High-strength Polyester Thread Market - Industry Analysis, Market - Forecast(2024 - 2030)
High-strength Polyester Thread Market Overview
High-strength Polyester Thread market size is forecast to reach $404.22 million by 2030, after growing at a CAGR of 3.1% during 2024-2030. The growing usage of high-strength polyester thread due its properties such as resistance to sunlight, mildew, bleaching, acids, and alkalis by end use industry such as marine, outdoor upholstery, tarpaulins, pool covers, flags & banners, clothing, and leatherwork, leads to increase the demand of high-strength polyester thread market. The high-strength polyester thread market is looking up with expectations of significant growth in the near future. Industries like automotive, aerospace, and textiles are driving this expansion, demanding threads known for their durability and quality. Moreover, the market is benefitting from the rising favor for synthetic fibers over conventional cotton threads, thanks to their superior strength and improved performance.
Additionally, the fast growth of the textile sector, particularly in developing nations, is projected to drive the need for durable polyester thread. The escalating adoption of polyester threads across various items such as clothing, athletic wear, and technical fabrics further propels market expansion. Furthermore, the uptick in disposable income and evolving consumer tastes favoring superior, enduring goods also contributes positively to market dynamics.
COVID-19 Impact
Like other markets, the high-strength polyester market experienced disruptions due to lockdowns, supply chain disruptions, and reduced consumer demand. Many textile manufacturers halted production or operated at reduced capacity, leading to a slowdown in demand for high-strength polyester thread.
However, as the pandemic continued, there was an increased demand for certain products, such as personal protective equipment (PPE), medical textiles, and home furnishings. High-strength polyester thread is commonly used in the manufacturing of these items due to its durability and strength. This surge in demand for certain applications partially offset the overall decline in demand caused by the pandemic.
Report Coverage
The report: “High-strength Polyester Thread Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the High-strength Polyester Thread Industry.
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: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East, and Africa).
Key Takeaways
- High-strength polyester threads are actively used in stitching industry for collar stitching, shoe stitching, and leather goods such as purses, bags & upholstery stitching, and sewing.
- The potential impacts of polyester on the environment may restrain the market expansion to some extent during the projected timeframe.
- Sustainability and eco-friendly manufacturing practices are gaining importance in the market, driving the demand for eco-friendly polyester threads.
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High-strength Polyester Thread Market Analysis – By Thread Type
On the basis of thread type, the market is segment into spun polyester, multifilament polyester, trilobal polyester, texturized polyester, and poly-wrapped poly core. Spun polyester thread is also known as ‘PP spun’. It is manufactured through spinning of 100% polyester fibers in yarns and later plying of these yarns in a sewing thread. These threads are generally made in two or three plies. Spun polyester is quite economical in manufacturing and in general, has a low cost. The product is highly used in garments as a result of being cost effective in nature and possessing significant performance in sewing in several environments such as in high speed as well as in critical sewing operations.
High-strength Polyester Thread Market Analysis – By Applications Type
On the basis of application, the market is segmented into packaging products, clothing, leather and shoes, and others. Global market for high strength polyester is majorly driven by rising demand from leather & shoes industry. The industry accounts for around 40% of overall consumption of polyester threads globally. Also, packaging and clothing are significant product applications and hence the market growth shall be highly influenced by growth in these industries. In clothing industry, the product is used in embroidery, sewing and quilting. The retail network and supply chain for clothing industry has been spreading worldwide.
High-strength Polyester Thread Market Analysis – By Geography
Asia pacific and North America are key growth markets attributed to substantially growing end user industries in these regions. For instance, India’s clothing market is expected to be the sixth largest market globally. Higher incomes can create a new consumer class for apparel manufacturers in the region. The clothing industry growth is driven by rising tech-savviness in consumers. On the other hand, in the U.S., the clothing sector imported around US$127 billion in 2023. The increasing growth of clothing sector in these regions is uplifting market growth of high-strength polyester thread market.
High-strength Polyester Thread Market Analysis Drivers
The rising demand of knotless packaging from textile and leather industry
The growing demand for goods from the textile and leather industries would be major factors driving demand for products worldwide. The knotless packaging and thread strength make it ideal for use in various applications in textile industry including heavy duty stitching, collar stitching and much more. The items made using such threads are available in various colors as well as packaging choices. In addition, industrial threads for shoe stitching, leather goods, belts, purses, and upholstery stitching are often used in stitching industry. The product is used to make various sport goods including bag closure & stitching.
