Polyester Filament Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027

Published on : Dec-2018 | List of Tables : 123 | List of Figures : 99 | No. of Pages : 170 | Report Code : FACT2443MR | Format : ppt pdf Excel Word

Key Insights- Polyester Filament Market

Market Shares Consolidated Among Tier 3 Players

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.

Fact.MR’s study offers incisive insights on the polyester filament market. A summary of the report is available upon request.

Growing Permeation of Textile Materials in Healthcare

Textile materials are widely adopted in medical and surgical applications. Research utilizing new and existing materials is leading to the advancement of surgical and medical textiles. Biodegradability, flexibility, and softness are at the forefront of medical textile development.

The demand for textile in implantable devices is growing significantly. Polyester is emerging as the major material in medical textile implant devices. Materials including polyester low-density filaments and polyester multifilament are largely used as textile medical implants for artificial tendon, heart valves, vascular grafts, artificial ligament, etc.

Owing to the good mechanical and chemical properties, and low moisture absorption, polyester filament sales is high in artificial grafts. Polyester filament is emerging as a chief substitute for cotton in healthcare uniform market. 100% polyester is considered as sustainable alternative to polyester-cotton blended fabrics. Owing to its easy recyclability, comfort, and lowest survival of harmful micro-organisms on surface of polyester as compared to cotton. 

Medical textile is witnessing significant growth in India due to the rise in medical tourism and easy availability of products. Government is also contributing to the research of technical textiles and promoting use of non-woven textile in government hospitals.

Apparel and Home Furnishing Production to Undergird Demand for Polyester Filament

Polyester textile filament is a main category of polyester filament finding wide usage in textile and fabrics production used to produce apparel, footwear, and home furnishing. The demand for polyester filament is growing rapidly compared to natural filament in apparel production owing to its durability, wrinkle resistance, minimal shrinkage, and high color retention.

Northeast Asia is the focal point of world’s polyester filament yarn production, with demand largely driven by textile industry in India and China. Polyester filament is overtaking cotton as the dominant fiber in home furnishing industry with new interior designing concepts and growing urbanization, especially in developing countries.  

Polyester filament demand in home furnishing and apparel industry will continue to be strong in the coming years. Polyester filament yarn is largely used as a substitute to cotton yarn owing to the short supply and high cotton prices, and constant improvement in manufacturing technologies of polyester filament.

Proportionate Relationship of Polyester Filament and Crude Oil Prices

Growing raw material prices and increasing production cost following the high crude oil prices are impacting the polyester filament market. The cost of raw materials including petrochemicals such as PTA and DMT refined from crude oil are constantly increasing, resulting in the high prices of synthetic yarns. 

According to the International Energy Agency (IEA), there is a high risk of oil prices increase rapidly in the coming months. Moreover, IEA also found that impact on Iran from further US sanctions and supply problem in Libya and Venezuela are likely to affect OPEC’s drive to increase the production and ease prices.

The cost of synthetic fiber is constantly rising in Asia. China with world’s polyester filament production capacity also lifted the price of polyester filament yarn with upward fluctuation in crude oil prices. Moreover, fiber suppliers are reluctant to reduce the price if demand remains strong. Increase in crude oil prices in India is leading to sharp rise in petrochemical cost hitting polyester filament yarn industry.

The International Cotton Advisory Committee has also stated that the recovery in cotton production will continue in coming years, with growth expected to reach 11%. It also expects boost in cotton demand due to the rise in oil prices, affecting synthetic fiber prices including nylon and polyester.

Recycled Polyester Filament Gains Significant Palpability

Textile industry is moving towards sustainable development by using recycled polyester. This is leading to the production of recycled polyester filament using products from landfill and waste PET bottles and other PET waste. The demand for recycled polyester filament is growing in apparel, fashion, and retail industries moving towards development and production of new products.

Developed countries around the world are supporting the idea of using recycled polyester in various industries. Brands are increasingly incorporating recycled polyester filament yarns made from plastic bottles in the apparel products.

In an effort to support and level-up recycling, manufacturers in the developed nations are focusing on opening plastic bottle processing facility to produce recycled polyester. The demand for high grade recycled polyester is growing as the apparel brands are overcoming the technical issues associated with recycled polyester including matching pastel shades and levelling in dyeing.

