The global Textile Yarn market was valued at 1077.93 Million USD in 2021 and will grow with a CAGR of 2.51% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

On the basis of type, the textile yarn market is led by the polyester segment, followed by cotton. Viscose is the fastest growing yarn across the globe and has found its application in apparel industry in several places as a substitute for polyester. Silk is the fastest-growing natural yarn segment of textile yarn market, particularly in developing Asian economies due to the extensive fabric production in these countries.The market is driven by factors such as demand for high value fabrics, consumer consciousness, and innovations leading to novel varieties. The high growth potential in emerging markets and untapped regions provide new growth opportunities for market players.

By Market Verdors:

Parkdale Mills

Vardhman Textiles

Huvis

Grasim Industries

Raymond

Weiqiao Textile

Kairuide Holding

Low & Bonar

Hengli

By Types:

Animal

Plant

Chemical

By Applications:

Apparel

Home Textile

Industrial

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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