PUBLISHER: TechSci Research | PRODUCT CODE: 1095270
PUBLISHER: TechSci Research | PRODUCT CODE: 1095270
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India high tenacity low elongation (HTLE) polyester yarn market was valued at USD199.06 million in 2021 and is expected to grow with a CAGR of 10.6% during the forecast period to achieve the market value of USD379.65 million by 2027F. Surge in the demand for the high-performance polyamide yarns with higher elasticity is actively driving the growth of the India high tenacity low elongation (HTLE) polyester yarn market in the upcoming five years. Major factors driving the growth of the market includes rapidly growing population of the country, growing demand from various end use sectors, along with the added advantages of the high tenacity low elongation (HTLE) polyester yarn. Recent enforcement of Made in India schemes further facilitates the growth of the market. Moreover, expansion of the chemical industry influences the growing sales and productions of the high tenacity low elongation (HTLE) polyester yarn thereby supporting the growth of the India high tenacity low elongation (HTLE) polyester yarn market in the next five years. Government of India is actively involved in the expansion of the chemical industry and to promote the advanced chemical products, thus aiding the growth of the India high tenacity low elongation (HTLE) polyester yarn market in the future five years.
India High Tenacity Low Elongation (HTLE) Polyester Yarn Market is segmented By Denier (1000 D, 2000 D, Up to 750 D, 3000 D, 4000 D, 3300 D, 4400 D, Others), By End User (Geotextiles, Seat Belt, Cord Strappings, Billboard sheets, Hoardings, File Hose, and Others), By Region, Competition, Forecast & Opportunities, 2017-2027F
The India high tenacity low elongation (HTLE) polyester yarn market segmentation is based on denier, end user, company, and regional distribution. On the basis of denier, the market is segmented into 1000 D, 2000 D, Up to 750D, 3000 D, 4000 D, 3300 D, 4400 D and others (5000 D, 6000 D, etc.). Based on end user, the market is fragmented into geotextiles, seat belt, cord strappings, billboard sheets, hoardings, fire hose, and others (parachutes, ropes, shoe lines, etc.). Geotextiles end user is anticipated to hold the largest revenue shares of the market and dominate the end user market segment in the upcoming five years on the grounds of expanding construction industry. Surge in the demand and thus growing construction of the roads, highways, etc. facilitate the growth of the India high tenacity low elongation (HTLE) polyester yearn market in the next five years. The material is actively utilized to improve the soil structure that is required for construction of roads to fill the gaps in between. On the basis of regional analysis the market is segmented into West India, South India, North India, and East India.
Reliance Industries Limited, AYM Syntex Limited, Sanathan Textiles Limited, Indorama Ventures Limited and Huvis Corporation are among the major market players in the India High Tenacity Low Elongation Polyester Yarn Market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of India high tenacity low elongation (HTLE) polyester yarn market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, India High Tenacity Low Elongation Polyester Yarn Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in India High Tenacity Low Elongation Polyester Yarn Market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Note: The data given for any year represents the market during the period, i.e., 1st April of the previous year to 31st March of that year. eg: For 2022E, the data represents the period, 1st April 2021 to 31st March 2022. Please note that all the macroeconomic indicators in the economic profiles are for Calendar year.