Market Overview:
The global polyester fibres market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polyester staple fibre (PSF) and polyester filament yarn (PFY) from various applications such as apparel, home furnishings, industrial, non-woven and others. In terms of region, Asia Pacific is expected to lead the market with highest CAGR during the forecast period followed by Europe and North America. Some of the key players operating in this market are Indorama Ventures Public Company Limited (Thailand), Reliance Industries Limited (India), China National BlueStar Corporation Ltd.
Product Definition:
A synthetic fiber made from a polymer of ethylene glycol and terephthalic acid, used especially for clothing.
Polyester Staple Fibre (PSF):
Polyester staple fibre (PSF) is a type of synthetic textile fiber produced from chemical synthesis. It has several properties such as high strength, abrasion resistance, and easy dyeing & washing which make it suitable for use in apparel and other textiles industries. Polyester staple fibres are used to manufacture clothing, home furnishings and industrial products like carpets and seat belts.
Polyester Filament Yarn (PFY):
Polyester filament yarn (PFY) is a type of synthetic yarn that is made from polyester fibers. It has high strength and durability which makes it suitable for use in various applications such as apparel, home furnishing, industrial fabrics, etc. The growing demand for performance clothing among sports enthusiasts and athletes is expected to be the key factor driving the global Polyester Fibres market over the forecast period.
Application Insights:
The apparel application segment led the global polyester fibres market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. Polyester staple fibre (PSF) is widely used in women¢â‚¬â„¢s, men¢â‚¬â„¢s and children¢â‚¬™ clothing as it provides excellent drape, texture and shape retention ability. It has been observed that fashion designers are particularly opting for this type of textile for designing their collections due to its versatility to create different silhouettes and designs.
Polyester filament yarn (PFY) finds applications in various industries including construction, automotive, medical textiles among others owing to its high strength-to-weight ratio which makes it suitable for use as structural components or wires among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the region can be attributed to rising product demand from countries such as China, India, Japan and South Korea. Increasing population in these countries has led to an increase in consumer spending on apparels including jackets, pants, blouses, sportswear and others. This trend is anticipated to drive product demand further over the next eight years.
The apparel industry accounts for a major share of global exports from developing economies such as China and India owing to their low production costs coupled with high availability of skilled workforce at a domestic level resulting in lower export prices for manufacturers located outside Asia Pacific region (North America & Europe). These factors are anticipated drive polyester staple fibre consumption from North America & Europe regions over the forecast period.
Growth Factors:
- Increasing demand from the apparel industry: The global apparel market is expected to grow at a CAGR of 3.8% from 2016 to 2021. This will lead to an increase in demand for polyester fibres, as they are used extensively in the manufacture of clothing items.
- Growing popularity of synthetic fabrics: Polyester fibres are synthetic fabrics and as such, they are becoming increasingly popular among consumers due to their many benefits over natural fabrics such as cotton.
- Rising disposable income levels: With rising disposable income levels, consumers are able to afford more expensive clothing items made with polyester fibres that offer better quality and durability than those made with natural fabrics.
- Technological advancements: The development of new technologies has led to the introduction of innovative polyester fibre products that offer better performance and durability than traditional products. This is likely to fuel growth in the global polyester fibres market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyester Fibres Market Research Report
By Type
Polyester Staple Fibre (PSF), Polyester Filament Yarn (PFY)
By Application
Apparel, Home Furnishings, Industrial, Non-woven, Other
By Companies
Tongkun Group, Reliance, Zhejiang Hengyi Group, Shenghong, Xin Feng Ming Group, Hengli Group, Billion Industrial, Jiangsu Sanfangxiang Group, Nanya, Rongsheng PetroChemical, Tongkun Group, Zhejiang GuXianDao Industrial Fiber, Far Eastern New Century, DAK Americas, Advansa, Lealea Group, Petrovietnam Petrochemical and Textile Fiber Joint Stock Company, Wellman
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Polyester Fibres Market Report Segments:
The global Polyester Fibres market is segmented on the basis of:
Types
Polyester Staple Fibre (PSF), Polyester Filament Yarn (PFY)
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
Apparel, Home Furnishings, Industrial, Non-woven, Other
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:
- Tongkun Group
- Reliance
- Zhejiang Hengyi Group
- Shenghong
- Xin Feng Ming Group
- Hengli Group
- Billion Industrial
- Jiangsu Sanfangxiang Group
- Nanya
- Rongsheng PetroChemical
- Tongkun Group
- Zhejiang GuXianDao Industrial Fiber
- Far Eastern New Century
- DAK Americas
- Advansa
- Lealea Group
- Petrovietnam Petrochemical and Textile Fiber Joint Stock Company
- Wellman
Highlights of The Polyester Fibres 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:
- Polyester Staple Fibre (PSF)
- Polyester Filament Yarn (PFY)
- By Application:
- Apparel
- Home Furnishings
- Industrial
- Non-woven
- Other
- 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 Polyester Fibres 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?
