Vidarbha News

Increased demand for nonwovens in healthcare industry driving Nonwoven Fabrics Market

 Breaking News
  • No posts were found

Increased demand for nonwovens in healthcare industry driving Nonwoven Fabrics Market

January 22
19:06 2021
Increased demand for nonwovens in healthcare industry driving Nonwoven Fabrics Market

Browse 142 Market Data Tables and 50 Figures spread through 211 Pages and in-depth TOC on “Nonwoven Fabrics Market”
by Polymer Type, Layer, Function, Technology (Spunbond, Wetlaid, Drylaid), Application (Hygiene, Building & Construction, Filtration, Medical, Automotive, Consumer Products), and Region

The global nonwoven fabrics market size is projected to grow from USD 40.5 billion in 2020 to USD 53.5 billion by 2025, at a CAGR of 5.7% from 2020 to 2025. The market is projected to grow in accordance with the increase in the demand for nonwoven fabrics for hygiene products across the globe. Factors such as an increase in the innovations in nonwovens, and a boost in the demand for hygiene and medical products during the COVID-19 pandemic is expected to drive the market for nonwoven fabrics.

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. 

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=101727296

In terms of volume, spunbond are estimated to lead the nonwoven fabrics market in 2019.

Spunbond, by technology, accounted for the largest market share in the nonwoven fabrics market. Spunbond is widely used for the processing of sustainable nonwovens, owing to its cost effectiveness and high performance, and yields higher output at comparatively lower costs. Increase in the use of spunbond nonwovens for baby diapers and geotextiles is expected to have a positive impact on the demand for spunbond nonwoven fabrics.

Hygiene is estimated to be the largest segment in the nonwoven fabrics market in 2019.

Hygiene, by application, accounted for the largest demand for nonwoven fabrics  in 2019, in terms of value and volume. This dominant market position is attributed to the boost in the demand for nonwoven solution across the hygiene industry for baby diapers, masks and wipes. COVID-19 has increased the demand for hygiene products  such as sanitary napkins, wipes, face masks, and adult incontinence products, across the globe.

The APAC region is projected to account for the largest share in the nonwoven fabrics market during the forecast period.

The APAC region region is projected to lead the nonwoven fabrics market, in terms of both value and volume from 2020 to 2025. Higher domestic demand, along with the availability of low-cost labor, makes this region the most attractive market for nonwoven fabric producers. Hence, the market players are focusing on this region to gain a larger share and increase their profitability. Factors such as improving global economy, expanding working population, and rising domestic demand for hygiene products  are expected to boost the market for nonwoven fabrics.

Ahlstrom-Munksjo (Finland), Berry Global Inc. (US), Kimberly-Clark Corporation (US), Asahi Kasei Corporation (Japan), Toray Industries Inc. (Japan), Freudenberg Group (Germany), and Lydall, Inc. (US)  are the key players operating in the nonwoven fabrics market. Expansions & investments, mergers & acquisitions, joint ventures & agreements, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the nonwoven fabrics market.

Report for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=101727296

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/non-woven-fabrics-market-101727296.html