Lucintel Forecasts Non-woven Textile Market To Reach $8 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the non-woven textile market is projected to reach an estimated $8 billion by 2030 from $5 billion in 2023 at a CAGR of 6% from 2023 to 2030. Growth in this market is primarily driven by 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 88 figures/charts and 70 tables in this 172-page report to understand trends, opportunities and forecast in 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).
Non-Crimp will remain the largest product type and it 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.
Glass fiber will remain the largest material type and carbon fiber is expected ...
... to witness the highest growth over the forecast period due to the increasing demand for lightweight materials and replacement of woven textiles.
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APAC 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 and it is also expected to witness highest growth over the forecast period.
Saertex, Sigmatex, Vectorply, SGL Group, Hexcel, Owens Corning, Jushi Group, FlexForm, Scott & Fyfe, and Selcom are the major suppliers in the non-woven textile market.
This unique 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 write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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