High-tenacity Filament Polyester Yarn Market

High-tenacity filament polyester yarn market: discover the most recent statistics empowered by an Ai-driven BI tool. Info cover market size, market prices, imports, consumption, production, exports, trade, and companies. There is a split by region, including EU, Russia, the U.K., China, the U.S., Latin America, the Middle East, and Africa. Market dynamics and outlook to 2030 are also featured in the reports.

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High-tenacity Filament Polyester Yarn - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

In China, the high-tenacity filament polyester yarn market increased at an average annual rate of +2.8% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the United States (-25.4% per year) and India (-1.8% per year).

High-Tenacity Filament Polyester Yarn Prices

High-Tenacity Filament Polyester Yarn - Top Importers

In value terms, the United States ($185M) constitutes the largest market for imported high-tenacity filament yarn of polyesters worldwide, comprising 14% of global imports. The second position in the ranking was occupied by Germany ($87M), with a 6.8% share of global imports. It was followed by China, with a 4.7% share.

In the United States, high-tenacity filament polyester yarn imports decreased by an average annual rate of -30.9% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Germany (-15.2% per year) and China (+3.5% per year).

High-Tenacity Filament Polyester Yarn - Top Exporters

In value terms, China ($554M) remains the largest high-tenacity filament polyester yarn supplier worldwide, comprising 44% of global exports. The second position in the ranking was occupied by South Korea ($108M), with a 8.6% share of global exports. It was followed by Germany, with a 8.1% share.

From 2018 to 2020, the average annual growth rate of value in China totaled -22.0%. In the other countries, the average annual rates were as follows: South Korea (-25.6% per year) and Germany (-8.6% per year).

High-Tenacity Filament Polyester Yarn - Market Forecast

Driven by rising demand for high-tenacity filament polyester yarn worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

High-tenacity Filament Polyester Yarn - Product Coverage

• HS 540220 - Yarn; (not sewing thread), high tenacity yarn of polyesters (including synthetic monofilament of less than 67 decitex), not put up for retail sale

Source: IndexBox Market Intelligence Platform