Press release
Polyester Staple Fiber Market to Reach USD 53.03 Billion by 2030, Growing at a CAGR of 6.1%
Polyester Staple Fiber Market
๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฒ๐๐ฌ๐ญ๐๐ซ ๐๐ญ๐๐ฉ๐ฅ๐ ๐ ๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ
Synthetic polyester fibers, or polyester staple fibers (PSF), are created through the polymerization of purified terephthalic acid (PTA) with monoethylene glycol (MEG). The automotive, textile, and furniture sectors are the main users of polyester staple fiber, which is classified as both solid and hollow.Our analysis is consistent with the report's examination of the revenue impact of the COVID-19 pandemic on industry leaders, market followers, and disruptors.
๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก:
Over the course of the forecast period, the polyester staple fiber market is anticipated to expand at a CAGR of 6.1%. By 2030, the global market for polyester staple fiber is anticipated to grow to US$53.03 billion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/55230/
๐๐จ๐ฅ๐ฒ๐๐ฌ๐ญ๐๐ซ ๐๐ญ๐๐ฉ๐ฅ๐ ๐ ๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ:
This market research provides a thorough examination of the business plans, major driving forces, market tactics, statistical analysis, trends, and corresponding market shares of some of the leading companies in this space.
The primary factors propelling the market's expansion globally are the textile industry's increasing need for polyester staple fiber and the material's growing use in home furnishings, automobile interiors, and filtration. Over the course of the projection period, the demand for recycled polyester staple fiber and the growing desire for renewable and biodegradable synthetic fibers will also drive growth.
The top producer of polyester staple fibers in India, Adarsh Fibers Industries, is based in Mumbai and specializes in recovering polyester staple fibers.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
One of the main drivers of the global polyester staple fiber market's expansion is the region's expanding demand from the construction, automotive, and electronics industries for metal and residential structures. Similarly, developing nations like China and India play a significant role in this industry. Additionally, the expansion is being fueled by rising government and corporate investments in the development of infrastructure and cutting-edge technology, as well as by rising per capita income. Over the course of the projection period, the demand for geosynthetics is also being driven by the fast industrialization.
By 2030, North America is expected to grow at the quickest rate of any region in the world, mostly due to the United States, Canada, and Mexico's rapid economic growth as a result of well-established infrastructure and rising demand from the textile and automotive industries.
๐๐๐๐๐ฌ๐ฌ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐จ๐ฎ๐ซ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/55230/
๐๐จ๐ฅ๐ฒ๐๐ฌ๐ญ๐๐ซ ๐๐ญ๐๐ฉ๐ฅ๐ ๐ ๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Solid
Semi-dull Optical White
Bright Optical White
Black Dope Dyed
Coloured Dope White
Hollow
Others
The market leader in terms of product is the Solid Fibers sector, which is predicted to continue to lead the market from 2024 to 2030. Due to their superior fiber quality, 100% recyclable nature, and effective processability, the automotive and textile sectors have experienced rapid growth, which is driving the market. Furthermore, a number of elements driving the market's expansion include magnificent strength, even clever finishing, and straightforward handyness that tend to have greater applications in clothes, products, and home furnishings.
๐๐ฒ ๐๐ซ๐ข๐ ๐ข๐ง
Virgin
Recycled
Blended
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Automotive
Home Furnishings
Apparel
Filtration
Construction
Personal Care & Hygiene
Others
Application-wise, the apparel segment is anticipated to have the biggest market, increasing at a CARG of, and it is anticipated to continue dominating the market for the projection period of 2024-2030. The main reason for the increase is the fiber's remarkable qualities, which include its low weight, great wrinkle resistance, absorbency, and resilience to wear and tear. This element draws in vendors, which creates a number of growth prospects for Polyoester Staple Fiber in the upcoming projection.
๐๐จ๐ฅ๐ฒ๐๐ฌ๐ญ๐๐ซ ๐๐ญ๐๐ฉ๐ฅ๐ ๐ ๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Alpek
2. Bombay Dyeing
3. China Petrochemical
4. Indorama Ventures
5. Reliance Industries
6. TORAY INDUSTRIES
7. Tongkun Group
8. Zhejiang Hengyi Group
9. Shenghong
10. Xin Feng Ming Group
11. Hengli Group
12. Billion Industrial
13. Jiangsu Sanfangxiang Group
14. Nanya
15. Rongsheng PetroChemical
16. Sinopec Yizheng Chemical Fiber
17. Zhejiang GuXianDao Industrial Fiber
18. Far Eastern New Century
19. DAK Americas
20. Advansa
21. Lealea Group
22. W. Barnet GmbH & Co. KG.
23. Diyou Fibre (M) Sdn Bhd.
24. Huvis Corporation
25. Xinda Corp.
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/global-polyester-staple-fiber-market/55230/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฒ๐๐ฌ๐ญ๐๐ซ ๐๐ญ๐๐ฉ๐ฅ๐ ๐ ๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Polyester Staple Fiber?
What is the growth rate of the Polyester Staple Fiber Market?
Which are the factors expected to drive the Polyester Staple Fiber market growth?
What are the different segments of the Polyester Staple Fiber Market?
What growth strategies are the players considering to increase their presence in Polyester Staple Fiber?
What are the upcoming industry applications and trends for the Polyester Staple Fiber Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Polyester Staple Fiber Market?
Who are the leading companies and what are their portfolios in Polyester Staple Fiber Market?
What segments are covered in the Polyester Staple Fiber Market?
Who are the key players in the Polyester Staple Fiber market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐๐ฌ๐ฌ๐จ๐๐ข๐๐ญ๐๐ ๐๐ฎ๐๐ฃ๐๐๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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