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PP (Polypropylene) Nonwoven Fabrics-Global Market Insights and Sales Trends 2024
Synopsis
PP nonwoven fabric is a thermoplastic material with excellent comprehensive performance; moreover, it is small in density, easy to produce and has low production costs. However, it also has some defects, such as a low melting point, low thermal deformation temperature, poor creep-resistant performance, poor dimensional stability, low temperature brittleness, etc.
On the other hand, PP nonwoven fabric itself is resistant to erosion by mildew, but it cannot directly kill it. Furthermore, its side-chain polymers have flexible molecule chains and are non-polar, with the latter attribute making it difficult to blend with other polymers, and the weak molecule combination making its heat resistance poor. Thus, in order to expand the functions of PP nonwoven fabrics, it is necessary to modify and process it.
The global PP (Polypropylene) Nonwoven Fabrics market size is expected to reach US$ 16410 million by 2029, growing at a CAGR of 2.3% from 2023 to 2029. The market is mainly driven by the significant applications of PP (Polypropylene) Nonwoven Fabrics in various end use industries. The expanding demands from the Hygiene, Medical, Industrial and Furniture, are propelling PP (Polypropylene) Nonwoven Fabrics market. Spunbonded, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Composite segment is estimated at % CAGR for the next seven-year period.
Global Polypropylene (PP) Nonwoven Fabric main players are AVINTIV, Kimberly-Clark, First Quality, Toray, etc. Global top four manufacturers hold a share over20%. China is the largest market, with a share above 37%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for PP (Polypropylene) Nonwoven Fabrics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global PP (Polypropylene) Nonwoven Fabrics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global PP (Polypropylene) Nonwoven Fabrics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, PP (Polypropylene) Nonwoven Fabrics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of PP (Polypropylene) Nonwoven Fabrics covered in this report include Avgol Industries, Fibertex, Fiberweb, First Quality, Toray Industries, Mitsui Group and Kimberly-Clark Corporation, etc.
The global PP (Polypropylene) Nonwoven Fabrics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Avgol Industries
Fibertex
Fiberweb
First Quality
Toray Industries
Mitsui Group
Kimberly-Clark Corporation
Global PP (Polypropylene) Nonwoven Fabrics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global PP (Polypropylene) Nonwoven Fabrics market, Segment by Type:
Spunbonded
Composite
Meltblown
Global PP (Polypropylene) Nonwoven Fabrics market, by Application
Hygiene
Medical
Industrial
Furniture
Carpet
Geotextiles
Agriculture
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of PP (Polypropylene) Nonwoven Fabrics manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of PP (Polypropylene) Nonwoven Fabrics in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
PP nonwoven fabric is a thermoplastic material with excellent comprehensive performance; moreover, it is small in density, easy to produce and has low production costs. However, it also has some defects, such as a low melting point, low thermal deformation temperature, poor creep-resistant performance, poor dimensional stability, low temperature brittleness, etc.
On the other hand, PP nonwoven fabric itself is resistant to erosion by mildew, but it cannot directly kill it. Furthermore, its side-chain polymers have flexible molecule chains and are non-polar, with the latter attribute making it difficult to blend with other polymers, and the weak molecule combination making its heat resistance poor. Thus, in order to expand the functions of PP nonwoven fabrics, it is necessary to modify and process it.
The global PP (Polypropylene) Nonwoven Fabrics market size is expected to reach US$ 16410 million by 2029, growing at a CAGR of 2.3% from 2023 to 2029. The market is mainly driven by the significant applications of PP (Polypropylene) Nonwoven Fabrics in various end use industries. The expanding demands from the Hygiene, Medical, Industrial and Furniture, are propelling PP (Polypropylene) Nonwoven Fabrics market. Spunbonded, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Composite segment is estimated at % CAGR for the next seven-year period.
