Lucintel Forecasts The Global Bulk Continuous Filament Yarn Market To Reach $21 Billion By 2030

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According to a market report by Lucintel, the future of the global bulk continuous filament yarn market looks promising with opportunities in the carpet, rugs, mats. The global bulk continuous filament yarn market is expected to reach an estimated $21 billion by 2030 from $14 billion in 2023 at a CAGR of 6% from 2023 to 2030. The major drivers for this market are increasing demand in textile, quality and comfort, durability and maintenance benefits, and growing applications in sports sectors. Bulk continuous filament yarn is widely used in industries such as textiles and apparel, floor coverings and carpets, automotive, sports gears. The major drivers for this market are growth in residential sector and increasing consumer interest towards home decoration.
Browse 115 figures/charts and 112 tables in this 230-page report to understand trends, opportunity and forecast in bulk continuous filament yarn market to 2030 by application (carpet & rugs, mats, and others), polymer type (Nylon, Polyester, Polypropylene, and others), denier type (600-1200, 1200-1800, 1800-2400, and 2400-3000), and region (North America, Europe, ...
... Asia Pacific, and the Rest of the World)
Lucintel forecasts that Nylon will remain the largest polymer and Polyester expected to witness the highest growth over the forecast period due to its low price, durability, and stain resistance properties.
Carpet & rugs will remain the largest application and it is also expected to witness the highest growth over the forecast period due to increase in household and commercial spending.
Download sample by clicking on bulk continuous filament yarn market
North America will remain the largest region over the forecast period due to growth in residential construction. Asia Pacific is expected to witness the highest growth over the forecast period supported by ongoing urbanization in China, India and other Asian countries.
Mohawk Industries, Aquafil, Shaw Industries, Beaulieu International Group, Al Abdullatif Industrial Investment Company (AIIC), Ascend Performance Materials, Universal Fibers, Hyosung Advanced Materials, and Pharrare are the major suppliers in the bulk continuous filament yarn market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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