San Francisco, CA -- (SBWIRE) -- 08/10/2018 -- Global PP Nonwoven Fabric Market: Overview
The global polypropylene (PP) nonwoven fabric market is anticipated to find greater acceptance in the hygienic products domain due to growing importance of the fabric and its better attributes compared to other non-knitted textiles. Even in textile manufacturing, PP fibers and polymers are used as essential raw materials. One of the key factors raising the growth of the market could be the surge in demand for disposable consumer products. Baby diapers and other disposable products are highly demanded mostly in Asia Pacific because of significant birth rates observed in the region.
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China and India are expected to mainly up the demand for PP nonwoven fabric owing to high requirement in automotive, geotextile, and construction industries. Growth in the global PP nonwoven fabric market could spur on the back of increasing demand for adult incontinence products triggered by the rise of geriatric population in Japan, the U.S., and Europe.
Global PP Nonwoven Fabric Market: Trends and Opportunities
The world PP nonwoven fabric market is foreseen to face the brunt of strict policies implemented on downstream petrochemical processing and volatility of raw material prices. Since it is a petrochemical derivative, PP has been attracting rising environmental concerns related to its production and use. The market is said to have been affected by lower prices of PP. Nevertheless, market revenue is predicted to gain momentum in the coming years.
Obtained from crude oil, PP is engaged in a number of applications across several end-use industries as a key petrochemical derivative. Furthermore, players are foretold to cash in on telling growth prospects as they turn their attention to bio-based PP. Spunbonded PP fabric is projected to show faster progress in the world PP nonwoven fabric market and also a high market penetration.
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Global PP Nonwoven Fabric Market: Market Potential
For improvements and expansion of its Hendersonville, North Carolina nonwoven manufacturing facility, US$30 million have been approved by Kimberly-Clark Corporation. U by Kotex, Poise, Depend, and other North American feminine and adult care brands of the company use nonwoven materials produced by the plant. Maintaining current employment, the two-year project is expected to increase 14 new jobs at the plant. It will concentrate on the expansion of the plant's efficiency and production capacity. The company's feminine and adult care business in the region will receive support from the Berkeley Mill team.
Global PP Nonwoven Fabric Market: Regional Outlook
In recent years, Asia Pacific has displayed its command over the international PP nonwoven fabric market by collecting a king's share. Massive demand for sanitary wipes and other hygiene products brought about in the region as a result of improving disposable income could help support market growth in Asia Pacific. However, there could be weaker growth rates observed in Western Europe and North America due to their mature market status.
In the near term, the Middle East could be an attractive region of the international PP nonwoven fabric market but with a comparatively lower penetration rate. In comparison with other regions, the Middle East could offer feedstock advantage to producers due to rising PP capacity. Moreover, industry and government incentives are forecasted to help most expansions in the region.
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Global PP Nonwoven Fabric Market: Competitive Landscape
With leading companies accounting for a larger share of the international PP nonwoven fabric market, the vendor landscape is envisaged to exhibit a fragmented nature. In order to improve market share and gain an edge over competitors, prominent players are envisioned to acquire smaller companies in the coming years. Players such as Avgol, Fibertex, and Kimberly-Clark could make their presence known in the market.
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