The High-strength Polyester Thread Market is to Touch $404.22 million by 2030; Growing Demand in the Automotive Industry and Rising Demand for Packaging Materials propels market growth.

The High-strength Polyester Thread Market size is estimated to reach $404.22 million by 2030, growing at a CAGR of 3.1% during the forecast period 2023-2030, according to a recent report published by IndustryARC, titled, “High-strength Polyester Thread Market – By Thread Type (Spun Polyester, Multifilament Polyester, Trilobal Polyester, Texturized Polyester, Poly-Wrapped Poly Core), By Product (70D, 100D, 150D, 210D, 250D), By Application (Packaging Products, Clothing, Leather & Shoes, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030” Growing Demand in the Automotive Industry and Rising Demand for Packaging Materials are fueling the growth of the High-strength Polyester Thread industry during the forecast period.

In 2023, the Asia-Pacific region held the largest market share. India, for instance, is expected to become the sixth-largest clothing market globally, propelled by a rapidly expanding middle class and a shift towards modern, tech-savvy consumers. This demographic change is creating a robust demand for apparel, with consumers increasingly seeking diverse, high-quality, and technologically advanced clothing options. The region's high population and increasing urbanization contribute to the surge in domestic consumption, benefiting the textile and clothing sectors. Moreover, innovations in technology, such as e-commerce platforms, digital marketing, and automation in manufacturing, are driving efficiency and expanding market reach. As disposable incomes rise, the demand for premium, fashionable, and eco-friendly apparel is intensifying, providing opportunities for manufacturers. Additionally, governments in key APAC markets are investing in infrastructure and implementing pro-business policies, further accelerating growth. These factors are propelling the region’s clothing industry, directly influencing the growth of the high-strength polyester thread market, which is essential for meeting the demand for durable, high-performance fabrics in the apparel industry.

The increasing demand for products from the textile and leather industries is expected to be a key driver of global demand. Knotless packaging and enhanced thread strength make these threads highly suitable for a wide range of textile applications, including heavy-duty stitching, collar stitching, and more. Items made with such threads are available in various colors and packaging options. Additionally, industrial threads are widely used in the stitching of shoes, leather goods, belts, purses, and upholstery. These threads are also essential in the production of sports goods, including bag closures and stitching.

One of the major opportunities for the high-strength polyester thread market lies in the growing demand within the automotive industry. High-strength polyester threads are used extensively in manufacturing car interiors, seat belts, airbags, and other components due to their durability, flexibility, and resistance to wear and tear. As the automotive industry continues to evolve, particularly with the rise of electric vehicles (EVs), there is an increasing need for lightweight and robust materials that improve both safety and performance. These polyester threads offer high tensile strength, which makes them ideal for applications where high strength and resistance to high-stress environments are required. The ongoing trend towards enhanced vehicle safety standards will drive demand for high-strength polyester threads in automotive manufacturing, making it a key growth area.

• In June 2023, Coats Group introduced its new line of sustainable sewing threads, Epic EcoVerde AWF, designed to set a new standard in eco-friendly practices. This innovative product completely eliminates perfluorinated compounds (PFCs) while preserving outstanding anti-wick properties.

Key companies profiled in the High-strength Polyester Thread Market are Coats Group, Platinum Equity (American & Efird LLC), Amann & Sohne, Lohia Group (Threads India), FUJIX, Hengxin, Shishi Flying Wheel Thread, Zhejiang Dongyi, HongRen Thread, Saiwei and others.