Spunmelt Non-Woven Fabrics Market Is Expected to Reach $47.48 Billion by 2026 Says TMR
Friday, September 06, 2019
Press release from the issuing company
According to Stratistics MRC, the Global Spunmelt Non-woven Fabrics Market is accounted for $22.30 billion in 2017 and is expected to reach $47.48 billion by 2026 growing at a CAGR of 8.7% during the forecast period. Some of the key factors influencing the market are growth of modern healthcare in developing markets, rise in the birth rate in emerging economies and increase in geriatric population in western countries. However, volatility in the prices of raw materials, concerns about balancing performance and cost among small manufacturers restricts the market growth of Spunmelt Non-woven Fabrics market.
Spunmelt Non-woven fabric is a fabric-like material made from staple fibre and long fibre, bonded together by chemical, mechanical, heat or solvent treatment. The term is used in the textile manufacturing industry to denote fabrics, such as felt, which are neither woven nor knitted. Some non-woven materials lack sufficient strength unless densified or reinforced by a backing. In recent years, non-woven has become an alternative to polyurethane foam.
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Based on Application, Upholstery segment is expected to grow at a significant rate during the forecast period. Upholstery is the work of providing furniture, especially seats, with padding, springs, webbing, and fabric or leather covers. It is equally applicable to domestic, automobile, airplane and boat furniture, and can be applied to mattresses, particularly the upper layers, though these often differ significantly in design. A person who works with upholstery is called an upholsterer.
By Geography, Asia Pacific is anticipated to exhibit the considerable growth to huge consumption of Nonwoven Fabrics in automotive, construction and healthcare.
Some of the key players in Global Spunmelt Non-woven Fabrics market are DuPont (US), Fitesa (Brazil), Berry Global Group (US), Glatfelter (US), Freudenberg (Germany), Kimberly-Clarke (US), Suominen Corporation (Finland), Johns Manville (US), Ahlstrom-Munksjo (Sweden) and TWE Group (Germany).
o Rest of Europe
o New Zealand
o South Korea
o Rest of Asia Pacific
o Rest of South America
Middle East & Africa
o South Africa
o Rest of Middle East & Africa
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