Us Recycled PET FDY Yarn Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Recycled PET FDY Yarn Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 8.7 Billion by 2030, growing at a CAGR of 9.4% from 2024 to 2030.
The U.S. recycled PET FDY yarn market is experiencing significant growth, driven by increasing environmental awareness and demand for sustainable textile solutions. Recycled Polyethylene Terephthalate (PET) Fully Drawn Yarn (FDY) is produced by processing post-consumer plastic waste, such as bottles, into high-quality yarns suitable for various applications. This process not only reduces plastic waste but also conserves energy, making it an eco-friendly alternative to virgin polyester yarns.
In 2023, the global recycled PET FDY yarn market was valued at approximately USD 336.52 million and is projected to reach USD 505.27 million by 2032, with a Compound Annual Growth Rate (CAGR) of 4.62% during the forecast period. This growth is attributed to the textile industry's shift towards sustainable practices and the rising consumer preference for environmentally friendly products.
Within the U.S., several factors contribute to the market's expansion:
Environmental Regulations: Stringent policies aimed at reducing plastic waste have encouraged manufacturers to adopt recycled materials, boosting the demand for recycled PET FDY yarn.
Technological Advancements: Innovations in recycling technologies have improved the quality and performance of recycled yarns, making them more competitive with traditional materials.
Consumer Awareness: Growing awareness of environmental issues has led consumers to seek sustainable products, prompting brands to incorporate recycled materials into their offerings.
However, challenges persist. The availability of high-quality recycled PET is limited, leading to supply inconsistencies. Additionally, the cost of recycled yarns can be higher than that of virgin polyester, posing economic challenges for manufacturers and consumers alike.
Despite these hurdles, the market presents promising opportunities. The fashion and apparel industry, in particular, is increasingly embracing recycled PET FDY yarns to meet sustainability goals and cater to eco-conscious consumers. Moreover, the automotive sector is exploring the use of these yarns in interior components, aligning with the industry's move towards greener materials.
In my experience, collaborating with textile manufacturers who utilize recycled PET FDY yarn has been rewarding. The quality of the yarns has improved remarkably over the years, and the positive feedback from environmentally conscious consumers underscores the importance of sustainable practices in the industry.
As the global emphasis on sustainability intensifies, the U.S. recycled PET FDY yarn market is poised for continued growth. By addressing supply chain challenges and leveraging technological advancements, the industry can further capitalize on the increasing demand for eco-friendly textile solutions.
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Unifi
Patagonia
Patrick Yarn Mill
Ecological Textiles
Haksa Tekstil
Filatures Du Parc
Radici Partecipazioni SpA
APM INDUSTRIES
Pashupati Polytex
HYOSUNG
Unifi
LIBOLON
Far Eastern New Century Corporation
Haili Group
Cixi Xingke Chemical Fiber
Longfu Recycling Energy Scientech
Zhejiang Jiaren New Materials
Shandong Grand New Material Technology
Cixi Santai Chemical Fibre
Zhonglang Group
Hangzhou Huaerli Chemical Fiber
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Recycled PET FDY Yarn Market
Filament Yarn
Textured Yarn
Flat Yarn
Textiles
Apparel
Home Furnishings
Automotive Textiles
Industrial Applications
Low Denier (≤ 150)
Medium Denier (151 - 300)
High Denier (> 300)
Dope Dyed Yarn
Piece Dyed Yarn
Yarn Dyed Yarn
Global Recycling Standard (GRS)
OEKO-TEX Standard 100
Recycled Claim Standard (RCS)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Recycled PET FDY Yarn Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Recycled PET FDY Yarn Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Recycled PET FDY Yarn Market, By Type
6. Global Recycled PET FDY Yarn Market, By Application
7. Global Recycled PET FDY Yarn Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Recycled PET FDY Yarn Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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