April 22, 2021
According to the recent research report titled ‘GLOBAL Pp Nonwoven Market 2020-2028’, available with Market Study Report, global PP nonwoven market is anticipated to exhibit a CAGR of 7.05% over 2020-2028.
Experts analysts cite that growing elderly population along with surging demand for durable applications and baby diapers are the key factors driving global PP nonwoven market growth. Moreover, low labor expenses in developing countries and rising demand for polypropylene-based composites is also adding to the industry prospects.
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For the uninitiated, PP nonwoven material is utilized in the production of diapers and other sanitary products.
Elaborating on the restraints, strict environmental norms and fluctuating raw material prices are expected to impede worldwide PP nonwoven industry expansion. In addition, easily accessibility to alternatives and high initial investment requisites are likely to hinder the market growth over the forthcoming years.
With respect to product type, the market is categorized into composites, melt blown, staples, and spunbonded. Based on application spectrum, the industry is segmented into agriculture, carpet, furniture, geotextiles, medical, industrial, hygiene, and others.
Considering the regional landscape, key contributors to global PP nonwoven market remuneration are North America (United States, Canada), Europe (Germany, United Kingdom, France, Spain, Russia, Italy), Asia Pacific (India, China, Japan, South Korea, ASEAN Countries, Australia & New Zealand), Latin America (Brazil, Mexico), and Middle East & Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa).
Asia Pacific PP nonwoven industry is poised to amass notable gains through 2028, attributable to surging demand for diapers in economies like China. Furthermore, rising disposable income is enabling customers in the region to afford these products .
Leading companies defining the competitive landscape of global PP nonwoven market sphere are Low & Bonar plc, Polymer Group Ltd., Freudenberg SE, Fitesa S.A., Ahlstrom-Munksjö Oyj, Johns Manville, Asahi Kasei Corporation., Toray Industries, Inc., Mitsui Chemicals, Inc., Fibertex Nonwovens A/S, PF Nonwovens Holding s.r.o., First Quality Enterprises, Inc., Avgol Industries Ltd., Berry Global, Inc., and Kimberly-Clark Corporation.