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Nonwoven Fabrics Market Overview with Detailed Analysis, Competitive landscape, Forecast 2021 to 2030
In 2020, the global nonwoven fabrics industry raked in $38.3 billion, and it's poised to hit $68.1 billion by 2030, boasting a 6.0% Compound Annual Growth Rate (CAGR) from 2021 to 2030.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐: https://www.alliedmarketresearch.com/request-sample/14288
Key Growth Drivers:
- Surge in demand for nonwovens in healthcare.
- Growing need for nonwoven fabrics in the textile industry.
- Increased demand for lightweight and fuel-efficient transportation.
Challenges:
- Availability issues with raw materials.
- Volatility in raw material prices.
Opportunities:
- Advancements in technology.
Impact of Covid-19:
The pandemic led to a substantial uptick in demand for nonwoven hygiene products in healthcare centers. Items like face masks, isolation gowns, and other essentials contributed significantly to the global nonwoven fabrics market during the pandemic.
Segment Insights:
Durables Segment: Maintained the highest market share in 2020, and is expected to lead with a 6.5% CAGR. The surge is attributed to increased construction spending in emerging markets.
Hygiene Segment: Dominated with nearly three-fifths of the market share in 2020 and is projected to maintain its lead position. Nonwoven fabrics are favored for hygiene products due to their properties like absorption, softness, and cost-effectiveness.
Geographical Dominance: Asia-Pacific, followed by Europe & North America, held the lion's share in 2020 and is expected to maintain dominance until 2030. Asia-Pacific is projected to witness the fastest CAGR of 6.6%.
Leading Players:
- Ahlstrom-Munksjo
- Berry Global Inc.
- Kimberly-Clark Corporation
- Glatfelter
- DuPont
- Toray Industries Inc.
- Lydall Inc.
-Fitesa
- Suominen Corporation
- Johns Manville
๐ ๐จ๐ซ ๐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐ฅ๐จ๐จ๐ค, ๐ฒ๐จ๐ฎ ๐๐๐ง ๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ก๐๐ซ๐ @ https://www.alliedmarketresearch.com/nonwoven-fabrics-market-A13919
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