High-strength Polyester Thread Market Analysis Challenges
The negative impact caused by polyester on environment
The main hindrance in the growth of the demand for high-strength polyester threads is likely to be faced by negative environmental impacts caused by polyester. The manufacture of polyester contains toxic chemicals such as carcinogens which can cause major damage to the environment when disposed of in water sources and air without any pre-treatment. This also needs nearly double the energy needed by other traditional manufacturing goods. However, one of the big issues of using this synthetic fabric is that it can be sticky and sweaty which can be uncomfortable.
High-strength Polyester Thread Industry Outlook
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the High-strength Polyester Thread market. High-strength Polyester Thread Market top 10 companies 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
Recent Development
- In June 2023, Coats Group unveiled its line of advanced sewing threads, Epic EcoVerde AWF, aiming to set a new benchmark in sustainability by completely eliminating perfluorinated compounds (PFCs) while maintaining exceptional anti-wick properties.
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LIST OF TABLES
1.Global Global High-Strength Polyester Thread Market, By Product Market 2023-2030 ($M)
1.1 70D Market 2023-2030 ($M) - Global Industry Research
1.2 100D Market 2023-2030 ($M) - Global Industry Research
1.3 150D Market 2023-2030 ($M) - Global Industry Research
1.4 210D Market 2023-2030 ($M) - Global Industry Research
1.5 250D Market 2023-2030 ($M) - Global Industry Research
2.Global Global High-Strength Polyester Thread Market, By Type Market 2023-2030 ($M)
2.1 Spun Polyester Market 2023-2030 ($M) - Global Industry Research
2.2 Multi-Filament Market 2023-2030 ($M) - Global Industry Research
2.3 Triobal Market 2023-2030 ($M) - Global Industry Research
2.4 Texturized Market 2023-2030 ($M) - Global Industry Research
2.5 Poly-Wrapped Poly-Core Market 2023-2030 ($M) - Global Industry Research
3.Global Global High-Strength Polyester Thread Market, By Product Market 2023-2030 (Volume/Units)
3.1 70D Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 100D Market 2023-2030 (Volume/Units) - Global Industry Research
3.3 150D Market 2023-2030 (Volume/Units) - Global Industry Research
3.4 210D Market 2023-2030 (Volume/Units) - Global Industry Research
3.5 250D Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Global High-Strength Polyester Thread Market, By Type Market 2023-2030 (Volume/Units)
4.1 Spun Polyester Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Multi-Filament Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Triobal Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Texturized Market 2023-2030 (Volume/Units) - Global Industry Research
4.5 Poly-Wrapped Poly-Core Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Global High-Strength Polyester Thread Market, By Product Market 2023-2030 ($M)
5.1 70D Market 2023-2030 ($M) - Regional Industry Research
5.2 100D Market 2023-2030 ($M) - Regional Industry Research
5.3 150D Market 2023-2030 ($M) - Regional Industry Research
5.4 210D Market 2023-2030 ($M) - Regional Industry Research
5.5 250D Market 2023-2030 ($M) - Regional Industry Research
6.North America Global High-Strength Polyester Thread Market, By Type Market 2023-2030 ($M)
6.1 Spun Polyester Market 2023-2030 ($M) - Regional Industry Research
6.2 Multi-Filament Market 2023-2030 ($M) - Regional Industry Research
6.3 Triobal Market 2023-2030 ($M) - Regional Industry Research
6.4 Texturized Market 2023-2030 ($M) - Regional Industry Research
6.5 Poly-Wrapped Poly-Core Market 2023-2030 ($M) - Regional Industry Research
7.South America Global High-Strength Polyester Thread Market, By Product Market 2023-2030 ($M)
7.1 70D Market 2023-2030 ($M) - Regional Industry Research
7.2 100D Market 2023-2030 ($M) - Regional Industry Research
7.3 150D Market 2023-2030 ($M) - Regional Industry Research
7.4 210D Market 2023-2030 ($M) - Regional Industry Research
7.5 250D Market 2023-2030 ($M) - Regional Industry Research
8.South America Global High-Strength Polyester Thread Market, By Type Market 2023-2030 ($M)
8.1 Spun Polyester Market 2023-2030 ($M) - Regional Industry Research
8.2 Multi-Filament Market 2023-2030 ($M) - Regional Industry Research
8.3 Triobal Market 2023-2030 ($M) - Regional Industry Research
8.4 Texturized Market 2023-2030 ($M) - Regional Industry Research
8.5 Poly-Wrapped Poly-Core Market 2023-2030 ($M) - Regional Industry Research
9.Europe Global High-Strength Polyester Thread Market, By Product Market 2023-2030 ($M)
