Moving into the fourth quarter, the price of Non-Woven Fabric in the European market continued to feel the impact of supply shortage and by the end of the year prices had touched fresh hikes due to global surge in feedstock PP prices and rising container freight shortage. In October, EU remained the largest Non-Woven export market, registering an increase of about 18.9% over October 2019. Moreover, several German buyers were heard closing their January orders in advance looking at the exponential surge in COVID-19 cases. Regional producers continued to face the heat of surging feedstock PP triggering a spike in non-woven and fiber grades, which seemed to continue in the near-term.
ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.
Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.
Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.
ChemAnalyst gathers information through primary research surveys conducted with various Non-Woven Fabric manufacturers, spread across the domestic and international markets, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of the company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.
Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Non-Woven Fabric market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.
Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.
Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence the Global Non-Woven Fabric market.
Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.
Finally, region-specific markets for Non-Woven Fabric are analyzed and region-wise demand pattern is tracked.
Non-woven fabrics are flat, porous sheets or web structures made from staple fiber (short) and continuous fiber (long), bonded together into cohesive fabrics by using mechanical, thermal, solvent treatment or chemical force. Contrary to the traditional materials, like cotton, linen, wool, and silk; production of Non-Woven fabric does not require special weaving or knitting. Non-woven fabrics are used in a number of industries. In the healthcare industry, non-woven fabrics are used for making isolation gowns, surgical scrubs, and in packaging applications. In the carpeting industry, they are used for carpet backing and in the fashion industry these are used for making insulation and protection clothing, industrial workwear, chemical defense suits, shoes parts, etc. Different type of Non-woven Fabrics are available based on the method in which fibers are bonded together. Various production methods include mechanical bonding (fiber entanglement), chemical bonding (fibers are chemically bound using glue-like compounds), or thermal bonding (where heat is used to melt the fibers together). Spun melt is a generic term used to describe the Non-woven webs manufactured directly from thermoplastic polymers. The product under consideration i.e., Polypropylene (PP) grade Non-Woven Fabric uses PP granules as the raw material which are extruded into filaments through spinnerets which are then attenuated through pair of hot cylinders acting as a bonding agent.