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 Recycled PET FDY (Fully Drawn Yarn) market was valued at approximately USD 1.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. This growth trajectory is driven by increasing environmental awareness and the rising demand for sustainable materials in the textile industry. The market's expansion is supported by innovations in recycling technologies and the adoption of eco-friendly practices by major textile producers. The demand for recycled PET FDY yarn is anticipated to surge, reflecting a broader shift towards circular economy practices and sustainable production methods.
Opportunities in the Recycled PET FDY Yarn market are bolstered by the growing emphasis on reducing plastic waste and the expansion of green building initiatives. Emerging markets, particularly in regions with expanding manufacturing capabilities and a strong focus on sustainability, present significant growth prospects. Additionally, advancements in yarn production technology and increased investments in recycling infrastructure are likely to create new avenues for market players. The ongoing development of sustainable fashion trends and stricter environmental regulations are expected to further drive the market's growth and innovation.
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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
Clothing
Home Textile
Other
Based on Types the Market is categorized into Below types that held the largest Recycled PET FDY Yarn market share In 2023.
White Yarn
Black Yarn
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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