Nonwoven Fabrics Market U.S. to Grow Due to Increasing Demand in Construction Industry
Albany, NY (PRWEB) February 18, 2015
According to the report, the nonwoven fabric market in the U.S. is expected to grow at a CAGR of 5.73% from 2015 to 2019. The report further provides an in-depth analysis of imports and exports in the nonwoven fabrics market in the U.S., and tries to understand the primary growth drivers, the factors affecting sales, restraints in the market, important trends, and dynamics that are likely to change the face of this market in the forecast period.
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Nonwoven fabric is like regular fabric that is composed of long fibers, held together by mechanical, chemical, solvent, or heat treatment. This term essentially denotes fabrics that are neither knitted nor woven, like felt. Nonwoven fabrics do not have the strength as compared to regular woven fabrics. Due to their certain characteristics such as single-use and limited durability, these fabrics are popularly used in medical field for masks, gloves, caps, bath wipes, and others; as filters for gasoline, oil, or air filtration, tea bags, pharmaceutical industry, vacuum bags, allergen membranes, and others; and in the geotextiles industry for soil stabilizing, foundation stabilizing, erosion control, frost protection, agriculture mulch, landfill liners, and others. The nonwoven fabrics market in the U.S. is also growing as it finds use in several manufacturing processes.
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The nonwoven fabrics market in the U.S. has grown due to the versatility it provides for innovative approaches to complex business challenges. Additionally, the material is cost-effective and can be disposed off easily. The biggest contributor to the growth of the nonwoven fabrics market in the U.S. is the rising demand for disposable medical supplies. The fabric is in great demand due to its abrasion resistant, absorbent, filtration, foldable, liquid repellent, and sterilisable qualities it offers. Despite well-established growth drivers, the nonwoven fabrics market in the U.S. faces the hurdle of volatility of raw material prices. The fluctuation in manufacturing processes and inflation is also adding to the woes of the nonwoven fabric vendors in the U.S. However, the key players in the industry need to look at the increasing use of durable items in the construction industry. To reach new heights of success, companies in the nonwoven fabrics market need to tap into this opportunity.
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Some of the key players in the nonwoven fabrics market in the U.S. are E. I. Du Pont de Nemours, Johns Manville, Freudenberg, Kimberly-Clark, Ahlstrom, Polymer Group, Albis, Barnhardt Manufacturing, American Felt & Filter, and Building Materials Corporation of America. The report offers an insight into the financial outlook of these companies and their plans for the near future that are likely to impact the world economy. It provides an accurate assessment the possible investment options for the reader.
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