Product Code: ETC237204 | Publication Date: Jul 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India bulk continuous filament yarn market import shipment demonstrated robust growth with a high CAGR from 2020-2024. Notably, the growth rate spiked between 2023 and 2024, indicating accelerating momentum. The market significantly expanded over the period, showcasing a strong upward trend.
The India bulk continuous filament yarn market is a critical segment of the country`s synthetic fibers industry. Bulk continuous filament (BCF) yarns are used in various applications, including carpet manufacturing, upholstery, and technical textiles. The market`s growth is driven by factors such as the demand for durable and cost-effective yarns in the flooring and textiles industries. BCF yarns offer advantages such as high strength, uniformity, and color retention, making them suitable for various end-use applications. However, concerns over the environmental impact of synthetic fibers may influence market dynamics.
The India bulk continuous filament yarn market is driven by several factors. Firstly, the increasing demand for bulk continuous filament yarns in the textile and apparel industry for producing smooth, durable, and low-pill fabrics fuels market growth. Continuous filament yarns are favored for their ease of processing and high-quality performance in various applications. Secondly, the growth of the home textiles and furnishing industry further boosts the demand for bulk continuous filament yarns for making carpets, rugs, and upholstery fabrics. Moreover, the trend of incorporating filament yarns in technical textiles and industrial applications adds to the market`s expansion.
The India bulk continuous filament yarn market faces challenges concerning competition from other filament yarns and ensuring product quality and consistency. Meeting the demand for high-quality filament yarns and addressing price fluctuations are crucial challenges for the market`s sustainability.
The India bulk continuous filament yarn market faced challenges during the Covid-19 pandemic. With disruptions in manufacturing and reduced demand for textiles during lockdowns, the market witnessed a decline in demand for bulk continuous filament yarn. However, the market showed signs of recovery as economic activities resumed, and the demand for durable and high-performance yarns increased.
The India bulk continuous filament yarn market is catered to by key players, including Indorama Ventures Public Company Limited, Reliance Industries Limited (RIL), Polygenta Technologies Limited, and JBF Industries Limited. These companies are known for their production and supply of bulk continuous filament yarn used in textiles, industrial applications, and home furnishings. Their focus on sustainability, product quality, and cost-effectiveness has established them as key players in the bulk continuous filament yarn market in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Bulk Continuous Filament Yarn Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Bulk Continuous Filament Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 India Bulk Continuous Filament Yarn Market - Industry Life Cycle |
3.4 India Bulk Continuous Filament Yarn Market - Porter's Five Forces |
3.5 India Bulk Continuous Filament Yarn Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 India Bulk Continuous Filament Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Bulk Continuous Filament Yarn Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 India Bulk Continuous Filament Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for technical textiles in various industries such as automotive, healthcare, and construction. |
4.2.2 Increasing adoption of bulk continuous filament yarn for its durability, strength, and cost-effectiveness. |
4.2.3 Government initiatives to promote textile manufacturing and exports in India. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of bulk continuous filament yarn. |
4.3.2 Intense competition from other types of yarn such as staple and spun yarn. |
4.3.3 Environmental concerns related to the production processes of bulk continuous filament yarn. |
5 India Bulk Continuous Filament Yarn Market Trends |
6 India Bulk Continuous Filament Yarn Market, By Types |
6.1 India Bulk Continuous Filament Yarn Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 India Bulk Continuous Filament Yarn Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 India Bulk Continuous Filament Yarn Market Revenues & Volume, By Nylon, 2021-2031F |
6.1.4 India Bulk Continuous Filament Yarn Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.5 India Bulk Continuous Filament Yarn Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.6 India Bulk Continuous Filament Yarn Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Bulk Continuous Filament Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Bulk Continuous Filament Yarn Market Revenues & Volume, By Carpets, 2021-2031F |
6.2.3 India Bulk Continuous Filament Yarn Market Revenues & Volume, By Rugs, 2021-2031F |
6.2.4 India Bulk Continuous Filament Yarn Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Bulk Continuous Filament Yarn Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 India Bulk Continuous Filament Yarn Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 India Bulk Continuous Filament Yarn Market Revenues & Volume, By Commercial, 2021-2031F |
7 India Bulk Continuous Filament Yarn Market Import-Export Trade Statistics |
7.1 India Bulk Continuous Filament Yarn Market Export to Major Countries |
7.2 India Bulk Continuous Filament Yarn Market Imports from Major Countries |
8 India Bulk Continuous Filament Yarn Market Key Performance Indicators |
8.1 Percentage of technical textile manufacturers using bulk continuous filament yarn in their products. |
8.2 Adoption rate of bulk continuous filament yarn in emerging applications and industries. |
8.3 Number of research and development initiatives focused on improving the quality and properties of bulk continuous filament yarn. |
9 India Bulk Continuous Filament Yarn Market - Opportunity Assessment |
9.1 India Bulk Continuous Filament Yarn Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 India Bulk Continuous Filament Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Bulk Continuous Filament Yarn Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 India Bulk Continuous Filament Yarn Market - Competitive Landscape |
10.1 India Bulk Continuous Filament Yarn Market Revenue Share, By Companies, 2024 |
10.2 India Bulk Continuous Filament Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |