April 27, 2023 10:48 ET | Source: Research and Markets Research and Markets
Dublin, April 27, 2023 (GLOBE NEWSWIRE) -- The "Spunbond Nonwovens: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Spunbond Nonwovens Market to Reach $33 Billion by 2030 The global market for Spunbond Nonwovens estimated at US$17.9 Billion in the year 2022, is projected to reach a revised size of US$33 Billion by 2030, growing at a CAGR of 7.9% over the analysis period 2022-2030. Polyester Nonwoven
Disposable, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$24.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Disposable segment is readjusted to a revised 5.8% CAGR for the next 8-year period. The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 9.2% CAGR The Spunbond Nonwovens market in the U.S. is estimated at US$3.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.1 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR. What`s New for 2023?
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