Global Polypropylene (PP) Nonwoven Fabric main players are AVINTIV, Kimberly-Clark, First Quality, Toray, etc. Global top four manufacturers hold a share over20%. China is the largest market, with a share above 37%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for PP (Polypropylene) Nonwoven Fabrics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global PP (Polypropylene) Nonwoven Fabrics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global PP (Polypropylene) Nonwoven Fabrics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, PP (Polypropylene) Nonwoven Fabrics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of PP (Polypropylene) Nonwoven Fabrics covered in this report include Avgol Industries, Fibertex, Fiberweb, First Quality, Toray Industries, Mitsui Group and Kimberly-Clark Corporation, etc.
The global PP (Polypropylene) Nonwoven Fabrics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Avgol Industries
Fibertex
Fiberweb
First Quality
Toray Industries
Mitsui Group
Kimberly-Clark Corporation
Global PP (Polypropylene) Nonwoven Fabrics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global PP (Polypropylene) Nonwoven Fabrics market, Segment by Type:
Spunbonded
Composite
Meltblown
Global PP (Polypropylene) Nonwoven Fabrics market, by Application
Hygiene
Medical
Industrial
Furniture
Carpet
Geotextiles
Agriculture
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of PP (Polypropylene) Nonwoven Fabrics manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of PP (Polypropylene) Nonwoven Fabrics in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 PP (Polypropylene) Nonwoven Fabrics Market Overview
1.1 PP (Polypropylene) Nonwoven Fabrics Product Overview
1.2 PP (Polypropylene) Nonwoven Fabrics Market Segment by Type
1.2.1 Spunbonded
1.2.2 Composite
1.2.3 Meltblown
1.3 Global PP (Polypropylene) Nonwoven Fabrics Market Size by Type
1.3.1 Global PP (Polypropylene) Nonwoven Fabrics Market Size Overview by Type (2018-2029)
1.3.2 Global PP (Polypropylene) Nonwoven Fabrics Historic Market Size Review by Type (2018-2023)
1.3.3 Global PP (Polypropylene) Nonwoven Fabrics Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America PP (Polypropylene) Nonwoven Fabrics Sales Breakdown by Type (2018-2023)
1.4.2 Europe PP (Polypropylene) Nonwoven Fabrics Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific PP (Polypropylene) Nonwoven Fabrics Sales Breakdown by Type (2018-2023)
1.4.4 Latin America PP (Polypropylene) Nonwoven Fabrics Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa PP (Polypropylene) Nonwoven Fabrics Sales Breakdown by Type (2018-2023)
2 Global PP (Polypropylene) Nonwoven Fabrics Market Competition by Company
2.1 Global Top Players by PP (Polypropylene) Nonwoven Fabrics Sales (2018-2023)
2.2 Global Top Players by PP (Polypropylene) Nonwoven Fabrics Revenue (2018-2023)
2.3 Global Top Players by PP (Polypropylene) Nonwoven Fabrics Price (2018-2023)
2.4 Global Top Manufacturers PP (Polypropylene) Nonwoven Fabrics Manufacturing Base Distribution, Sales Area, Product Type
2.5 PP (Polypropylene) Nonwoven Fabrics Market Competitive Situation and Trends
2.5.1 PP (Polypropylene) Nonwoven Fabrics Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by PP (Polypropylene) Nonwoven Fabrics Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in PP (Polypropylene) Nonwoven Fabrics as of 2022)
2.7 Date of Key Manufacturers Enter into PP (Polypropylene) Nonwoven Fabrics Market
2.8 Key Manufacturers PP (Polypropylene) Nonwoven Fabrics Product Offered
2.9 Mergers & Acquisitions, Expansion
3 PP (Polypropylene) Nonwoven Fabrics Status and Outlook by Region
3.1 Global PP (Polypropylene) Nonwoven Fabrics Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global PP (Polypropylene) Nonwoven Fabrics Historic Market Size by Region
3.2.1 Global PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Region (2018-2023)
