High-strength Polyester Thread Market size is forecast to reach $347 million by 2025, after growing at a CAGR of 3.1% during 2020-2025. The growing usage of high-strength polyester thread due its properties such as resistance to sunlight, mildew, bleaching, acids, and alkalis by end use industry such as marine, outdoor upholstery, tarpaulins, pool covers, flags & banners, clothing, and leatherwork, leads to increase the demand of high-strength polyester thread market.
By Thread Type - Segment Analysis
On the basis of thread type, the market is segment into spun polyester, multifilament polyester, trilobal polyester, texturized polyester, and poly-wrapped polycore. Spun polyester thread is also known as ‘PP spun’. It is manufactured through spinning of 100% polyester fibers in yarns and later plying of these yarns in a sewing thread. These threads are generally made in two or three plies. Spun polyester is quite economical in manufacturing and in general, has a low cost. The product is highly used in garments as a result of being cost effective in nature and possessing significant performance in sewing in several environments such as in high speed as well as in critical sewing operations.
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By Applications Type - Segment Analysis
On the basis of application, the market is segmented into packaging products, clothing, leather and shoes, and others. Global market for high strength polyester is majorly driven by rising demand from leather & shoes industry. The industry accounts for around 40% of overall consumption of polyester threads globally. Also, packaging and clothing are significant product applications and hence the market growth shall be highly influenced by growth in these industries. In clothing industry, the product is used in embroidery, sewing and quilting. The retail network and supply chain for clothing industry has been spreading worldwide.
Geography - Segment Analysis
Asia pacific and North America are key growth markets attributed to substantially growing end user industries in these regions. For instance, India’s clothing market is expected to be the sixth largest market globally. Higher incomes can create a new consumer class for apparel manufacturers in the region. The clothing industry growth is driven by rising tech-savviness in consumers. On the other hand, in the U.S., the clothing sector accounts for over 6% of total imports. The increasing growth of clothing sector in these regions is uplifting market growth of high-strength polyester thread market.
Drivers – High-strength Polyester Thread Market
The rising demand of knotless packaging from textile and leather industry
The growing demand for goods from the textile and leather industries would be major factors driving demand for products worldwide. The knotless packaging and thread strength make it ideal for use in various applications in textile industry including heavy duty stitching, collar stitching and much more. The items made using such threads are available in various colors as well as packaging choices. In addition, industrial threads for shoe stitching, leather goods, belts, purses, and upholstery stitching are often used in stitching industry. The product is used to make various sport goods including bag closure & stitching.
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Challenges – High-strength Polyester Thread Market
The negative impact caused by polyester on environment
The main hindrance in the growth of the demand for high-strength polyester threads is likely to be faced by negative environmental impacts caused by polyester. The manufacture of polyester contains toxic chemicals such as carcinogens which can cause major damage to the environment when disposed of in water sources and air without any pre-treatment. This also needs nearly double the energy needed by other traditional manufacturing goods. However, one of the big issues of using this synthetic fabric is that it can be sticky and sweaty which can be uncomfortable.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the High-strength Polyester Thread market. High-strength Polyester Thread Market top 10 companies are Coats Group, American & Efird LLC, Amann & Sohne, Threads India, FUJIX, Hengxin, Shishi Flying Wheel Thread, Shuangsique, Xinglun and Saiwei, among others.
Key Takeaways
High-strength polyester threads are actively used in stitching industry for collar stitching, shoe stitching, and leather goods such as purses, bags & upholstery stitching, and sewing.
The COVID-19 outbreak has lowered the world’s economic growth. Due to lockdown, the textile and clothing industry has resulted with huge crisis, which have degraded the growth of high-strength polyester thread market.
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The latest trending report Global High-strength Polyester Thread Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The High-strength Polyester Thread market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.The global High-strength Polyester Thread market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 2.6%% in the forecast period of 2020 to 2025 and will expected to reach USD 291.3 million by 2025, from USD 263.4 million in 2019.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/28807-high-strength-polyester-thread-market-analysis-reportThe major players covered in High-strength Polyester Thread are:Coats GroupHoton GroupThreads IndiaAmerican & EfirdShishi Flying Wheel ThreadAMANNHuaxinHengxinFUJIXXinglunS.DeronsZhejiang DongyiHongRen ThreadBy Type, High-strength Polyester Thread market has been segmented intoNature ThreadDyeing ThreadBy Application, High-strength Polyester Thread has been segmented into:Packaging ProductsClothingLeather and ShoesOtherThe report offers in-depth assessment of the growth and other aspects of the High-strength Polyester Thread market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global High-strength Polyester Thread Market @ https://www.decisiondatabases.com/contact/download-sample-28807The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe High-strength Polyester Thread product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of High-strength Polyester Thread, with price, sales, revenue and global market share of High-strength Polyester Thread in 2018 and 2019.Chapter 3, the High-strength Polyester Thread competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the High-strength Polyester Thread breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, High-strength Polyester Thread market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe High-strength Polyester Thread sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global High-strength Polyester Thread Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-28807Other Reports by DecisionDatabases.com:Global Rubber Latex Thread Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Sewing Threads Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Synthetic Sewing Thread Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/News Source - https://www.industrynewsengine.com/2020/10/19/high-strength-polyester-thread-market-report-till-2025-global-manufacturers-analysis/
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