Staple Fiber Market Size is Expected to Grow CAGR of 3.8% By 2030 | Reports and Data

Reports and Data estimates the global Staple Fiber competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Staple Fiber during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Shanghai Polytex Co., Limited, Eastman Chemical Company, Beaulieu Fibres International, Teijin Frontier Co., Ltd., Bracell, Celanese Corporation, China Petrochemical Corporation, Reliance Industries Limited, Barnet, and Aditya Birla Management Corporation Pvt. Ltd.

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Staple Fiber Overview :-

Staple fiber is widely used in the manufacturing of furniture and upholstered goods, as well as in the manufacture of carpets and ropes for residential and domestic use. The fiber is used for jackets, overcoats, protective clothing, and others. They are used extensively in residential furnishings, ranging from curtain fabrics to furnishings, tablecloths, and bed linen to wall coverings and floor coverings, pillows, and stuffing for pillows. According to Statista, the global construction market accounted for USD 6.4 trillion in 2020. The growing construction industry and growing demand from the construction industry is expected to boost staple fiber demand.

Polyester fibers are resistant to alkali attacks, and Polypropylene Fiber-Reinforced Concrete (PFRC) is used both as concrete overlays and in concrete pavement quality. It is possible to reduce cement consumption by approximately 10% by using fibers and about 35% by using fly ash. There is also an increasing demand for recycled polyester staple fiber in non-woven carpets, wadding, filtration, and as a filler for pillows, soft toys, and quilts. It is also used for making yarns and geotextiles. Decorative pillows and cushions are made from polyester staple fibers, which provide a high level of resilience. Demand for recycled polyester staple fiber is boosted by its use of PET/Polyester waste and post-consumer PET bottles to maintain the cleanliness of the environment, which is expected to boost demand for recycled polyester staple fiber. There are several types of Polyester Staple Fiber (PSF) available in various deniers and cut lengths. The most common sizes available are 1.4D, 1.5D, 3D, 6D, 7D, and 15D, as well as cut lengths such as 32 mm, 38 mm, 44 mm, and 64 mm. PSF is mostly produced in India, China, Taiwan, Indonesia, Vietnam, Malaysia, and Korea. In addition to being easily obtainable and cost-effective, these materials possess a wide range of desirable properties. They are strong, lightweight, dyeable, wrinkle-resistant, and are easily washed and dried. Therefore, fiber is widely used in sportswear, outdoor clothing, and textile fibers. These factors are expected to boost revenue growth of the market.

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For the purpose of this report Reports and Data has segmented global Staple Fiber market on the basis of type, application, and region:

By Product Type Outlook            

Woven
Non-woven

By Raw Material Type Outlook 

Polyester
Cotton
Cellulosic
Others

By Application Outlook

Apparel
Construction
Automotive
Personal Care & Hygiene
Filtration
Home Furnishing
Others

Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

What is the expected year-on-year growth of the Staple Fiber during the forecast period?
What key trends are expected influence revenue growth of the market going ahead?
Which region is expected to account for largest revenue share over the forecast period?
Which key companies are profiled in the report?

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This release was published on openPR.