Tuesday, 15 September 2020

PP Nonwoven Fabric Market to Rise at 6.5% CAGR from 2019 to 2025: Grand View Research Inc.

 The global polypropylene nonwoven fabric market size is expected to reach USD 33.2 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 6.5% CAGR during the forecast period. Rising penetration of the product in geotextiles on account of its properties such as tear and puncture resistance and temperature fluctuation tolerance is expected to boost product demand over the forecast period.

Increasing consumption of absorbent hygiene products to offer quality of life by improving skin health, hygiene, discretion, reliability, and convenience, along with increased mobility and flexibility, is expected to drive demand for PP nonwoven fabrics in personal care and hygiene products manufacturing applications.

Rapid growth in birth rate, coupled with rising awareness pertaining to the benefits of baby diapers, is expected to boost market growth. In addition, product attributes such as resistance to numerous chemical solvents, acids, and bases contribute positively to product demand in various application industries.

Players in the industry are involved in increasing sales through new product development and enhancing production capacity to obtain a competitive edge. However, the market is moving towards consolidation owing to rising number of mergers and acquisitions and increasing overall production capacity to cater to growing demand in Asian countries.

Access Research Report of PP Nonwoven Fabric Market https://www.grandviewresearch.com/industry-analysis/polypropylene-nonwoven-fabric-market

Further key findings from the report suggest:

  • The staples segment is likely to expand at a CAGR of 5.8% in terms of revenue from 2019 to 2025 on account of its increasing penetration in medical application such as gloves, medical packaging, surgical gowns, masks, drapes, and covers
  • The automotive segment is expected to register a CAGR of 6.4% from 2019 to 2025 owing to rising consumer demand for superior car aesthetics, wherein the product is used to manufacture decorative fabrics, bodywork parts, and loudspeaker covers
  • Asia Pacific is anticipated to reach USD 14.29 billion by 2025 on account of increasing child and infant population, coupled with increased awareness for usage of baby diapers in the region, especially in China and India
  • Product demand in U.S. accounted for USD 3.15 billion in 2018 on account of its rising penetration in medical applications, coupled with presence of numerous multinational baby diaper and baby care product manufacturing companies
  • Major players in the market are focusing on investments in installation of new facilities in emerging economies of Asia, especially China, owing to low raw material cost and inexpensive labor, which is likely to benefit companies in increasing profit margins.

Grand View Research has segmented the global polypropylene (PP) nonwoven fabric market on the basis of product, application, and region:

PP Nonwoven Fabric Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Spunbonded
  • Staples
  • Meltblown
  • Composite

PP Nonwoven Fabric Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Hygiene
  • Industrial
  • Medical
  • Geotextiles
  • Furnishings
  • Carpet
  • Agriculture
  • Automotive
  • Others

PP Nonwoven Fabric Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Russia
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Oceania
    • Taiwan
    • Thailand
    • Malaysia
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • Turkey
    • South Africa
    • Egypt

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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