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PP Nonwoven Fabric Market Is Estimated To Reach $34.98 Billion By 2025: Grand View Research Inc.

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PP Nonwoven Fabric Market Is Estimated To Reach $34.98 Billion By 2025: Grand View Research Inc.

December 04
10:30 2018

Grand View Research, Inc. – Market Research And Consulting.
The global polypropylene (PP) nonwoven fabric market is expected to reach USD 34.98 billion by 2025, according to a report by Grand View Research, Inc. Polypropylene being a petrochemical derivative, witnesses significant fluctuation in its price owing to the supply-demand imbalance.

According to a report by Grand View Research, Inc., global propylene (PP) nonwoven fabric market is anticipated to value USD 34.98 billion by 2025. Growing requirement for superior quality hygiene products is anticipated to propel demand for polypropylene nonwoven fabric over the forecast period (2014 to 2025).

Growing demand for disposable consumer products like baby diapers can influence growth of market. Increasing use in geotextile, construction, and automotive sector can impel market growth. Increasing number of geriatric population liable to problems related to adult incontinence can propel demand for polypropylene nonwoven fabric based products. This, in turn, can spur market expansion in the forthcoming years.

However, fluctuating raw material prices coupled with strict regulations pertaining to downstream petrochemical processing can hamper market growth during the forecast period. In addition, increasing environmental concerns towards manufacturing and usage of polypropylene as petrochemical derivative can also hinder growth of market. Polypropylene is expected to be derived from crude oil. Hence, it is popular among end-use industries as petrochemical derivative. Imbalanced supply and demand is likely to fluctuate price of polypropylene in the market. In addition, continuous depletion of petroleum reserves during past few years is expected to affect market price of polypropylene. To resolve this problem, manufacturing companies are expected to focus on development of bio-based polypropylene. This factor can create lucrative opportunities for new market entrants.        

The polypropylene nonwoven fabric market can be segregated on the basis of product, application, and region. Based on product, the market can be categorized into staples, spunbonded, meltdown, and composite. In 2015, spunbonded polypropylene fabric segment accounted for highest market share. The segment is predicted to grow fast with CAGR of 9% from 2016 to 2025. 

Access Full Research Report On PP (Polypropylene) Nonwoven Fabric Market Analysis: www.grandviewresearch.com/industry-analysis/polypropylene-nonwoven-fabric-market

U.S. PP nonwoven fabric market revenue by product, 2014-2025 (USD Million)

U.S. PP nonwoven fabric market revenue by product, 2014-2025 (USD Million)

Based on application, the market can be classified into medical, furnishings, hygiene, carpet, industrial, geotextiles, agriculture, and other. In 2015, hygiene segment dominated the market and accounted for 45% of overall market share. However, furnishings segment is likely to grow fast during the forecast period attributed to rising demand for superior quality cushions.

Regional segmentation includes Europe, North America, Asia Pacific, Central and South America, and Middle East & Africa. In 2015, Asia Pacific region dominated the market and accounted for 40% market share. Increasing disposable income among consumers in countries like India and China can propel consumption of various hygiene products such as baby diapers and sanitary wipes. Rising consumption of baby diapers in the region attributed to high birth rate can spur market growth. Growth of foreign direct investment (FDI) in countries like China and India owing to supportive government policies can fuel market expansion in the region. In addition, increasing use in automotive, construction, geotextile sectors in China and India for various applications can stimulate market growth. Moreover, growing geriatric population demanding adult diapers can spur growth of market.  

In North America, the market is expected to be mature and likely to account for slow growth rate over the forecast period. In addition, increasing consumption of diapers among aging adults can foster regional growth in the forthcoming years.

Similarly, Europe is predicted to witness market growth at low rates during the forecast period. Rising number of aging population dependent on diapers attributed to problem with bladder control can stimulate market growth during the forecast period.

Browse More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/plastics-polymers-and-resins

PP Nonwoven Fabric Market Volume Share, By Application, 2015

PP Nonwoven Fabric Market Volume Share, By Application, 2015

On the contrary, Middle East region is anticipated to be most attractive market for polypropylene nonwoven fabric over the forecast period. Growing capacity for polypropylene in the region is likely to offer advantage to local producers over producers in other areas. Supportive initiatives from local governments to promote downstream channel and enhance capacity for polypropylene can augment regional market growth.

In Latin America, the market is projected to hold huge potential in terms of production. Hence, the region is expected to witness significant demand for nonwoven PP fabric over the forecast period.

Some of the leading companies operating in the market for polypropylene nonwoven fabric are Fiberweb, Kimberly-Clark, Mitsui, AVGOL, and Fibertex. Most companies are expected to adopt business strategies like acquisitions and mergers with small companies to reduce competition and increase market presence.

Grand View Research has segmented the PP (Polypropylene) Nonwoven Fabric market on the basis of product, application and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • Spunbonded

  • Staples

  • Meltblown

  • Composite

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • Hygiene

  • Industrial

  • Medical

  • Geotextiles

  • Furnishings

  • Carpet

  • Agriculture

  • Other

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

  • Europe

    • Germany

    • UK

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • Korea

    • Oceania

    • South East Asia

  • Middle East and Africa

    • Saudi Arabia

  • Central & South America

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

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Website: www.grandviewresearch.com/industry-analysis/polypropylene-nonwoven-fabric-market

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