By 2020, the global polypropylene (PP) non-woven fabric market will reach $30.61 billion, with the growing demand for baby diapers, adult incontinence, and disposable products for women being key factors driving the global PP non-woven fabric market for the next six years.
By 2020, the global polypropylene (PP) non-woven fabric market will reach $30.61 billion, with the growing demand for baby diapers, adult incontinence, and disposable products for women being key factors driving the global PP non-woven fabric market for the next six years. In addition, the penetration of PP non-woven fabrics in the durable goods application market penetration is mainly concentrated in Asia Pacific and Middle East countries, which will also have a positive impact on the demand increase in the next few years. However, the impact of crude oil price fluctuations on polypropylene prices will be the main challenge for the future development of the industry. In addition, increasingly stringent environmental regulations in Europe and America will also suppress market growth in these regions.
The global market volume of polypropylene non-woven fabrics in 2013 was 5.5536 million tons, and it is expected to reach 9.9782 million tons by 2020, with a compound annual growth rate of 7.8% continuing to grow during this period. In the non-woven fabric market in 2013, spunbonded PP had the largest market share, accounting for approximately 47.4% of the total market. It is expected that this field will continue to be the fastest-growing market in the next 6 years, with a compound annual growth rate of 8.3%. Short fiber PP non-woven fabric is expected to have a compound annual growth rate of 6.9% from 2014 to 2020. In the PP non-woven fabric market in 2013, the demand for sanitary products remained in the lead, accounting for 50.7% of the total market consumption. However, with the market penetration in the field of durable consumer goods applications, the market share of sanitary products is expected to decrease in the next six years. The compound annual growth rate of global demand for PP non-woven fabrics for hygiene products is expected to be 8.8% in the coming years.
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In 2020, the Asia Pacific region continued to dominate the PP non-woven fabric market, accounting for 40.6% of the total market. It is expected to continue to grow at a compound annual growth rate of 8.5% before 2020. The Middle East will become the fastest growing regional market for PP non-woven fabrics in the world over the next six years, and is expected to maintain a compound annual growth rate of 10.3%.