In recent years, non-woven equipment and production capacity, which are mainly spunbond, spunlace and hot air, have grown rapidly. Today I mainly talk about the market analysis of global spunbond nonwovens.
According to market research reports, the global market for spunbond nonwovens is estimated at $12.7 billion in 2018 and is expected to reach $18.3 billion by 2023, with a compound annual growth rate of 7.6% from 2018 to 2023.
This shows that spunbonded nonwovens are becoming more and more popular, and their use in the medical field is also growing. The high demand for polypropylene spunbonded nonwovens is a key factor driving the growth of this market.
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In 2018, disposable products accounted for a large share of the spunbond nonwovens market.
Polypropylene still accounts for a large proportion of the material in the market of spunbonded nonwovens. One of the main advantages of polypropylene compared to other raw materials is its economy and yield, which makes it a preferred material, especially for once. Sex products such as adult incontinence products, baby diapers and sanitary napkins.
This large share of the market is largely attributable to the cost-effectiveness of the material and the key functional characteristics that make it the material of choice.
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The Asia Pacific region is expected to lead the growth of the global spunbond nonwovens market, which is driven by the increase in disposable income and the growth in disposable product consumption.
Forecasts indicate that the market for spunbond nonwovens in the Asia-Pacific region will grow at a very high compound annual growth rate from 2018 to 2023, mainly due to the fact that countries from China, Japan, India and South Korea have no spunbond. High demand for textiles.
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Overall, the demand for spunbond nonwovens continues to grow, but the demands for product performance and innovative applications are also increasing.
While increasing equipment investment and production capacity, enterprises should also be closer to market demand and growth points, and lay out the global market in order to avoid being trapped in overcapacity.
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