Automotive manufacturers all around the globe are attempting to lower vehicle weight in order to make fuel-efficient, low-CO2-emitting vehicles. As a result, the need for lightweight, high-strength materials for interior applications is increasing. Nonwoven materials are 15%-20% lighter than competitive materials and can save up to 2 kg on the weight of an automobile.
Global Non Woven Fabrics Market Scope:
This market report makes extensive use of secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and other databases, to discover and collect excerpts acceptable for this study.
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Global Non Woven Fabrics Market Overview:
The Global Non Woven Fabrics market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the industry. The scope of the research includes a thorough investigation of the Global Non Woven Fabrics Market, as well as the reasons for variations in the industry's growth in various locations.
Global Non Woven Fabrics Market Size was valued at USD 40.38 Billion in 2021, and it is expected to reach USD 63.88 Billion by 2029, exhibiting a CAGR of 5.9 % during the forecast period (2022-2029)
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Key Players:
Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the markets are determined by using secondary sources and verified through the primary sources.
The biggest players in the Global Non Woven Fabrics market are as follows:
• DuPont
• Kimberly- Clarke
• Berry Global Group
• Ahlstrom-Munksj Freudenberg
• Suominen
• Johns Manville
• Fitesa
• TWE Group
• Toray Industries
• Avgol industries
• Asahi Kasei
• Fiberweb
• Umzamo Nonwovens
• Sunshine Nonwoven Fabric
• Autotech Nonwovens
• Hollingsworth & Vose
• Milliken & Company
• Pegas Nonwovens
• Fibertex Nonwovens
• Cygnus Group
• HydroWEB
• US Felt Company
• Bayteks Tekstil
• Avintiv Inc.
• Freudenberg SE
• Ahlstrom
• Kimberly-Clark
• DowDupont, P.H. Glatfelter Company
• Suominen Corporation
• Johns Manvile (JM)
• Toray Industries, Inc.
Regional Analysis:
Individual market influencing elements and changes in market laws that influence present and future market trends are also included in the geographical overview of the Global Non Woven Fabrics market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
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COVID-19 Impact Analysis on Global Non Woven Fabrics Market:
Due to a break in operations, end-user sectors where Global Non Woven Fabrics are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for Global Non Woven Fabrics manufacturers, affecting the development of the Global Non Woven Fabrics market in 2020. End-user business demand for Global Non Woven Fabrics has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.
Key Questions Answered in the Global Non Woven Fabrics Market Report are:
- Which segment had the largest share in the Global Non Woven Fabrics market in 2021?
- What is the competitive landscape of the Global Non Woven Fabrics market?
- Which are the key drivers aiding the Global Non Woven Fabrics market growth?
- Which region has the maximum share in the Global Non Woven Fabrics market?
- What will be the CAGR of the Global Non Woven Fabrics market during the forecast period (2022-2027)?
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