What is Textile Yarn Market Scope?
A textile yarn is a continuous thread of staple or filament fibers which is arranged in a form suitable for weaving, knitting, or other form of fabric assembly. A yarn is a textile product of substantial length and relatively small cross-section consisting of fibers with twist and also filaments without twist. The yarn can be twisted with one or more yarns to make added value or aesthetics. Usually, yarns have been constructed of fibers of finite length called staple fibers. Nowadays, continuous filament yarns are also used to construct yarns. Further, yarns play an important role in the fabric manufacturing process since a majority of the textile materials are constructed with yarns.
Influencing Trend:
Changing Consumer Preference Towards Affordable and Comfortable Clothing
Market Growth Drivers:
Rapid Growth in the Urbanization and Growing Requirement of the Industries and Advances in Production Process and End Use Industries
Challenges:
Strict Government Regulation
Restraints:
Volatility in the Production of Plant and Animal Source Yarn
Opportunities:
Technological Development in Textile Yarn Industry
The Textile Yarn market study is being classified by Type (Natural [Flax, Wool, Ramie, Cotton, Hemp, Jute, and Silk] and Artificial [Viscose, Polyester, Acrylic and Nylon]), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from Indian will contribute to the maximum growth of Global Textile Yarn market throughout the predicted period.
Parkdale Mills Incorporated (United States), Hengli Group (China), Kairuide Holding Co. Ltd. (China), Vardhman Textiles Limited (India), Weiqiao Textile Company Limited (China), Canan Textile (Turkey), Low & Bonar Plc. (United Kingdom), Raymond Limited (India), Huvis Corporation (South Korea) and Grasim Industries Limited (India) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Textile Yarn market by Type, Application and Region.
On the basis of geography, the market of Textile Yarn has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In August 2022, Archroma, a renowned provider of sustainable specialty chemicals and solutions, acquired the Textile Effects business from Huntsman Corporation. This strategic move, supported by Archroma's parent company SK Capital Partners, marks an important step in expanding Archroma's offerings in the textile industry. Through this acquisition, Archroma aims to further strengthen its position and continue delivering innovative and sustainable solutions to the market.
In June 2022, Renewcell and HeiQ formed a strategic partnership to collaborate on the production and commercialization of high-tenacity filament yarns made from cellulose pulp. These innovative yarns, derived from renewable sources, aim to serve as a sustainable alternative to traditional fossil-based fibers such as nylon and polyester. The joint efforts of Renewcell and HeiQ will enable the large-scale production of 100% circular, biobased filament yarns, contributing to the advancement of eco-friendly materials in the textile industry.
The Textile Fiber Rule requires that certain textiles sold in the United States carry labels disclosing the generic names and percentages by weight of the constituent fibers in the product, the manufacturer or marketer name, and the country where the product was processed or manufactured.
Key Target Audience
Manufacturers of Textile Yarn, Suppliers of Textile Yarn Components, Wholesalers, Distributers and Retailers of Textile Yarn, Textile Industry, Governmental Bodies and Research Firms
Textile Yarn Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2022-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Textile Yarn Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Textile Yarn industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.