India High Modulus Low Shrinkage Polyester Yarn Market, By Denier (1000D 320F, 1300D 432F, 1500D 480F, 1000D 192F, 2000D 480F, 2200D 640F, Others {1000D 335F, 1000D 320F, 1017D 212F, etc.}), By End User (Tire Cords, Conveyors, V-Belts, Hoses, Others {Fish

India High Modulus Low Shrinkage Polyester Yarn Market, By Denier (1000D 320F, 1300D 432F, 1500D 480F, 1000D 192F, 2000D 480F, 2200D 640F, Others {1000D 335F, 1000D 320F, 1017D 212F, etc.}), By End User (Tire Cords, Conveyors, V-Belts, Hoses, Others {Fishing Nets, Airbags, Power Transmission Belts, etc.}), By Type (Regular Adhesive, High Tenacity, High Count Filaments, Super Low Shrinkage, Others {Regular Active Adhesive, Flame retardants, etc.}), By Region, Competition, Forecast & Opportunities, 2028

India high modulus low shrinkage polyester yarn market is expected to grow at a steady CAGR of around 10.07% in the forecast period, to reach USD107.60 million by 2028. The high growth is attributed to the factors such as booming automotive industry and increased adoption of radial tires across the country. Also, the favorable government policies supporting industrialization and set-up of manufacturing plants and availability of customized end products in the market are expected to propel the demand for the India high modulus low shrinkage polyester yarn market in the forecast period.

The rise in awareness about the benefits of public transportation services and the flourishing e-commerce industry fuels the demand for trucks and buses across the country. They require radial tires to ensure a smooth riding experience, and the vehicle can establish regular contact with the road surface. High modulus low shrinkage polyester yarn is used in the manufacturing of radial tires, and the large-scale manufacturing of radial tires is expected to support the high market demand in the forecast period.

The India high modulus low shrinkage polyester yarn market is segmented into denier, end-user, type, regional distribution, and competitive landscape. On the basis of regional analysis, the market is divided into west, south, north, and east. West region dominated the market and captured 47.92% of the total market share in 2022. The presence of many automobile manufacturers and the high-end investments by the market players to boost the radial tire base are driving the market demand in the region. Also, the hefty foreign direct investments in Gujarat and Maharashtra support industrialization and accelerate the demand for conveyor belts across the state.

The major players operating in the India high modulus low shrinkage polyester yarn market are Zhejiang Guxiadano Polyester Dope Dyed Yarn Co. Limited, SRF Limited, Reliance Industries Limited, Hyosung Advanced Materials Corporation, and Shinkong Synthetic Fibers Corporation.

Years considered for this report:

Historical Years: 2018-2021

Base Year: 2022

Estimated Year: 2023E

Forecast Period: 2024F–2028F

Objective of the Study:

• To analyze the historical growth in the market size of India high modulus low shrinkage polyester yarn market from 2018 to 2022.
• To estimate and forecast the market size of India high modulus low shrinkage polyester yarn market from 2023E to 2028F and growth rate until 2028F.
• To classify and forecast India high modulus low shrinkage polyester yarn market on the basis of denier, end-user, type, regional distribution, and competitive landscape.
• To identify dominant region or segment in the India high modulus low shrinkage polyester yarn market.
• To identify drivers and challenges for India high modulus low shrinkage polyester yarn market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India high modulus low shrinkage polyester yarn market.
• To identify and analyze the profile of leading players operating in India high modulus low shrinkage polyester yarn market.
• To identify key sustainable strategies adopted by market players in India high modulus low shrinkage polyester yarn market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of high modulus low shrinkage polyester yarn manufacturing companies across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research.

TechSci Research calculated the India high modulus low shrinkage polyester yarn market size using a bottom-up approach, where data for various end user segments wasrecorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

• High modulus low shrinkage polyester yarn manufacturing companies/partners
• End-users
• Government bodies such as regulating authorities and policy makers
• Organizations, industry associations, forums and alliances related to high modulus low shrinkage polyester yarn
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as high modulus low shrinkage polyester yarn manufacturing companies, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India high modulus low shrinkage polyester yarn market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• India High Modulus Low Shrinkage Polyester Yarn Market, By Denier:
• 1000D 192F
• 1000D 320F
• 1500D 480 F
• 1300 D 432F
• 2000D 480F
• 2200D 640F
• Others
• India High Modulus Low Shrinkage Polyester Yarn Market, By End User:
• Tire Cords
• Conveyors
• Hoses
• V-Belt
• Others
• India High Modulus Low Shrinkage Polyester Yarn Market, By Type:
• Regular Adhesive
• Super Low Shrinkage
• High Count Filaments
• High Tenacity
• Others
• India High Modulus Low Shrinkage Polyester Yarn Market, By Region:
• West
• South
• North
• East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India high modulus low shrinkage polyester yarn market.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights