Polyester Staple Fiber Market - Global Industry Analysis, Trends and Forecast 2014 – 2020

Polyethylene terephthalate (PET), when used in the form of fibers and filaments, is known as polyester. Purified terephthalic acid (PTA) and monoethylene glycol (MEG) are the primary raw materials used in the manufacture of polyester fiber. Polyesters are made by polymerization of purified terephthalic acid (PTA) and monoethylene glycol (MEG). The polymer thus obtained is melt spun to form tow which is a bundle of continuous filaments. The tow is subjected to further processes such as drawing, crimping, spin finish application and then cut into fixed lengths to get cut fibers almost equal in length to cotton fibers. These cut fibers are known as polyester staple fiber (PSF). Polyester staple fibers (PSF) are used in a wide range of applications such as carpets and rugs, fiberfill and nonwoven fabrics, home furnishings and apparels among others. Polyester staple fiber (PSF) has emerged as the fastest growing fiber amongst all types of manufactured fibers.

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Polyester staple fibers are used in a wide range of applications such as carpets and rugs, fiberfill and nonwoven fabrics. Other applications of polyester fibers include industrial, home textiles and apparels. The demand for polyester staple fiber is expected to increase tremendously owing to technological advancement. China was the largest producer of polyester fiber in 2012 and followed by India. Moreover, the demand for polyester staple fiber has been the highest in Asia Pacific and this trend is projected to continue over the next few years. Rapid industrialization, an increase in upcoming residential and commercial construction projects, a focus on improving interior aesthetics and a burgeoning middle class are vital factors anticipated to drive the demand for polyester staple fiber in this region. Europe and North America are expected to show relatively flat growth over the next few years owing to an...