The global composite melt-blown filtration material market size was USD 1767.4 million in 2020. The COVID-19 pandemic has negatively affected several markets globally. This market is expected to grow slowly during the COVID-19 pandemic. As per our research, the market is projected to exhibit a CAGR of 8.58% during the forecast period. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
SEGMENTATION
By Type
According to type; the market is divided into net weight 85-90 (g/m2), net weight 90-100 (g/m2), and net weight above 100 (g/m2)
By Application
Based on the application; the market is divided into household air cleaners and car air conditioners
Car air conditioners lead the segment of application in the global composite melt-blown filtration material market. This is due to air car conditioners being used comparatively more than air cleaners.
LIST OF MARKET PLAYERS PROFILED
Berry Global (U.S.)
Kimberly-Clark (U.S.)
Toray (Japan)
Monadnock Non-Wovens (U.S.)
SWM (U.S.)
Lydall (U.S.)
H&V (U.S.)
Mitsui Chemicals (Japan)
Fitesa S.A. (Brazil)
Neenah (U.S.)
Don & Low (U.K.)
Welcron Group (South Korea)
Zisun Technology (China)
Xinlong Group (China)
Handanhy (U.K.)
Mingguan (China)
INDUSTRY DEVELOPMENT
January 2021: RadiciGroup, an Italia-based chemicals company invested in a new production line for the melt-blown nonwoven for manufacturing of protective face masks and personal protective equipment (PPE kits). The new production line has an investment of USD 196 million. The new production line is set in Tessiture Pietro Radici SpA.
August 2020: MELTBLO France, a French company announced that it will start its new commercial production line of melt-blown nonwovens in April 2021.
REPORT COVERAGE
This research profiles a report with widespread studies that take into an explanation of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.