Non-woven Fabrics Market - Industrial Membranes, by Module Type, Application, and Region - Forecast to 2021
LONDON, Oct. 24, 2016 /PRNewswire/ --
"Increase in demand for water & wastewater treatment across the globe to drive the market for non-woven fabrics—industrial membranes."
The global market for non-woven fabrics—industrial membranes is projected to grow from USD 608.9 million in 2016 to USD 959.5 million by 2021, at a CAGR of 9.52%. The increase in demand for fresh water across the world as well as governmental regulations regarding water & wastewater treatment have played a major role in providing the necessary momentum for the growth of the non-woven fabrics market—industrial membranes. However, non-availability of raw materials and energy costs could pose a threat to the growth of the market.
"The spiral-wound segment to gain a major share during the forecast period."
The spiral-wound segment is projected to be the fastest-growing in the non-woven fabrics market—industrial membranes during the next five years. Spiral-wound module is cost effective and provides similar benefits as other module types. It is mainly used in reverse osmosis (RO) filtration, particularly in treating water & wastewater.
"The Asia-Pacific region accounted for the largest market share in 2015."
The market for non-woven fabrics—industrial membranes is segmented on the basis of region into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific accounted for the largest share of the total demand generated by the global non-woven fabrics market—industrial membranes in 2015, owing to developing nations in the region. The Asia-Pacific region is projected to be the fastest-growing market for non-woven fabrics—industrial membranes during the forecast period, owing to the growth in economy and rapid growth in the medical & infrastructure sectors.
Breakdown of primaries:
Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of non-woven fabrics—industrial membranes. The distribution of primary interviews is as follows:
- By Company: Tier 1 - 39%, Tier 2 - 37%, and Tier 3 - 24%
- By Designation: Director level - 38%, C level - 36%, and Others - 26%
- By Region: Europe - 37%, North America – 33%, Asia-Pacific - 15%, and RoW - 15%
The various suppliers of non-woven fabrics—industrial membranes and related products in the report are as follows:
- E. I. du Pont de Nemours and Company (U.S.)
- Kimberly-Clark Corporation (U.S.)
- Avintiv Inc. (Berry Plastics Group, Inc.) (U.S.)
- Ahlstrom Corporation (Finland)
- Freudenberg & Co. KG (Germany)
- Fitesa (U.S.)
- Glatfelter, Inc. (U.S.)
- Johns Manville (U.S.)
- Suominen Corporation (Finland)
- TWE Group (Germany)
- Toray Industries, Inc. (Japan)
- The Dow Chemical Company (U.S.)
- Asahi Kasei Corporation (Japan)
RESEARCH COVERAGE
This report segments the market for non-woven fabrics—industrial membranes into module type, application, and region, and provides the estimations for the overall value of the market and the sub-segments across various regions. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, new product & technology launches, mergers & acquisitions, partnerships, agreements, joint ventures, and recent developments associated with the market for non-woven—industrial membranes.
REASONS TO BUY THE REPORT:
This report will help the leaders/new entrants in this market in the following ways:
- To analyse and have a better understanding of the market for non-woven fabrics used to manufacture industrial membranes
- To provide them information on key market drivers, restraints, challenges, and opportunities
To gain more insights regarding their competitors and their position in the market
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SOURCE ReportBuyer
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