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.
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
- 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.
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.
Drivers – Spunbonded Polyester Nonwoven Market
- Increasing Demand of Spunbonded Polyester Nonwoven fabric from The Flourishing Automotive Sector
The demand of spunbonded polyester nonwoven fabrics in the automotive and transportation industries are increasing for manufacturing parts such as column padding, anti-rattle pads, battery separators, panel trims, upholstery backings, window frames, primary backings, secondary backings and trunk liners as they offer excellent properties such as moldability, flame retardancy, sterility acoustic insulation, absorbency filtration, liquid repellency, and bacterial barrier. According to OICA, the production of light commercial vehicles has increased by 10.2 % in 2018 in the APAC region. According to Stats SA, the total motor sale of South Africa in January 2018 was accounted to be 54,620 which increased to 55,156 in January 2019. According to OICA, in 2018 the automotive production in South America, Finland, Portugal, and Romania has increased up to 3364258, 112104, 294366, and 476769, i.e., 4.0%, 3.0%, 67.7%, and 31.1% higher than the previous year due to rising per capita income of the individuals, which further led to the massive demand for spunbonded polyester nonwoven. Thus, with the increasing automation production, the demand for spunbonded polyester nonwoven fabric will also increase, which acts as a driver for the spunbonded polyester nonwoven market during the forecast period.
- Growing Demand of Spunbonded Polyester Nonwoven for Various Applications
There is an increasing demand for spunbonded polyester nonwoven in the geotextile, medical, packaging, electronics, hygiene, and construction industries for greenhouse shading, artificial turf, pavement overlays, fuel cells, sterile packaging, swabs, cable wrap, roadway reinforcements, drainage, and erosion control applications. Spunbonded polyester nonwoven are extensively used to manufacture shopping bags, garbage bags, storage bag, products packaging bags as it is one of the best printing media. These bags are lightweight, sturdy, and cut down the number of plastic bags being used. In addition, polyester spunbonded nonwoven fabric is widely used as various kinds of packaging materials such as, desiccant packaging of silica-gel drier, carbon absorbents, and more owing to its good strength, anti-tear, anti-pull, and air permeability properties. And the spunbonded polyester nonwovens are flexible and have controlled permeability due to which they are being widely used in the construction of roads and for land reclamation. According to European Disposables and Nonwovens Association (EDANA), around 750 square kilometers of geotextiles nonwoven are manufactured and sold every year, 60% of which are used in the construction of roads. According to the Ministry of Textiles in 2019, India had 40 geotextiles projects for roads, water reservoirs, and slope stabilization. The rising demand of spunbonded polyester nonwoven from various industrial sectors for various application acts as a driver for the spunbonded polyester nonwoven market during the forecast period.
Challenges – Spunbonded Polyester Nonwoven Market
- High Cost of Raw Materials Because of Volatility in Crude Oil Prices
The raw materials often used for manufacturing spunbonded nonwoven fabrics such as polypropylene, polyester, and polyamides are derived from crude oil. So, the price fluctuation of crude oil hinders with the price of spunbonded polyester nonwoven materials. According to, BP Statistical Review of World Energy, In the recent year there is been an increase in the price volatility of crude oil, such as the crude oil price decreased from $98.95 in 2014 to $52.39 in 2015 and increased from $43.73 in 2016 to $71.31 in 2018. And because of this uncertainty in crude oil prices, the price of spunbonded polyester nonwoven fiber also increases. Thus, the volatility in crude oil prices is expected to be a significant challenge for the spunbonded polyester nonwoven market manufacturers during the forecast period.
- Covid-19 Impact on The Spunbonded Polyester Nonwoven Market
The COVID-19 pandemic outbreak has impacted the imports and exports of spunbonded polyester nonwoven as governments of the leading producing countries have imposed export restrictions which are significantly disrupting the supplies. Moreover, the COVID-19 pandemic is having a huge impact on the automotive industry. The production of automobiles has been disruptively stopped, contributing to a major loss in the total automotive sectors. Thus, with the decrease in automotive production, the demand for spunbonded polyester nonwoven has significantly fallen in the automobile sector, which is having a major impact on the spunbonded polyester nonwoven materials market.
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Spunbonded polyester nonwoven market. In 2019, the market of Spunbonded polyester nonwoven has been consolidated by the top five players accounting for 30% of the share. Major players in the Spunbonded polyester nonwoven market are Toray Industries, Ahlstrom-Munksjo Oyj, Toyobo Co. Ltd., Kolon Industries Inc., Asahi Kasai Corporation, Avintiv Inc., Johns Manville, FITESA S.A., Freudenberg Group, and Others.
- In May 2020, the Johns Manville plant in South Carolina started production of nonwoven fabric that will be used for the manufacturing of urgently needed disposable medical gowns used in the fight against the spread of COVID-19. The new polyester spunbond nonwoven is designed for the production of Level 3 medical gowns. The fabric offers superior liquid barrier performance compared to materials used for Level 1 and Level 2 medical gowns, while also providing comfort and stitch-strength.
1. Spunbonded Polyester Nonwoven Market - Market Overview
1.1 Definitions and Scope
2. Spunbonded Polyester Nonwoven Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by End-Use Industry
2.3 Key Trends by Geography
3. Spunbonded Polyester Nonwoven Market - Landscape
3.1 Comparative analysis
3.1.1 Market Share Analysis- Top Companies
3.1.2 Product Benchmarking- Top Companies
3.1.3 Top 5 Financials Analysis
3.1.4 Patent Analysis- Top Companies
3.1.5 Pricing Analysis
4. Spunbonded Polyester Nonwoven Market - Startup companies Scenario Premium (Premium)
4.1 Top startup company Analysis by
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Spunbonded Polyester Nonwoven Market – Industry Market Entry Scenario Premium (Premium)
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top companies
6. Spunbonded Polyester Nonwoven Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Market Opportunities
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Spunbonded Polyester Nonwoven Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Market life cycle
7.4 Suppliers and distributors
8. Spunbonded Polyester Nonwoven Market – By End-Use Industry (Market Size -$Million, KT)
8.1 Carpet Backing
8.2 Civil Engineering
8.3 Personal Care & Hygiene
8.8 Home Furnishing
8.9 Building Products
8.9.3 Weather Barriers
9. Spunbonded Polyester Nonwoven Market - By Geography (Market Size -$Million / KT)
9.1 North America
9.2.7 Rest of Europe
9.3 Asia Pacific
9.3.4 South Korea
9.3.5 Australia and New Zealand
9.3.6 Rest of Asia Pacific
9.4.1 Middle East
9.4.3 South America
10. Spunbonded Polyester Nonwoven Market - Entropy
10.1 New Product Launches
10.2 M&A’s, Collaborations, JVs and Partnerships
11. Market Share Analysis (Premium)
11.1 Market Share by Country- Top companies
11.2 Market Share by Region- Top companies
11.3 Market Share by type of Product / Product category- Top companies
11.4 Market Share at global level- Top companies
11.5 Best Practices for companies
12. Spunbonded Polyester Nonwoven Market- List of Key Companies by Country (Premium)
13. Spunbonded Polyester Nonwoven Market Company Analysis
13.1 Market Share, Company Revenue, Products, M&A, Developments
13.2 Company 1
13.3 Company 2
13.4 Company 3
13.5 Company 4
13.6 Company 5
13.7 Company 6
13.8 Company 7
13.9 Company 8
13.10 Company 9
13.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"