Global Demand for Polyester Fiber to Witness a Steady Increase

Albany, New York, October 27, 2016: Market Research Hub has announced a new report, titled, “Global Polyester Fiber Industry 2016, Trends and Forecast Report”. This research report offers a detailed analysis and forecast on the global polyester fiber industry. The 153-page report contains professional and in-depth research on the world's major regional market conditions impacting the polyester fiber industry. The purpose of the study is to offer insight and analysis of the industry in key regions of the world, including North America, Asia and Europe. Key markets in countries of United States, Germany, Japan and China have been analyzed in the report.

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Polyester fibers are derived polymers, specially derived from the chemicals like- napolyethylene terephthalate (PET) and monoethylene glycol. The polyester fiber provides features like good elasticity, low humidity absorption, wear and tear property, creases free, quick drying, scratch free, and water resistance and low humidity absorption capability.

The report has segmented the polyester fibers on the basis of the application into carpets and rugs, fiberfill, nonwoven fabrics sand others. On the basis of product, it is further segmented as solid polyester and hollow polyester fibers. Solid polyester fibers accounted for around 80% shares of the total volume consumption in the year 2014. The polyester fiber market is mainly driven by growing demand for solid fibers. Due to its unique characteristics, solid polyester fiber has emerged as a potential substitute for traditional fibers such as cotton and nylon. Solid polyester fiber is expected to witness steady increase in demand during the forecast period.

Asia Pacific dominated the global polyester fiber market in term of the size as well as revenue. It accounted for around 80% in total consumption and revenue generated in 2014. According to the detailed analysis, strong demand for polyester fiber from developing economies such as China, India, Malaysia, Indonesia, Thailand, etc. is expected to further trigger the growth of this industry in the region. On the other hand North America, Latin America, Europe accounted for small share of the global polyester fiber market.

Read Full Report with TOC in a PDF Format: http://www.marketresearchhub.com/report/global-polyester-fiber-industry-2016-trends-and-forecast-report-report.html

Key manufacturers of polyester fiber Industry included in this report are,
• Alpek
• Far Eastern New Century
• Tongkun Group
• Indorama Ventures
• Sinopec Yizheng Chemical Fibre
• Jiangsu Sanfangxiang Group
• Nan Ya Plastics
• Reliance Industries
• Mossi Ghisolfi Group
• Zhejiang Hengyi Group
• Zhejiang Hengsheng Chemical Fiber

In the end, the report introduces new project SWOT analysis, investment feasibility and return analysis. It provides market development trends to help the new entrants in the industry.

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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This release was published on openPR.