Market Overview:
The global low stretch yarn 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 low stretch yarns from various applications such as coat, furniture fabric, carpet and others. Low stretch yarns are used in these applications owing to their properties such as high strength, durability and resistance to abrasion. In addition, rising awareness about the benefits of using low stretch yarns is also contributing towards the growth of this market. Based on type, polyester accounted for a major share of the global low stretch yarn market in 2017. Polyester is a preferred choice for manufacturing low stretch yarns owing to its properties such as high strength and durability.
Product Definition:
Low stretch yarn is a type of yarn that has low elasticity or limited stretch. This type of yarn is often used in projects that require a lot of stability, such as sweaters, hats, and socks. Low stretch yarn helps to prevent these items from stretching out over time and keeps their shape better.
Polyester:
Polyester is a synthetic, man-made fiber that has been developed from the polymerization of adipic acid. It differs from cotton in that it has much greater strength and durability along with being able to withstand high temperatures. The development of polyester can be attributed to two major factors, firstly its ability to blend with other fibers making it suitable for use in apparel and second its resistance to stretching which makes it ideal for industrial applications such as ropes, netsting and fishing lines.
Polypropylene Fibre:
Polypropylene (PP) is a widely used thermoplastic polymer in the textile industry. It is also known as Polyethylene Terephthalate or PET for short. The most important property of PP fibres is that they do not melt when heated, and thus can be easily used in clothing and other applications where high temperature resistance is required.
Application Insights:
The other application segment includes apparel, home furnishing and construction. The demand for the product in this application is expected to witness a CAGR of XX% from 2018 to 2030 owing to its properties such as high strength, excellent resistance against UV light and mildew, good tensile strength & elongation ratio which makes it suitable for use in ropes and cables among others.
Polyester based products are widely used in the automotive industry owing to their superior mechanical properties such as impact resistance & abrasion proofness along with high temperature stability up till around 300°C which makes them an ideal material for manufacturing body panels or interiors of vehicles. In addition, increasing production capacities of passenger cars across various countries including China Japan India Mexico Korea has resulted in growing consumption of these products globally driving growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40% in 2017. This is attributed to the presence of a large number of manufacturers and exporters coupled with rapid industrialization and urbanization across this region. The growth can also be attributed to increasing demand for apparel, footwear, sports goods, furniture fabric as well as carpets from developing countries such as China and India.
The European market is expected to witness significant growth over the forecast period owing to rising product demand from several key application sectors including coatings & printing ink, packaging materials along with automotive interior applications such as seat covers and floor mats. Increasing R&D activities by major companies for manufacturing high performance low stretch polyester yarns are projected to drive industry expansion over the coming years.
Growth Factors:
- Increasing demand from the apparel industry for low stretch yarns as they provide a better fit and look to garments.
- Growing popularity of athleisure wear, which requires fabrics with good stretch and recovery properties.
- Rising demand for functional fabrics in sportswear and other activewear segments.
- Proliferation of online retail channels, which is driving the need for better-fitting clothes among consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Stretch Yarn Market Research Report
By Type
Polyester, Polypropylene Fibre, Polyamide Fibre
By Application
Coat, Furniture Fabric, Carpet, Other
By Companies
Fujian Baihong Group, Tongkun Group, Hangzhou Tianyuan Polyester Co., Ltd., Xinfengming Group, Shenghong Holding Group Co., Ltd., Hengli Petrochemical Co, Hengyishihua, McMichael Mills, Fujian Yiming Textile Co.,Ltd, Nanjing Forever Textile Co.,LTD, Shishi Flying Wheel Thread Co., Ltd.
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Low Stretch Yarn Market Report Segments:
The global Low Stretch Yarn market is segmented on the basis of:
Types
Polyester, Polypropylene Fibre, Polyamide Fibre
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
Coat, Furniture Fabric, Carpet, 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:
- Fujian Baihong Group
- Tongkun Group
- Hangzhou Tianyuan Polyester Co., Ltd.
- Xinfengming Group
- Shenghong Holding Group Co., Ltd.
- Hengli Petrochemical Co
- Hengyishihua
- McMichael Mills
- Fujian Yiming Textile Co.,Ltd
- Nanjing Forever Textile Co.,LTD
- Shishi Flying Wheel Thread Co., Ltd.
