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Report On Indian Man Made Fibre Industry

Bharatbook.com included a new research report on "Report On Indian Man Made Fibre Industry " Road transport plays a pivotal role in the economic development of the country, as most of the trade is carried through the road network in India

 
 
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PRLog - Oct. 20, 2012 - Reort On Man Made Fibre Industry

 MMF – for Masses, for Machines, for Fashion
 MMF industry – a likely winner
 The Indian Textile Industry is one of the key and integrated industries in the Indian economy. It is the largest employer after agriculture. It employs approximately 35 mn people directly and 50 mn people indirectly. The industry accounts for approximately 14% of industrial production, 17% to gross export earnings and 4% to national GDP.   http://www.bharatbook.com/market-research-reports/apparel...

 Textile industry can be segmented into Natural fibres and Man-Made Fibres (MMFs) based on use of basic raw material, cotton or crude oil derivate, respectively. Due to tropical climate, cotton is considered as preferred choice over MMF. Even though, cotton is the dominantly consumed fibre in India, the share of cotton in total fibre consumption has shown a decline over the years. It has declined from 74% in FY91 to 59% in FY11. The share of MMF is poised for higher growth and is expected to share 45 per cent by FY17 of the overall fibre consumption pie by the textile industry, mainly driven by the limited availability & growth of cotton, increased blending and the huge price differential.  Fibre Industry (http://www.bharatbook.com/)

 The demand for MMF from textile sector will largely be driven by the growing demand for clothing along with the augmented demand for the home textiles and technical textiles. The MMF industry can be classified into synthetic and cellulosic fibres comprising polyester, olefin, nylon, acrylics, viscose etc.

 Polyester alone accounted for approximately 82% of the total MMF consumption in FY11. The widening price differential between cotton and polyester and growth in use of non-cotton spun yarn and fabrics will drive the demand for polyester in India. The polyester segment consumption can be segregated into PFY – 63% and PSF – 37%. The PSF industry is highly organised with only three players – Reliance Industries, Indo Rama Synthetics and Bombay Dyeing. In PFY segment, RIL is the largest manufacturer accounting for about 55% of the total domestic production and Century Enka, Indo Rama Synthetics, Alok Industries, Garden Silk, JBF Industries are some other significant players.

 Raw material prices and availability play a crucial role in the MMF industry. Raw material cost contributes 75-85 per cent to the total operating cost. The key raw materials used are Purified Terephthalic Acid (PTA), Mono - Ethylene Glycol (MEG), Caprolactam and Rayon Grade Wood pulp.

 The prices of raw materials used for synthetic MMFs are affected by the crude oil prices and move in tandem with the global prices.

 The government has announced the National Textile Policy to promote India in the world textile industry by strengthening the existing policy framework and providing institutional and technological support for achieving rapid growth in demand of fibres in the country over the next decade. This policy also envisages the extension of Technology Up gradation Fund Scheme (TUFS) scheme to MMF production and technical textiles. The GoI has also allowed 100% FDI in the textile sector through automatic route.

 SECTION- I CARE Research’s OUTLOOK
 Domestic Outlook – Overall MMF Industry
 Outlook on the Domestic Demand
 Outlook on the changing Fibre-wise share
 Outlook on the Per Capita Consumption
 Outlook on the Yarn-wise demand growth

 Domestic Outlook – Polyester Industry
 Outlook on the polyester consumption
 PSF Consumption
 VSF Consumption

 SECTION- II INDUSTRY SECTION
 Global Scenario
 Overview
 Trend in the Global fibre production
 Country-wise share
 Trend in the Global fibre consumption

 Overview
 Indian Textile & Apparel industry
 Classification of the Indian textile Industry based on fibre

 For more information kindly visit :  http://www.bharatbook.com/market-research-reports/apparel-clothing-market-research-report/indian-man-made-fibre-industry.html

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Source:Bharat Book Bureau
Phone:00 91 22 27810772 27810773
Zip:400703
City/Town:Navi Mumbai - Maharashtra - India
Industry:Business, Technology
Tags:man-made, fibre, production, wise, share
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