- avoid the supply shortfalls seen at the pandemic's onset
- allow the market to renormalize
- mitigate lost sales in other key markets, like automobile and furniture manufacturing – both of which are declining amid the pandemic due to dampened consumer spending
Meltblown nonwovens to post 12% growth in 2020
Demand for meltblown nonwovens is forecast to grow 6.3% per year through 2024 to $6.71 billion, boosted by a big demand spike in 2020 due to COVID-19. As the virus spread, surging demand for meltblown used in crucial medical supplies like masks caused supply shortages and price hikes that were offset by losses in the large automotive filter market, as the need to combat the spread of COVID-19 boosted use of protective gear while leading to shutdowns of many automotive manufacturing facilities.
Spunbond nonwovens continues to benefit from popularity of composite nonwovens
Demand for spunbond nonwovens is forecast to grow 3.3% per year through 2024 to 5.23 million metric tons. Spunbond nonwovens also saw a demand surge in medical and hygiene product applications (i.e.: masks, wipes) in the first half of 2020 due to the pandemic. Spunbond demand gains will be supported by the continued popularity of using spunbond webs (usually with meltblown products) to produce composite nonwovens, which have a favorable blend of characteristics.
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