The ‘Global Nonwoven Fabrics Market Report,’ published by Reports and Data, offers a panoramic vision of the global Nonwoven Fabrics market. The report presents accurate details on market size and revenue growth rate over the forecast period. It expounds on the current industry scenario and offers a detailed assessment of the latest and emerging market trends. The report contains key industry statistics presented in a tabular format to give readers an exclusive picture of the global Nonwoven Fabrics market.
The latest industry analysis report offers in-depth information regarding the key segments and sub-segments of the global Nonwoven Fabrics industry and emphasizes the current pandemic situation that has significantly disrupted the industry’s growth trend. Key dynamics impacting market growth include drivers, restraints, opportunities, supply demand ratios, emerging market trends, technological innovations, and value chain analysis. The report further highlights some major challenges, imminent risks and threats, and stringent government policies and regulations that are expected to impede market growth during the forecast period.
Key companies operating in the market and profiled in the report include:
The market is extremely competitive, with various leading manufacturers engaging in strategic partnerships to expand their market share. Major players in the market include Berry Global Inc., Ahlstrom-Munksjö, KCWW , Freudenberg Group, and DuPont, among others.
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Market Dynamics:
The emergence of COVID-19 pandemic has highlighted the importance of incorporating advanced technologies in manufacturing and production processes and increased investments in developing robust technological solutions. Companies operating in the market ramped up the value chain and global supply chain to cater to the growing global demand for disinfectants, sanitizers, and other chemicals, thereby accelerating revenue growth of the market. Capitalizing on the emerging trends such as sustainable packaging, rising demand for consumer personal care products, increasing need for packaged drinking water, and a paradigm shift to regional and local value chain have significantly contributed to the market revenue growth and are expected to be prevalent over the coming years.
Materials and chemicals industry has observed large-scale mergers and acquisition activities and other strategic initiatives such as collaborations, partnerships, joint ventures, brand promotions, agreements, and government and corporate deals, among others. Development of a robust product pipeline and increasing investment to accelerate research and development activities are some other key factors expected to drive market growth over the forecast period.
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The report further segments the Nonwoven Fabrics market on the basis of types, applications, end-use, and regions. It offers insights into key factors expected to influence revenue growth of each segment and sub-segment and offers CAGR and revenue for each segment across key geographical regions. Regional analysis covers assessment of production and consumption patterns, supply and demand, import/export, consumer preferences, economic growth and investment opportunities, current and emerging trends, macro- and micro-economic growth factors, technological advancements, market share, market size, and a country-wise analysis to impart clear understanding of the regional scope of the global Nonwoven Fabrics market.
Application Outlook
By application, the hygiene segment is anticipated to be dominant in the nonwoven fabrics market over the forecast period. This growth of the market is attributable to the demand for nonwovens as an alternative to traditional textiles and especially in the hygiene products. Owing to excellent properties of absorption, the material displays material properties such as smoothness, softness, comfort fit, strength, stretchability, and cost-effectiveness.
Product Type Outlook
By polymer type, the polypropylene segment is estimated to be emerged as the largest product segment and to expand at a significant CAGR over the forecast period. This growth of the market is attributable to the increasing adoption of the material from industry players and boost availability of material with several grades.
However, polyester segment is estimated to register faster CAGR over the forecast period owing to growing penetration of the product in the industries such as surgical and medical equipment manufacturing and automotive. Additionally, the superior stability and high internal bond strengthened and formed uniformly fiber structure.
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Nonwoven Fabrics Market Segmentation by Key Regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
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