PP (Polypropylene) Nonwoven Fabrics Market forecast on regional growth, industry players
Speaking along similar lines, U.S. PP nonwoven fabrics industry will surpass a revenue collection of USD 7.5 billion by 2024. Escalating use of the product for various applications such as automotive, construction, and geotextiles will augment the industry growth. In addition to this, consumers across this region are giving preference to hygienic products, which will stimulate product demand notably.
Request for sample pages of this report@
The ever-rising elderly population is another prominent factor boosting PP nonwoven fabrics market size. Taking into account the product strength and durability, staples have been gaining popularity across the sectors such as automotive, geotextile, and construction. PP nonwoven fabrics market share from staples will register a CAGR of more than 7% over the period of 2016 to 2024.
Increasing spending capability along with shifting trends toward the adoption of hygienic products such as baby diapers and wipes will propel China PP nonwoven fabrics market, which will surpass a revenue collection of USD 6 billion by 2024. The noteworthy participants in PP nonwoven fabrics market are AVGOL, Kimberly-Clark, Polymer Group, Fibertex Nonwovens, Mitsui & Co., Toray, First Quality, SABIC, and PEGAS.
The industry players across the regions such as Europe, U.S. and China are investing heavily into healthcare sector to manufacture the products such as gowns, drapes, bed linen, masks, surgical caps, under pads, ostomy liners, gloves, incubator mattress, and shrouds. Such a widespread range of product usage will influence the medical application segment, which will generate a volume of more than 2 million tons by 2024.
Browse PP Nonwoven Fabrics Market report summary@
Spunbonded products dominated the product segment of PP nonwoven fabrics market in 2015 by accounting for 50% of the market share and will collect a revenue of more than USD 19 billion by 2024. Spunbonded based products are cost effective due to the simple and economical manufacturing process as compared to other products. The product finds applications across various sectors such as automotive, furnishing, and medical.
U.S. PP nonwoven fabrics market size should be worth above 7.5 billion at the end of 2024. Increasing product demand in durable applications which includes construction, geotextiles and automotive should boost product demand. Rising ageing population and increasing hygiene products importance should fuel regional industry.
Inquire About to purchase this research report@
China Polypropylene nonwoven fabrics industry demand should surpass USD 6 billion by 2024. Rising disposable income has driven the usage hygiene products which includes sanitary wipes and baby diapers should favor regional industry growth. Many companies have plans to expand business mainly in China which includes PGI Suzhou, Toray Nantong and Hubei Gold (AVGOL).
Germany market consumption is forecast to exceed 650 kilo tons by 2024. Capacity expansion in Europe is mainly concentrated by hygiene product segment. European market players are focusing on upgrading technologies for complying regulatory directives, which may further escalate industry growth.
Some of the companies in poplypropylene nonwoven fabrics market include First Quality, Kimberly Clark, AVGOI, Fibetex, Toray, Mitsui, SABIC, Fitesa, ExxonMobil, and PEGAS.
About Global Market Insights, Inc.:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release PP (Polypropylene) Nonwoven Fabrics Market forecast on regional growth, industry players here
News-ID: 643298 • Views: 384
More Releases from Global Market Insights Inc.
Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug
More Releases for USD
Agriculture Robots worth USD 3.5 billion market
According to Goldstein Research, the rising demand for agriculture robots is being driven by a numerous factors including global population growth, increasing strain on the food supply and decreasing availability of farm workers in developed countries. Global agriculture robots market segmentation includes products types such as driverless tractors, milking robots, potato sorting system, unmanned aerial vehicles and other. The market for agricultural robots is emerging at a rapid pace, with
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size
Metabolomics Market USD 1.24 Billion by 2020
The global metabolomics market is estimated to reach USD 1.24 Billion in 2020, growing at a CAGR of 15.6% from 2016 to 2020, according to a market research report Metabolomics Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Metabolomics Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/metabolomics-market/ Metabolomics is the scientific study of chemical processes involving metabolites, whereas metabolome represents the collection of all metabolites in a biological cell, tissue, organ or organism, which
Albumin Market USD 300 Million by 2020
According to a market research report Albumin Market 2013-2020, published by iHealthcareAnalyst, Inc., the global albumin market is estimated to reach USD 300 Million in 2020, expanding at a CAGR of 2.4% from 2016 to 2020. Visit the Albumin Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/albumin-market/ The global albumin market segmentation is based on type (human serum albumin, bovine serum albumin, recombinant albumin), and its applications (drug formulation and drug delivery, vaccines, components
Nanomedicine Market USD 170 Billion by 2020
The global nanomedicine market is estimated to reach USD 170 Billion in 2020, growing at a CAGR of 8.9% from 2016 to 2020, according to a market research report Nanomedicine Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Nanomedicine Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/nanomedicine-market/ Nanomedicine is the medical application of nanotechnology that ranges from the medical applications of nanomaterials and biological devices, to nanoelectronic biosensors, and even possible future applications of