In this report, the second in a series of three in which the world’s top 40 nonwovens producers are profiled, Karen Bitz provides the latest information and analysis of the investments and strategies of 20 medium sized nonwovens producers, namely: Avgol, Dalian Ruiguang Nonwoven Group, Fibertex Nonwovens, Fibertex Personal Care, Gülsan Holding, Hassan Group, Hollingsworth & Vose, Jofo Group, Johns Manville, Mitsui Chemicals Asahi Life Materials, Nan Liu Enterprise, PFNonwovens, Sandler, Shalag Nonwovens, Spuntech Industries, Suominen Nonwovens, Tenowo, TWE Group, Union Industries, and Xiamen Yanjan New Material Co. These producers together accounted for about 31%, or US$7.0 bn worth, of sales by the top 40 nonwovens producers in 2023—the latest year for which comprehensive data are available. Looking ahead, the global market for nonwoven fabrics is expected to increase at a compound annual growth rate (CAGR) of 6.5% between 2021 and 2027, from US$39.8 bn to US$57.9 bn. Growth will be driven by demand for nonwoven fabrics for making lightweight automotive components. It will also be driven by product innovation, such as the development of smart nonwoven fabrics. Further growth will stem from technological advances in manufacturing technologies, and from research and development (R&D) in the production of environmentally sustainable fabrics.
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