The globe Polypropylene Yarn Market Size is valued to be worth $16.32 billion in 2022. With the increasing adoption of polypropylene yarn for various applications, the overall sales are expected to increase by 5.6% CAGRoverall rating of over 23.85 billion until 2029.

The global Polypropylene Yarn Market was valued at nearly US$16.32 Billion in 2022 and is expected to register a CAGR of 5.6% during the forecast period.

Polypropylene yarn is in high demand by the textile industry as it is used to make carpets, socks, etc. Polypropylene yarn is lightweight and inexpensive, and it also gives high strength to the end product. It has a hygienic structure that does not cause allergic reactions; it does not hold moisture or water and is dirt and stain resistant. Polypropylene yarn also has many color variations and is reusable.

All these factors favor the use of polypropylene yarn in the textile industry. Furthermore, the shift in focus of manufacturers in some developing regions to the production of relatively cheap textiles in higher volumes is expected to pave the way for robust sales over the forecast period (2019-2029).

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However, the polyester and textile industry in East Asia is under constant pressure due to the coronavirus pandemic. Similar to the SARS outbreak in 2003, demand for polypropylene yarn is likely to decline as the industry shuts down. Governments have restricted transport amid the lockdown, causing logistical problems in the region. Further transmission of the coronavirus would prolong the transport paralysis and lead to a significant drop in production of…