The
fibers, yarn, and thread mills market primarily engages
in the manufacturing and marketing of spinning yarn from fibers; manufacturing
of threads for sewing, crocheting, embroidery, and other applications. The
fiber, yarn, and thread mills market includes
Fiber Mills, Yarn Mills and Thread Mills. Some of the key products include
animal fiber yarn, spooling, twisting and winding purchased yarn, beaming yarn carpet
and rug yarn, spinning cotton spun yarn, crochet spun yarns, purchased fiber embroidery
spun yarns and purchased fibers Hemp bags and ropes.
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More: https://www.thebusinessresearchcompany.com/report/yarn-fiber-and-thread-manufacturing-global-market-report-2018
The
global yarn, fiber and thread manufacturing sector is valued at $318 billion in
2017 due to the demand of upcoming
artificial fibers, such as synthetic fibers have the stronger tensile strength and fulfill
the same purpose as natural fibers. Asia
Pacific was the largest region in the yarn, fiber, and thread manufacturing market in 2017, with nearly three-fourths of market share
The
yarn, fiber, and thread manufacturing market
in The Business Research Company’s report are
divided into two segments. The regular
segment takes almost four-fifths of
market share and the special segment takes the remaining share.
China
was the largest country in the yarn, fiber, and
thread manufacturing market in 2017, accounting for more than two-fifths of the market share. This is due to high presence of fabrics, apparel
manufacturing and home furnishings manufacturing companies. China was followed
by India and the USA.
The
top four competitors in the yarn, fiber, and
thread manufacturing market are Toray Industries Inc., Indorama Corporation
Pte. Ltd., Weiqiao Textile Company, and Far Eastern New Century. Toray was the
biggest player in the market in 2017. The company is an integrated chemical
industry company. It engages in processing, manufacturing, and sale of various composite materials,
resins, plastics, ceramics, films, medical products and electronics, and
specializes in industrial products and technologies in polymer
chemistry, organic synthetic chemistry and bio chemistry.
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