3.2.2 Global PP (Polypropylene) Nonwoven Fabrics Sales in Value by Region (2018-2023)
3.2.3 Global PP (Polypropylene) Nonwoven Fabrics Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global PP (Polypropylene) Nonwoven Fabrics Forecasted Market Size by Region
3.3.1 Global PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Region (2024-2029)
3.3.2 Global PP (Polypropylene) Nonwoven Fabrics Sales in Value by Region (2024-2029)
3.3.3 Global PP (Polypropylene) Nonwoven Fabrics Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global PP (Polypropylene) Nonwoven Fabrics by Application
4.1 PP (Polypropylene) Nonwoven Fabrics Market Segment by Application
4.1.1 Hygiene
4.1.2 Medical
4.1.3 Industrial
4.1.4 Furniture
4.1.5 Carpet
4.1.6 Geotextiles
4.1.7 Agriculture
4.2 Global PP (Polypropylene) Nonwoven Fabrics Market Size by Application
4.2.1 Global PP (Polypropylene) Nonwoven Fabrics Market Size Overview by Application (2018-2029)
4.2.2 Global PP (Polypropylene) Nonwoven Fabrics Historic Market Size Review by Application (2018-2023)
4.2.3 Global PP (Polypropylene) Nonwoven Fabrics Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America PP (Polypropylene) Nonwoven Fabrics Sales Breakdown by Application (2018-2023)
4.3.2 Europe PP (Polypropylene) Nonwoven Fabrics Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific PP (Polypropylene) Nonwoven Fabrics Sales Breakdown by Application (2018-2023)
4.3.4 Latin America PP (Polypropylene) Nonwoven Fabrics Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa PP (Polypropylene) Nonwoven Fabrics Sales Breakdown by Application (2018-2023)
5 North America PP (Polypropylene) Nonwoven Fabrics by Country
5.1 North America PP (Polypropylene) Nonwoven Fabrics Historic Market Size by Country
5.1.1 North America PP (Polypropylene) Nonwoven Fabrics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Country (2018-2023)
5.1.3 North America PP (Polypropylene) Nonwoven Fabrics Sales in Value by Country (2018-2023)
5.2 North America PP (Polypropylene) Nonwoven Fabrics Forecasted Market Size by Country
5.2.1 North America PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Country (2024-2029)
5.2.2 North America PP (Polypropylene) Nonwoven Fabrics Sales in Value by Country (2024-2029)
6 Europe PP (Polypropylene) Nonwoven Fabrics by Country
6.1 Europe PP (Polypropylene) Nonwoven Fabrics Historic Market Size by Country
6.1.1 Europe PP (Polypropylene) Nonwoven Fabrics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Country (2018-2023)
6.1.3 Europe PP (Polypropylene) Nonwoven Fabrics Sales in Value by Country (2018-2023)
6.2 Europe PP (Polypropylene) Nonwoven Fabrics Forecasted Market Size by Country
6.2.1 Europe PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Country (2024-2029)
6.2.2 Europe PP (Polypropylene) Nonwoven Fabrics Sales in Value by Country (2024-2029)
7 Asia-Pacific PP (Polypropylene) Nonwoven Fabrics by Region
7.1 Asia-Pacific PP (Polypropylene) Nonwoven Fabrics Historic Market Size by Region
7.1.1 Asia-Pacific PP (Polypropylene) Nonwoven Fabrics Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific PP (Polypropylene) Nonwoven Fabrics Sales in Value by Region (2018-2023)
7.2 Asia-Pacific PP (Polypropylene) Nonwoven Fabrics Forecasted Market Size by Region
7.2.1 Asia-Pacific PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific PP (Polypropylene) Nonwoven Fabrics Sales in Value by Region (2024-2029)
8 Latin America PP (Polypropylene) Nonwoven Fabrics by Country
8.1 Latin America PP (Polypropylene) Nonwoven Fabrics Historic Market Size by Country
8.1.1 Latin America PP (Polypropylene) Nonwoven Fabrics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Country (2018-2023)
8.1.3 Latin America PP (Polypropylene) Nonwoven Fabrics Sales in Value by Country (2018-2023)
8.2 Latin America PP (Polypropylene) Nonwoven Fabrics Forecasted Market Size by Country
