[FURL=https://www.industryarc.com/Report/19540/nonwovens-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Nonwovens Market[/FURL] Nonwovens market size is forecast to reach US$55.1 billion by 2026, after growing at a CAGR of 3.8% during 2021-2026. The development of the nonwoven market is endorsed to the rise in demand for nonwoven products and solutions for hygiene, medical, construction, and filtration applications. On the other hand, the nonwoven market is gaining high traction in certain areas like polylactic acid biodegradable fiber for its antibacterial and skin friendly nature use in medical industry, nonwoven floor covers for its flame retardancy and Liquid repellency, polyethylene nonwoven is a popular choice for outdoor furniture fabric and geotextiles applications. Nonwoven fabrics are sheet or web structures that are mechanically, thermally, or chemically bound together by entangling fiber or filaments (and by perforating films).Key Takeaways
Asia-Pacific dominates the nonwovens market. Increased demand for medical and adult incontinence products in the region has stemmed from the region's aging population and increased prevalence of chronic diseases, which is expected to boost the market growth.
Nonwovens are extensively used in medical and healthcare applications to provide decent protection against biological agents. They are gradually replacing traditional materials in the healthcare sector, which is also positively affecting the market growth.
However, frequent price fluctuation of raw materials such as polyester and polypropylene may hamper the growth of the nonwoven market.
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Nonwovens Market Segment Analysis – By Geography
Asia-Pacific held the largest share in the nonwovens market in 2020 up to 35% by revenue. Major growing industries in Asia-Pacific include manufacturing, food and agriculture, medical and pharmaceuticals, mining, power, and Energy. With the growth of these industries, the market for nonwovens is expected to grow further in the region. The medical textiles include a vast range of applications, viz. adhesive tape, bandages, blankets, diapers, dressings, eye pads, gauzes, protective clothing, sutures, surgical covers, surgical clothing’s, sanitary products, hospital gowns, face masks, and others. According to the Australian Institute of Health and Welfare, in the 2017–18 financial year, Australia spent an estimated $185.4 billion on health.
Nonwovens Market Drivers
Growing Demand of Spundbonded Polyester Nonwoven Across Different Applications
Growing Geotextiles Demand for New Applications
Nonwovens Market Landscape
Major players in the nonwovens market are Freundenberg Group, Johns Manville, Shandong Taipeng Environmental Protection Material Co. Ltd., Avintiv Inc., Kavlon Filter Products Co., Unitika Ltd., Kolon Industries Ltd., Toyobo Co. Ltd., Toray Industries Inc., and Ahlstrom-Munksjo Oyj.
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