Market Research Future Published a Research Study on “Non-woven Fabric Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023
Industry/ Innovation/ Related News:
January 3, 2019 - A global manufacturer of high-performance non-woven fabric solutions, Avgol, will exhibit their Forward Innovative Thinking (FIT) family of nonwoven technologies at the IDEA 2019.
July 2017- Fiberweb India Limited announced the completion of first phase of expansion program of melt blown line. The company predicted to start operation in August 2017. This strategic decision is estimated to strengthen the position of company in Asia Pacific non-woven fabric market players.
August 2016- Norafin Americas, a part of Germany based Norafin Group planned to locate their first U.S. plant in North Carolina. This project cost around USD 16 Million. This expansion will help company to support their existing customer base in North America and also provide a domestic platform to enable continued future growth.
June 2016- Toray Industries Inc. announced to increase the manufacturing capacity of their high-performance polypropylene spunbond nonwoven fabric at its Seoul, South Korea based plant. Toray Advanced Materials Korea Inc. construct a plant with a production capacity of 18,000 tonnes per year and this plant is predicted to start operation in April 2018. With this expansion the company will able to meet the growing demand for non-woven fabric market.
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April 2016- Mitsui Chemicals Inc. constructed a new high-performance nonwoven plant at their Nagoya unit. The construction of this plant started in April 2016 and completed in November 2017. The plant is expected to start operation in March 2018. The plant has an annual capacity of 15,000 tons and aims to meet the growing need of premium diapers. With this capacity expansion, the company solidify its position in the high-performance nonwoven market.
March 2016- Fitesa, a leading manufacturer of nonwoven fabrics announced to spend around USD 52 million at its existing operations in Simpsonville. The expansion expected to be completed by fourth quarter of 2017. With this expansion the company will able to meet the increasing demand for non-woven fabrics.
Non-Woven Fabric Market Key Players:
E.I. du Pont De Nemours and Company, Kimberly-Clarke Corporation, Polymer Group Incorporation, Chevron Corporation, Avintiv Inc., Ahlstrom Corporation, Freudenberg & Co. KG, Avgol Ltd and Pegas Nonwovens S.R.O. among others are some of the prominent players at the forefront of competition in the Global Non-Woven Fabric Market and are profiled in MRFR Analysis.
Non-Woven Fabric Market Regional Insights:
Geographically, the non-woven fabrics market span across regions namely, Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Among all the regions, the Asia Pacific region is considered to be the fastest and largest growing market and occupies 40% of the market share. Economies such as South Korea, India, and China are the some of the major contributors to the growth of the market. The growth has been attributed to the burgeoning demand for the product in several end-use industries such as personal care and cosmetics, healthcare, building and construction, and automotive.
North America is anticipated to occupy the second-largest share in the coming years. U.S. is considered to be the leading region owing to the presence of an already established reconstruction of infrastructure and transportation industry in the country.
Europe is considered to exhibit a substantial growth rate, with the UK, Germany, Italy, and France being the major contributors in this region. The European automotive manufacturing industry is the largest in this region and triggers the demand for non-woven fabrics in this region.
Non-Woven Fabric Market Table Of Contents to be Continue…...,
Browse key industry insights spread across 132 pages with 58 market data tables & 15 figures & charts from the report, “Non-Woven Fabrics Market Global Information: by Material (PP, PE, PET, Bio-Composites), Technology (Dry-Laid, Spunmelt), Function (Disposable, Non-Disposable), Application (Personal Care & Hygiene, Construction, Automotive) and Region - Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023” in detail along with the table of contents @ https://www.marketresearchfuture.com/reports/non-woven-fabric-market-1762
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