According to the report, Rising Knitting & Weaving Activities to Make Design on Dresses and Home-Textiles is one of the primary growth factors for the market. Growth in Fishing Industry in Asia Pacific Region
is also expected to contribute significantly to the Polyester Monofilament market. Overall, Fishy/Agricultural
applications of Polyester Monofilament, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models a trend that will continue in the future.
AMAs Analyst on the Global Polyester Monofilament Market identified that the demand is rising in many different parts of the world due to "Expanding Apparel & Textile Industry in Developed and Developing Countries
". Furthermore, some recent industry insights like "In 28 April Dolphin Sutures had announced the launch of TEFLENE product line. TEFLENE is a non-absorbable, ultra-smooth monofilament suture made of a strand of polytetrafluoroethylene (PTFE), a synthetic fluoropolymer of tetrafluoroethylene that is highly strong, knots easily, and is biologically inert. The material has a low friction coefficient, which means it glides through tissue more readily than other materials, reducing the risk of tissue damage. Dense PTFE is part of the new TEFLENE product family (Polytetrafluoroethylene)." is constantly making the industry dynamic. One of the challenges that industry facing is "Availability of Substitutes in the market such as Nylon Monofilament"
The Distribution Channel, such as Online, is boosting the Polyester Monofilament market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Polyester Monofilament market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Polyester Monofilament market and other related sub-markets covered in the study.
o Key & emerging players in the Polyester Monofilament market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Polyester Monofilament market size is calculated using market estimation process, the Polyester Monofilament market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Polyester Monofilament market size has been validated using both top-down and bottom-up approaches.