Global Spunbond Nonwovens Market is expected to grow at a CAGR of 7.78% during the forecast period from 2019-2025

As per the report published by Fior Markets, 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.Asia Pacific region emerged as the leader in the global demand for the spunbond nonwovens with a 36.41% share of market revenue in 2017.

"Spunbond Nonwovens Market by Function (Disposable, Durable), Material (Polypropylene, Polyethylene, Others),End Use, Regions",and Global Forecast 2018-2025.

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Major players in the global spunbond nonwovensmarket are Schouw & Co., Mitsui Chemicals, Inc, Johns Manville Corporation, Fitesa S.A., RadiciGroup SpA, 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. In order to effectively satisfy the burgeoning demand for the spunbond nonwovens in the Asia Pacific market the major players are increasingly focusing on augmenting their production capacities. For instance Toray Industries in 2018, announced its plans to invest USD 40 million in India for the purpose of expanding their production capacities. This new production capacity will house a state-of-the-art polypropylene spunbond nonwovens line to meet growing demand for the materials in the Indian disposable diaper market.

Function segment is divided into disposable and durable. Owing to their widespread application in thepersonal 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.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 nonwovensmarket with a 39.93% share of market revenue in 2017.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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Even though the factors such as increasing utilization of the spunbond nonwovens in the healthcare sector as well asgrowing preference for the disposable products are driving the global spunbond nonwovensmarket, the volatility in the raw material prices and the single use nature of spunbond nonwoven textiles are anticipated to hold back the growth of the market.

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