Polyester Yarn Market Is Anticipated To Register Around 5.9% CAGR during the forecast period (2020-2025)
The global polyester yarn market is expected to grow at a CAGR of 5.9% during the forecast period (2020-2025). The major factors driving the growth of the market are the increasing demand for apparel and home furnishings, and the growing automotive industry. However, the volatile raw material prices are anticipated to restraint the market growth. Polyester is a synthetic fiber made from petroleum-based products. It is strong, durable, and resistant to shrinking, stretching, and wrinkling. Polyester is often used in blends with other fibers such as cotton or wool to create fabrics with desired properties. Polyester yarn is used in…
- Date: November 17, 2022
- Author: Quintero
- Category: PharmiWeb