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China Recycled Polyester Filament Yarn Market Global Outlook and Forecast 2024-2030

The China Recycled Polyester Filament Yarn market size was valued at US$ 3.85 billion in 2024 and is projected to reach US$ 6.12 billion by 2030, at a CAGR of 8.0% during the forecast period 2024-2030.
Recycled Polyester Filament Yarn is a sustainable textile fiber produced from recycled PET bottles and other post-consumer plastics, offering similar properties to virgin polyester while reducing environmental impact.
China's Recycled Polyester Filament Yarn market is experiencing rapid growth, driven by increasing environmental awareness and government initiatives promoting circular economy. In 2023, China produced approximately 4.2 million metric tons of recycled polyester filament yarn, with 70% consumed domestically and 30% exported. The apparel sector remains the largest consumer, accounting for 60% of demand, followed by home textiles at 25% and technical textiles at 15%. The market benefited significantly from China's plastic waste reduction policies, which led to a 30% increase in PET bottle recycling rates in 2023. Technological advancements have focused on improving the quality and performance of recycled yarn, with new processing techniques achieving properties comparable to virgin polyester in 90% of applications. The market is seeing strong growth in solution-dyed recycled polyester, increasing at 12% annually, driven by its superior color fastness and reduced water consumption in textile processing. In 2023, major fashion brands' sustainability commitments led to a 25% increase in the use of recycled polyester in sportswear and athleisure products. The industry faces challenges from contamination in the recycling stream, but investments in advanced sorting and cleaning technologies are addressing these issues. Emerging applications in 3D printing filaments are showing promise, with recycled polyester filaments for additive manufacturing growing at 20% CAGR, albeit from a small base of 2% market share. Looking ahead, the market is expected to benefit from the growing trend of eco-friendly textiles, with recycled polyester blends for high-performance fabrics projected to grow at 15% CAGR through 2030.

This report contains market size and forecasts of Recycled Polyester Filament Yarn in China, including the following market information:
•   China Recycled Polyester Filament Yarn Market Revenue, 2019-2024, 2024-2030, ($ millions)
•   China Recycled Polyester Filament Yarn Market Sales, 2019-2024, 2024-2030,
•   China Top five Recycled Polyester Filament Yarn companies in 2023 (%)

Report Includes

This report presents an overview of China market for Recycled Polyester Filament Yarn , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Recycled Polyester Filament Yarn sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Recycled Polyester Filament Yarn market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

• Solid Fiber
• Hollow Fiber

Segment by Applications

•   Apparel
•   Automotive
•   Construction
•   Others

Key Companies covered in this report:

•   Tongxiang Hengchao Textile Co., Ltd.
•   Hangzhou Ruihong Chemical Fiber Co., Ltd.
•   Suzhou Jinke Textile Co., Ltd.
•   Zhejiang Wangzhuo Knitting Co., Ltd.
•   Wujiang RH Chemical Fiber Co., Ltd.
•   Jiangsu Hengli Chemical Fiber Co., Ltd.
•   Fujian Baichuan Resources Recycling Science & Technology Co., Ltd.
•   Hangzhou Hanbang Chemical Fiber Co., Ltd.
•   Zhejiang Huashun Polyfibers Industry Co., Ltd.
•   Suzhou Yunjie Knitting Co., Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•   Key companies Recycled Polyester Filament Yarn revenues in Chinan market, 2019-2024 (Estimated), ($ millions)
•   Key companies Recycled Polyester Filament Yarn revenues share in Chinan market, 2023 (%)
•   Key companies Recycled Polyester Filament Yarn sales in Chinan market, 2019-2024 (Estimated),
•   Key companies Recycled Polyester Filament Yarn sales share in Chinan market, 2023 (%)

Key Indicators Analysed
•   Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•   Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•   Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•   Opportunities and Drivers: Identifying the Growing Demands and New Technology
•   Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•   Industry drivers, restraints, and opportunities covered in the study
•   Neutral perspective on the market performance
•   Recent industry trends and developments
•   Competitive landscape & strategies of key players
•   Potential & niche segments and regions exhibiting promising growth covered
•   Historical, current, and projected market size, in terms of value
•   In-depth analysis of the Recycled Polyester Filament Yarn Market
•   Overview of the regional outlook of the Recycled Polyester Filament Yarn Market

Key Reasons to Buy this Report:

•   Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•   This enables you to anticipate market changes to remain ahead of your competitors
•   You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•   The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•   Provision of market value (USD Billion) data for each segment and sub-segment
•   Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•   Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•   Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•   Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•   The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•   Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•   Provides insight into the market through Value Chain
•   Market dynamics scenario, along with growth opportunities of the market in the years to come
•   6-month post-sales analyst support

We offer additional regional and global reports that are similar:
•   Global Recycled Polyester Filament Yarn Market
•   United States Recycled Polyester Filament Yarn Market
•   Japan Recycled Polyester Filament Yarn Market
•   Germany Recycled Polyester Filament Yarn Market
•   South Korea Recycled Polyester Filament Yarn Market
•   Indonesia Recycled Polyester Filament Yarn Market
•   Brazil Recycled Polyester Filament Yarn Market

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