The global polyester filament market is estimated at USD 106 billion in 2022 and is forecast to reach USD 174.7 billion by 2032, growing at a CAGR of 5.1% from 2022 to 2032.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Sales & Demand of Polyester Filament, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies.
The latest market research report analyzes Polyester Filament Market demand by Different segments. Providing business leaders with insights On Polyester Filament And how they can increase their market share.
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Polyester Filament Market Key Segments:
- By Yarn Type :
- Single yarn
- Ply Yarn
- Cord yarn
- By Type :
- Drawn Texture Yarn (DTY)
- Fully Drawn Yarn (FDY)
- Partially Oriented Yarn (POY)
- By Dyeing Process :
- By End-Use Industry :
- Textile Industry
- Automotive industry
- Other end-use industry
Polyester filament market competitive landscape shows top manufacturers including Filatex India Limited, Meher International, Thai Polyester Company, Sivasakhi threads, Beximco Synthetics Limited, Sarla Performance Fibers, Tepar Textiles, Indorama Ventures and Reliance Industries
Tier 3 players in the polyester filament market hold more than 40% of share. The majority of the share in the market is concentrated among tier 3 players.
Most of the tier 3 companies are based in Asia Pacific region, including Thailand, China, Japan, and India.
Increasing number of companies in Asia Pacific are exporting polyester filament to Europe, where most of the synthetic fiber is used in apparel.
The companies focusing on designing new products for clothing and home textile in Asia Pacific with new features.
Meanwhile, tier 1 and tier 2 players are entering into strategic partnerships and mergers & acquisitions to consolidate their position globally.