LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the global polypropylene nonwoven fabric market provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
According to Technavio analysts, the global polypropylene nonwoven fabric market will grow at a CAGR of close to 8% during the forecast period. The increased consumption of hygiene products is a major factor driving the market’s growth.
Hygiene is a major end-user application for majority of polypropylene nonwoven fabric produced. This application segment includes products for babies, adults, and feminine hygiene. The demand for such products has increased in the past few years and is expected to grow further during the forecast period.
Inquire about this report: View market snapshot before purchasing
Register for a My Technavio account and get 10% off your first purchase! View all Technavio’s current offers
The two emerging market trends driving the global polypropylene nonwoven fabric market according to Technavio research analysts are:
- Increasing demand for baby hygiene products
- Emergence of bio-based polypropylene
Emergence of bio-based polypropylene
Bio-based polypropylene has entered the market recently. However, it has market potential. There has been a prompt demand for a replacement for synthetic polypropylene as the environmental concerns associated with the production and use of fossil fuel-derived polypropylene is increasing. This has given an opportunity for the development of bio-based polypropylene. A major factor that has propelled the demand for bio-based polypropylene is synthetic polypropylene which is mainly dependent on petrochemical prices. In the initial years, bio-based polypropylene was derived from sugarcane.
“For manufacturing bio-based polypropylene, which has a huge market demand, many big players are investing a lot in R&D. Since it is not health hazardous, unlike polypropylene, the emergence of bio-based polypropylene may challenge the market. However, the market size of polypropylene nonwoven fabric is likely to grow during the forecast period,” says a senior analyst at Technavio for research on specialty chemicals.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Global polypropylene nonwoven fabric market segmentation
This market research report segments the global polypropylene nonwoven fabric market into the following four major products (spunbonded fabric, staples fabric, melt blown fabric, and composite fabric), four major applications (hygiene, medical, geotextile, and furnishing) and three major regions (the Americas, APAC, and EMEA).
Of the four applications, the hygiene segment dominated the global polypropylene nonwoven fabric market in 2017, accounting for a market share of 38%. By 2022, the market share for this application is expected to increase to nearly 39%.
Personalize this report according to your needs: Request a customization
Technavio’s analysts and industry experts will work directly with you to understand your requirements. We offer USD 1,000 worth of FREE customization at the time of purchase.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at email@example.com.