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Nonwoven Fabrics Market Advancements Highlighted by Restraints Forecast till 2030

11-06-2024 09:35 AM CET | Chemicals & Materials

Press release from: Allied Market Research (AMR)

Nonwoven Fabrics Market

Nonwoven Fabrics Market

The report titled, "Nonwoven Fabrics Market by Polymer Type (Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Wood Pulp, Rayon, and Others), Function (Disposable and Durables), Technology (Spunbond, Wet Laid, Dry Laid, and Air Laid), and Application (Hygiene, Medical, Filtration, Automotive, Building & Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030," examines the global nonwoven fabrics market's trajectory. The market, valued at $38.3 billion in 2020, is projected to reach $68.1 billion by 2030, with a CAGR of 6.0% from 2021 to 2030.

𝐃𝐨𝐰𝐧π₯𝐨𝐚𝐝 π’πšπ¦π©π₯𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 π‘πžπ¬πžπšπ«πœπ‘ 𝐎𝐯𝐞𝐫𝐯𝐒𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/14288

Key Drivers of Growth

- Healthcare Demand Surge: Nonwoven fabrics are essential in healthcare, especially for hygiene products.
- Textile Industry Growth: Rising adoption of nonwoven fabrics in textile applications boosts market expansion.
- Automotive Lightweighting: The demand for fuel-efficient vehicles drives the need for lightweight materials, such as nonwoven fabrics.

Conversely, the market faces challenges like raw material availability issues and price volatility, but technological advancements are expected to unlock new growth opportunities.

Segment Analysis

- Function: The durables segment, holding over half of the market share in 2020, is expected to continue leading and grow at a 6.5% CAGR. This growth is attributed to rising construction spending in emerging markets, driving demand for geotextiles in infrastructure.

- Application: The hygiene segment led the market in 2020, contributing nearly 60% of the total share. This dominance is due to the material's excellent properties, including absorption and comfort, making it ideal for hygiene products. Meanwhile, the building & construction segment is forecast to grow at a 7.1% CAGR due to increased construction activity in markets like Brazil, China, and India.

Regional Insights

Asia-Pacific, followed by Europe and North America, held the largest revenue share in 2020, accounting for roughly 40% of the global market. The region is expected to maintain dominance with a CAGR of 6.6% through 2030, driven by economic growth, an expanding workforce, and heightened demand for hygiene products. The report also covers North America, LAMEA, and Europe.

Top Market Players

Prominent players in the market include:

- Ahlstrom-Munksjo
- Berry Global Inc.
- Kimberly-Clark Corporation
- Glatfelter
- DuPont
- Toray Industries Inc.
- Lydall Inc.
- Fitesa
- Suominen Corporation
- Johns Manville

πŽπ›π­πšπ’π§ π‘πžπ©π¨π«π­ πƒπžπ­πšπ’π₯𝐬: https://www.alliedmarketresearch.com/nonwoven-fabrics-market-A13919

Contact:

David Correa

United States

1209 Orange Street,

Corporation Trust Center,

Wilmington, New Castle,

Delaware 19801 USA.

Int'l: +1-503-894-6022

Toll Free: +1-800-792-5285

Fax: +1-800-792-5285

help@alliedmarketresearch.com

About Us:
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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