Spunbond Nonwovens Market: Market Size Analysis
Global Spunbond nonwovens Market was valued at US $ 16.7 Billion in 2022 and is expected to reach US $ 27.4 Billion by 2030 growing at a CAGR of 6.4% during the forecast period 2023 – 2030
Despite the positive outlook, the market is not without its challenges. Fluctuating raw material prices and the environmental impact of nonwoven production processes are concerns that the industry must address. Sustainable practices and the development of eco-friendly alternatives are gaining traction, as consumers and industries alike prioritize environmentally responsible solutions.
Spunbond nonwovens, a key player in the global nonwovens market, have witnessed significant growth in recent years, driven by their versatile applications across various industries. This market segment has gained prominence due to the increasing demand for lightweight, durable, and cost-effective materials in sectors such as healthcare, agriculture, and automotive.