Market Overview:
The global polyethylene terephthalate (PET) fiber market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in the market can be attributed to the increasing demand for PET fiber from various end-use industries, such as apparel, home furnishing, industrial and others. In terms of type, staple fiber is expected to account for a larger share in the global PET fiber market during the forecast period. This can be attributed to its low cost and easy availability as compared to filament yarn.
 Fiber Industry Outlook.svg)
Product Definition:
Polyethylene terephthalate (PET) is a synthetic fiber made from polyethylene terephthalate, a polymer of ethylene glycol and terephthalic acid. It is used to make clothing, carpets, and other textiles.
Staple Fiber:
Staple fiber is the basic raw material used for manufacturing PET fibers. It is a long, thin, flexible fiber that can be drawn from natural sources or manufactured from chemicals. Staple fibers are available in various forms such as roving, yarns and strips and they are extensively used by manufacturers of textiles and apparel to produce high-quality products at low costs.
Filament Yarn:
Filament yarn is a type of monofilament yarn that is widely used in the manufacturing of PET fibers. It has high tensile strength and abrasion resistance properties which make it suitable for use in the fiberglass industry. The product can be manufactured from any polymer, however polyester filament yarns are most commonly used owing to their excellent properties as compared to other types of monofilaments available today.
The global filament yarn.
Application Insights:
The other application segment includes food and beverage, packaging, automotive and construction. Apparel emerged as the largest application segment in 2017 with a market share of over 35%. The growing demand for lightweight and moisture-proof fabrics is expected to drive the growth of this application over the forecast period.
PET fiber is used in manufacturing apparel including T-shirts, polo t-shirts, hoodies, tracksuits pants etc. owing to its superior properties such as high strength against abrasion & impact resistance which make it suitable for use in sportswear applications. Moreover, these fibers offer UV protection to colors which further enhances their demand in sportswear manufacturing thereby driving their consumption globally over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of emerging economies, such as China and India, coupled with favorable government regulations regarding manufacturing facilities has led to an increase in regional demand for polyester staple fiber.
The growth of apparel industry owing to increasing population has resulted in increased production of clothing items from developing countries such as China and India. Growing consumer awareness regarding health & hygiene issues due to changing lifestyles along with rising disposable income levels are some major factors driving product demand from end-use industries across Asia Pacific region.
Europe was the second largest market for global PET fiber consumption followed by North America owing to growing product applications across various end-use industries including home furnishing, industrial goods, medical textiles among others which are anticipated would drive regional growth over the forecast period.
Growth Factors:
- Increasing demand from the textile industry for PET fiber as a replacement for traditional fibers such as cotton and wool.
- Growing popularity of PET fiber in sportswear and other activewear due to its high breathability and moisture wicking properties.
- Rising demand from the automotive sector for PET fiber-based insulation materials in vehicles to improve fuel efficiency.
- Increasing use of PET fiber in packaging applications due to its lightweight, durable, and shatterproof properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyethylene Terephthalate (PET) Fiber Market Research Report
By Type
Staple Fiber, Filament Yarn
By Application
Apparel, Home Furnishing, Industrial, Other
By Companies
Toray Industries, Teijin, Indorama Ventures, Alpek S.A.B., Sinopec, Reliance Industries, Zhejiang Hengyi, W. Barnet, Ganesha Ecosphere, Bombay Dyeing
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Polyethylene Terephthalate (PET) Fiber Market Report Segments:
The global Polyethylene Terephthalate (PET) Fiber market is segmented on the basis of:
Types
Staple Fiber, Filament Yarn
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 Furnishing, Industrial, 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:
- Toray Industries
- Teijin
- Indorama Ventures
- Alpek S.A.B.
- Sinopec
- Reliance Industries
- Zhejiang Hengyi
- W. Barnet
- Ganesha Ecosphere
- Bombay Dyeing
 Fiber Market Overview.svg)
Highlights of The Polyethylene Terephthalate (PET) Fiber 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:
- Staple Fiber
- Filament Yarn
- By Application:
- Apparel
- Home Furnishing
- Industrial
- 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 Polyethylene Terephthalate (PET) Fiber 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
 Fiber Market Statistics.svg)
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?
PET fiber is a type of synthetic fiber made from PET plastic. It has many uses, including as a material for clothing and other products.
Some of the key players operating in the polyethylene terephthalate (pet) fiber market are Toray Industries, Teijin, Indorama Ventures, Alpek S.A.B., Sinopec, Reliance Industries, Zhejiang Hengyi, W. Barnet, Ganesha Ecosphere, Bombay Dyeing.
The polyethylene terephthalate (pet) fiber market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyethylene Terephthalate (PET) Fiber 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 Polyethylene Terephthalate (PET) Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyethylene Terephthalate (PET) Fiber 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 Polyethylene Terephthalate (PET) Fiber 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 Polyethylene Terephthalate (PET) Fiber Market Size & Forecast, 2020-2028
4.5.1 Polyethylene Terephthalate (PET) Fiber Market Size and Y-o-Y Growth
4.5.2 Polyethylene Terephthalate (PET) Fiber 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 Staple Fiber
5.2.2 Filament Yarn
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 Apparel
6.2.2 Home Furnishing
6.2.3 Industrial
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyethylene Terephthalate (PET) Fiber 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 Polyethylene Terephthalate (PET) Fiber 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 Staple Fiber
9.6.2 Filament Yarn
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 Apparel
9.10.2 Home Furnishing
9.10.3 Industrial
9.10.4 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 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 Staple Fiber
10.6.2 Filament Yarn
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 Apparel
10.10.2 Home Furnishing
10.10.3 Industrial
10.10.4 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 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 Staple Fiber
11.6.2 Filament Yarn
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 Apparel
11.10.2 Home Furnishing
11.10.3 Industrial
11.10.4 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 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 Staple Fiber
12.6.2 Filament Yarn
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 Apparel
12.10.2 Home Furnishing
12.10.3 Industrial
12.10.4 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) 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 Staple Fiber
13.6.2 Filament Yarn
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 Apparel
13.10.2 Home Furnishing
13.10.3 Industrial
13.10.4 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 Polyethylene Terephthalate (PET) Fiber Market: Competitive Dashboard
14.2 Global Polyethylene Terephthalate (PET) Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray Industries
14.3.2 Teijin
14.3.3 Indorama Ventures
14.3.4 Alpek S.A.B.
14.3.5 Sinopec
14.3.6 Reliance Industries
14.3.7 Zhejiang Hengyi
14.3.8 W. Barnet
14.3.9 Ganesha Ecosphere
14.3.10 Bombay Dyeing
