Reports and Data estimates the global Polyester Industrial Filament competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Polyester Industrial Filament during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include 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, among others.
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Polyester Industrial Filament Overview :-
These find usage in production for jackets, overcoats, and protective clothing, among others. The fast-drying and lightweight features of polyester filament make it a commonly used material in the sportswear industry, which is expected to drive the market growth in the forecast period. Mechanical rubber goods with tensile strength, high hardness, and tear resistance offers better processability. Also, owing to the granulated material, it results in less dust development at the time of mixing. In the automotive industry, mechanical rubber goods are used in making brake system intended for high-performance automotive.
Growing demand from the construction industry is likely to boost the market demand. Polyester Fiber Reinforced Concrete (PFRC) is used in cement concrete pavement material. Polyester industrial filament is resistant to alkali attacks, and PFRC is utilized as overlays and in pavement quality concrete. The application of PFRC may result in cement saving of nearly 10.0%, and with fly ash, the cement saving may be increased to about 35.0%. Polyester industrial filaments, owing to their non-biodegradable property, are used in cement concrete road works, thereby assisting in the conservation of the environment.
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For the purpose of this report Reports and Data has segmented global Polyester Industrial Filament market on the basis of type, application, and region:
Product Type Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)
- Partially Oriented Yarn (POY)
- Fully Drawn Yarn (FDY)
- Drawn Textured Yarn (DTY)
- Others
Raw Material Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)
- Polyethylene Terephthalate
- Poly-1, 4-Cyclohexylene Dimethylene (PCDT)
- Others
Application Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)
- Tire Cords
- Mechanical Rubber Goods
- Non-Woven Fabrics
- Air Bags
- Sew Threads
- Others
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)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Polyester Industrial Filament during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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