Global Polyester Staple Fibre Market 2028: Analysis & Growth with Trends

The global polyester staple fibre market is expected to grow at a steady CAGR during the forecast period. The global polyester staples fibre market is driven by the increasing consumption of sustainable textiles across the globe. Growing awareness regarding the environment-friendly nature and comparatively cheaper price of PVR as compared to cotton is expected to bolster the growth of the market over the next few years. Additionally, the increasing preference for recycled PSFs coupled with high demand from various end-use industries such as automotive, and filtration, among others, is further driving the market growth through 2028.

The global polyester staple fibre market is segmented based on product, origin, application, company, and region. Based on the product, the market can be categorized into solid and hollow. The solid segment is anticipated to dominate the global polyester staples fibre market during the forecast period, which can be attributed to the rapidly expanding textile manufacturing industry, especially in developing countries of the Asia Pacific.

Regionally, Asia-Pacific is expected to dominate the polyester staple fibre market during the forecast period, due to growing product demand from end-use industries such as automotive, apparel, and others coupled with economic growth, growing population, rising per capita income and changing lifestyles in countries like China and India.

The major players operating in the global polyester staple fibre market are Toray Chemical Korea, Inc., W. Barnet GmbH & Co. KG, Alpek, S.A.B. de C.V., Reliance Industries Limited, Indorama Corporation, Xinda Corp., China National Petroleum Corporation, Bombay Dyeing, Textile Fibre Joint Stock Company and others.

The Objective of the Study:

• To analyze and estimate the market size of the global polyester staples fibre market from 2018 to 2021.
• To estimate and forecast the market size of the global polyester staple fibre market from 2022 to 2028 and the growth rate until 2028.
• To classify and forecast the global polyester staple fibre market based on product, origin, application, company and regional distribution.
• To identify the dominant region or segment in the global polyester staples fibre market.
• To identify drivers and challenges for the global polyester staple fibre market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global polyester staples fibre market.
• To conduct pricing analysis for the global polyester staple fibre market.
• To identify and analyze the profile of leading players operating in the global polyester staples fibre market.
• To identify key sustainable strategies adopted by market players in the global polyester staple fibre market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of the global polyester staples fibre market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Polyester staple fibre manufacturers
• Market research and consulting firms
• Government bodies such as regulating authorities and policymakers
• Organizations, forums and alliances related to polyester staple fibre

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

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Report Scope:

In this report, global polyester staple fibre market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Global Polyester Staples Fibre Market, By Product:
  • Solid
  • Hollow
• Global Polyester Staple Fibre Market, By Origin:
  • Virgin
  • Recycled
  • Blended
• Global Polyester Staples Fibre Market, By Application:
  • Automotive
  • Home Furnishings
  • Apparel
  • Filtration
  • Construction
  • Personal Care & Hygiene
  • Others
• Global Polyester Staples Fibre Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
  • South America
    • Brazil
    • Argentina
    • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global polyester staple fibre market.