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Report Highlights
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During the next 5 years, overall world growth of the demand for nonwovens should increase at a compound annual growth rate (CAGR) of 5.6%. Global consumption of nonwovens will reach 15.6 billion pounds in 2015, an increase from 11.9 billion pounds in 2010.
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The total North American demand for nonwoven materials was 2.2 billion pounds in 2010 and is expected to reach 2.6 billion pounds in 2015, a compound annual growth rate (CAGR) of 3.4%.
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The use of nonwovens, especially in filtration, wipes, home furnishings, building and construction, agricultural fabrics, floor covering, and miscellaneous disposables will be the growth markets in North America. Disposables were valued at 1.5 billion pounds in 2010 and are expected to reach nearly 1.8 billion pounds in 2015, a compound annual growth rate (CAGR) of 3.2%.
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Report Highlights
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In 2004, the worldwide market for nonwoven fabrics is expected to be 9.1 billion pounds valued at $13.5 billion. Rising at an average annual growth rate (AAGR) of 4.8%, the market will reach 11.5 billion pounds in 2009.
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The best prospects will be found in Asia/Pacific, where growth will exceed (by 1.4 times) that of overall economic growth.
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The developed nations of North America, Western Europe and Japan currently represent nearly 60% of the global market for nonwoven fabrics.
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On the materials side, polypropylene fibers will gain market share based on favorable cost-performance relationships. Some exotic, high-performance fibers will gain as well, all at the expense of rayon and polyester.
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