Press release
Nonwoven Filter Media Market Forecast to 2027 - COVID-19 Impact and Analysis, Growth, Trend
Nonwoven Filter Media Market
The COVID-19 pandemic has affected the nonwoven filter media market in the form of plant shutdowns caused due to present gaps in demand and supply. This has been instrumental in causing temporary hikes in prices in the market. This fluctuation in prices might hamper industry growth through the forecasted period.
This growth is attributed to an increase in investments by various organizations as well as major nonwoven filter media market manufacturers. For instance, in April 2020, a leading large-scale producer of manmade polymers and fibers in Asia has made an investment in a new Oerlikon Nonwoven meltblown system. The lately-signed contract consists of a 2-beam system for the purpose of manufacturing filtration nonwovens. This is predominant for medical products comprising face masks, which have a nominal capacity of nearly 1,200 tons of nonwovens in a year.
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Nonwoven filter media market consists of haphazardly organized synthetic fibers that are utilized for filtration or separation. Further, these media are absorbent in nature and their strands are bonded in a collective manner via numerous treatments comprising chemical, thermal, and mechanical. On the basis of production process, the market is fragmented into wetlaid, airlaid, spunbond, meltblown, and others. The property of the wetlaid procedure for handling long fibers will aid help the market to expand at a CAGR of more than 6% through the coming years.
Considering the latest trends, one of the major consumers of nonwoven filters is the healthcare industry. This is on account of numerous product properties comprising prevention against bacteria, uniformity, excellent breathability, as well as abrasion resistance & lint-free nature. The nonwoven filter media has enhanced finishes comprising liquid repellent, virus-proof, and bacterial barrier properties that are utilized in applications like surgical masks, drapes, and others. Owing to these factors, healthcare applications are expected to record over 15% market share in 2027.
Citing another trend, the market is witnessing a rise in popularity of air filtration. The nonwoven filter media is found in two forms, liquid filtration and air filtration. The effectiveness of air filtration in the industry has been instrumental in helping it to register a share of over 70% in 2027.
On regional landscape, the nonwoven filter media industry is expected to witness remarkable traction in North America due to the presence of matured markets comprising Canada and the U.S. This growth is attributed to the strong demand for PPE kits and masks, boosting product usage in the healthcare & medical industry.
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Meanwhile, the improving healthcare sector in the developing countries of Asia Pacific comprising India and China is also expected to boost the consumption of nonwoven filter media market products through the forecasted period.
Additionally, the outbreak of COVID-19 at the global level is pushing the demand for respiratory protection equipment. The market is also propelled by the increasing requirement for face masks.
In a nutshell, major applications in the production of numerous disposable medical supplies and healthcare nonwoven materials are expected to drive nonwoven filter media market share through the forecasted period.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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