Key Insights- Polyester Filament Market
Market Shares Consolidated Among Tier 3 Players
Tier 3 players in the polyester filament market hold more than 40% of share. The majority of the share in the market is concentrated among tier 3 players. Most of the tier 3 companies are based in Asia Pacific region, including Thailand, China, Japan, and India.
Increasing number of companies in Asia Pacific are exporting polyester filament to Europe, where most of the synthetic fiber is used in apparel. The companies focusing on designing new products for clothing and home textile in Asia Pacific with new features. Meanwhile, tier 1 and tier 2 players are entering into strategic partnerships and mergers & acquisitions to consolidate their position globally.
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The report on the polyester filament market offers key insights and detailed profiles of all the major players operating in polyester filament market. The report also includes key developments, business strategies and new product launches by the leading players in the polyester filament market. The report also provides growth strategies adopted by major layers along with the mergers and acquisitions, and strategic partnerships in the polyester filament market.
Indorama Ventures, a Thai petrochemical company has acquired 74% stake in Egypt-based Medco Plast for Packing and Packaging Systems. The acquisition will help Indorama Ventures to expand in East African PET packaging market. This is a second deal of Indorama Ventures in Egypt as the company also entered into a joint venture with Dhunseri Petrochem Limited to acquire PET facility in Egypt.
About the Report
The report on the polyester filament market focuses on the all the factors influencing the polyester filament market growth. The study also provides actionable and valuable insights on the market. Historical data and forecast on the polyester filament market is also included in the report. The report provides details on the market dynamics including key trends, growth opportunities, market driving factors, and restraints in the polyester filament market.
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The polyester filament market report also provides an overview of the market including important information on the current scenario in the polyester filament market, along with the segment-wise and region-wise analysis. The report also elaborate market demand, company competition and factors influencing price and sales of polyester filament globally.
The polyester filament market is segmented on the basis of yarn type, type, end-use industry, and dyeing process. The key segments in the polyester filament market are further segmented into sub-segments to offer better understanding of the polyester filament market.
On the basis yarn type, the polyester filament market is segmented into single yarn, ply yarn, and cord yarn. Based on the type, the market segment includes Drawn Texture Yarn (DTY), Fully Drawn Yarn (FDY), and Partially Oriented Yarn (POY). By end-use industry, the polyester filament market is segmented into textile industry, automotive industry, healthcare, and other end-use industry. Based on the dyeing process, the polyester filament market is segmented into dyed and non-dyed.
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Additional Questions Answered
The report on the polyester filament market answers some vital questions the polyester filament market scenario. Some of the additional questions answered include-
- Which industry is expected to be the largest user of polyester filament in the coming years?
- What are the factors hampering the growth of polyester filament market?
- Which region will account for the largest revenue share in the polyester filament market?
- Which yarn type will have the highest value in the polyester filament market by 2018 end?
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A constructive research methodology is used to offer key insights and data on the polyester filament market. The forecast and market dynamics included in the report are derived from primary and secondary research. The insights on the market were obtained by conducting interviews with the industry experts. The information on the polyester filament market through secondary research were cross-checked with valid data sources and confirmed by the polyester filament market experts. The data collected in research phase have been closely analyzed to inform players about the opportunities in the polyester filament market.
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Mr. Shambhu Nath Jha is a seasoned consultant and researcher. His research papers have been published in reputed websites and trade journals. His interests include philosophy and history.