Press release
Polyester Fiber Market Key Players Analysis – Reliance Industries, Indorama Ventures, William Barnet and Son, GreenFiber International, Polyfibre Industries and Toray Industries
Polyester Fiber Market
Polyester Fiber Market size will likely surpass USD 165 billion by 2024. Polyester is said to have superior quality, firm strength, and with wrinkle-free, tear-resistant, and reduced shrinking properties. These properties help the fiber in maintaining strength once woven in certain cloth. Using of such superior quality material in the apparels, home textiles, furnishing, carpets, and other such products enhances its quality and looks.
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Apart from these, the product is also used for insulating and cushioning purposes along with tire reinforcements which further augments the polyester fiber market. With high stain resistance, fabric made from the product is used in making higher quality apparels and clothing series. Extensive use of the product in apparels, home furnishing & decor, mattresses, and other textiles will catalyze the market in the future years.
Some of the substitutes for the product are nylon, cotton, wool, and others. Polyester fiber offers superior properties and is cost-effective than the substitute products making it one of the preferred materials for the textile manufacturers. Increasing use of this cost efficient and superior quality product in fabrics used for industrial purposes will further drive the polyester fiber market in the upcoming years.
Asia Pacific, in terms of revenue is a major segment and holds in excess of 65% of the global Market share and is poised to increase in the upcoming years. North America and Europe will see growth at a sluggish rate owing to the increasing trends of using organic fabrics for apparels as well as home textiles.
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Key industry players operating in the polyester fiber market are Indorama Ventures, Reliance Industries, Toray Industries, Märkische Faser GmbH, Sarla Performance Fibers, Stein Fibers, William Barnet & Son, Kayavlon Impex, GreenFiber International, Silon, Nirmal Fibres, Polyfibre Industries, Swicofil, Diyou Fibre, and Shree Renga Polymers to name a few.
Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Grade trends
2.1.3. Product trends
2.1.4. Application trends
2.1.5. Regional trends
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Chapter 3. Polyester Fiber Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Vendor matrix
3.4. Raw material analysis
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. Europe
3.5.3. China
3.6. Pricing analysis
3.6.1. Regional pricing
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.2. Industry pitfalls & challenges
3.8. Growth potential analysis
3.9. Porter's analysis
3.10. Competitive landscape, 2016
3.10.1. Strategic dashboard
3.11. PESTEL analysis
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