Pune, India, February,2019/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Nonwoven Fabrics Market.
The global Nonwoven Fabrics Market during the forecast period 2018-2027, will register growth at a CAGR of 7%. The market for nonwoven fabrics is set to reach US$69.18 billion by 2027. As per Market analysts, the global market is anticipated to witness growth owing to the factors such as growing applications in the healthcare sector as well as growing adoption from the automotive sector. However, Nonwoven Fabrics Market will face challenges and restraints due to strict regulatory requirements and increasing environmental issues during the forecast period 2018-2027.
The rising demand across different industry verticals in the Market is set to play a key role in determining the growth potential for 2018-2027 years. Analysts have also studied the Market to understand potential threats and challenges the Market companies could face. Although Nonwoven Fabrics Market is poised to grow at a fast pace across material, technology, function, and applications segments, factors such as the strict regulatory requirements could slow down the Nonwoven Fabrics Market growth worldwide.
The Market has been segmented into material, technology, function, and applications. Based on the segment which is material, the market is categorized on the basis of bi-component, polyethylene, polyethylene terephthalate, polypropylene, rayon, wood pulp, and others. The global market for nonwoven fabrics is further segmented based on technology into disposable and durable. Furthermore, the market, on the basis of technology is segmented into dry-laid, wet-laid, and spun melt. Based on the segment which is applications, the market is categorized on the basis of automotive, construction, filtration, hygiene, upholstery, and others.
The global Market research report covers all the aspects of the Market based on the segmental analysis of these material, technology, function, and applications segments. Analysts have also studied the global Nonwoven Fabrics Market regional markets spread across many continents and countries. The material, technology, function, and applications segments along with their sub-segments have been analyzed and companies functioning in the Nonwoven Fabrics Market across these segments are profiled and analyzed based on input and feedback from Market based decision makers as well as primary and secondary sources. The Market research report presents analysis based information for companies functioning in the Market.
High energy prices and foreign trading trends may hinder the Market growth. The market research report suggests that companies in the Market could be supported by emerging technologies reducing manufacturing costs as well as the inclusion of nanofiber and high-performance material technologies during the forecast period. The Nonwoven Fabrics Market is set to register growth at a high CAGR owing to these key factors. The Market is spread across North America, Europe, Asia-Pacific, and other parts of the world. The global Market research report reveals that APAC, North America, and Europe regional Markets will dominate the global market for nonwoven fabrics during the forecast period 2018-2027. As per Market analysts, the market is set to witness tremendous growth across automobile, manufacturing, and healthcare industries segments in North America which covers Markets across the United States, Canada, Mexico and several other regional markets. Companies active in the Nonwoven Fabrics Market are also analyzed and studied in the Market research report.
The Market for Europe covers smaller market segments of Germany, Italy, France, and the United Kingdom. Additionally, the Market research report covers the Asia-Pacific region covering Markets from India, China, Japan, Australia, and others. The Market is also spread across the rest of the world. The Market report covers all such regions including the Middle East, Africa, Brazil, and others.
Nonwoven fabrics have seen increased demand over the years, due to new possibilities for nonwoven producers and a significant variety of exterior and interior components. Companies functioning in the global Nonwoven Fabrics Market are also being challenged due to fluctuating raw material prices and weak supply of raw materials. Mergers and acquisitions by Market companies are anticipated to help the market during the forecast period 2018-2027. As the Market is set to register a high CAGR of 7% and is also anticipated to reach a US$69.18 billion by 2027, the report highlights key areas companies need to focus on. The report suggests that the Nonwoven Fabrics Market will see a healthy growth in the long run till 2027. Based on SWOT analysis and Market’s analysis based on Porters’ Five Force Model presented in the Market report. Mergers and acquisitions by Market companies are anticipated to help the market during the forecast period 2018-2027.
For disinfectant pads, filtration, facet, automobile, dental, grooming and other engineering products, FDI manufacturers crumble and carded nonwovens. This will reinforce Fitesa's asset base, especially the wipes division, to support the healthcare industry. Moreover, with the recruitment of professional and skilled staff the firm can expand its operational competence. This is the third purchase of Fitesa in 2020. Freudenberg Hygiene Brazil was purchased in February and Tredegar Personal Care, scheduled to be finished during the fourth quarter 2020, was announced by the firm in August. The deal is expected to close.
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