/PRNewswire/ A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled.
/PRNewswire/ A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled.
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In an Unprecedented Development, Medical Disposables Become More Important that Missiles. Medical Applications of Spunbond Nonwovens Soars by a Mind-Bending 90.4%
Global medical applications of Spunbond Nonwovens is expected to soar by 90.4% in the year 2020, before stabilizing to 10.9% over the 2020 through 2027 period. The global market is expected to reach US$25.7 billion by the year 2027 trailing a post COVID-19 CAGR of 7.8% over the analysis period.
As the COVID-19 pandemic continues to spread across the globe, the nonwoven industry faces a mixed bag of opportunities and challenges, given its application in diverse end-use sectors. While the market faced a severe setback in construction, automobile, and packaging sectors, there was a significant demand from healthcare, hygiene and medical markets. Personal protective equipment (PPE) experienced an exponential demand during the first half of 2020, wit