Global Industrial Threads Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. The thread is a firmly twisted strand of two or more plys of yarn that is circular. Almost all sewing thread that is manufactured is used in industrial and commercial sewing. It is exclusively used for sewing on heavy-duty materials like duck cloth, canvas, vinyl, and leather. The threads need to be strong and can handle the friction at the needle when sewing at high speed. Bonded Nylon is a well-known industrial thread that is exclusively used for semi-commercial and commercial sewing applications.
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Industrial Threads Market is segmented based on product types, applications, and region. Product types such as FR Thread, Polyester Thread, Aramid Thread, Nylon Thread, Antimicrobial Thread, PTFE Thread, Nylon Monocord Thread, Natural Thread (Wool, Cotton, Silk), and others classify Industrial Threads Industry. Applications into Government and Military Spec., Automotive, Medical Orthopedic Device, Filter Manufacturing, Heavy Duty Materials, Lifting Slings, Safety Harness, and others classify Industrial Threads Market. Industrial Threads Industry is segmented geographically into Americas (North America, Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.
Globally, North America accounts for the largest market share of Industrial Threads Industry and is estimated to lead the overall market in the years to come. The reason being, rising use of advanced technology. The United States is a major consumer of Industrial Threads Market in this region. Europe and the Asia Pacific follow suit. On the other hand, Asia Pacific is estimated to lead the overall market in the years to come. The reason being, rising use in developing regions like India and China due to growing job opportunities.
The key players of Industrial Threads Industry are Champion Thread Company, Coats Group Plc., Empress Mills, American & Efrid Inc. (A&E), Fil-Tec Inc., Dupont, Somac Threads, Service Thread, and Amann Group. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Industrial Threads in these regions, from 2012 to 2022 (forecast), covering
• North America
• Southeast Asia
Global Industrial Threads market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Coats Group plc
• American & Efird, Inc (A&E)
• Service Thread
• Amann Group
• Somac Threads
• Fil-Tec, Inc.
• Empress Mills
• Champion Thread Company
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Polyester Thread
• Nylon Thread
• PTFE Thread
• Nylon Monocord Thread
• Antimicrobial Thread
• Aramid Thread
• FR Thread
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Industrial Threads for each application, including
• Filter Manufacturing
• Lifting Slings
• Safety Harness
• Heavy Duty Materials
• Medical Orthopedic Device
• Government And Military Spec.
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/textiles
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