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Research & Markets Study Reports 5% Growth Until 2025
January 7, 2021
By: Karen McIntyre
Editor
Research & Markets has released a new Spunbond Nonwovens Market research report. This analysis offers an in-depth insight into the market until 2025. The report predicts that the the spunbond nonwovens market is projected to grow from $18.7 billion in 2020 to $23.4 billion by 2025, at a CAGR of 5.0% during the forecast period. A growing preference for spunbond nonwovens in comparison to other nonwovens, the growing use of spunbond nonwoven fabrics in the medical sector, and high demand for polypropylene spunbond nonwovens are the key factors driving the growth of this market. The high cost of finished products affects the pricing structure of the intermediary industry and stagnant growth in the baby diaper segment in matured markets acts as a key restraint to the growth of the spunbond nonwovens market. The disposable segment accounted for the larger share of the spunbond nonwovens market in 2019. This large share is mainly attributed to the material being cost-effective and the key functional properties which make it a preferred material, especially for products which have limited use, such as adult incontinence products, baby diapers and sanitary pads. Extensive research and development is being carried out to increase the bio-degradability of disposable spunbonded nonwoven products. Companies mentioned in the report include Advance Nonwoven Vietnam Co. Ltd., Ahlstrom-Munksjö Oyj, Alpha Foam Ltd., Asahi Kasei Corporation, Avgol Nonwovens, Bayteks Tekstil San. Ve Tic. A.Þ., Berry Global Group, Inc., CHTC Jiahua Nonwovens (HTJH), Dupont De Nemours, Inc., Fiberweb (India) Ltd., Fitesa S.A., Gülsan Holding, Hydroweb Gmbh, Johns Manville Corporation, Kimberly-Clark Corporation, Kolon Industries, Inc., KT Exports (India) Pvt. Ltd., Kuraray Co. Ltd, Mada Nonwovens, Mitsui Chemicals, Inc., Mogul, Pfnonwovens Group, Radici Group, Saaf, Schouw & Co, SGN, Sidwin Fabric Pvt. Ltd., Sunshine Nonwoven Fabric Co. Ltd., Thrace Nonwovens & Geosynthetics S.A., Toray Industries, Inc., Ultra Nonwoven, Umzamo Nonwovens (Pty) Ltd, and Unitika Ltd. More information: Spunbond Nonwovens Market – Global Forecast to 2025
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