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Global polypropylene nonwoven market continues to dominate Asia Pacific

  • Author:Junqian Nonwoven
  • Source:Industry Information
  • Release on:2018-06-13
According to reports, by 2020, the global polypropylene (PP) non-woven fabrics(spun-bonding non woven factory) market will reach 30.61 billion US dollars, of which the growing demand for baby diapers, adult incontinence and female disposable products will promote the global PP nonwoven market in the next 6 years The key factor. In addition, PP non-woven fabrics have penetrated into the durable goods application market, mainly in Asia Pacific and Middle East countries, and will also have a positive impact on the increase in demand in the coming years. However, the impact of crude oil price fluctuations on the price of polypropylene will be a major challenge for the future development of the industry. In addition, increasingly stringent environmental regulations in Europe and the United States will also curb market growth in these regions.

According to relevant data, in 2013, the global non-woven polypropylene nonwoven(spun-bonding non woven manufacturer) market volume was 5,536,600 tons, which is expected to reach 9,978,200 tons in 2020, and will continue to grow at a compound annual growth rate of 7.8% during the period. In the non-woven market in 2013, the spunbonded PP nonwovens accounted for the largest market share, accounting for 47.4% of the total market. It is expected that this area will also be the fastest growing market in the next six years, with a compound annual growth rate of 8.3. %. Non-woven staple PP nonwovens are expected to have a compound annual growth rate of 6.9% from 2014 to 2020. In the PP non-woven market in 2013, the demand for hygiene products maintained its leading position and accounted for 50.7% of the total market consumption. However, with the market penetration of consumer durables applications, it is expected that the market share of hygiene products will decrease in the next 6 years. . The compound annual growth rate of global demand for PP nonwovens for hygiene products is expected to be 8.8% in the coming years.

The latest statistics show that the Asia-Pacific region continues to dominate the PP nonwoven market(spun-bonding non woven on sales), accounting for 40.6% of the total market, and it is expected to continue to grow at a compound annual growth rate of 8.5% by 2020. The Middle East will become the world's fastest growing non-woven PP regional market in the next six years and is expected to maintain a compound annual growth rate of 10.3%.