Title: PP Nonwoven Fabrics Market size worth over $40bn by 2024
1Polypropylene Nonwoven Fabrics Market Size, Share
and Forecast 2016-2024
PP Nonwoven Fabrics Market size worth over 40bn
by 2024
Market size USD 16.5 billion in 2015 Market size
Projected USD 40.2 billion by 2024 Gain rate
expected 8.5
2Global Market Scenario of Polypropylene PP
Nonwoven Fabrics Industry
- PP (Polypropylene) Nonwoven Fabrics Market size
is expected to reach USD 40.2 billion by 2024
according to a new research report by Global
Market Insights, Inc. - Strong indicators towards growth for infants and
adult hygiene product sales should drive PP
nonwoven fabrics market size. These materials
meet exact specification for baby diaper
manufacturing to suit for infant sensitive skin. - Spunbonded PP nonwoven fabrics market size
occupied close to 50 of the total demand in
2015. They may also witness highest gains at over
8.5 over the foreseeable period. Spunbonded
products are mainly suitable for disposable
applications and are increasingly gaining
importance in medical, protective apparel,
geotextiles, carpet backing and furniture
constructions. - China PP nonwoven fabrics market size generated
over USD 2.5 billion business in 2015 and may
expect significant gains up to 2024. Rising
per-capita disposable income along with low labor
wages particularly in China has led diaper
manufactures to establish production base in the
region.
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- Growing geriatric population base particularly in
Japan and the U.S. should drive polypropylene
nonwoven fabrics market growth. Global population
base over age of 65 years may increase from 7 in
2000 to 16 in 2050 which may accelerate the
prevalence rates of incontinence related
disorders and will expand the user-base for
incontinence care products. - These products are non-biodegradable materials
which increases the risk of chocking of sewage
pipes if flushed which causes difficulty in waste
water treatment and hence may inhibiting the
market growth. Polypropylene, a key raw material
required for product manufacturing, is depended
on crude oil index which may experience
fluctuations and affect PP nonwoven fabrics
market price trend. - Emergence of bio-based polypropylene has created
immense opportunities for the nonwoven market
globally. In April 2013, Fitesa announced the
development and commercialization of a new 100
sustainable, 100 bio-based, spunbond nonwoven
for the hygiene and personal care markets.
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5360 Analysis
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Product Analysis- Spunbonded PP nonwoven
fabrics market size accounted for a larger
portion of the volume and generated over USD 7.5
billion business in 2015. It has the most
economical and simple manufacturing process when
compared with other counterparts. Staples PP
nonwoven fabrics market share is poised to grow
at above 7 and reach over 3.8 kilo tons by
2024. Meltblown PP nonwoven fabrics market may
grow significantly up to 2024. Meltblowns have
limited strength characteristics they often are
combined with other nonwovens. Spunbonds and
other types also can be covered and refined with
meltblowns. Furniture applications in PP
nonwoven market may witness significant gains.
They are used for manufacturing furniture
bedding construction sheeting, insulators, arms
and back, dust covers, blankets, spring wraps
acoustical wall coverings, spring wraps and table
decoration.
6Regional Analysis U.S. hygiene applications
generated over USD 1.25 billion business in 2015.
Demand in North America is may surpass its
regional supply capacity over the foreseeable
period. Utilization rates in North America are
generally over 90 to meet the demand. China
meltblown products may see significant gains at
over 8.5. Meltblown technology allows the
production of ultrafine filament products under
very economical conditions and can be combined
with other product types. Japan may witness over
8 growth. Increasing ageing population base in
the region should drive regional demand for adult
incontinence products. Germany composite
polypropylene nonwoven fabrics market may witness
over 6.5 gains. Industry participants operating
in European region are focusing on up gradation
of obsolete technologies in order to meet new
mandates.
Latest Research Report On PP Nonwoven Fabrics
Market_at_ https//www.gminsights.com/industry-analys
is/polypropylene-pp-nonwoven-fabrics-market
7Competitive Analysis Global PP nonwoven market
share is fragmented with amongst top four
industry participants contributing to over 40 of
the total volume. The industry may witness
consolidation with companies involved in mergers
acquisitions to minimize competition. Major
industry participants include Kimberly-Clark,
Polymer Group and AVGOL. Other major companies
include Mitsui, First Quality, PEGAS, Toray,
SABIC and Fibertex. Inquire More
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8 Latest Research Report On PP Nonwoven Fabrics
Market_at_ https//www.gminsights.com/industry-analys
is/polypropylene-pp-nonwoven-fabrics-market
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