The global nonwoven fabric market is projected to reach US$ 66,876.9 Million in terms of value by the end of the forecast period 2024.
Albany, NY -- (SBWIRE) -- 05/16/2018 -- An up-to-date research report 2018 has been disclosed by Market Research Reports Search Engine (MRRSE) highlighting the title "Global Market Study on Nonwoven Fabric: Spunlaid Technology to Witness Highest Growth During 2017-2024" which provides an outlook for current market value as well as the expected forecast including Rate on Investment (ROI) together with the growing CAGR near 8.3% during 2017-2024. The report studies the Nonwoven fabrics Market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export in these regions.
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Nonwoven fabrics are produced from fibers and used in various products and materials. The rise in healthcare and medical industry across the globe is contributing to the growth of the global nonwoven fabric market. Manufacturers are producing a nonwoven fabric with the focus on softness, strength, durability, firmness, anti-microbial properties, acid and solvent resistance. Owing to the diverse nature of products, the nonwoven fabric is gaining popularity in various industries. The fiber manufacturers are also conducting research activity to produce new fibers derived from natural and renewable sources. For instance, polylactic acid is an advanced fiber derived from corn, viscose and other vegetable starches.
Besides the increasing use of nonwoven fabric in the healthcare sector, it is likely to find a huge opportunity for expansion in footwear and agriculture. In order to eliminate the risk of cross-contamination, increasing number of healthcare units are using nonwoven disinfected fabrics. The nonwoven fabric is also being used on a large scale in geotextile market for the construction of durable roads. Nonwoven material is witnessing increasing demand in the automotive sector in order to replace heavy materials and to produce lightweight vehicles.
As per the study by Market Research, the global market for nonwoven fabric is likely to see a robust growth throughout the forecast period 2017-2024. The global nonwoven fabric market is projected to reach US$ 66,876.9 Million in terms of value by the end of the forecast period 2024.
Spunlaid Technology to Witness Significant Growth in the Global Nonwoven Fabric Market
Spunlaid technology is also known as spunbond. With the help of spunlaid technology nonwoven fabric is made in continues process. Hence, this technology leads to low cost and faster belt speed. Moreover, spunbond nonwovens are being used on a large scale for producing both disposable and durable products. The spunbond nonwovens are finding main application in medical, hygiene, automobiles and packaging industry. Manufacturers are using polypropylene for producing spunbond nonwoven, owing to the high yield, i.e. fiber per kilogram. In recent years, spunbond nonwoven has witnessed rapid development due to its high process efficiency and excellent properties. The demand for nonwoven fabric made using spunlaid technology is rising in various industries.
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Increasing Demand for Hygiene Products for Baby to Drive the Global Market for Nonwoven Fabric
The nonwoven fabric is largely used for producing disposable or single-use products including a face mask, baby wipes, baby diapers, etc. With the changing lifestyle and hygiene, personal care is being given utmost importance, especially in case of newborns and children. Hence, manufacturers are using different types of nonwovens to produce various absorbent hygiene products, where it comes in direct contact with the body. Nonwoven fabric provides quick liquid absorption and also provides a dry surface. To provide safety for sensitive skin, nonwoven fabric provides comfortable and soft touch to the products. Increasing focus on providing extensive care for infants, baby hygiene products are being used widely across countries. In baby toiletries industry, baby diapers and wipes are witnessing significant demand, owing to the increasing awareness on sanitization and personal hygiene.
Moreover, Asia Pacific is witnessing increased demand for baby care products due to the rise in birthrate in countries such as India and China. Hence, major companies in baby care products are also focusing on producing a better product by using fiber that is strong and at the same time offers comfort and softness.
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