Grand View Research has announced the addition of "Global Staples PP (Polypropylene) Nonwoven Fabric Market Forecasts To 2020" Market Research report.
Online PR News – 22-January-2015 – San Francisco/ CA – The global staples PP nonwoven fabric market is expected to reach USD 9.02 billion by 2020, according to a new study by Grand View Research, Inc. Growing baby diapers and adult incontinence products demand is expected to drive global staples PP nonwoven fabric market over the next six years. Increasing staples PP nonwoven fabrics penetration in automotive and industrial applications is also expected to have a positive influence on the market growth. Increasing healthcare expenditure in emerging markets of China and India prompted the demand for protective medical apparel which is further expected to impact the market growth. Volatile price of polypropylene is expected to remain a key challenge for market participants.
Hygiene was the largest application segment and accounted for 37.5% of the total market volume in 2013. Increasing geriatric population base particularly in the U.S., Japan, and Western Europe is expected to remain key driver for this segment. High birthrates in North African countries and Middle East coupled with increasing baby diaper usage in Southeast Asian countries are also expected to have a positive impact on the segment growth. Medical is expected to witness the highest growth rate of 7.7% from 2014 to 2020. Presence of sophisticated healthcare system in developed economies of U.S. and Europe coupled with increasing healthcare expenditure in South American and Asian countries is expected to drive this segment.