Insights on the Polyester Staple Fiber Global Market to 2027 - by Origin, Product, Application and Region - ResearchAndMarkets.com

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.

Companies Mentioned

• 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.
• XINDA Corp.

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 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

7 Market Breakup by Product

8 Market Breakup by Application

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

For more information about this report visit https://www.researchandmarkets.com/r/lfg3o2

View source version on businesswire.com: https://www.businesswire.com/news/home/20220610005264/en/