Bulk Continuous Filament Market

COVID-19 Impact analysis

• The bulk continuous filament yarn market is expected to decline in 2020 due to global economic recession led by COVID-19. 

Top Impacting Factors

Emerging trends, which have a direct impact on the dynamics of the industry, including the use of bio-based bulk continuous filament yarn and evolution in technology to develop pollution-free BCF yarn. Polyester will remain the biggest polymer and it is also anticipated to witness the highest growth during the forecast period due to its low price, durability, and stain resistance properties. Within this market, carpet & rugs will remain the largest application and it is also expected to witness the highest growth over the forecast period due to an increase in household and commercial spending. North America will remain the largest region over the forecast period due to growth in residential construction. The Asia-Pacific is expected to attain the highest growth over the forecast period supported by ongoing urbanization in China, India and other Asian countries.

Market Trends

• Continuous filaments are steadily used as a multi-strand and termed a multifilament yarn.
• Continuous filament yarns do not need twist to transmit stress from one fiber to another.
• Nearly all high-performance fibers are manufactured by extrusion and drawing, taking place in continuous filaments and subsequently continuous filament yarns. 
• Continuous filament yarns produce materials with higher stiffness and strength. 
• They require the bulk, comfort and tangible hand of yarns spun from staple fibers. 
• In this market, nylon, polyester, and polypropylene are used for manufacturing of bulk continuous filament yarn for numerous uses. 
• Polyester will persist as the largest polymer and it is also anticipated the highest growth during the forecast period due to its low price, durability, and stain resistance properties.
• Bulk continuous filament yarn market is anticipated to boom with the opportunities in residential, non-residential construction, and transportation industries.
• The major drivers for this market are rise in residential construction, and increasing consumer interest towards home decoration.
• Transpiring trends, which have a direct impact on the dynamics of the industry, include application of bio based bulk continuous filament yarn and advancement in technology to develop pollution free BCF yarn.

Key Benefits of the Report

• This study presents the analytical depiction of the Bulk Continuous Filament industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Bulk Continuous Filament market share.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the Bulk Continuous Filament market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed Bulk Continuous Filament market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Bulk Continuous Filament Report

• Who are the leading market players active in the Bulk Continuous Filament market?
• What current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?