Home Apparel market Polyester staple fibers demand, share, market size | Global Industry Analysis and Research Report to 2021-2028

Polyester staple fibers demand, share, market size | Global Industry Analysis and Research Report to 2021-2028

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Reports and data

Polyester Staple Fiber Market Size – $ 23.58 Billion in 2020, Growth – 7.9% CAGR, Trends – Growing End Use Applications in Asia Pacific Region

NEW YORK, NY, USA, November 3, 2021 /EINPresswire.com/ – Growing demand for polyester staple fibers from textiles is one of the important factors influencing the growth of the market.

The global polyester staple fiber market is expected to reach $ 43.39 billion by 2028, according to a new report from Reports and Data. The growth of the market is attributed to the increasing use of polyester staple fibers among the end applications.

The growing demand for environmentally friendly products prompts several companies to implement sustainable practices to ensure the well-being of users, as well as the environment. This has resulted in a growing trend to shift from non-biodegradable petroleum-based synthetic fibers, including polyester, to biodegradable and renewable synthetic fibers produced from natural resources. This is expected to stimulate the demand for polyester staple fibers in the coming years.

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The increasing use in the textile industry is likely to drive the growth of the market in the coming years. Fabrics made from polyester staple fibers possess good elasticity, good shape retention, wrinkle resistance, outstanding washing and wear performance, washability and longevity, among others, and hence , find wide application in various types of clothing fabrics. It is used to make fashionable dresses, weatherproof clothing, and is a favorite material for children’s clothing. Polyester staple fiber is frequently blended with other fibers such as cotton, to obtain the combined advantages of both materials. It offers better tear resistance compared to cotton or other materials used in the manufacture of clothing items.

Main key players:
Alpek SAB de CV, Toray Chemical Korea, Reliance Industries Ltd., Huvis Corporation, Xinda Corporation, Indorama Corporation, China Petroleum, Bombay Dyeing, Petrovietnam Petrochemical and Textile Fiber Joint Stock Company and W. Barnet GmbH & Co. KG, among others.

Other key findings from the report suggest

By grade, polyethylene terephthalate (PET) held larger market share in 2018 and is expected to grow at a rate of 8.2% during the forecast period. The market dominance of this quality is due to the offer of properties of high strength and lightness.

By product type, solid polyester staple fiber contributed to a greater market share in 2020. It has substantial visual appeal, which finds use in clothing, home furnishings, non-woven fabrics and others. products. Besides, it has outstanding tensile strength, high durability and good workmanship.

By application, home furnishings held the second market share in 2020 and is expected to grow at a rate of 7.2% during the forecast period. Polyester staple fibers are used in household furnishings, which include upholstery, curtains, rugs and linens. Polyester fiber padding is frequently used in furniture and pillows as stuffing.

The Asia-Pacific region market contributed the largest market share in 2020 and is expected to grow at a rate of 8.1% during the forecast period. The market dominance of the APAC region is mainly due to the growth of textile and automotive industries in the region.

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For the purpose of this report, reports and data have segmented the global polyester staple fiber market on the basis of raw material, product type, application, and region:
Outlook Product Type
Solid
Hollow

Commodity outlook
Polyethylene terephthalate (PET)
Poly-1,4-cyclohexylene dimethylene (PCDT)
Others

Application prospects
Clothes
Furnishing
Automotive
Filtration
Others

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Regional perspectives
North America
Europe
Asia Pacific
Latin America
MEA

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