High-strength polyester thread market trends are propelled by rising product demand across the thriving textile and leather industries. This can be reasoned to its robust properties like resistance to sunlight, bleaching, mildew, alkalis, and acids. The product is generally used as a sewing thread.
Growing urbanization and the need for trending apparel by consumers across diverse economies would impel the need for high-strength polyester threads. These threads enhance effects in seams of different garments due to their dye uptake resistance.
However, the harmful effects of polyester on environment are likely to pose threat to the overall growth of high-strength polyester thread market in the ensuing years. The high energy required for polyester production makes it a high-impact process. Besides, post washing of polyester textiles, the fibers are shed into water untreated, polluting the water bodies.
Nevertheless, increasing usage of polyester fibers, in place of cotton, would offer profitable gains to the industry expansion. According to an estimate, polyester made up 52% of fibers manufactured globally during 2020.
Based on the product, the 150 D3 polyester thread segment is slated to account for remunerative growth throughout 2022 to 2028. This sewing thread is made of high polyester continuous filament which is lubricated with superior quality silicone wax. 150 D3 polyester thread boasts high tenacity, abrasion resistance, and exceptional sewability and is applicable for handbags, shoes, curtains, outerwear, and industrial products, amongst others.
In terms of the thread type, spun polyester thread segment would grow considerably in the coming years, owing to the product’s high elasticity, economical production, and cost effectiveness. These 100% spun polyester threads have innumerable advantages like good elasticity, high friction, suitable shrinkage, and superior chemical stability. Spun polyester threads are considered to be extremely suitable for high speed sewing machines.
High-strength polyester threads are expected to be used in the textile and leather industries for packaging of different goods. These threads support knotless packaging while the thread strength makes it ideal for use in diverse applications in the former industry including collar stitching, heavy duty stitching, and more. Additionally, industrial threads for leather goods, show stitching, purses, belts, and others are being massively used in the stitching industry. This would mean that growing sales of leather and textile products across various economies would support the market expansion throughout the analysis time frame.
Geographically, Asia Pacific high strength polyester thread market would account for substantial profit in the coming years. This can be ascribed to the thriving textile and apparel industry in leading Asian economies including India, China, Japan, and South Korea. As per Invest India report, the domestic textile and apparel industry in the country contributes 5% to India’s GDP. Besides, increasing government initiatives promoting the sewing and textile industries across various underdeveloped nations would as well foster the market demand in the region.
Eminent leaders operating in the global high-strength polyester thread market are Threads India, Coats Group., FUJIX, American and Efird (International Textile Group, Ruddick Corporation), Hengxin, and AMANN. These players are been going nine yards for producing novel innovations in the space, enabling them to stand a level apart in the competitive landscape.
During COVID-19, various businesses and industries came to standstill. The textile and apparel industry was one of the severely hit sectors. This can be reasoned to disruptions in raw material supply chain, decline in purchases from retail stores, and stringent movement restrictions. This led to abrupt closure of various companies operating in the high-strength polyester thread market, whilst negatively influencing the market statistics during 2020.