Spunbond Nonwovens Market Intensified Demand, By Segments, Geography, Key Players Investment Feasibility, Current Scenario And Forecast 2023-2032|Asahi Kasei Corporation, Kimberly-Clark Corporation, Mogul Co. Ltd., Kuraray Co. Ltd., Johns Manville Corporation

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The Spunbond Nonwovens Global Market Report 2023 by The Business Research Company, provides spunbond nonwovens market overview 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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https://www.thebusinessresearchcompany.com/report/spunbond-nonwovens-global-market-report

According to The Business Research Company’s Spunbond Nonwovens Global Market Report 2023, the global spunbond nonwovens 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%.

The rising production of automobiles is driving the spunbond nonwovens market going forward. Automobiles are self-propelled vehicles that are designed for transportation on roads. Spunbond nonwovens are widely used in car carpets and for temperature and sound insulation in automobiles as these nonwovens have high resistance and high tensile strength properties along with uniform fiber distribution, as a result, rising production of automobiles increases the demand for spun-bond nonwovens.

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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

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 report table of contents includes: