The polyester fiber market will reach an estimated value of USD 1084.6 billion by 2027 and register a growth rate of 8% during the forecast period from 2021 to 2027. The high demand for carpets and rugs in residential and commercial buildings is a factor in the increasing demand for polyester fiber market. Rising demand for non-woven materials and products, growing demand for hollow polyester fiber mattresses, development of global fashion industry, increasing construction activity worldwide, rapid urbanization and home decoration industry, surge in product demand due to various end uses hospital, home , along with the superior properties of polyester fibers compared to other synthetic fibers such as automotive and electronic products, are expected to act as a major growth driver propelling the market growth during the forecast period from 2021 to 2027.
A full report of Polyester Fiber Market available at https://www.orionmarketreports.com/polyester-fiber-market/56860/
Key players:
The key players involved in the global Polyester Fiber market are Tongkun Group Co., Ltd. (China), Reliance Industries Limited (India), Zhejiang Hengyi Group Co., Ltd (China), Shenghong Corp (Singapore), Xin Feng Ming Group (China), Indorama Ventures Public Company Limited (Thailand), William Barnet and Son, LLC (US), GreenFiber International S.A. (Romania), Sarla Performance Fibers Limited (India), Märkische Faser GmbH (Germany), Polyfibre Industries (India), and TORAY INDUSTRIES, INC. (Japan).
Polyester Fiber Market: Segmentation
By Grade
• PCDT Polyester
• PET Polyester
By Product
• Hollow
• Solid
By Application
• Apparels
• Carpets & rugs
• Fiberfill
• Home textiles
• Non-woven fabrics
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
