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2023 Global non-woven fabric market analysis

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2023 Global non-woven fabric market analysis
Latest company news about 2023 Global non-woven fabric market analysis

With the growth of the economy and the increasing demand for nonwovens, there has been a rapid development in the production of nonwovens in China. Especially in recent years, the equipment and production capacity of nonwovens based on spunbond, hydroentanglement and hot air processes has grown rapidly.

 

According to forecasts, the annual production of nonwovens will still maintain a growth rate of 6%-10% over the next five years, and by 2023 the annual production of nonwovens will exceed 6.8 million tonnes. But many nonwoven manufacturing entrepreneurs lament that market demand has failed to grow in tandem with production capacity, with excess capacity leading to price competition and equipment shutdowns. With the upgrading of equipment and the enhancement of R&D capabilities, nonwoven enterprises should look globally and develop a broader market while producing more high-quality, high-specification and high-grade products, so that the nonwoven industry can develop even further.

Translated with www.DeepL.com/Translator (free version).

 

Overall, the market demand for nonwovens is still growing, but the performance of the product, as well as the innovative application requirements are also rising, enterprises in the increase in equipment investment and production capacity, but also closer to the market needs and growth points, the layout of the global market, in order to avoid the dilemma of overcapacity.

 

 

latest company news about 2023 Global non-woven fabric market analysis  0

Pub Time : 2021-12-03 16:44:50 >> News list
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