Global Spunbond Market is expected to register a healthy CAGR of 11.8% in the forecast period of 2019 to 2026. The years considered for study are as mentioned below:
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The spunbond market is a highly concentrated market which includes key players and local players. The market is growing owing to the favourable market scenario. The market has a prominent growth in upcoming years due to high demand of nylon spunbond in adventure sports equipment’s and high tensile strength and consistency at higher temperature.
The market has witnessed developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand of innovative technologies. For instance, In July 2019, Berry Global Group, Inc. announced the acquisition of RPC Group Plc for a sum of USD 6500 million. The acquisition will help the company to become global supplier of protective solutions.
DuPont dominated the global spunbond market. The other key players in the market includes Asahi Kasei Corporation, Mogul Co., Ltd., Yaolong Spun bonded Nonwoven Technology Co., Ltd, Quanzhou Golden Nonwoven Co.,ltd., TORAY INDUSTRIES, INC., HuahaoNonwovens Co.,Ltd., Berry Global Inc., Radici Partecipazioni SpA, Kolon Industries, Inc., APEX Nonwovens, SHINKONG SYNTHETIC FIBERS CORP, Wenzhou Superteng Nonwoven Technology Co., Ltd, CEREX ADVANCED FABRICS, INC., Hadtex among others.
DuPont:
The DuPont is headquartered in Michigan, U.S. was founded in 1897. The company is focused in deliver a broad range of innovative and technology-based products and solutions in the packaging, industrial and infrastructure, and consumer care industries. The company operates through three business segments which include agriculture, material science and specialty products.
The agriculture segment offers a wide range of providing crop protection and seed/plant biotechnology products. The material science provides innovations and technological products for chlor-alkali and vinyl, industrial solutions and polyurethanes. Special product offers elastomers, electrical and telecommunications, packaging and specialty plastics, energy and hydrocarbons divisions. Apart from this company also offers infrastructure solution including building & construction, coating materials, energy & water solutions and silicones solutions.
- In September 2017, Dow Announced start-up of Ethylene Production Facility and ELITE Polyethylene Unit in Texas This start-up will captures first-mover advantage and serves as cornerstone for industries most integrated and differentiated derivatives slate ELITE polyethylene unit and co-monomer capability to meet growing demand for flexible packaging.
It has its global networks through direct sales representatives and distributors in more than 60 countries in the U.S. & Canada, Europe, Middle East and Africa, Asia-Pacific, Latin America. It operates through its subsidiaries such as The Dow Chemical Company (U.S.), 3313045 Nova Scotia Company (Canada), Dow (Zhangjiagang) Holding Co., Ltd. (China) among others.
Asahi Kasei Corporation:
Asahi Kasei Corporation headquartered in Tokyo, Japan was established in 1931. The company is engaged in the development of fiber products, chemicals and electronic related materials. The company has four operating divisions namely Material, Homes, Health Care and Others.
Material segment manages fibers & textiles, petrochemicals and electronics operations. The Home segment includes order-built homes operations. The healthcare segment includes pharmaceutical operations and the others comprises of other operations.
- In June 2019, ZOLL Medical Corporation, manufactures medical devices acquired TherOx, Inc. The acquisition will help the company to expand the ZOLL product portfolio in support of excellence for patients and caregivers.
It has its global networks in North America, Europe, Asia, Japan, Central and South America, Oceania. The company has various subsidiaries such as Asahi Kasei Construction Materials Corporation (Japan), ZOLL Medical Corporation (U.S.), Asahi Kasei America, Inc. (U.S.), Polypore International Inc (U.S.), Crystal IS Inc. (U.S.), among others.
Mogul Co., Ltd.:
Mogul Co., Ltd. is headquartered in Gaziantep, Turkey founded in 1997. The company is engaged in manufacturing of nonwoven fibers and other fabrics. Mogul Co., Ltd. operates through its product categories namely Microfilaments, Bi-component, Spunlace, Spunbond, Meltblown, SM, SMS & MMM and Coated, Treated, Laminated Fabrics & Films.
- In June 2018, Mogul Co., Ltd. showcased its innovative products of the new brand line namely Madaline at ANEX. The brand includes products suitable with environmental concern and automotive material. The main motive towards the launch of new brand line is the company’s business expansion in the Asian countries.
The company has wide geographical presence in only Turkey. It operates through its Federal Mogul Argentina SA (Australia), Antwerp Branch (Belgium), Federal-Mogul Canada Limited (Canada), Federal-Mogul Qingdao Piston Co. Ltd. (China), Federal Mogul Aftermarket France SAS (France), Federal-Mogul Deva GmbH (Germany), Federal-Mogul Trade (Asia) Limited (Hong Kong), Federal-Mogul Products (India ) Private Ltd. (India), Federal-Mogul Holding Italy Srl (Italy), Federal-Mogul Systems Protection Group KK (Japan), Federal-Mogul S.A. de C.V. (Mexico), Federal-Mogul Global B.V. (Netherlands), Federal-Mogul World Trade Pte., Ltd. (Singapore), Federal-Mogul Brake Systems Ltd (U.K.), Federal-Mogul Global Inc. (U.S.) and Others.
