North America Recycled PET FDY Yarn Market was valued at USD 600 Million in 2022 and is projected to reach USD 1.1 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The North American market for recycled PET FDY yarn has seen significant growth in recent years, driven by an increasing demand for sustainable materials in various industries. This shift toward eco-friendly solutions is not just a trend but a necessity, as consumers and manufacturers alike are becoming more environmentally conscious. PET (Polyethylene Terephthalate) FDY (Fully Drawn Yarn) is one of the most widely recycled fibers North Americaly, primarily sourced from used plastic bottles, reducing the environmental burden of waste plastic.
In industries such as textiles, automotive, and packaging, the application of recycled PET FDY yarn is becoming a standard practice due to its durability, versatility, and eco-friendly characteristics. Manufacturers in the textile sector, particularly those producing clothing and home textiles, are increasingly turning to recycled PET FDY yarn as a substitute for virgin polyester. This not only helps them meet sustainability goals but also caters to the growing consumer demand for green products. The automotive industry is another major consumer, using recycled PET yarns for car interiors, seat fabrics, and carpets, where the material's strength and resilience are crucial.
The demand for this yarn in North America is also driven by various regulatory requirements and incentives aimed at reducing plastic waste. These regulations encourage companies to adopt more sustainable production methods and reduce their carbon footprint. Additionally, the increasing popularity of circular economy initiatives, where materials are continuously reused and recycled, further supports the market for recycled PET FDY yarn.
Moreover, industries are seeking yarns that not only meet environmental standards but also provide superior performance in terms of quality, strength, and color retention. Recycled PET FDY yarn offers these qualities, making it an attractive option for manufacturers looking to improve both sustainability and product quality. As technology advances, the processing of recycled PET yarn continues to improve, ensuring that it can meet the growing demands of various industries.
The North America Recycled PET FDY Yarn Market continues to evolve, driven by both environmental concerns and the demand for high-performance, sustainable materials.
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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 North America 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
North America (United States, North America 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 North America 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. North America Recycled PET FDY Yarn Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Recycled PET FDY Yarn Market, By Type
6. North America Recycled PET FDY Yarn Market, By Application
7. North America Recycled PET FDY Yarn Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Recycled PET FDY Yarn Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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