Saturday, February 2, 2013 0:32
ReportsnReports adds new market research report on “Nonwovens to 2016″ o its store.
US demand to rise 5.6% annually through 2016
US demand for nonwovens is forecast to rise 5.6 percent per year to $7.4 billion in 2016, benefiting from an acceleration in area demand. In area terms, demand for nonwovens is expected to climb 2.2 percent per year to 34.3 billion square yards. Renewed economic growth, along with rising manufacturing output and rebounding construction activity, will provide opportunities for nonwovens. The best opportunities are in nondisposable applications such as roofing, house wrap, motor vehicles, and carpets and rugs. Further gains will be limited as the US represents a mature market for a number of disposable goods using nonwovens, including baby diapers. Competition from alternative materials will also prohibit nonwovens demand from expanding at a faster rate. Continue Reading…