The global polypropylene (PP) nonwoven fabric market is
expected to reach USD 34.98 billion by 2025, according to a new report by Grand
View Research, Inc. Rapidly increasing disposable income level in countries
such as China, India and Brazil has enhanced market penetration for baby
diapers, adult incontinence products which have had a mirror impact on PP
nonwoven fabric demand in these regions.
These fabrics are now being
aggressively adopted for durable applications such as geotextiles,
construction, automotive, home furnishing, etc. which has increased their
penetration level in such markets. However, volatile raw material supply is
expected to be a key challenge for industry participants, in terms of
maintaining profitability
Polypropylene being a
petrochemical derivative, witnesses significant fluctuation in its price owing
to the supply-demand imbalance. Over the last few years, there has been rising
concern over the depleting petroleum reserves which have led to a shortage of
chemicals, affecting their market price
In terms of production, emerging
markets of Latin America, Middle East and Africa hold maximum potential. These
regions are expected to cater to the growing demand for PP nonwoven fabrics by
2025.
Some of the major expansions
planned in these regions are projected to come from Russia which holds the
advantage of having abundant natural resources. However, Asia Pacific is also
expected to expand its capacity on account of favorable government policies in
India and China to increase the flow of FDI.
Browse full research report on Polypropylene (PP)
Nonwoven Fabric Market: http://www.grandviewresearch.com/industry-analysis/polypropylene-nonwoven-fabric-market
Further key findings from
the study suggest:
- Spunbonded fabric emerged as the largest as well as
fastest growing product segment and is expected to witness a revenue
growth at an estimated CAGR of around 9%
- Majority of spunbonded polypropylene nonwoven fabric
produced is consumed for hygiene application around the world
- Meltblown PP nonwoven fabrics is anticipated to
emerge as the second fastest growing product segment
- Major application of meltblown PP nonwoven fabrics
include sanitary applications such as hygiene and incontinence products
for babies, adults and feminine hygiene products
- Hygiene application segment observed highest market
penetration and accounted for 45.0% of the overall market volume in 2015
- PP nonwoven fabric demand in furnishings applications
is expected to grow at fastest estimated CAGR of over 10% during the
forecast period
- Asia Pacific is expected to emerge as the fastest
growing as well as the largest regional segment owing to increasing
healthcare expenditure
Read Our Blog: http://www.grandviewresearch.com/blog/pp-polypropylene-nonwoven-fabric-market-size-share
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
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.
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