Polyester Yarns Market Growth, Future Prospects and Competitive Analysis, 2017-2025
Polyester belongs to the class of polymers which comprise of ester functional group in the main chain. Being an explicit material, polyester generally refers to the fibers or yarns of polyethylene terephthalate. Polyesters comprise of synthetic materials such as polybutyrate as well as naturally occurring materials such as cutin of plant cuticles. All the natural polyesters are biodegradable, although a few synthetic polyesters also can be decomposed.
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Polyester yarns are extensively used in textile and clothing application. Fabrics knitted or woven from polyester yarns are used exclusively in apparel, clothing and home furnishings. Some of the most common polyester yarn textiles include pants, shirts, hats, jackets, blankets, bed sheets, computer mouse mats and upholstered furniture among others. Industrial polyester yarns are used in the manufacture of ropes which are used in fabrics for conveyor belts, car tire reinforcements, coated fabrics, safety belts and plastic reinforcements.
Polyester yarn is also used as insulating and cushioning material in comforters, pillows and padding of upholstery. Polyester yarns are extremely stain-resistant and are usually spun along with natural yarns to produce a fabric with added properties. Blends of cotton and polyester, also known as polycotton are wrinkle free, strong and slit resistant and help in reducing shrinking of the cloth.
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Although, blends of polyester and cotton yarns are relatively less breathable when compared to pure cotton and trap more moisture when in contact to the skin. Polyester yarns can easily melt when ignited and are less fire resistant.
Increasing demand for recycled polyester yarn is one of the key factor driving the growth of the global polyester yarn market. In addition, consumers are rapidly opting for sustainable and maintainable textiles which are prepared using recycled materials. Also, rising awareness about environmental protection is another key aspect bolstering the demand for polyester yarns. The ease of availability of sustainable textiles in a broad range of bright colors, stylish designs and attractive prints is in turn supplementing the overall demand.
Increasing demand for recycled yarns coupled with increasing application areas of polyester yarns especially in Asia Pacific is anticipated to accelerate the market growth over the foreseeable years. Unlike the rising demand for several housing related products such as bed sheets, curtains and mats, there is a surge in demand for carpets. Hence, the intensifying carpet market is projected to augment the overall demand for polyester yarns over the forecast period.
Owing to the variable climatic conditions, there is a surge in the demand for winter textiles across the colder regions of the globe. Natural polyester yarns are used to produce more delicate yarns especially for light weighted garments. Furthermore, the development of a broad range of applications of polyester yarns especially in the non-woven textile industry has augmented the overall growth in the demand for the polyester yarns.
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The global polyester yarns market is segmented on the following bases:
- Home Furnishing
- Automotive Fabrics
- Recording Tapes
- Industrial Fabrics
- Electrical Insulation
- Others (computers, plastic bottles, sail boats etc.)
- North America
- Asia-Pacific (APAC)
- Latin America
- Middle East & Africa (MEA)
Key Players Identified for Polyester Yarns Market Include but are Not Limited to:
Sateri International Co. Ltd. XINDA Corp, TEIJIN FRONTEIR Co. Ltd., ADVANSA, Hubei Botao Synthetic Fiber Co., ltd., W. Barnet GmbH & Co. KG, Toray Chemical Korea, Inc., Reliance Industries Limited, Alpek, S.A.B. de C.V., Huvis Corporation, Diuou Fibre (M) Sdn Bhd. and Indorama Corporation among other notable players.
This report offers:
- An overview of the global markets for polyester yarns market
- Market trends assessment for the period 2015-2025, with historical information for 2015, and projections through 2025, with respective CAGR during 2017-2025
- Qualitative assessment tools such as market drivers, challenges and future prospects, and market attractiveness
- Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
- A general overview of the industry structure
- Company profiles highlighting key information about the major players operating in the polyester yarns market
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