Smithers Apex: Demand for nonwovens for world filtration market to grow to $4.6 billion by 2019




LEATHERHEAD, UK, September 18, 2014-

The market for nonwovens for filtration is forecast to grow from $3.5 billion in 2014 to $4.6 billion in 2019 at a compound annual growth rate of 5.6%, according to a new market study by Smithers Apex.

The slow and uneven recovery of global economies from the recent recession has had a significant impact upon the growth of nonwovens for filtration. With some of the key markets in automotive and construction still growing slowly in some regions, nonwovens for filtration has had to aggressively replace older filter media materials, like paper and textiles, as well as enhance its own performance in order to maintain growth at 5.6%.


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