Market Overview:
The global textile grade polyester chips 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 the textile industry. In terms of type, the super bright segment is expected to witness highest growth during the forecast period. This can be attributed to its properties such as high brightness, whiteness, and purity which are in high demand from various end-use applications such as textiles, automotive interiors, and packaging films. Asia Pacific is expected to dominate the global textile grade polyester chips market during the forecast period owing to rising demand for textiles from countries such as China and India.
Product Definition:
A textile grade polyester chip is a type of polyester that is specifically designed for use in the manufacture of textiles. Textile grade polyester chips are important because they provide a high-quality, durable fabric that can be used in a variety of applications.
Semi Dull:
Semi dull is a type of polyester fiber that has been processed to remove the color, but not the brightness or brillance. It is used in textile grade polyester chips for clothing and other industrial uses. The growth factor for semi-dull textiles grade polyester chips market is expected to be high demand from emerging economies such as China and India due to rising population coupled with rapid industrialization.
Full Bright:
Full bright or F.B. is a type of lighting where the light source is positioned so that all the fibers in the fabric receive an equal amount of light, and as a result, it gives an even illumination on every fiber making them appear bright and clean.
Application Insights:
Polyester staple fiber was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Polyester staple fibers are used for manufacturing textile fabrics, which are further processed to create consumer goods such as clothing, towels, etc. The demand for polyester staple fiber is expected to be driven by its applications in construction and automotive industries.
Polyester filament emerged as the second-largest application segment in 2017 and accounted for a market share of 26%. Filamentous products have excellent tensile strength along with high resistance against abrasion & heat. They can also be easily dyed & printed making them an ideal choice when it comes to fashion trends & designs among consumers globally. These factors are likely to drive product demand from end-use industries such as textiles and apparel over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to cheap labor costs, availability of raw materials, and high economic growth rates. China emerged as the leading producer and consumer in this region due to easy access to capital goods, land resources, energy sources, etc.
The demand for textile grade polyester chips from Europe is anticipated to grow at a significant rate over the forecast period on account of rising product applications in various end-use industries including automotive & transportation equipment manufacturing; packaging; electrical & electronics industry; furniture making; apparel printing/dying/finishing etc. In addition European Union (EU) has imposed restrictions on imports from non-EU countries which has led domestic manufacturers like BASF SE.; FLEXAL SISTEMI DIFFERENZIATRICI SpA.; KRAUSS GmbH & Co.; OMRON Corporation etc.
Growth Factors:
- Growing demand from the automotive and apparel industries
- Increasing use of polyester chips in nonwoven fabrics
- Rising demand for lightweight and durable materials in automotive applications
- Growing popularity of polyester-based composites in construction industry
- Proliferation of new applications for polyester chips across different end-use segments
Scope Of The Report
Report Attributes
Report Details
Report Title
Textile Grade Polyester Chips 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
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Textile Grade Polyester Chips Market Report Segments:
The global Textile Grade Polyester Chips 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 Textile Grade Polyester Chips 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 Textile Grade Polyester Chips 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
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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?
Textile grade polyester chips are made from recycled polyester materials. They are a type of environmental friendly product.
Some of the major companies in the textile grade polyester chips 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 textile grade polyester chips 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 Textile Grade Polyester Chips 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 Textile Grade Polyester Chips Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Textile Grade Polyester Chips 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 Textile Grade Polyester Chips 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 Textile Grade Polyester Chips Market Size & Forecast, 2020-2028 4.5.1 Textile Grade Polyester Chips Market Size and Y-o-Y Growth 4.5.2 Textile Grade Polyester Chips 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 Textile Grade Polyester Chips 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 Textile Grade Polyester Chips 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 Textile Grade Polyester Chips Market: Competitive Dashboard
14.2 Global Textile Grade Polyester Chips 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