Allied Market Research

The global nonwoven fabrics market is experiencing robust growth, driven by increasing demand across various industries, including healthcare, textiles, and automotive. According to a recent report by Allied Market Research, titled "Nonwoven Fabrics Market by Polymer Type, Function, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030", the market generated $38.3 billion in 2020 and is projected to reach $68.1 billion by 2030, growing at a CAGR of 6.0% during the forecast period.

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Key Growth Drivers

- Healthcare Demand: The rising use of nonwovens in medical applications, such as face masks, isolation gowns, and disposable caps, is fueling market expansion.

- Textile Industry Growth: Increasing preference for nonwoven fabrics in textiles due to their durability and cost-effectiveness.

- Automotive Sector Expansion: The need for lightweight and fuel-efficient vehicles is boosting demand for nonwoven materials in car interiors and filtration systems.

However, challenges such as raw material availability and price volatility pose constraints. On the bright side, advancements in nonwoven fabric technology are expected to unlock new growth opportunities.

Segment Insights:

- Durables Segment: Held the highest market share in 2020, accounting for over half of global revenue, and is projected to grow at a CAGR of 6.5% due to rising construction activities in emerging markets like China, India, and Brazil.

- Hygiene Segment: Dominated the application category in 2020, comprising nearly 60% of the market, with continued growth driven by superior absorption properties and cost efficiency of nonwoven fabrics.

- Building & Construction: Expected to register the fastest CAGR of 7.1% from 2021 to 2030, spurred by increasing infrastructure investments in developing nations.

Regional Analysis:

Asia-Pacific leads the market, followed by Europe and North America. In 2020, the region accounted for around 40% of global revenue and is projected to maintain its dominance with a CAGR of 6.6%, driven by economic growth, an expanding workforce, and rising demand for hygiene products.

Key Market Players:

- Ahlstrom-Munksjo

- Berry Global Inc.

- Kimberly-Clark Corporation

- Glatfelter

- DuPont

- Toray Industries Inc.

- Lydall Inc.

- Fitesa

- Suominen Corporation

- Johns Manville

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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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