Spunbound Nonwovens Market Development, Growth And Forecast By 2023

Spunbound Nonwovens Market is estimated to value $11,040.1 million in 2017 and is projected to grow at a CAGR of 8.1% during the forecast period. Increasing demand for the spunbound nonwoven fabric for manufacturing wipes, diapers, adult incontinence products, feminine hygiene products, and surgery clothing is driving the growth of the spunbound nonwovens market.

The spunbound nonwovens market has been categorized into polypropylene, polyester, polyethylene, polyurethane, and others, where the category of “others” includes polyamide and rayon. In terms of value, polypropylene is estimated to hold the largest share, accounting for more than 65.0%, in the market in 2017. The dominant market share of polypropylene can be attributed to its lower price, superior strength, and higher chemical resistance, as compared to other types of spunbound nonwovens.

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Asia-Pacific has been holding the largest share in the spunbound nonwovens market and is estimated to contribute more than 40.0% share to the market in 2017. China, in particular, is the largest market for this fabric in the world. This is mainly because of the large industrial base and growing per capita income of the country. These factors are boosting the demand for hygiene and personal care products made using this fabric.

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Growing per capita income and increasing awareness on personal hygiene have resulted in the increased sales of products such as diapers, toddler training pants, and feminine hygiene pads. All these products promote skin health and personal hygiene. Also, countries such as Japan, Germany, and Italy are witnessing rapid growth in geriatric population, which is expected to boost the demand for adult incontinence products.

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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