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Ahlstrom-Munksjo Oyj, Asahi Kasei Corporation, and Berry Global Group Inc. will emerge as major polypropylene nonwoven fabric market participants during 2020-2024
NEW YORK , March 15, 2021 /PRNewswire/ -- The polypropylene nonwoven fabric market is expected to grow by USD 12.26 bn during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the polypropylene nonwoven fabric market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
The polypropylene nonwoven fabric market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth increased in 2020 as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
Download the Post-Pandemic Business Planning Structure
Key Considerations for Market Forecast:
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Major Three Polypropylene Nonwoven Fabric Market Participants:
Ahlstrom-Munksjo Oyj operates its business through segments such as Decor, Filtration and Performance Solutions, Industrial Solutions, North America Specialty Solutions, and Specialties. The company offers a multi-layer nonwoven fabric commonly known as SMS or Spunbond Meltblown Spunbond.
Asahi Kasei Corporation operates its business through segments such as Critical Care, Health Care, Construction Materials, Fibers, Homes, Electronics, Chemicals, and Others. The company offers spunbond nonwovens available in materials of nylon, polyester, and polypropylene.
Berry Global Group Inc. operates its business through segments such as Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene, and Specialties. The company offers spunbond polypropylene in a wide range of styles with options for finishing treatments.
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Polypropylene Nonwoven Fabric Market 2020-2024: Segmentation
Polypropylene nonwoven fabric market is segmented as below:
The polypropylene nonwoven fabric market is driven by increased demand for hygiene products. In addition, other factors such as emergence of bio-based polypropylene are expected to trigger the polypropylene nonwoven fabric market toward witnessing a CAGR of over 7% during the forecast period.
Get more insights about the global trends impacting the future of polypropylene nonwoven fabric market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43604
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ Report: https://www.technavio.com/report/polypropylene-nonwoven-fabric-market-industry-analysis
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