Nonwoven Fabrics Market Strategic Foresight Future Proofing Your Business Through Market Size Mastery

Allied Market Research has recently released a report titled "Nonwoven Fabrics Market by Polymer Type, Function, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030." The report provides an overview of the global nonwoven fabrics industry and presents forecasts for market growth.

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Global Market Overview:

- The global nonwoven fabrics market was valued at $38.3 billion in 2020 and is expected to reach $68.1 billion by 2030, with a CAGR of 6.0% from 2021 to 2030.
- Factors driving market growth include increased demand in the healthcare industry, growing use in the textile industry, and the demand for lightweight and fuel-efficient transportation vehicles.
- However, factors such as raw material availability issues and price volatility are hindering market growth.
- The proliferation of new technologies presents opportunities for market growth.

COVID-19 Impact:

- The COVID-19 pandemic has increased demand for nonwoven hygiene products in healthcare centers, positively impacting the market.
- Nonwoven fabrics are used to manufacture essential healthcare items, such as face masks, isolation gowns, drapes, caps, and shoe covers.
- The pandemic is expected to drive significant growth in the market.

Market Segments:

- By function, the durables segment held the highest market share in 2020 and is expected to maintain its lead throughout the forecast period.
- By application, the hygiene segment accounted for the largest share in 2020 and is projected to maintain its lead during the forecast period.
- The building and construction segment is expected to have the largest CAGR of 7.1% from 2021 to 2030.
- By region, Asia-Pacific, followed by Europe and North America, held the highest market share in 2020 and is expected to witness the fastest CAGR from 2021 to 2030.

Leading Market Players:

The report identifies several key players in the global nonwoven fabrics market, including Ahlstrom-Munksjo, Berry Global Inc., Kimberly-Clark Corporation, Glatfelter, DuPont, Toray Industries Inc., Lydall Inc., Fitesa, Suominen Corporation, and Johns Manville.

Conclusion:

- The global nonwoven fabrics market is expected to grow significantly in the coming years, driven by increasing demand in various industries and the impact of the COVID-19 pandemic.
- Asia-Pacific is expected to lead in market growth, followed by Europe and North America.

For more detailed information on the global nonwoven fabrics market and insights from the report, interested parties can refer to the full report from Allied Market Research.

Obtain Report Details: https://www.alliedmarketresearch.com/nonwoven-fabrics-market-A13919

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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