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.
Market Analysis and Insights: Global and United States Textile Yarn Market
This report focuses on global and United States Textile Yarn market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Textile Yarn market size is estimated to be worth US$ 10790 million in 2022 and is forecast to a readjusted size of US$ 12440 million by 2028 with a CAGR of 2.4% during the review period. Fully considering the economic change by this health crisis, by Type, Animal accounting for % of the Textile Yarn global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Apparel was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Textile Yarn Scope and Market Size
Textile Yarn market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Textile Yarn market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Textile Yarn market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Animal
Plant
Chemical
Segment by Application
Apparel
Home Textile
Industrial
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Parkdale Mills
Vardhman Textiles
Huvis
Grasim Industries
Raymond
Weiqiao Textile
Kairuide Holding
Low & Bonar
Hengli