Market Forecast By Material Type (Nylon, Polyester, Polypropylene, Others), By Application (Carpets, Rugs, Others), By End-use (Residential, Commercial) And Competitive Landscape
Product Code: ETC237203 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | South Korea Bulk Continuous Filament Yarn Market |
Forecast period | 2025-2031 |
CAGR | 5.8% |
Growing Sector | Residential |
South Korea Bulk Continuous Filament Yarn Market report thoroughly covers the market By Material Type, By Application, and By End-Use. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
South Korea Bulk Continuous Filament Yarn Market is expanding due to rising industrial growth and increased demand for specific materials like nylon, polyester, and polypropylene in various applications. With diverse uses in carpets, rugs, and others, these yarns are gaining popularity. Additionally, the surge in the construction sector and supportive government policies are fueling this growth.
According to 6Wresearch, South Korea Bulk Continuous Filament Yarn Market size is expected to grow at a considerable CAGR Of 5.8% during the forecast period 2025-2031. The rising industrial rate and greater demand for such yarns in various sectors drive the South Korea Bulk Continuous Filament Yarn market. Specifically, carpets and rugs are witnessing significant growth, indicating high potential for providers in this sector. Other applications like clothing, upholstery, and packaging are also contributing to the market's expansion. The increasing demand for nonwoven fabrics in various industrial applications such as automotive interiors, home textiles, and geotextiles. The remarkable durability and aesthetic appeal of BCF yarn are also fueling its popularity in the domestic market.
Furthermore, advancements in yarn manufacturing technologies have enhanced product quality and production efficiency, making BCF yarn more cost-effective and attractive to manufacturers. Additionally, environmental awareness is encouraging a shift towards more sustainable materials, and BCF yarn, being recyclable, fits well into this trend. Furthermore, the robust development of South Korea’s infrastructure sector creates additional demand for durable and resilient materials, further propelling South Korea Bulk Continuous Filament Yarn Market growth.Despite the growth opportunities, a few challenges may impede the growth of the South Korea Bulk Continuous Filament Yarn market. One major challenge is the growing environmental concerns and decreasing availability of raw materials. Another challenge is the high cost of production and logistics. Additionally, issues regarding trade regulations can also pose challenges for businesses operating in this market.
South Korea Bulk Continuous Filament Yarn market is highly competitive, with key players dominating the market share. Some of the major players operating in this market include Hyosung Corporation, Kolon Industries Inc., Samyang Chemical Corp., Toray Industries Inc., and Daeheung Synthetic Fiber Co. Ltd. These industry leaders are known for their advanced manufacturing technologies and diverse product offerings.
The South Korea Bulk Continuous Filament Yarn industry is witnessing significant growth, driven by active government initiatives aimed at promoting industrial growth and modern construction techniques. The government's commitment to fostering industrial development boosts the demand for high-quality yarn products. Moreover, the government is also promoting research and development activities to enhance product quality and sustainability.
The South Korea Bulk Continuous Filament Yarn industry is poised for significant growth in the coming years. Key drivers include the rising industrial growth rate and the increasing demand for diverse yarn materials. Innovations in manufacturing technology are transforming the industry. These technologies improve the quality and efficiency of production, lower production costs, and reduce waste, which addresses environmental concerns associated with traditional manufacturing methods.
According to Ravi Bhandari, Research Head, 6Wresearch, the Polyester segment is expected to witness significant growth in the market due to their versatility and durability of polyester yarns.
In the Market, the commercial sector is currently leading in terms of end-use. This dominance can be attributed to the extensive application of bulk continuous filament (BCF) yarn in commercial settings, such as offices, hotels, and other public spaces, where durability, aesthetics, and low maintenance are paramount. Commercial properties often demand high-performance flooring solutions, and BCF yarn, with its superior resilience and ease of cleaning, meets these requirements efficiently.
The report provides an in-depth examination of the following market segments:
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 South Korea Bulk Continuous Filament Yarn Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Bulk Continuous Filament Yarn Market - Industry Life Cycle |
3.4 South Korea Bulk Continuous Filament Yarn Market - Porter's Five Forces |
3.5 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 South Korea Bulk Continuous Filament Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for technical textiles in various industries such as automotive, healthcare, and sports. |
4.2.2 Growing preference for environmentally sustainable and recycled filament yarn. |
4.2.3 Rising investments in research and development for innovative filament yarn products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like polyester and nylon impacting production costs. |
4.3.2 Intense competition from other synthetic and natural fiber alternatives. |
4.3.3 Regulatory challenges related to environmental standards and certifications. |
5 South Korea Bulk Continuous Filament Yarn Market Trends |
6 South Korea Bulk Continuous Filament Yarn Market, By Types |
6.1 South Korea Bulk Continuous Filament Yarn Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, By Material Type, 2021 - 2031F |
6.1.3 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, By Nylon, 2021 - 2031F |
6.1.4 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.1.5 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, By Polypropylene, 2021 - 2031F |
6.1.6 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 South Korea Bulk Continuous Filament Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, By Carpets, 2021 - 2031F |
6.2.3 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, By Rugs, 2021 - 2031F |
6.2.4 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 South Korea Bulk Continuous Filament Yarn Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 South Korea Bulk Continuous Filament Yarn Market Revenues & Volume, By Commercial, 2021 - 2031F |
7 South Korea Bulk Continuous Filament Yarn Market Import-Export Trade Statistics |
7.1 South Korea Bulk Continuous Filament Yarn Market Export to Major Countries |
7.2 South Korea Bulk Continuous Filament Yarn Market Imports from Major Countries |
8 South Korea Bulk Continuous Filament Yarn Market Key Performance Indicators |
8.1 Percentage of revenue generated from sustainable filament yarn products. |
8.2 Research and development expenditure as a percentage of total revenue. |
8.3 Customer satisfaction index based on product quality and service levels. |
9 South Korea Bulk Continuous Filament Yarn Market - Opportunity Assessment |
9.1 South Korea Bulk Continuous Filament Yarn Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 South Korea Bulk Continuous Filament Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 South Korea Bulk Continuous Filament Yarn Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 South Korea Bulk Continuous Filament Yarn Market - Competitive Landscape |
10.1 South Korea Bulk Continuous Filament Yarn Market Revenue Share, By Companies, 2024 |
10.2 South Korea Bulk Continuous Filament Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |