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Report
Global Polyester Staple Fibre Market Report and Forecast 2023-2028
Market Report I 2023-09-20 I 170 Pages I EMR Inc.
Global Polyester Staple Fibre Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global polyester staple fibre market is projected to grow at a CAGR of 5.90% between 2023 and 2028. Aided by the burgeoning demand for lightweight, cost-effective, and versatile materials and increasing inclination of the population towards fashion and clothing, the market is expected to grow significantly by 2028.
Polyester staple fibre (PSF) is a man-made fibre cut from PET polymers and is popularly used as an insulating material and a raw material for yarn spinning, non-woven fabrics, and fillings for pillows, cushions, and quilts. Its inherent properties like high strength, stability, resistance to wrinkles and shrinking, and excellent insulation capabilities make it a preferred material across multiple industries.
The increasing consumer preference for cost-effective and durable materials is driving the global polyester staple fibre market growth. As economies worldwide continue their recovery from the economic slowdown, the demand for cost-effective materials like PSF has surged, particularly in sectors such as textiles, automotive, and construction.
In addition, the rising trend towards sustainability and recycling has also contributed to the increasing popularity of polyester staple fibre. As an extensively recycled material, PSF offers an eco-friendly alternative to traditional fibres, aligning with the global shift towards sustainable and environmentally friendly materials.
The expanding applications of PSF across various industries play a pivotal role in propelling the polyester staple fibre market development. In the textile industry, PSF is widely used in the production of clothing, home furnishings, and other textiles due to its versatility and strength. Meanwhile, in the automotive industry, PSF finds applications in tyre cords, seat covers, and interiors, thanks to its high resilience and durability. The construction industry also utilises PSF as an insulation material, contributing to energy efficiency in buildings.
Moreover, the rise in living standards and the increasing focus on interior aesthetics have led to a growth in the home furnishing sector, thereby driving the polyester staple fibre market demand. As a key material in the production of bedding, upholstery, and other home furnishing items, the rise in demand for these products directly boosts the PSF market.
The continual innovations and advancements in textile technology have led to the development of new applications for PSF, further fuelling the polyester staple fibre market expansion. From its use in performance sportswear to its incorporation into smart textiles, the potential for PSF continues to grow, creating lucrative opportunities for market players.
Market Segmentation
The market can be divided based on product type, origin, application, and region.
Market Breakup by Product Type
- Solid
- Hollow
Market Breakup by Origin
- Virgin
- Recycled
- Blended
Market Breakup by Application
- Automotive
- Home Furnishing
- Apparel
- Filtration
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global polyester staple fibre companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Toray Industries, Inc.
- Reliance Industries Limited
- Diuou Fibre (M) Sdn Bhd.
- XINDA Corporation
- Indorama Corporation
- Sinopec Yizheng Chemical Fibre Limited
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Industry Opportunities and Challenges
8 Global Polyester Staple Fibre Market Analysis
8.1 Key Industry Highlights
8.2 Global Polyester Staple Fibre Historical Market (2018-2022)
8.3 Global Polyester Staple Fibre Market Forecast (2023-2028)
8.4 Global Polyester Staple Fibre Market by Product Type
8.4.1 Solid
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Hollow
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Polyester Staple Fibre Market by Origin
8.5.1 Virgin
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Recycled
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Blended
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Polyester Staple Fibre Market by Application
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Home Furnishing
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Apparel
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Filtration
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Polyester Staple Fibre Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code - 550320)
12.1 Major importing countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Exporting Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Toray Industries, Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Reliance Industries Limited
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Diuou Fibre (M) Sdn Bhd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 XINDA Corporation
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Indorama Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Sinopec Yizheng Chemical Fibre Limited
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Industry Events and Developments
List of Key Figures and Tables
1. Global Polyester Staple Fibre MarketGlobal Polyester Staple Fibre Market: Key Industry Highlights, 2018 and 2028
2. Global Polyester Staple Fibre Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Polyester Staple Fibre Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Polyester Staple Fibre Historical Market: Breakup by Origin (USD Million), 2018-2022
5. Global Polyester Staple Fibre Market Forecast: Breakup by Origin (USD Million), 2023-2028
6. Global Polyester Staple Fibre Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Polyester Staple Fibre Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Polyester Staple Fibre Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Polyester Staple Fibre Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Polyester Staple Fibre Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Polyester Staple Fibre Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Polyester Staple Fibre Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Polyester Staple Fibre Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Polyester Staple Fibre Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Polyester Staple Fibre Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Polyester Staple Fibre Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Polyester Staple Fibre Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Polyester Staple Fibre Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Polyester Staple Fibre Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Major Importing Countries by Value
21. Major Exporting Countries by Value
22. Major Importing Countries by Volume
23. Major Exporting Countries by Volume
24. North America Historical Price Trends and Forecast (2018-2028)
25. Europe Historical Price Trends and Forecast (2018-2028)
26. Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
27. Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
28. Middle East and Africa Historical Price Trend (2018-2022) and Forecast (2023-2028)
29. Global Polyester Staple Fibre Market Structure.
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