Polyester staple fiber (PSF) market is anticipated to grow at a CAGR during the forecast period. Polyester is the most economical and quality fiber used in textiles, and other end-user industries. Polymer is obtained by polymerization of purified terephthalic acid (PTA) and monoethylene glycol (MEG). PSF can be blended with natural fibers like cotton and wool, and synthetic fibers like rayon to manufacture polyester blended yarns. The increasing demand for PSF from end-user verticals such as automotive, apparel, home furnishing, filtration, and others, is the major factor driving the growth of the market. In addition, PSF possesses numerous properties such as high strength, heat resistance, elasticity, wrinkle resistance, abrasion resistance, long durability, among others, owing to these properties, they are largely adopted in apparel, textiles, and automotive, and home furnishing industries.
Furthermore, growing concern regarding the environment, and availability of cost-effective PSF coupled with different varieties, patterns, and colours as compared to that of cotton, which has increased the utilization of PSF in the market due to which market is showing impressive growth. However, high expenditure requirements on R&D activities related to PSF may hamper the market growth.
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Polyester staple fiber Market Segmentation
By Origin
- Virgin
- Recycled
- Blended
- By Product
- Solid
- Hollow
- Others
By Application
- Apparel
- Automotive
- Home Furnishing
- Filtration
- Personal Care & Hygiene
- Electrical & Electronics
A full Report of Polyester Staple Fiber Market is Available @ https://www.omrglobal.com/industry-reports/polyester-staple-fiber-market
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Alpek, S.A.B. de C.V.,
- Bombay Dyeing & Manufacturing Company Ltd
- China National Petroleum Corp
- Diyou Fibre (M) Sdn Bhd.,
- Far Eastern New Century Corp
- Huvis Corp
- Indorama Corp
- Petrovietnam Petrochemical
- Reliance Industries Ltd
- Shubhalakshmi Polyester Ltd
- The China National Petroleum Corp
- Toray Chemical Korea, Inc.,
- Toray Industries Inc
- Textile Fiber Joint Stock Co
- Barnet GmbH & Co. KG,
- Xinda Corp.,
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
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Article source: https://article-realm.com/article/Business/63505-Polyester-Staple-Fiber-Market-is-Dazzling-Worldwide-and-Forecast-to-2031.html
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