Global Polyester Staple Fiber Market to Reach a Value of US$34.546 bn by 2025 – TMR

1. Global Polyester Staple Fiber Market to Reach a Value of US$34.546 bn by 2025 – TMR Albany, New York: The global polyester staple fiber market is competitive in nature and is projected to witness a significant rise in the level of competition in the next few years, states a new market research study by Transparency Market Research. Some of the key players operating in the polyester staple fiber market across the globe are Toray Industries Inc., China Petroleum & Chemical Corporation, W. Barnet GmbH & Co. KG, Indorama Ventures Public Company Limited, Reliance Industries Limited, , and Alpek S.A.B. de C.V. These players are competing against each other in terms of product quality, credit terms, and price of the product. The key players in the market are focusing on development of new strategies in order to retain their leading position in the polyester staple fiber market across the globe. In addition to this, innovations and developments in the market are estimated to encourage the overall growth of the market in the coming few years. According to the market research study by Transparency Market Research, in 2016, the global market for polyester staple fiber market was worth US$23.167 bn and is predicted to reach a value of US$34.546 bn by the end of 2025. The market is anticipated to register a promising 4.10% CAGR between 2017 and 2025. Request a Sample for extensive research insights: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2727 High Rate of Urbanization to Drive Asia Pacific Market

2. The global market for polyester staple fiber market has been classified on the basis of geography into the Middle East and Africa, Asia Pacific, North America, Latin America, and Europe. Among the mentioned segments, Asia Pacific is expected to lead the global market throughout the forecast period. As per the research report, Asia Pacific accounted for a large share of the market in the last few years and is predicted to be in the similar position throughout the forecast period. The high growth of this region can be attributed to the rising commercial and residential constructions and the increasing disposable income of consumers are estimated to encourage the growth of the Asia Pacific market in the coming years. In addition to this, the high rate of urbanization is considered as another major factor, which is likely to accelerate the growth of the market in the near future. The global market for polyester staple fiber has been categorized on the basis of end use into home furnishing, personal care and hygiene, apparel, automotive, filtration, personal care and hygiene, and construction. Among these, the apparel segment is estimated to account for a major share of the global market in the coming years. The high demand for polyester staple fiber for the manufacturing of different type of apparel is one of the key factors estimated to encourage the growth of this segment. Furthermore, the home furnishing and automotive segments are expected to witness substantial growth across the forecast period. Request For Custom Research: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2727 Development of Construction Sector to Encourage Growth of Global Market The growing demand for man-made fiber from diverse sectors is one of the key factors estimated to encourage the growth of the global polyester staple fiber market in the next few years. The high development of the apparel industry and the tremendously rising demand for personal care products are some of the key factors that are estimated to accelerate the growth of the global market throughout the forecast period. In addition, the rising construction activities in several developing nations across the globe is predicted to generate promising growth opportunities for the market players in the next few years. This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Polyester Staple Fiber Market (Type - Solid (Semi-dull Optical White, Bright Optical White, Black Dope Dyed, Colored Dope White, Others Semi-dull, and Others Bright) and Hollow; Origin - Virgin, Recycled, and Blend of Virgin and Recycled; End User - Apparel, Automotive, Home Furnishing, Filtration, Construction, and Personal Care and Hygiene) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.” Key Takeaways:  Leading players in the global polyester staple fiber market to focus on development of new product to ensure market sustainability.  Development of construction and apparel industries to generate potential opportunities for the market players in the global market. The global polyester staple fiber market has been segmented as below:

3. Global Polyester Staple Fiber Market, by Type  Solid Semi-dull Optical White o Bright Optical White o Black Dope Dyed o Colored Dope Dyed o Others Semi-dull o Others Bright o  Hollow Global Polyester Staple Fiber Market, by Origin  Virgin  Recycled  Blend of Virgin & Recycled Global Polyester Staple Fiber Market, by End-user  Apparel  Automotive  Home Furnishing  Filtration  Construction  Personal Care & Hygiene  Others Global Polyester Staple Fiber Market, by Region  North America U.S. o Canada o  Europe Germany o France o U.K. o

4. Italy o Spain o Rest of Europe o  Asia Pacific China o India o Japan o ASEAN o Rest of Asia Pacific o  Middle East & Africa GCC o South Africa o Rest of Middle East & Africa o  Latin America Brazil o Mexico o Rest of Latin America o About Us Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories. TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision. Contact Mr. Rohit Bhisey Transparency Market Research State Tower,

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