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PET Spunbond Nonwoven Market Size

Report ID: GMI5177
Published Date: Jan 2022
Report Format: PDF

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PET Spunbond Nonwoven Market Size

PET Spunbond Nonwoven Market size was valued at USD 3,953.5 million in 2020 and is estimated to exhibit over 8.4% CAGR from 2021 to 2027. In terms of volume, the market is estimated to grow at 7.7% volume while recording a value of 2,268.6 Kilo Tons. The proliferating end-use industries, including healthcare, agriculture, and construction, among others, will provide lucrative growth opportunities to the global market.

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As PET spunbond nonwovens are widely used in medical clothing, the augmenting industry spending is certain to positively influence the product market. Additionally, the favorable characteristics of PET spunbond, such as strength, durability, heat & fire resistance, anti-bacterial, hydrophilic, and others, will contribute to product adoption in numerous industries including agriculture, automobile, construction, food, medical & health, advertising & printing, furniture & mattress, and other industrial uses.

PET spunbond is a mechanically high-strength nonwoven fabric that can resist high levels of temperatures, rendering it an ideal material for many sectors including printing & advertising, automotive, and other industrial uses. In addition to the superior characteristics of the material, the added benefit is that PET spunbond can be further treated to acquire additional traits such as fire-retardant, fluorescent, anti-bacterial, hydrophobic, and hydrophilic. Although polyester spunbonded fabrics are hydrophobic, liquids can be allowed to pass through hydrophilic treatment. These materials can also be treated to retard fire while usually offering up to grade C-1 fire resistance.

PET Spunbond Nonwoven Market Report Attributes
Report Attribute	Details
Base Year:	2020
PET Spunbond Nonwoven Market Size in 2020:	3,953.5 Million (USD)
Forecast Period:	2021 to 2027
Forecast Period 2021 to 2027 CAGR:	8.4%
2027 Value Projection:	6,991.6 Million (USD)
Historical Data for:	2017 to 2020
No. of Pages:	150
Tables, Charts & Figures:	186
Segments covered:	Type, Application and Region
Growth Drivers:	Growing consumption in the healthcare sector Growing demand for technical textiles in the end-use industries Superior product characteristics compared to conventional textiles
Pitfalls & Challenges:	Availability of product substitutes High cost of PET spunbond nonwoven

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Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

PET spunbond nonwoven market size had surpassed USD 3,953.5 million in 2020 and will witness over 8.4% CAGR through 2027 with increasing adoption across sectors including healthcare, agriculture, and construction, etc.

Disposable PET segment will generate valuation of over USD 4.5 billion by 2027 owing to the mounting demand from hygienic sector for various applications including sanitary towels, baby nappies, domestic hygiene, and adult convenience pads.

Textile segment will generate a demand for around 115 kilo tons by 2027 owing to the rising demand for technical textiles due to their superior characteristics, high functionality, and aesthetics.

North America PET spunbond nonwoven market growth will capture over 20% share by 2027 with the increasing healthcare expenditure in the region.

The major companies operating in PET spunbond nonwoven market are Kolon Industries, Inc., Unitika Ltd., Avintiv, Inc., Toray Industries, Inc., Johns Manville Corporation, Freudenberg Performance Materials Holding SE & Co. KG, Asahi Kasei Corporation, and Toyobo Co., Ltd.