The global polyester staple fiber market is expected to reach USD 40.32 Billion by 2027, according to a new report by Reports and Data. The growth of the market is attributed to the growing use of polyester staple fibers amongst end-use application.
The surging demand for environment-friendly products is persuading several companies to implement sustainable practices to ascertain the well-being of users, along with the environment. This has resulted in a growing inclination to switch from petroleum-based non-biodegradable synthetic fibers, including polyester to biodegradable and renewable synthetic fibers produced from natural resources. This is expected to boost the demand for polyester staple fibers in the upcoming years.
The increasing use in the textile industry is likely to drive the growth of the market in the upcoming years. The fabrics made from polyester staple fiber possess good elasticity, shape retention, wrinkle resistance, exceptional wash & wear performance, washability, and longevity, among others, and as a result, finds extensive application in various types of apparel fabrics. It is used to make fashionable dresses, weather-resistant clothing, and is a preferred material for children’s wear. Polyester staple fiber is frequently blended with other fibers such as cotton, to get the combined benefits of both materials. It provides better tear-resistant as compared to cotton or other materials used in making clothing items.
Key participants include Alpek SAB de CV, Toray Chemical Korea, Reliance Industries Ltd., Huvis Corporation, Xinda Corporation, Indorama Corporation, China Petroleum, Bombay Dyeing, Petrovietnam Petrochemical and Textile Fiber Joint Stock Company, and W. Barnet GmbH & Co. KG, among others.
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The comprehensive analysis of the Polyester Staple Fiber market assists businesses in gaining a competitive advantage and helps them reach their business goals and objectives. The global Polyester Staple Fiber market research report is formulated with the descriptive profiles of the leading companies of the market along with their pricing analysis, gross revenue, financial standing, sales network and distribution channel, profit margins, and market position. This offers the readers a complete understanding of the competitive landscape of the Polyester Staple Fiber industry.
The Polyester Staple Fiber research report draws focus on the strengths and weaknesses of the key players of the market through a comprehensive SWOT analysis and Porter’s Five Forces analysis to project the growth rate.
The global Polyester Staple Fiber market report further segments the market based on product types offered by the market, applications, and key geographies of the market. The research study assesses the market in terms of market size, volume, revenue, and share.
Furthermore, the report also offers an accurate assessment of the market share and customer base of the Polyester Staple Fiber market in the major geographical regions of the world. The report also analyzes the growth of the individual segments of the Polyester Staple Fiber industry throughout the forecast period.
Raw Material Outlook (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027)
- Polyethylene Terephthalate (PET)
- Poly-1, 4-Cyclohexylene Dimethylene (PCDT)
Product Type Outlook (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027)
Application Outlook (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027)
- Home Furnishing
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Polyester Staple Fiber market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Objectives of the Polyester Staple Fiber Market Report:
- Analysis and forecast of the Global Polyester Staple Fiber Market by segmentation of the market
- Analysis of various macro and micro-economic factors influencing the growth of the Polyester Staple Fiber market
- Extensive SWOT analysis and Porter’s Five Forces analysis to offer a detailed view of the competitive landscape
- Insights into drivers, restraints, opportunities, limitations, threats, and challenges
- Analysis of the key players operating in the industry
- Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans
In conclusion, the report offers an extensive panoramic view of the Polyester Staple Fiber industry, backed by key statistical data and figures garnered from authentic sources and thorough primary and secondary research. The report offers a thorough examination of the size, shape, and volume of the market to offer an accurate forecast estimation of the Polyester Staple Fiber industry till 2027. The report also strives to offer strategic recommendations to the new players entering the Polyester Staple Fiber industry and guide them for overcoming entry-level barriers. It also offers recommendations to the established companies to fortify their presence in the Polyester Staple Fiber market and capitalize on the emerging opportunities in the industry.
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