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The Annual Composite Growth Rate Of The Global Spunbonded Nonwovens Market Will Reach 7.5%.
The report on the analysis, trend and forecast of spunbonded nonwovens released by a Global Industry Analysis Inc in the US shows that the global spunbonded nonwovens market is expected to reach US $12 billion 700 million by 2025, and the annual compound growth rate will reach 7.5%.
The report says that although global market growth is the main trend, regional markets will be affected by local business demand, showing different growth rates.
As a representative of developed countries, the growth rate of the United States in this field will remain at 6.4%. In Europe, the growth of single countries will mainly focus on the German market. Spunbonded nonwovens will grow by US $292 million in the next 5~6 years. It is estimated that over 640 million US dollars in the region will come from its emerging markets in Eastern Europe. In Japan, the scale of the market is expected to reach US $735 million.
As the world's second largest economy, China will have a compound annual growth rate of 10.8% in the next few years. By 2025, the market of China's spunbonded nonwovens will increase by about US $2 billion.
It is understood that in recent years, China's spunbonded nonwoven industry has made great progress in product innovation and equipment upgrading. The raw materials and functions of products are becoming more and more diversified. The equipment is not only in the high speed, high yield, intelligence, safety, energy saving and other aspects, but also the continuous innovation of market demand, the development of two-component filter material production line, nonwoven Y type rolling mill, spunbonded wood pulp composite production line, and parallel two-component hot air consolidation equipment and so on.
The report says that although global market growth is the main trend, regional markets will be affected by local business demand, showing different growth rates.
As a representative of developed countries, the growth rate of the United States in this field will remain at 6.4%. In Europe, the growth of single countries will mainly focus on the German market. Spunbonded nonwovens will grow by US $292 million in the next 5~6 years. It is estimated that over 640 million US dollars in the region will come from its emerging markets in Eastern Europe. In Japan, the scale of the market is expected to reach US $735 million.
As the world's second largest economy, China will have a compound annual growth rate of 10.8% in the next few years. By 2025, the market of China's spunbonded nonwovens will increase by about US $2 billion.
It is understood that in recent years, China's spunbonded nonwoven industry has made great progress in product innovation and equipment upgrading. The raw materials and functions of products are becoming more and more diversified. The equipment is not only in the high speed, high yield, intelligence, safety, energy saving and other aspects, but also the continuous innovation of market demand, the development of two-component filter material production line, nonwoven Y type rolling mill, spunbonded wood pulp composite production line, and parallel two-component hot air consolidation equipment and so on.
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