Highlights of The Low Stretch 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:
- Polyester
- Polypropylene Fibre
- Polyamide Fibre
- By Application:
- Coat
- Furniture Fabric
- Carpet
- 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 Low Stretch 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Low stretch yarn is a type of yarn that has a low elasticity. This means that it will not bounce back after being stretched, which can make it ideal for garments that need to be fitted tightly or have minimal stretch.
Some of the major players in the low stretch yarn market are Fujian Baihong Group, Tongkun Group, Hangzhou Tianyuan Polyester Co., Ltd., Xinfengming Group, Shenghong Holding Group Co., Ltd., Hengli Petrochemical Co, Hengyishihua, McMichael Mills, Fujian Yiming Textile Co.,Ltd, Nanjing Forever Textile Co.,LTD, Shishi Flying Wheel Thread Co., Ltd..
The low stretch 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 Low Stretch 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 Low Stretch Yarn Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Stretch 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 Low Stretch 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 Low Stretch Yarn Market Size & Forecast, 2018-2028
4.5.1 Low Stretch Yarn Market Size and Y-o-Y Growth
4.5.2 Low Stretch Yarn Market Absolute $ Opportunity
Chapter 5 Global Low Stretch 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 Low Stretch Yarn Market Size Forecast by Type
5.2.1 Polyester
5.2.2 Polypropylene Fibre
5.2.3 Polyamide Fibre
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low Stretch 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 Low Stretch Yarn Market Size Forecast by Applications
6.2.1 Coat
6.2.2 Furniture Fabric
6.2.3 Carpet
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Stretch 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 Low Stretch 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 Low Stretch Yarn Analysis and Forecast
9.1 Introduction
9.2 North America Low Stretch 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 Low Stretch Yarn Market Size Forecast by Type
9.6.1 Polyester
9.6.2 Polypropylene Fibre
9.6.3 Polyamide Fibre
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 Low Stretch Yarn Market Size Forecast by Applications
9.10.1 Coat
9.10.2 Furniture Fabric
9.10.3 Carpet
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 Low Stretch Yarn Analysis and Forecast
10.1 Introduction
10.2 Europe Low Stretch 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 Low Stretch Yarn Market Size Forecast by Type
10.6.1 Polyester
10.6.2 Polypropylene Fibre
10.6.3 Polyamide Fibre
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 Low Stretch Yarn Market Size Forecast by Applications
10.10.1 Coat
10.10.2 Furniture Fabric
10.10.3 Carpet
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 Low Stretch Yarn Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low Stretch 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 Low Stretch Yarn Market Size Forecast by Type
11.6.1 Polyester
11.6.2 Polypropylene Fibre
11.6.3 Polyamide Fibre
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 Low Stretch Yarn Market Size Forecast by Applications
11.10.1 Coat
11.10.2 Furniture Fabric
11.10.3 Carpet
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 Low Stretch Yarn Analysis and Forecast
12.1 Introduction
12.2 Latin America Low Stretch 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 Low Stretch Yarn Market Size Forecast by Type
12.6.1 Polyester
12.6.2 Polypropylene Fibre
12.6.3 Polyamide Fibre
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 Low Stretch Yarn Market Size Forecast by Applications
12.10.1 Coat
12.10.2 Furniture Fabric
12.10.3 Carpet
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) Low Stretch Yarn Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low Stretch 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) Low Stretch Yarn Market Size Forecast by Type
13.6.1 Polyester
13.6.2 Polypropylene Fibre
13.6.3 Polyamide Fibre
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) Low Stretch Yarn Market Size Forecast by Applications
13.10.1 Coat
13.10.2 Furniture Fabric
13.10.3 Carpet
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 Low Stretch Yarn Market: Competitive Dashboard
14.2 Global Low Stretch Yarn Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fujian Baihong Group
14.3.2 Tongkun Group
14.3.3 Hangzhou Tianyuan Polyester Co., Ltd.
14.3.4 Xinfengming Group
14.3.5 Shenghong Holding Group Co., Ltd.
14.3.6 Hengli Petrochemical Co
14.3.7 Hengyishihua
14.3.8 McMichael Mills
14.3.9 Fujian Yiming Textile Co.,Ltd
14.3.10 Nanjing Forever Textile Co.,LTD
14.3.11 Shishi Flying Wheel Thread Co., Ltd.
