Market Snapshot:
The polyester yarn is a fabric that requires very low maintenance as this fiber is wrinkle-resistant and is very reasonable to produce. The polyester thread is made with a plastic compound with various other recycled materials. The fabric feels stiff and is different from silk or rayon, it has many positive properties and is durable. The polyester yarns are the polymer with long-chained molecular units, it has a wide variety of applications in industries like home furnishing, textile and automotive used commonly for its durability.
Market Drivers
- Rising Demand for Polyester Fabrics in Textile Industry Because of its Durability and Wrinkle Resistance Properties
- Increasing Demand for Home Furnishings
Market Trend
- The Emerging Use of Polyester Yarns in Automotive Industry
- The Advent of Polyester Yarns in Various Colors and Patterns
Restraints
- Health-Related Risks Associated with Wearing Polyester Fabrics
- Regulatory Compliances Involved with using Polyester Yarns
The key Vendors profiled in the report are Toray Industries Inc (Japan), HYOSUNG TNC (South Korea), PHP Fibers GmbH (Germany), KOLON Industries, Inc. (South Korea), Far Eastern Group (Taiwan), Shinkong Synthetic Fibers Corp (Taiwan), Radici Partecipazioni SpA (Italy), Fiber and Yarn Products, Inc (United States), Indorama Ventures Public Company Limited (Thailand), AAJ International (India), Kayavlon Impex Pvt. Ltd. (India) and Alltex Exim (India). Additionally, other players that are part of this comprehensive study are Jiangsu Hengli Chemical Fibre Co., Ltd (China) and Zhejiang Kingsway High-Tech Fiber Co., Ltd (China).