Polyester Staple Fiber Market 2022 Growth Trends to 2030

Purified Terephthalic Acid (PTA), Monoethylene Glycol (MEG), or recycled polyethylene terephthalate (PET) bottle flakes are polymerized to create polyester staple fibre (PSF). It is low weight, light-resistant, and offered in a variety of colours with various cut lengths. PSF is frequently used for spinning yarns that are then knitted or woven into non-woven fabrics due to its extraordinary toughness and ability to tolerate harsh environmental conditions. Around the world, it is also used as a poly fiber-fill in high-end pillows, cushions, comforters, sofas, soft toys, coats, and mattresses.

They are manufactured either from raw cotton, wool, flax, or hemp, among which cotton and wool are the most commonly used raw materials. However, staple fibers are being widely manufactured from other raw materials such as angora, flax, alpaca, and mohair. Filament fibers are used for spinning into relatively shorter lengths using a particular type of fiber or in diverse combinations of Staple fibers and natural fibers, which have several applications such as apparel, construction, automotive, home furnishing, filtration, and hygiene & personal care among others.

The Global Market was estimated to be at USD 27.39 Billion in the year 2021, ready to exhibit a Compound Annual Growth Rate (CAGR) of 27.39%.

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Segmentation of the Global Polyester Staple Fiber Market:

Segmentation based on Origin

  • Virgin Polyester Staple Fiber
  • Recycled Polyester Staple Fiber
  • Blend of virgin and recycled polyester staple fiber
  • Others

Segmentation Based on End-User Industry

  • Apparel
     o Casual
       o Sports
       o industrial
  • Personal Care and Hygiene
  • Automotive
     o passenger cars
       o light commercial vehicles (LCV)
       o heavy commercial vehicles (HCV)
       o others
  • Home Furnishing
     o Sofa
       o Chairs
       o Pillows
       o Others
  • Filtration
  • Building & Construction
     o Residential
       o Commercial
       o Industrial
       o others
  • Electrical & Electronics
     o computer
       o recording tapes
       o others

Segmentation Based on Product

  • Solid
     o semi-dull optical white
       o bright optical white
       o black dope dyed
       o colored dope white
       o others
  • Hollow

 

Segmentation based on Denier

  • 6-7D
  • 1-15D

 

Competitive Land-scape:

 

Toray Industries, Alpek, S.A.B. de C.V, W. Barnet GmbH & Co. KG, Bombay Dyeing, Indorama Ventures Public Company Limited, Xinda Corp., China National Petroleum Corporation, Diyou Fibre (M) Sdn Bhd., Huvis Corporation, Petrovietnam Petrochemical, Textile Fiber Joint Stock Company, JB Ecotex, Shubhalakshmi Polyesters Ltd., Arora Fibres Ltd., Techfab India Industries Ltd., Meadowbrook Inventions, Inc., Komar Alliance, Zippercord LLC., Phillystran, Inc., Engineered Fibers Technology, Garvin Industrial Products, Fiber Innovation Technology, Inc., MYI® MINING FIBER YARN TEXTILE PRODUCTION INDUSTRY & TRADE, M&G Chemicals and Others

 

FAQs:

  • What is the global demand for Polyester Staple Fiber in terms of revenue?
  • Which are the prominent players in the market?
  • At what CAGR is the market projected to grow within the forecast period?
  • What is the driving factors fueling the growth of the market?
  • Which region accounted for the largest share in the market?

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