Market Overview:
The global carpet yarn market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for carpets from commercial and automotive applications, and the growing awareness about hygiene and healthy living among consumers. Carpet yarn is made up of multiple fibers that are twisted together to form a single strand. It is used in the manufacture of carpets, rugs, mats, and other floor coverings. Based on type, nylon carpet fibers are expected to lead the global carpet yarn market with a share of more than 30%. This can be attributed to their properties such as durability, stain resistance, and colorfastness. Polyester (PET) carpet fibers are also anticipated to witness high demand due their properties such as softness, strength retention under stress & compression loads & abrasion resistance; making them suitable for use in high-traffic areas.
Product Definition:
A type of yarn used in the manufacture of carpets, typically made from wool or a synthetic fiber. Carpet yarn is important because it is what makes the carpet durable and able to withstand heavy traffic.
Nylon Carpet Fibers:
Nylon carpet fibers are man-made polymers with high melting point. They have several properties such as high tensile strength, abrasion resistance, and elasticity which make them suitable for use in the manufacturing of carpets and other textile products. Nylon is a very strong fiber for its weight; it has excellent dimensional stability and can be heated to its melting point without decomposing.
Polyester (PET) Carpet Fibers:
Polyester (PET) carpet fibers are made from the polymerization of ethylene and oxygen. Polyester is a synthetic, non-toxic, crystalline material that belongs to the class of plastics called polymers. It can be characterized as a type of synthetic fiber or resin owing to its unique physical properties such as high strength, softness & luster, heat resistance & dimensional stability and chemical inertness.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. Increasing demand for carpets in passenger cars and commercial vehicles is expected to drive the market growth over the forecast period. The product is used as a flooring material in automobiles owing to its aesthetic appeal, soft texture, and low cost. Moreover, it has high resistance towards oil, gasoline & other stains which makes it ideal for use as a car carpet throughout the world.
The product finds applications in several industries including hospitality rooms & restaurants (for instance hotels), educational institutes/schools/universities (Sciences Labels R&D Fibers Pvt Ltd.), healthcare institutions, office spaces/offices of MNCs and government offices among others.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from countries such as China, India, Japan, South Korea, and Australia. These countries are adopting a carpet industry-friendly approach by offering various financial incentives on domestic production levels achieved through innovation & technology transfer programs between universities & research centers and industry participants.
China accounted for approximately 40% of the total regional revenue in 2017 owing to increased product demand from residential applications such as flooring tiles and rugs along with commercial use including restaurants & hotels along with industrial applications due to growing foreign investments coupled with infrastructure development activities across key cities including Shanghai, Beijing (Peking), Guangzhou (Canton), Shenzhen (Shenzhen) Xiamen Wuhan among others have contributed significantly towards overall growth since 2010s which is anticipated to continue over next eight years impacting positively overall market growth.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Rising disposable income of consumers in developing countries
- Technological advancements in carpet yarn manufacturing processes
- Growing popularity of carpets as flooring solutions
- Stringent environmental regulations governing the production of synthetic fibers
Scope Of The Report
Report Attributes
Report Details
Report Title
Carpet Yarn Market Research Report
By Type
Nylon Carpet Fibers, Polyester (PET) Carpet Fibers, PTT (Triexta Polyester) Carpet Fibers, Polypropylene (Olefin) Carpet Fibers, Wool Carpet Fibers, Cotton Carpet Fibers
By Application
Commercial Use, Automotive, Industrial Use, Other
By Companies
Aquafil S.p.A., Swicofil AG, Canan Textile, Spin Group, HYOSUNG ADVANCED MATERIALS, Shaw Industries Group, Inc, BONAR YARNS&FABRICS LTD., Bikaner Woolen Mills(P)Limited, National Spinning Company, CLC Industries Ltd, Aquafil S.p.A., Gülsan Holding, Meridian Specialty Yarn Group
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Carpet Yarn Market Report Segments:
The global Carpet Yarn market is segmented on the basis of:
Types
Nylon Carpet Fibers, Polyester (PET) Carpet Fibers, PTT (Triexta Polyester) Carpet Fibers, Polypropylene (Olefin) Carpet Fibers, Wool Carpet Fibers, Cotton Carpet Fibers
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
Commercial Use, Automotive, Industrial Use, Other
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:
- Aquafil S.p.A.
- Swicofil AG
- Canan Textile
- Spin Group
- HYOSUNG ADVANCED MATERIALS
- Shaw Industries Group, Inc
- BONAR YARNS&FABRICS LTD.
- Bikaner Woolen Mills(P)Limited
- National Spinning Company
- CLC Industries Ltd
- Aquafil S.p.A.
- Gülsan Holding
- Meridian Specialty Yarn Group
Highlights of The Carpet Yarn 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:
- Nylon Carpet Fibers
- Polyester (PET) Carpet Fibers
- PTT (Triexta Polyester) Carpet Fibers
- Polypropylene (Olefin) Carpet Fibers
- Wool Carpet Fibers
- Cotton Carpet Fibers
- By Application:
- Commercial Use
- Automotive
- Industrial Use
- Other
- 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 Carpet Yarn 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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- Correctly Positioning New Products
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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?
