Global polypropylene nonwoven fabric market to grow at a CAGR of 7.54% during the period 2018-2022.
One trend in the market is emergence of bio-based polypropylene. Bio-based polypropylene has entered the market recently. However, it has market potential. As the environmental concerns associated with the production and use of fossil fuel-derived polypropylene is growing, there has been a prompt demand for a replacement for synthetic polypropylene. This has given an opportunity for the development of bio-based polypropylene.
According to the report, one driver in the market is increased consumption of hygiene products. A majority of polypropylene nonwoven fabric produced is consumed in hygiene end-user application. This application segment includes products for babies, adults, and feminine hygiene. The demand for such products has increased in the past few years and is expected to grow further during the forecast period.
Further, the report states that one challenge in the market is volatile petrochemical prices. Propylene and ethylene are two main classes of petrochemical raw materials rendered from refineries. The prices of crude oil, propylene, and ethylene are inter-dependent. Crude oil prices across the globe fluctuate as per the supply-demand disparity.
Asahi Kasei Corporation
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Market Segmentation Analysis
Part 06: Market Sizing
Market Size and Forecast 2017-2022
Part 07: Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Threat of Substitutes
Threat of Rivalry
Part 08: Market Segmentation by Product
Segmentation by Product
Comparison by Product
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