Dublin, June 13, 2022 (GLOBE NEWSWIRE) -- The "Polyester Staple Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global polyester staple fiber market reached a value of US$ 22 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 29 Billion by 2027, exhibiting a CAGR of 4.95% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Polyester staple fiber (PSF) is made via polymerization of purified terephthalic acid (PTA) and mono ethylene glycol (MEG) or recycled polyethylene terephthalate (PET) bottle flakes. It is lightweight, resistant to light and available in a wide range of colors with different cut lengths. As it can withstand extreme climatic conditions and has remarkable resilience, PSF is widely used for spinning yarns, which are then knitted or weaved into non-woven fabrics. It is also utilized as a poly fiberfill in premium pillows, cushions, quilts, sofa, soft toys, jackets, and mattresses across the globe.
Significant growth in the real estate sector is positively influencing the need for luxury furniture. This represents one of the major factors propelling the market growth. It is further supported by the thriving construction industry wherein PSF is used in concrete to fill up cracks and enhance the overall quality of walls, tanks, tiles, blocks, and maintenance hole covers.
Apart from this, inflating disposable incomes and the escalating demand for sustainable and fast fashion are promoting the utilization of PSF in the textile industry. PSF is also used for making speaker felts, geotextiles, and wadding and as a filler for sound absorption. Moreover, it is employed in the manufacturing of high-quality and economical automotive textiles for roofs, airbags, trunk liners, carpet backing, glove boxes, door panels, safety belts, and sound insulation. The increasing production of light commercial vehicles is anticipated to provide lucrative opportunities to market players.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global polyester staple fiber market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on origin, product and application.
Breakup by Origin:
- Virgin
- Recycled
- Blended
Breakup by Product:
- Solid
- Hollow
Breakup by Application:
- Automotive
- Home Furnishing
- Apparel
- Filtration
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alpek S.A.B. de C.V. (Alfa S.A.B. de C.V.), Bombay Dyeing, China Petroleum Corporation (Sinopec Group), Diyou Fibre (M) Sdn Bhd, Far Eastern New Century Corporation, Huvis Corporation, Indorama Corporation, Reliance Industries Limited, Shubhalakshmi Polyester Ltd, Toray Industries Inc. and XINDA Corp.
Key Questions Answered in this Report:
- How has the global polyester staple fiber market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global polyester staple fiber market?
- What are the key regional markets?
- What is the breakup of the market based on the origin?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global polyester staple fiber market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Polyester Staple Fiber Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Origin
6.1 Virgin
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Recycled
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Blended
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Product
7.1 Solid
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Hollow
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Home Furnishing
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Apparel
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Filtration
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Alpek S.A.B. de C.V. (Alfa S.A.B. de C.V.)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.2 Bombay Dyeing
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 China Petroleum Corporation (Sinopec Group)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Diyou Fibre (M) Sdn Bhd
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Far Eastern New Century Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 Huvis Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Indorama Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Reliance Industries Limited
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Shubhalakshmi Polyester Ltd
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Toray Industries Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 XINDA Corp
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/626o0l
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