Lucintel's latest market report analyzed that carpet yarn provides attractive opportunities in the residential and industrial sectors. The carpet yarn market is expected to reach $22.8 billion by 2028 with a CAGR of 5%. In this market, nylon is the largest segment by yarn type, whereas industrial is largest by end use.
Based on yarn type, the carpet yarn market is segmented into nylon, polyester, polypropylene, cotton, wool, acrylic, and others. The nylon segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the widespread use of nylon in carpet manufacturing because of its softness, toughness, resistance to stains and abrasion and it is available in different color as well as patterns.
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The Carpet Yarn Market is marked by the presence of several big and small players. Some of the prominent players offering carpet yarn include AquafilS.p.A., CananTekstil, Hyosung Advanced Materials, Meridian Specialty Yarn Group, National Spinning Company, Bonar Yarns, and Gulsan Holding.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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