Plant-Based Textile Yarn Size, Share, Growth, Demand, Emerging Trends and Forecast by 2028
In the forecast period from 2021 to 2028, the plant-based
textile yarn market is projected to expand at a rate of 4.40%. The rising
demand for textile yarn for home textiles, apparel and other industrial
purposes, which in the forecast period of 2021-2028 will act as a driver for
the plant-based textile yarn market.
A textile yarn is a strand of fibres or filaments that are
natural or synthetic. In the textile industry, textile yarns are primarily used
for the manufacture of clothing, home textiles, medical, and sports goods.
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The major players covered in the plant-based textile yarn
report are Parkdale Mills, Inc.; VARDHMAN GROUP; Huvis; Grasim Industries
Limited.; Raymond Limited; Weiqiao Textile Company Limited.; TORAY INDUSTRIES,
INC.; Bonar Yarns & Fabrics Ltd; Thai Rayon Public Company Limited; Aksa;
Asahi Kasei Corporation.; Barnhardt Natural Fibers.; Celanese Corporation; Far
Eastern New Century Corporation; FORMOSA TAFFETA CO., LTD.; Indorama Ventures
Public Company Limited.; FiberVisions, L.P.; KURARAY CO., LTD.; PT Polychem
Indonesia Tbk; Reliance Industries Limited.; among other domestic and global
players. Market share data is available for Global, North America, Europe,
Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
DBMR analysts understand competitive strengths and provide competitive analysis
for each competitor separately.
Global Plant-Based Textile Yarn Market Scope and Market
Size:
Plant-based textile yarn market is segmented on the basis of
type, and application. The growth among segments helps you analyse niche
pockets of growth and strategies to approach the market and determine your core
application areas and the difference in your target markets.
·
On the basis of type, the plant-based textile
yarn market is segmented into natural yarn, artificial yarn, and others.
Natural yarn has been further segmented as plant yarn, and animal yarn. Animal
yarn has been further sub segmented into silk yarn, and wool yarn. Plant yarn
has been further sub segmented into cotton yarn, flax yarn, hemp yarn, jute
yarn, and ramie yarn. Artificial yarn has been further segmented into
polyester, nylon, acrylic, and viscose. Artificial yarn products will account
for the largest share in the market due to the rising usages of the products in
blended varieties.
·
Based on application, the plant-based textile
yarn market is segmented into apparel, home textile, industrial, and other
applications. Other applications have been further segmented into medical and
sports applications.
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Plant-Based Textile Yarn
Market Country Level Analysis:
Plant-based textile yarn market
is analysed and market size, volume information is provided by country, type
and application as referenced above.
The countries covered in the
plant-based textile yarn market report are U.S., Canada, Mexico in North
America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland,
Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China,
India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia,
Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific
(APAC), Brazil, Argentina, Chile, Rest of South America as a part of South
America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East
and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the
plant-based textile yarn market due to the increasing number of population,
rapidly changing consumer consumption pattern, growing levels of disposable
income of the people along with increasing demand for clothing and home furnishing
products in the region, while the U.S., and Canada will expect to grow in the
North America plant-based textile yarn market during the forecast period of
2021-2028 due to the surging levels of investment by the multinational
manufacturers for the growth of the yarn market in the region.
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