Press release
Polyester Fiber Market is Anticipated to Surge a CAGR of 8.7% By 2029
Data Bridge Market Research analyses that the polyester fiber market will witness a CAGR of 8.7% for the forecast period of 2022-2029 and is likely to reach the USD 128.15 billion by 2029.Polyester fibers are made from polyethylene terephthalate (PET) which can either be recycled or virgin (PET). Because of its low cost, adaptability, high strength, easy stretchability, recyclability, elasticity, and excellent resistance to abrasion, wrinkles, and fungus, it has become the most used fiber in the textile industry. These fibers are hydrophobic and dry quickly, and they can also be used as insulation in the form of hollow fibers. It can take more wear and tear than cotton and other textiles, and it keeps its shape even in adverse weather. Dope dyeing or pigmentation can be used to colour these fibers.
The polyester fiber market is primarily driven by rising demand for demand for rugs and carpets from commercial and residential sector. In addition, upsurge in the demand for nonwoven materials and products and rising urbanization and home décor industry are expected to drive the polyester fiber industry's growth. Other important factors influencing the polyester fiber market growth are the development in global fashion industry, growing demand for product from various end-use industries such as household, automotive, hospitals, and electronics and rise in the number of applications of hollow polyester fibers in medical application.
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Polyester Fiber Market Scenario
According to Data Bridge Market Research, the market for polyester fiber is accelerating due to the increasing demand for the polyester fiber, rising demand for non-woven materials and products, expansion of home decor industry and surge in demand for mattresses of hollow polyester fiber. Additionally, growing constructional activity across the world, rapid urbanization, advancement in the global fashion industry and increasing demand for the products from various end-use applications such as automotive, electronics, hospitals and household positively affect the polyester fiber market. Furthermore, technological advancements and increasing research and development facilities extend profitable opportunities to the polyester fiber market players.
Now the question is which are the other regions that polyester fiber market is targeting? Data Bridge Market Research has estimated the largest growth in Asia-Pacific because of the shifting consumer inclination for organic fabric and cotton in textile applications in the region. Asia-Pacific is expected to witness the highest CAGR during the forecast period of 2022-2029 due to the fastest growing textile industry and rising residential and commercial construction in the region.
For more analysis on the polyester fiber market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-polyester-fibre-market
Competitive Landscape and Global Polyester Fiber Market Share Analysis
The polyester fiber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to polyester fiber market.
Some of the major players operating in the polyester fiber market are
Reliance Industries Limited
William Barnet and Son, LLC
Jiangsu Sanfangxiang Group Co. Ltd
Sarla Performance Fibers Limited
Märkische Faser GmbH
PolyFiber Industries
Toray Industries, Inc
Far Eastern New Century Corporation
Nan Ya Plastics Corporation
Nirmal Fiber s (P) Ltd
Indorama Ventures Public Company Limited
Green Group S.A.
Shree Renga Polymers
Kayavlon
Stein Fibers Ltd
Diyou Fiber (M) Sdn Bhd
Swicofil AG
Silon
Alpek S.A.B de C.V.
Sinopec Yizheng Chemical Fiber Company Limited
Tongkun Group Zhejiang Hengsheng Chemical Fiber Co., Ltd
Industry Segmentation:
The polyester fiber market is segmented on the basis of product type, source, grade, form and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
On the basis of product type, the polyester fiber market is segmented into polyester staple fiber (PSF) and polyester filament yarn (PFY).
On the basis of source, the polyester fiber market is segmented into virgin and recycled and blended.
Based on grade, the polyester fiber market is segmented into polyethylene terephthalate (PET) polyester and PCDT polyester.
On the basis of form, the polyester fiber market is segmented into solid and hollow.
The application segment for polyester fiber market includes carpets and rugs, non-woven fabrics, fiberfil, apparel, home textiles and others.
Access Full Report, Click Here: https://www.databridgemarketresearch.com/reports/global-polyester-fibre-market
Highlights of the Market Research Report
Display of the market by type and application, with sales share and growth rate by type and application
Industry introduction, overview, opportunity, product scope, risk and driver definition
The polyester fiber Market market is investigated along with pricing, distribution, and demand data for geographical markets.
This study estimates the product consumption growth rate along with the consumption market share in the region.
Market consumption rates are assessed on a geographic basis and product types are reflected in the report.
Polyester Fiber Market Country Level Analysis
The polyester fiber market is analysed and market size, volume information is provided by country, product type, source, grade, form and application as referenced above.
The countries covered in the polyester fiber market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the polyester fiber market due to the rapidly-increasing textile industry, growing level of disposable income and rise in the commercial as well as residential construction in this region. North America is expected to grow during the forecast period of 2022-2029 due to the growing consumer preference for organic fabric and cotton in textile sector in this region.
Table of Contents:
Chapter 1: polyester fiber Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: polyester fiber Market Competition by Manufacturers
Chapter 4: polyester fiber Production, Revenue (Value) by Region
Chapter 5: polyester fiber Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10:Marketing Strategy Analysis, Distributors/Traders
Chapter 11: polyester fiber Market Effect Factors Analysis
Chapter 12: polyester fiber Market Forecast
To check the complete Table of Content click here: @ https://www.databridgemarketresearch.com/toc/?dbmr=global-polyester-fibre-market
Research Methodology of Polyester Fiber Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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About Data Bridge Market Research, Private Ltd
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. "Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve."
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