India High Tenacity Low Elongation Polyester Yarn Market was valued at USD199.06 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 10.60% due to its increasing use in the automotive industry. Over the next few years, the rising usage of high tenacity low elongation polyester yarn in the automotive sector is likely to enhance the market growth. In the automobile business, high tenacity low elongation polyester yarn is used to make airbags, seatbelts, and mechanical rubber goods, among other things.
Rising Urbanization
The need for high tenacity low elongation polyester yarn in the country is being driven by rising investments combined with an increase in the number of infrastructure projects, due to rising urbanization, particularly government infrastructure projects. In addition, the market for high tenacity low elongation polyester yarn in India is being driven by rising public awareness and increased government support. The growing urbanization in India, along with rising disposable income, is expected to increase the demand for products made from high tenacity low elongation polyester yarn in India such as carpets, rugs, etc.
Stringent Government Regulations
The disposal of solid waste and wastewater is increasing at a rapid rate. Geotextile which is the end-use of HTLE polyester yarn is used in filtering solid waste in waste waters Because waste waters have a direct impact on public health and the environment, numerous countries including India have enacted stringent guidelines to limit solid pollutants in wastewater. As a result, the growing demand for geotextiles is driving the market for high tenacity low elongation polyester yarn in the country.
The construction industry is booming
The rapidly growing construction sector in India is predicted to boost demand for high-tenacity low-elongation polyester yarn in the building and construction industry. Roads in India are expanding day by day with increasing urbanization, and more roads are being built, requiring regular maintenance. As a result, the market for high tenacity low elongation polyester yarn in the country is being driven by the increased need for geotextiles.
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Market Segmentation
India High Tenacity Low Elongation Polyester Yarn Marketis segmented based on Denier (1000D, 2000D, Upto750D, 3000D, 4000D, 3300D, 4400D, and Others), By End User (Geotextiles, Seat Belt, Cord Strappings, Billboard Sheets, Hoarding, Fire Hose, Others), By Region (West, South, North, East), By Company and others. Geotextiles dominated the market in 2021 with an overall share of 29.86% due to the growing consumption of bio-based geotextiles and the Increasing use of geotextiles in marine and coastal structures. Because of the broad use and acceptance of HTLE polyester yarn, the West led the market with a share of 46.95%.
Company Profiles
Reliance Industries Limited, AYM Syntex Limited, Sanathan Textiles Limited, Indorama Ventures Limited, and Huvis Corporation are among the major market players in the India High Tenacity Low Elongation Polyester Yarn Market.
| Attribute | Details |
| The market size value in 2021 | USD199.06 million |
| Revenue Forecast in 2027 | USD379.65 million |
| Growth Rate | 10.60% |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Thousand Tonnes, and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | · Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · By Denier· By End User· By Region |
| Key Companies Profiled | Reliance Industries Limited, AYM Syntex Limited, Sanathan Textile Limited, Indorama Ventures Limited and Huvis Corporation. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
Report Scope:
In this report, India High Tenacity Low Elongation Polyester Yarn Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- India High Tenacity Low Elongation Polyester Yarn Market, By Denier:
o 1000D
o 2000D
o Upto 750D
o 3000D
o 4000D
o 3300D
o 4400D
o Others
- India High Tenacity Low Elongation Polyester Yarn Market, By End user:
- Geotextiles
- Seat Belt
- Cord Strappings
- Billboard Sheets
- Hoarding
- Fire Hose
- Others
- India High Tenacity Low Elongation Polyester Yarn Market, By Region:
- West
- South
- North
- East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India High Tenacity Low Elongation Polyester Yarn Market.
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Table of Content
- Product Overview
- Research Methodology
- Executive Summary
- India HTLE (High Tenacity Low Elongation) Polyester Yarn Market Outlook, 2017-2027F
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Denier (1000D, 2000D, Up to 750D, 3000D, 4000D, 3300D, 4400D, Others {5000D, 6000D, etc.})
4.2.2. By End User (Geotextiles, Seat Belt, Cord Strappings, Billboard Sheets, Hoarding, Fire Hose, Others {Parachutes, Ropes, Shoe Lines, etc.})
4.2.3. By Region (West, South, North, East)
4.2.4. By Company (2021)
4.3. Market Map (By Denier, By End Use and By Region)
- West India HTLE (High Tenacity Low Elongation) Polyester Yarn Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Denier
5.2.2. By End User
- South India HTLE (High Tenacity Low Elongation) Polyester Yarn Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Denier
6.2.2. By End User
- North India HTLE (High Tenacity Low Elongation) Polyester Yarn Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Denier
7.2.2. By End User
- East India HTLE (High Tenacity Low Elongation) Polyester Yarn Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Denier
8.2.2. By End User
- Market Dynamics
9.1. Drivers
9.2. Challenges
- Market Trends and Developments
- Value Chain Analysis
- Pricing Analysis
12.1.By Denier and Filament
- Impact of COVID-19 on India HTLE (High Tenacity Low Elongation) Polyester Yarn Market
- India HTLE (High Tenacity Low Elongation) Polyester Yarn Import-Export Outlook
14.1.Country Wise Import (In Value and Volume – 2017-2022)
14.2.Country Wise Export (In Value and Volume – 2017-2022)
- Competitive Landscape
15.1.Reliance Industries Limited
15.2.AYM Syntex Limited
15.3.Sanathan Textiles Limited
15.4.Indorama Ventures Limited
15.5.Huvis Corporation
- Strategic Recommendations
- About Us & Disclaimer