Global Non-woven Fabrics/TextilesMarket Set for Rapid Growth And Trend, by 2017 - 2025
Based on technology, the global non-woven fabrics/textiles market has beendividedinto dry laid, spunmelt, wet laid, and others. Spunmelt is the most widely used technology to produce non-woven fabrics/textiles.The segmentaccounted fora major market share in 2016 and the trend is projected to continue throughout the forecast period.Thesegment is expected to witness rapid growthfrom 2017 to 2025also. Based on function, the global market for non-woven fabrics/textileshas beensegmentedinto disposable and non-disposable.The non-disposable function segment held a leadingmarket share in 2016 and is expected to continueits dominance throughout the forecast period. The disposable function segment is anticipated to witness rapid growth during the forecast period. Based on end-use, the global non-woven fabrics/textiles market can besegmented into wipes, hygiene, construction, filtration, upholstery, automobile, and others.The construction segment accounted for amajor market share in 2016 and is estimated to continue to dominate the market during the forecast period. The automobile segment is expected to witness rapid growth during the forecast period.
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Major drivers forthe global non-woven fabrics/textiles market include increasing awareness about and rising adoptionof non-woven fabrics/textiles. Theseare highly durable and cost less, as raw materials are readily available.Due to their durability and cost-effectiveness, demand for non-woven fabrics/textiles is increasing considerably among consumers all over the world. In addition, development and introduction of new application areas is triggering the market for non-woven fabrics/textiles. The healthcare sector is increasingly using non-woven fabrics/textiles for various purposes.This factoris driving the global market. High cost of finished products adversely affects the pricing of intermediate products. This, in turn, is acting as a major restraint forthe market.However, surging demand in emerging industriesis likely too ffer ample opportunities to the global market for non-woven fabrics/textiles in the near future. In addition, rising importance of geo-textiles worldwide is projected to prove to be a major opportunity forthe market.
Geographically, the global non-woven fabrics/textiles market has beensegregated into North America, Europe, Asia Pacific, Middle East &Africa, and Latin America. Asia Pacific held a major market share in 2016 and the trend is expected to continue throughout the forecast period.This is attributableto growthofend-use industries such as constructionand automobile in the region. Themarket in the region is anticipated to witness rapid growthbetween 2017 and 2025. This growth is attributableto developingcountries such as China and Indiawitnessingan increase in demand from automotive and medical industries. Leading players operating in the non-woven fabrics/textiles market areincreasingly venturing into the Asia Pacific market, due to thisboom in end-use industries in the region.
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Major players inthe global non-woven fabrics/textiles market include Kimberly-Clarke Corporation (the U.S.),E.I. Du Pont De Nemours and Company (the U.S.),Ahlstrom Corporation (Finland),Avintiv Inc. (the U.S.),Freudenberg & Co. KG (Germany),Glatfelter (the U.S.),Fitesa (the U.S.),Suominen Corporation (Finland),Johns Manville [Berkshire Hathaway Inc.] (U.S.), and TWE Group.
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