HOME Research Insight Market Leader - Spunbond Nonwoven Market

Market Leader - Spunbond Nonwoven Market

The spunbond nonwovens market is expected to be valued at USD 10.73 Billion in 2017 and is likely to reach USD 16.00 Billion by 2022, at a CAGR of 8.3% from 2017 to 2022. Growing preference for spunbond nonwovens in comparison to other nonwovens, increasing use of spunbond nonwoven fabrics in the medical sector, and high demand for polypropylene spunbond nonwovens are the key factors driving the growth of the spunbond nonwovens market. Schouw & Co. (Denmark), Mitsui Chemicals, Inc. (Japan), Johns Manville Corporation (US), Fitesa S.A. (Brazil), RadiciGroup SpA (Italy), Avgol Nonwovens (Israel), Kimberly-Clark Corporation (US), Berry Plastics Group, Inc. (US), Toray Industries, Inc. (Japan), Asahi Kasei Corporation (Japan), Pegas Nonwovens SA (Luxembourg), Kuraray Co., Ltd. (Japan), Kolon Industries, Inc. (South Korea), E. I. du Pont de Nemours and Company (US), and Mogul (Turkey) are some of the leading players in this market.

Key market players have focused on the adoption of new product launches, investments, and expansions to cater the demand for spunbond nonwovens across various applications for various end-use industries.

In June 2017, Asahi Kasei decided to expand its PP spunbond facility in Thailand by 20,000 tons per year, which would result in the facility’s total capacity to reach 60,000 tons per year. The company undertook this expansion due to the growing demand for PP spunbond in the country. The company is planning to invest USD 45 million for the construction of new production lines.

In May 2017, Toray Industries announced that it will be installing a prototype equipment to develop higher value spunbond fabric in Japan. The company will install this equipment at its Shiga Plant (Japan) and start its operation by November 2017. Toray will utilize this not only to develop specialty spunbond fabrics for hygiene application such as disposable diapers, but also to improve overall productivity in group-wide efforts and expand its initiatives targeting the high value-added market of polypropylene spunbonded fabrics.

In March 2017, Pegas Nonwovens made plans to invest in a new production plant in South Africa. The company plans to invest around approximately USD 31.6-36.9 million. The annual production capacity is expected to be 10,000 tons. The production facility is expected to be operational by the end of 2018.

In December 2016, Fibertex Personal Care, a subsidiary of Schouw & Co., built a new factory at Nilai, Malaysia. This is the company’s eighth production line and fifth in Malaysia. This will increase the company’s total output capacity in the country by around 20%.

In March 2016, E. I. du Pont de Nemours and Company launched DuPont Tyvek 800J, a Type 3 (1) liquid-tight garment for personal protective apparel. It is used for industrial cleaning applications, including pressure washing and tank cleaning, food processing, petrochemical installations, environmental remediation, maintenance, and some pharmaceutical operations.

Related Reports:

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

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