According to a new market report published by Lucintel, the future of the bulk continuous filament yarn market looks promising with opportunities in residential, non residential construction, and transportation industries. The bulk continuous filament yarn market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $12.3 billion by 2025 with a CAGR of 4% to 6% from 2020 to 2025. The major drivers for this market are growth in residential construction, and increasing consumer interest towards home decoration.
Browse 129 market data tables and 153 figures spread through 200 pages and in-depth TOC on “Bulk Continuous Filament Yarn Market”
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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 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 Bulk Continuous Filament Yarn Market 2020-2025: 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 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 2014 – 2025]:
By Denier Type [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
By Application [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
Carpet & RugsMats Others
By End Use [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
By Region [Volume (M lbs) and $M shipment analysis for 2012 – 2023]:
North AmericaUnited StatesCanadaMexicoEuropeGermanyFranceNorwayItalyAsia PacificJapanChinaSouth koriyaTaiwanThe Rest of the WorldTurkeySouth 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 click on this link https://www.lucintel.com/bulk-continuous-filament-yarn-market.aspx or email@example.com.
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