Polyester Staple Fiber Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2030
Polyester staple fiber (PSF) market is anticipated
to grow at a CAGR during the forecast period. Polyester is the most economical
and quality fiber used in textiles, and other end-user industries. Polymer is
obtained by polymerization of purified terephthalic acid (PTA) and monoethylene
glycol (MEG). PSF can be blended with natural fibers like cotton and wool, and
synthetic fibers like rayon to manufacture polyester blended yarns. The
increasing demand for PSF from end-user verticals such as automotive, apparel,
home furnishing, filtration, and others, is the major factor driving the growth
of the market. In addition, PSF possesses numerous properties such as high
strength, heat resistance, elasticity, wrinkle resistance, abrasion resistance,
long durability, among others, owing to these properties, they are largely
adopted in apparel, textiles, and automotive, and home furnishing
industries.
Furthermore, growing concern regarding the environment, and
availability of cost-effective PSF coupled with different varieties, patterns,
and colours as compared to that of cotton, which has increased the utilization
of PSF in the market due to which market is showing impressive growth. However,
high expenditure requirements on R&D activities related to PSF may hamper
the market growth.
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Polyester staple fiber Market Segmentation
By Origin
·
Virgin
·
Recycled
·
Blended
·
By Product
·
Solid
·
Hollow
·
Others
By Application
·
Apparel
·
Automotive
·
Home Furnishing
·
Filtration
·
Personal Care & Hygiene
·
Electrical & Electronics
A
full Report of Polyester Staple Fiber
Market is Available @ https://www.omrglobal.com/industry-reports/polyester-staple-fiber-market
Regional Analysis
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company
Profiles
·
Alpek, S.A.B. de C.V.,
·
Bombay Dyeing & Manufacturing Company Ltd
·
China National Petroleum Corp
·
Diyou Fibre (M) Sdn Bhd.,
·
Far Eastern New Century Corp
·
Huvis Corp
·
Indorama Corp
·
Petrovietnam Petrochemical
·
Reliance Industries Ltd
·
Shubhalakshmi Polyester Ltd
·
The China National Petroleum Corp
·
Toray Chemical Korea, Inc.,
·
Toray Industries Inc
·
Textile Fiber Joint Stock Co
·
W. Barnet GmbH & Co. KG,
·
Xinda Corp.,
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