However, with China’s ban on import of plastic waste, which includes around 2.5 million ton of PET waste used in production of recycled polyester including filament and staple fiber has increased the price of both recycled and virgin fiber. Moreover, countries previously exporting plastic waste to china are redirecting recyclable waste to Thailand, Malaysia, and Vietnam.

market attractive index by end use industry

Competitive Landscape

The report on the polyester filament market offers key insights and detailed profiles of all the major players operating in polyester filament market. The report also includes key developments, business strategies and new product launches by the leading players in the polyester filament market. The report also provides growth strategies adopted by major layers along with the mergers and acquisitions, and strategic partnerships in the polyester filament market.

Indorama Ventures, a Thai petrochemical company has acquired 74% stake in Egypt-based Medco Plast for Packing and Packaging Systems. The acquisition will help Indorama Ventures to expand in East African PET packaging market. This is a second deal of Indorama Ventures in Egypt as the company also entered into a joint venture with Dhunseri Petrochem Limited to acquire PET facility in Egypt.

For full coverage of the competitive landscape in the polyester filament market, get in touch with our experts.

Definition

Polyester filament are made using PET polyester and are widely used in modern fiber manufacturing industries. Polyester filament is also used in the form of monofilament and multifilament. Polyester filament are increasingly used in textile industry including apparel, footwear, home furnishing, and in healthcare industry in medical textile.

About the Report

The report on the polyester filament market focuses on the all the factors influencing the polyester filament market growth. The study also provides actionable and valuable insights on the market. Historical data and forecast on the polyester filament market is also included in the report. The report provides details on the market dynamics including key trends, growth opportunities, market driving factors, and restraints in the polyester filament market.

The polyester filament market report also provides an overview of the market including important information on the current scenario in the polyester filament market, along with the segment-wise and region-wise analysis. The report also elaborate market demand, company competition and factors influencing price and sales of polyester filament globally.

polyester filament market increment opportunity assessment by region

Market Segmentation

The polyester filament market is segmented on the basis of yarn type, type, end-use industry, and dyeing process. The key segments in the polyester filament market are further segmented into sub-segments to offer better understanding of the polyester filament market.

On the basis yarn type, the polyester filament market is segmented into single yarn, ply yarn, and cord yarn. Based on the type, the market segment includes Drawn Texture Yarn (DTY), Fully Drawn Yarn (FDY), and Partially Oriented Yarn (POY). By end-use industry, the polyester filament market is segmented into textile industry, automotive industry, healthcare, and other end-use industry. Based on the dyeing process, the polyester filament market is segmented into dyed and non-dyed.

global polyester filament market taxonomy

Additional Questions Answered

The report on the polyester filament market answers some vital questions the polyester filament market scenario. Some of the additional questions answered include-

  • Which industry is expected to be the largest user of polyester filament in the coming years?
  • What are the factors hampering the growth of polyester filament market?
  • Which region will account for the largest revenue share in the polyester filament market?
  • Which yarn type will have the highest value in the polyester filament market by 2018 end?

Research Methodology

A constructive research methodology is used to offer key insights and data on the polyester filament market. The forecast and market dynamics included in the report are derived from primary and secondary research. The insights on the market were obtained by conducting interviews with the industry experts. The information on the polyester filament market through secondary research were cross-checked with valid data sources and confirmed by the polyester filament market experts. The data collected in research phase have been closely analyzed to inform players about the opportunities in the polyester filament market.

-> Request methodology of this Report.

The latest report on polyester filament market by Fact.MR provides insights and forecast on the market. The report also focuses on the factors impacting the growth of the polyester filament market worldwide. Market dynamics including drivers, latest trends, challenges, and growth opportunities in the polyester filament market are included in the report. The study also includes qualitative and quantitative analysis of the polyester filament market. Competitive analysis along with the business strategies and new product launches by the leading players in the polyester filament market are also provided in the report.

Chapter 1- Executive Summary

This chapter of the report provides summary of the latest trends and growth opportunities for the players in the polyester filament market.