9.1 70D Market 2023-2030 ($M) - Regional Industry Research
9.2 100D Market 2023-2030 ($M) - Regional Industry Research
9.3 150D Market 2023-2030 ($M) - Regional Industry Research
9.4 210D Market 2023-2030 ($M) - Regional Industry Research
9.5 250D Market 2023-2030 ($M) - Regional Industry Research
10.Europe Global High-Strength Polyester Thread Market, By Type Market 2023-2030 ($M)
10.1 Spun Polyester Market 2023-2030 ($M) - Regional Industry Research
10.2 Multi-Filament Market 2023-2030 ($M) - Regional Industry Research
10.3 Triobal Market 2023-2030 ($M) - Regional Industry Research
10.4 Texturized Market 2023-2030 ($M) - Regional Industry Research
10.5 Poly-Wrapped Poly-Core Market 2023-2030 ($M) - Regional Industry Research
11.APAC Global High-Strength Polyester Thread Market, By Product Market 2023-2030 ($M)
11.1 70D Market 2023-2030 ($M) - Regional Industry Research
11.2 100D Market 2023-2030 ($M) - Regional Industry Research
11.3 150D Market 2023-2030 ($M) - Regional Industry Research
11.4 210D Market 2023-2030 ($M) - Regional Industry Research
11.5 250D Market 2023-2030 ($M) - Regional Industry Research
12.APAC Global High-Strength Polyester Thread Market, By Type Market 2023-2030 ($M)
12.1 Spun Polyester Market 2023-2030 ($M) - Regional Industry Research
12.2 Multi-Filament Market 2023-2030 ($M) - Regional Industry Research
12.3 Triobal Market 2023-2030 ($M) - Regional Industry Research
12.4 Texturized Market 2023-2030 ($M) - Regional Industry Research
12.5 Poly-Wrapped Poly-Core Market 2023-2030 ($M) - Regional Industry Research
13.MENA Global High-Strength Polyester Thread Market, By Product Market 2023-2030 ($M)
13.1 70D Market 2023-2030 ($M) - Regional Industry Research
13.2 100D Market 2023-2030 ($M) - Regional Industry Research
13.3 150D Market 2023-2030 ($M) - Regional Industry Research
13.4 210D Market 2023-2030 ($M) - Regional Industry Research
13.5 250D Market 2023-2030 ($M) - Regional Industry Research
14.MENA Global High-Strength Polyester Thread Market, By Type Market 2023-2030 ($M)
14.1 Spun Polyester Market 2023-2030 ($M) - Regional Industry Research
14.2 Multi-Filament Market 2023-2030 ($M) - Regional Industry Research
14.3 Triobal Market 2023-2030 ($M) - Regional Industry Research
14.4 Texturized Market 2023-2030 ($M) - Regional Industry Research
14.5 Poly-Wrapped Poly-Core Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
2.Canada High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
3.Mexico High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
4.Brazil High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
5.Argentina High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
6.Peru High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
7.Colombia High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
8.Chile High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
9.Rest of South America High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
10.UK High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
11.Germany High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
12.France High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
13.Italy High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
14.Spain High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
15.Rest of Europe High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
16.China High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
17.India High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
18.Japan High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
19.South Korea High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
20.South Africa High-strength Polyester Thread Market Revenue, 2023-2030 ($M)
21.North America High-strength Polyester Thread By Application
22.South America High-strength Polyester Thread By Application
23.Europe High-strength Polyester Thread By Application
24.APAC High-strength Polyester Thread By Application
25.MENA High-strength Polyester Thread By Application
26.Coat Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.American Efird Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Amann Sohne, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Thread India, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Fujix, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Hengxin, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Shishi Flying Wheel Thread, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Shuangsique, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Xinglun, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Saiwei, Sales /Revenue, 2015-2018 ($Mn/$Bn)