The global demand for Polypropylene Yarn Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Polypropylene (PP) yarn also known as PP yarn or polyp yarn is gaining popularity in the textile industry due to unique properties. It is the lightest yarn with high tensile strength. PP yarn is water-resistant and rejects moisture, dirt, and stain. It is hygienic in structure and does not develop an allergic reaction.PP yarn is cost-effective, reusable, highly durable, and unbreakable. It comes in a variety of colors and used in making carpets, socks, and other textile products. It is the most accepted yarn in the narrow weaving sector.
In the construction sector, PP yarns are used as a reinforcing agent and in concrete mix designs. The reinforcing agents are blended with the concrete mix to prevent cracking and reduce shrinkage in the construction industry. The wide application range of PP yarn is driving the global market. The prime factors driving the market include the increased applications in textiles and the construction industry. However, due to the COVID-19 pandemic, operation in many industries including textiles and polyester is at a standstill. Further, the lockdown declared in many countries have adversely affected transportation. These factors are likely to affect the production of PP yarn, resulting in to decline in the global market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of polypropylene yarn.
The entire polypropylene yarn market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Polypropylene Multifilament Yarn
- Polypropylene Monofilament Yarn
- Home Textiles
- Industrial Textiles
This section covers regional segmentation which accentuates on current and future demand for polypropylene yarn market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Polypropylene Yarn Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the polypropylene yarn market include Barnet, Daman Polythread, Polisilk, Industrias Ponsa, Chemosvit, SWM, Bonar Yarns, Thrace Group, Lankhorst Yarns (WireCo WorldGroup), U.P. Filament, Filatex India Limited (FIL), Shin Sung Co., Ltd., Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.