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Polyester threads tend to boost the effects in the seams on the heels of dye uptake resistance, thereby leading to darker appearance in shade. Consumers are likely to be buoyed from the durability profile of polyester.
With the demand for polyester with good elasticity, high strength, low shrinkage and wear resistance soaring, high-strength polyester thread market share is likely to gain an uptick. Polyester threads tend to boost the effects in the seams on the heels of dye uptake resistance, thereby leading to darker appearance in shade. Consumers are likely to be buoyed from the durability profile of polyester.
Consumers are valuing the significance of polyester to make homewares such as upholstery, blankets, rugs and curtains. Prominently, traction for the use of polyester as cushioning for sofas, chairs and pillows on the heels of the tremendous stain-resistance has made the fabric trendier globally. Global Market Insights Inc has projected high-strength polyester thread market size to gain substantial uptick by 2026.
COVID-19 Impact
The impact of COVID-19 has become palpable in polyester thread landscape, with demand-supply matrix taking a hit. Simply put, the pandemic has led to slow recovery of downstream plants, high inventory cost, dipping oil prices and influence on logistics.
Trends towards spun polyester
End-markets have exhibited traction for spun polyester thread for embroidering clothing as polyester is stronger than rayon and helps enhance the durability and quality of the finished product.
A palpable surge in denim wear has accentuated demand for strong stone wash-resistant thread. Besides, spun polyester has gained palpability as it can give the same appearance as cotton thread.
Given that polyester is durable even when washed frequently and it is wrinkle resistant, polyester spun has set the trend among the end-use population. With smooth texture, polyester spun has become popular for high color retention ability. Moreover, its easy maintenance and affordability have further instilled confidence among the stakeholders.
Demand from leather and shoes industry to drive growth
In the past several years, traction for polyester thread in the manufacturing of leather and shoes has surged by leaps and bounds. With the demand for durability shoring up in leather industry, infusion of funds for the development of high-strength thread is likely to gain an uptick.
Polyester thread manufacturers are exploring the trends for fire retardant, water resistance, bonding technology, sustainability and lightness. Leather industry is witnessing a paradigm shift amidst relentless investments in R&D activities to streamline optimization process and production processes.
Growth opportunities in North America and APAC
North America is likely to come up as a viable investment hub following the market penetration of spun polyester, trilobal polyester and texturized polyester in the US and Canada. So much so that demand for polyester thread in clothing, leather & shoes and tents has risen considerably in the past several years, growth trajectory is likely to continue for the next five years.
With the demand for polyester thread in for packaging products soaring, APAC high strength polyester market share is touted to gain ground in the ensuing period. Thriving textile industry in the region has boded well for stakeholders vying to tap opportunities in the region.
Potential challenges
While polyester thread has good chemical resistance, good flexibility, lethal environmental impact has come to the fore and the consumers’ perception on polyester has changed dramatically. Synthetic fibers such as polyester do not breathe, thereby further posing challenges for leading companies in the landscape.
Revenue generating opportunities are likely to be galore in the industry as manufacturers will continue to use polyester thread in clothing, packaging products, leather & shoes and homewares. Not to mention the growing penetration of spun polyester across the end-markets projects robust growth in high-strength polyester thread market revenue.
High-Strength Polyester Thread market size, industry analysis report, regional outlook, application development potential, price trends, competitive market share & forecast, 2020 – 2026 in detail on the link: https://www.gminsights.com/request-sample/detail/4357
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Contact Info:
Arun Hegde
Corporate Sales, USA
Global Market Insights Inc.
Phone: 1-302-846-7766
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