Introduction
According to a Markets and Markets analysis, the worldwide nonwoven production market is anticipated to expand at a CAGR of 7.5% between 2015 and 2020. Nonwovens are made from fibers that are either synthetic or natural and are not physically woven together. They are utilized in a variety of products, including undergarments, disposable diapers, automobile parts, and medical supplies.
Several firms are concentrating on SMS technology as the main method of client connection in order to enter the market for nonwoven machine. When orders are placed, when goods have been dispatched, and when processing issues occur, these businesses use SMS to provide alerts. These businesses want to build trust and foster client loyalty by giving customers real-time updates.
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Market Overview
The market prospect for SMS nonwoven production line is positive. Increasing demand for environmental protective products and increasing need for sustainable materials are the key drivers of the market. Additionally, there is a growing trend towards using renewable resources, which is expected to drive the market growth in the coming years. The market is expected to reach USD 1.5 billion by 2024.
SWOT Analysis
Due to the increased demand for environmentally friendly products, the rise in the number of electric vehicles, and rising income levels, the market outlook for SMS Nonwoven Production Line is positive. The market does, however, confront a number of difficulties, including high raw material costs and limited throughput rates.
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Market Segmentation
Due to its many benefits, including their high strength-to-weight ratios, low cost, and biocompatibility, nonwoven fabrics are becoming more and more used in a variety of industries. From 2016 to 2021, the market for SMS nonwoven production lines is anticipated to expand at a CAGR of 7.5%. This expansion is mostly related to the rising demand for nonwoven fabrics in the aerospace and automotive industries.
With more than half of the market share, the automobile industry is the major consumer of nonwoven materials. The use of SMS nonwovens in this industry is favored by how much lighter and greener cars are getting. Additionally expanding quickly, the aerospace industry is anticipated to hold a larger portion of the market over the next several years. This is as a result of growing demand for new aircraft designs that require lightweight and flexible materials.
The major vendors in the SMS nonwoven production line arena are Arkema, BASF SE, Celanese Corporation, Evonik Industries AG, and Hisamitsu Pharmaceuticals Co., Ltd. These companies are aggressively expanding their product lines and marketing efforts to capture a larger share of the market.
Regional Outlook
Both domestic and foreign clients have recently begun to pay more attention to the SMS nonwoven production line. The SMS nonwoven manufacturing line is becoming more and more well-liked among China's SMEs because to its high production efficiency, low production costs, and broad application range.
The market outlook for the SMS nonwoven production line is favorable, according to a research from the China Nonwoven Fabric Manufacturers Association (CNFA). The market value of SMS nonwoven products exported to other countries in 2017 was US$2.02 billion, up 13% from the previous year. In 2017, SMS nonwoven products exported to China had a market value of CNY25.59 billion, a 12% increase over 2016.
According to CNFA, this development is due to the rising demand for ecologically friendly and sustainable products, as well as the growing trend of using lightweight materials in various fields such as automotive engineering and construction. Furthermore, mobile technology is also providing new opportunities for the SMS nonwoven production line to expand into new markets. For example, there is increasing demand for SMS nonwovens for use in smart phones and other portable electronic devices.
Market Prospects for SMS Nonwoven Production Line
The global SMS nonwoven production line market is expected to grow at a CAGR of 5.5% during the forecast period 2016-2021. The increasing demand for advanced and sustainable textile products is expected to drive the market growth.
The key vendors in the SMS nonwoven production line market are BASF SE, Bayer AG, Evonik Industries AG, and Dow Chemical Company. These companies are focusing on developing new products and expanding their market presence. The major players in this market are also focusing on R&D to improve their product offerings.
Conclusion
Because SMS non woven fabric making machine production line has so many different uses across so many different industries, the market potential is enormous. Due to rising demand from the textile and clothing, automotive, and healthcare industries, the market for SMS nonwoven production lines is expanding quickly. This market is expanding as 3D printing technology is more used.
