Global Nonwoven Fabrics market accounted for $47 billion in 2018 and is expected to reach $98.78 billion by 2026 growing at a CAGR of 9.3% during the forecast period.
Increase of modern healthcare in developing markets, rise in awareness about environment-friendly Fabrics and growing demand from construction and automotive industries are some of the factors propelling the market growth. However, high cost for raw materials and growing strict regulations for textile industry are hampering the market growth. One of the major opportunity are the growing importance of Geotextiles.
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