8.2.1 Latin America PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Country (2024-2029)
8.2.2 Latin America PP (Polypropylene) Nonwoven Fabrics Sales in Value by Country (2024-2029)
9 Middle East and Africa PP (Polypropylene) Nonwoven Fabrics by Country
9.1 Middle East and Africa PP (Polypropylene) Nonwoven Fabrics Historic Market Size by Country
9.1.1 Middle East and Africa PP (Polypropylene) Nonwoven Fabrics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa PP (Polypropylene) Nonwoven Fabrics Sales in Value by Country (2018-2023)
9.2 Middle East and Africa PP (Polypropylene) Nonwoven Fabrics Forecasted Market Size by Country
9.2.1 Middle East and Africa PP (Polypropylene) Nonwoven Fabrics Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa PP (Polypropylene) Nonwoven Fabrics Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Avgol Industries
10.1.1 Avgol Industries Company Information
10.1.2 Avgol Industries Introduction and Business Overview
10.1.3 Avgol Industries PP (Polypropylene) Nonwoven Fabrics Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Avgol Industries PP (Polypropylene) Nonwoven Fabrics Products Offered
10.1.5 Avgol Industries Recent Development
10.2 Fibertex
10.2.1 Fibertex Company Information
10.2.2 Fibertex Introduction and Business Overview
10.2.3 Fibertex PP (Polypropylene) Nonwoven Fabrics Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Fibertex PP (Polypropylene) Nonwoven Fabrics Products Offered
10.2.5 Fibertex Recent Development
10.3 Fiberweb
10.3.1 Fiberweb Company Information
10.3.2 Fiberweb Introduction and Business Overview
10.3.3 Fiberweb PP (Polypropylene) Nonwoven Fabrics Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Fiberweb PP (Polypropylene) Nonwoven Fabrics Products Offered
10.3.5 Fiberweb Recent Development
10.4 First Quality
10.4.1 First Quality Company Information
10.4.2 First Quality Introduction and Business Overview
10.4.3 First Quality PP (Polypropylene) Nonwoven Fabrics Sales, Revenue and Gross Margin (2018-2023)
10.4.4 First Quality PP (Polypropylene) Nonwoven Fabrics Products Offered
10.4.5 First Quality Recent Development
10.5 Toray Industries
10.5.1 Toray Industries Company Information
10.5.2 Toray Industries Introduction and Business Overview
10.5.3 Toray Industries PP (Polypropylene) Nonwoven Fabrics Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Toray Industries PP (Polypropylene) Nonwoven Fabrics Products Offered
10.5.5 Toray Industries Recent Development
10.6 Mitsui Group
10.6.1 Mitsui Group Company Information
10.6.2 Mitsui Group Introduction and Business Overview
10.6.3 Mitsui Group PP (Polypropylene) Nonwoven Fabrics Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mitsui Group PP (Polypropylene) Nonwoven Fabrics Products Offered
10.6.5 Mitsui Group Recent Development
10.7 Kimberly-Clark Corporation
10.7.1 Kimberly-Clark Corporation Company Information
10.7.2 Kimberly-Clark Corporation Introduction and Business Overview
10.7.3 Kimberly-Clark Corporation PP (Polypropylene) Nonwoven Fabrics Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Kimberly-Clark Corporation PP (Polypropylene) Nonwoven Fabrics Products Offered
10.7.5 Kimberly-Clark Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 PP (Polypropylene) Nonwoven Fabrics Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 PP (Polypropylene) Nonwoven Fabrics Industrial Chain Analysis
11.4 PP (Polypropylene) Nonwoven Fabrics Market Dynamics
11.4.1 PP (Polypropylene) Nonwoven Fabrics Industry Trends
11.4.2 PP (Polypropylene) Nonwoven Fabrics Market Drivers
11.4.3 PP (Polypropylene) Nonwoven Fabrics Market Challenges
11.4.4 PP (Polypropylene) Nonwoven Fabrics Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 PP (Polypropylene) Nonwoven Fabrics Distributors
12.3 PP (Polypropylene) Nonwoven Fabrics Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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