Textile Yarn Market worth 12.64 Billion USD by 2020

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MarketsandMarkets Presents
Textile Yarn Market worth 12.64 Billion USD by
2020
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xtile-yarn-market-264179445.html
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The report "Textile Yarn Market by Source
(Animal, Plant, and Chemical), Type (Natural and
Artificial), Application (Apparel, Home Textile,
and Industrial), by Region - Global Forecasts
to 2020", The textile yarn market, estimated to
be valued at USD 10.27 billion in 2015, and reach
a projected value of USD 12.64 Billion by 2020,
at a CAGR of 4.2 from 2015 to 2020. Browse 105
market data Tables and 74 Figures spread through
173 Pages and in-depth TOC on "Textile Yarn
Market by Source (Animal, Plant, and Chemical),
Type (Natural and Artificial), Application
(Apparel, Home Textile, and Industrial), by
Region - Global Forecasts to 2020 http//www.mar
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Product types such as silk, hemp, and viscose
have been in demand owing to the demand for high
value fabrics and due to a shift in consumer
preference to more comfortable/affordable
clothing. The market demand for blended varieties
has also experienced higher than average growth,
as they combine the useful characteristics of
natural and artificial yarn. Hence, textile yarn
will be viewed as a business opportunity in the
next five years. Artificial yarn products to
dominate the textile yarn market The artificial
textile yarn products have been projected to lead
the market in terms of volume. Polyester, a
subsegment of the artificial textile yarn market,
is likely to dominate the overall market, and is
projected to grow at a comparatively higher CAGR
than most natural textile yarn types. The
artificial textile yarn products are likely to
face stiff competition from natural textile yarn
such as hemp and silk yarn, as these segments
have been fast growing owing to the demand for
hemp in industrial uses and silk for fabric.
Polyester textile yarn The most widely used
textile yarn product globally The polyester
subsegment of artificial textile yarn products
accounted for the largest share in the textile
yarn market in terms of volume in the year 2014.
However, the other artificial textile yarn
subsegment such as viscose is projected to grow
at comparatively higher CAGR due to increasing
demand from the apparel industry.
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xtile-yarn-market-264179445.html
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The growing requirement for diverse physical and
chemical properties in end-use products to boost
the textile yarn market Countries in the
Asia-Pacific, Latin America, Eastern Europe, and
the Middle East regions are thriving in terms of
growing contribution of the apparel industry
toward the GDP with high levels of product
development and marketing. The rising population
levels have also created the demand for clothing
and home furnishing products globally. Increasing
per capita disposable income in these regions is
another driver for the textile yarn market. This
report includes a study of marketing and
development strategies, along with the product
portfolios of leading companies. It includes the
profiles of leading companies such as Parkdale
Mills Incorporated (U.S.), Vardhman Textiles Ltd.
(India), Weiqiao Textile Company Ltd (China),
Huvis Corporation (South Korea), and Grasim
Industries Ltd (India). The report covers
natural textile yarn such as cotton, wool, silk,
hemp, flax, jute, and ramie and artificial
textile yarn types such as polyester, nylon,
viscose, and acrylic in terms of volume. In terms
of insights, this research report has focused on
various levels of analyses industry analysis,
market share analysis of top players, and company
profiles, which together comprise and discuss the
basic views on the competitive landscape,
emerging high-growth segments of the global
textile yarn market.
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xtile-yarn-market-264179445.html
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