Staple Fiber Market Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and Industry Forecast, Global Opportunity Analysis 2016-2023 and Industry Forecast, 2017-2023
STAPLE FIBERS MARKET
"Staple Fibers Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023,"Â the staple fibers market was valued at $161,591 million in 2016, and is projected to reach $206,919 million by 2023, growing at a CAGR of 3.6% from 2017 to 2023. The cotton segment accounted for more than half of the global market in 2016. Staple fiber can be defined as a fiber of discrete length of any composition, which can be drawn into yarn and can be both natural and synthetic. Staple fibers are synthetic fibers majorly comprising a polyester. They are made from PET or PTA sheets or from recycled PET bottle flakes. Staple fibers made from PTA or PET are called as virgin staple fibers, whereas those made from recycled PET bottle flakes are known as recycled staple fibers. Staple fibers are widely used in textile, automotive, and furniture industries.
STAPLE FIBERS MARKET
Staple fibers are widely used in applications such as construction, apparel, automotive, home furnishing and filtration among others. The yarns of long staple fibers are ideal to manufacture heavyuse objects such as coats, blankets, wrap threads, carpets, and rugs, which has fueled the demand for staple fibers, thereby driving the market growth. Moreover, rise in demand for winter clothing especially across the colder regions has supplemented the demand for staple fibers. In addition, increase in sales of automobiles has accelerated the demand for staple fibers, as they are used in car fabrics such as seats and seat covers. Moreover, increase in use of staple fibers in construction activities due to significant temperature stability and improvement in tensile & shear properties fuel the growth of the market. However, volatile prices of raw materials hamper the market growth. The cotton segment accounted for around half of the global market, in terms of volume, in 2016. The demand of staple fibers has increased due to increase in use of staple fibers in the automotive industry. Thus, increase in requirement of synthetic staple fibers in automotive upholstery and rise in adoption of new fibers, especially in apparels and clothing, drive the market growth.
STAPLE FIBERS MARKET Key Benefits: • The report provides extensive qualitative & quantitative analyses of the current trends and future estimations of the global staple fibers market from 2016 to 2023 to determine the prevailing opportunities. • It offers comprehensive analysis of key regions, such as North America, Europe, Asia-Pacific, and LAMEA, to understand the regional trends. • In-depth analysis of factors that drive and restrict the growth of the market is provided. • Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework. • It offers key insights on strategic analysis of various companies and the value chain analysis of staple fibers.
STAPLE FIBERS MARKET
Top Investment Pockets, by Type
STAPLE FIBERS MARKET
Korea Staple Fibers Market, 2016-2023 ($million)
STAPLE FIBERS MARKET
Staple Fiber Market Key Segments
By Type • Cotton • Cellulosic • Polyester • Others
By Application • • • • • • •
Apparel Automotive Construction Home Furnishing Filtration Personal Care & Hygiene Others
STAPLE FIBERS MARKET
By Geography
North America Europe Asia-Pacific LAMEA
STAPLE FIBERS MARKET
Key market players have invested in R&D activities to develop advanced products to cater to the growing requirements of the consumers. The players operating in the industry include Tongkun Group Zhejiang Hengsheng Chemical Fiber Co., Ltd., Indorama Ventures Public Company Limited, Alpek S.A.B. de C.V., Toray Industries, Inc., China Petroleum & Chemical Corporation, Reliance Industries Limited, W. Barnet GmbH & Co. KG, Aditya Birla Group, Zhejiang Fulida, and Swan Fiber Company. The other players in the value chain (profiles not included in the report) include Nirmal Fibers Ltd., Unitec Fibers, Legs SP. Zo. O, Shanghai Polytex Co. Ltd., Eijin Fronteir Co. Ltd., Xinda Corp, Hubei Botao Synthetic Fiber Co., Ltd., Advansa, Sateri International Co. Ltd., Lenzing AG, US Fibers, Celanese AG, Zedtex Australia Pty Ltd. and Märkische Faser GmbH Download Sample Copy: https://www.alliedmarketresearch.com/request-sample/3004
STAPLE FIBERS MARKET
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STAPLE FIBERS MARKET
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