Global Bio-based Nonwoven Market Size By Application, By End-Use Industry, By Function, By Geographic Scope And Forecast
Global Bio-based Nonwoven Market Size By Application, By End-Use Industry, By Function, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Free Sample Ask for Discount Request CustomizationBio-based Nonwoven Market Size and Forecast
Bio-based Nonwoven Market size was valued at USD 2.1 Billion in 2023 and is projected to reach USD 6.2 Billion by 2030, growing at a CAGR of 17% during the forecasted period 2024 to 2030.
Global Bio-based Nonwoven Market Drivers
Several elements propel the growth and use of Bio-based Nonwoven. Here are a few significant market drivers
- Sustainability and Environmental Concerns The market for bio-based nonwovens is driven by consumers’ growing awareness of environmental issues and their preference for eco-friendly and sustainable products. Businesses and consumers are looking for alternatives that have less of an impact on the environment.
- Utilization of Renewable Feedstocks Bio-based nonwovens are frequently made using renewable feedstocks, such as wood pulp, plant fibers (such as cotton or flax), or biodegradable polymers made from biomass. Utilizing renewable resources helps one become less reliant on fossil fuels.
- Tight Rules and Standards The use of bio-based nonwovens is aided by tightening rules and standards that support environmentally beneficial and sustainable goods. Manufacturers and end users may be greatly motivated by compliance with these requirements.
- Consumer Preferences and Brand Image Products that support environmental ideals are becoming more and more popular. Companies that match consumer expectations and improve their brand image can benefit from using bio-based nonwovens in their products.
- Initiatives for the Circular Economy Bio-based nonwovens contribute to resource efficiency and waste reduction by providing materials that may be recycled or composted.
- Corporate Sustainability Goals A lot of businesses are embracing goals pertaining to lessening their environmental impact and integrating sustainability into their core principles. These business sustainability activities are supported by the use of bio-based nonwovens.
- Material science and technological advancements are continuously producing novel bio-based nonwoven materials that are competitive with more conventional options because to their enhanced performance.
- Government Support and Incentives By increasing the economic viability of bio-based materials, such as nonwovens, government programs, subsidies, and incentives can stimulate the development and use of these materials and propel market expansion.
- Biodegradability and Waste Reduction In areas where disposability is frequent, bio-based nonwovens present viable alternatives for waste reduction. After use, biodegradable choices help reduce their negative effects on the environment.
- Increase in End-Use Applications The market is growing as a result of the growing acceptance and use of bio-based nonwovens in a variety of end-use applications, including packaging, medical textiles, hygiene products, and automobile interiors.
Global Bio-based Nonwoven Market Restraints
The market for Bio-based Nonwoven has room to grow, but some obstacles and limitations could prevent it from doing so. Here are a few significant market constraints
- Cost Competitiveness When it comes to cost, bio-based nonwovens may not be as cost-competitive as traditional nonwoven materials, particularly those made from inexpensive petrochemical feedstocks. Adoption rates can be impacted by economic factors.
- Restricted Raw Material Availability Certain bio-based raw materials, like particular plant fibers or biodegradable polymers, may not always be readily available. Dependency on particular feedstocks can cause instability and difficulties in the supply chain.
- Processing Difficulties Compared to conventional nonwovens, bio-based nonwovens may provide processing difficulties. Achieving desirable qualities, such strength and durability, while keeping costs down can be challenging for manufacturers.
- Performance Considerations In some situations, certain bio-based materials might not perform as well as their petrochemical-based counterparts. Their applicability for particular end-use industries may be impacted by performance constraints.
- Lack of Standardization The performance and environmental claims of bio-based nonwovens may be questioned due to the lack of established testing procedures and certifications, which could prevent their general adoption.
- Limited Market Awareness The bio-based nonwoven industry may still be in its infancy, and consumer and industry ignorance on the availability and advantages of these materials may impede market expansion.
- Technological Immaturity Compared to conventional nonwoven technologies, some bio-based nonwoven technologies may be more recent or less developed. Production process efficiency and scalability can be impacted by technological immaturity.
- End-Use Industry Challenges Traditional nonwoven material standards and supply channels may be well-established in some industries. Overcoming opposition and addressing particular industrial obstacles may be necessary to persuade certain businesses to adopt bio-based substitutes.
- Regulatory Barriers It can be difficult to achieve compliance with many standards, and regulatory norms and certifications may differ between locations. Overcoming legal restrictions for bio-based nonwovens could be difficult.
- Customer Perception and Acceptance Perceptions of performance, affordability, and familiarity with conventional nonwoven materials may have an impact on consumer choices and acceptance of bio-based nonwovens.
Global Bio-based Nonwoven Market Segmentation Analysis
The Global Bio-based Nonwoven Market is Segmented based on Application, End-Use Industry, Function, And Geography.
Bio-based Nonwoven Market, By Application
- Hygiene Products
- Diapers
- Feminine Hygiene Products
- Adult Incontinence Products
- Medical Textiles
- Surgical Gowns
- Face Masks
- Wound Dressings
Bio-based Nonwoven Market, By End-Use Industry
- Healthcare
- Hygiene
- Automotive
- Agriculture
- Home and Personal Care
- Packaging
- Others
Bio-based Nonwoven Market, By Function
- Disposable
- Durable
Bio-based Nonwoven Market, By Geography
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
- UAE
- Saudi Arabia
Global Bio-based Nonwoven Market Key Players
- Boehmelt Nonwovens
- NatureWorks LLC
- Lenzing AG
- Suominen Corporation
- Truffle
- Fitesa Group
- Berry Global Inc.
- Unifrax
- Avgol
- Freudenberg Group
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2020-2030 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2022 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Boehmelt Nonwovens,NatureWorks LLC,Lenzing AG,Suominen Corporation,Truffle,Fitesa Group,Berry Global Inc.,Unifrax,Avgol,Freudenberg Group |
| SEGMENTS COVERED | By Application, By End-Use Industry, By Function, By Geography |
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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