Fiber news

Polyester Staple Fiber (PSF) Market Expected to Grow USD 8.94 Billion | Potential Growth in Asia-Pacific to Drive Global Market Growth

the potential growth in APAC is notably driving the growth of the polyester staple fiber (PSF) market. However, factors such as commodity price fluctuations may challenge the growth of the market over the forecast period.

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Geographical analysis

By geography, the market is segmented into APAC, North America, Europe, South Americaand Middle East and Africa. APAC will account for 79% of the market growth over the forecast period. China, India, South Korea (Republic of Korea), and Taiwan are the key countries for the polyester staple fiber (PSF) market in APAC. PSF specialties will drive the growth of the polyester staple fiber (PSF) market in APAC region during the forecast period.

Segmentation by product (In-Scope/Out-of-Scope)

  • Scope:
    • Solid:

      Market vendors are expected to focus on capturing business opportunities from the strong segment of the product category, as it accounted for the largest market share during the reference year. Solid PSF is blended with a low melting or chemical two-component bond and is used to produce high loft batting, spun yarns and interlining. Yarns are used to make sewing and embroidery threads. Polyester-based yarns can be made from recycled or virgin PSF. Spun yarns that are used to knit fabrics can be waxed, and those used for weaving can be unwaxed.

  • Offscreen :

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Strong points-

  • Segmentation- the The report covers in detail market segmentation by product (solid and hollow), application (apparel, home furnishings, automotive, filtration and others) and geography (APAC, North America, Europe, South Americaand Middle East and Africa).
  • Key Companies- Alpek SAB de CV, China National Petroleum Corp., China Petrochemical Corp., Diyou Fiber M Sdn Bhd, Huvis, Indorama Ventures Public Co. Ltd., Reliance Industries Ltd., Toray Industries Inc., W. Barnet GmbH and Co. KG , and XINDA Corp., among others.
  • Driver- Growth potential in APAC
  • Challenge– Fluctuations in commodity prices

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Overview of Suppliers-

The Polyester Staple Fiber (PSF) market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The top offerings from a few vendors are listed below:

  • Alpek SAB CV – The company offers polyester staple fibers used in the spinning, weaving of nonwovens and for the fiber filling of cushions and sofas, under the DAK Americas brand.
  • China National Petroleum Corp. – Under the brand name of CNPC.
  • China Petrochemical Corp. – The company offers polyester staple fibers that are suitable for a wide range of applications, from bedding stuffing to industrial uses, construction and interior materials, including general industrial materials, under the SINOPEC Fiber brand.

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Polyester Staple Fiber (PSF) Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 6.00%

Market Growth 2021-2025

$8.94 billion

Market structure

Fragmented

Annual growth (%)

5.00

Regional analysis

APAC, North America, Europe, South America, Middle East and Africa

Successful market contribution

Asia-Pacific 79%

Main consumer countries

China, India, United States, South Korea (Republic of Korea) and Taiwan

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled companies

Alpek SAB de CV, China National Petroleum Corp., China Petrochemical Corp., Diyou Fiber M Sdn Bhd, Huvis, Indorama Ventures Public Co. Ltd., Reliance Industries Ltd., Toray Industries Inc., W. Barnet GmbH and Co. KG and XINDA Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Status Analysis for the Forecast Period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Abstract

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Solid – Market size and forecast 2020-2025
  • Trough – Market size and forecast 2020-2025
  • Market opportunity by product

Market segmentation by application

  • Market segments
  • Comparison by application
  • Clothing – Market size and forecast 2020-2025
  • Home Furnishings – Market size and forecast 2020-2025
  • Automotive – Market size and forecast 2020-2025
  • Filtration – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market Opportunity by Application

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Alpek SAB de CV
  • China National Petroleum Corp.
  • China Petrochemical Corp.
  • Diyou Fiber M Sdn Bhd
  • Huvis
  • Indorama Ventures Public Co. Ltd.
  • Reliance Industries Ltd.
  • Toray Industries Inc.
  • W. Barnet GmbH and Co. KG
  • XINDA Corp.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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