According to report published by Grand View Research, “Polypropylene (PP) Nonwoven Fabric Market Size, Share & Trends Analysis Report By Application (Hygiene, Medical, Furnishings, Geotextiles), By Product (Meltblown, Staple, Spunbonded), And Segment Forecasts, 2019 – 2025”,
Rising penetration of the product in geotextiles on account of its properties such as tear and puncture resistance and temperature fluctuation tolerance is expected to boost product demand over the forecast period.
Increasing consumption of absorbent hygiene products to offer quality of life by improving skin health, hygiene, discretion, reliability, and convenience, along with increased mobility and flexibility, is expected to drive demand for PP nonwoven fabrics in personal care and hygiene products manufacturing applications.
Rapid growth in birth rate, coupled with rising awareness pertaining to the benefits of baby diapers, is expected to boost market growth. In addition, product attributes such as resistance to numerous chemical solvents, acids, and bases contribute positively to product demand in various application industries.
Players in the industry are involved in increasing sales through new product development and enhancing production capacity to obtain a competitive edge. However, the market is moving towards consolidation owing to rising number of mergers and acquisitions and increasing overall production capacity to cater to growing demand in Asian countries.
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Further key findings from the report suggest:
The staples segment is likely to expand at a CAGR of 5.8% in terms of revenue from 2019 to 2025 on account of its increasing penetration in medical application such as gloves, medical packaging, surgical gowns, masks, drapes, and covers
The automotive segment is expected to register a CAGR of 6.4% from 2019 to 2025 owing to rising consumer demand for superior car aesthetics, wherein the product is used to manufacture decorative fabrics, bodywork parts, and loudspeaker covers
Asia Pacific is anticipated to reach USD 14.29 billion by 2025 on account of increasing child and infant population, coupled with increased awareness for usage of baby diapers in the region, especially in China and India
Product demand in U.S. accounted for USD 3.15 billion in 2018 on account of its rising penetration in medical applications, coupled with presence of numerous multinational baby diaper and baby care product manufacturing companies
Major players in the market are focusing on investments in installation of new facilities in emerging economies of Asia, especially China, owing to low raw material cost and inexpensive labor, which is likely to benefit companies in increasing profit margins.
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Grand View Research has segmented the global polypropylene (PP) nonwoven fabric market on the basis of product, application, and region:
PP Nonwoven Fabric Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
PP Nonwoven Fabric Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
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Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 26 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 426 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 600 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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