Press release
Nonwoven Fabric Market Surges: Projected 6.1% CAGR to Hit US$ 87.34 Billion by 2034
According to a recently released analysis by market research and competitive intelligence source Fact.MR, the worldwide Nonwoven Fabric Market is projected to reach US$ 48.78 billion in 2024. By the end of 2034, the nonwoven fabric market is expected to be valued at US$ 87.34 billion worldwide. Nonwoven materials are widely used in medical applications because they are affordable and easily accessible. Hospitals utilize a lot of reusable and disposable instrument covers, drapes, gloves, and surgical gowns. Market expansion is anticipated as a result of government initiatives encouraging the use of nonwoven medical products to reduce the prevalence of HAIs (hospital-acquired infections).Get Free Sample Copy of This Report:
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There has also been an increase in the adoption of nonwoven materials in several automotive applications, including filtration systems and interior components. Noteworthy growth in the automotive industry is forecasted to increase demand for nonwoven fabrics. Expansion of e-commerce platforms is leading to growing demand for packaging materials. These nonwoven fabrics are utilized in packaging owing to their durability and strength.
Key Takeaways from Market Study
The global nonwoven fabric market is pegged at US$ 48.78 billion in 2024.
Worldwide demand for nonwoven fabrics is forecasted to reach a valuation of US$ 87.34 billion by the end of 2034.
The market is projected to expand at 6.1% CAGR from 2024 to 2034.
East Asia is predicted to account for 38.4% share of global market revenue by the end of 2034.
Sales of nonwoven fabrics in the United States are forecasted to rise at a CAGR of 6.4% and reach US$ 18.68 billion by 2034.
The personal care segment is predicted to hold 42.9% of the global market share by 2034.
"Increasing demand for nonwoven fabrics is attributed to their increased adoption for hygiene and medical products across geographies," says a Fact.MR analyst.
Key Market Players
Glatfelter Company
Dupont de Nemours, Inc.
Asahi Kasei Corporation
Lydall Inc.
Berry Global Inc.
Toray Industries
Fitesa
Souminen Corporation
Johns Manville Corporation
PFNonwovens Group
Mitsui Chemicals, Inc.
Dow
Polymer Group Incorporation
Chevron Corporation
Kimberly-Clark Corporation
Rising Adoption of Spunbond Technology for Nonwoven Fabric Production
Growing demand for spunbond-based nonwoven fabrics is projected to rise significantly due to their popularity in construction as well as hygiene products, coating substrates, battery separators, and filtration. The adoption of spunbond technology for manufacturing nonwoven fabrics in larger quantities is rising.
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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the nonwoven fabric market, presenting historical demand data for 2018 to 2023 and forecast statistics for 2024 to 2034.
The study divulges essential insights into the market based on material (polypropylene, polyethylene, polyester, nylon, polyurethane, rayon); technology (spunlaid [spunbond {polypropylene polyester, polyethylene, biocomponent fiber, spun-melt-spun, meltblown}]; drylaid [needlepunch, spunlace, thermal bonded {thru-air, others}], latex or chemical bonded, airlaid, carded, wetlaid, others); and application [construction {geotextile, wall wraps, ground covers}, textiles {furniture fabrics, carpet, medical protective apparel, and industrial protective apparel}, personal care {disposable diapers, feminine care products, adult incontinence, filtration & others}], across six major regions of the world (North America, Europe, East Asia, Latin America, South Asia & Oceania, and MEA).
Explore More Related Studies Published by Fact.MR Research:
Vinyl Acetate Monomers Market:
https://www.factmr.com/report/vinyl-acetate-monomers-market
Polyisobutylene (PIB) Market:
https://www.factmr.com/report/5160/polyisobutene-market
Unsaturated Polyester Resin Market:
https://www.factmr.com/report/4731/unsaturated-polyester-resin-market
Silicon Dioxide Market:
https://www.factmr.com/report/silicon-dioxide-market
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