Global $39.3 Billion Polyester Staple Fiber (PSF) Market Analysis to 2025 – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Polyester
Staple Fiber (PSF) Market Analysis, By Product (Solid, Hollow), By
Origin (Virgin, Recycled, Blended), By Application, By Region, And
Segment Forecasts, 2014 – 2025" report has been added to Research
and Markets' offering.
The global polyester staple fiber market is expected to reach USD 39.3
billion by 2025, growing at a CAGR of 6.3%
Rise in the global consumption of sustainable textiles has been a major
factor driving market growth. Growing consciousness regarding the
environment and cheaper price of PSF as compared to that of cotton have
increased the utilization of PSF in the global market.
Polyester staple fiber is lightweight, wrinkle-free, and resistant to
light and weather. It also has an ability to withstand extreme climatic
conditions. It is used as a key element in various end-use sectors,
including apparel, home furnishing, construction, and automotive, which
is expected to drive market growth over the forecast period. Rising
product demand, owing to its long-term effectiveness, high elastic
resilience, tenacity, and eco-friendly nature of PSF, is also expected
to boost market growth over the next eight years.
Solid PSF was the largest product segment in 2016 and is expected to
witness a promising growth rate over the forecast period. Hollow product
segment is anticipated to observe a low growth rate by 2025. In terms of
revenue, apparel application segment is anticipated to observe the
fastest growth over the next eight years at a CAGR of 6.7% from 2017 to
2025.
PSF is instrumental in improving the overall quality at a lower price
than its alternatives, which is expected to drive its demand. Increasing
product usage in Asia Pacific owing to its rising utilization in textile
manufacturing industry is also expected to boost demand over the
forecast period.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Polyester Staple Fiber Market Variables, Trends, and Scope
Chapter 4 Polyester Staple Fiber Market: Product Estimates & Trend
Analysis
Chapter 5 Polyester Staple Fiber Market: Origin Estimates & Trend
Analysis
Chapter 6 Polyester Staple Fiber Market: Application Estimates & Trend
Analysis
Chapter 7 Polyester Staple Fiber Market: Regional Estimates & Trend
Analysis
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
- Toray Chemical Korea, Inc.
- W. Barnet GmbH & Co. KG
- Alpek S.A.B. de C.V.
- Reliance Industries Limited
- Diyou Fibre (M) Sdn Bhd
- Huvis Corporation
- Indorama Corporation
- Xinda Corp.
- China Petroleum Corporation (Sinopec Group)
- Bombay Dyeing
- Petrovietnam Petrochemical and Textile Fiber Joint Stock Company
For more information about this report visit https://www.researchandmarkets.com/research/wggkw6/polyester_staple
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Related
Topics: Synthetic
Textiles