Transparency Market Research

Polyester Fiber Market to Be Valued at $110.86 Billion by 2019 : Transparency Market Research

Transparency Market Research has published a new report titled "Polyester Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" to its report store.


Albany, NY -- (SBWIRE) -- 09/19/2014 -- The global polyester fiber market is reported to grow at a CAGR of 8.6% from 2013 to 2019. The market shall be valued at $110.86 billion in 2019, after being placed at $62.46 billion in 2012. The demand recorded by the market in 2012 was 37.85 million tons.

All facts have been extracted from the research report titled “Polyester Fiber Market (Solid and Hollow) for Carpet & Rugs, Nonwoven Fabrics, Fiberfill and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019” by Transparency Market Research.

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The report places the soft fiber market as the largest in revenue generation at 83% of the market demand in 2012. It is expected to be the fastest growing sector because of its applicability in the areas of manufacturing, automobiles, aviation, marine technology, healthcare, and apparel.

The report states that the hollow fibers market is set to show some of the most promising opportunities in non-woven applications such as in medicine. The report recognizes the categories of solid and hollow in the polyester fiber market, based on product segment analysis.

According to the report, polyester fiber market can also be categorized through application into carpets and rugs, Fiberfill, non-woven fabrics, and other. Fiberfill was reported to be the largest segment in 2012. Non-woven fabric was the second largest, followed by carpets and rugs in third. The carpets and rugs sector in the polyester fiber market is expected to show the highest upcoming demand between 2013 and 2019, along with Fiberfill as well. An increasing demand for insulation is expected to propel these segments in the near future.

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The report recognizes the geographies of North America, Europe, Asia-Pacific, MENA, and the Rest of the World in the polyester fiber market. The Asia-Pacific region is set to show the fastest growth and the largest market in 2012. The trend is expected to continue through the coming few years. China produced 60% of the global polyester fiber production. The report cites urbanization, increasing disposable incomes, and industrialization as key drivers for the growth of the polyester fiber market in the Asia-Pacific region.

The report lists and provides exhaustive details on the keys players in the polyester fiber market, such as Jiangsu Sanfangxiang Group, Alpek S.A.B de C.V, Far Eastern New Century Corporation, Zhejiang Hengsheng Chemical Fiber Co., Ltd, Reliance Industries Limited, Sinopec Yizheng Chemical Fibre Company Limited, Tongkun Group, Indorama Ventures Public Company Limited, Zhejiang Hengyi Group Co. Ltd., Mossi Ghisolfi Group, and Nan Ya Plastics Corporation.

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