Polyester Staple Fiber Market
Polyester Staple Fiber Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Solid, Hollow
- By Origin Virgin, Recycled, Blended
- By Application Automotive, Home Furnishing, Apparel, Filtration, Others
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 28.60 Billion |
Revenue 2030: | USD 45.29 Billion |
Revenue CAGR (2023 - 2030): | 5.91% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Polyester Staple Fiber Market by Product by Origin by Application by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
In the primary research process, the information gained/procured from the secondary data sources is validated after primary interviews with industry experts across the Polyester Staple Fiber supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Polyester Staple Fiber market size at regional and country level
- Strategic analysis of Product, Origin, and Application
- Key industry players and their market share
- Understanding market developments, future growth prospects, and upcoming challenges
Data Triangulation and Market Size Estimations
After the complete market engineering process and arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Polyester Staple Fiber market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Polyester Staple Fiber market.
FAQ
Frequently Asked Question
What is the global demand for Polyester Staple Fiber in terms of revenue?
-
The global Polyester Staple Fiber valued at USD 28.60 Billion in 2022 and is expected to reach USD 45.29 Billion in 2030 growing at a CAGR of 5.91%.
Which are the prominent players in the market?
-
The prominent players in the market are Toray Chemical Korea, Inc., W. Barnet GmbH & Co. KG, Alpek, S.A.B. de C.V., Reliance Industries Limited, Diuou Fibre (M) Sdn Bhd., Huvis Corporation, Indorama Corporation, Xinda Corp., China National Petroleum Corporation, Bombay Dyeing, PetroVietnam Petrochemical, and Textile Fiber Joint Stock Company..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.91% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Polyester Staple Fiber include
- Increasing Automotive Production
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Polyester Staple Fiber in 2022.