Polyester Fiber Market By Form (Solid, Hollow), By Grade (Polyethylene terephthalate (PET) Polyester, PCDT Polyester), By Product Type (Polyester Filament Yarn (PFY), Polyester Staple Fiber (PSF)), By Application (Automotive, Home Furnishing, Textile, Filtration, Construction, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
The global polyester fiber market was valued at $81.1 billion in 2022, and is projected to reach $160.1 billion by 2032, growing at a CAGR of 7.1% from 2023 to 2032.
Polyester fiber is a long-chain synthetic polymer that is produced via chemical reactions between acid and alcohol. Polyester fibers exhibit superior features such as resistance from wrinkle, stretching, abrasion, chemicals, and shrinking, and possess other favorable properties such as quick drying and high strength, making them an ideal solution in the fashion industry. Polyester fabrics produced from polyester fiber are strong, elastic, and have high resistance to abrasion and wrinkle. In addition, they are preferred for fabricating outdoor clothing as they can resist wear and tear longer than cotton and retain their shapes in severe climatic conditions.
For the purpose of analysis, the global polyester fiber market scope covers segmentation based on form, grade, product type, application, and region. The report highlights the information about various forms such solid and hollow polyester fiber. It further provides the details about different product types, including polyester staple fiber (PSF) and polyester filament yarn (PFY). In addition, the applications covered in the study are automotive, home furnishing, textile, filtration, construction, and others.
Furthermore, polyethylene terephthalate (PET) polyester and poly-1, 4-cyclohexylene-dimethylene terephthalate (PCDT) polyester are the different grades of polyester fiber described in the report. Moreover, it analyzes the current market trends of polyester fiber across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests future growth opportunities along with consideration of the COVID-19 impact. The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment.
In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain the intense competition in the industry.
In addition, the report covers profiles of key industry participants such as Reliance Industries Limited, Barnet, Sarla Performance Fibers Limited, Märkische Faser GmbH, PolyFiber Industries, TORAY INDUSTRIES, INC., Nirmal Fibers (P) Ltd., Indorama Ventures Public Company Limited, NAN YA PLASTICS CORPORATION, and Stein Fibers, LTD.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the polyester fiber market analysis from 2022 to 2032 to identify the prevailing polyester fiber market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the polyester fiber market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global polyester fiber market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy Product TypePolyester Filament Yarn (PFY)
Polyester Staple Fiber (PSF)
By ApplicationOthers
Automotive
Home Furnishing
Textile
Filtration
Construction
By FormSolid
Hollow
By GradePolyethylene terephthalate (PET) Polyester
PCDT Polyester
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
Rest of LAMEA
Key Market Players
TORAY INDUSTRIES, INC.
Barnet
Stein Fibers, LTD.
MARKISCHE FASER GMBH
Sarla Performance Fibers Limited
NAN YA PLASTICS CORPORATION
Reliance Industries Limited
Indorama Ventures Public Company Limited
Polyfibre Industries
Nirmal Fibres (P) Ltd
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