Chapter 2- Market Overview

This chapter of the report offers introduction of the polyester filament market along with the market taxonomy. The chapter also includes product specific definition of polyester filament. The report provides year-on-year growth of the market and market dynamics. Macro-economic factors, supply chain, pricing analysis, capacity utilization, major application of polyester, and production capacity of the major players are also included in this chapter. Information on importing, exporting, demand, and supply of polyester filament is also provided in the report.

Chapter 3- Polyester Filament Market Analysis and Forecast

This section of the report offers details on all the major segments in the polyester filament market. The market in this chapter is segmented into type, yarn type, end-use industry, and dyeing process. All the segments on polyester filament market are divided into sub-segments to provide in-depth understanding of the market. Each segment in the report includes value, volume, CAGR, and year-on-year growth.

Chapter 4- North America Polyester Filament Market Analysis

The chapter in the report focuses on the current scenario of the polyester filament market in North America. The report also provides value and volume data on the key countries, and key segments including yarn type, type, dyeing process, and end-use industry in polyester filament market in North America.

Chapter 5- Latin America Polyester Filament Market Analysis

This section in the report focuses on the key trends, opportunities, and challenges in the polyester filament market in Latin America. The report also provides country-wise analysis of the market in Latin America. Market share, CAGR, volume, value, and year-on-year growth in the key countries in Latin America is also included in the report.

Chapter 6- Polyester Filament Market in Europe

This chapter provides details on the revenue share of all the key segments and countries in the polyester filament market in Europe. Factors leading to the growth of the polyester filament market in Europe and its key countries are also highlighted in the report. Key players in the region and business strategies adopted by them is also included in the report.

Chapter 7- Polyester Filament Market in Japan

The section in the report covers the current scenario of the polyester filament market in Japan. All the key factors and trends influencing the growth in the polyester filament market in Japan are also included in the report. The chapter also provides market value and volume share along with the market attractiveness analysis of polyester filament market in Japan.

Chapter 8- APEJ Polyester Filament Market Analysis

This chapter in the report offers comprehensive analysis of the polyester filament market in Asia Pacific Excluding Japan (APEJ). The report focuses on the key drivers of growth and restraints for the major players in the polyester filament market in APEJ. Country-wise analysis of the polyester filament market in APEJ is also included in the report.

Chapter 9- MEA Polyester Filament Market Analysis

This section of the report offers in-depth analysis of changing dynamics in the polyester filament market in the Middle East & Africa (MEA). The report also includes historical market data, current polyester filament market size, and future growth prospects in the polyester filament market in MEA. The report also covers information on the current market situation in the key countries in the region.

Chapter 10- Competitive Landscape and Company Profiles

This chapter of the report offers details on the key market players. It also provides a dashboard view of the leading players in the polyester filament market. Market structure and company share analysis of the polyester filament market is also offered in this chapter.

global polyester filament market absolute opportunity 2018 2027

1. Global Polyester Filament Market - Executive Summary

2. Global Polyester Filament Market Overview
   2.1. Introduction
        2.1.1. Global Polyester Filament Market Taxonomy
        2.1.2. Global Polyester Filament Market Definition
   2.2. Global Polyester Filament Market Size (US$ Mn & Volume) and Forecast, 2013-2027
        2.2.1. Global Polyester Filament Market Y-o-Y Growth
   2.3. Global Polyester Filament Market Dynamics
   2.4. Supply Chain
   2.5. Pricing Analysis
   2.6. Macro-Economic Factors
   2.7. Global Polyester Production
   2.8. Global Consumption Share for major fibers
   2.9. Global and regional per capita consumption
   2.10. Demand and supply of raw materials for the Polyester Filament Industry
   2.11. Polyester sales in the European market, 2016
   2.12. Global import and export analysis of polyester across the world
   2.13. Global mono-filament import and export analysis across the world
   2.14. Top 15 polyester importing countries
   2.15. Top 15 polyester exporting countries
   2.16. Recycling of Polyester
   2.17. Major application of Polyester
   2.18. Capacity Utilization
   2.19. Production Capacity by Key players

