Press release
Polypropylene Nonwoven Fabrics Market to witness substantial gains from hygiene & medical applications over 2016-2024
As per Global Market Insights, Inc., “PP (Polypropylene) nonwoven fabrics industry revenue, worth USD 18 billion in 2015, is expected to surpass USD 40 billion by 2024.”
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Taking into consideration the regional trends, U.S. PP (Polypropylene) nonwoven fabrics industry is likely to hit USD 7.5 billion by 2024. Its mounting popularity across geotextile, automobile, and construction sectors will contribute significantly towards the regional revenue. Hygiene applications in the U.S. produced a revenue of more than USD 1.25 billion in 2015.
Japan and China are likely to drive the growth of PP (Polypropylene) nonwoven fabrics market in Asia Pacific. Japan PP nonwoven fabrics industry is forecast to record a CAGR of 8% over 2016-2024, owing to high demand for incontinence care based items. China industry is projected to cross a revenue margin of USD 6 billion by 2024, with many of the reputed firms planning to expand their baby diaper manufacturing business in the country.
Germany PP (Polypropylene) nonwoven fabrics industry is predicted to witness a prominent growth in the years ahead. Industry players in Europe are making technological upgradations to meet the regulatory compliances.
Based on the product trends, PP (Polypropylene) nonwoven fabrics market is segmented into composite, spunbonded, meltdown, and staples based products. Spunbonded based PP (Polypropylene) nonwoven fabrics industry is projected to grow at a rate of 8.5% over the period of 2016-2024. Their wide applications in carpet backing, protective apparel, medical sector, disposable items, and furniture sectors will boost the growth.
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Staples based PP nonwoven fabrics market is forecast to record a CAGR of 7% over the coming timeline, driven by its prominent use in construction activities, vehicles, and geotextiles. Meltdown based PP (Polypropylene) nonwoven fabrics industry is slated to reach a targeted revenue margin of USD 8 billion by 2024, owing to its high demand across hygiene sector.
PP nonwoven fabrics also find extensive applications across hygiene, furniture, medical, carpet, and geotextiles sectors. Furniture application is expected to register substantial gains at 9% CAGR over the coming seven years, driven by its escalated use in production of furniture & bedding construction sheets, dust covers, spring wraps, arms & back, blankets, and insulators.
PP (Polypropylene) nonwoven fabrics market size in the hygiene sector is expected to reach USD 18 billion by 2024, owing to its extensive use in production of baby diapers, female disposables, incontinence items, and wipes.
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PP (Polypropylene) Nonwoven Fabrics Market Size By Product (Spunbonded, Staples, Meltblown, Composite), By Application (Hygiene [baby diapers, feminine hygiene, adult incontinence, wipes], Industrial, Medical, Geotextiles, Furniture, Carpet, Agriculture) Industry Analysis Report, Regional Outlook (U.S., Canada Germany, UK, France, Italy, Russia, Poland, China, India, Japan, Malaysia, Thailand, Indonesia, South Korea, Australia, Saudi Arabia, UAE, Egypt, South Africa, Brazil), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2024
https://www.gminsights.com/industry-analysis/polypropylene-pp-nonwoven-fabrics-market-report
PP (Polypropylene) nonwoven fabrics industry size in the medical sector is anticipated to grow notably, subject to high healthcare expenditure in Europe, China, and the U.S. They are prominently used in production of ostomy liners, surgical caps, masks, gloves, heat packs, incubator mattress, and drapes.
Global PP (Polypropylene) nonwoven fabrics market share is distributed among the top four market players accounting for more than 40% of the overall volume. Industry participants will try to gain competitive edge through strategic collaborations and joint ventures. First Quality Nonwovens Incorporation, Kimberly-Clark Corporation, Companhia Providência Company, Mitsui & Company Limited, SABIC, Avgol Nonwoven Industries, A.R. Fibtex Private Limited, Toray Industries, Fiberweb (India)Limited, ExxonMobil Corporation, Fitesa S.A., Polymer Group Incorporation, and Pegas Nonwovens are the key participants of PP (Polypropylene) nonwoven fabrics industry.
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.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/
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