—
The global spunbond nonwoven market size exceeded USD 9.80 billion in 2016 and is expected to witness substantial growth over the projected period. Rising demand for nonwovens in the medical, automotive and personal care sectors is expected to augment market growth over the projected period.Over the past few years, nonwovens, particularly spunbond have witnessed a tremendous growth on account of their ability to retain liquid. This characteristic has been of particular importance in the medical and personal care industry, as it helps in maintaining hygiene. Rising consumer awareness regarding hygiene and cleanliness has resulted in driving the growth of the market and the trend is expected to continue over the projected period.
Request a sample of Global Spunbond Nonwoven Market Research Report @ http://www.orbisresearch.com/contacts/request-sample/415046 .
Spunbond is preferred over other technologies for manufacturing nonwovens as they exhibit superior technical characteristics including the ability to process a host of man-made and natural fibers, random fibrous structure, enhanced opacity per unit, and superior strength-to-weight ratio. Moreover, the process can be used in conjunction with various other technologies for manufacturing nonwovens such as SMS (spunbond/meltblown/spunbond).
The manufactured product can have specific functions including softness, durability, absorption, filtering, sterility, and microbial barrier properties. The final product is often application specific formed by combining these properties to achieve optimum life span and cost effectiveness.
Polyester, polypropylene and polyethylene are predominantly used for manufacturing spunbond nonwovens. These polymers typically exhibit high strength even in the form of fine filaments. The ability to easily mold and control the properties of these polymers makes them a popular choice for manufacturing nonwovens.
Browse the full Global Spunbond Nonwoven Market Research Report @ http://www.orbisresearch.com/reports/index/spunbond-nonwoven-market-2016-industry-trend-by-material-polyester-polypropylene-polyethylene-by-function-disposable-non-disposable-by-application-medical-packaging-personal-care-automotive-agriculture-and-forecast-to-2025 .
Raw materials contribute to a significant share while determining the pricing of any product. The fluctuations in the crude oil prices in the recent years has resulted in having a direct impact on the prices of its derivatives including PP, PE and PET. In January 2016, Brent crude oil prices hit an all-time low of USD 30.8 per barrel from USD 116.46 per barrel in February 2013 and USD 111.87 per barrel in June 2014. This rapid change in prices had resulted in polymer prices tumbling by approximately 40%. The sudden change in prices resulted in adversely impacting the profit margins of several manufacturers. This factor has resulted in hampering the market growth over the past few years.
Nonetheless, in the recent years, there has been a drastic change in the raw materials used for manufacturing wipes, tabletops, surgical gowns, shoe covers, diapers, incontinence products, automotive carpets, household filtration, industrial filtration, and erosion control among various others. The increasing application of these materials in niche applications such as biochemistry and research is expected to open new opportunities for the growth of the market over the projected period.
The consumption of spunbond disposable nonwovens has been higher on account of their extensive use in medical and personal care applications. Growing consumer demand for disposable tissues, wipes, surgical gowns, filters, diapers, and female & adult incontinence products owing to their high level of hygiene is anticipated to boost market growth over the projected period. the segment is anticipated to grow over 8.5% CAGR from 2017 to 2025.
The high consumption of disposable products in personal care and medical sector resulted in their dominance in the market in 2016 and the trend is expected to continue over the forecast period. These segments are expected to witness the highest growth over the projected period on account of increasing consumer spending on personal care hygiene products. Moreover, increasing birth rate and aging population is expected to result in a strong growth of the medical segment in the near future.
To cater to the growing demand for spunbond nonwoven fabrics, several companies have started expanding their manufacturing capabilities and foraying into related industries. For instance, in June 2017, Asahi Kasei announced plans to invest USD 45 million for establishing disposable diaper production lines in Thailand. Similarly, in June 2017, Fiberweb India announced plans to expand its spunbond production capacity from 7,500 tons to 15,000 tons to cater to its U.S. customers. In May 2017, Gulsan announced plans to purchase Reifenhauser’s Reicofil 5 line. The new line will be located in Turkey adding 35,000 tons to Gulsan's existing capacity. Fibertex Personal Care announced plans to expand its nonwovens printing operations in the U.S. in August 2017.
The presence of key players including Kimberley-Clark, DuPont, Berry Plastics, Mogul, Toray, and Mitsui coupled with their expansion strategies is expected to result in a healthy growth of the market over the projected period. Moreover, there are several players with regional presence across the world resulting in fragmentation of the market.
Some of the points from Global Spunbond Nonwoven Market Research report Table of content
Chapter 1. Industry Summary
Chapter 2. Market Outlook
Chapter 3. Price Trend Analysis, 2014 – 2025
Chapter 4. Spunbond Nonwoven Market To 2025, By Material
Chapter 5. Spunbond Nonwoven Market To 2025, By Function
Chapter 6. Spunbond Nonwoven Market To 2025, By Application
Chapter 7. Spunbond Nonwoven Market To 2025, By Region
Chapter 8. Competitive Landscape
Chapter 9. Company Profiles
Chapter 10. Research Methodology
Make an enquire of Global Spunbond Nonwoven Market Research Report @ http://www.orbisresearch.com/contacts/enquiry-before-buying/415046 .
Contact Info:
Name: Hector Costello
Email: Send Email
Organization: Orbis Research
Website: http://www.orbisresearch.com/reports/index/spunbond-nonwoven-market-2016-industry-trend-by-material-polyester-polypropylene-polyethylene-by-function-disposable-non-disposable-by-application-medical-packaging-personal-care-automotive-agriculture-and-forecast-to-2025
Release ID: 237521