Spun Yarn Market Is Expected To Reach $101.3 Billion By 2028- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest market report analyzed that spun yarn provides attractive opportunities in the clothing and industrial application. The spun yarn market is expected to reach $101.3 billion by 2028 with a CAGR of 2.4%. In this market, clothing is the largest segment by application, whereas cotton spun yarn is largest by yarn type. Recyclability of various yarns, such as cotton and viscose and rising demand for new spinning system and technologies for spun yarn provides strategic growth path in this market.
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Based on application, the spun yarn market is segmented into clothing, and industrial. The clothing segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to changes in fashion trends and growing consumer preferences for soft and comfortable clothing. Industrial segment is expected to witness highest growth over the forecast period due to increasing demand in the automotive upholstery like air bags and seat belts owing to its good abrasion ...
... resistance, high uv resistance, and high stiffness properties.
Browse in-depth TOC on “Spun Yarn Market”
27 – Tables
28 – Figures
71 – Pages
The Spun Yarn Market is marked by the presence of several big and small players. Some of the prominent players offering spun yarn include Indorama Ventures, Far Eastern New Century, Parkdale Mills, Shuford Yarns, Hyosung Advanced Material, Bitratex, Thai Polyester Co. Ltd., Aarti International, and Hubei Yuanying Industry & Trade Co., Ltd..
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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