Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 413 Million | USD 669 Million | 5.5% | 2021 |
FrequentlyAsked Questions
The global HDPE nonwoven market is expanding as a result of factors like rising geotextile usage of HDPE nonwoven, expanding use of these polymers in packaging, and rising demand for spun-bond woven. Moreover, the rapidly expanding packaging industry, the rise in the use of HDPE nonwoven in industrial protective apparel, and the growing demand for medical devices packaging with the rise in the development of medical devices are also some of the chief factors that are fostering the growth of the global market.
According to the report, the global market size was worth around USD 413 million in 2021 and is predicted to grow to around USD 669 million by 2030 with a compound annual growth rate (CAGR) of roughly 5.5% between 2022 and 2030.
The global HDPE nonwoven market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market owing to the growing construction industry in the region.
The global HDPE nonwoven market is dominated by players like Dupont, Geotrst Environmental Science Technology, Xiantaoshi Songqing Plastics Co., Ltd., KOLON Industries, Inc., Shandong Jin Ruixiang Geotechnical Material Co., Ltd., Thrace Group, Fibertex Nonwovens A/S, Xi'an Hemeijia Technology Co., Ltd., Indra Industries Ltd., and Toray among others.
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