A three-pronged approach was followed for deducing the polypropylene nonwoven fabric market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:
Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for polypropylene nonwoven fabric market to gather the most reliable and current information possible.
Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of polypropylene nonwoven fabric market data depending on the type of information we’re trying to uncover in our research.
Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.
Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.
Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.
Qualitative Functional Deployment (QFD) Modelling for market share assessment.
Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.
Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.
Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.
This step also entails the finalization of the report scope and data representation pattern.
Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.
The polypropylene nonwoven fabric market was categorized into three segments, namely product (Spunbound, Staples, Meltblown, Composite), application (Hygiene, Industrial, Medical, Geotextiles, Furnishings, Carpet, Agriculture, Automotive), and regions (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa).
The polypropylene nonwoven fabric market was segmented into product, application, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:
Demand estimation of each product across countries/regions summed up to from the total market.
Variable analysis for demand forecast.
Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.
Primary interviews for data revalidation and insight collection.
Used extensively for new product forecasting or analyzing penetration levels.
Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.
Primary interviews and vendor-based primary research for variable impact analysis.
The polypropylene nonwoven fabric market was analyzed at a regional level. The global was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into twenty-four countries, namely, the U.S.; Canada; Mexico; the UK.; Germany; France; Spain; Italy; Russia; China; Japan; India; South Korea; Oceania; Taiwan; Thailand; Malaysia; Brazil; Argentina; Saudi Arabia; Turkey; South Africa; Egypt; UAE.
All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.
The polypropylene nonwoven fabric market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:
Lydall, Inc.: The company was established in 1869 and is headquartered in Connecticut, U.S. The company designs and manufactures specialty-engineered products for acoustical and filtration markets. The company's three business operation segments comprise performance materials, technical nonwovens, and thermal acoustic solutions. The performance materials segment includes filter media solutions for several air, fluid power, and industrial applications. the technical nonwovens segment includes nonwovens for liquid filtration, laundry equipment, home appliances, automotive, business machines, and air pollution control. The thermal acoustical solutions segment includes noise & heat abatement solutions for the transportation and industrial sectors. The company has 18 manufacturing facilities in the U.S., Germany, France, China, Canada, and UK, and multiple sales & distribution offices in across North America, Asia Pacific, and Europe. As of December 2019, the company had an employee strength of about 3,250, inclusive of artisans, engineers, R&D professionals, logistics staff, sales personnel, and daily wage workers. As per the annual report 2019, the performance materials segment accounted for about 29% of net sales, technical nonwovens for 30%, and the rest 41% for thermal acoustic solutions.
First Quality Nonwovens, Inc.: The company was established in 1989, headquartered in Great Neck, New York, and was previously known as First Quality Fibers. In March 2001, the company was officially renamed as First Quality Nonwovens. The company is primary engaged in the manufacturing of spunbond and spunmelt nonwovens. It serves various industries, including hygiene, industrial, medical, and filtration. It operates as a subsidiary of First Quality Enterprise, Inc. The company operates 9 facilities in 7 locations in the U.S. and 1 facility in Canada. Its product portfolio includes adult incontinence products, baby care & feminine care products, household care, and rigid & flexible packaging products. The company markets its products under various brands including Dry-Fit, Prevail, Cuties, and incognito, among others.
Pegas Nonwovens a.s.: The company was established in 1990 and is headquartered in Znojmo, Czech Republic. In 2017, the company approved its name change to PFNonwovens a.s. It is engaged in the production and supply of nonwoven textiles and majorly operates in Europe and the Middle Eastern region. The company operates nine production facilities in the Czech Republic and one in Egypt with an annual production of 120 thousand tonnes of nonwoven fabric. The company manufactures nonwoven textiles, primarily for the hygiene products market. It supplies its customers with spunmelt polypropylene and polyethylene-based textiles principally for use in disposable hygiene products such as baby diapers, adult incontinence, and feminine hygiene products, as well as, construction, agricultural, and medical applications. With a workforce of 578 employees in 2016, the company currently operates nine production lines in the Czech Republic with a production capacity of 100,000 tonnes per annum of nonwoven fabric and one production line in Egypt with a production capacity of 20,000 tonnes per annum. The company markets its nonwovens under the brand name Pegatex.
