NEW YORK, March 7, 2022 /PRNewswire/ -- The Polyester Staple Fiber (PSF) Market share is expected to increase by USD 8.94 billion from 2020 to 2025, at an accelerated CAGR of 6.00%, according to the recent market study by 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)
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Highlights-
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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:
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Polyester Staple Fiber (PSF) Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.00% |
Market growth 2021-2025 |
USD 8.94 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.00 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 79% |
Key consumer countries |
China, India, US, South Korea (Republic of Korea), and Taiwan |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Companies profiled |
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. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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