Polyester fibres are made from a polymer that is repeatedly stretched and then cut. The resulting fibres are strong, durable, and resistant to water, dirt, and other elements.
Some of the key players operating in the polyester fibres market are Tongkun Group, Reliance, Zhejiang Hengyi Group, Shenghong, Xin Feng Ming Group, Hengli Group, Billion Industrial, Jiangsu Sanfangxiang Group, Nanya, Rongsheng PetroChemical, Tongkun Group, Zhejiang GuXianDao Industrial Fiber, Far Eastern New Century, DAK Americas, Advansa, Lealea Group, Petrovietnam Petrochemical and Textile Fiber Joint Stock Company, Wellman.
The polyester fibres market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyester Fibres 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 Polyester Fibres Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyester Fibres 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 Polyester Fibres 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 Polyester Fibres Market Size & Forecast, 2018-2028
4.5.1 Polyester Fibres Market Size and Y-o-Y Growth
4.5.2 Polyester Fibres Market Absolute $ Opportunity
Chapter 5 Global Polyester Fibres 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 Polyester Fibres Market Size Forecast by Type
5.2.1 Polyester Staple Fibre (PSF)
5.2.2 Polyester Filament Yarn (PFY)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyester Fibres 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 Polyester Fibres Market Size Forecast by Applications
6.2.1 Apparel
6.2.2 Home Furnishings
6.2.3 Industrial
6.2.4 Non-woven
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyester Fibres 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 Polyester Fibres 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 Polyester Fibres Analysis and Forecast
9.1 Introduction
9.2 North America Polyester Fibres 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 Polyester Fibres Market Size Forecast by Type
9.6.1 Polyester Staple Fibre (PSF)
9.6.2 Polyester Filament Yarn (PFY)
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 Polyester Fibres Market Size Forecast by Applications
9.10.1 Apparel
9.10.2 Home Furnishings
9.10.3 Industrial
9.10.4 Non-woven
9.10.5 Other
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 Polyester Fibres Analysis and Forecast
10.1 Introduction
10.2 Europe Polyester Fibres 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 Polyester Fibres Market Size Forecast by Type
10.6.1 Polyester Staple Fibre (PSF)
10.6.2 Polyester Filament Yarn (PFY)
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 Polyester Fibres Market Size Forecast by Applications
10.10.1 Apparel
10.10.2 Home Furnishings
10.10.3 Industrial
10.10.4 Non-woven
10.10.5 Other
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 Polyester Fibres Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyester Fibres 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 Polyester Fibres Market Size Forecast by Type
11.6.1 Polyester Staple Fibre (PSF)
11.6.2 Polyester Filament Yarn (PFY)
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 Polyester Fibres Market Size Forecast by Applications
11.10.1 Apparel
11.10.2 Home Furnishings
11.10.3 Industrial
11.10.4 Non-woven
11.10.5 Other
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 Polyester Fibres Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyester Fibres 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 Polyester Fibres Market Size Forecast by Type
12.6.1 Polyester Staple Fibre (PSF)
12.6.2 Polyester Filament Yarn (PFY)
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 Polyester Fibres Market Size Forecast by Applications
12.10.1 Apparel
12.10.2 Home Furnishings
12.10.3 Industrial
12.10.4 Non-woven
12.10.5 Other
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) Polyester Fibres Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyester Fibres 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) Polyester Fibres Market Size Forecast by Type
13.6.1 Polyester Staple Fibre (PSF)
13.6.2 Polyester Filament Yarn (PFY)
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) Polyester Fibres Market Size Forecast by Applications
13.10.1 Apparel
13.10.2 Home Furnishings
13.10.3 Industrial
13.10.4 Non-woven
13.10.5 Other
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 Polyester Fibres Market: Competitive Dashboard
14.2 Global Polyester Fibres Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tongkun Group
14.3.2 Reliance
14.3.3 Zhejiang Hengyi Group
14.3.4 Shenghong
14.3.5 Xin Feng Ming Group
14.3.6 Hengli Group
14.3.7 Billion Industrial
14.3.8 Jiangsu Sanfangxiang Group
14.3.9 Nanya
14.3.10 Rongsheng PetroChemical
14.3.11 Tongkun Group
14.3.12 Zhejiang GuXianDao Industrial Fiber
14.3.13 Far Eastern New Century
14.3.14 DAK Americas
14.3.15 Advansa
14.3.16 Lealea Group
14.3.17 Petrovietnam Petrochemical and Textile Fiber Joint Stock Company
14.3.18 Wellman