Schouw & Co.: Schouw was established in 1878, and is headquartered in Aarhus, Denmark. The company is an industrial conglomerate of six wholly owned companies operating in the B2B segment. The companies are BioMar, Fibertex Personal Care, Fibertex Nonwovens, GPV, HydraSpecma, and Borg Automotive. Biomar is involved in providing feed for the aquaculture industry. Fibertex personal care involves manufacturing spunbond/spunmelt nonwovens for the personal care industry. Fibertex Nonwovens manufactures industrial nonwovens for cars, construction, and filtration solutions. GPV is involved in the manufacturing of electronics, mechanics, and mechatronics. HydraSpecma is a solutions and components provider for Nordic-based OEM manufacturers, and Borg Automotive is involved in the remanufacturing of automotive. Schouw’s wholly-owned business operates 60 manufacturing facilities in more than 60 countries. As of December 2019, the company had an employee strength of about 9,600 employees, inclusive of engineers, R&D professionals, sales personnel, and daily wage workers in its six subsidiaries. As per the annual report 2019, Biomar accounted for about 53% of the market share, 10% by Fibertex personal care, 8% by Fibertex nonwovens, 15% by GPV, 10% by HydraSpecma, and the remaining 4% by Borg Automotive.
Mitsui Chemicals, Inc.: The company was established in 1997 and headquartered in Japan. Mitsui is a chemical manufacturer, which provides technologies and materials for various business sectors. As of December 2020, the company employs 17,979 people worldwide as of December 2020. The company has a total number of 156 subsidiaries and affiliates. It has domestic sites in Nagoya, Osaka, Fukuoka, Ichihara, Mobara, and Omuta and operates in 31 countries across the globe. The company’s domestic subsidiaries and affiliates include Chiba Chemicals, Manufacturing, DM Novafoam, DUPONT-Mitsui Flurochemicals, among others. Whereas company’s overseas subsidiaries and affiliates includes Sun Alloys, Acomon S.r.l., Mitsui Chemicals Nonwovens (Tianjin), Shanghai Sinopec Mitsui Chemical Co. Ltd., Mitsui Hygiene Materials, and Kulzer LLC, among others. Mitsui Chemicals, Inc. manages its business in five reportable business segments: namely, Mobility, Health Care, Food & Packaging, Basic Materials, and Next Generation Business. The mobility business segment is engaged in the production of elastomers, performance materials, PP compounds, and performance polymers. The healthcare segment produces vision care materials, nonwovens, personal care materials, and dental materials.
Toray Industries, Inc. The company is a conglomerate corporation founded in 1926 and headquartered in Japan. Formerly known as Toyo Rayon Co. Ltd., the company is primarily manufacturing, processes, and markets textiles & fibers, plastics, chemicals, IT-related products, carbon fiber composite materials, environment and engineering products, and life science products. The company offers filament yarns, staple fibers, spun yarns, woven and knitted fabrics of nylon, polyester, and acrylics, nonwoven fabrics, and ultra-microfiber nonwoven fabrics, among others. As of March 2019, the company had a workforce of 48,031 and operates a total number of 255 subsidiaries and affiliates across 26 countries. While the company has a presence throughout Asia, Europe, North and South America, operations in Japan account for the majority of the company’s revenue. The company manages its business in six reportable business segments: Fibers & Textiles, Plastics & Chemicals, IT-related Products, Carbon Fiber Composite Materials, Environment & Engineering, and Life Science. For better operational efficacies, the company eliminated Plastics & Chemicals, and IT-related products and created a new segment called Performance Materials from fiscal year 2017 onwards.
Freudenberg Group: The company was established in 1849 by Carl Johann Freudenberg, and is headquartered in Weinheim, Germany. It is a German technology group of diversified companies. The company offers technological products and services. The company manages its operations through four reporting business segments, namely the seals and vibration control technology business area, performance materials business area, household products business area, and specialties and other business areas. With a workforce of over 49,000 employees as of 2020, the company operates its business in over 60 countries. The company operates its nonwoven business through its subsidiaries Freudenberg Performance Materials and Japan Vilene Company. Freudenberg Performance Material is a manufacturer of innovative technical textiles offering products to a broad range of markets and applications such as Apparel, Automotive, Building materials, Hygiene, Medical, Shoe & Leather Goods as well as Specialties. Freudenberg Performance Material is present across 14 countries, with its facilities in 60 locations. The company mainly uses synthetic polymers or fibers such as polyester, polypropylene, and polyamide for the manufacturing of nonwovens. The company has a wide spectrum of customers, ranging from small private companies to large multinational public companies.
Supply Side Estimates
Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.
Segment revenue determination via variable analysis and penetration modeling.
Competitive benchmarking to identify market leaders and their collective revenue shares.
Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.
Demand side estimates
Identifying parent markets and ancillary markets
Segment penetration analysis to obtain pertinent
revenue/volume
Heuristic forecasting with the help of subject matter experts
Forecasting via variable analysis
Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.
Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.
Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.
The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.
The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.
We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.
All market estimates and forecasts have been validated through primary interviews with the key industry participants.
Inflation has not been accounted for to estimate and forecast the market.
Numbers may not add up due to rounding off.
Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).
Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).
Latin America includes Central American countries and the South American continent
Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.
GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.
We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:
Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.
Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.
The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.