The global nonwovens market is expected to show a value differential of $ 17.72 billion and a volume differential of 8.34 million tonne in future. The market recently reached a value of $ 32.76 billion. As per a China Textiles report, this growth could be attributed to increased demand for nonwovens products and solutions for hygiene, medical, construction and filtration applications. The main growth drivers included the growth of the modern healthcare industry in emerging markets, rising birth rates and the growing elderly population in western countries.

Asia-Pacific region dominates the market in terms of value and volume, and while consumption in China is high, the country’s per capita consumption is much lower than in developed regions. The growing demand for baby diapers is driving the demand for spunbonded acrylic nonwovens in the region. Latin America and the Middle East and Africa contributed the lowest to the global market, at less than 15 percent.

The nonwovens market is fragmented, with the top three players - BerryGlobalInc., FreudenbergGroup, Ahlstrom-Munksjo - accounting for about 15 percent of the market in 2019.

Leading manufacturers have established strategic partnerships to expand their share in the market. Other major players include kimberly-clark, DuPontdeNemours, Fitesa, GlatfelterCorporation, Lydall, TorayIndustries, JohnsManville, SuominenCorporation, TWEGroup, Low&Bonar, Kingsafe, Avgol, etc.

By Fashionating World
https://www.fashionatingworld.com/new1-2/global-nonwovens-market-to-show-a-value-differential-of-17-72-in-future