Reportstack has announced a new market research report on the Global Non-woven Fabrics Market 2015-2019. Increased usage in construction industry is one of the major trends being witnessed in the market. Non-woven fabrics are widely used in the Construction sector for applications such as house wraps and roofing materials, and as geotextiles. Infrastructural and construction spending is on the rise in developing countries owing to economic growth and growing populations. The Global Non-woven Fabrics market is expected to grow at a CAGR of 6.97 percent in terms of revenue during the period of 2014-2019.
There is growing demand for non-wovens in a variety of applications, including disposables, construction, automotive, and geotextiles. Augmented industrialization, growing birth rates, and increased disposable incomes in developing economies are the major factors that sustain the growth of the Global Non-woven Fabrics market.
“The demand for non-woven fabrics from the Global Geotextiles industry is expected to spike during the forecast period owing to prevailing healthy economic conditions and increased infrastructure investments in the BRIC countries,”.
To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
To access full report with TOC, please visit Global Non-woven Fabrics Market 2015-2019.