Polyester Staple Fiber (PSF) Market Size to Grow by USD 9.55 Bn, Apparel to be Largest Revenue-generating Application Segment - Technavio

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Oct 06, 2022, 18:15 ET

NEW YORK, Oct. 6, 2022 /PRNewswire/ -- The "Polyester Staple Fiber (PSF) Market by Application (apparel, home furnishing, automotive, filtration, and others), Product (solid and hollow), and Geography (APAC, North America, Europe, South America, and the Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. By application, the apparel segment will be the largest contributor to market growth during the forecast period. PSF is used significantly in outerwear owing to its high strength, tenacity, and durability.

Technavio has announced its latest market research report titled Global Polyester Staple Fiber (PSF) Market 2022-2026

The potential growth difference for the polyester staple fiber (PSF) market size between 2021 and 2026 is USD 9.55 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report

Vendor Landscape

The polyester staple fiber market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The market is characterized by the presence of category-focused vendors as well as other diversified categories of vendors. It is highly competitive and has several international and regional retailers. The intense competition among vendors, the low product switching cost incurred by buyers, and the significant fixed costs have increased the threat of rivalry in the market.

Key Market Drivers

The potential growth in APAC is driving the growth of the market. In the last few years, government initiatives have increased the demand for PSF in China. The demand will mainly arise from the domestic consumption of textiles and clothing in the country. Rapid urbanization and increasing per capita consumption of PSF by end-user industries have increased the expenditure on clothing in China. In addition, the implementation of stringent monetary policies by the government has impacted the demand for other polymers, including polyolefins, which will drive the growth of the global PSF market during the forecast period. In India and Pakistan, the market is relatively smaller than that of China. However, the current development of downstream polyester activities by companies such as Reliance Industries and Indorama Ventures is expected to increase the consumption of PSF.

Identify key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

Regional Analysis

APAC will be the leading region with 82% of the market's growth during the forecast period. China, South Korea, and Japan are the key countries for the polyester staple fiber (PSF) in the region.

View our FREE PDF Sample Report for additional insights into the contribution of all the segments and regional opportunities in the report

Some Companies Mentioned

ALFA SAB DE CV
China National Petroleum Corp.
China Petrochemical Corp.
Diyou Fibre M Sdn Bhd.
Far Eastern New Century Corp.
Green Group SA
Hengli Group Co. Ltd.
Hengyi Petrochemical Co. Ltd.
Huvis Corp.
Indorama Ventures Public Co. Ltd.
Jiangsu Sanfangxiang Group Co. Ltd.
Polyfibre Industries Pvt. Ltd.
Reliance Industries Ltd.
Shubhalakshmi Polyester Ltd.
Sun Fiber LLC
The Bombay Dyeing and Manufacturing Co. Ltd.
Tongkun Group Co. Ltd.
Toray Industries Inc.
W. Barnet GmbH and Co. KG
XINDA Corp.

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Polyester Staple Fiber (PSF) Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 6.11%
Market growth 2022-2026	USD 9.55 billion
Market structure	Fragmented
YoY growth (%)	5.85
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 82%
Key consumer countries	US, China, Japan, South Korea, Germany, and UK
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	ALFA SAB DE CV, China National Petroleum Corp., China Petrochemical Corp., Diyou Fibre M Sdn Bhd., Far Eastern New Century Corp., Green Group SA, Hengli Group Co. Ltd., Hengyi Petrochemical Co. Ltd., Huvis Corp., Indorama Ventures Public Co. Ltd., Jiangsu Sanfangxiang Group Co. Ltd., Polyfibre Industries Pvt. Ltd., Reliance Industries Ltd., Shubhalakshmi Polyester Ltd., Sun Fiber LLC, The Bombay Dyeing and Manufacturing Co. Ltd., Tongkun Group Co. 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, and 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.

