Global polypropylene non-woven fabric market will reach 30 billion 610 million U. S. dollars
News time:2017-6-13 14:31:47Click amount:
According to foreign media reports, in 2020, the global polypropylene non-woven fabric (PP) market will reach $30 billion 610 million, among them, baby diapers, adult incontinence and female disposable products growing demand will be the key factors driving the global market for the next 6 years, PP non-woven fabric. In addition, PP non-woven fabrics market penetration in the durable goods, mainly concentrated in the Asia Pacific and Middle East countries, will also have a positive impact on demand for the next few years. However, the impact of crude oil price volatility on polypropylene prices will be a major challenge for the future development of the industry. In addition, increasingly stringent environmental regulations in Europe and America will also depress market growth in these regions.
According to relevant data, in 2013 the global polypropylene non-woven fabric market volume of 5 million 553 thousand and 600 tons, is expected in 2020 will reach 9 million 978 thousand and 200 tons, during the period will be 7.8% compound annual growth rate continues to grow. In the non-woven market in 2013, spunbond PP non-woven fabric market share of the largest, accounting for about 47.4% of the total market, is expected in the next 6 years, the field will be the fastest growing market, the compound annual growth rate will remain 8.3%. Staple fiber PP non-woven expects 2014 - 2020 compound annual growth rate of 6.9%. In 2013 PP non-woven fabric market, health supplies needs to stay ahead, the market accounted for 50.7% of total consumption, but with the application in the field of consumer durable goods market penetration, is expected in the next 6 years health products market share will decrease. In the next few years, the annual growth rate of global PP composite demand for sanitary products is expected to be 8.8%.
The latest statistics show that in 2013, the Asia Pacific region continues to occupy the dominant position of PP non-woven fabric market, accounting for 40.6% of the total market. It is expected to continue to grow at a CAGR of 8.5% by 2020. The Middle East will be the fastest growing regional market for PP non-woven fabrics in the world in the next 6 years and is expected to maintain a CAGR of 10.3%. Previous article:Accelerate the transformation and upgrading of non-woven fabrics industryNext article:No