The report “Spunbond Nonwoven Market by Function (Disposable, Non-disposable), Material Type (PP, PE, Polyester), End Use (Personal Care & Hygiene, Medical, Agriculture, Packaging, Automotive), and Region – Global Forecast to 2022,” published by MarketsandMarkets, claimes that the market is expected to be valued at $10.73 billion in 2017 and is likely to reach $16 billion by 2022, at a CAGR of 8.3% from 2017 to 2022.
Growing preference for spunbond nonwovens, increasing use of spunbond nonwovens in the medical sector, and high demand for polypropylene spunbond nonwovens are the key factors driving the growth of the spunbond nonwoven market.
Based on function, the disposable segment is expected to grow at the highest CAGR from 2017 to 2022. Disposable spunbond nonwovens are widely utilized by various end-use industries, with the major ones being personal care & hygiene and medical. There is a high demand for disposable spunbond nonwovens in these segments as it is an affordable alternative to traditional textiles and can be disposed-off after each use.
Based on material type, the polypropylene spunbond nonwovens segment is expected to grow at the highest CAGR from 2017 to 2022. Polypropylene spunbond nonwovens are the preferred material type by the key end-use segments such as personal care & hygiene and medical, along with agriculture to some extent. The increasing awareness regarding the benefits of this material has resulted in the high demand globally.
Based on end-use segment, the personal care & hygiene segment is expected to grow at the highest CAGR from 2017 to 2022. Spunbond nonwovens have specific properties such as absorbency, liquid repellency, resilience, stretch, softness, strength, washability, cushioning, bacterial barrier, and sterility that allow them to deliver high-performance, which is mainly required in the personal care & hygiene sector. Thus, there is a high demand for spunbond nonwoven by this segment.
The spunbond nonwovens market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. China, India, Japan, and South Korea are the key countries contributing to the high demand for spunbond nonwovens in the Asia Pacific region. Availability of cheap labor and raw materials has resulted in Asia Pacific to be the preferred region for expansion by various leading manufacturers across the globe, thus making the region to be fastest-growing spunbond nonwoven market.
< Sources: www.nonwovens-industry.com >