- Press Release
- Nonwoven Materials Market to Reach US$ 77,676.1 Mn by 2027
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 . 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. To know the latest trends and insights prevalent in this market, click the link below: 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:
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