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Key Topics Covered

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 18: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments

Exhibit 25: Chart on Application - Market share 2021-2026 (%)
Exhibit 26: Data Table on Application - Market share 2021-2026 (%)

5.2 Comparison by Application

Exhibit 27: Chart on Comparison by Application
Exhibit 28: Data Table on Comparison by Application

5.3 Apparel - Market size and forecast 2021-2026

Exhibit 29: Chart on Apparel - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Data Table on Apparel - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Chart on Apparel - Year-over-year growth 2021-2026 (%)
Exhibit 32: Data Table on Apparel - Year-over-year growth 2021-2026 (%)

5.4 Home Furnishing - Market size and forecast 2021-2026

Exhibit 33: Chart on Home Furnishing - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Data Table on Home Furnishing - Market size and forecast 2021-2026 ($ million)
Exhibit 35: Chart on Home Furnishing - Year-over-year growth 2021-2026 (%)
Exhibit 36: Data Table on Home Furnishing - Year-over-year growth 2021-2026 (%)

5.5 Automotive - Market size and forecast 2021-2026

Exhibit 37: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
Exhibit 39: Chart on Automotive - Year-over-year growth 2021-2026 (%)
Exhibit 40: Data Table on Automotive - Year-over-year growth 2021-2026 (%)

5.6 Filtration - Market size and forecast 2021-2026

Exhibit 41: Chart on Filtration - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Data Table on Filtration - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Chart on Filtration - Year-over-year growth 2021-2026 (%)
Exhibit 44: Data Table on Filtration - Year-over-year growth 2021-2026 (%)

5.7 Others - Market size and forecast 2021-2026

Exhibit 45: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 46: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 48: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.8 Market opportunity by Application

Exhibit 49: Market opportunity by Application ($ million)

6 Market Segmentation by Product

6.1 Market segments

Exhibit 50: Chart on Product - Market share 2021-2026 (%)
Exhibit 51: Data Table on Product - Market share 2021-2026 (%)

6.2 Comparison by Product

Exhibit 52: Chart on Comparison by Product
Exhibit 53: Data Table on Comparison by Product

6.3 Solid - Market size and forecast 2021-2026

Exhibit 54: Chart on Solid - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Solid - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Solid - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Solid - Year-over-year growth 2021-2026 (%)

6.4 Hollow - Market size and forecast 2021-2026

Exhibit 58: Chart on Hollow - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Hollow - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Hollow - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Hollow - Year-over-year growth 2021-2026 (%)

6.5 Market opportunity by Product

Exhibit 62: Market opportunity by Product ($ million)

7 Customer Landscape

7.1 Customer landscape overview

Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation

Exhibit 64: Chart on Market share by geography 2021-2026 (%)
Exhibit 65: Data Table on Market share by geography 2021-2026 (%)

8.2 Geographic comparison

Exhibit 66: Chart on Geographic comparison
Exhibit 67: Data Table on Geographic comparison

8.3 APAC - Market size and forecast 2021-2026

Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)

8.4 North America - Market size and forecast 2021-2026

Exhibit 72: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 73: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 74: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 75: Data Table on North America - Year-over-year growth 2021-2026 (%)

8.5 Europe - Market size and forecast 2021-2026

Exhibit 76: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 77: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 78: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 79: Data Table on Europe - Year-over-year growth 2021-2026 (%)

8.6 South America - Market size and forecast 2021-2026

Exhibit 80: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 81: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%)

8.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

8.8 China - Market size and forecast 2021-2026

Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)

8.9 Japan - Market size and forecast 2021-2026

Exhibit 92: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 93: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 94: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 95: Data Table on Japan - Year-over-year growth 2021-2026 (%)

8.10 South Korea - Market size and forecast 2021-2026

Exhibit 96: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
Exhibit 97: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
Exhibit 98: Chart on South Korea - Year-over-year growth 2021-2026 (%)
Exhibit 99: Data Table on South Korea - Year-over-year growth 2021-2026 (%)

8.11 US - Market size and forecast 2021-2026

Exhibit 100: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 101: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 102: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 103: Data Table on US - Year-over-year growth 2021-2026 (%)

