The Spunbond Nonwovens Market Global Industry is projected to grow from USD 12.7 billion in 2018 to USD 18.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period.
Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=49898240
The growth of the spunbond nonwovens market can be attributed to the increased consumption of spunbond nonwovens due to the growing population and demand for spunbond nonwovens from hygiene and medical segments.
Key Market Players
Major companies 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). These players have adopted expansions, investments, acquisitions, collaboration, new product launches, and mergers as the major strategies to consolidate their position in the market. Expansion has been the most dominant strategies adopted by the major players between 2013 and 2018.
Based on material type, polypropylene is expected to grow at the highest CAGR during the forecast period
The polypropylene segment is expected to be the largest and fastest-growing segment in the spunbond nonwovens market, by material type during the forecast period, 2018–2023. The high melting point of polypropylene (160° C–170° C) acts as an advantage in the processing of nonwovens. Polypropylene fibers can be softened sufficiently to bond to one another without destroying fiber properties. Nonwoven fibers made from polypropylene can, therefore, be fusion-bonded, eliminating the need for chemical binders. The benefits of this technique include both, energy saving and environmental friendliness. Polyester is expected to be the second-largest and fastest-growing material type segment in the spunbond nonwovens market globally during the forecast period, 2018–2023.
Rising population and increasing awareness regarding hygiene products have increased the demand for spunbond nonwovens globally.
Personal care & hygiene, medical, agriculture, packaging, and automotive are some of the key end-use segments in the spunbond nonwovens market. Personal care & hygiene is expected to be the largest and fastest-growing segment during the forecast period. Medical is expected to be the second-largest and fastest-growing end-use segment during the forecast period.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=49898240
Asia Pacific spunbond nonwovens market is expected to grow at the highest CAGR during the forecast period.
The Asia Pacific region is estimated to be the largest spunbond nonwovens market in 2018. China, India, Japan, and South Korea are the major countries in this regional spunbond nonwovens market. Rising disposable income has resulted in the increasing demand for disposable diapers, feminine hygiene items, and wipes, thus, driving the growth of the market. Various leading players have been carrying out strategic expansion activities in the region to meet the growing demand from various end users.
About MarketsandMarkets
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Shelly Singh
Markets and Markets
Tower No - B5
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
Apologies in advance for the spam, I assure you, it's for a good cause. I gave you a tiny ass vote, you won't notice it, but, I did.
^flag !popcorn
@animalcontrol is a spam bot run by @fulltimegeek as part of his flag campaign against users who speak out against him.
This is his way of having a little hissy fit because we refuse to believe the Earth is flat.
Free speech?!?! Nah, not unless you believe the Earth is flat or hosts elevator using aliens!! Right, @fulltimegeek?