Global Polyester Fibre Market is expected to reach USD 91.8 billion by 2025, from USD 169.92 billion growing at a CAGR of 8.2% during the forecast period of 2018 to 2025.
Manufacturing techniques of polyester fibres are now industrialized and various advancements have been made to the point where they can produce fibres suitable for broadest possible applications. They can have round, oval or angular profiles.
Major Market Competitors/Players:
Some of the major players operating in the global polyester fibre market are – Reliance Industries Limited, Polyfibre Industries, Toray Industries, Inc, Kayavlon Impex Pvt. Ltd, Nirmal Fibres (P) Ltd, Shree Renga Polymers, Stein Fibers Ltd, Diyou Fibre(M) Sdn Bhd, Silon s.r.o, Swicofil AG, Alpek S.A.B de C.V., Far Eastern New Century Corporation, Jiangsu Sanfangxiang Group, Indorama Ventures Public Company Limited, William Barnet and Son, LLC, GreenFiber International S.A., Sarla Performance Fibers Limited, Märkische Faser GmbH, Jiangsu Sanfangxiang Group, Nan Ya Plastics Corporation, Sinopec Yizheng Chemical Fibre Company Limited, Tongkun Group Zhejiang Hengsheng Chemical Fiber Co., Ltd, Zhejiang Hengyi Group Co. Ltd. and many more.
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The Global Polyester Fibre Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of polyester fibre market for global, Europe, North America, Asia Pacific and South America.
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- To gain insightful analyses of the market and have comprehensive understanding of the Global Polyester Fibre Market and its commercial landscape.
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- To understand the most affecting driving and restraining forces in the Global Polyester Fibre Market and its impact in the Global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for Global Polyester Fibre Market.
Major Market Drivers and Restraints:
- Hollow polyester fibres market employed in medical applications
- Adverse effects in growth of developed regions due to market saturation
- Health hazards related to polyester fibrefill may hamper the growth
- Demand for carpets and rugs from residential and commercial buildings market
- Increasing demand for nonwoven materials and products
- Increasing demand for mattresses of hollow polyester fibre
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The global polyester fibre market is segmented based on grade, product, application, and geographical segments.
- Based on grade, the global polyester fibre market is segmented into PET polyester and PCDT polyester
- On the basis of product, the global polyester fibre market is classified into solid and hollow
- On the basis of application, the global polyester fibre market is classified into carpets & rugs, non-woven fabrics, fiberfil, apparel, home textiles, and others.
- Based on geography, the global polyester fibre market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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