Polypropylene Nonwoven Fabric Market Size, Share, Growth, Trends and Forecast Report, 2019 to 2025Nonwoven Fabrics RetailUpdated on Jun 8, 2020 View more like this | Visit NEW YORK, NY | Contact 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.
Further key findings from the report suggest:
Access full research report on global polypropylene nonwoven fabric market: www.grandviewresearch.com/industry-analysis/polypropylene-nonwoven-fabric-market
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.
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.
Access full research report on global polypropylene nonwoven fabric market: www.grandviewresearch.com/industry-analysis/polypropylene-nonwoven-fabric-market