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Polyethylene Terephthalate (PET) Fabric Market Trends and Drivers:
The market is primarily driven by the significant expansion in the textile industry. In addition, polyethylene terephthalate (PET) fabric also provides various benefits, such as being cost-effective, lightweight, and has antibacterial properties, making it an alternative to natural fabrics such as wool and cotton, thus contributing to the market growth. Moreover, the growing environmental awareness regarding plastic waste led to the adoption of PET fabric as a sustainable and recyclable material, representing another major growth-inducing factor. Besides this, rapid industrialization and various governments encouraging the uptake of PET fabric are accelerating the product adoption rate. Along with this, the expanding food and beverage (F&B) sector has escalated the demand for recycled food-grade PET fabric as a packaging material which is influencing the market growth. Furthermore, strategic collaborations among key players to explore diverse applications and improve product efficiency are creating a positive market outlook.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Source:
- Virgin PET
- Recycled PET
- Blended PET
Breakup by Fabric Type:
- Woven
- Non-Woven
- Knitted
Breakup by Form:
- Staple
- Filament
- Fiberfill
- Tow
Breakup by Application:
- Apparel
- Household
- Industrial
- Carpet and Rugs
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Alpek S.A.B.
- Toray Industries Inc.
- Eastman Chemical Company
- William Barnet & Son LLC.
- Reliance Industries Limited
- Indorama Ventures Public Company Limited
- Märkische Faser GmbH
- Sun Fiber LLC.
- Zhejiang Hengyi Group Co.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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