Textile Yarn Market by Application, Type, Region - 2020 | MarketsandMarkets

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MarketsandMarkets Presents
Textile Yarn Market- Global Forecast 2023
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extile-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. With the
higher levels of commercialization of the fabric
market in the North American, European, and Asian
economies and increasing consumer consciousness
with regard to quality, the demand for varied
products is expected to enhance the market growth
in the near future.The market growth is driven by
higher levels of discretionary expenditure by
consumers and development of new varieties. The
market is further driven by factors such as
urbanization and high industrial
requirement. Among the varied types for
artificial yarn products, such as polyester,
nylon, viscose, and acrylic, polyester accounted
for the largest market share, followed by acrylic
and nylon. Polyester and nylon are largely used
in European and Asian countries in the apparel
industry and is used in blended varieties as
well. 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 The periodization considered for the study
is as follows Base year 2014 Forecast period
2015 to 2020 Download PDF Brochure
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sp?id264179445
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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. Make
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• Scope of the Report
• Cotton yarn and other yarns market, by Source
• Animal
• Plant
• Chemical
• Others (blended yarn and other synthetic and
  natural yarns)
• Cotton yarn and other yarns market, by Type
• Natural
• Artificial
• Cotton yarn and other yarns market, by Natural
  Subtype
• Cotton
• Wool
• Silk
• Hemp
• Flax
• Jute
• Ramie
• Cotton yarn and other yarns market, by Artificial
  Subtype

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• Cotton yarn and other yarns market, by
  Application
• Apparel
• Home textile
• Industrial
• Others (medical and sports applications)
• Cotton yarn and other yarns market, by Region
• North America
• Europe
• Asia-Pacific
• RoW (Latin America, Middle East, and Africa)
• 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.
• Request Sample https//www.marketsandmarkets.com/
  requestsampleNew.asp?id264179445

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