Market Overview:
The global fully oriented yarn (FOY) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for FOY from various applications, such as apparel, industrial and consumer textiles, household and institutional textiles, interior textiles, carpets and rugs. In terms of type, the polyester FOY segment is expected to dominate the global market during the forecast period. However, nylon FOY is projected to grow at a higher CAGR than other types of FOY segments during the forecast period.
Product Definition:
A yarn which has been processed so that the fibers are all running in the same direction is called a fully oriented yarn (FOY). This type of yarn is stronger and less likely to stretch than a non-oriented yarn. It is usually used in applications where high strength and durability are important, such as tire cords, ropes, and cables.
Polyester Fully Oriented Yarn (FOY):
Polyester fully oriented yarn (FOY) is a type of synthetic fiber which is manufactured by spinningbonded polyester filaments together. It has high strength and elasticity, due to which itis widely used in the production of clothing textiles, sportswear apparels and other industrial applications. Polyester fibers are also used for producing carpets & rugs, home furnishing fabrics such as upholstery and bedding products.
Nylon Fully Oriented Yarn (FOY):
Nylon fully oriented yarn (FOY) is a type of synthetic fiber that is manufactured by spinningbonded Nylon 6 into usable form. It has excellent strength, durability, and abrasion resistance properties which make it ideal for industrial applications such as apparel & apparels; automotive components; home furnishing & construction; electrical appliances and others.
Application Insights:
Apparel was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Apparel industry is growing at a significant pace owing to changing consumer trends, increasing disposable income, and rapid urbanization. This growth has resulted in increased requirement of apparel which has further propelled market demand globally.
The interior textiles segment is also anticipated to witness considerable growth during the forecast period on account of rising product demand for home furnishing fabrics including carpets and rugs. The products are used for manufacturing various types of textiles such as curtains, cushioning materials (including seat cushions), bedding sets (comforters & pillowcases), coverlets/louvers/quilts), along with industrial applications such as carpet backing and padding fabric among others.
Regional Analysis:
Asia Pacific dominated the global fully oriented yarn market in 2016 and is expected to continue its dominance over the forecast period. The presence of a large population with rising disposable income coupled with rapid industrialization and urbanization has resulted in an increased demand for consumer textiles, carpets, apparel, and other products from this region.
The growth of key application industries such as automotive & transportation, construction & housing are anticipated to drive product demand over the forecast period. Rapidly expanding textile industry due to low labor cost along with easy availability of raw materials is also expected to have a positive impact on FOY market growth over the next eight years.
North America emerged as one of the largest consumers for fully oriented yarns owing to high production volume generated by various end-use industries such as automotive & transportation, household textiles etc., which utilize these products extensively for manufacturing vehicles interior fabrics seat covers among others).
Growth Factors:
- Increasing demand from the apparel industry: The global apparel market is expected to grow at a CAGR of 3.8% from 2016 to 2021. This will create increased demand for FOY, as it is used in the production of apparels.
- Rising disposable income in developing countries: A large population in developing countries is moving up the income ladder, which is resulting in an increase in their purchasing power. This will lead to an increase in demand for FOY products from these regions.
- Growing popularity of athleisure wear: The popularity of athleisure wear – clothing that can be worn both for athletic activities and regular day-to-day activities – is growing rapidly across the world. This will result in increased demand for FOY products, as they are extensively used to produce sportswear and activewear garments..
Scope Of The Report
Report Attributes
Report Details
Report Title
Fully Oriented Yarn (FOY) Market Research Report
By Type
Polyester Fully Oriented Yarn (FOY), Nylon Fully Oriented Yarn (FOY), Other
By Application
Apparel, Industrial and Consumer Texties, Household and Institutional Texties, Interior Texties, Carpets and Rugs
By Companies
Tongkun Group, Reliance, Zhejiang Hengyi Group, Shenghong, Xin Feng Ming Group, Hengli Group, Billion Industrial, Jiangsu Sanfangxiang Group, Nanya, Rongsheng PetroChemical, Sinopec Yizheng Chemical Fibre, Zhejiang GuXianDao Industrial Fiber, Far Eastern New Century, DAK Americas, Advansa, Lealea Group, Petrovietnam Petrochemical and Textile Fiber Joint Stock Company, Wellman
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Fully Oriented Yarn (FOY) Market Report Segments:
The global Fully Oriented Yarn (FOY) market is segmented on the basis of:
Types
Polyester Fully Oriented Yarn (FOY), Nylon Fully Oriented Yarn (FOY), Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Apparel, Industrial and Consumer Texties, Household and Institutional Texties, Interior Texties, Carpets and Rugs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tongkun Group
- Reliance
- Zhejiang Hengyi Group
- Shenghong
- Xin Feng Ming Group
- Hengli Group
- Billion Industrial
- Jiangsu Sanfangxiang Group
- Nanya
- Rongsheng PetroChemical
- Sinopec Yizheng Chemical Fibre
- Zhejiang GuXianDao Industrial Fiber
- Far Eastern New Century
- DAK Americas
- Advansa
- Lealea Group
- Petrovietnam Petrochemical and Textile Fiber Joint Stock Company
- Wellman
Highlights of The Fully Oriented Yarn (FOY) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyester Fully Oriented Yarn (FOY)
- Nylon Fully Oriented Yarn (FOY)
- Other
- By Application:
- Apparel
- Industrial and Consumer Texties
- Household and Institutional Texties, Interior Texties
- Carpets and Rugs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fully Oriented Yarn (FOY) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
FOY is a type of yarn that has been specifically designed to resist pilling and snagging. It is made from 100% wool, which makes it strong and durable. FOY yarn also has a smooth surface, which helps reduce friction when knitting or crocheting.
