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Textile Yarn Market worth 12.64 Billion USD by 2020


Textile Yarn Market report categorizes the global market by Application (Home Textile, and Industrial), Source (Animal, Plant), Type (Natural and Artificial), & by Region – PowerPoint PPT presentation

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Title: Textile Yarn Market worth 12.64 Billion USD by 2020

MarketsandMarkets Presents
Textile Yarn Market worth 12.64 Billion USD by
  • 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
  • Early buyers will receive 10 customization on
  • 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. As a result, many multinational
    players have entered into the production of
    varied types of textile yarn products.

  • 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. Cotton and wool textile yarn have
    persistently been threats to this segment.
  • 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.

  • 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,
    high-growth regions, countries, and their
    respective regulatory policies, government
    initiatives, drivers, restraints, opportunities,
    and challenges.

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