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Non-Woven Materials Market - What are the main factors that contributing towards industry growth?

Author : Rahul Varpe | Published Date : 2019-03-28 

Healthcare industry is a significant contributor in the growth of non-woven materials market. Increasing safety measure concern while undergoing medical surgeries and other medical operations is anticipated to depict a positive outlook for the market in near future. Thus, development and innovation in medical industry is booming the market over the forecast period.

Global Non-Woven Materials Market size is expected to witness high growth rate between 2017 and 2024. These materials are used in wide range of applications in the industries of paper and packaging, automobile, agriculture, construction, textiles, healthcare and medical. They are made up of cross laid, parallel laid, or randomly laid webs tied up with adhesives or thermoplastic fibres. The material possesses properties of cushioning, thermal insulation, flame retardancy, strength, stretch and softness. Global non-woven materials market is anticipated to witness a significant growth owing to its multiple and varied applications during the forecast period.

Major application of the product is in automobile industry; many interior and exterior parts of vehicles are manufactured using these materials. Physical properties such as lightweight, high moldability and durability makes these substances suitable to be used in vehicle components. Thus, surge in global automotive industry due to improved living standard of youth complements non-woven materials market.

To access the table of contents or view the Non-Woven Materials Market report in detail, please click the link below: www.gminsights.com/request-toc/upcoming/1509

As per the product type of non-woven materials, they are classified as nylon, polyester, polypropylene and others. Based on the applications, the market is segmented as durables and disposables. On the basis of end-use industries, the market is divided as automobile industry, pharmaceutical industry, construction industry, and others.

Asia Pacific is estimated to be the major contributor in the global market owing to the development of textile and personal hygiene products industries in South East Asia, India, China and Thailand. There has been a steady growth of textile industry in the region in past few decades. Thus, Asia Pacific is anticipated to remain dominant in the market during the forecast period. North America contributes significantly in the consumption of non-woven materials. Well established and ever increasing medical industry in U.S is a driving factor for the region in the market.

Furthermore, Europe has an established and expanding automobile market, especially in Germany due to which there is an increasing demand of non-woven materials in the region. Thus, Europe is registering a significant growth in the global non-woven materials market. Middle East and Africa is at a nascent stage in the market but is expected to have a considerable market share during the forecast period. Infrastructural development is at its peak in Brazil and Argentina owing to which construction spending is increasing in Latin America. Improving life style and growth in construction activity offers a healthy growth to this region in the market.

The global non-woven materials market is fragmented in nature with major five industry players holding less than 20% of the market share. Major manufacturers in the market include Toray Industries, Inc, Fitesa, MITSUI & CO., LTD, Fibertex, PEGAS, Providencia, First Quality, AVGOL, Asahi Kasei Corporation, Polymer Group Incorporation, Fiberweb, Chevron Corporation, Freudenberg.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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