Market Overview:
The global fiber grade polyester chip market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for polyester staple fiber and filament from various end-use industries, such as textiles, automotive, and packaging. In terms of type, the super bright segment is projected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its superior properties such as brightness, colorfastness, and glossiness over other types of polyester chips. Geographically, Asia Pacific is expected to dominate the global fiber grade polyester chip market in terms of both value and volume during the forecast period.
Product Definition:
A fiber grade polyester chip is a type of polyester that is specifically designed for use in the production of textiles and other fiber-based products. Fiber grade polyester chip can be used to make everything from clothing to furniture cushions, and it has a number of important benefits compared to other types of polyesters. For one, it is highly durable and resistant to wear and tear, making it a good choice for products that will see heavy use. It also has excellent heat resistance, meaning that it will not melt or warp when exposed to high temperatures. Finally, fiber grade polyester chip is relatively affordable compared to some other types of plastics, making it an economical choice for manufacturers.
Semi Dull:
Semi dull is a type of fiber grade polyester resin that has been processed to remove approximately 50% of the resin from the fiber. It is used in various applications such as apparel, home furnishing, and industrial fibers. The growth factor for semi-dull is approximately 1.5 to 2 compared to standard polyester which has a growth factor around 4-6.
Full Bright:
Full bright or F- Bright is a type of high intensity discharge (HID) lighting where the light output is at its peak. It's used in fiber grade polyester chip manufacturing for various reasons such as to improve the color quality and uniformity of the fiber, to enhance contrast between different fibers, and also to provide better clarity in inspection.
Application Insights:
Polyester staple fiber was the leading application segment and accounted for over 60.0% of the total market volume in 2017. The product is widely used in textile industry as a polyester alternative to cotton owing to its superior properties such as abrasion resistance, high water absorption and lower cost of production. It is also expected to replace some percentage of cotton in various applications including women¢â‚¬â„¢s undergarments, men¢â‚¬â„¢s briefs and other sportswear due to its better fit compared to traditional cotton products.
The growing demand for fashion clothing with fashionable designs that appeal across all age groups coupled with increasing consumer spending capacity has been driving the demand for polyester staple fiber worldwide since past few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as apparel, sports goods & accessories, home furnishing and others. China is one of the largest producers and consumers of fiber grade polyester chipproducts in this region. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive industry expansion over the next eight years.
The Asia Pacific was followed by North America which accounted for a share of more than 20% in terms of revenue in 2017 owing to high product demand from major end-use industries such as apparel and home furnishing products among others.
Growth Factors:
- Increasing demand from textile and apparel industry
- Growing automotive sector
- Rising construction activities
- Rapid urbanization and industrialization in developing countries
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Grade Polyester Chip Market Research Report
By Type
Semi Dull, Full Bright, Super Bright, Others
By Application
Polyester Staple Fiber, Polyester Filament
By Companies
Libolon, Filatex, Kolon Industries, JBF Industries, Sinopec, Rudra Polyester, Zhejiang Jiabao New Fiber Group, Meher International, Zhejiang Guxiandao Polyester, Jiangsu Silk Group, Hengli Petrochemical, Pashupati Extrusions Pvt. Ltd., Dnh Spinners
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Grade Polyester Chip Market Report Segments:
The global Fiber Grade Polyester Chip market is segmented on the basis of:
Types
Semi Dull, Full Bright, Super Bright, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polyester Staple Fiber, Polyester Filament
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Libolon
- Filatex
- Kolon Industries
- JBF Industries
- Sinopec
- Rudra Polyester
- Zhejiang Jiabao New Fiber Group
- Meher International
- Zhejiang Guxiandao Polyester
- Jiangsu Silk Group
- Hengli Petrochemical
- Pashupati Extrusions Pvt. Ltd.
- Dnh Spinners
Highlights of The Fiber Grade Polyester Chip Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Semi Dull
- Full Bright
- Super Bright
- Others
- By Application:
- Polyester Staple Fiber
- Polyester Filament
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fiber Grade Polyester Chip Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fiber grade polyester chip is a type of fiber-reinforced polymer (FRP) made from high-quality, long staple fibers. FRPs are often used in applications where strength and durability are important, such as offshore oil and gas drilling platforms, bridges and wind turbines.
Some of the major players in the fiber grade polyester chip market are Libolon, Filatex, Kolon Industries, JBF Industries, Sinopec, Rudra Polyester, Zhejiang Jiabao New Fiber Group, Meher International, Zhejiang Guxiandao Polyester, Jiangsu Silk Group, Hengli Petrochemical, Pashupati Extrusions Pvt. Ltd., Dnh Spinners.
The fiber grade polyester chip market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiber Grade Polyester Chip Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fiber Grade Polyester Chip Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiber Grade Polyester Chip Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fiber Grade Polyester Chip Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fiber Grade Polyester Chip Market Size & Forecast, 2020-2028
4.5.1 Fiber Grade Polyester Chip Market Size and Y-o-Y Growth
4.5.2 Fiber Grade Polyester Chip Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Semi Dull
5.2.2 Full Bright
5.2.3 Super Bright
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Polyester Staple Fiber
6.2.2 Polyester Filament
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiber Grade Polyester Chip Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fiber Grade Polyester Chip Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Semi Dull
9.6.2 Full Bright
9.6.3 Super Bright
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Polyester Staple Fiber
9.10.2 Polyester Filament
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Semi Dull
10.6.2 Full Bright
10.6.3 Super Bright
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Polyester Staple Fiber
10.10.2 Polyester Filament
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Semi Dull
11.6.2 Full Bright
11.6.3 Super Bright
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Polyester Staple Fiber
11.10.2 Polyester Filament
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Semi Dull
12.6.2 Full Bright
12.6.3 Super Bright
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Polyester Staple Fiber
12.10.2 Polyester Filament
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Semi Dull
13.6.2 Full Bright
13.6.3 Super Bright
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Polyester Staple Fiber
13.10.2 Polyester Filament
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fiber Grade Polyester Chip Market: Competitive Dashboard
14.2 Global Fiber Grade Polyester Chip Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Libolon
14.3.2 Filatex
14.3.3 Kolon Industries
14.3.4 JBF Industries
14.3.5 Sinopec
14.3.6 Rudra Polyester
14.3.7 Zhejiang Jiabao New Fiber Group
14.3.8 Meher International
14.3.9 Zhejiang Guxiandao Polyester
14.3.10 Jiangsu Silk Group
14.3.11 Hengli Petrochemical
14.3.12 Pashupati Extrusions Pvt. Ltd.
14.3.13 Dnh Spinners
