Polypropylene yarn is a type of yarn that is used extensively in the textile industry. It is an important raw material used for weaving a wide range of fabrics owing to its high tensile strength and low weight. This yarn acts as a flame retardant and is engineered to portray numerous properties which facilitates its usage in the various applications like apparel, textiles and carpets. The polypropylene yarn is also used in the construction industry and automate applications. It has a hygienic structure that do not result in any allergic reaction.
MARKET DYNAMICS
The high tenacity, simple production process and excellent electrical insulation offered by polypropylene yarn drives the growth of the market. Besides this, the application of polypropylene yarn in concrete mixed designs for rigid pavement and self-compacting concretes drives the market growth. However, lower creep resistance and higher elongation associated with polypropylene yarn restrict the fruitful development of the polypropylene yarn market. The growing demand from the developed and developing regions of East Asia and Europe is expected to bolster well the demand for polypropylene yarn in the near future.
MARKET SCOPE
The "Global Polypropylene Yarn Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polypropylene yarn market with detailed market segmentation by type, application and geography. The global polypropylene yarn market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polypropylene yarn market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polypropylene yarn market is segmented on the basis of type and application. On the basis of type, the polypropylene yarn market is segmented into polypropylene multifilament yarn and polypropylene monofilament yarn. As per application the market is bifurcated into home textiles, industrial textiles, apparel, carpet and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polypropylene yarn market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polypropylene yarn market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polypropylene yarn market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polypropylene yarn market in these regions.
MARKET PLAYERS
The reports cover key developments in the polypropylene yarn market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polypropylene yarn market are anticipated to lucrative growth opportunities in the future with the rising demand for polypropylene yarn market in the global market. Below mentioned is the list of few companies engaged in the polypropylene yarn market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polypropylene yarn market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Barnet
- Bonar Yarns & Fabrics Ltd.
- Chemosvit A.S.
- Dongguan New Poly Fibre Products Co. Ltd.
- Industrias Ponsa
- Jiangsu Sisiyuan Fiber Co. Ltd.
- Lankhorst Yarns
- Shanghai Yishi Industrial Co., Ltd.
- Shin Sung Co. Ltd.
- Thrace Group
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