CATEGORY

Threads

Industrial threads are used to sew strong, long lasting seams in fabric, leather, canvas and other materials. The most common type of industrial thread is for sewing on heavy duty materials, such as canvas, leather, vinyl, and duck cloth. Industrial threads come in different sizes, different fiber types and in different colors. Commercial and industrial sewing threads are strong, smooth, and are commonly used on projects that have special thread requirements.

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CATEGORY ALERTS

Coats Group acquires Texon, a global leader in premium structural components and materials

July 15, 2022
alert level: Medium

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Threads Market Monitoring Dashboard


Cost Structure

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Threads Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Threads category is 3.00%

Payment Terms

(in days)

The industry average payment terms in Threads category for the current quarter is 60.0 days

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Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Threads Suppliers


    35,940
    Total Suppliers
    2,423
    Diverse Suppliers
    74
    Normalized Supplier Rating
    Threads Supplier

    Find the right-fit threads supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    WW Grainger
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    3
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    44

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    54
    Social
    37
    Governance
    51
    6 Domains Performance (/100)
    Business behaviour
    42
    Human rights
    49
    Community Environment
    55
    Corporate governance
    56
    Human resources
    27
    Security Scorecard
    85

    Threat indicators
    B
    89
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    69
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    80
    Application Security
    Detecting common website application vulnerbilities
    B
    83
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    84
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    grainger.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    1
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    1
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    1
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    1
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    55
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Threads market report transcript


    Global Market Overview –Threads

    • The APAC will continue to dominate the market, in terms of global production and sales of threads by region
    • China is the major producer of industrial threads, due to high availability of primary raw material (synthetic fibers) required for thread production

     

    Global Trends

    • Threads are used in the upholstery industry, including automotive interiors, home furnishings, luggage and travel. This trend is increasing in North America and Western Europe, due to increase in quality demanding customers
    • Economic growth and rapid urbanization in South American regions drive the demand for high-quality threads
    • APAC is the major producer of industrial threads, due to high availability of primary raw material (synthetic fibers) required for thread production. Top suppliers have manufacturing locations in Asian countries, due to low cost of production and raw material availability, which drive local sourcing and more value-added services

    Regional Market Outlook

    • The APAC will continue to dominate the market, in terms of global production and sales of threads by region
    • China is the major producer of industrial threads, comprising of 56 percent of the global market share, due to high availability of primary raw material (synthetic fibers) required for thread production

    North America 

    • Global Production of Market Share: 11 percent
    • Global Sales Share of Thread: 11 percent
    • Maturity of Suppliers: Medium
    • Maturity of Buyers: Medium
    • Current State: Suppliers manufacture through a combination of facilities they own and third-party arrangements often with foreign factories. Others rely entirely on arrangements with third-party suppliers, mostly in Asia.


    Europe

    • Global Production of Market share: 17percent
    • Global Sales Share of Thread: 16 percent
    • Maturity of Suppliers: High
    • Maturity of Buyers: Medium
    • Current State: The more automated and technically sophisticated parts of the process, which requires high skill, has been retained in Europe. This had enabled the region to remain competitive

    Global Drivers and Constraints 

    Rapid urbanization, economic growth, and increase in customer awareness are driving the demand for superior quality thread production. The technological adoption differ with developed and emerging regions, which act as a constraint in sourcing operations to meet the specification for different geography

    Drivers
    Economic growth 

    • Consumer purchase for superior quality products and apparels have increased, due to which, demand for specialty threads has increased for leisure goods, automobile airbags, fast moving consumer goods (e.g., tea bags)

    Urbanization 

    • Pace of urbanization in developing countries, like China, India, Brazil, Mexico, is increasing, due to which, consumer demanding more innovative quality products from suppliers

    Awareness 

    • Increase in public sector spending by governments (public and military) and protective safety clothing (industry and military) are helping the demand for innovative and quality thread products

    Constraints 
    Technological adoption 

    • The quality and compliance (environmental, labor) of the product differ for developed regions (US and Western Europe) and emerging regions (e.g., India, China, Brazil), due to which, the sourcing operations differ with geographical regions
    • New technologies, such as anti-microbial threads, fibre optic threads, composite technology threads are used more in the US and Western Europe markets than emerging markets