Polyester Staple Fiber (PSF) Market to Grow by USD 8.94 billion | Potential Growth in APAC to Drive Global Market Growth | Technavio

Learn More about Key Driver & Challenge of the Market-

The potential growth in APAC is notably driving the polyester staple fiber (PSF) market growth. However, factors such as fluctuations in the prices of raw materials may challenge the market growth during the forecast period.

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Geographical Analysis

By geography, the market is segmented into APAC, North America, Europe, South America, and Middle East and Africa. APAC will account for 79% of the market's growth during the forecast period. China, India, South Korea (Republic of Korea), and Taiwan are the key countries for the polyester staple fiber (PSF) market in APAC. Specialties of PSF will drive the polyester staple fiber (PSF) market growth in APAC during the forecast period.

Segmentation by product (In-Scope/Out-of-Scope)

• In-Scope:

Solid: The market vendors should focus on grabbing business opportunities from the solid segment under product category, as it accounted for the largest market share in the base year. Solid PSF is blended with a bicomponent low-melt or chemical bond and is used to produce high loft wadding, spun yarns, and interlining. Spun yarns are used to manufacture sewing and embroidery threads. Polyester-based spun yarns can be made from recycled or virgin PSF. Spun yarns that are used for knitting fabrics can be waxed, and those used for weaving can be unwaxed.

• Out-of-Scope:

Hollow

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Highlights-

• Segmentation- The report extensively covers market segmentation by product (solid and hollow), application (apparel, home furnishing, automotive, filtration, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

• Key Companies- Alpek SAB de CV, China National Petroleum Corp., China Petrochemical Corp., Diyou Fibre M Sdn Bhd, Huvis, Indorama Ventures Public Co. Ltd., Reliance Industries Ltd., Toray Industries Inc., W. Barnet GmbH and Co. KG, and XINDA Corp., among others.

• Driver- Potential growth in APAC

• Challenge- Fluctuations in the prices of raw materials

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Vendor Insights-

The polyester staple fiber (PSF) market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The key offerings of a few vendors are listed below:

• Alpek SAB de CV -  The company offers polyester staple fibers that are used in spinning, weaving non-woven, and for fiber fillings in cushions and sofa, under the brand name of DAK Americas.

• China National Petroleum Corp. - The company offers polyester staple fibers that are widely used in automobiles, buildings, electronics, pharmaceuticals, printing, household appliances, daily chemicals, insulating materials, packing, papermaking, textile, pigments, shoes, furniture manufacturing, and many more, under the brand name of CNPC.

• China Petrochemical Corp. - The company offers polyester staple fibers that are suitable for a wide range of applications, from bedding fiberfill to industrial, construction, and interior material uses, including general industrial materials, under the brand name of SINOPEC Fibre.

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Table of Contents

Executive Summary

Market Landscape

• Market ecosystem

• Value chain analysis

Market Sizing

• Market definition

• Market segment analysis

• Market size 2020

• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers

• Bargaining power of suppliers

• Threat of new entrants

• Threat of substitutes

• Threat of rivalry

• Market condition

Market Segmentation by Product

• Market segments

• Comparison by Product

• Solid - Market size and forecast 2020-2025

• Hollow - Market size and forecast 2020-2025

• Market opportunity by Product

Market Segmentation by Application

• Market segments

• Comparison by Application

• Apparel - Market size and forecast 2020-2025

• Home furnishing - Market size and forecast 2020-2025

• Automotive - Market size and forecast 2020-2025

• Filtration - Market size and forecast 2020-2025

• Others - Market size and forecast 2020-2025

• Market opportunity by Application

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation

• Geographic comparison

• APAC - Market size and forecast 2020-2025

• North America - Market size and forecast 2020-2025

• Europe - Market size and forecast 2020-2025

• South America - Market size and forecast 2020-2025

• MEA - Market size and forecast 2020-2025

• Key leading countries

• Market opportunity by geography

• Market drivers

• Market challenges

• Market trends

Vendor Landscape

• Vendor landscape

• Landscape disruption

Vendor Analysis

• Vendors covered

• Market positioning of vendors

• Alpek SAB de CV

• China National Petroleum Corp.

• China Petrochemical Corp.

• Diyou Fibre M Sdn Bhd

• Huvis

• Indorama Ventures Public Co. Ltd.

• Reliance Industries Ltd.

• Toray Industries Inc.

• W. Barnet GmbH and Co. KG

• XINDA Corp.

Appendix

• Scope of the report

• Currency conversion rates for US$

• Research methodology

• List of abbreviations