Global Global PP (Polypropylene) Market Size, Industry Trends, Growth Prospects Till 2020: Hexa Research
Increasing demand for consumer disposable products is expected to be a key factor driving the market growth over the forecast period. Growing importance for PP nonwoven fabrics due to its superior quality compared to other nonwovens, primarily in hygiene products, have been a major factor for growing demand in consumer disposable products. PP fibers and polymers are the most widely used raw materials for manufacturing nonwoven fabrics. High birth rates mainly in Asia Pacific markets have raised the demand for consumer disposable products such as baby diapers and sanitary wipes. This in turn is expected to fuel the global PP nonwoven fabric market.
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Spunbonded PP nonwoven fabric accounted for over 47% of the market volume in 2013 to emerge as the largest product segment. Spunbonded PP fabrics are primarily used to manufacture baby & adult incontinence diapers, feminine hygienic products and medical apparel. Increasing geriatric population in countries such as U.S., Japan, U.K., and Germany have been propelling the demand for spunbonded PP fabrics in adult incontinence products. Similarly, increasing birth rate in Asia Pacific and Latin America has propelled the demand for baby diapers which in turn is expected to drive the demand for spunbonded PP fabrics.
Hygiene was the largest application segment for PP nonwoven fabric market and accounted for over 50% of the market volume in 2013. Increasing demand for baby & adult diapers, feminine disposable products and wipes has been driving the demand for PP nonwoven fabrics in hygiene applications. Growing importance for PP nonwovens in geotextiles owing to its durability and serviceability may fuel the market growth over the forecast period. Increasing use of PP nonwoven fabric in furniture and agriculture applications is expected to complement the market growth. Increasing penetration of PP nonwoven fabric in medical applications such as protective apparel, surgical gowns and patient apparel is anticipated to drive the market growth over the forecast period.
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Asia Pacific emerged as the leading regional PP nonwoven fabric market and accounted for over 40% of the market volume in 2013. Growing disposable income in the markets of China and India have increased the usage of hygiene products such as baby diapers and sanitary wipes which in turn have spurred the PP nonwoven fabric market in the region. Increasing propylene capacities in Middle East have given the local manufacturers advantage in terms of supply and relatively low pricing of feedstock.
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