logo

Sign me up!

FREE MEMBERSHIP

Get your FREE Innovation in Textiles membership. Sign up now...

8th August 2017, Pune

Spunbond nonwovens market to reach $16 billion

Disposable spunbond nonwovens is the fastest-growing function segment of the spunbond nonwovens market. The spunbond nonwovens market is expected to be valued at US$ 10.73 billion in 2017 and is likely to reach US$ 16 billion by 2022, at a CAGR of 8.3% from 2017 to 2022, according to the latest report published by MarketsandMarkets.

The report Spunbond Nonwoven Market by Function (Disposable, Non-disposable), Material Type (PP, PE, Polyester), End Use (Personal Care & Hygiene, Medical, Agriculture, Packaging, Automotive), and Region - Global Forecast to 2022 features 183 market data tables and 54 figures spread through 198 pages and in-depth TOC on spunbond nonwoven market.

Key growth drivers

Growing preference for spunbond nonwovens, increasing use of spunbond nonwovens in the medical sector, and high demand for polypropylene spunbond nonwovens are the key factors driving the growth of the spunbond nonwoven market, according to the report.

Disposable spunbond nonwovens is the fastest-growing function segment of the spunbond nonwovens market. Based on function, the disposable segment is expected to grow at the highest CAGR from 2017 to 2022. Disposable spunbond nonwovens are widely utilised by various end-use industries, major ones being personal care and hygiene and medical. There is a high demand for disposable spunbond nonwovens in these segments as it is an affordable alternative to traditional textiles and can be disposed-off after each use.

Fastest-growing material type

Polypropylene is the fastest-growing material type in the spunbond nonwovens market. Based on material type, the polypropylene spunbond nonwovens segment is expected to grow at the highest CAGR from 2017 to 2022.

Polypropylene spunbond nonwovens is the preferred material type by the key end-use segments such as personal care and hygiene and medical, along with agriculture to some extent. The increasing awareness regarding the benefits of this material has resulted in the high demand globally.

Fastest-growing end use segment

Personal care and hygiene is the fastest-growing end use segment of the spunbond nonwovens market. The segment is expected to grow at the highest CAGR from 2017 to 2022.

Spunbond nonwovens have specific properties such as absorbency, liquid repellency, resilience, stretch, softness, strength, washability, cushioning, bacterial barrier, and sterility that allow them to deliver high-performance, which is mainly required in the personal care & hygiene sector. Thus, there is a high demand for spunbond nonwoven by this segment.

Fastest-growing regional segment

The spunbond nonwovens market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. China, India, Japan, and South Korea are the key countries contributing to the high demand for spunbond nonwovens in the Asia Pacific region.

Availability of cheap labor and raw materials has resulted in Asia Pacific to be the preferred region for expansion by various leading manufacturers across the globe, thus making the region to be fastest-growing spunbond nonwovens market.

Some of the leading players operating in the spunbond nonwovens market include Schouw & Co. (Denmark), Mitsui Chemicals, Inc. (Japan), Johns Manville Corporation (US), Fitesa S.A. (Brazil), RadiciGroup SpA (Italy), Avgol Nonwovens (Israel), Kimberly-Clark Corporation (US), Berry Plastics Group, Inc. (US), Toray Industries, Inc. (Japan), Asahi Kasei Corporation (Japan), Pegas Nonwovens SA (Luxembourg), Kuraray Co., Ltd. (Japan), Kolon Industries, Inc. (South Korea), E. I. du Pont de Nemours and Company (US), and Mogul (Turkey), among others.

www.marketsandmarkets.com

This article is also appears in...

Comments

Be the first to comment on Spunbond nonwovens market to reach $16 billion

|