London, 28 January 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Nonwoven Fabrics Market in the US 2015-2019, which is expected to grow at a CAGR of 5.73 percent during the forecast period of 2014-2019.
The demand for nonwoven fabrics is highly dependent on economic conditions, demographic conditions, consumer awareness, and the spending capacity of consumers. Growth in end-use application markets such as Consumer Disposables, Filtration, Medical Disposables, and Others is propelling the growth and adoption of nonwoven fabrics in this segment.
“The surge in spending on infrastructure and construction in developing countries owing to economic growth and growing populations are leading to demand for exports in the Nonwoven Fabrics Market in the US,” says Faisal Ghaus, Vice President of TechNavio.
“The high quality and cost efficiency of nonwoven fabrics make the material a sustainable alternative to traditional materials.”
Key Market Drivers
- Increased Demand for Disposable Medical Supplies
- Growing Geotextiles Industry
- Growing Application in Hygiene Products
- Increased Use in Durable Applications
Key Market Trends
- Increased Use in Construction Sector
- Increase in M&A
- Increased Awareness among Consumers
Key Market Vendors
- E. I. du Pont de Nemours (DuPont)
- Freudenberg SE
- Johns Manville Corp.
- Kimberly-Clark Corp.
- Polymer Group Inc. (PGI)
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
