Nonwoven Materials Market, By Material Type (Sodium Polyacrylate Polyester, Nylon, Polypropylene, Polyethylene Terephthalate, and Others (Wood Pulp, Bi-component)), By Technology (Drylaid, Spunlaid, Wetlaid, and Others), By Application (Personal Care & Hygiene, Medical , Household, Filtration, Textile, Automotive, Building and Construction, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 50.61 Bn in 2024 and is expected to exhibit a compound annual growth rate (CAGR) of 6.5% during the forecast period (2024-2031), as highlighted in a new report published by Coherent Market Insights.
Increasing demand from end-use industries for nonwoven material is expected to drive the global nonwoven materials market growth over the forecast period. Nonwoven materials offer various advantages such as flame resistance, heat sealability, lightweight, lint-free, moldable, breathable and soft to touch, tear resistance, and water repellence. According to an article titled ‘Nonwoven materials and joining techniques,’ published by Woodhead Publishing Limited, nonwoven materials offer good tensile strength, elongation, stiffness, permeability, vapor and liquid absorption, and chemical resistivity. These features of nonwoven materials are expected to boost demand for nonwoven materials globally. The production of nonwoven materials requires low manufacturing costs and can generate huge profits for manufacturers of nonwoven materials. Increasing demand for improved manufacturing processes is expected to grow over the forecast period, owing to benefits associated with their use. However, low strength and durability of nonwoven materials compared to woven fabrics is likely to restrain the growth of the nonwoven materials market over the forecast period.
Global Nonwoven Materials Market – Impact of Coronavirus (COVID-19) Pandemic
Global nonwoven materials market has been significantly impacted by the COVID-19 pandemic. The demand for nonwoven fabrics has increased at an exponential rate due to the pandemic, particularly in the healthcare industry, for products such as face masks and disinfecting wipes. Companies have been ramping up production to meet growing demand for nonwoven materials, especially for the production of face masks and other protective garments. The pandemic has led to surge in the use of nonwoven materials, particularly in the healthcare sector, and this trend is expected to continue in the coming years. The supply chain for nonwoven materials has been significantly affected by the COVID-19 pandemic. The pandemic has challenged the availability of nonwoven materials used in end-uses related to healthcare, hygiene, and personal protective equipment. While the demand for nonwoven materials, especially for products like face masks and disinfecting wipes, has surged, the supply chain disruptions have been observed at each stage including raw material supply, equipment manufacturing, nonwoven material production, and distribution. The increase in demand for nonwoven fabrics, particularly in the healthcare sector, has led to the expansion of production capacity and investments in the global nonwoven materials market. The pandemic has led to significant increase in demand for nonwoven face masks and other protective equipment, further impacting the supply chain for nonwoven materials. Despite these disruptions, most nonwoven producers have been able to rapidly increase production to meet the heightened demand, while converters may face challenges in adapting to the changing product requirements.
Global Nonwoven Materials Market: Key Developments
- In September 2022, Berry Global and Mars Incorporated announced the launch of recycled content packaging
- In May 2020, Johns Manville started the production of nonwoven fabric for medical gowns. Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A, BRK.B), is a leading manufacturer and marketer of premium-quality building and specialty products.
Browse 24 Market Data Tables and 28 Figures spread through 150 Pages and in-depth TOC on “Global Nonwoven Materials Market”- Forecast to 2031, Global Nonwoven Materials Market, By Material Type (Sodium Polyacrylate Polyester, Nylon, Polypropylene, Polyethylene Terephthalate, and Others (Wood Pulp, Bi-component)), By Technology (Drylaid, Spunlaid, Wetlaid, and Others), By Application (Personal Care & Hygiene, Medical, Household, Filtration, Textile, Automotive, Building and Construction, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa).
Link: https://www.coherentmarketinsights.com/market-insight/nonwoven-materials-market-307
Key Takeaways of the Global Nonwoven Materials Market:
- Among technology, the drylaid segment accounted for 38.8% of the revenue share in the global nonwoven materials market in 2023, whereas, spunlaid technology is expected to exhibit a CAGR of 6.5% over the forecast period. Growing automotive industry can drive the growth of the spunlaid According to the India Brand Equity Foundation (IBEF), in January 2019, the automotive industry in India is expected to increase from US$ 50.61 Bn to US$ 83.76 Bn by 2031.
- Spunlaid technology incorporates both fabric and fiber production, resulting in low production costs. Nonwoven material products produced from spunlaid technology are mainly used in geotextiles, disposable medical/hygiene products, carpet backing, automotive products, and packaging products.
- Among region, Asia Pacific accounted for the largest revenue share in the global nonwoven materials market in 2023, and is expected to maintain its dominance over the forecast period. Moreover, Europe was the second largest revenue share in the global nonwoven materials market owing to the growing personal care & hygiene industry. For instance, according to European Disposables and Nonwovens Association (EDANA), in 2016, the Europe personal care & hygiene industry constituted for 30.9% market share of the nonwoven roll goods, followed by wipes for personal care with 12.4% of the market share.
- The major players operating in the global nonwoven materials market include Berry Global Group, Toray Industries, Inc., Johns Manville, Freudenberg SE, DuPont de Nemours, Inc., Ahlstrom-Munksjo Oyj, Kimberly-Clark Corporation, P. H. Glatfelter Company, and Suominen Corporation
