Market World Polypropylene (PP) Nonwoven Fabric Market | Page 2

The PP (Polypropylene) nonwoven fabric market is highly competitive owing to the presence of several domestic
and international suppliers. However, the sector has the presence of various new players, who face difficulty in
competing with other major companies in terms of functionalities, features, quality, and services. Over the
forecast period, the growing new product development activities coupled with increasing adoption of new
technologies for achieving operational efficiency has enabled the competition to become more aggressive. On
a contrary, few major players through continuous R&D endeavors coupled with growing expertise knowledge in
the industry have enabled them to witness competitive edge, thus propelling the overall growth of the sector
over the next eight years.
North America and Europe are anticipated to witness major market share over the forecast period owing to the
growing applications in end-user entities including automotive, aviation, personal care, medical, and geotextile.
Particularly, the UK, Germany, Italy, France and the US are projected to account for growth in the region
primarily due to rising rapid technological advancements used for producing superior quality finished materials,
thus enabling the regions to anticipate augmented demand by 2024.
Asia Pacific is anticipated to account for fastest growth over the forecast period primarily due to the growing
awareness regarding polypropylene nonwoven fabric utilization in numerous industries for manufacturing adult
diapers, famine products and medical products. Furthermore, increasing application in automobiles coupled
with growing demand for superior quality fabric is also expected to bolster the market growth by 2025. India,
China, and Japan are anticipated to witness the highest share in the region majorly owing to the rising disposable
income, foreign investments in manufacturing industries and growing government initiatives in medical sector
for. The Middle East & Africa is projected to see significant growth by 2020 mainly owing to increasing
urbanization, industrialization, and globalization. The sector has huge potential in this region primarily owing to
rising per capita income and foreign investments.
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Key players of the market include Fibertex, AVGOL, Kimberly-Clark, Fiberweb, and First Quality. Few other
companies in the sector are PGI, Toray, and Mitsui. The PP nonwoven fabric industry is highly consolidated
having more than 40% market share by top five players. The major large players generally tend to collaborate
with smaller companies to increase market share and competitive advantage. These market players through
continuous R&D endeavors focuses on building a wide distribution network that supports the overall coupling
market to report significant growth over the forecast period. Companies through strategic expansions and
mergers & acquisitions have been trying to cater large volume of customers with products that are cost-effective
and high quality.