Carpet yarn is a type of yarn made from the hair of sheep, goats, or other animals. It is usually spun into a fine thread and used to make carpeting or rugs.
Some of the major companies in the carpet yarn market are Aquafil S.p.A., Swicofil AG, Canan Textile, Spin Group, HYOSUNG ADVANCED MATERIALS, Shaw Industries Group, Inc, BONAR YARNS&FABRICS LTD., Bikaner Woolen Mills(P)Limited, National Spinning Company, CLC Industries Ltd, Aquafil S.p.A., G¼lsan Holding, Meridian Specialty Yarn Group.
The carpet yarn market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carpet Yarn Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Carpet Yarn Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Carpet Yarn Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Carpet Yarn Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Carpet Yarn Market Size & Forecast, 2018-2028 4.5.1 Carpet Yarn Market Size and Y-o-Y Growth 4.5.2 Carpet Yarn Market Absolute $ Opportunity
Chapter 5 Global Carpet Yarn Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carpet Yarn Market Size Forecast by Type
5.2.1 Nylon Carpet Fibers
5.2.2 Polyester (PET) Carpet Fibers
5.2.3 PTT (Triexta Polyester) Carpet Fibers
5.2.4 Polypropylene (Olefin) Carpet Fibers
5.2.5 Wool Carpet Fibers
5.2.6 Cotton Carpet Fibers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carpet Yarn Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carpet Yarn Market Size Forecast by Applications
6.2.1 Commercial Use
6.2.2 Automotive
6.2.3 Industrial Use
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carpet Yarn Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carpet Yarn Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carpet Yarn Analysis and Forecast
9.1 Introduction
9.2 North America Carpet Yarn Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carpet Yarn Market Size Forecast by Type
9.6.1 Nylon Carpet Fibers
9.6.2 Polyester (PET) Carpet Fibers
9.6.3 PTT (Triexta Polyester) Carpet Fibers
9.6.4 Polypropylene (Olefin) Carpet Fibers
9.6.5 Wool Carpet Fibers
9.6.6 Cotton Carpet Fibers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carpet Yarn Market Size Forecast by Applications
9.10.1 Commercial Use
9.10.2 Automotive
9.10.3 Industrial Use
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carpet Yarn Analysis and Forecast
10.1 Introduction
10.2 Europe Carpet Yarn Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carpet Yarn Market Size Forecast by Type
10.6.1 Nylon Carpet Fibers
10.6.2 Polyester (PET) Carpet Fibers
10.6.3 PTT (Triexta Polyester) Carpet Fibers
10.6.4 Polypropylene (Olefin) Carpet Fibers
10.6.5 Wool Carpet Fibers
10.6.6 Cotton Carpet Fibers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carpet Yarn Market Size Forecast by Applications
10.10.1 Commercial Use
10.10.2 Automotive
10.10.3 Industrial Use
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carpet Yarn Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carpet Yarn Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carpet Yarn Market Size Forecast by Type
11.6.1 Nylon Carpet Fibers
11.6.2 Polyester (PET) Carpet Fibers
11.6.3 PTT (Triexta Polyester) Carpet Fibers
11.6.4 Polypropylene (Olefin) Carpet Fibers
11.6.5 Wool Carpet Fibers
11.6.6 Cotton Carpet Fibers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carpet Yarn Market Size Forecast by Applications
11.10.1 Commercial Use
11.10.2 Automotive
11.10.3 Industrial Use
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carpet Yarn Analysis and Forecast
12.1 Introduction
12.2 Latin America Carpet Yarn Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carpet Yarn Market Size Forecast by Type
12.6.1 Nylon Carpet Fibers
12.6.2 Polyester (PET) Carpet Fibers
12.6.3 PTT (Triexta Polyester) Carpet Fibers
12.6.4 Polypropylene (Olefin) Carpet Fibers
12.6.5 Wool Carpet Fibers
12.6.6 Cotton Carpet Fibers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carpet Yarn Market Size Forecast by Applications
12.10.1 Commercial Use
12.10.2 Automotive
12.10.3 Industrial Use
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carpet Yarn Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carpet Yarn Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carpet Yarn Market Size Forecast by Type
13.6.1 Nylon Carpet Fibers
13.6.2 Polyester (PET) Carpet Fibers
13.6.3 PTT (Triexta Polyester) Carpet Fibers
13.6.4 Polypropylene (Olefin) Carpet Fibers
13.6.5 Wool Carpet Fibers
13.6.6 Cotton Carpet Fibers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carpet Yarn Market Size Forecast by Applications
13.10.1 Commercial Use
13.10.2 Automotive
13.10.3 Industrial Use
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carpet Yarn Market: Competitive Dashboard
14.2 Global Carpet Yarn Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aquafil S.p.A.
14.3.2 Swicofil AG
14.3.3 Canan Textile
14.3.4 Spin Group
14.3.5 HYOSUNG ADVANCED MATERIALS
14.3.6 Shaw Industries Group, Inc
14.3.7 BONAR YARNS&FABRICS LTD.
14.3.8 Bikaner Woolen Mills(P)Limited
14.3.9 National Spinning Company
14.3.10 CLC Industries Ltd
14.3.11 Aquafil S.p.A.
14.3.12 Gülsan Holding
14.3.13 Meridian Specialty Yarn Group