Fiber material

The Polyester Staple Fiber and Filament Yarn Market Size is Expected to Reach a Valuation of Around USD 126.00 Billion by 2027

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Polyester Staple Fiber and Filament Yarn Market Size – USD 64.10 Billion in 2018 | 7.7% CAGR. Growth of the textile industry, especially in emerging economies

NEW YORK CITY, NY, USA, Jan. 28, 2022 / — The market for polyester staple fibers and filament yarns is expected to reach $126.00 billion by 2027, according to a new report from Reports and Data.

The increasing use in the textile industry is expected to drive the growth of the market in the coming years. Polyester staple fibers and filament yarns possess good elasticity, shape retention, wrinkle resistance, outstanding wash and wear performance, washability and longevity, among others, and therefore find wide application in various kinds of clothing fabrics. It is used to make fashionable dresses, weatherproof clothes and is a favorite material for children’s clothing. Polyester staple fibers are frequently blended with other fibers such as cotton, to achieve the combined benefits of both materials. It offers better tear resistance compared to cotton or other materials used in the manufacture of clothing items.

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Growing demand from the construction industry is expected to boost market demand. Polyester fiber reinforced concrete (PFRC) is used in cement concrete pavement materials. Polyester fibers are resistant to alkaline attack and PFRC finds use as coatings and in pavement grade concrete. Fiber application can result in a cement saving of almost 10.0%, and with fly ash the cement saving can be increased to around 35.0%. Polyester filament yarns, due to their non-biodegradable property, are used in cement concrete road works, thus contributing to the preservation of the environment.

In addition, polyester staple fibers and filament yarns find widespread application in the manufacture of furniture and upholstery, as well as in the manufacture of carpets for residential and household purposes, and ropes for residential applications. , among others.

Major participants are Tongkun Group Co. Ltd., Shenghong Corp., Xin Feng Ming Group, Reliance Industries Ltd., Reliance Industries Ltd., William Barnet & Son LLC, Sarla Performance Fibers, Indorama Ventures Public Company Limited, Polyfibre Industries, Toray Industries Inc., and GreenFiber International SA, among others.

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Other key findings from the report suggest

By type, filament yarn contributed a larger market share in 2018 and is expected to grow at a rate of 7.6% over the forecast period. Polyester filament yarns can be used to make ropes, seat belts, conveyor belts and tire fabrics.

By material, polyethylene terephthalate (PET) held a larger market share in 2018 and is expected to grow at a rate of 8.0% over the forecast period. The market dominance of this grade is due to the offering of high strength and lightweight properties.

By product, solid products contributed greater market share in 2018. It has substantial visual appeal, which finds use in garments, home furnishings, non-woven fabrics, and other products. In addition, it has exceptional tensile strength, high durability and a good finish.

By application, rugs and carpets are estimated to witness a significant growth rate over the forecast period, owing to the increasing demand for rugs and carpets in residential and commercial buildings.

The North American market, led by the United States, held the second largest market share in 2018 and is expected to grow at a rate of 6.9% over the forecast period.

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For the purposes of this report, the reports and data have segmented the global polyester staple fiber and filament yarn market on the basis of type, material, product, application and region:

Type Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
staple fiber
filament yarn

Application Outlook (Volume, Kilotons; 2016-2027 and Revenue, USD Million; 2016-2027)
Rugs & Carpets
Non-woven fabrics
Household linen

Regional Outlook (Volume, Kilotons; 2016-2027 and Revenue, USD Million; 2016-2027)
North America
Asia Pacific
Latin America

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Key Features of the Global Polyester Staple Fiber and Filament Yarn Market Research Report:

The research report offers a detailed overview of the Polyester Staple Fiber and Filament Yarns market through an in-depth examination of key market characteristics.
The report provides accurate estimates and forecasts for the period 2021-2027
In-depth regional analysis and overview of regions expected to show promising growth over the forecast period
Comprehensive analysis of the competitive landscape along with their financial condition, regional reach, global position and strategic expansion tactics they have undertaken
Analysis of recent developments and product advancements in the market

Thank you for reading our report. Customization of this report is available as per customer requirement. Please contact us to find out more and our team will make sure the report is well-tailored to meet your needs.

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