Inkwood Research evaluates that the Global PP Nonwoven Fabrics Market is predicted to project a CAGR of 7.43% in terms of revenue and 7.54% in terms of volume during the forecast period, 2019-2028.
“Browse 77 Market Data Tables and 46 Figures
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Fabrics Market Forecast 2019-2028.”
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Polypropylene is the primary raw material
used in the manufacture of nonwoven fabrics across the globe. Polypropylene
nonwoven fabric has gained prominence over other nonwoven fabrics, due to its
superior quality, especially with regard to the production of hygiene products.
Rising
Demand for Durable Applications fuels Market Growth
PP nonwoven fabrics find use in disposable
applications in the hygiene market. The rising industrialization in Latin
American and Asian countries has led to these being used in durable
applications. These include home furnishing, geotextiles, agriculture, and
automotive, along with waste containment applications. There is increasing
awareness about the benefits of geotextiles, due to the initiatives by
regulatory bodies and promotional policies. In the agriculture domain, they are
preferred for nursery overwintering and manufacturing containers, seed
blankets, crop covers, weed control fabrics, etc. They are also utilized in the
manufacture of floor covers, dash insulators, air filters, and side liners in
the automotive industry. Its excellent resistance to degradation in a rough
environment makes polypropylene an ideal and durable polymer utilized for
several applications.
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Spunbounded
to gain Prominence as a Product by 2028
The economic benefits and ease of
production make the spunbounded PP nonwoven fabric the most consumed type. They
weigh less, and have better durability in comparison to others. The spunbond
process entails the use of fibers. They are sold on a large scale at the global
level and find major applications in baby diapers, adult incontinence care
products, and feminine disposable products. It is the primary raw materials for
sanitary napkins, hospital accessories, baby and incontinence diapers,
disposable underwear, shoe covers, etc. The rising demand for spunbonded in the
hygiene sector is set to fuel its demand in the global market.
Asia
Pacific at Forefront in Terms of Revenue and Volume
The Asia Pacific is set to be the prominent
region, in terms of CAGR and revenue share, with regard to revenue and volume,
by the end of the forecast period. The market prospects are attributed to
several factors. Japanese manufactures are investing in countries like Thailand
in a bid for more affordable offshore production sites to cater to Southeast Asia
and China markets.
The global market is dominated by top
multinational companies with a strong customer base. The key factors aiding
their sustenance in the market are product differentiation and economies of
scale. The market is also estimated to be volatile, given the supply-demand
imbalance. However, with raw material capacity additions, the situation is
projected to get better. Some of the top players in the market include, Berry
Global Inc, PF Nonwovens Czech S.R.O, Kimberly Clark Corporation, First Quality
Enterprise Inc, Avgol Nonwoven Industries, etc.
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