Global Spunbond Nonwovens Market is Projected to Register a Healthy CAGR of 8.53

Posted by nileshdbmr on October 18th, 2019

Global Spunbond Nonwovens Market is expected to rise from its initial estimated value of USD 11.64 billion in 2018 to an estimated value of USD 22.40 billion by 2026, registering a CAGR of 8.53% in the forecast period of 2019-2026. Increase in the living standards is the major reason for the growth of this market.

Nonwoven fabric is a material which is made from staple fiber and long fibers and is used in textile industry. They are combined together by chemical, mechanical or solvent treatment. Absorbency, liquid repellence, softness, thermal insulation, filtration, washability etc. are some of the functions of the nonwoven fabric. They are used in medical, geotextiles and filters. They are manufactured by putting small fiber in the form of sheet then binding is done with the adhesive.

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Competitive Analysis: Global Spunbond Nonwovens Market

Global spunbond nonwovens market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of spunbond nonwovens market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Spunbond Nonwovens Market

Few of the major competitors currently working in spunbond nonwovens market are Sunshine Nonwoven Fabrics Co. Ltd, Fitesa, Radici Partecipaioni SpA, Fiberwebibdia Ltd., Surya Tex Tech, Asahi Kasei Corporation, Zhejiang Kingsafe Nonwoven Fabric Co., Ltd, TORAY INDUSTRIES, INC., Ruiguang Nonwoven Group Co.,Ltd. Ruiyuan Company, KOLON INDUSTRIES, INC., Mogul, Shandong Huifeng Petrochemical Limited Company, Wonderful Nonwoven, Freudenberg Group. 

Segmentation: Global Spunbond Nonwovens Market

•          By Material (Polyester Spunbond Nonwoven, Polypropylene Spunbond Nonwoven, Polyethylene Spunbond Nonwoven)
•          By Function (Non-disposable, Disposable)
•          By  Application (Agriculture, Medical & Hygiene, Automotive)
•          By End-Use Industry (Agriculture, Personal Care & Hygiene, Automotive)
•          By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers:

•          They have high tear and tensile strength and are consistent in higher temperature.
•          Nonwoven are non-toxic and non- irritant as they are produced as they are made according to the FDA food grade raw material.

Market Restraints:

•          They have limited life and are single- use fabric which is restraining the growth of this market.
•          Like other fabrics they cannot be cleaned.

Key Insights in the report:

•          Complete and distinct analysis of the market drivers and restraints
•          Key Market players involved in this industry
•          Detailed analysis of the Market Segmentation
•          Competitive analysis of the key players involved

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