Polyester Filament Market Opportunities, Challenges, Strategies & Forecasts Repo

Posted by Arslan on August 20th, 2019

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.

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 is likely to witness a revenue generation surpassing US$ 87,000 million by 2018 end. A significant growth in the use of polyester in textile industry including apparel and home furnishing and growing demand for polyester filament in manufacturing of automotive textile are some of the prominent factors driving the polyester filament market revenues.

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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 polyestr 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.

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.

APEJ to Remain at the Pole Position in Polyester Filament Market

According to the Fact.MR study, APEJ will be the most lucrative market for polyester filaments. The demand is expected to surpass US$ 14,000,000 tons by 2018-end. China, India, Indonesia, and Thailand are the major countries in APEJ dealing in polyester filament market. Polyester and nylon fiber manufacturers in Asia Pacific have also increased the prices with the rise in crude oil prices and growing demand for synthetic fibers.

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?