Nonwovens Market Key Players, Industry Overview and Supply Chain Analysis 2018 – 2021
28th February 2019 – Global Nonwovens Market is expected to grow at
a significant CAGR in the upcoming period as the scope and its applications are
rising enormously across the globe. Nonwovens are engineered, unique, and
high-tech fabrics made from fibers that are used across an exclusive range of
products and applications. These are indispensable, innovative and versatile.
The factors that are playing a major role in the growth of market are
the growing demand for personal hygiene products, the rising aging population
and birth rate, low maintenance cost, and the high demand from the end-users.
However, strict government policy regarding concern towards the environment and
the volatile raw material cost may restrain overall market growth in the years
to come. Nonwovens market is segmented based on product type, technology, raw
material, end-user and region.
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Durables and disposables are the product types that could
be explored in nonwovens market in the forecast period. The disposable sector
comprises medical (bandages, surgical drapes and gowns, sponges, and instrument
wraps), adult incontinence, baby diapers, feminine hygiene, and wipes
(household wipes, baby wipes, industrial, and personal care wipes). On the
other hand, durables sector comprises artificial leather backing, filtration,
interlinings, automotive, shoe inserts, geotextiles, coating substrates,
agriculture, and others.
Hygiene and disposable gowns sector accounted for the
substantial market share of disposable nonwovens in 2017 and is estimated to
lead the overall market in the years to come. In addition, adult incontinence
sector is estimated to grow at the fastest pace in the years to come. Based on
technology, wet laid, spunlaid, air laid, carded, and others could classify
nonwovens industry in the forecast period. Spunlaid sector accounted for the
substantial market share of nonwovens and is estimated to lead the overall
market in the years to come. In addition, the sector is estimated to grow at
the highest CAGR in the years to come.
Based on the
raw materials, fibers and polymers could classify nonwovens in the
forecast period. Fibers comprise polypropylene/polyethylene bicomponent, wood
pulp, lyocel, rayon, cotton, polyester/polyethylene bicomponent, and others.
Besides, polymers comprise polyvinyl acetate-ethylene emulsions, polypropylene,
polylactic acid, polyester, and nylon. The market may be categorized based on
end-users like geo-textile, packaging industry, medical & healthcare
industry, automotive industry, and others that could be explored in the
forecast period.
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Globally, Asia Pacific accounted for the substantial market
share of nonwovens in 2017 and is estimated to lead the overall market in the
years to come. The reason behind the overall market growth could be the growing
population in the developing countries, aging population in Japan, the rising
income level, and the rapid industrialization. The developing countries like
India and China are the major consumers of nonwovens in this region. North
America and Europe are the developed markets and are estimated to show a
moderate growth rate in the years to come.
The key
players of the nonwovens market are Fiberweb, Freudenberg, Asahi Kasei
Corporation, Kimberly-Clark Corporation, Asahi Kasei Corporation, Ahlstrom
Incorporation, Polymer Group Incorporation, DuPont and Chevron Corporation.
These players are concentrating on inorganic growth to sustain themselves
amidst fierce competition.
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