8.12 Germany - Market size and forecast 2021-2026

Exhibit 104: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 105: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 106: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 107: Data Table on Germany - Year-over-year growth 2021-2026 (%)

8.13 UK - Market size and forecast 2021-2026

Exhibit 108: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 109: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 110: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 111: Data Table on UK - Year-over-year growth 2021-2026 (%)

8.14 Market opportunity by geography

Exhibit 112: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

Exhibit 113: Impact of drivers and challenges in 2021 and 2026

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption

Exhibit 115: Overview on factors of disruption

10.4 Industry risks

Exhibit 116: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered

Exhibit 117: Vendors covered

11.2 Market positioning of vendors

Exhibit 118: Matrix on vendor position and classification

11.3 ALFA SAB DE CV

Exhibit 119: ALFA SAB DE CV - Overview
Exhibit 120: ALFA SAB DE CV - Business segments
Exhibit 121: ALFA SAB DE CV - Key offerings
Exhibit 122: ALFA SAB DE CV - Segment focus

11.4 China National Petroleum Corp.

Exhibit 123: China National Petroleum Corp. - Overview
Exhibit 124: China National Petroleum Corp. - Product / Service
Exhibit 125: China National Petroleum Corp. - Key offerings

11.5 China Petrochemical Corp.

Exhibit 126: China Petrochemical Corp. - Overview
Exhibit 127: China Petrochemical Corp. - Business segments
Exhibit 128: China Petrochemical Corp. - Key offerings
Exhibit 129: China Petrochemical Corp. - Segment focus

11.6 Diyou Fibre M Sdn Bhd.

Exhibit 130: Diyou Fibre M Sdn Bhd. - Overview
Exhibit 131: Diyou Fibre M Sdn Bhd. - Product / Service
Exhibit 132: Diyou Fibre M Sdn Bhd. - Key offerings

11.7 Far Eastern New Century Corp.

Exhibit 133: Far Eastern New Century Corp. - Overview
Exhibit 134: Far Eastern New Century Corp. - Business segments
Exhibit 135: Far Eastern New Century Corp. - Key offerings
Exhibit 136: Far Eastern New Century Corp. - Segment focus

11.8 Green Group SA

Exhibit 137: Green Group SA - Overview
Exhibit 138: Green Group SA - Product / Service
Exhibit 139: Green Group SA - Key offerings

11.9 Hengli Group Co. Ltd.

Exhibit 140: Hengli Group Co. Ltd. - Overview
Exhibit 141: Hengli Group Co. Ltd. - Product / Service
Exhibit 142: Hengli Group Co. Ltd. - Key offerings

11.10 Indorama Ventures Public Co. Ltd.

Exhibit 143: Indorama Ventures Public Co. Ltd. - Overview
Exhibit 144: Indorama Ventures Public Co. Ltd. - Business segments
Exhibit 145: Indorama Ventures Public Co. Ltd. - Key offerings
Exhibit 146: Indorama Ventures Public Co. Ltd. - Segment focus

11.11 Polyfibre Industries Pvt. Ltd.

Exhibit 147: Polyfibre Industries Pvt. Ltd. - Overview
Exhibit 148: Polyfibre Industries Pvt. Ltd. - Product / Service
Exhibit 149: Polyfibre Industries Pvt. Ltd. - Key offerings

11.12 Reliance Industries Ltd.

Exhibit 150: Reliance Industries Ltd. - Overview
Exhibit 151: Reliance Industries Ltd. - Business segments
Exhibit 152: Reliance Industries Ltd. - Key offerings
Exhibit 153: Reliance Industries Ltd. - Segment focus

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

Exhibit 154: Inclusions checklist
Exhibit 155: Exclusions checklist

12.3 Currency conversion rates for US$

Exhibit 156: Currency conversion rates for US$

12.4 Research methodology

Exhibit 157: Research methodology
Exhibit 158: Validation techniques employed for market sizing
Exhibit 159: Information sources

12.5 List of abbreviations

Exhibit 160: List of abbreviations

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