A more recent type of textile gear that can create a range of fabrics from meltblown yarns is the meltblown non woven fabric machine. High-quality nonwoven fabrics are produced using a meltblown nonwoven fabric manufacturing machine. The manufacture of unique sorts of fabrics also uses the meltblown nonwoven fabric making machine.
Meltblown nonwoven fabric making machine market overview
The market for machines to make meltblown nonwoven fabrics is anticipated to expand at a CAGR of 7.6% from 2019 to 2024. This is a result of rising demand from a variety of end users, including the garment, automotive, and home furnishings industries. Additionally, growing R&D spending by key companies will aid in the expansion of the market. The competitive environment, however, makes market expansion difficult.
GKN (UK), Zhejiang Huaxin Machinery Manufacturing Company Ltd., Suzhou Jinyu Science and Technology Co., Ltd., Chengdu Hengxing Nonwoven Textile Co., Ltd., and Shanghai Yiqian Nonwoven Fabric Manufacturing Co., Ltd. are a few of the major firms active in the Meltblown nonwoven fabric making machine market.
Meltblown nonwoven fabric making machine market dynamics
Due to their superior thermal insulation, water resistance, breathability, and softness, nonwoven textiles have become crucial components in many industrial and consumer applications. In the coming years, it is anticipated that demand for meltblown nonwoven fabric manufacturing equipment would increase significantly because to the growing demand for green and sustainable products.
The market for meltblown nonwoven fabric making machine is divided into segments based on product type, application, and geography. The product type sector is further broken down into the following three subsegments: automobile interiors, indoor air quality (IAQ), and others. The flooring and clothes subsegments make up the application segment. Latin America, North America, Europe, Asia Pacific (APAC), and the Middle East and Africa make up the five regions that make up the region sector (MEA).
Geographically, the meltblown nonwoven fabric producing machine market is dominated by North America, with a share of more than 50%. This is primarily caused by the region's high demand for car interiors. With a market share of about 30%, Europe comes in second. In the upcoming years, APAC is anticipated to hold a sizeable portion of the market.
Meltblown nonwoven fabric making machine market opportunities
The market potential for meltblown nonwoven fabric manufacturing equipment is quite promising because of the rising demand from numerous sectors, including the garment, home furnishings, and automotive industries. The popularity of green and sustainable products is expanding, which is helping the market expand. Additionally, the demand for machines to make meltblown nonwoven fabrics is being driven by the growing awareness of the need to minimize carbon footprints.
Siemens AG (Germany), ABB Ltd. (Sweden), Zhejiang Gaoyuan Machinery Co., Ltd. (China), Mitsubishi Rayon Co., Ltd. (Japan), and Shanghai Shimao Machinery Manufacturing Company Limited are some of the major participants in the meltblown nonwoven fabric production market (China). These businesses are currently concentrating on creating new types of machinery that will be able to satisfy the rising demand for meltblown nonwoven fabric.
Meltblown nonwoven fabric making machine market risks
The market for machines that make meltblown nonwoven machinery fabrics is expanding quickly because of the many advantages they provide to both the manufacturer and the consumer. The market is anticipated to expand at a CAGR of 7.8% from 2019 to 2024. More demand for textile products, increased knowledge of the advantages of meltblown nonwovens, and increased investment in research and development for this kind of fabric are the main drivers of this expansion. The market is nevertheless susceptible to a number of hazards, such as those brought on by the competitiveness of the sector, technical improvements, and prevailing economic conditions. Manufacturers are concentrating on creating cutting-edge technology and goods that can meet particular client needs in order to assist reduce these risks.