Global Polyester Industrial Filament Market is expected to reach USD 73.42 Billion by 2028, according to a new report by Reports and Data. The growth of the market is attributed to the increasing demand of Global Polyester Industrial Filament amongst the end-use applications.
The increasing use of Global Polyester Industrial Filament in the textile industry is likely to drive the growth of the market in the upcoming years. The Global Polyester Industrial Filament possesses good elasticity, shape retention, wrinkle resistance, exceptional wash wear performance, washability, and longevity, among others, and as a result, finds extensive application in various types of apparel fabrics. It is used to make f ashionable dresses, weather-resistant clothing, and is a preferred material for children’s wear.
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. Global 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%. Global Polyester Industrial Filaments, owing to their non-biodegradable property, are used in cement concrete road works, thereby assisting in the conservation of environment.
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Key Players covered in this report are
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.
Major Points covered in this report are as below
The Global Polyester Industrial Filament industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
The Global Polyester Industrial Filament Market report provides key statistics on the market status of the Global Polyester Industrial Filament manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
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Market Overview:
The chemicals and materials industry is made up of a diverse group of businesses that differ in size, geography, business style, and end-market emphasis. These businesses are part of a larger ecosystem that includes oil, gas, coal, minerals, and bio-based materials as raw materials on one hand and a diverse range of application industries on the other. Petrochemicals, diversified manufacturers, and speciality chemical businesses have all been segments of the sector in the past.
The chemical industry has long been associated with Western Europe and North America. For a long time, Europe has been the leading manufacturer of chemical products, followed by the United States and Japan.
The Global Polyester Industrial Filament market has been segmented into key regions of the world and offers an analysis of growth rate, market share, market size, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Global Polyester Industrial Filament market.
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Based on Product Type market is segmented into:
Partially Oriented Yarn (POY)
Fully Drawn Yarn (FDY)
Drawn Textured Yarn (DTY)
Others
Based on Application market is segmented into:
Tire Cords
Mechanical Rubber Goods
Non-Woven Fabrics
Air Bags
Sew Threads
Others
Based on Region market is segmented into:
North America
Europe
Asia-Pacific
South America
Middle East Africa
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