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Polyester staple fiber is a material produced from synthetic compound by polymerization of purified terephthalic acid (PTA) and mono ethylene glycol (MEG). A major factor driving growth of the global polyester staple fiber market is increasing adoption of polyester staple fibers by textile industry. In addition, rising demand from home furnishing, filtration, construction, and automotive industries is another factor fueling growth of the global market.

The global market is segmented on the basis of product type, origin, application, and region. On the basis of product type, the global market is segmented into solid, and hollow. The solid segment is expected to witness highest growth in the global market over the next 10 years. On the basis of origin, the global market is segmented into virgin, recycled, and blended. The virgin segment accounts for highest share in the global market and is expected to witness significant growth in terms of revenue in the global market over the next 10 years.

On the basis of application, the global market is segmented into apparel, home furnishing, automotive, filtration, and others. The others segment includes construction and personal care. The apparel segment is expected to witness highest growth in terms of revenue in the global market over the forecast period.

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On the basis of region, the global polyester staple fiber market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific accounts for highest share in terms of revenue in the global market and is expected to maintain its dominance during the forecast period. The North America market is expected to witness significant growth in the global market over the next 10 years.

Some of the key players in the global market are China Petroleum & Chemical Corporation, W. Barnet GmbH & Co. KG, Indorama Ventures Public Company Limited, Alpek S.A.B. de C.V., Diyou Fibre (M) Sdn. Bhd., Huvis Corporation, Reliance Industries Ltd., Toray Industries Inc., Xinda Corp., and Bombay Dyeing.

 

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