Market Overview:
The global PET monofilament 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 PET monofilaments from various applications such as fishy/agricultural, industrial, consumer goods and others. In terms of region, North America is expected to lead the global PET monofilament market in terms of revenue during the forecast period followed by Europe and Asia Pacific.
Product Definition:
PET monofilament is a type of polymer that is used to make fibers. These fibers are often used in textiles and clothing, as well as in other applications such as ropes and nets. PET monofilament can also be used to create filtration systems.
Diameter Below 0.1 mm:
DiameterBelow0.1mm is the new segment in the global PET monofilament market and it's expected to grow at a CAGR of XX% during the forecast period. The growth can be attributed to increasing demand for superior quality, low-cost & high performance materials from various end-use industries such as packaging, textiles, medical & healthcare and consumer goods industry among others.
Diameter: 0.1-0.8 mm:
Diameter: 0.1-0.8 mm and it's usage in PET Monofilament market? Diameter: 0.1-0.8 mm.
Application Insights:
The fishy/agricultural application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. Growing demand for PET monofilaments from various industries including food & beverage, textiles, packaging, and others on account of increasing applications in agricultural applications is expected to drive the market growth.
PET monofilaments are used as a replacement of glass fiber due to its properties such as flexibility and high strength-to-weight ratio which make it suitable for use in fishing nets. Moreover, these products have excellent knotting ability which makes them ideal for use in ropes that are used by fishermen while catching crabs or lobsters at night time or when visibility is low. These factors are anticipated to increase product demand from fishing industry thereby driving overall market growth over the forecast period.
Growing consumption of plastic materials has resulted in increased pollution problems both globally.
Regional Analysis:
Asia Pacific dominated the global PET monofilament 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 for filaments from various end-use industries such as packaging, automotive, electrical & electronics, medical devices and others. In addition, rising disposable income coupled with growing population has resulted in increased demand for consumer goods such as apparel and footwear which will further propel industry growth.
The Asia Pacific was followed by Europe that accounted for a revenue share of 22% in 2017 owing to high production volume of automobiles along with other industrial machinery used across various manufacturing sectors including food processing & packaging among others. Increasing R&D activities due to rise in funding by government organizations are projected to fuel industry expansion over the coming years.
Growth Factors:
- Increasing demand from the automotive and electrical & electronics industries
- Rising demand for lightweight and durable products
- Growing popularity of PET monofilament in medical applications
- Technological advancements in manufacturing processes
- Rising awareness about the benefits of PET monofilament among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
PET Monofilament Market Research Report
By Type
Diameter Below 0.1 mm, Diameter: 0.1-0.8 mm, Diameter: 0.81-1.5 mm, DiameterAbove1.5 mm
By Application
Fishy/Agricultural, Industrial, Consumer Goods, Others
By Companies
Ri-Thai, Perlon, NTEC, Monosuisse, Tai Hing, Ruichang Special Monofilament, Superfil Products, Jarden Applied Materials, Judin Industrial
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global PET Monofilament Market Report Segments:
The global PET Monofilament market is segmented on the basis of:
Types
Diameter Below 0.1 mm, Diameter: 0.1-0.8 mm, Diameter: 0.81-1.5 mm, DiameterAbove1.5 mm
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
Fishy/Agricultural, Industrial, Consumer Goods, Others
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:
- Ri-Thai
- Perlon
- NTEC
- Monosuisse
- Tai Hing
- Ruichang Special Monofilament
- Superfil Products
- Jarden Applied Materials
- Judin Industrial
Highlights of The PET Monofilament 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:
- Diameter Below 0.1 mm
- Diameter: 0.1-0.8 mm
- Diameter: 0.81-1.5 mm
- DiameterAbove1.5 mm
- By Application:
- Fishy/Agricultural
- Industrial
- Consumer Goods
- Others
- 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 PET Monofilament 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?
PET Monofilament is a type of plastic that is made from PET (polyethylene terephthalate) and has a single filament. It is often used in fishing line, as it has a high strength-to-weight ratio and can be easily twisted into tight coils.
Some of the key players operating in the pet monofilament market are Ri-Thai, Perlon, NTEC, Monosuisse, Tai Hing, Ruichang Special Monofilament, Superfil Products, Jarden Applied Materials, Judin Industrial.
