What is Wetlaid Nonwovens Market?
Over the past few years, Nonwovens have been one of the top growing parts of the industry. Asia is the biggest customer of nonwovens and it will keep on increasing with a healthy growth rate in the forecast period. The wet-laid technology provides a unique way of using special fibers to make products for a huge variety of applications, it is conventional papermaking process with the use of different fibers, it allows the manufactures to use fibers, wood pulp, than in ordinary paper making and offers a wider range of properties for end uses. In addition, it is mainly used for applications such as filtration, teabags, dispersible material for the single-use wipe, and so on. The increasing demand from developing countries such as China, India is one of the major key factors of the growth of Wet laid Nonwovens.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Berry Global Group (United States), Suominen Corporation (Finland),, Johns Manville (United States), Fitesa (Brazil), TWE Group (Germany), Ahlstrom-Munksjö Oyj (Finland), The Freudenberg Group (Germany), Glatfelter (United States), Kimberly-Clark (United States) and Hollingsworth& Vose (H& V) (United States) |
CAGR | 6.98% |
The market study is being classified by Type (Manmade Fibres, Natural Fibres and Polymers), by Application (Automotive, Aerospace, Agriculture, Construction, Medical/hygiene industry, Household and Others) and major geographies with country level break-up. According to AMA, the Global Wetlaid Nonwovens market is expected to see steady growth rate.
Berry Global Group (United States), Suominen Corporation (Finland),, Johns Manville (United States), Fitesa (Brazil), TWE Group (Germany), Ahlstrom-Munksjö Oyj (Finland), The Freudenberg Group (Germany), Glatfelter (United States), Kimberly-Clark (United States) and Hollingsworth& Vose (H& V) (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Lydall (United States).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Wetlaid Nonwovens market throughout the forecasted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Wetlaid Nonwovens market by Type, Application and Region.
On the basis of geography, the market of Wetlaid Nonwovens has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Mounting Hygiene and Medical Industries
- Increasing Number of Surgical Procedures
Market Trend
- The emergence of the Internet of Things (IoT) and Smart Service
Restraints
- Raw Materials Availability Issues
Opportunities
- Increasing Awareness Among The End User About The Benefits Of Nonwoven Products Is Creating The Opportunities Of Growth In The Market
- Increasing Demand Of Nonwovens From The Region Such As Asia-Pacific
Challenges
- Volatility In Raw Material Prices
Market Leaders and some development strategies
In December 2020 Germany based company Freudenberg has announced its sells of south American hygiene nonwoven business to Brazilian leading nonwoven provider company named Fitesa. This acquisition will help business with a state of the art production facility as well as skilled professional and well-trained workforce.
For instance, In July 2020 Fitesa a leading nonwoven producer worldwide has announced the installation of new production line in Simpsonville for a new meltblown production line to supply raw materials for the N95 Face masks. In addition, the production is expected to start in the 4th quarter of the year 2020.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Wetlaid Nonwovens Manufacturer, Wetlaid Nonwovens Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry