Global Nonwoven Composites market will reach 11.0 Billion US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/30

Increasing number of applications of nonwoven composites is expected to set the tone for valuable growth of the global market. High-performance nonwoven composites find important application in biomedical devices, wound care, and filtration due to their ease of fabrication. Use of eco-friendly and cost-effective techniques to fabricate nonwoven composites could further increase the demand in the market.

Owing to their unequaled mechanical and lightweight properties, nonwoven fabrics composites are foreseen to become highly popular as a wood or metal substitute. Nonwoven fabrics reinforced composites are said to be one of the fastest-growing materials in the textile industry. Replacement of old nonwoven fabrics by nonwoven composites materials due to modern nonwoven innovation is projected to create opportunities in the market.

The global nonwoven composites market is projected to grow at a 4.17% CAGR during the forecast period 2017-2025. By the end of the assessment year, it could collect revenue worth an over US$ 11.0 Bn, increasing from a US$ 7,987 Mn earned in 2017.

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