The pet monofilament market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PET Monofilament 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. PET Monofilament Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PET Monofilament Market - Supply Chain
4.5. Global PET Monofilament Market Forecast
4.5.1. PET Monofilament Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PET Monofilament Market Size (000 Units) and Y-o-Y Growth
4.5.3. PET Monofilament Market Absolute $ Opportunity
5. Global PET Monofilament 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. PET Monofilament Market Size and Volume Forecast by Type
5.3.1. Diameter Below 0.1 mm
5.3.2. Diameter: 0.1-0.8 mm
5.3.3. Diameter: 0.81-1.5 mm
5.3.4. DiameterAbove1.5 mm
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PET Monofilament 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. PET Monofilament Market Size and Volume Forecast by Application
6.3.1. Fishy/Agricultural
6.3.2. Industrial
6.3.3. Consumer Goods
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PET Monofilament 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. PET Monofilament 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 PET Monofilament 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. PET Monofilament 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 PET Monofilament Demand Share Forecast, 2019-2026
9. North America PET Monofilament 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 PET Monofilament 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 PET Monofilament Market Size and Volume Forecast by Application
9.4.1. Fishy/Agricultural
9.4.2. Industrial
9.4.3. Consumer Goods
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PET Monofilament Market Size and Volume Forecast by Type
9.7.1. Diameter Below 0.1 mm
9.7.2. Diameter: 0.1-0.8 mm
9.7.3. Diameter: 0.81-1.5 mm
9.7.4. DiameterAbove1.5 mm
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 PET Monofilament Demand Share Forecast, 2019-2026
10. Latin America PET Monofilament 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 PET Monofilament 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 PET Monofilament Market Size and Volume Forecast by Application
10.4.1. Fishy/Agricultural
10.4.2. Industrial
10.4.3. Consumer Goods
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PET Monofilament Market Size and Volume Forecast by Type
10.7.1. Diameter Below 0.1 mm
10.7.2. Diameter: 0.1-0.8 mm
10.7.3. Diameter: 0.81-1.5 mm
10.7.4. DiameterAbove1.5 mm
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 PET Monofilament Demand Share Forecast, 2019-2026
11. Europe PET Monofilament 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 PET Monofilament 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 PET Monofilament Market Size and Volume Forecast by Application
11.4.1. Fishy/Agricultural
11.4.2. Industrial
11.4.3. Consumer Goods
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PET Monofilament Market Size and Volume Forecast by Type
11.7.1. Diameter Below 0.1 mm
11.7.2. Diameter: 0.1-0.8 mm
11.7.3. Diameter: 0.81-1.5 mm
11.7.4. DiameterAbove1.5 mm
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 PET Monofilament Demand Share, 2019-2026
12. Asia Pacific PET Monofilament 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 PET Monofilament 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 PET Monofilament Market Size and Volume Forecast by Application
12.4.1. Fishy/Agricultural
12.4.2. Industrial
12.4.3. Consumer Goods
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PET Monofilament Market Size and Volume Forecast by Type
12.7.1. Diameter Below 0.1 mm
12.7.2. Diameter: 0.1-0.8 mm
12.7.3. Diameter: 0.81-1.5 mm
12.7.4. DiameterAbove1.5 mm
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 PET Monofilament Demand Share, 2019-2026
13. Middle East & Africa PET Monofilament 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 PET Monofilament 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 PET Monofilament Market Size and Volume Forecast by Application
13.4.1. Fishy/Agricultural
13.4.2. Industrial
13.4.3. Consumer Goods
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PET Monofilament Market Size and Volume Forecast by Type
13.7.1. Diameter Below 0.1 mm
13.7.2. Diameter: 0.1-0.8 mm
13.7.3. Diameter: 0.81-1.5 mm
13.7.4. DiameterAbove1.5 mm
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 PET Monofilament Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PET Monofilament Market: Market Share Analysis
14.2. PET Monofilament Distributors and Customers
14.3. PET Monofilament Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ri-Thai
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Perlon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NTEC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Monosuisse
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tai Hing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ruichang Special Monofilament
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Superfil Products
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jarden Applied Materials
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Judin Industrial
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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