Press release
Global Flame Retardant Polyester Staple Fiber Market Expected to Witness a Sustainable Growth over 2023
Polyester staple fiber (PSF) is kind of polyester fiber made directly from PTA & MEG or PET chips or from recycled PET bottle flakes.
This report mainly covers the polyester staple fiber product which has the flame retardant performance. They are mainly used in the fields of clothing, home textiles, public utility, others.
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Global Flame Retardant Polyester Staple Fiber Market: Forecast by Type / Application / Region
In global market, the production of flame retardant polyester staple fiber increases from 47.5 K MT in 2012 to 53.9 K MT in 2016, at a CAGR of 2.56%. In 2016, the global flame retardant polyester staple fiber market is led by Japan, capturing about 19.99% of global flame retardant polyester staple fiber production. Europe is the second-largest region-wise market with 18.86% global production share.
At present, the major manufacturers of flame retardant polyester staple fiber are Trevira, Reliance, Huvis, Teijin, Toyobo, Toray, Unifi, JR Corporation. Trevira is the world leader, holding 13.56% production market share in 2016.
In terms of price, the global 2012-2017 flame retardant polyester staple fiber price is in decline trend, from about 3477 USD/MT in 2012 to 3146 USD/MT in 2016.
In application, flame retardant polyester staple fiber downstream is wide and recently flame retardant polyester staple fiber has acquired increasing significance in various fields of clothing, home textiles, public utility and others. Globally, the flame retardant polyester staple fiber market is mainly driven by growing demand for clothing which accounts for nearly 57.14% of total downstream consumption of flame retardant polyester staple fiber in 2016.
In the future, global market is expected to witness steady growth on account of rising applications, so in the next few years, flame retardant polyester staple fiber production will show a trend of steady growth. In 2022 the production of flame retardant polyester staple fiber is estimated to be 65.9 KMT. On product prices, the slow downward trend in recent years will maintain in the future.
Over the next five years, LPI(LP Information) projects that Flame Retardant Polyester Staple Fiber will register a 0.9% CAGR in terms of revenue, reach US$ 180 million by 2023, from US$ 170 million in 2017.
Global Flame Retardant Polyester Staple Fiber Market: Key Players
Trevira
Reliance
Huvis
Teijin
Toyobo
Toray
Unifi
JR Corporation
SSFC
Yizheng Chemical Fiber
Hangzhou Hanbang Chemical Fiber
Kairui Flame Retardant Technology
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Related Information:
United States Flame Retardant Polyester Staple Fiber Market Research Report 2018
Europe Flame Retardant Polyester Staple Fiber Market Research Report 2018
North America Flame Retardant Polyester Staple Fiber Market Research Report 2018
Asia-Pacific Flame Retardant Polyester Staple Fiber Market Research Report 2018
China Flame Retardant Polyester Staple Fiber Market Research Report 2018
EMEA Flame Retardant Polyester Staple Fiber Market Research Report 2018
Global Flame Retardant Polyester Staple Fiber Market Research Report 2018
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