The global polyester filament yarn market is expected to reach USD 106.23 Billion by 2030, according to a new report by Reports and Data. The growth of the market is attributed to the increasing applications of polyester filament yarns amongst the end-users.
The increasing use of polyester filament yarn in the textile industry is likely to drive the growth of the market in the upcoming years. The polyester filament yarns possess good elasticity, shape retention, wrinkle resistance, exceptional wash wear performance, washability, and longevity, among others, and as a result, finds extensive application in various types of apparel fabrics. It is used to make fashionable dresses, weather-resistant clothing, and is a preferred material for children’s wear.
Top Companies Operating in the Global Polyester Filament Yarn Market:
Tongkun Group Co. Ltd., Shenghong Corp., Xin Feng Ming Group, Reliance Industries Ltd., Reliance Industries Ltd., William Barnet Son LLC, Hengli Group, Indorama Ventures Public Company Limited, Polyfibre Industries, Toray Industries Inc., and GreenFiber International SA Get a sample copy of the global Polyester Filament Yarn market report, visit @ https://www.reportsanddata.com/sample-enquiry-form/2811
Further key findings from the report suggest
- Partially Oriented Yarn (POY) is a kind of polyester filament yarn, which is the primary polyester filament yarn produced by polymerizing and spinning processes. It is mostly used as a key raw material for drawn textured yarn (DTY).
- By material, polyethylene terephthalate (PET) held a larger market share in 2020 and is likely to grow at a rate of 7.8% in the forecast period. The market dominance of this grade is owing to the offering of high strength and lightweight properties.
- By application, tire cord contributed to the largest market share in 2020 and is expected to grow at a rate of 7.3% in the forecast period. Tire cord fabrics find application as strengthening materials for tires and developed to maintain the structural shape of the tires and support automotive weight, thereby having a considerable impact on tire performance.
- North American market, led by the U.S., held the second-largest market share in 2020 and is projected to grow at a rate of 6.8% in the forecast period.
Read full Report Description @ https://www.reportsanddata.com/report-detail/polyester-filament-yarn-market
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Polyester Filament Yarn Market Segmentation
Product Type Outlook (Volume, Kilo Tons; 2019-2030 and Revenue, USD Million; 2019-2030)
- Partially Oriented Yarn (POY)
- Fully Drawn Yarn (FDY)
- Drawn Textured Yarn (DTY)
- Others
Raw Material Outlook (Volume, Kilo Tons; 2019-2030 and Revenue, USD Million; 2019-2030)
- Polyethylene Terephthalate
- Poly-1, 4-Cyclohexylene Dimethylene (PCDT)
- Others
Application Outlook (Volume, Kilo Tons; 2019-2030 and Revenue, USD Million; 2019-2030)
- Tire Cords
- Mechanical Rubber Goods
- Non-Woven Fabrics
- Apparels
- Others
Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/2811
Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.
Get Explore Latest Research Reports:
Potassium Cyanide Market:https://stlmardigras.org/?URL=https://www.reportsanddata.com/report-detail/potassium-cyanide-market
Sodium Percarbonate Market:https://civicvoice.org.uk/?URL=https://www.reportsanddata.com/report-detail/sodium-percarbonate-market
Silica Sand Market:https://dramatica.com/?URL=https://www.reportsanddata.com/report-detail/silica-sand-market
White Cement Market:https://discobiscuits.com/?URL=https://www.reportsanddata.com/report-detail/white-cement-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Blog: https://www.reportsanddata.com/blogs
