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Global HDPE Nonwoven Market Size to Grow Around USD 669 Million By 2030

02-07-2023 01:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Zion Market Research

Global HDPE Nonwoven Market

Global HDPE Nonwoven Market

The global HDPE Nonwoven market size was worth around USD 413 Million in 2021 and is predicted to grow to around USD 669 Million by 2030 with a compound annual growth rate (CAGR) of roughly 5.5% between 2022 and 2030.

The thermoplastic polymer known as high-density polyethylene (HDPE) is created from ethylene. Polyethylene high-density (PEHD) is another name for it. It is tougher, opaque, has a high strength-to-density ratio, and is solvent resistant. Since HDPE nonwovens are recyclable, tear-resistant, strong, and light, they are frequently utilized in a wide range of industries.

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The market for HDPE nonwovens is expanding significantly on a global scale. The global HDPE nonwoven market is expanding as a result of factors like rising geotextile usage of HDPE nonwoven, expanding use of these polymers in packaging, and rising demand for spun-bond woven. Additionally, HDPE nonwovens are widely utilized in geotextiles, particularly in filtration, separation, and drainage because of their high flow-through & drain-through rates and relative porosity.

Nonwovens break down more quickly than woven, yet they have higher elongation. Moreover, the availability of flexible lightweight to stiff & heavy structures, high tear strength, strong wrinkle & spray resistance, low high strength-to-density ratio, and many other advantages make high-density polyethylene spun-bond nonwoven an increasingly popular material. All of these elements are accelerating the expansion of the worldwide HDPE nonwoven market, along with the rising need for disposable goods.

Furthermore, a few other key reasons driving the expansion of the global market include the constantly growing packaging sector, an increase in the use of HDPE nonwoven in industrial protective gear, and rising demand for medical device packaging as a result of the development of more advanced medical devices. Additionally, the global HDPE nonwoven industry may benefit from favorable prospects created by technical developments for the creation of novel products during the projected period. However, the accessibility of HDPE nonwoven substitutes may impede the expansion of the HDPE nonwoven market globally.

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The global HDPE Nonwoven market is segmented based on type, application, and region.

Based on the type, the global market is bifurcated into dry-laid non-woven, airlaid non-woven, spun-bond non-woven, and others. The spun-bond non-woven segment accounted for the largest revenue share in 2021 and is expected to continue the same pattern during the forecast period. Spun-bond nonwoven has several benefits, including low cost, exceptional durability, and simplicity in manufacturing. Additionally, in the upcoming years, it is projected that the dry-laid segment would experience significant expansion. Fibers used in dry-laid nonwovens are bonded using one or more bonding methods to create a fabric with integrity.

Based on the application, the global HDPE nonwoven market is categorized into agriculture, medical, printing, cargo covers, building envelopes, and others. The medical segment is projected to hold the largest market share over the forecast period.

The rising applications in protective clothing, sterile packing, and other areas are responsible for the segment's rise. The broad use of these applications across numerous sectors is significantly accelerating market growth. As they are the least expensive type of nonwoven produced using only HDPE, spun bond nonwovens are the most frequently used nonwoven for throwaway products and protective clothing. In addition, the leading players' quick technological improvements to offer their customers items of higher quality play a significant role in the market's expansion.

The market for HDPE nonwoven is anticipated to be dominated by the Asia Pacific region. The region is predicted to account for the lion's share of the market due to factors including the high demand for high-density polyethylene from a variety of end users, expanding industrialization, and the presence of several producers.

China is the world's largest producer of HDPE, and it is anticipated that China would hold a significant market share in the Asia Pacific region. The HDPE nonwoven industry in North America is predicted to remain in second place worldwide. Throughout the projected period, the U.S. is anticipated to make a sizable financial contribution to the market. According to estimates, a large portion of the market's expansion can be attributed to Europe.

This review is based on a report by Zion Market Research, titled "HDPE Nonwoven Market By Type (Dry-laid Non-woven, Airlaid Non-woven, Spun-bond Non-woven, and Others), By Application (Agriculture, Medical, Printing, Cargo Covers, Building Envelopes, and Others) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 - 2030."- Report at https://www.zionmarketresearch.com/report/hdpe-nonwoven-market

Recent Development:
In August 2022, one of the top producers of geosynthetic and erosion control products in the US, Willacoochee Industrial Fabrics, Inc. (WINFAB), recently announced its investment in a brand-new, cutting-edge production line for nonwoven geotextiles in Nashville, Georgia. By the second quarter of 2023, the production line should be operational.

The global HDPE nonwoven market is dominated by players like:

Dupont
Geotrst Environmental Science Technology
Xiantaoshi Songqing Plastics Co. Ltd.
KOLON Industries Inc.
Shandong Jin Ruixiang Geotechnical Material Co. Ltd.
Thrace Group
Fibertex Nonwovens A/S
Xi'an Hemeijia Technology Co. Ltd.
Indra Industries Ltd.
Toray among others.

The global HDPE nonwoven market is segmented as follows:

By Type

Dry-laid Non-woven
Airlaid Non-woven
Spun-bond Non-woven
Others

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By Application

Agriculture
Medical
Printing
Cargo Covers
Building Envelopes
Others

By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

FREQUENTLY ASKED QUESTIONS

Which key factors will influence the HDPE nonwoven market growth over 2022-2030?
What will be the value of the HDPE nonwoven market during 2022-2030?
Which region will contribute notably towards the HDPE nonwoven market value?
Which are the major players leveraging the HDPE nonwoven market growth?

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