Lucintel Forecasts Global Wet Laid Nonwoven Market to Reach $3.4 billion by 2030.


Posted October 2, 2023 by Lucintel

According to a market report by Lucintel, the future of the global wet laid nonwoven market looks promising with opportunities in the building material, automotive interior, public utility, home textile, and hygiene product markets

 
According to a market report by Lucintel, the future of the global wet laid nonwoven market looks promising with opportunities in the building material, automotive interior, public utility, home textile, and hygiene product markets. The global wet laid nonwoven market is expected to reach an estimated $3.4 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising demand from the hygiene and medical sectors, increasing utilization of wet-laid nonwovens for filtration and separation purposes, and innovative enhancements in the manufacturing process of wet-laid nonwovens.

A more than 150 – page report is developed to understand trends, opportunity and forecast in wet laid nonwoven market to 2030 by type (natural fibers and synthetic fibers), application (building materials, automotive interior, public utility, home textiles, hygiene products, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, natural fiber and synthetic fiber are the major segments of wet laid nonwoven market by type. Lucintel forecasts that synthetic fiber will remain the higher growing segment over the forecast period because over 80% of the fundamental fibers used in nonwoven textiles are synthetic, as well as it offers a range of advantages, including accessibility, affordability, robust durability, resistance to wear, and ease of cleaning.

Within this market, hygiene products will remain the largest segment over the forecast period due to their exceptional absorption properties, softness, smooth texture, strength, comfort, fit, stretchability, and cost-effectiveness, nonwoven materials serve as a viable substitute for conventional textiles in the production of hygiene products.

APAC will remain the largest region over the forecast period due to swift pace of industrial growth and urban expansion, along with an increasing requirement for nonwoven materials in the construction sector within the region.

Hangzhou Nbond Nonwoven, Xinhua Group, Freudenberg, Dalian Ruiguang Nonwoven, Wuhu Rynd Nonwovens, Hollingsworth & Vose, Andritz, Lydall, Berry Global, and Ahlstrom-Munksio are the major suppliers in the wet laid nonwoven market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags wet laid nonwoven market
Last Updated October 2, 2023