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Non-woven Fabrics Market will be worth USD 64.71 billion by 2030, at a CAGR of 6% - Exactitude Consultancy

Non-woven Fabrics Market

Non-woven Fabrics Market

Non-woven Fabrics Market Analysis Report by Product Type, by Application and by End Users: Global Opportunity Analysis and Industry Forecast 2030

The demand for non-woven fabrics is on the rise due to their diverse applications in hygiene products, medical supplies, and filtration systems.”
— Exactitude Consultancy

LUTON, BEDFORDSHIRE, UNITED KINGDOM, February 28, 2024 /EINPresswire.com/ -- “Exactitude Consultancy That Adds Flavour To Your Success”

The Non-woven Fabrics Market Size, Scope, and Forecast 2024-2030 report has been added to the Market research collection of Exactitude Consultancy reports. Industry experts and researchers have offered an authoritative and concise analysis of the Non-woven Fabrics Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Non-woven Fabrics Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Non-woven Fabrics Market in the coming years.

The Non-woven Fabrics market is predictable to grow from USD 38.3 billion in 2023 to USD 64.71 billion by 2030; it is expected to grow at a CAGR of 6% from 2024 to 2030.

Increased Demand for Nonwovens in Healthcare Industry

The use of nonwoven fabrics in medical applications is increasing due to the introduction of products with reduced costs for use in cost-sensitive hospitals. Products, such as disposable & reusable surgical gowns, drapes, gloves, and instrument wraps, are widely used in hospitals. Several government initiatives to control HAIs (Hospital Acquired Infections) promote the use of nonwoven medical products, such as disposable patient gowns, drapes, and linens that help reduce the spread of HAIs.

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Some of the key players profiled in the study are: Glatfelter Company, DuPont, Lydall Inc., Ahlstrom-Munksjo, Berry Global Inc., Fitesa, Suominen, TWE Group, Freudenberg Group, PFNonwovens, Autotech Nonwovens, Hollingsworth & Vose and other Prominent players.

18 February 2022: The Mobility & Materials segment, which includes the Engineering Polymers business line and a few product lines within the Performance Resins and Advanced Solutions business lines, will be sold by DuPont to Celanese Corporation for USD 11.0 billion in cash, subject to customary transaction adjustments in accordance with the definitive agreement.

02 February 2022: FNonwovens and Smart Plastic Technologies announced that they have signed an exclusive joint development agreement for the use of Smart Plastic’s patent-pending SPTek ECLIPSE technology in PFNonwovens’ hygiene and medical nonwoven products.

Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Non-woven Fabrics Market. The major and emerging players of the Non-woven Fabrics Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Non-woven Fabrics market.

The segmental analysis section of the report includes a thorough research study on key type and application segments of the Non-woven Fabrics market

Non-Woven Fabrics Market By Polymer Type, 2020-2029, (USD Billion, Million Square Meters)

Polypropylene (Pp)

Polyethylene (Pe)

Polyethylene Terephthalate (Pet)

Wood Pulp

Rayon

Others

Non-Woven Fabrics Market By Technology, 2020-2029, (USD Billion, Million Square Meters)

Spunbond

Dry Laid

Air Laid

Wet Laid

Non-Woven Fabrics Market By Function, 2020-2029, (USD Billion, Million Square Meters)

Disposals

Durables

Non-Woven Fabrics Market By End-User, 2020-2029, (USD Billion, Million Square Meters)

Hygiene

Medical

Filtration

Automotive

Building And Construction

Others

Non-woven Fabrics Market Regional Analysis/Insights

Due to the commissioning of additional capacities and an increase in the production of non-woven fabric in the region, Asia-Pacific is anticipated to be the largest consumer globally. China accounted for the largest global share of non-woven fabric production and consumption. China’s textile sector is flourishing thanks to rising government support and investment. Industry-wide restructuring is painfully affecting the nation’s textile and apparel manufacturers. India’s largest industry is now the healthcare sector. Due to the government’s emphasis on improving healthcare, the nation’s healthcare spending as a percentage of GDP is rising quickly. Due to its accessible, affordable, and high-quality healthcare, India is also one of the top destinations for medical tourism. Because end-user industries are expanding quickly, all of the factors mentioned are expected to drive the market in the Asia-Pacific region at high rates.

North America and South America are likely to hold the second-largest position in the market for the production of nonwoven fabrics as a result of the expansion of infrastructure and building activities. In Europe, driving a car is the most popular form of transportation. The automotive industry has rapidly increased its use of non-woven materials as a result of the high demand for them. The rest of the world, including the Middle East and Africa, would keep progressing steadily and consistently during the anticipated time frame. Due to the tourist industry, personal hygiene products are in high demand, which is driving up global demand.

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Here's how Exactitude Consultancy helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.

Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Non-woven Fabrics market through the forecast period.

This factor leads to the estimation of the Non-woven Fabrics market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Non-woven Fabrics market that will help the stakeholders to be aware of the current investment scenario across the market.

What is new in 2024?

- Major developments that can change the business landscape as well as market forecasts.

- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.

- Coverage of new market players and change in the market share of existing players of the Non-woven Fabrics market.

- Updated financial information and product portfolios of players operating in the Non-woven Fabrics market.

- Updated market developments of the profiled players.

- Any new data points/analysis (frameworks) which was not present in the previous version of the report

The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Non-woven Fabrics.

Customization services available with the report:

- Country level market for Non-woven Fabrics market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.

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