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Non-Woven Fabric Market Global Analysis, Industry Opportunities, Growth Trends, Share, Size and Key Players are Johns Manville. A Berkshire Hathaway Company, KCWW, Freudenberg & Co. KG, Berry Global Inc., Glatfelter and Etc
Non-Woven Fabric Market
Non-Woven Fabric Market size was valued at around USD 32 Billion in 2018 and is expected to cross USD 50 Billion at CAGR of 8.2% by 2023.
Non-Woven Fabric in 2018 and is estimated to retain its dominance over the estimated years owing to increasing demand from healthcare, construction, and industrial sector specifically in China, India, Japan, Vietnam, Malaysia, Thailand, Taiwan, and South Korea. Furthermore, economic growth in this region along with rapid industrialization has resulted in the raised production and sales of hygienically approved products, which is likely to increase the demand for non-woven fabric in the upcoming years.
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Non-Woven Fabric Market Key Players:
Non-Woven Fabric Market report include: DowDuPont (US), Johns Manville. A Berkshire Hathaway Company (US), KCWW (US), Freudenberg & Co. KG (Germany), Berry Global Inc. (US), Glatfelter (US), Suominen Corporation (Finland), Fitesa (US), TWE GmbH & Co. KG (Germany), and Ahlstrom-Munksjö (Finland).
Non-Woven Fabric Market Segmentation:
Non-Woven Fabrics Market has been segmented based on material, technology, function, application, and region.
Based on material, the market has been categorized as polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), rayon, wood pulp, bio-composites, and others.
Based on technology, the market has been segmented into dry-laid, wet-laid, spun melt, carded, and others.
Non-Woven Fabric Market Regional Analysis:
The market is highly application based. The key driver for market growth is increased emphasis on using products to improve the personal hygiene and sanitation. It is expected that the global non-woven fabric market will advance with higher growth rate as compared to previous years. However the current challenge for the market is the fluctuating raw material prices and stringent government regulations.
On the basis of material, polypropylene leads the market in all the major regions across the globe. It accounted for over 77% of the market volume in 2017. The share owes to the availability material grades which can be further modified. Additionally, based on technology, spun laid technology emerged as a leading segment and accounted for over 53% of market volume in 2017. The share is expected to grow by the end of the forecasted period. The share is attributed to the increasing end-use in the healthcare industry such as surgical masks, bandages, wipes, etc.
Non-Woven Fabric Market Competitive Landscape:
Non-Woven Fabric report has analysed the level of competition among the key operating players as well as sector growth and market scenario. The global non-woven fabric market comprises of various manufacturers operating in the market which comprised of large scale and medium size manufacturers. Some of the prominent market players operating in the global non-woven fabric industry has shifted their focus towards growth association specifically by Asia Pacific as medium scale and small-scale manufacturers are from this region specifically from China, South Korea, India, Indonesia, Thailand, Taiwan, Malaysia, and Japan.
In addition, the key operating players are focusing on extending their product portfolio by strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the companies are escalating their manufacturing capacity of non-woven fabric to meet the increasing demand for non-woven fabric. Moreover, some of the manufacturers has launched a series of product to solidify their position in the market.
Non-Woven Fabric Market Table of Content to be Continue…...,
Complete List of Tables and Figures @ https://www.marketresearchfuture.com/reports/non-woven-fabric-market-1762
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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