Global Polyester Fiber Market Growth 2023-2029

Global Polyester Fiber Market Growth 2023-2029

Polyester fibers, the synthetic fibers, are long chain polymers derived from coal, air, water, and petroleum. They are formed through chemical reaction between an acid and alcohol.

LPI (LP Information)' newest research report, the “Polyester Fiber Industry Forecast” looks at past sales and reviews total world Polyester Fiber sales in 2022, providing a comprehensive analysis by region and market sector of projected Polyester Fiber sales for 2023 through 2029. With Polyester Fiber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyester Fiber industry.

This Insight Report provides a comprehensive analysis of the global Polyester Fiber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polyester Fiber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Polyester Fiber market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyester Fiber and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polyester Fiber.

The global Polyester Fiber market size is projected to grow from US$ 59360 million in 2022 to US$ 58080 million in 2029; it is expected to grow at a CAGR of 58080 from 2023 to 2029.

China is the largest Polyester Fiber market with about 67% market share. India is follower, accounting for about 9% market share.

The key players are Tongkun Group, Reliance, Zhejiang Hengyi Group, Shenghong, Xin Feng Ming Group, Hengli Group, Billion Industrial, Jiangsu Sanfangxiang Group, Nanya, Rongsheng PetroChemical, Sinopec Yizheng Chemical Fibre, Zhejiang GuXianDao Industrial Fiber, Far Eastern New Century, DAK Americas, Advansa, Lealea Group, Petrovietnam Petrochemical and Textile Fiber Joint Stock Company, Wellman etc. Top 3 companies occupied about 11% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Polyester Fiber market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Polyester Staple Fiber (PSF)

Polyester Filament Yarn (PFY)

Segmentation by application

Apparel

Industrial and Consumer Textiles

Household and Institutional Textiles

Carpets and Rugs

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Tongkun Group

Reliance

Zhejiang Hengyi Group

Shenghong

Xin Feng Ming Group

Hengli Group

Billion Industrial

Jiangsu Sanfangxiang Group

Nanya

Rongsheng PetroChemical

Sinopec Yizheng Chemical Fibre

Zhejiang GuXianDao Industrial Fiber

Far Eastern New Century

DAK Americas

Advansa

Lealea Group

Petrovietnam Petrochemical and Textile Fiber Joint Stock Company

Wellman

Key Questions Addressed in this Report

What is the 10-year outlook for the global Polyester Fiber market?

What factors are driving Polyester Fiber market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Polyester Fiber market opportunities vary by end market size?

How does Polyester Fiber break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.