3. Global Polyester Filament Market Analysis and Forecast 2013-2027
   3.1. Global Polyester Filament Market Size and Forecast By Yarn type, 2013-2027
        3.1.1. Single yarn Market Size and Forecast, 2013-2027
               3.1.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.1.1.2. Market Share Comparison, By Region
               3.1.1.3. Y-o-Y growth Comparison, By Region
        3.1.2. Ply Yarn Market Size and Forecast, 2013-2027
               3.1.2.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.1.2.2. Market Share Comparison, By Region
               3.1.2.3. Y-o-Y growth Comparison, By Region
        3.1.3. Cord yarn Market Size and Forecast, 2013-2027
               3.1.3.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.1.3.2. Market Share Comparison, By Region
               3.1.3.3. Y-o-Y growth Comparison, By Region
   3.2. Global Polyester Filament Market Size and Forecast By Type, 2013-2027
        3.2.1. Drawn Textured Yarn(DTY) Market Size and Forecast, 2013-2027
               3.2.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.2.1.2. Market Share Comparison, By Region
               3.2.1.3. Y-o-Y growth Comparison, By Region
        3.2.2. Fully Drawn Yarn(FDY) Market Size and Forecast, 2013-2027
               3.2.2.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.2.2.2. Market Share Comparison, By Region
               3.2.2.3. Y-o-Y growth Comparison, By Region
        3.2.3. Partially Oriented Yarn(POY) Market Size and Forecast, 2013-2027
               3.2.3.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.2.3.2. Market Share Comparison, By Region
               3.2.3.3. Y-o-Y growth Comparison, By Region
   3.3. Global Polyester Filament Market Size and Forecast By End-Use Industry, 2013-2027
        3.3.1. Textile Industry Market Size and Forecast, 2013-2027
               3.3.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.3.1.2. Market Share Comparison, By Region
               3.3.1.3. Y-o-Y growth Comparison, By Region

 3.3.1.4. Textile Industry % market share, 2018
                        3.3.1.4.1. Wearing Apparels

                                                         Protective Wear

                                                         Mining Wear

                                                         Sports Wear

                                                         Other wearing apparels

                        3.3.1.4.2. Home Furnishing
                        3.3.1.4.3. Decorative Textile Manufacturing
                        3.3.1.4.4. Other textile industry

        3.3.2. Automotive industry Market Size and Forecast, 2013-2027
               3.3.2.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.3.2.2. Market Share Comparison, By Region
               3.3.2.3. Y-o-Y growth Comparison, By Region
               3.3.2.4. Automotive Industry % market share, 2018
                        3.3.2.4.1. Automotive Flock Industry
                        3.3.2.4.2. Airbag Manufacturing
                        3.3.2.4.3. Mechanical Rubber Good(MRG) Manufacturing
                        3.3.2.4.4. Tirecord Manufacturing
        3.3.3. Healthcare Market Size and Forecast, 2013-2027
               3.3.3.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.3.3.2. Market Share Comparison, By Region
               3.3.3.3. Y-o-Y growth Comparison, By Region
               3.3.3.4. Healthcare Industry % market share, 2018
                        3.3.3.4.1. Orthopedic Bandage
                        3.3.3.4.2. Non-biodegradable sutters
                        3.3.3.4.3. Blankets
                        3.3.3.4.4. Wearing Apparels
                        3.3.3.4.5. Protective Clothing
                        3.3.3.4.6. Others
        3.3.4. Other End-Use Industry Market Size and Forecast, 2013-2027
               3.3.4.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.3.4.2. `Market Share Comparison, By Region
               3.3.4.3. Y-o-Y growth Comparison, By Region
   3.4. Global Polyester Filament Market Size and Forecast By Dyeing Process, 2013-2027
        3.4.1. Dyed Market Size and Forecast, 2013-2027
               3.4.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.4.1.2. Market Share Comparison, By Region
               3.4.1.3. Y-o-Y growth Comparison, By Region
        3.4.2. Non-Dyed Market Size and Forecast, 2013-2027
               3.4.2.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.4.2.2. Market Share Comparison, By Region
               3.4.2.3. Y-o-Y growth Comparison, By Region
   3.5. Global Polyester Filament % Market Share by No. of Twists, 2018
        3.5.1. Low Twist (up to 230 twist per meter)
        3.5.2. Medium Twist (230-900 twist per meter)
        3.5.3. High Twist (above 900 twist per meter)

