Global Polypropylene Industry
On the other hand, staple UP unwoven fabric is expected to grow at an estimated CARR of 6. 9% from 2014 to 2020. ; Hygiene emerged as the leading application segment for UP unwoven fabric and accounted for 50. % of total market volume consumed in 2013. However, owing to increasing market penetration in durable application segments, hygiene is expected to lose out some volume share over the next six years.
Global demand for UP unwoven fabric from medical industry is expected to grow at an estimated CARR of 8. 8% from 2014 to 2020. ; Asia Pacific dominated the global market and accounted for 40. 6% of total market volume in 2013 and is estimated to grow at a CARR of 8. 5% from 2014 to 2020. Middle East is expected to be the fastest growing regional market for UP unwoven fabric, at an estimated CARR of 10. 3% from 2014 to 2020.
North American demand for UP unwoven fabric is expected to reach USED 6. 91 billion by 2020. ; The global UP unwoven fabric industry is fragmented with top five participants accounting for over 40% of global market in 2013. Leading companies have been involved in frequent M&A activities
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