Yarn, Fiber And Thread Manufacturing Market Characteristics
The yarn, fiber and thread manufacturing market consists of sales of yarn, fiber and thread by entities (organizations, sole traders and partnerships) that manufacture spinning yarn from fibers, threads for sewing, crocheting, embroidery, and other applications. Key products include animal fiber yarn, spooling, twisting and winding purchased yarn, beaming yarn carpet and rug yarn, spinning cotton spun yarn, crochet spun yarns, purchased fiber embroidery spun yarns, purchased fibers hemp bags and ropes, knitting yarn, paper yarn, spooling yarn, and purchased yarn wool yarn.
Competitive Landscape of the Yarn, Fiber And Thread Manufacturing Market
Major players in the global yarn, fiber and thread manufacturing market include Toray Industries Inc, Indorama Corporation Pte Ltd, Weiqiao Textile Company Limited, Far Eastern New Century and Unifi Inc.
Yarn, Fiber And Thread Manufacturing Market Size
The yarn, fiber and thread manufacturing market size is expected to reach above $465 billion by 2022, significantly growing at a steady CAGR during the forecast period. The growth in the yarn, fiber and thread manufacturing market is due to emerging markets growth, rise in disposable income, technology development.
However, the market for yarn, fiber and thread manufacturing is expected to face certain restraints from several factors such as lack of available resources, workforce issues and increasing inventory levels.
Yarn, Fiber And Thread Manufacturing Market Segmentation
The global yarn, fiber and thread manufacturing market is further segmented based on type and geography.
By Type - The yarn, fiber and thread manufacturing market is segmented into regular yarn, fiber and thread, special yarn, fiber and thread.
By Geography - The global yarn, fiber and thread manufacturing is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia-Pacific yarn, fiber and thread manufacturing market accounts the largest share in the global yarn, fiber and thread manufacturing market.
Trends in the Yarn, Fiber And Thread Manufacturing Market
The demand for synthetic fibers is mainly driven by increasing applications of synthetic fibers in the apparel and the construction industry. Synthetic fibers give specific characteristics such as thermal insulation, low soiling characteristics, which can be modified for a wide range of products such as table cloths, napkins, curtains and carpets. They are also being used in new areas of application such as roof insulation, geotextiles for stability of roads, walls and dams. Examples of synthetic fibers include nylon, rayon, polyester, polyethylene, polypropylene and acetate.
Potential Opportunities in the Yarn, Fiber And Thread Manufacturing Market
Growing consumer awareness of sustainable and ecofriendly products is driving the demand for recycled fibers for the global yarn, fiber and thread manufacturing market.
