Asia Nonwovens Technology Expo (ANTEX Asia 2024) goes beyond showcasing the current state of the industry

Asia Nonwovens Technology Expo (ANTEX Asia 2024) goes beyond showcasing the current state of the industry

The global nonwoven fabrics market is witnessing significant growth, by 2027, the market is expected to reach USD73.13 billion, with a CAGR of 7.5%¹.

The favorable demographics, economic conditions, and expanding market penetration in Southeast Asia make it an attractive region for nonwovens. With four global disposable hygiene product manufacturers establishing their presence in Southeast Asia, the region has emerged as a popular export manufacturing base. Notably, Thailand leads the nonwoven market, boasting a rapid-growth nucleus with a 48% market share and 162,000 tons of capacity distributed among four major producers². By 2023, Thailand is poised to house the largest concentration of spunbonded polypropylene capacity in Southeast Asia.

Thailand also holds the distinction of being Southeast Asia’s largest automobile producer, manufacturing 1.88 million vehicles in 2022. With a focused push towards the Electric Vehicle (EV) industry, experts predict annual vehicle production to exceed 1.9 million units³. The utilization of nonwoven materials in automobile manufacturing further highlights the substantial and growing market in Thailand.

Asia Nonwovens Technology Expo (ANTEX Asia) goes beyond showcasing the current state of the industry. It also highlights the prevailing market trends. A prominent emphasis on sustainability takes center stage, with manufacturers actively integrating recycled or biodegradable materials and adopting eco-friendly production processes. Additionally, advancements in technology and automation play a pivotal role in enhancing product quality, performance, and manufacturing efficiency.

Discover the future of nonwoven fabrics and gain a competitive edge in this rapidly evolving market at ANTEX Asia, the premier summit that showcases the intersection of innovation and sustainability in the nonwoven industry. Esteemed leaders and experts unveil the latest industry insights and technologies, presenting new fabric materials that enable responsible production and enhance sustainability within the industry.

Explore the dynamic world of nonwoven textiles, stay ahead of the curve, and become part of the transformative journey in this unique opportunity provided by ANTEX Asia.

Website : https://www.antexasia.com

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〈Asia Nonwovens Technology Expo (ANTEX Asia 2024) goes beyond showcasing the current state of the industry〉這篇文章最早發佈於《香港新聞網》。