Non-Woven Materials Market growth trends, Regional Outlook, Applications & Forecast 2017
Physical properties such as lightweight, high moldability and durability makes these substances suitable to be used in vehicle components. Thus, surge in global automotive industry due to improved living standard of youth complements non-woven materials market.
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Global Non-Woven Materials Market size is expected to witness high growth rate between 2017 and 2024. These materials are used in wide range of applications in the industries of paper and packaging, automobile, agriculture, construction, textiles, healthcare and medical.
They are made up of cross laid, parallel laid, or randomly laid webs tied up with adhesives or thermoplastic fibres. The material possesses properties of cushioning, thermal insulation, flame retardancy, strength, stretch and softness. Global non-woven materials market is anticipated to witness a significant growth owing to its multiple and varied applications during the forecast period.
Healthcare industry is a significant contributor in the growth of non-woven materials market. Increasing safety measure concern while undergoing medical surgeries and other medical operations is anticipated to depict a positive outlook for the market in near future. Thus, development and innovation in medical industry is booming the market over the forecast period.
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Non-Woven Materials Market size & forecast by product & application
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As per the product type of non-woven materials, they are classified as nylon, polyester, polypropylene and others. Based on the applications, the market is segmented as durables and disposables. On the basis of end-use industries, the market is divided as automobile industry, pharmaceutical industry, construction industry, and others.
Asia Pacific is estimated to be the major contributor in the global market owing to the development of textile and personal hygiene products industries in South East Asia, India, China and Thailand. There has been a steady growth of textile industry in the region in past few decades.
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The global non-woven materials market is fragmented in nature with major five industry players holding less than 20% of the market share. Major manufacturers in the market include Toray Industries, Inc, Fitesa, MITSUI & CO., LTD, Fibertex, PEGAS, Providencia, First Quality, AVGOL, Asahi Kasei Corporation, Polymer Group Incorporation, Fiberweb, Chevron Corporation, Freudenberg.
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