Polyester Staple Fiber & Filament Yarns Market Revenue Continues to Dominate with CAGR of 7.7% Globally To 2027 | Reliance Industries Ltd., William Barnet & Son LLC, Sarla Performance Fibers, etc.
Research Reports
Jan 08, 2021
Polyester staple fiber and filament yarns possess excellent properties, including shape retention, superior elasticity, wrinkle resistance, outstanding wear & wash performance, longevity, and washability. Subsequently, it finds widespread application in several types of apparel fabrics. Polyester staple fiber provides better tear-resistant than cotton or other clothes making materials. The polyester staple fiber & filament yarns market is expected to attain worth USD 126.00 billion in 2027, growing at 7.7% rate of CAGR.
Key participants include Tongkun Group Co. Ltd., Shenghong Corp., Xin Feng Ming Group, Reliance Industries Ltd., Reliance Industries Ltd., William Barnet & Son LLC, Sarla Performance Fibers, Indorama Ventures Public Company Limited, Polyfibre Industries, Toray Industries Inc., and GreenFiber International SA, among others.
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Market Drivers
Owing to polyester staple extensive applications in making weather-resistant clothing as well as fashionable dresses, it has become a preferred material in the apparel section of children’s wear. This material can also be blended with different fibers like cotton, providing clothing benefits of both materials. Such applications are encouraging market growth. Additionally, PFRC (Polyester Fiber Reinforced Concrete) is widely used in the material of cement concrete pavement. Therefore, polyester staple fiber has been crucial to the construction sector. Moreover, polyester filament yarns are enormously utilized in distinct cement concrete road works, assisting in the environment conservation. This is because of their excellent non-biodegradable property. Furthermore, this staple fiber and filament yarns have been highly used in furniture manufacturing & upholstery. Rising domestic & residential applications of polyester staple fiber are also propelling the market.
For the purpose of this report, Reports and Data have segmented the global polyester staple fiber and filament yarns market on the basis of type, material, product, application, and region:
Type Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Staple Fiber
• Filament Yarn
Material Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Polyethylene Terephthalate (PET)
• Poly-1, 4-Cyclohexylene Dimethylene (PCDT)
• Others
Product Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Hollow
• Solid
Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Carpets & Rugs
• Apparels
• Non-Woven Fabrics
• Home Textiles
• Fiberfill
• Others
Regional Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• North America
• Europe
• Asia Pacific
• Latin America
• MEA
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Regional Analysis
Asia Pacific has contributed a large share in the market and is predicted to grow with a CAGR of 7.9% over the estimated period. The significant growth of the construction and textile industries in this region is the primary reason for its dominance. Other regions like Europe and North America are also anticipated to experience substantial growth with CAGR of 6.3% and 6.9% respectively.
Key Questions & Answers:
Which regional segments have been covered in the report?
Answer: The research report is currently focused on the leading market regions, including North America, Europe, Asia Pacific, and other significant regions.
Can new companies be added or profiled in the report as per our needs?
Answer: Yes, new companies can be added or profiled in the report as per our clients’ requirements.
Can additional market segments be included in the report?
Answer: Yes, additional market segments can be included in the latest report, depending upon the availability of market-related data and information.
Browse the comprehensive TOC and data tables @ https://www.reportsanddata.com/report-detail/polyester-staple-fiber-and-filament-yarns-market
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