Nonwoven Fabrics Market worth $53.5 billion by 2025 - Exclusive Report by MarketsandMarkets

CHICAGO, Sept. 4, 2020 /PRNewswire/ -- According to the new market research report "Nonwoven Fabrics Market by Polymer Type, Layer, Function, Technology (Spunbond, Wetlaid, Drylaid), Application (Hygiene, Building & Construction, Filtration, Medical, Automotive, Consumer Products), and Region - Global Forecast To 2025", published by MarketsandMarkets, The global Nonwoven Fabrics Market size is projected to grow from USD 40.5 billion in 2020 to USD 53.5 billion by 2025, at a CAGR of 5.7% from 2020 to 2025.

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The market is projected to grow in accordance with the increase in the demand for nonwoven fabrics for hygiene products across the globe. Factors such as an increase in the innovations in nonwovens, and a boost in the demand for hygiene and medical products during the COVID-19 pandemic is expected to drive the market for nonwoven fabrics.

In terms of volume, spunbond are estimated to lead the nonwoven fabrics market in 2019.

Spunbond, by technology, accounted for the largest market share in the nonwoven fabrics market. Spunbond is widely used for the processing of sustainable nonwovens, owing to its cost effectiveness and high performance, and yields higher output at comparatively lower costs. Increase in the use of spunbond nonwovens for baby diapers and geotextiles is expected to have a positive impact on the demand for spunbond nonwoven fabrics.

Hygiene is estimated to be the largest segment in the nonwoven fabrics market in 2019.

Hygiene, by application, accounted for the largest demand for nonwoven fabrics in 2019, in terms of value and volume. This dominant market position is attributed to the boost in the demand for nonwoven solution across the hygiene industry for baby diapers, masks and wipes. COVID-19 has increased the demand for hygiene products such as sanitary napkins, wipes, face masks, and adult incontinence products, across the globe.