Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Polyester Felt Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.25% during the review period (2022 to 2027)
Felt is a man-made fabric made from natural/synthetic fibres. The majority of man-made fabrics are woven. However, synthetic fibres are also used in a number of cases. Felted fabric is created by compressing and matting fibres. Heat, moisture, and a lot of pressure are frequently used to press fibres together, resulting in a highly dense fabric made of permanently interlocked fibres.
Polyester felt is a needle punched synthetic felt made from virgin polyester fibres or recycled plastics/pop bottles. Normally, the material is supplied in either black or white. In 2018, consumers and businesses in the Netherlands generated 240 million kilogrammes of textile waste. 130 million kilogrammes of textile waste are used to make felt garments. Polyester Felt's recyclability is expected to boost demand for Polyester Felt globally during the forecast period.
The Polyester Felt Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes: Sutherland Felt Company, Cangnan Yongbo Textile Co., Ltd., Superior Felt&Filtration, King Bird Tex, Saraswati Industries, Southern Felt&Geotex, Shanghai Uneed Textile Co., Ltd., Monarch Textiles, Shandong Exceeding Auto Interior Parts Co., Ltd., Rolking Felt Co.,Ltd. and Others.
Industry News:
Rolking Felt introducing Felt gift shopping bag for children in China
The felt gift shopping bag for children is currently the hottest product in China. It is currently very popular in China. Specifically for a gift that you can send to the children and fill with snacks and toys. Sewn with adorable and unique dolls. The felt tote has two reinforced handles...
By Type, it is segmented into
By Applications it is segmented into
Government policies in China and India aimed at encouraging investment in their respective textile manufacturing sectors are expected to boost the Asia Pacific Polyester Felt market during the forecast period. China is the world's largest producer and exporter of raw textiles and clothing. Textile has long been a significant industry in China. The country's textile industry has thrived due to low labour costs, low-cost land availability, supportive government policies, a large domestic consumer market, and an abundance of human resources. The region's expanding textile industry, particularly in China and India, is expected to drive the Polyester Felt market during the forecast period.
The Polyester Felt Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Polyester Felt Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Polyester Felt Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Polyester Felt Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2021-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Polyester Felt Market- Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Sutherland Felt Company, Cangnan Yongbo Textile Co., Ltd., Superior Feltï¼ÂFiltration |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.25% over the forecast period (2022-2027) |
By Type | • 0.5-5mm • 5-10mm • Above 10mm |
By Application | • Commercial • Home |
By Companies | Sutherland Felt Company, Cangnan Yongbo Textile Co., Ltd., Superior Felt&Filtration, King Bird Tex, Saraswati Industries, Southern Felt&Geotex, Shanghai Uneed Textile Co., Ltd., Monarch Textiles, Shandong Exceeding Auto Interior Parts Co., Ltd., Rolking Felt Co.,Ltd. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 134 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Polyester Felt Market is studied from 2017 - 2027.
What is the growth rate of the Polyester Felt Market?
The Polyester Felt Market is growing at a CAGR of 4.25% over the next 5 years.
Who are the key players in Polyester Felt Market?
Sutherland Felt Company, Cangnan Yongbo Textile Co., Ltd., Superior Felt&Filtration, King Bird Tex, Saraswati Industries, Southern Felt&Geotex, Shanghai Uneed Textile Co., Ltd., Monarch Textiles, Shandong Exceeding Auto Interior Parts Co., Ltd., Rolking Felt Co.,Ltd.
What regions does this Polyester Felt Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Polyester Felt Market?
0.5-5mm, 5-10mm, Above 10mm
What are the major end-use applications of Polyester Felt Market?
Commercial, Home
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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