NON-WOVEN FABRIC MARKET - GROWTH, TRENDS, AND FORECAST (2019 - 2024)

- Nov 21, 2019-

The market is segmented by Technology (Spun-bond, Wet Laid, Dry Laid, and Other Technologies), Material (Polyester (PET), Polypropylene, Polyethylene, Rayon, and Other Materials), End-user Industry (Construction, Textiles, Healthcare, Automotive, and Other End-user Industries), and Geography.

 

Non-woven Fabric Market

The non-woven fabric market is expected to witness a healthy growth, at an estimated CAGR of 7.25%, over the forecast period. Growing application base in the healthcare and personal care industry, along with increasing demand from the automotive industry, is expected to drive the market studied.

 

Lack of awareness among consumers, wherein they consider nonwoven fabric products to be harmful to the environment (and not taking into consideration the positive quality attributes of polypropylene, which is used in making non-woven fabrics), is expected to hinder the growth of the market studied.

Spun-bond segment dominated the market, by technology, and it is also likely to witness the highest CAGR during the forecast period.

Increasing number of construction projects, specifically in Asia-Pacific and the Middle East & Africa are expected to increase the demand for the market in the future.

 

Key Market Trends

Increasing Demand from the Healthcare Industry

Non-woven fabric is used to make various products in the healthcare industry,