Nonwoven Fabrics Market Size, Revenue Growth Trends, Company Strategy Analysis, 2020–2028
Growing demand for advanced material across several industries is a significant factor influencing growth of the market. Market Size – USD 40 Billion in 2020, Market Growth – at a CAGR of 5.5%, Market Trends –Increasing demand for advanced material across industries The global Nonwoven Fabrics Market is expected to be valued at USD 61.38 billion by end of 2028 from a value of USD 40 billion in 2020, expanding at a CAGR of 5.5% over the forecast period. This growth of the market is attributable to Growing demand from these industries coupled with increasing awareness about benefits of its adoption. Increasing its demand from end use industries owing to excellent properties is estimated to drive growth of the market over the foreseeable future. The nonwoven fabric have properties such as abrasion resistant, antistatic, dry cleanable, durable, dust free, flame resistant, foldable, glueable, heat sealable, impermeable, ironable, and is kind to skin. However, price volatility ...