According to a new market report published by Lucintel, the future of the non-woven textile market looks promising with opportunities in the transportation, marine, wind energy, aerospace and defense, and construction industry. The global non-woven textile market is expected to reach an estimated $6.6 billion by 2027 with a CAGR of 8.0% from 2021 to 2027. The major drivers for this market are increasing use of composites in different end use industries and performance benefits of non-woven textiles as it offers better drapablity and delamination in composite structures.
Browse 70 market data tables and 88 figures spread through 172 pages and in-depth TOC on “Global Non-Woven Textile Market"
In this market, non-crimp, and chopped strand mat (CSM)/continuous fiber manufacturing (CFM) are used as product type. Lucintel forecasts that non-crimp textile will remain the largest segment by value and volume due to the increasing use in wind energy, transportation, and aerospace industries. Chopped strand mat (CSM)/continuous fiber manufacturing (CFM) is expected to witness the highest growth over the forecasted period.
Within the global non-woven textile market, wind energy will remain the largest end use segment and is also expected to witness the highest growth over the forecast period due to the increasing demand for lightweight materials and replacement of woven textiles
By material, carbon fiber, glass fiber, and natural fiber are the major non-woven textile by material type. Glass fiber will remain the largest segment by value and volume and the natural and other fiber is expected to witness the highest growth over the forecast period.
Europe is expected to remain the largest region over the forecast period due to the presence of major composite component manufacturers for wind energy and transportation. North America is expected to witness the highest growth over the forecast period.
Emerging trends, which have a direct impact on the dynamics of the industry, include the development of new defect control technology for designing fabrics with no defects for better mechanical properties. Saertex, Sigmatex, Vectorply, SGL, and Hexcel are among the major non-woven textile for composites manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global non-woven textile market by end use, by material, by product, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Non-Woven Textile Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global non-woven textile market by end use, by material, by product, and region as follows:
By End Use [Value ($B) and Volume (KT) shipment analysis for 2016 – 2027]:
•Transportation
•Marine
•Wind Energy
•Aerospace and Defense
•Construction
•Others
By Material Type [Value ($B) and Volume (KT) shipment analysis for 2016 – 2027]:
•Carbon Fiber
•Glass Fiber
•Natural Fiber and Others
By Material Type [Value ($B) and Volume (KT) shipment analysis for 2016 – 2027]:
•Non-Crimp Textiles
•CSM/CFM
By Region [Value ($B) and Volume (KT) shipment analysis for 2016 – 2027]:
•North America
•Europe
•Asia Pacific
•The Rest of the World
This 172-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/non-woven-textile-market.aspx or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the global non-woven textile market by end use (transportation, marine, wind energy, aerospace & defense, construction, and others), by product type (non crimp and CSM/CFM), by material type (glass fiber, carbon fiber, and natural fiber and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?