The Spunbond Nonwovens Global Market Report 2023, provides comprehensive information on the spunbond nonwovens market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Spunbond Nonwovens Global Market Report 2023, the market size is expected to grow from $13.61 billion in 2022 to $14.61 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global spunbond nonwovens market size is expected to reach $19.07 billion in 2027 at a CAGR of 6.9%.
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Technological innovations are a key trend gaining popularity in the spunbond nonwovens market. Major companies in the market are focused on incorporating innovative technologies to sustain their position in the market. For instance, in September 2020, ExxonMobil, a US-based oil and gas company, launched a new solution for producing soft and thick nonwoven products. Bi-component (BiCo) spunbond technology is used to process the novel solution, which is a mixture of Vistamaxx 7050BF performance polymer, ExxonMobil PP3155E5, and ExxonMobil PP3684HL. The uniqueness of the solution is that it helps in the production of nonwovens with lofty thickness, ultra-cushiony, cotton-like softness, and a silk-like smooth touch.
The spunbond nonwovens market is segmented:
1) By Type: Disposable, Non-Disposable
2) By Material: Polypropylene, Polyethylene, Polyester, Other Materials
3) By Application: Crop Cover, Face Mask, Air Filters, Carry Bags, Posters And Banners, Others Applications
4) By End-User Industry: Agriculture, Medical, Personal Care And Hygiene, Automotive, Packaging, Other End-User Industries
Asia-Pacific was the largest region in the spunbond nonwovens market in 2022.
The table of contents in TBRC’s spunbond nonwovens market report includes:
- Executive Summary
- Spunbond Nonwovens Market Characteristics
- Spunbond Nonwovens Market Trends And Strategies
- Spunbond Nonwovens Market – Macro Economic Scenario
- Spunbond Nonwovens Market Size And Growth
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- Africa Spunbond Nonwovens Market
- Spunbond Nonwovens Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Spunbond Nonwovens Market
- Spunbond Nonwovens Market Future Outlook and Potential Analysis
- Appendix
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