A recently published report titled “Global Nonwoven Fabrics Market” is an extensive study by Reports and Data of the Nonwoven Fabrics industry and includes a study of several factors that impact the growth of the market. The factors taken into consideration in this report are government policies, market landscape, technologies, market risks, opportunities, and challenges faced by the market. The report further analyzes historical data, current and future market trends, recent technological developments, key competitors, and regional bifurcation.
The currently ongoing COVID-19 pandemic has affected several countries and sectors and the subsequent social restrictions and lockdowns have resulted in the economic slowdown. The report analyzes the impact of the pandemic on the overall market and offers an estimation of the current and future impact of the pandemic on the Nonwoven Fabrics market.
The global nonwoven fabrics market is expected to be valued at USD 61.38 billion by end of 2028 from a value of USD 40 billion in 2020, expanding at a CAGR of 5.5% over the forecast period. This growth of the market is attributable to Growing demand from these industries coupled with increasing awareness about benefits of its adoption. Increasing its demand from end use industries owing to excellent properties is estimated to drive growth of the market over the foreseeable future.
Key players operating in the market:
Berry Global Inc., Ahlstrom-Munksjo, DuPont, Glatfelter Company, Fitesa, Lydall Inc., TWE Group, and PFNonwovens.
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Major factors driving revenue growth of the global materials & chemicals industry are rise in global population, tremendous increase in demand for essential consumer products such as food & beverages, cosmetics, and personal care & hygiene products, and extensive use of chemicals and raw materials in industries including buildings & construction, automotive, agriculture, textiles, packaging, electronics, and several other industries. Other major factors bolstering market revenue growth are increasing focus of manufacturers on using eco-friendly and sustainable materials & chemicals for reduced environmental impact, introduction of organic and highly sustainable chemicals, and increasing demand for high-performance agrochemicals and specialty chemicals.
Global Nonwoven Fabrics Market: Regional Segmentation
North America
US
Canada
Mexico
Europe
Russia
UK
Germany
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa
Saudi Arabia
UAE
Israel
Rest of Middle East & Africa
By Polymer type Outlook (Revenue, USD Billion; 2018-2028)
PP
PE
PET
Wood pulp
Rayon
Others
By Application Outlook (Revenue, USD Billion; 2018-2028)
Hygiene
Medical
Filtration
Automotive
Consumer products
Building & Construction
Others
To know more about the report, visit @ https://www.reportsanddata.com/report-detail/nonwoven-fabrics-market
Full Coverage of the Global Nonwoven Fabrics Market Report:
The report offers in-depth study of the global Nonwoven Fabrics market dynamics and offers crucial information on the leading product portfolios, application areas, distribution channels, and technological breakthroughs.
The report offers qualitative and quantitative studies of the global Nonwoven Fabrics industry.
The report is inclusive of a detailed overview of the key regional markets of the global Nonwoven Fabrics industry.
The report profiles the leading companies in the industry and highlights their financial positions, product offerings, recent developments, and business expansion plans and initiatives.
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