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| Market size in 2024 | US$ 12.34 billion |
Forecast Market size by | US$ N/A |
|---|
The global Partially Oriented Yarn (POY) market size was valued at US$ 12.34 billion in 2024 and is projected to reach US$ 16.78 billion by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.
The United States Partially Oriented Yarn (POY) market size was valued at US$ 2.34 billion in 2024 and is projected to reach US$ 3.12 billion by 2030, at a CAGR of 4.9% during the forecast period 2024-2030.
Partially Oriented Yarn (POY) is an intermediate textile product made from polyester or nylon, characterized by partial molecular orientation, used as a base material for producing fully drawn yarn and textured yarn.
The global POY market is experiencing steady growth, driven by increasing demand in textile and apparel industries. In 2023, total production reached 25 million metric tons, with polyester POY accounting for 85% of production. The nylon POY segment is growing at 4.8% annually. The market saw a 15% increase in demand for recycled POY in 2023, reflecting sustainability trends. Regular POY dominates with a 70% market share, while specialty POY is growing at 6.5% annually. Asia Pacific leads with a 75% market share and is also the fastest-growing region at 5.5% CAGR. The industry is focusing on developing sustainable production processes, with a 25% growth in R&D investments for recycled and bio-based POY solutions.
Report Overview
Partially Oriented Yarn (POY) is incompletely stretched filaments with an orientation degree between unoriented filaments and drawn filaments obtained by high-speed spinning. Compared with undrawn yarn, it has a certain degree of orientation and good stability, but cannot be used for textile processing.
Partially Oriented Yarn Market provides a deep insight into the global Partially Oriented Yarn (POY) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Partially Oriented Yarn (POY) Market, Partially Oriented Yarn Market introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, Partially Oriented Yarn Market is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Partially Oriented Yarn (POY) market in any manner.
Global Partially Oriented Yarn (POY) Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Partially Oriented Yarn (POY) Market, Global Outlook and Forecast 2024-2030 |
| Market size in 2024 | US$ 12.34 billion |
| Forecast Market size by | US$ N/A |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 127 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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