The global HDPE nonwoven 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.
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➤ The market development will be driven by the increased demand for HDPE nonwoven in pharmaceutical and medical packaging.
The global HDPE nonwovens market will be significantly influenced by the increasing demand for Tyvek in medical and pharmaceutical packaging. This material is known for its superior microbial barrier, breathability, tear resistance, and clean peel, which are essential for maintaining the sterility of medical equipment and pharmaceuticals throughout their lifecycles.
➤ The market’s expansion is restricted by its exorbitant price
CBIC’s circular no. 80/54 /2018-GST, which was published in January 2019, categorizes polypropylene woven/nonwoven bags laminated with BOPP as plastic bags under HS code 3923 and will be subject to 18% GST. Consequently, the market will be restricted in the years ahead as a result of the high number of taxes imposed on products, which will ultimately increase their overall price.
➤ A lucrative opportunity is presented by technological advancement.
Technological advancements have led to accelerated expansion in the majority of the textile industry’s product categories, particularly nonwoven fabrics. It is expected that the production of nonwoven textiles will become financially viable as a result of the anticipated reduction in production costs by new technologies. As an alternative to conventional membranes, the utilization of nanofiber and high-performance material technologies is generating new opportunities for nonwoven manufacturers.
➤ The implementation of rigorous regulations by governments presents a significant obstacle.
Beginning on January 1, 2020, the Keralan government voted to prohibit the production, distribution, and storage of plastic products throughout the state. In November 2019, this determination was rendered. The Pollution Control Board has been granted substantial authority by the state by imposing substantial penalties on those who violate the plastic prohibition. Consequently, these factors impede the global HDPE nonwoven market during the forecast period.
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The Global HDPE Nonwoven Market is segmented based on product, application and region
Global HDPE Nonwoven Market: Product Segment Analysis
● Dry-laid Non-woven
● Airlaid Non-woven
● Spun-bond Non-woven
● Others
Global HDPE Nonwoven Market: Application Segment Analysis
● Agriculture
● Medical
● Printing
● Cargo Covers
● Building Envelopes
● Others
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The global HDPE Nonwoven market profiles key players such as:
● 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
● Toray
???? Recent Developments:
• Dow introduced INTREPID 2499 Bimodal HDPE Resin for geomembranes in September 2021. Traditional, incumbent materials are outperformed by INTREPID 2499 Bimodal HDPE Resin in terms of performance and life expectancy in highly oxidative situations. Exceptional resistance to high temperatures, chemicals, corrosion, slow fracture development (SCG), tearing, punctures, and abrasion is provided by the advanced molecular design of this premium high-density polyethylene (HDPE) resin.
• Willacoochee Industrial Fabrics, Inc. (WINFAB), a prominent manufacturer of geosynthetic and erosion control products in the United States, recently disclosed its intention to establish a state-of-the-art production line for nonwoven geotextiles in Nashville, Georgia, in August 2022. The production line is anticipated to be operational by the second quarter of 2023.
➤ The market is anticipated to be dominated by the Asia Pacific region during the forecast period.
In 2021, APAC dominated the HDPE nonwovens market. The high demand for infant wipes, personal care wipes, and medical wipes has facilitated the market demand decline for the entire industry. Additionally, the market for HDPE nonwovens is experiencing growth as a result of numerous production advancements. Mitsui Chemicals, Inc. has expanded its production facilities for melt-blown nonwovens at its fully-owned subsidiary Sunrex Industry Co., Ltd. as of March 2020.
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