Spunbound Nonwovens Market is Projected to Reach $17,651.9 Million by 2023: P&S Market Research

NEW YORK, April 09, 2018 -- According to the new report published by P&S Market Research, global spunbound nonwovens market is projected to reach $17,651.9 million by 2023, the market growth is mainly driven by the rising demand for these fabrics for the manufacturing of hygiene and personal care products, such as diapers, wipes, sanitary napkins, underpads, and personal wipes.

Spunbound nonwoven is a fabric made by bonding staple fibers and long fibers together. In the spunbound manufacturing process, fibers are spun and dispersed into a web using deflectors, which form a continuous fabric known as spunbound nonwoven.

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In terms of value, polypropylene has been contributing the largest share to the spunbound nonwovens market, owing to its relatively low cost and high strength as compared to other material types. Some of the major products manufactured using polypropylene are baby, female, and adult hygiene diapers; drapes; bags; surgical disposables; and wipes. Medical is expected to be the fastest-growing application area in the spunbound nonwovens market in the coming years. The growing penetration of healthcare services and rising healthcare expenditure are boosting the demand for these fabrics in the medical industry.

On the basis of function, the category of disposable spunbound nonwovens is expected to hold a larger share in the spunbound nonwovens market during the forecast period. These fabrics are used for manufacturing of baby diapers, female hygiene pads, and adult diapers. The demand for disposable products is expected to rise on account of their repeated usage.

Browse report overview with 119 tables 45 figures spread through 152 pages and detailed TOC on "Spunbound Nonwovens Market by Material Type (Polypropylene, Polyester, Polyethylene, Polyurethane), by Application (Hygiene & Personal Care, Medical, Building & Construction, Agriculture, Automotive, Packaging), by Function (Disposable, Non-Disposable), by Geography (China, India, Japan, South Korea, Germany, U.K., France, Italy, U.S., Canada, Brazil, Mexico, Saudi Arabia, Egypt, South Africa, U.A.E.) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023" at:https://www.psmarketresearch.com/market-analysis/spunbound-nonwovens-market

Globally, APAC has been leading the spunbound nonwovens market in terms of value and is estimated to hold more than 40.0% share in the market in 2017. China, India, and Japan are among the world’s most populated countries and generate high demand for the fabric for the manufacturing of personal hygiene products. Also, rapid industrialization in these countries is expected to boost the consumption of the fabric in automotive, building and construction, and packaging industries. Besides, growing population and expanding industrial base are expected to contribute to the growth of the market in APAC.

Countries like China, India, Nigeria, Indonesia, Poland, and Malaysia have witnessed rapid economic transformation in the past few decades. Majority of these nations have a high population growth rate along with improved standard of living. These factors make these developing countries suitable markets for personal care and hygiene, and medical products. Besides, these countries have fast-growing construction and automotive industries, which are major end users of spunbound nonwovens. Hence, developing countries with a high economic growth rate are expected to contribute to the spunbound nonwovens market growth.

Some of the major players operating in the global spunbound nonwovens market are PEGAS NONWOVENS SA, Mitsui Chemicals Inc., Kimberly-Clark Corporation, Berry Global Inc., Toray Industries Inc., Schouw & Co., Johns Manville Corporation, Asahi Kasei Corporation, Radici Partecipazioni SpA, and DowDuPont Inc.

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