Nonwoven Fabrics Market Research Report to 2020: Grand View Research, Inc

The global nonwoven fabrics market is expected to reach USD 42.1 billion by 2020, according to a new study by Grand View Research, Inc. Growing production of baby diapers on account of increasing birth rate particularly in Asia Pacific is expected to remain a key driving factor for the global nonwoven fabrics market. Increasing construction spending in emerging economies of China, India and Brazil is also expected to have a positive influence on the market growth. Volatile prices of key raw materials are expected to remain a key challenge for market participants over the next six years.

Polypropylene nonwoven fabrics were the highest consumed product segment accounted for over 60% of total market demand in 2013. PP nonwoven fabrics are also expected to witness highest growth rate over the next six years. Increasing birth rates in emerging markets of India and China and increasing geriatric population in countries such as U.S., UK, Germany and Japan have driven the demand for baby diapers and adult incontinence products respectively. Increasing demand for baby diapers and adult incontinence products is expected to drive polypropylene nonwoven fabrics demand.

View summary of this report, click the link : http://www.grandviewresearch.com/industry-analysis/nonwoven-fabrics-market

Further key findings from the study suggest:

Global nonwoven fabrics demand was 8,687.2 kilo tons in 2013 and is expected to reach 13,652.4 kilo tons by 2020, growing at a CAGR of 6.7% from 2014 to 2020.
Spunlaid emerged as the leading technology used in the global nonwoven fabrics market and accounted for 48.5% of total market volume in 2013. Spunlaid is also expected to witness highest growth rate over the next several years. Increasing demand for spunlaid nonwoven fabrics in hygiene and medical applications is expected to drive its market over the next six years. Global demand for air laid based nonwoven fabrics is expected to exceed 1 million tons by 2020.
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