Stratview Research has published a new report on the Spunbond Nonwovens Market, segmented by Function Type (Disposable and Durable), by Material Type (Polypropylene, Polyethylene, Polyester, and Others [Polyamide, Polyurethane, Polylactic Acid, and Bico]), by End-Use Industry Type (Personal Care & Hygiene, Medical, Agriculture, Packaging, Automotive, and Others [Construction, Geotextile, and Filtration]), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
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Market Highlights
Spunbond nonwovens market is likely to witness a healthy CAGR of 7.5% during the forecast period. The prime factors contributing to the demand for spunbond nonwovens are increasing population and increasing awareness related to personal hygiene products especially in developing countries.
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Covid Impact
Covid-19 has impacted the market dynamics, competition, and global supply chain of every possible market one can think of. The revenues for many, have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operations and strategy will sustain and beat the competition.
Segmentation –
This report studies the Spunbond Nonwovens Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
Based on the function type, the spunbond nonwovens market is segmented as disposable and durable. Disposable spunbond nonwovens dominated the market with their major use in personal care & hygiene. Increasing usage of disposable hygiene products including baby diapers, sanitary napkins, and adult diapers in developing countries is driving the disposable spunbond nonwovens market.
Based on the material type, the market is segmented as polypropylene, polyethylene, polyester, and others. Polypropylene-based spunbond nonwovens dominated the market in 2020, and are expected to remain dominant during the forecast period. Polypropylene is extremely versatile with competitive price and hence, is majorly used in the market.
Based on the end-use industry type, the market is segmented as personal care & hygiene, medical, agriculture, packaging, automotive, and others. Personal care & hygiene is expected to dominate the market during the forecast period owing to its significant usage in baby diapers and feminine care products. Growing birth rate, increasing awareness of using these hygiene products in developing countries are expected to fuel the demand.
Following are the key players in the Spunbond Nonwovens Market:
· Schouw & Co.
· PF Nonwovens Group
· Mitsui Chemicals Inc.
· Kimberly-Clark Corporation
· Berry Plastics Group Inc.
· Toray Industries, Inc.
· Asahi Kasei Corporation
· Kolon Industries, Inc.
· DuPont
· Mogul Co. Ltd.
· others.
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