- In March 2024, Fibertex Nonwovens, a subsidiary of Schouw & Co., announced a significant investment of USD 47.82 million aimed at expanding production capacity at two of its plants in the United States. This strategic move highlights the company's commitment to meeting growing market demands. Additionally, Fibertex is allocating an equal investment for capacity enhancements in its European facilities located in the Czech Republic and Turkey, further solidifying its global presence
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Fine Denier PET, and Nylon), Nylon Raw Material (Adipic Acid, and Caprolactam), Application (Automotive, Filtration, Rubber Belting/Hoses, Rubber Transfer Molding, Embroidery/Apparel, Composites, Carpet/Rugs, Agriculture, Electrical and Electronics, Textile, Home Furnishing, Tapes/Adhesives, and Others) - Industry Trends and Forecast to 2031
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The Global Spunbond Market size was valued at USD 12.39 USD Billion in 2023.
The Global Spunbond Market is projected to grow at a CAGR of 6.4% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
