Spunbound Nonwovens Market Overview
The global spunbound nonwovens market is estimated to value $11,040.1 million in 2017 and is projected to grow at a CAGR of 8.1% during the forecast period. Increasing demand for the spunbound nonwoven fabric for manufacturing wipes, diapers, adult incontinence products, feminine hygiene products, and surgery clothing is driving the growth of the spunbound nonwovens market.
GLOBAL SPUNBOUND NONWOVENS MARKET, BY MATERIAL TYPE, '000 MT (2013-2023)
Based on material type, the spunbound nonwovens market has been categorized into polypropylene, polyester, polyethylene, polyurethane, and others, where the category of “others” includes polyamide and rayon. In terms of value, polypropylene is estimated to hold the largest share, accounting for more than 65.0%, in the market in 2017. The dominant market share of polypropylene can be attributed to its lower price, superior strength, and higher chemical resistance, as compared to other types of spunbound nonwovens.
On the basis of application, the spunbound nonwovens market has been classified into hygiene and personal care, medical, agriculture, building and construction, automotive, packaging, and others, where the category of “others” includes filtration, bedding and furniture, and apparel. The category of hygiene and personal care is estimated to account for more than 35.0% share, in terms of value, in the market in 2017. This is mainly attributable to the growing awareness on personal hygiene in developing countries such as China, India, Brazil, and Indonesia.
In terms of revenue, Asia-Pacific has been holding the largest share in the spunbound nonwovens market and is estimated to contribute more than 40.0% share to the market in 2017. China, in particular, is the largest market for this fabric in the world. This is mainly because of the large industrial base and growing per capita income of the country. These factors are boosting the demand for hygiene and personal care products made using this fabric.
Spunbound Nonwovens Market Dynamics
Growing per capita income and increasing awareness on personal hygiene have resulted in the increased sales of products such as diapers, toddler training pants, and feminine hygiene pads. All these products promote skin health and personal hygiene. Also, countries such as Japan, Germany, and Italy are witnessing rapid growth in geriatric population, which is expected to boost the demand for adult incontinence products. Due to the increasing sales of these products, the demand for the fabric used in the manufacturing of these products is projected to rise, which, in turn, is expected to contribute to the growth of the spunbound nonwovens market during the forecast period.
Polypropylene, polyester, polyurethane, and polyethylene are some of the commonly used material types in the spunbound nonwovens market. However, there is a growing trend of the production of new materials. A large number of companies are investing in research and development activities to develop new spunbound nonwoven fabrics. Such activities are aimed at producing superior quality nonwovens at a reduced cost. The commercial adoption of these fabrics can significantly bring down the cost of end products in the coming years.
A large number of Asian and African countries have witnessed improvement in the medical and healthcare industry in recent years. This has resulted in increased life expectancy and easy access to improved healthcare facilities. With the growing penetration of medical facilities, the demand for medical products has also increased. High usage of disposable medical products, such as drapes, wipes, face masks, patient gowns, and gloves, for the prevention of hospital-acquired infections (HAIs) has also boosted the demand for disposable nonwoven fabric as their primary raw material. Hence, growing medical services are contributing to the growth of the spunbound nonwovens market.
Matured markets such as Japan, Russia, Estonia, Latvia, Lithuania, and Hungary are facing a major demographic challenge of low population growth. Due to their stagnant or decreasing population, major end users in these countries such as hygiene and personal care, construction, and medical industries are reaching their saturation stage. Due to this, the demand for spunbound nonwovens used in the manufacturing of products in these industries is expected to remain low. This is expected to hamper the growth of the spunbound nonwovens market across these nations.
Spunbound Nonwovens Market Competitive Landscape
Some of the major players operating in the global spunbound nonwovens market are PEGAS NONWOVENS SA, Mitsui Chemicals Inc., Kimberly-Clark Corporation, Berry Global Inc., Toray Industries Inc., Schouw & Co., Johns Manville Corporation, Asahi Kasei Corporation, Radici Partecipazioni SpA, and DowDuPont Inc.