Global PP (Polypropylene) Market Analysis, Size, Growth, Trends And Segment Forecasts, To 2020: Hexa Research

Global PP (Polypropylene) Market Analysis, Size, Growth, Trends And Segment Forecasts, To 2020: Hexa Research

Industry Insights
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. Growing importance for PP nonwoven fabrics in durable applications such as geotextiles, automotive and construction are expected to have a positive impact on the market. Ageing population in U.S., Japan and Western European countries have driven the demand for adult incontinence products which in turn is expected to drive PP nonwoven fabric demand over the forecast period. Volatile prices of propylene, obtained through crude oil, have affected the costs involved in manufacturing polypropylene which is expected to pose challenges to the market participants. Growing environmental concerns regarding the production and biodegradability of PP nonwoven fabrics have led to a stringent regulatory scenario. In order to overcome the regulatory challenges, market participants have focused on the development of bio-based PP nonwovens which is expected to serve as an opportunity to companies in the market.

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Product Insights
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...

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