Market for Polyester Fibers: Global Industry Trend Analysis and Forecast, 2017–2025

Introduction to the market for polyester fibres

Long chain synthetic polymers fibers market called polyester are created when an alcohol and an acid combine chemically to generate the fibres. Terepthalic acid and polyethylene glycol (PET) make up the majority of polyester fibres. This form of polyester produces strong, elastic yarns and fabrics with a good resistance to wrinkles and abrasion.

Polyester fibres have a high breaking strength, are resistant to most chemicals, and are not susceptible to wrinkling, mildew, or shrinking. Polyester fibres dry quickly and have a hydrophobic character. As a result, they can be utilised to create hollow fibre insulation. Polyester fibres are preferred for making outdoor apparel because they can survive wear and tear longer than cotton and maintain their forms in extremely climatic situations.

Home furniture and clothing frequently use woven or knitted materials derived from polyester fibres. In actuality, polyester clothing is widely used and favoured. Jackets, shirts, pants, blankets, bed sheets, pillows, upholstery padding, comforters, and upholstered furniture are just a few examples of the many products made from polyester materials.

Polyester is also utilised to manufacture ropes and yarns that are then used to make safety belts, conveyor belts, tapes, tyre reinforcements, and plastic reinforcements. This is all because of its durability and great strength. Polyester fibre is used in both industrial and consumer textiles to create a variety of goods, including non-wovens, fabrics for building roads, fish nets, seatbelts, laundry bags, and upholstery for vehicles.

To achieve specific blended qualities, polyester and natural fibres may occasionally be spun together. Blends of polyester and cotton, for instance, are robust, tear- or wrinkle-resistant, and suffer from less shrinking. When compared to fibres made from plants, synthetic polyester fibres have higher water, environmental, and tear resistance.

While clinging to the skin, polyester cotton blends are less breathable than cotton and trap a lot of moisture. Additionally, the textiles are less flame resistant. But because polyester can be moulded and kept into any shape, certain insulating qualities can be added to polyester fibres.

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Polyesters Fibers: Market Dynamics

Increasing constructional activity across the world is a major driving factor for the polyester fibres market. Additionally, carpets and rugs lead the residential and commercial flooring solutions globally and this will also help to increase the demand for polyesters fibres.

The thriving demand for polyester fibres from industries such as hospitality, automotive, electronics, household, and manufacturing industries will also affect the market positively. Moreover, subsequent growth of the mattresses market is likely to strengthen the demand for polyester fibres in the coming years.

However, price volatility of raw materials, strict regulations regarding quality standards, etc. are some of the critical constraints that are anticipated to inhibit the sales of polyesters fibres.

Polyesters Fibers: Market Segmentation

Based on product type
  • Polyester Staple Fibre (PSF)
  • Polyester Filament Yarn (PFY)
Based on application
  • Carpets and rugs
  • Apparel
  • Industrial and Consumer Textiles
  • Household and Institutional Textiles

Polyesters Fibers: Regional Outlook

In terms of geography, Asia pacific is the largest and fastest growing market for polyesters fibres. Rapid urbanisation, industrialization and increasing consumer disposable income are the main factors that will drive demand for polyesters fibres in this region.

Rising demand for products that use polyester fibres, such as industrial and consumer textiles, home furnishings, non-woven fabrics, apparels, carpets and rugs etc., will speed up polyester fibres sales in the region. China and India are likely to be the key markets for polyesters fibres, thereby propelling market growth in Asia Pacific. North America and Western Europe will experience stable growth in terms of sales of polyester fibres during the forecast period.

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Polyesters Fibers: Market Participants

Examples of some of the market participants identified across the value chain of global polyesters fibers market include:

  • Tongkun Group
  • Reliance
  • Zhejiang Hengyi Group
  • Shenghong
  • Xin Feng Ming Group
  • Hengli Group
  • Jiangsu Sanfangxiang Group
  • Sun Fiber LLC
  • Sinopec Yizheng Chemical Fibre
  • DAK Americas
  • Lealea Group
  • Zhejiang GuXianDao Industrial Fibers

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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