4. North America Polyester Filament Market Size and Forecast, 2013-2027
   4.1. Revenue (US$ Mn) & Volume Comparison, By Country
   4.2. Revenue (US$ Mn) & Volume Comparison, By Yarn type
   4.3. Revenue (US$ Mn) & Volume Comparison, By Type
   4.4. Revenue (US$ Mn) & Volume Comparison, By End-Use Industry
   4.5. Revenue (US$ Mn) & Volume Comparison, By Dyeing Process
   4.6. % market share by No. of Twists, 2018

5. Latin America Polyester Filament Market Size and Forecast, 2013-2027
   5.1. Revenue (US$ Mn) & Volume Comparison, By Country
   5.2. Revenue (US$ Mn) & Volume Comparison, By Yarn type
   5.3. Revenue (US$ Mn) & Volume Comparison, By Type
   5.4. Revenue (US$ Mn) & Volume Comparison, By End-Use Industry
   5.5. Revenue (US$ Mn) & Volume Comparison, By Dyeing Process
   5.6. % market share by No. of Twists, 2018

6. Europe Polyester Filament Market Size and Forecast, 2013-2027
   6.1. Revenue (US$ Mn) & Volume Comparison, By Country
   6.2. Revenue (US$ Mn) & Volume Comparison, By Yarn type
   6.3. Revenue (US$ Mn) & Volume Comparison, By Type
   6.4. Revenue (US$ Mn) & Volume Comparison, By End-Use Industry
   6.5. Revenue (US$ Mn) & Volume Comparison, By Dyeing Process
   6.6. % market share by No. of Twists, 2018

7. Japan Polyester Filament Market Size and Forecast, 2013-2027
   7.1. Revenue (US$ Mn) & Volume Comparison, By Yarn type
   7.2. Revenue (US$ Mn) & Volume Comparison, By Type
   7.3. Revenue (US$ Mn) & Volume Comparison, By End-Use Industry
   7.4. Revenue (US$ Mn) & Volume Comparison, By Dyeing Process
   7.5. % market share by No. of Twists, 2018

8. APEJ Polyester Filament Market Size and Forecast, 2013-2027
   8.1. Revenue (US$ Mn) & Volume Comparison, By Country
   8.2. Revenue (US$ Mn) & Volume Comparison, By Yarn type
   8.3. Revenue (US$ Mn) & Volume Comparison, By Type
   8.4. Revenue (US$ Mn) & Volume Comparison, By End-Use Industry
   8.5. Revenue (US$ Mn) & Volume Comparison, By Dyeing Process
   8.6. % market share by No. of Twists, 2018

9. MEA Polyester Filament Market Size and Forecast, 2013-2027
   9.1. Revenue (US$ Mn) & Volume Comparison, By Country
   9.2. Revenue (US$ Mn) & Volume Comparison, By Yarn type
   9.3. Revenue (US$ Mn) & Volume Comparison, By Type
   9.4. Revenue (US$ Mn) & Volume Comparison, By End-Use Industry
   9.5. Revenue (US$ Mn) & Volume Comparison, By Dyeing Process
   9.6. % market share by No. of Twists, 2018

10. Competition Landscape and Company Profiles
   10.1. Global Polyester Filament Market- a Dashboard View
   10.2. Global Polyester Filament Market Structure
   10.3. Global Polyester Filament Market- Company Share Analysis
   10.4. Company Profiles
        10.4.1. Filatex India Limited
        10.4.2. Meher International
        10.4.3. Thai Polyester Company
        10.4.4. Sivasakhi Threads
        10.4.5. Beximco Synthetics Limited
        10.4.6. Sarla Performance Fibers
        10.4.7. Tepar Textiles
        10.4.8. Indorama Ventures
        10.4.9. Reliance Industries
        10.4.10. Fujian Jinlun Fiber Shareholding Company Limited
        10.4.11. Other Key Players

11. Research Methodology

12. Disclaimer

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Polyester Filament Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027