Nonwoven Materials Market to Reach US$ 77,676.1 Mn by 2027 - Coherent Market Insights

Published On : Aug 27, 2019

The global nonwoven materials market was valued at US$ 44,768.8 Mn in 2018, according to Global Nonwoven Materials Market Report, by Material Type (Polyester, Nylon, Polypropylene, Polyethylene Terephthalate and Others), by Technology (Drylaid, Spunlaid, Wetlaid, and Others), by Application (Personal Care & Hygiene, Medical, Household, Filtration, Textile, Automotive, Building and Construction and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) published by Coherent Market Insights.

The global nonwoven materials market is projected to reach US$ 77,676.1 Mn by 2027, exhibiting a CAGR of 6.4% over the forecast period (2019-2027). Increasing demand from end-use industries for nonwoven material is expected to drive growth of the global nonwoven materials market over the forecast period.

The nonwoven materials offer various advantages such as flame resistance, heat sealability, lightweight, lint-free, moldable, breathable and soft to touch, tear resistance, and water repellence. According to the article ‘Nonwoven materials and joining techniques’, published by Woodhead Publishing Limited in 2013, nonwoven materials offer good tensile strength, elongation, stiffness, permeability, vapor and liquid absorption, and chemical resistivity. These features of nonwoven materials are expected to increase demand for nonwoven materials market globally.

The production of nonwoven materials require low manufacturing costs can generate huge profits for manufacturers of nonwoven materials. For instance, low usage of energy, gas, air, and water with lesser waste and raw material consumption leads to an efficient manufacturing process. Increasing demand for improved manufacturing processes is expected to grow over the forecast period, owing to benefits associated with their use.

However, low strength and durability of nonwoven materials compared to woven fabrics is likely to restrain growth of the nonwoven materials market over the forecast period. Moreover, easy availability of substitutes such as cellulose and cotton is further expected to hamper growth of the market over the forecast period.

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https://www.coherentmarketinsights.com/market-insight/nonwoven-materials-market-307

Browse 36 market data tables* and 30 figures* on "Nonwoven Materials Market” - Global forecast to 2027.

Key Takeaways of the Market:

  • Among technology, drylaid segment accounted for 38.8% of the revenue share in the global nonwoven materials market in 2018, whereas, spunlaid technology is expected to register a CAGR of 7.2% over the forecast period. The growing automotive industry is driving growth of the spunlaid technology segment. According to the India Brand Equity Foundation (IBEF), in January 2019, the automotive industry in India is expected to increase from US$ 251.4 to US$ 282.8 billion by 2026.
  • Spunlaid technology incorporates both fabric and fiber production, resulting in low production costs. Nonwoven material products produced from spunlaid technology are mainly used in geotextiles, disposable medical/hygiene products, carpet backing, automotive products, and packaging products.
  • Among region, Asia Pacific accounted for the largest revenue share in the global nonwoven materials market in 2018, and is expected to maintain its dominance over the forecast period. Moreover, Europe contributed for the second largest revenue share in the global nonwoven materials market owing to the increasing personal care & hygiene industry. For instance, according to European Disposables and Nonwovens Association (EDANA), in 2016, the Europe personal care & hygiene industry constituted for 30.9% market share of the nonwoven roll goods, followed by wipes for personal care with 12.4% of the market share.
  • Major players operating in the global nonwoven materials market include Berry Global Group, Toray Industries, Inc., Johns Manville, Freudenberg SE, DuPont de Nemours, Inc., Ahlstrom-Munksjo Oyj, Kimberly-Clark Corporation, P. H. Glatfelter Company, and Suominen Corporation.

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