Polyester Fibers Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Polyester fibers are made from polyethylene terephthalate (PET) that is either recycled or virgin (PET). Because of its low cost, recyclability, adaptability, elasticity, high strength, easy stretching ability, and excellent resistance to wrinkles, abrasion, and fungus, it has become the most used fiber in the textile industry. These fibers are hydrophobic and dry quickly, and they can also be used as insulation in the form of hollow fibers. It can take more wear and tear than cotton and other textiles, and it keeps its shape even in adverse weather. Dope dyeing or pigmentation can be used to color these fibers.

MARKET DYNAMICS

The global polyester fibers market is expected to rise as demand for carpets, rugs, and mattresses in residential and commercial flooring solutions grows. In addition, rising demand for the product from a variety of end-use applications including as homes, hospitals, automobiles, electronics, and construction is expected to propel the market forward. The growing use of polyester fibers in medical applications presents market participants with numerous prospects. Furthermore, technological developments and expanding R&D facilities present market participants with lucrative potential.

MARKET SCOPE

The "Global Polyester Fiber Market Analysis to 2031" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the polyester fiber market with detailed market segmentation based on product and application. The global polyester fiber market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyester fiber market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global Polyester fiber market is segmented into product and application. By product, the polyester fiber market is classified into polyester staple fiber (PSF), polyester filament yarn (PFY), and others. By application, the polyester fiber market is classified into carpets & rugs, non-woven fabrics, apparels, home textiles, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global polyester fiber market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The polyester fiber market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the polyester fiber market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the polyester fiber in these regions.

MARKET PLAYERS

The report covers vital developments in the polyester fiber as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the polyester fiber are anticipated to lucrative growth opportunities in the future with the rising demand for Polyester fiber in the global market. Below mentioned is the list of few companies engaged in the polyester fiber market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyester fiber market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

- Stein Fibers, LTD.
- Estal
- Reliance Industries Limited
- TORAY INDUSTRIES, INC.
- Nirmal Fibres (P) Ltd.
- Tongkun Group Co., Ltd.
- Indorama Ventures Public Company Limited
- Shenghong Corp
- Green Group SA
- Märkische Faser GmbH

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Polyester Fibers Report Scope