The global polyester POY (Partially Oriented Yarn) market size was USD 16.57 Billion in 2021 and is expected to register a revenue CAGR of 7.6% during the forecast period. It is the fundamental form of polyester yarn and it is made directly from Purified Terephthalic Acid (PTA) and Monoethylene Glycol (MEG) or by spinning polyester chips. POY is mainly used in texturizing and make polyester Drawn Textured Yarn (DTY). It can also be used in draw-warping in weaving process and warp knitting of fabrics. The polyester yarns possess good elasticity, shape retention, wrinkle resistance, exceptional wash wear performance, washability, and longevity, which make them ideal for application in apparel fabrics. Moreover, POY yarn is available in different lusters such as semi-dull POY and bright POY, The bright partially oriented yarns will shine and the fabric made from them also has bright luster owing to the cross-sections present in the filaments.
Rising demand from Polyester Fiber Reinforced Concrete (PFRC) for use as cement concrete in construction industry is likely to drive product demand. Polyester partially oriented yarns have resistance to alkali attacks, and can be used as coatings in pavement quality concrete. The application of fibers may result in cement saving of nearly 10.0%, and with fly ash, the cement saving may be increased to about 35.0%.
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Top Players in the Global Polyester POY (Partially Oriented Yarn) Market:
Tongkun Group Co. Ltd., Shenghong Group., Xin Feng Ming Group, Reliance Industries Ltd., William Barnet Son, LLC, Hengli Group, Indorama Ventures Public Company Limited, Polyfibre Industries, Toray Industries Inc., and GreenFiber International SA, and Filatex India Limited.
Based on raw material, market can be classified into polyethylene terephthalate, poly-1, 4-Cyclohexylene Dimethylene Terephthalate (PCDT), and others. PCDT) segment accounted for largest revenue share in the global market in 2021 and is expected to grow significantly during the forecast period. This can be attributed to growing demand for durability, elasticity, and plasticity in consumer products. Moreover, rising consumer preference toward fashionable and weather-resistant apparels is expected to accelerate market revenue growth in this segment.
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Market segmentation based on Raw Material Outlook:
- Polyethylene Terephthalate
- Poly-1, 4-Cyclohexylene Dimethylene Terephthalate (PCDT)
- Others
Application Outlook:
- Tire Cords
- Mechanical Rubber Goods
- Non-Woven Fabrics
- Apparels
- Others
Distribution Channel Outlook:
- Online
- Offline
Regional Outlook:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
The global Polyester POY (Partially Oriented Yarn) market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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