Industry Outlook and Trend analysis
The
global PP Nonwoven Fabric Market was worth USD 17.03 Billion in
the year 2014 and is foreseen to garner roughly USD 31.26
Million by 2022, while registering itself at a compound annual growth rate
(CAGR) of 6.87% during the forecast period. Due to its excellent quality in
comparison with other non-knitted fabrics nonwoven polypropylene fabric has
gained prominence in the recent years.
Polypropylene polymers
along with other fiber are prime raw materials that are utilized for the
production of textile. Rising birth rates, specifically in the Asia Pacific
region has accelerated to requirement for disposable products like baby
diapers. The extensive requirement for disposable products is anticipated to be
the major factor for driving the growth of the market. Nonwoven PP fabrics have
encountered growth in requirement long-lasting applications in automotive,
geotextile and construction mostly in countries like India and China.
Additionally, growing geriatric population specifically in United States, Japan
and Europe is said to boost the demand of adult incontinence products thereby
triggering the growth of the nonwoven PP fabrics market.
However, unstable
prices of raw materials coupled with strict rules imposed on the processing of
petrochemicals is said to be a challenge for the nonwoven textile industry. A
number of regulations have been imposed due to rising environmental issues
associated with the utilization of polypropylene. Polypropylene is a major
derivative of petrochemical that is utilized in a variety of applications in
various end-use sectors and is retrieved from crude oil. Manufacturers are
focusing on utilizing bio-basedpolypropylene which is anticipated to open various avenues for the growth of
this market.
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Product
Outlook and Trend Analysis
In 2015 the dominating
product segment was the spunbonded PP fabric and is anticipated to witness
significant growth in the following years. They are extensively utilized in the
production of feminine care, baby and adult diapers, protective apparel and
other medical products. Durable applications such as battery separators,
construction, agriculture and coating substrates can be produced by making the
use of these materials.
Competitive
Insights
The global PP nonwoven fabric market is segmented with top
player that registered for almost 60 percent of the total revenue in 2015.
Smaller companies are acquired by the major ones in order to increase their
market share and curtail competition. The major companies in this market are
Mitsui & Co, Fibertex Nonwovens SA, Fiberweb India, Avgol Industries, Toray
Industries and Kimberly Clark Hygiene Products Pvt. Ltd.
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The
global PP
nonwoven fabric market is segmented as follows-
By Product
- Meltblown
- Spunbonded
- Composite
- Staples
By Application
- Furnishings
- Industrial
- Agriculture
- Geotextiles
- Carpet
- Hygiene
- Medical
- Others
By Region
- North America
o U.S
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia Pacific
- Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o United Arab Emirates
o Others
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