Global Recycled Polyester Filament Yarn Market Size By Type, By Raw Material, By Geographic Scope And Forecast

Recycled Polyester Filament Yarn Market Size And Forecast

Recycled Polyester Filament Yarn Market size was valued at USD 60.36 Billion in 2024 and is projected to reach USD 106.37 Billion by 2031, growing at a CAGR of 7.34% during the forecasted period 2024 to 2031.

The rising applications of polyester filament yarns among end-user are attributable to the market’s growth. The Global Recycled Polyester Filament Yarn Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Recycled Polyester Filament Yarn Market Definition

The building industry’s growing need is expected to improve market demand. In cement concrete pavement, polyester fiber reinforced concrete (PFRC) is employed. PFRC is used as overlays and in pavement grade concrete because polyester filament yarns are resistant to alkali assaults. Polyester filament yarns are utilized in cement concrete road works because they are non-biodegradable, which helps to conserve the environment.

These are used in jackets, overcoats, and protective gear, among other things. These fibers are widely used in domestic furnishings, from curtain fabrics to furniture covers, table and bed linen to a wall and floor coverings, as well as cushions and pillow filling. Polyester filament yarns are used in a variety of industries, as well as in a variety of other applications. Polyester filament is a regularly utilized material in sportswear due to its fast-drying and lightweight properties, which is projected to fuel market expansion over the forecast period.

Global Recycled Polyester Filament Yarn Market Overview

The global market for polyester fiber chains is being driven by increasing population, fast industrialization, and urbanization. The demand for recycled polyester staple fibers is increasing as people become more conscious of environmental issues. The rising need for specialty mattresses is expected to drive market demand in the future, owing to consumers’ growing preference for eco-friendly products. Recycled Polyester Filament Yarn Market include a notable increase in the use of polyester in the textile industry, including apparel and home furnishings, rising demand for the polyester filament in automotive textile manufacturing, expansion of the technical textile industry, favorable government policies, and positive movement in international raw material prices.

Polyester filament is adaptable and may be used in huge regions. (from clothing for the general public to heavy industrial purposes) Because of its better physical characteristics, cheaper price, adaptability, and recyclability, polyester is the most desired and demanded fiber in the textiles business, providing a fully unique combination of features unmatched by any other natural or synthetic fiber. Polyester filament yarn output was higher than the other polyester goods among all polyester products. Polyester fiber accounts for roughly half of the total manmade and natural fiber market worldwide. Polyester filament yarn is currently in demand from both domestic and imported sources.

A major element driving the market is the rising demand for the polyester filament in the creation of automotive textile. Manufacturers are achieving new milestones because of the expansion of the technical textile industry, favorable government regulations, and positive movement in international raw material costs. Furthermore, it is adaptable and can be used in a wide range of situations, which is a Recycled Polyester Filament Yarn Market expansion. Increased demand for cotton may be hampered by higher pricing of polyester staple fiber, which could stifle market expansion. However, demand for the polyester filament in the home furnishings and garment industries is expected to remain robust in the future years, boosting the market.

Global Recycled Polyester Filament Yarn MarketSegmentation Analysis

The Global Recycled Polyester Filament Yarn Market is segmented on the basis of Type, Raw Material, And Geography.

Recycled Polyester Filament Yarn Market, By Type

• Partially Oriented Yarn (POY)• Fully Drawn Yarn (FDY)• Drawn Textured Yarn (DTY)• Others

Based on Type, The Market is bifurcated into Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY), Drawn Textured Yarn (DTY), and Others. Polyester filaments that are fully drawn are expected to outsell other types of polyester filaments. The significant expansion of fully drawn yarn in the Recycled Polyester Filament Yarn Market is being driven by an increased preference for fully drawn yarn utilized in the manufacture of textiles and fabrics for high-end sportswear, undergarments, and home textiles. The textile industry is seeing an increase in demand for both drawn texture yarn and fully drawn yarn.

Recycled Polyester Filament Yarn Market, By Raw Material

• Polyethylene Terephthalate• Poly-1, 4-Cyclohexylene Dimethylene (PCDT)• Others.

Based on Raw Material, The Market is bifurcated into Polyethylene Terephthalate, Poly-1, 4-Cyclohexylene Dimethylene (PCDT) and Others. Due to rising demand for resilience and elasticity in consumer products, poly-1, 4-cyclohexylene dimethylene (PCDT) is predicted to grow at a 6.9% annual rate throughout the projection period.

Recycled Polyester Filament Yarn Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Regional Analysis, The market is bifurcated into North America, Europe, Asia-Pacific, And Rest of the world. In 2018, Asia Pacific had the greatest market share, and this trend is expected to continue during the projected period. The fast-growing textile industries (weaving, garment manufacturing, dyeing, and finishing) have been consuming increasing amounts of polyester fibres in the Asia Pacific area, which is a key consumer market globally. China accounts for the vast majority of polyester consumption in Asia, followed by India and Southeast Asia.

Key Players

The “Global Recycled Polyester Filament Yarn Market” study report will provide a valuable insight with an emphasis on the global Market. The major players in the Market are Tongkun Group, Reliance, Zhejiang Hengyi Group, Shenghong, Xin Feng Ming Group, Hengli Group, Million Industrial, Jiangsu Sanfangxiang Group, Nanya, Rongsheng PetroChemical, Sinopec Yizheng Chemical Fibre. The competitive landscape section also includes key development strategies, Market share, and Market ranking analysis of the above-mentioned players globally.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the Market based on segmentation involving both economic as well as non-economic factors• Provision of Market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the Market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the Market within each region• Competitive landscape which incorporates the Market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major Market players• The current as well as future Market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the Market of various perspectives through Porter’s five forces analysis• Provides insight into the Market through Value Chain• Market dynamics scenario, along with growth opportunities of the Market in the years to come• 6-month post sales analyst support

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