Global Microfiber Nonwoven Market Growth 2023-2029

Global Microfiber Nonwoven Market Growth 2023-2029

The global Microfiber Nonwoven market size is projected to grow from US$ 1369.7 million in 2022 to US$ 1421.3 million in 2029; it is expected to grow at a CAGR of 0.5% from 2023 to 2029.

Global key players of microfiber nonwoven include Huafon Group, Toray, Kuraray, Teijin Cordley and BAIKSAN, etc. As the top 1 manufcturer, Huafon Group gains a share over 20%.

In terms of market by region, APAC is the largest market, holding a share over 70%.

Dominant types of the product include mono-component and multi-component microfiber nonwoven, where the multi-component accounts for over 80%.

In terms of application, use in consumer goods makes up most, with a share over 50%.

As being widely applied in many industries, the global microfiber nonwoven market is projected to register significant growth in the coming years.

Microfiber Nonwoven is a high technology nonwoven material, which is suitable for various area , including household cleaning , industrial cleaning and electronic cleaning, have the feature of good absorbency ,fine softness, strong tensile and health sterility.

The statistical scope of this report includes Microfiber Nonwoven products used by the manufacturer itself.

LPI (LP Information)' newest research report, the “Microfiber Nonwoven Industry Forecast” looks at past sales and reviews total world Microfiber Nonwoven sales in 2022, providing a comprehensive analysis by region and market sector of projected Microfiber Nonwoven sales for 2023 through 2029. With Microfiber Nonwoven sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microfiber Nonwoven industry.

This Insight Report provides a comprehensive analysis of the global Microfiber Nonwoven landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Microfiber Nonwoven portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Microfiber Nonwoven market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microfiber Nonwoven and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microfiber Nonwoven.

This report presents a comprehensive overview, market shares, and growth opportunities of Microfiber Nonwoven market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Mono-component Microfiber Nonwoven
Multi-component Microfiber Nonwoven

Segmentation by application
Consumer Goods
Automotive
Industrial
Medical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Huafon Group
Toray
Kuraray
Teijin Cordley
BAIKSAN
Freudenberg Performance Materials
Hexin Group
Asahi Kasei
Shandong Tongda
ENEOS
Sanjiang Enterprise
Anhui Jinchun Nonwoven
Hangzhou Sijin Non-Woven

Key Questions Addressed in this Report

What is the 10-year outlook for the global Microfiber Nonwoven market?

What factors are driving Microfiber Nonwoven market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Microfiber Nonwoven market opportunities vary by end market size?

How does Microfiber Nonwoven break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.