Industry Insights
Increasing demand for consumer disposable products is expected to be a
key factor driving the market growth over the forecast period. Growing
importance for PP nonwoven fabrics due to its superior quality compared
to other nonwovens, primarily in hygiene products, have been a major
factor for growing demand in consumer disposable products. PP fibers and
polymers are the most widely used raw materials for manufacturing
nonwoven fabrics.
High birth rates mainly in Asia Pacific markets have raised the
demand for consumer disposable products such as baby diapers and
sanitary wipes. This in turn is expected to fuel the global PP nonwoven
fabric market. Growing importance for PP nonwoven fabrics in durable
applications such as geotextiles, automotive and construction are
expected to have a positive impact on the market.
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Ageing population in U.S., Japan and Western European countries have
driven the demand for adult incontinence products which in turn is
expected to drive PP nonwoven fabric demand over the forecast period.
Volatile prices of propylene, obtained through crude oil, have affected
the costs involved in manufacturing polypropylene which is expected to
pose challenges to the market participants. Growing environmental
concerns regarding the production and biodegradability of PP nonwoven
fabrics have led to a stringent regulatory scenario. In order to
overcome the regulatory challenges, market participants have focused on
the development of bio-based PP nonwovens which is expected to serve as
an opportunity to companies in the market.
Product Insights
Spunbonded PP nonwoven fabric accounted for over 47% of the market
volume in 2013 to emerge as the largest product segment. Spunbonded PP
fabrics are primarily used to manufacture baby & adult incontinence
diapers, feminine hygienic products and medical apparel. Increasing
geriatric population in countries such as U.S., Japan, U.K., and Germany
have been propelling the demand for spunbonded PP fabrics in adult
incontinence products.
Similarly, increasing birth rate in Asia Pacific and Latin America
has propelled the demand for baby diapers which in turn is expected to
drive the demand for spunbonded PP fabrics. Spunbonded PP fabric is
estimated to register a CAGR of 8.3% from 2014 to 2020 to emerge as the
fastest growing product segment. High growth of the product segment can
be attributed to its growing demand in durable applications such as
construction, agriculture and coating substrates.
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Application Insights
Hygiene was the largest application segment for PP nonwoven fabric
market and accounted for over 50% of the market volume in 2013.
Increasing demand for baby & adult diapers, feminine disposable
products and wipes has been driving the demand for PP nonwoven fabrics
in hygiene applications. Growing importance for PP nonwovens in
geotextiles owing to its durability and serviceability may fuel the
market growth over the forecast period.
Increasing use of PP nonwoven fabric in furniture and agriculture
applications is expected to complement the market growth. Increasing
penetration of PP nonwoven fabric in medical applications such as
protective apparel, surgical gowns and patient apparel is anticipated to
drive the market growth over the forecast period.
Regional Insights
Asia Pacific emerged as the leading regional PP nonwoven fabric
market and accounted for over 40% of the market volume in 2013. Growing
disposable income in the markets of China and India have increased the
usage of hygiene products such as baby diapers and sanitary wipes which
in turn have spurred the PP nonwoven fabric market in the region.
Increasing propylene capacities in Middle East have given the local
manufacturers advantage in terms of supply and relatively low pricing of
feedstock.
Increasing awareness regarding hygiene products such as baby and
adult diapers is expected to fuel the market growth. Growing PP nonwoven
fabric demand in industrial, medical and furniture applications is
expected to drive the Middle East market. Middle East is estimated to
grow at a CAGR of 10.3% over the next six years to become the fastest
growing regional market.
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Reasons to Buy This Report
* Complete access to Polypropylene (PP) market size, growth rate and forecast to 2020
* In-depth quantitative information on key regional Polypropylene (PP) markets including North America, Europe, Asia Pacific
* Polypropylene (PP) Market estimates and forecasts for key products/applications on a regional basis
* Facility to obtain country level information for complete Polypropylene (PP) market segmentation
* Key trends, drivers and restraints for global Polypropylene (PP) market
* Challenges to market growth for Polypropylene (PP) manufacturers
* Key market opportunities of Polypropylene (PP) Industry.
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