Lucintel’s latest market report analyzed that polyester filament yarn provides attractive opportunities in the tire cord, mechanical rubber good, non-woven fabric, apparel, industrial, and household textile applications. The polyester filament yarn market is expected to reach $81.4 billion by 2028 with a CAGR of 6.7%. In this market, FDY is the largest segment by product type, whereas mechanical rubber goods is largest by application.
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Based on product type, the polyester filament yarn market is segmented into partially oriented yarn, fully drawn yarn, drawn textured yarn, and others. The FDY segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its expanding use in the manufacturing of high-strength textiles made with enhanced quality fabric.
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The Polyester Filament Yarn Market is marked by the presence of several big and small players. Some of the prominent players offering polyester filament yarn include Billion Industrial, Tongkun, Zhejiang Hengyi, Zhejiang GuXianDao Industrial Fiber, and Jiangsu Sanfangxiang.
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