News & Insights | Technical Textiles & Non-Wovens

2.8% CAGR to take Global Nonwoven Composites Market to USD 11100 Million by 2028

Published: April 16, 2022
Author: DIGITAL MEDIA EXECUTIVE

This report studies the Nonwoven Composites market, Nonwoven Composites refers to the products produced by a combination of one or more nonwoven fabric/technology with other materials/technology to make a better performing whole with the properties of the parts. The composites can be produced from the combination of any of the webs of spunbond, meltblown, wet-laid, dry-laid and other webs produced from nonwoven manufacturing processes.

The term composites originally arose when two or more materials where combined or bonded together to form a heterogeneous mixture in order to rectify some shortcoming of a particularly useful component.

The global Nonwoven Composites market is led by China, capturing about 36% of global Nonwoven Composites production. North America is the second-largest region-wise market with 23% of production share.

At present, the major manufacturers of Nonwoven Composites are AVINTIV, Freudenberg, Kimberly-Clark, Ahlstrom-Munksjo, DuPont, Johns Manville, Fitesa and Glatfelter, etc. AVINTIV is the world leader, holding 10% production market share.

In application, Nonwoven Composites downstream is wide and recently Nonwoven Composites has acquired increasing significance in various fields of Hygiene, Construction, Geotextile, Filtration, Automotive and others. Globally, the Nonwoven Composites market is mainly driven by growing demand for Hygiene which accounts for nearly 59% of total downstream consumption of Nonwoven Composites.

The global Nonwoven Composites market was valued at US$ 9069.4 million in 2020 and it is expected to reach US$ 11100 million by the end of 2027, growing at a CAGR of 2.8% during 2021-2027.

Related Posts

Bajaj Finance partners with new partner ICICI Lombard General Insurance to offer motor insurance policies

The Rise of Alpha Male Content And How It Hurts The Mental Health Of Men And Boys