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Stratview Research has published a new report titled “Spunbond Nonwovens Market” which is segmented by Function Type (Disposable and Durable), by Material Type (Polypropylene, Polyethylene, Polyester, and Others [Polyamide, Polyurethane, Polylactic Acid, and Bico]), by End-Use Industry Type (Personal Care & Hygiene, Medical, Agriculture, Packaging, Automotive, and Others [Construction, Geotextile, and Filtration]), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, spunbond nonwovens market is likely to witness a healthy CAGR of 5.9% during the forecast period. The prime factors contributing to the demand for spunbond nonwovens are increasing population and increasing awareness related to personal hygiene products especially in developing countries.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on the function type, the spunbond nonwovens market is segmented as disposable and durable. Disposable spunbond nonwovens dominated the market with their major use in personal care & hygiene. Increasing usage of disposable hygiene products including baby diapers, sanitary napkins, and adult diapers in developing countries is driving the disposable spunbond nonwovens market.
Based on the material type, the market is segmented as polypropylene, polyethylene, polyester, and others. Polypropylene-based spunbond nonwovens dominated the market in 2020, and are expected to remain dominant during the forecast period. Polypropylene is extremely versatile with competitive price and hence, is majorly used in the market.
Which Region is expected to remain the largest market?
In terms of regions, Asia-Pacific is estimated to remain the largest market during the forecast period as it accounts for the largest share of the global population. Furthermore, currently the penetration of hygiene products in Asia-Pacific countries such as China, India, and Indonesia are comparatively low than the North American and European countries. With the improving per capita income and affordability of hygiene products by the people, these countries will further lead the market.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Spunbond Nonwovens Market:
- Schouw & Co.
- PF Nonwovens Group
- Mitsui Chemicals Inc.
- Kimberly-Clark Corporation
- Berry Plastics Group Inc.
- Toray Industries, Inc.
- Asahi Kasei Corporation
- Kolon Industries, Inc.
- DuPont
- Mogul Co. Ltd.
- others.
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About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
Article source: https://article-realm.com/article/Finance/32788-Spunbond-Nonwovens-Market-to-Witness-Steady-Growth-through-2028.html
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