The global spunbond nonwovens market is expected to grow from USD 11.96 Billion in 2017 to USD 21.78 Billion by 2025, at a CAGR of 7.78% during the forecast period from 2018-2025. Growing demand for spunbond nonwoven from various end-use industries such as automotive, construction, agriculture, and others is projected to drive the market growth over the forecast period.
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Disposable segment is anticipated to grow at a CAGR of 9.83% in 2018-2025
Function segment is divided into disposable and durable. Owing to their widespread application in the personal care & hygiene and medical industry, the disposable spunbond nonwoven segment is projected to grow at an accelerated CAGR of 9.83% over the forecast period.
Polypropylene segment had a market value of USD 4.77 billion in 2017
Material segment is segmented into polypropylene, polyethylene, polyester, and others. As polypropylene spunbond nonwovens can be fusion-bonded, they completely eliminate the need for chemical binders, which results in considerable energy savings. Therefore the polypropylene segment emerged as the leading material segment in the global spunbond nonwovens market with USD 4.77 billion revenue in 2017.
Personal care & hygiene segment is anticipated to grow at a CAGR of 9.96% in 2018-2025
End use segment is fragmented into personal care & hygiene, medical, agriculture, packaging, automotive and others. Due to their properties for absorbency, liquid repellency, resiliency, stretchability, softness, strength, washability, cushioning, and bacterial barrier and sterility, the spunbond nonwovens have a wide application value in the personal care & hygiene sectors. Thus based on these aforementioned factors the personal care & hygiene segment is anticipated to progress at the fastest CAGR of 9.96% over the forecast period.
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Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. Factors such as growing disposable income and the improvement in the living standards giving rise to a huge demand for the disposable diapers, female hygiene products, and wet wipes led the Asia Pacific to emerge as the leading region in the global demand for the spunbond nonwovens with USD 4.35 billion revenue over the forecast period.
Major players in the global spunbond nonwovens market are Schouw& Co., Mitsui Chemicals, Inc, Johns Manville Corporation, Fitesa S.A., RadiciGroupSpA, Avgol Nonwovens, Kimberly-Clark Corporation, Berry Plastics Group, Inc., Toray Industries, Inc., Asahi Kasei Corporation, Pegas Nonwovens SA, Kuraray Co., Ltd., Kolon Industries, Inc., E. I. du Pont de Nemours and Company, Mogul, Asahi Kasei Corporation, Avgol Ltd, Sunshine Nonwoven Fabric Co., Ltd, Don & Low, and among others.
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