Market Overview:
The global polyester sponge market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polyester sponges from various applications such as cleaning products, packaging, and other applications. Polyester sponges are made up of synthetic materials that are used for various purposes such as cleaning, scrubbing, and wiping. They are also used in automotive detailing and marine applications. These sponges have high absorbency capacity and are resistant to abrasion.
Product Definition:
Polyester Sponge is an inert, non-toxic material used in a variety of applications, such as filtration, insulation and packing.
Prepolymer Polyester Sponge:
Prepolymer Polyester (PPS) is a type of synthetic rubber, which has high resistance to oil and chemicals. It also offers good abrasion resistance and tensile strength. PPS sponges are used in various applications including automotive, industrial cleaners & greases, construction materials (as an abrasive), medical equipment & packaging among others.
The global prepolymer polyester sponge market size was valued at USD 1.91 billion in 2016.
Synthetic Sponge:
Synthetic sponges are man-made fibers that are made from chemical synthesis of polymers and have a high surface area. They can be used as an alternative to natural sponges such as animal hair, wood, or cotton. Synthetic sponges have several advantages over natural ones including higher strength and durability along with lower absorbency which makes them suitable for use in the textile industry.
Application Insights:
The other application segment includes food, medical and automotive industries. In the food industry, pre-polymer polyester sponges are used for washing fruits and vegetables to maintain their appearance. They are also used for cleaning fish before serving them in restaurants. In the medical industry, they are used as absorbents in hospitals to dry up water on surgical beds or floors after mopping. Automotive manufacturers use synthetic sponges as replacements for traditional rubber products since they offer better performance at a lower cost.
In terms of revenue, North America dominated the global polyester sponge market with a share of 33% in 2017 owing to high product consumption by major players such as Ford Motor Company LLC., General Motors Company LLC.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the region can be attributed to rising product demand from various application segments, including cleaning products, packaging, and automotive. Increasing population coupled with rapid urbanization has led to an increase in consumer spending on household products such as sponges that are used for cleaning purposes. This trend is projected to drive regional market growth over the forecast period.
The Asia Pacific was followed by North America which accounted for a revenue share of 23% in 2017 owing to increasing consumption of polyester sponges due primarily synthetic fibers production process called extrusion blow molding (EBM).
Growth Factors:
- Increasing demand from automotive and construction industries
- Rising disposable income of consumers in developing countries
- Technological advancements in manufacturing process of polyester sponge
- Growing popularity of polyester sponge as a green cleaning product
- Increasing awareness about the benefits of using polyester sponge among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyester Sponge Market Research Report
By Type
Prepolymer Polyester Sponge, Synthetic Sponge
By Application
Cleaning Products, Packaging, Other
By Companies
Corazzi, SRPCO, Spongezz, Marian Inc, NASRI KARAM & SONS, Acme Chamois and Sponge, Woodbridge Technical Products, Bruske, Fiamma, Corazzi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Polyester Sponge Market Report Segments:
The global Polyester Sponge market is segmented on the basis of:
Types
Prepolymer Polyester Sponge, Synthetic Sponge
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cleaning Products, Packaging, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corazzi
- SRPCO
- Spongezz
- Marian Inc
- NASRI KARAM & SONS
- Acme Chamois and Sponge
- Woodbridge Technical Products
- Bruske
- Fiamma
- Corazzi
Highlights of The Polyester Sponge Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Prepolymer Polyester Sponge
- Synthetic Sponge
- By Application:
- Cleaning Products
- Packaging
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyester Sponge Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyester sponges are made of a synthetic fiber that is spun into a thin sheet. The sheet is then cut into small pieces and heated until the polymer melts. This liquid polymer is then poured onto a surface and allowed to cool. Once it has cooled, the sponge can be shaped into any desired shape and used in various applications.
Some of the key players operating in the polyester sponge market are Corazzi, SRPCO, Spongezz, Marian Inc, NASRI KARAM & SONS, Acme Chamois and Sponge, Woodbridge Technical Products, Bruske, Fiamma, Corazzi.
The polyester sponge market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyester Sponge Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyester Sponge Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyester Sponge Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyester Sponge Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyester Sponge Market Size & Forecast, 2018-2028
4.5.1 Polyester Sponge Market Size and Y-o-Y Growth
4.5.2 Polyester Sponge Market Absolute $ Opportunity
Chapter 5 Global Polyester Sponge Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polyester Sponge Market Size Forecast by Type
5.2.1 Prepolymer Polyester Sponge
5.2.2 Synthetic Sponge
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyester Sponge Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polyester Sponge Market Size Forecast by Applications
6.2.1 Cleaning Products
6.2.2 Packaging
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyester Sponge Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyester Sponge Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polyester Sponge Analysis and Forecast
9.1 Introduction
9.2 North America Polyester Sponge Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polyester Sponge Market Size Forecast by Type
9.6.1 Prepolymer Polyester Sponge
9.6.2 Synthetic Sponge
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polyester Sponge Market Size Forecast by Applications
9.10.1 Cleaning Products
9.10.2 Packaging
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polyester Sponge Analysis and Forecast
10.1 Introduction
10.2 Europe Polyester Sponge Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polyester Sponge Market Size Forecast by Type
10.6.1 Prepolymer Polyester Sponge
10.6.2 Synthetic Sponge
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polyester Sponge Market Size Forecast by Applications
10.10.1 Cleaning Products
10.10.2 Packaging
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polyester Sponge Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyester Sponge Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polyester Sponge Market Size Forecast by Type
11.6.1 Prepolymer Polyester Sponge
11.6.2 Synthetic Sponge
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polyester Sponge Market Size Forecast by Applications
11.10.1 Cleaning Products
11.10.2 Packaging
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polyester Sponge Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyester Sponge Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polyester Sponge Market Size Forecast by Type
12.6.1 Prepolymer Polyester Sponge
12.6.2 Synthetic Sponge
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polyester Sponge Market Size Forecast by Applications
12.10.1 Cleaning Products
12.10.2 Packaging
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polyester Sponge Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyester Sponge Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polyester Sponge Market Size Forecast by Type
13.6.1 Prepolymer Polyester Sponge
13.6.2 Synthetic Sponge
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polyester Sponge Market Size Forecast by Applications
13.10.1 Cleaning Products
13.10.2 Packaging
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyester Sponge Market: Competitive Dashboard
14.2 Global Polyester Sponge Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corazzi
14.3.2 SRPCO
14.3.3 Spongezz
14.3.4 Marian Inc
14.3.5 NASRI KARAM & SONS
14.3.6 Acme Chamois and Sponge
14.3.7 Woodbridge Technical Products
14.3.8 Bruske
14.3.9 Fiamma
14.3.10 Corazzi
