What is Global FDY Yarns Market?
The Global FDY Yarns Market is a vast and dynamic sector that encompasses the production and distribution of Fully Drawn Yarns (FDY) on a global scale. FDY yarns are a type of synthetic yarn that is primarily used in the textile industry. They are produced by a process that involves heating and drawing the yarn until it is fully oriented. This results in a yarn that is smooth, highly lustrous, and strong, making it ideal for a variety of applications. The global market for FDY yarns is driven by a number of factors, including the growing demand for high-quality textiles, the increasing use of synthetic yarns in various industries, and the ongoing advancements in yarn production technology. As of 2023, the global FDY Yarns market was valued at US$ 11260 million and it is projected to reach US$ 18180 million by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period from 2024 to 2030.
Polyester FDY Yarns, Nylon FDY Yarns, Others in the Global FDY Yarns Market:
The Global FDY Yarns Market is segmented into several categories based on the type of yarn, including Polyester FDY Yarns, Nylon FDY Yarns, and others. Polyester FDY Yarns are the most dominant type, accounting for around 92.75% of the market share in 2019. These yarns are known for their strength, durability, and resistance to wrinkles and shrinkage, making them ideal for a wide range of applications. Nylon FDY Yarns, on the other hand, are known for their exceptional strength, abrasion resistance, and elasticity. They are often used in the production of garments, home textiles, and automotive fabrics. Other types of FDY Yarns include those made from materials like polypropylene and viscose, each of which has its own unique properties and applications.
Home Textiles, Apparel, Automotive Fabrics, Others in the Global FDY Yarns Market:
The Global FDY Yarns Market finds its usage in a variety of areas, including Home Textiles, Apparel, Automotive Fabrics, and others. The Home Textiles sector was the largest field, holding an estimated 46.11% market share in 2019. FDY Yarns are used in this sector to produce a variety of products, including curtains, upholstery, bed linens, and carpets. The Apparel sector also makes extensive use of FDY Yarns, particularly in the production of sportswear, swimwear, and other types of clothing that require durable and stretchable fabrics. In the Automotive Fabrics sector, FDY Yarns are used to produce seat covers, airbags, and other automotive textiles. Other areas where FDY Yarns are used include the production of industrial textiles, medical textiles, and geotextiles.
Global FDY Yarns Market Outlook:
The global FDY Yarns market has shown significant growth over the years, with China being the largest consumer, accounting for 89.43% of the market consumption in 2019. Other major consuming regions include India and North America, which accounted for 6.05% and 0.95% respectively. The dominance of China in the market can be attributed to its massive textile industry, which is one of the largest in the world. The growth of the FDY Yarns market in India and North America can be attributed to the increasing demand for high-quality textiles in these regions. The market outlook for FDY Yarns remains positive, with the market expected to reach US$ 18180 million by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period from 2024 to 2030.
| Report Metric | Details |
| Report Name | FDY Yarns Market |
| Accounted market size in 2023 | US$ 11260 million |
| Forecasted market size in 2030 | US$ 18180 million |
| CAGR | 7.0% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Recron Polyester(Reliance), Filatex India, IndoRama, Tongkun Group, Xin Feng Ming Group, Zhejiang Hengyi Group, Shenghong Corp, Hengli Group, Billion Industrial, Rongsheng PetroChemical, Nanya, Toray, Lealea Group, Akra, Suzhou Longjie Special Fiber, Dodhia Group |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
