The global Spunbond Nonwoven Market is estimated to rise remarkably in the coming years on account of the increasing demand from the automotive sector worldwide. Spunbond is the process of producing nonwoven fabric by continuously spinning filament fibers into a moving belt. A recent report by Fortune Business Insights, titled, “Spunbond Nonwoven Market Size, Share & Industry Analysis, By Type (Polyester, Polypropylene, Polyethylene), By End-Use Industries (Personal Care & Hygiene, Medical, Agriculture, Packaging, Automotive, Others) Others and Regional Forecast, 2019-2028,” offers insights into the market and a complete analysis of the same.
Objectives of the Report:
The report provides a comprehensive overview of the market and throws light on the growth drivers, restraints, challenges and upcoming opportunities. It also discusses the major industry developments of the market and current trends. Besides this, the report provides the table of segmentation in detail, names of the leading segments and their attributed factors. For more information on the report, log on to the company website.
Drivers & Restraints-
Increasing Demand for Polypropylene Nonwovens to Augment Growth
Spunbond is a porous fabric made up of long fibers, plastic films or molten plastic and possesses unique qualities such as chemical and heat resistance, porous nature, and burst strength. They are also used for making boot carpets, heat shields, molded bonnet liners, hood insulation, airbags, carpet and flooring seats, and other products. The increasing demand from the automotive industry is a key factor boosting the global spunbond nonwoven market growth. Besides this, the rising demand for polypropylene spunbond nonwovens will also add impetus to the market in the coming years.
On the contrary, the high cost of the finished product may pose a major challenge to the market in the coming years. This, coupled with the volatility in the price of raw materials may also cause hindrance to the market in the forecast period.
Nevertheless, the increasing use of spunbond nonwovens in the healthcare sector, increasing standard of living, and the rising demand for geotextiles are expected to create lucrative growth opportunities for the market in the coming years.
Browse Complete Summary of Report: https://www.fortunebusinessinsights.com/spunbond-nonwoven-market-102384
Some of the Key Players of the Spunbond Nonwoven Market include:
RadiciGroup SpA, Avgol Ltd.,
PFNonwovens Czech s.r.o.
Mitsui Chemicals, Inc.
Asahi Kasei Corporation
Schouw & Co.
Kuraray Co., Ltd.
Toray Industries, Inc.
Berry Plastics Group, Inc.
Johns Manville Corporation
The Market for Spunbond Nonwoven is Classified into the Following:
The global spunbond nonwoven market is categorized on the basis of type, end use industries, and region. Based on type, the market is classified into polyester, polypropylene, and polyethylene. With respect to end-use industries, the market is grouped into automotive, packaging, agriculture, medical, personal care & hygiene, and others.
Asia Pacific Held Largest Share Owing to Growing Inclination towards Personal Care products
Asia Pacific held the highest spunbond nonwoven market share in 2018 owing to the rising inclination of people towards personal care products. Japan, India, and China are the leading nations in this market. North America will exhibit significant growth in the coming years on account of a rise in the demand for polypropylene for use in the production of goods for personal hygiene. This is further attributed to the chemical resistance, tensile strength, and temperature tolerant properties of polypropylene.
Additionally, the Europe market will also generate notable growth in the forecast period on account of the increasing demand from the healthcare sector. Furthermore, the market in Latin America will be driven by the increasing investment by the government and private companies in real estate infrastructure and the growing demand for manufacturing geotextiles used in construction activities.