Nonwoven fabrics to top $42bn by 2020

摘要

The global nonwoven fabrics market is expected to reach US$42.1 bn by 2020, according to a new report from Radiant Insights. Growing production of baby diapers on account of increasing birth rates, particularly in Asia Pacific, is expected to remain a key driving factor for the global nonwoven fabrics market. Increasing construction spending in emerging economies of China, India and Brazil is also expected to have a positive influence on the market growth. Volatile prices of key raw materials are expected to remain a key challenge for market participants over the next six years.