A new report published by the two leading global trade associations forecasts strong market demand for nonwovens materials through the next five years, according to the Worldwide Outlook for the Nonwovens Industry, 2014-2020.
The highlights of the report include production is forecast to increase 5.7 per cent annually through to 2020; China will lead the growth in production, adding an additional 1.2 million tons from the end of 2014 through to 2020, representing a 7 per cent annual growth rate; and across the nonwoven technology methods, drylaid/carded hydroentangled production will expand at the fastest rate, adding 7.6 per cent annually.
“The worldwide nonwovens industry’s prospects are excellent and it remains an exciting industry in which to be involved,” said the report’s co-authors Jacques Prigneaux, market analysis and Economic Affairs director at EDANA and Brad Kalil, director of Market Research and Statistics at INDA.
This comprehensive new report provides in-depth information and analysis of global nonwoven macro drivers; supply and demand forecasts and statistics; and regional trade analysis; among other topics. The report includes detailed regional information and forecasts on production, technology and investment requirements for North America, Greater Europe, Asia and South America. The report further features regional views of economic growth, population, production by end use, and trade flows.
www.edana.org
www.inda.org
