healthy growth over the next eight years. During 2018-2026, the market is likely to expand at a CAGR of 7%, reaching a value in excess of US$ 75 Bn.

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The existing application base is projected to expand due to a series of new applications and opportunities, as a result of innovation. The research on raw materials is also witnessing innovation since the recent past, which is expected to induce the nonwoven fabric manufacturers to shift from oil-based nonwoven synthesis, leading to natural products and biopolymers. As the single-use trend among consumers may impact the global revenue of nonwoven fabric market in the long run, manufacturers are focusing more on strategic product designing so as to achieve second or third end-use.

Expecting Enhanced Performance, with Particles within Nonwoven Fabric

The global market for nonwoven fabric is currently expecting a few revolutionary innovations, which will potentially redefine the applications of nonwoven fabric in various end use industries, in near future. Ongoing research on the incorporation of powders and particles into nonwoven fabric prompts at a possibility of achieving enhanced nonwoven fabric performance, which can be rarely attained in presence of only fiber. Researchers are working on the inclusion of particles and powders within the fabric structure in order to enhance the original properties of fabric such as liquid and gas absorption, thermal resistance, acoustic insulation, and VOC capture.

Moreover, a new technology has been developed to mechanically trap the aforementioned particles in the fabric structure, which enhances the performance of nonwoven fabric without any adhesive chemistry. This and similar technological innovations are foreseen to transform the entire nonwoven world and introduce a slew of end-use application opportunities for nonwoven fabric manufacturers.

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Personalization & Stratification of Nonwovens: Biggest Challenges for Nonwoven Fabric Manufacturers, According to Industry Experts

The consumer goods industry is constantly evolving, and increasing consumer inclination towards tailor made products as well as services has been playing a crucial role in this transformation. While basic consumer demands are generally met through mass-produced goods in developed regional markets, sales of customized products and services hold immense potential to drive excellent profits to businesses. However, in case of nonwoven fabric, manufacturers need to adopt flexibility-centered product design strategies and also involve end users in the entire development process. Experts suggest ‘late-stage functionalization’ as one of the possible tools, which may potentially help nonwoven fabric companies overcome this long-term challenge.

As revealed by PMR’s research, the next few years are expected to witness impressive demand for nonwoven fabric, predominantly due to the recent developments in the textile industry and a positive rebound of the construction sector. Significant business opportunities are foreseen to be presented by the hygiene and personal care products.

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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This release was published on openPR.