Global Polyester Staple Fiber Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global polyester staple fiber market in its upcoming report titled, “Global Polyester Staple Fiber Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global polyester staple fiber market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global polyester staple fiber market report has been segmented on the basis of product type, origin, application, and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Polyester staple fibers are synthetic compound used in textile, automotive, and furniture industries. It is produced by polymerization of purified terephthalic acid (PTA) and mono ethylene glycol (MEG).

Increasing demand for polyester staple fiber from textile industry is a major factor driving growth of the global polyester staple fiber market. In addition, increasing adoption of polyester staple fiber for home furnishing, filtration, and automotive interiors is another factor fueling growth of the global market. Moreover, increasing demand for recycled polyester staple fiber is another factor expected to propel growth of the global market to a certain extent over the forecast period. However, stringent regulations by government on dumping of purified terephthalic acid (PTA), which is a raw material used for producing polyester staple fiber, is a major factor restraining growth of the global polyester staple fiber market.

Asia Pacific polyester staple fiber market accounts for highest share in terms of revenue in the global polyester staple fiber market and is expected to maintain its dominance over the forecast. The North America market is anticipated to witness significant growth in the global polyester staple fiber market over the forecast period. The Europe polyester staple fiber market is expected to witness moderate growth and is expected to register a CAGR of X.X% over the forecast period, followed by Latin America and Middle East and Africa market.

Global Polyester Staple Fiber market segmentation:

Segmentation on the basis of product type:

• Solid
• Hollow

Segmentation on the basis of origin:

• Virgin
• Recycled
• Blended

Segmentation on the basis of application:

• Automotive
• Apparel
• Home furnishing
• Filtration
• Others (construction, and personal care)

Segmentation on the basis of region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• China Petroleum & Chemical Corporation
• Barnet GmbH & Co. KG
• Indorama Ventures Public Company Limited
• Alpek S.A.B. de C.V.
• Diyou Fibre (M) Sdn. Bhd.
• Huvis Corporation
• Reliance Industries Ltd.
• Toray Industries Inc.
• Xinda Corp.
• Bombay Dyeing