According to a new market report published by
Lucintel, the future of the global bulk continuous filament yarn market looks promising
with opportunities in residential,
non residential construction, and transportation industries. The global bulk
continuous filament yarn market is expected to reach an estimated $11.8 billion
by 2024 with a CAGR of 4.7% from 2019 to 2024. The major drivers for this
market are growth in residential construction, and increasing consumer interest
towards home decoration.
In this market, nylon, polyester,
and polypropylene are used for manufacturing of bulk continuous filament yarn for
various applications. Polyester
will remain the largest polymer and it is also expected to witness the highest
growth over the forecast period due to its low price, durability, and stain
resistance properties.
Within this market, 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.
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.
Emerging
trends, which have a direct impact on the dynamics of the industry, include use
of bio based bulk continuous filament yarn and
advancement in technology to develop pollution free BCF yarn. Aquafil, Toray, Al Abdullatif
Industrial, Universal Fibers, Hyosung Advanced Materials, and Pharr Fibers and
Yarns are the major manufacturer of bulk continuous filament.
Lucintel, a leading global strategic consulting and market research
firm, has analyzed growth opportunities in the global bulk continuous filament yarn market by application, polymer type, denier
type, end use, and region. Lucintel has compiled a comprehensive research
report entitled “Growth
Opportunities in the Global Bulk Continuous Filament Yarn Market 2019-2024:
Trends, Forecast, and Opportunity Analysis”. The Lucintel report serves
as a catalyst for growth strategy, as it provides comprehensive data and
analysis on trends, key drivers, and directions. The study includes a forecast
for the global bulk continuous filament yarn market by application, polymer type, denier type, end
use, and region, as follows:
By Polymer Type [Volume (M lbs) and $M
shipment analysis for 2013 – 2024]:
- Nylon
- Polyester
- Polypropylene
- Others
By Denier Type [Volume (M lbs) and $M shipment
analysis for 2013 – 2024]:
- 600-1200
- 1200-1800
- 1800-2400
- 2400-3000
By Application [Volume (M lbs) and $M shipment
analysis for 2013 – 2024]:
- Carpet & Rugs
- Mats
- Others
By End Use [Volume (M lbs) and $M shipment
analysis for 2013 – 2024]:
- Residential
- Non-Residential
- Others
By Region [Volume (M lbs) and $M shipment analysis for
2012 – 2023]:
- North
America
−
US
−
Canada
−
Mexico
- Europe
−
Germany
−
Norway
−
France
−
Italy
- Asia
Pacific
−
China
−
Japan
−
South Korea
−
Taiwan
- The Rest of the World
−
Turkey
−
South Africa
This 200-page 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 email us at helpdesk@lucintel.com. Lucintel
offerings include Chemical Market
Research Reports, Chemical Industry
Analysis Report, Opportunity Screening
and Analysis, Strategic Growth
Consulting and Due Diligence.
About Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. Lucintel offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This
report answers the following 11 key questions:
Q.1. What are
some of the most promising, high-growth opportunities for the bulk continuous filament yarn market 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), end use (residential, non-residential, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace
and why?
Q.3.
Which region will grow at a
faster pace and why?
Q.4.
What are the key factors affecting
market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive
threats in this market?
Q.6. What are
the emerging trends in this market and the reasons behind them?
Q.7. What are
some of the changing demands of customers in the market?
Q.8.
What are the new developments in the
market? Which companies are leading these developments?
Q.9.
Who are the major players in this
market? What strategic initiatives are key players pursuing for business
growth?
Q.10.
What are some of the competing products
in this market and how big of a threat do they pose for loss of market share by
material or product substitution?
Q.11.
What M&A activity has occurred in
the last 5 years and what has its impact been on the industry?
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