Smithers: Growth rates for industrial nonwove...
Smithers

Growth rates for industrial nonwovens

Smithers

The global sales of nonwovens for industrial applications in 2020 is $24.9 billion, consuming 84.8 billion m² or 5.6 million tons. The annual growth rates for nonwovens used in industrial applications are 6.0% (sales dollars), 6.8% (m²) or 6.7% (tons).

Industrial nonwovens account for about 48.4% of the total sales for all nonwovens. By 2025, the value of nonwovens for industrial applications consumed should total $35.2 billion, for a projected growth rate (2020-25) of 7.2%. Industrial nonwovens should use 120.6 billion m² in 2025, for a projected growth (2020-25) of 7.8%. By 2025, tonnage consumed will increase to 8.2 million tons, for a projected growth (2020-25) of 7.8%. A new study from Smithers, Akron, OH/USA, “The Future of Nonwovens for Industrial Applications to 2025”, provides a comprehensive analysis of key market drivers and trends in the industrial nonwovens market to 2025, along with analysis of the impact of Covid-19 industry-wide.

 

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