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Asia Pacific Partially Oriented Yarn (POY)  Market Research Report 2024-2030

Asia Pacific Partially Oriented Yarn (POY) Market Research Report 2024-2030

  • Published on : 24 October 2024
  • Pages :205
  • Report Code:SMR-8015618

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Report overview

The Asia Pacific Partially Oriented Yarn (POY) market size was valued at US$ 12.84 billion in 2024 and is projected to reach US$ 17.56 billion by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Partially Oriented Yarn (POY) is a type of polyester filament yarn with intermediate orientation, used as a raw material in the production of textured yarns for various textile applications.
The Asia Pacific POY market is experiencing steady growth, driven by the region's dominant textile and apparel industry. China accounts for 55% of the market, followed by India at 25% and Vietnam at 10%. In 2023, the apparel sector consumed 60% of total production, with home textiles at 25% and industrial fabrics at 10%. The market saw an 8% increase in demand for recycled POY due to sustainability trends. Key players include Reliance Industries Limited (India) and Tongkun Group Co., Ltd. (China), collectively holding a 40% market share in the region. The industry is investing in high-speed spinning technologies, with a 12% increase in production efficiency in 2023. Challenges include raw material price volatility and overcapacity in some regions, leading to a 5% focus on product differentiation and value-added offerings. The trend towards athleisure wear has driven a 15% growth in demand for performance POY with moisture-wicking properties. The market is benefiting from the shift of textile manufacturing from China to Southeast Asian countries, with a 20% increase in POY production capacity in Vietnam and Bangladesh.

Report Includes

This report is an essential reference for who looks for detailed information on Asia Pacific Partially Oriented Yarn (POY) . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Partially Oriented Yarn (POY) , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Asia Pacific Partially Oriented Yarn (POY) , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Partially Oriented Yarn (POY) . This report contains market size and forecasts of Partially Oriented Yarn (POY) in Asia Pacific, including the following market information:
We surveyed the Partially Oriented Yarn (POY) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China
•    India
•    Japan
•    South Korea
•    Australia
•    Thailand
•    Indonesia

by Products type:

•    Polyester Partially Oriented Yarn
•    Nylon Partially Oriented Yarn
•    Other

by Application:

•    Apparel
•    Industrial and Consumer Texties
•    Household and Institutional Texties, Interior Texties
•    Carpets and Rugs

key players include: (At least 8-10 companies included)

•    Reliance Industries Limited
•    Indorama Ventures Public Company Limited
•    Tongkun Group Co., Ltd.
•    Xinfengming Group Co., Ltd.
•    Hengli Group
•    Jiangsu Hengteng Polymer Materials Co., Ltd.
•    Zhejiang Hengyi Group Co., Ltd.
•    Rongsheng Petrochemical Co., Ltd.
•    Shenghong Group
•    Zhejiang GuXianDao Industrial Fiber Co., Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Partially Oriented Yarn (POY) revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
•    Key companies Partially Oriented Yarn (POY) revenues share in Asia Pacific market, 2023 (%)
•    Key companies Partially Oriented Yarn (POY) sales in Asia Pacific market, 2019-2024 (Estimated),
•    Key companies Partially Oriented Yarn (POY) sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:
•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
•    The report covers Asia Pacific and country-wise market of Partially Oriented Yarn (POY)
•    It describes present situation, historical background and future forecast
•    Comprehensive data showing Partially Oriented Yarn (POY) capacities, production, consumption, trade statistics, and prices in the recent years are provided
•    The report indicates a wealth of information on Partially Oriented Yarn (POY) manufacturers
•    Partially Oriented Yarn (POY) forecast for next five years, including market volumes and prices is also provided
•    Raw Material Supply and Downstream Consumer Information is also included
•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:
•    Analyzing the outlook of the market with the recent trends and SWOT analysis
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
•    Distribution Channel sales Analysis by Value
•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
•    1-year analyst support, along with the data support in excel format.