Tier 3 Players in the Polyester Filament Market Hold More than 40% of Share - Fact.MR Study

The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.

The report offers actionable and valuable market insights of Polyester Filament. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Polyester Filament Market across various industries and regions.

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The polyester filament market is likely to witness a revenue generation surpassing US$ 87,000 million by 2018 end. A significant growth in the use of polyester in textile industry including apparel and home furnishing and growing demand for polyester filament in manufacturing of automotive textile are some of the prominent factors driving the polyester filament market revenues.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Polyester Filament market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Polyester Filament

The polyester filament market is likely to witness a revenue generation surpassing US$ 87,000 million by 2018 end. A significant growth in the use of polyester in textile industry including apparel and home furnishing and growing demand for polyester filament in manufacturing of automotive textile are some of the prominent factors driving the polyester filament market revenues.

This newly published and insightful report sheds light on Market Insights of Polyester Filament, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Polyester Filament Market.

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Market Segmentation
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.

Fact.MR study opines that the fully drawn polyester filament sales are likely to outsell other types of polyester filaments. Continued preference for fully drawn yarn used in production of textiles and fabrics for high-end sportswear, undergarments, and home textiles are driving the significant growth of fully drawn yarn in polyester filament market.

The demand for both drawn texture yarn and fully drawn yarn is growing in the textile industry. However, with the development of post-treatment technology and lower cost of fully drawn yarn, it is likely to outsell drawn texture yarn over the next few years.

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Competitive Landscape
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.

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More Valuable Insights on Polyester Filament Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Polyester Filament, Sales and Demand of Polyester Filament, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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