Global PP non-woven fabric market value will exceed 30 billion

According to a report released by the renowned market research institute Grand View Research Inc., during the period from 2014 to 2020, the global PP non-woven fabric market demand will grow at a rate of 7.8%. Its market value is expected to exceed 30 billion U.S. dollars in 2020 to 30.61 billion U.S. dollars.

The report pointed out that non-woven fabrics are made of thermoplastic plastics under the joint action of adhesives, high-temperature and high-pressure and other external forces, and are highly absorbent, ductile, flexible, and flame-retardant. In terms of raw material categories, PP has become the raw material of choice for the global non-textile market in recent years.

In the next six years, products such as baby diapers, adult diapers and feminine hygiene products will continue to be the main drivers of this market boom. In addition, the ever-increasing demand for non-woven fabrics durable goods from the Asia-Pacific and Middle Eastern countries is expected to further push up the market trend.

At the same time, market analysts said that the continuous fluctuation of PP prices will restrict the steady development of the PP nonwoven industry in the future. The continuous increase in the supervision of such substances in various regions, especially in Europe and the United States, will also restrict the speed of development.

Data show that in 2013, the global PP non-woven fabric market demand was 5.553 million tons, and this figure is expected to increase to 997.8 tons in 2020.

In the area of ​​terminal applications, the hygiene product industry in 2013 was the largest application market for PP non-woven fabrics worldwide. Controls its 50.7% market share. However, GrandViewResearch believes that with the rapid development of the consumer durable goods industry in developing countries, the market share of PP nonwovens in the hygiene sector will decrease in the next few years.