Reports and Data estimates the global POLYESTER TEXTILE 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 TEXTILE 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 Meher International, Filatex India Limited, Sivasakhi Threads, Thai Polyester Company, Sarla Performance Fibers, Beximco Synthetics Limited, Indorama Ventures, Tepar Textiles, Fujian Jinlun Fiber Shareholding Company Limited and Reliance Industries.
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POLYESTER TEXTILE FILAMENT Overview :-
Polyester Textile Filament is one of the most commonly used synthetic polymer. Fabrics knitted or woven from polyester or polyester thread are used widely in home furnishing and apparel for pants, jackets, hats, blankets, bedsheets, computer mouse mats, and upholstered furniture. This filament in its industrial application is used in fabrics for conveyor belts, car tire reinforcements, safety belts, plastic reinforcements with high-energy absorption, and coated fabrics. It is also used in insulating and cushioning material in upholstery padding, comforters, and pillows. This filament is known for its traits like high stain-resistant, and the only class of dyes that can be used to change the color of polyester fabric are disperse dye. Such a wide arena of applications is one of the mentionable factors contributing to the growth of the sector.
Though various supporting factors are fostering the growth of the industry, adverse factors like fluctuating price of raw materials, availability of alternatives, and increasing demand for products made from natural sources may slow down the growth of the industry.
In regards to region, Asia Pacific can be seen to dominate the market. The dominance of the APAC region is attributed to well-established and growing garment sector and a developed automotive industry that is supporting the growth of the sector in this region.
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For the purpose of this report Reports and Data has segmented global POLYESTER TEXTILE FILAMENT market on the basis of type, application, and region:
Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020-2028)
- Partially Oriented Yarn (POY)
- Polyester Drawn Textured Yarn (DTY)
- Polyester Fully Drawn Yarn (FDY)
- Others
End-user Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020-2028)
- Healthcare sector
- Automotive industry
- Garment industry
- Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020-2028)
- Apparel
- Home furnishing
- Footwear
- Medical textile
- Automobile parts
- 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 TEXTILE 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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