Overview and Scope
Spunbond nonwovens refer to a type of nonwoven fabric made by bonding fibers together using a high-speed spinning process. These spunbond nonwovens are used as an alternative to traditional woven fabrics because of their cost-effectiveness, ease of processing, and performance properties.
Sizing and Forecast
The spunbond nonwovens market size has grown strongly in recent years. It will grow from $14.61 billion in 2023 to $15.67 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to raw material advancements, increased end-use applications, growing awareness of sustainable practices, regulatory support and standards, market consolidation and mergers.
The spunbond nonwovens market size is expected to see strong growth in the next few years. It will grow to $20.48 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to innovative product development, rising demand for lightweight materials, emerging market opportunities, focus on circular economy, strategic alliances and partnerships. Major trends in the forecast period include increasing demand for sustainable materials, technological advancements in production processes, growing application in hygiene and medical sectors, expanding geographical markets, customization and product diversification.
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Segmentation & Regional Insights
The spunbond nonwovens market covered in this report 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
Top 5 Major Players:
Asia-Pacific was the largest region in the spunbond nonwovens market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global spunbond nonwovens market report during the forecast period. The regions covered in the spunbond nonwovens market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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. For instance, in April 2022, according to the European Automobile Manufacturers’ Association (ACEA), a Belgium-based automobile trade association, the world motor vehicle production volume reached 79.1 million units in 2021, which was an increase of 1.3% as compared to 2020. Additionally, in March 2023, according to the US Federal Reserve, a US-based central banking system, 1.87 million autos were produced in the USA, increasing from 1.71 million in February 2023. Therefore, the rising production of automobiles drives the spunbond nonwovens market.
Key Industry Players
Major companies operating in the spunbond nonwovens market report are Asahi Kasei Corporation, Kimberly-Clark Corporation, Mogul Co Ltd., Kuraray Co Ltd., Johns Manville Corporation, Avgol Ltd., Berry Global Inc., Toray Industries Inc., Fitesa SA, Mitsui Chemicals Inc., Radici Partecipazioni SpA, Ahlstrom-Munksjö Oyj, Kolon Industries Inc., PFNonwovens Czech sro, Freudenberg Group, Sunshine Nonwoven Fabric Co Ltd., KT Exports Private Limited, Hydroweb GmbH, Schouw & Co, Pegas Nonwovens SA, DuPont de Nemours Inc., Glatfelter Corporation, Hollingsworth & Vose Company, Fibertex Nonwovens A/S, First Quality Nonwovens Inc., Suominen Corporation, TWE Group, FiberVisions Corporation, Foss Manufacturing Company LLC, Fiber Dynamics Inc., Fiberweb LLC, Lydall Inc., Monadnock Non-Wovens LLC, Neenah Inc., Precision Custom Coatings LLC, Sandler AG, Spuntech Industries Inc., Tapyrus SA, Texel Technical Materials Inc., Toyobo Co Ltd.
The spunbond nonwovens market report table of contents includes:
1. Executive Summary
2. Spunbond Nonwovens Market Characteristics
3. Spunbond Nonwovens Market Trends And Strategies
4. Spunbond Nonwovens Market – Macro Economic Scenario
5. Global Spunbond Nonwovens Market Size and Growth
….
31. Global Spunbond Nonwovens Market Competitive Benchmarking
32. Global Spunbond Nonwovens Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Spunbond Nonwovens Market
34. Spunbond Nonwovens Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Spunbond Nonwovens Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Spunbond Nonwovens Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Spunbond Nonwovens Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 75: Asahi Kasei Corporation Financial Performance
Table 76: Kimberly-Clark Corporation Financial Performance
Table 77: Mogul Co Ltd. Financial Performance
Table 78: Kuraray Co Ltd. Financial Performance
Table 79: Johns Manville Corporation Financial Performance
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