Spunbonded Polyester Nonwoven Market - Forecast(2021 - 2026)

Spunbonded polyester nonwoven market size is forecast to reach $2162.70 million by 2025, after growing at a CAGR of 6.50% during 2020-2025, owing to the wide usage of spunbonded polyester nonwoven fabrics in various applications such as agricultural coverings, automotive upholstery, carpeting, hygiene products, roofing, wall coverings, and sterile medical products. The demand for spunbonded polyester nonwoven is increasing in varied industries due to its extensive set of properties such as absorbency, retardancy, excellent thermal insulation, sterility, strength, softness, and liquid repellency. In addition, the spunbonded polyester nonwovens are comparatively quick and cheap to manufacture than the knitted fabrics, which is the major factor driving the growth of spunbonded polyester nonwoven market during the forecast period.

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Report Coverage

The report: “Spunbonded Polyester Nonwoven Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Spunbonded polyester nonwoven Industry. 

By End-Use Industry: Carpet Backing, Civil Engineering, Personal Care & Hygiene, Medical, Packaging, Automotive, Agriculture, Home Furnishing, Building Products (Roofing, Waterproofing, Weather Barriers, Others), Geotextiles, and Others

By Geography: North Americas, Europe, Asia Pacific, RoW

Key Takeaways

• Asia Pacific dominates the spunbonded polyester nonwoven market, owing to the increasing construction activities in the region due to various government initiatives such as “100 smart cities” and “One Belt, One Road” in the APAC region.
• The spunbonded polyester nonwoven market is witnessing an upsurge in its demand due to several advantages that it offers over the woven fabrics such as overlapping of yarns to create pores, better liquid repellence, high-tech fabrics, and more.
• Spunbonded polyester nonwovens are also being widely used in the transportation sector to reinforce tires as they extend the life of the tire, provide strength and durability, and are lightweight and cost-effective, which is boosting the demand of spunbonded polyester nonwoven from the automobile sector. 
• Due to the COVID-19 pandemic, the growth of the healthcare industry is accelerating. The demand for packaging, wipes, and medical apparel is increasing due to which the spunbonded polyester nonwoven is also significantly increasing, which is boosting the spunbonded polyester nonwoven market growth.
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By End-Use Industry – Segment Analysis 

The personal care & hygiene segment held the largest share in the spunbonded polyester nonwoven market in 2019 and is growing at a CAGR of 7.00%, owing to the increasing usage of spunbonded polyester nonwoven fabrics in the apparel, and packaging & wipes industry. Spunbonded polyester nonwoven fabrics have traditionally been used in personal care & hygiene applications, due to their relatively low cost of production, disposability, and low lint, which reduces cross-infection and enables high levels of hygiene in the material. The hydrophobic and environment-friendly properties make spunbonded polyester nonwovens particularly suitable for hygiene products, baby diapers, and adult incontinence products. They are efficiently used in hygiene products, such as sanitary towels, sanitary napkins, tampons, baby diapers, and napkin liners as it provides quick liquid absorption and also provides a dry surface. According to the International Trade Centre (ITC), the world export of sanitary towels and tampons increased from 15,784,370 to 16,301,138 in 2018. China held the largest export market constituting an export value of 1,80,586 in 2018. Increasing the personal care and hygiene sector are the primary driving forces for this market. Spunbonded polyester nonwovens are an affordable alternative to the traditional fabrics, which is anticipated to propel the spunbonded polyester nonwoven market during the forecast period.

By Geography – Segment Analysis

Asia Pacific region held the largest share in the spunbonded polyester nonwoven market in 2019 up to 45%, owing to the increasing healthcare sector in the region. The growing infrastructural development, rising per capita income of the individuals, higher domestic demand along with the availability of low-cost labor is the major factor driving the healthcare sector in the region. In 2019, the government of Malaysia allocated a sum of US$ 7 billion to the public health sector, an increase of 7.8 percent from 2018. According to the Australian Institute of Health and Welfare, in 2019 the Australian Government announced a $5 billion, a 10-year investment plan for the Medical Research Future Fund (MRFF) as a part of its 2019–20 budgets to support Australian health and medical research. According to India Equity Foundation (IBEF), the Indian healthcare market can increase three-fold to Rs 8.6 trillion (US$ 133.44 billion) by 2022. The Government’s expenditure on Indian healthcare sector has grown to 1.6 per cent of the GDP in FY20 from 1.3 per cent in FY16. The increasing healthcare investments in various countries of APAC will also lead to increased demand for healthcare apparel and medicines, which will further increase the demand for spunbonded polyester nonwoven in the market. Thus, all these long-term government investments in the healthcare sectors are anticipated to drive the spunbonded polyester nonwoven market in the Asia Pacific during the forecast period.

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