Some of the major players in the fully oriented yarn (foy) market are Tongkun Group, Reliance, Zhejiang Hengyi Group, Shenghong, Xin Feng Ming Group, Hengli Group, Billion Industrial, Jiangsu Sanfangxiang Group, Nanya, Rongsheng PetroChemical, Sinopec Yizheng Chemical Fibre, Zhejiang GuXianDao Industrial Fiber, Far Eastern New Century, DAK Americas, Advansa, Lealea Group, Petrovietnam Petrochemical and Textile Fiber Joint Stock Company, Wellman.
The fully oriented yarn (foy) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fully Oriented Yarn (FOY) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fully Oriented Yarn (FOY) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fully Oriented Yarn (FOY) Market - Supply Chain
4.5. Global Fully Oriented Yarn (FOY) Market Forecast
4.5.1. Fully Oriented Yarn (FOY) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fully Oriented Yarn (FOY) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fully Oriented Yarn (FOY) Market Absolute $ Opportunity
5. Global Fully Oriented Yarn (FOY) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Type
5.3.1. Polyester Fully Oriented Yarn (FOY)
5.3.2. Nylon Fully Oriented Yarn (FOY)
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fully Oriented Yarn (FOY) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Application
6.3.1. Apparel
6.3.2. Industrial and Consumer Texties
6.3.3. Household and Institutional Texties, Interior Texties
6.3.4. Carpets and Rugs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fully Oriented Yarn (FOY) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fully Oriented Yarn (FOY) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fully Oriented Yarn (FOY) Demand Share Forecast, 2019-2026
9. North America Fully Oriented Yarn (FOY) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Application
9.4.1. Apparel
9.4.2. Industrial and Consumer Texties
9.4.3. Household and Institutional Texties, Interior Texties
9.4.4. Carpets and Rugs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Type
9.7.1. Polyester Fully Oriented Yarn (FOY)
9.7.2. Nylon Fully Oriented Yarn (FOY)
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fully Oriented Yarn (FOY) Demand Share Forecast, 2019-2026
10. Latin America Fully Oriented Yarn (FOY) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Application
10.4.1. Apparel
10.4.2. Industrial and Consumer Texties
10.4.3. Household and Institutional Texties, Interior Texties
10.4.4. Carpets and Rugs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Type
10.7.1. Polyester Fully Oriented Yarn (FOY)
10.7.2. Nylon Fully Oriented Yarn (FOY)
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fully Oriented Yarn (FOY) Demand Share Forecast, 2019-2026
11. Europe Fully Oriented Yarn (FOY) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Application
11.4.1. Apparel
11.4.2. Industrial and Consumer Texties
11.4.3. Household and Institutional Texties, Interior Texties
11.4.4. Carpets and Rugs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Type
11.7.1. Polyester Fully Oriented Yarn (FOY)
11.7.2. Nylon Fully Oriented Yarn (FOY)
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fully Oriented Yarn (FOY) Demand Share, 2019-2026
12. Asia Pacific Fully Oriented Yarn (FOY) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Application
12.4.1. Apparel
12.4.2. Industrial and Consumer Texties
12.4.3. Household and Institutional Texties, Interior Texties
12.4.4. Carpets and Rugs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Type
12.7.1. Polyester Fully Oriented Yarn (FOY)
12.7.2. Nylon Fully Oriented Yarn (FOY)
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fully Oriented Yarn (FOY) Demand Share, 2019-2026
13. Middle East & Africa Fully Oriented Yarn (FOY) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Application
13.4.1. Apparel
13.4.2. Industrial and Consumer Texties
13.4.3. Household and Institutional Texties, Interior Texties
13.4.4. Carpets and Rugs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fully Oriented Yarn (FOY) Market Size and Volume Forecast by Type
13.7.1. Polyester Fully Oriented Yarn (FOY)
13.7.2. Nylon Fully Oriented Yarn (FOY)
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fully Oriented Yarn (FOY) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fully Oriented Yarn (FOY) Market: Market Share Analysis
14.2. Fully Oriented Yarn (FOY) Distributors and Customers
14.3. Fully Oriented Yarn (FOY) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tongkun Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Reliance
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zhejiang Hengyi Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shenghong
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xin Feng Ming Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hengli Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Billion Industrial
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangsu Sanfangxiang Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nanya
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Rongsheng PetroChemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sinopec Yizheng Chemical Fibre
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhejiang GuXianDao Industrial Fiber
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Far Eastern New Century
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. DAK Americas
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Advansa
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Lealea Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Petrovietnam Petrochemical and Textile Fiber Joint Stock Company
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Wellman
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook