PET Spunbond Fabric Future Market Analysis

Spunbond fabric is made by melting plastic and spinning it into filament. The filament is collected and rolled under heat and pressure into what is called spunbond fabric. Spunbond nonwovens are used in numerous applications. Examples include disposable diapers, wrapping paper; material for fitration, soil separation and erosion control in geosynthetics; and housewrapes in construction.

The growth of the PET spunbond nonwoven market is driven by prevalent adoption of recyclable plastic materials, growing investments in R&D activities for development of advanced materials, and increasing healthcare expenditure across the globe, says this report.

According to the report published by Global Market Insights, the PET Spunbond Nonwoven Market was estimated at USD 3,953.5 million in 2020 and is projected to be valued at around USD 6.9 billion by the end of 2027, registering with a CAGR of 8.4% from 2021 to 2027. The report provides a detailed analysis of the market size & estimations, major investment pockets, top winning strategies, drivers & opportunities, competitive scenario, and wavering market trends.

Key reasons for PET spunbond nonwoven market growth:
1.Latest technological advancements in product.
2.Growing utilization in construction applications.
3.Surging application in textile and agriculture industries.
4.Soaring usage in personal protective equipment and masks.  

With respect to application, the others segment is speculated to attain a share of over 25% in the global PET spunbond nonwoven market by 2027. Other applications of PET spunbond nonwovens include filtration, construction, and automotive sectors. PET spunbond nonwovens possess various favorable characteristic, such as high moldability, UV & heat stability, thermal stability, strength, and permeability, making them ideal for use in laminates, liquid catridge and bag filters, and vacuum bags, among others. It is also extensively utilized in filtration applications, like oil, gasoline, and air filtration, which is likely to boost segmental demand in the coming years.

Post time: May-13-2022