In the forecast period from 2021 to 2028, the plant-based textile yarn market is projected to expand at a rate of 4.40%. The rising demand for textile yarn for home textiles, apparel and other industrial purposes, which in the forecast period of 2021-2028 will act as a driver for the plant-based textile yarn market.
A textile yarn is a strand of fibres or filaments that are natural or synthetic. In the textile industry, textile yarns are primarily used for the manufacture of clothing, home textiles, medical, and sports goods.
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The major players covered in the plant-based textile yarn report are Parkdale Mills, Inc.; VARDHMAN GROUP; Huvis; Grasim Industries Limited.; Raymond Limited; Weiqiao Textile Company Limited.; TORAY INDUSTRIES, INC.; Bonar Yarns Fabrics Ltd; Thai Rayon Public Company Limited; Aksa; Asahi Kasei Corporation.; Barnhardt Natural Fibers.; Celanese Corporation; Far Eastern New Century Corporation; FORMOSA TAFFETA CO., LTD.; Indorama Ventures Public Company Limited.; FiberVisions, L.P.; KURARAY CO., LTD.; PT Polychem Indonesia Tbk; Reliance Industries Limited.; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Plant-Based Textile Yarn Market Scope and Market Size:
Plant-based textile yarn market is segmented on the basis of type, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the plant-based textile yarn market is segmented into natural yarn, artificial yarn, and others. Natural yarn has been further segmented as plant yarn, and animal yarn. Animal yarn has been further sub segmented into silk yarn, and wool yarn. Plant yarn has been further sub segmented into cotton yarn, flax yarn, hemp yarn, jute yarn, and ramie yarn. Artificial yarn has been further segmented into polyester, nylon, acrylic, and viscose. Artificial yarn products will account for the largest share in the market due to the rising usages of the products in blended varieties.
- Based on application, the plant-based textile yarn market is segmented into apparel, home textile, industrial, and other applications. Other applications have been further segmented into medical and sports applications.
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Plant-Based Textile Yarn Market Country Level Analysis:
Plant-based textile yarn market is analysed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the plant-based textile yarn market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the plant-based textile yarn market due to the increasing number of population, rapidly changing consumer consumption pattern, growing levels of disposable income of the people along with increasing demand for clothing and home furnishing products in the region, while the U.S., and Canada will expect to grow in the North America plant-based textile yarn market during the forecast period of 2021-2028 due to the surging levels of investment by the multinational manufacturers for the growth of the yarn market in the region.
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