Increasing demand in Textile industry is driving the Polyester Yarn market growth: Cognitive Market Research

Polyester Yarn Market Overview 

Product Overview and Scope of Polyester Yarn 

Polyester yarn is a type of synthetic yarn made from polyester fibers, which are derived from petrochemicals. The fibers are formed by melting and extruding a polyester polymer through spinnerets to produce long, continuous filaments. These filaments are then twisted and spun together to create polyester yarn. Polyester yarn is known for its strength, durability, and resistance to wrinkles, shrinking, and mildew. It is highly resistant to abrasion and chemicals, making it a popular choice for a wide range of textile applications, including clothing, home furnishings, industrial fabrics, and more. Additionally, polyester yarn is available in a variety of forms, including filament yarn, which is made up of long, continuous fibers, and staple yarn, which is made up of shorter lengths of fiber that are spun together. It can be produced in different textures and finishes, such as smooth or textured, matte or shiny, and others.
Several types of polyester yarn including Polyester filament yarns, Spun yarns, and Textured yarns. Polyester is used to manufacture Polyester Filament Yarns. It is globally used in the modern fiber manufacturing industries. These are strong fibers used in the multifilament and monofilament forms. It has High tenacity. Polyester filament yarns are used for making lightweight fabrics such as organdie and voile while regular tenacity polyester filament yarns are used to make undergarments while the low tenacity or lower version of polyester filament yarns are used to make tunics and shirts.

Polyester Yarn Market – Global Industry Analysis

Market Drivers

• Increasing demand for polyester yarn in the textile industry is significantly driving the growth of the global market

Increasing demand for polyester yarn in the textile industry is the major factor expected to drive the growth of the global polyester yarn market. increasing population and improving living standards therefore increasing demand for textiles including clothing, home furnishings, and industrial fabrics. Polyester yarns offer advantages such as durability, affordability, and versatility, making them a preferred choice for textile manufacturers. 
Increasing demand for technical textiles which find applications in various industries such as automotive, construction, healthcare, and sports, are witnessing rising demand for the polyester yarn. Polyester yarns are widely used in technical textiles due to their excellent strength, abrasion resistance, and chemical stability. As industries increasingly adopt technical textiles for specialized applications.

• Rising urbanization and growing industrial demand significantly boost the growth of the global polyester yarn market.

Global Polyester Yarn Revenue by Regions (2018-2023)

Global Polyester Yarn Revenue and Market Share (%) by regions (2018-2023)

Global Polyester Yarn Revenue (USD Billion) by regions (2018-2023)

Global Polyester Yarn market is expected to grow at a CAGR of 7.2% over the forecast period from 2023 to 2030.

Global Polyester Yarn Revenue Market Share (%) by regions in 2022

Global Polyester Yarn Revenue Market Share (%) by regions in 2022

Source: Cognitive Market Research

The Asia-Pacific region dominates the global polyester yarn market in terms of both production and consumption.  Countries such as China, India, and Bangladesh are key players in this region. China, in particular, is the largest producer and exporter of polyester yarn globally. China has a well-established supply chain, from raw material sourcing to yarn production, and offers cost-effective manufacturing capabilities. The country's large population, rising disposable income, and growing urbanization contribute to the increased demand for textiles and polyester yarn. 

Global Polyester Yarn Market Segmentation Analysis

Global Polyester Yarn Market by Product Type

• Combed Cotton Yarn
• Combed Yarn
• Peach Wool Yarns

Global Polyester Yarn Revenue Market Share (%) by Product Type segment in 2022

Source: Cognitive Market Research

Combed cotton yarn is a type of yarn made from cotton fibers that have undergone a combing process. This process involves passing the cotton fibers through fine-toothed combs, which remove impurities, short fibers, and uneven strands. The resulting yarn is smoother, finer, and more uniform compared to carded cotton yarn. Combed cotton yarn is a widely used product in the textile industry, especially in the production of high-quality textiles.

Global Polyester Yarn Market by Distribution Channels

• Direct Sales
• Distributors and Wholesalers
• Online Retail
• Retail Stores

Global Polyester Yarn Market by End-use Industries

• Textiles and Apparel
• Home Furnishings
• Automotive
• Industrial

Global Polyester Yarn Manufacturers Profiles/Analysis

Runteks Industrial Group Co.Ltd

Runteks Industrial Group Co.Ltd Company Basic Information and Sales Area

Business Segment/ Overview:

Runteks Industrial Group Co.Ltd. is one of the leading yarn manufacturers and suppliers in the textile industry. The company provides a variety of products including polyester yarn, nylon 6 & nylon 66, spun yarn, staple fiber, wool yarn, raccoon yarn, glitter yarn, composite yarn, cotton, sea island yarn, angora yarn, lyocell, modal, gracell, ocean recycle yarn, hot melt yarn, luminous yarn, thermochromic yarn, covered yarn, waterproof yarn, bio yarn, chips, knitting. 

Business Strategy

Runteks Industrial Group Co., Ltd places a strong emphasis on understanding their customer’s needs and providing solutions that meet or exceed their expectations. They offer a wide range of products designed to meet industry standards and certifications, ensuring that their products are suitable for various applications and markets.