North America Spinning Machinery Market: Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

Description

North America Spinning Machinery Market size is valued at USD 1,539.7 million in 2021 and is expected to grow at a prominent growth rate from 2022 to 2028. The global market report provides a thorough overview of the North America Spinning Machinery Market, which can be segmented by Type, Material, Machine Type, and Country. Based on the Type, the North America Spinning Machinery Market is segmented into Rotor Spinning, Ring Spinning, Compact spinning, and Others. Ring spinning is a continuous spinning technique that involves pulling roving, twisting, and wrapping it onto bobbins all at once to make yarn. It is employed in the cotton system. Approximately 85% of the market uses this system. Based on material, the segment has been segregated into Synthetic, Natural, and Mixed Fibers. The mixed fibers segment is expected to grow the most in the forecast period due to its sturdiness and better self-life. Based on Machine type, the North America Spinning Machinery Market is segmented into (Fiber Preparation Machines (Pre-cleaner, Blender, Others), Spinning Machines (Drawing Frame, Styling preparation system, Others)) The styling preparation system is expected to grow significantly in the forecast period.

Key Development:

In January 2022, To meet such demands, the Italian business Morgan Tecnica (part of the ATE Group) developed single-ply cutting technology. The PLY1’s many cutting heads can cut both soft and hard textile fabrics. PLY1 can handle a wide range of textiles, including carpet fabric, as well as unique materials with varying compositions and dimensions up to a thickness of 60 mm.