The Polyester Staple Fiber (PSF) Market size to grow by USD 7,681.36 million from 2022 to 2027; Growth opportunities led by Alfa Corporativo S.A. de C.V. and Atulit Impex Pvt. Ltd. - Technavio

NEW YORK, Aug. 16, 2023 /PRNewswire/ -- The polyester staple fiber (PSF) market size is estimated to grow by USD 7,681.36 million between 2022 and 2027 exhibiting a CAGR of 6.31%, according to Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report 

Polyester Staple Fiber (PSF) Market 2023-2027: Scope

Technavio presents a detailed picture of the market by study, synthesis, and summation of data from multiple sources. The polyester staple fiber (PSF) market report covers the following areas:

• Polyester Staple Fiber (PSF) Market2023-2027 Size
• Polyester Staple Fiber (PSF) Market 2023-2027 Trends
• Polyester Staple Fiber (PSF) Market 2023-2027 Industry Analysis

Polyester Staple Fiber (PSF) Market 2023-2027: Company Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors must focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market companies also must leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Alfa Corporativo S.A. de C.V., Atulit Impex Pvt. Ltd., Diyou Fibre M Sdn Bhd, Eastman Chemical Co., Far Eastern New Century Corp., Green Group SA, Huvis Corp., Indorama Corp., Jiangsu Sanfangxiang Group Co. Ltd., Kayavlon Impex Pvt. Ltd., Nirmal Fibres Pvt. Ltd., Reliance Industries Ltd., Shanghai Vico Industrial Co. Ltd., Stein Fibers Ltd., The Bombay Dyeing and Manufacturing Co. Ltd., Toray Industries Inc., Vishal Poly Fibres Pvt. Ltd., VNPOLYFIBER, XINDA Corp., and Zhejiang Anshun Pettechs Fibre Co. Ltd. are among some of the major market participants.

Company Offering

• Xindacorp- The company offers polyester staple fibers such as Repreve, Tencel Lyocell, Colored Polyester Staple Fiber, High-Performance Polyester Staple Fiber, and Anti-Pilling Polyester Staple Fiber.
• Atulit Impex Pvt. Ltd. - The company offers polyester staple fiber such as High-Performance Polyester Staple Fiber, Anti-Pilling Polyester Staple Fiber, and Bio-Based Polyester Staple Fiber.
• Diyou Fibre M Sdn Bhd - The company offers polyester staple fibers such as Qiangsheng and Tenax.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Polyester Staple Fiber (PSF) Market 2023-2027: Market Dynamics

Key Driver

High growth potential in APAC is a key factor driving market growth. The recent increase in exports has boosted demand for PSF in China, which, along with an increase in construction and infrastructure projects, is expected to boost demand for PFRC. Moreover, India and Pakistan are immature markets with significant growth opportunities. Similarly, emerging markets such as Bangladesh and Cambodia are progressing in their downstream operations and may undergo petrochemical value chain integration. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends

Rising awareness of sustainable production methods is a significant trend in the market.  Increased businesses and consumer awareness of the environmental and health impacts of non-sustainable goods propel the demand for eco-friendly textiles. The textile industry is adopting sustainable fibers, such as organic cotton, flax, hemp, jute, sisal, abaca, and bamboo, while also shifting from non-biodegradable synthetics like PSF to renewable options like polylactic acid and lyocell, derived from natural sources. Hence, these factors are expected to drive market growth during the forecast period.

Significant Challenges

Fluctuations in the prices of raw materials is a significant challenge restricting market growth. Market-based participants use risk management tools, such as hedging, to hedge against short-term fluctuations in commodities such as ethane, propane, benzene, and natural gas. Derivatives are used to minimize the impact on the buying and selling prices of commodities, as risk cannot be eliminated. External factors such as plant disruptions, natural disasters, regulatory changes, and transportation restrictions further impact the cost and availability of raw materials. Hence, the fluctuations in the prices of raw materials are expected to restrict market growth during the forecast period.

For more details, and an understanding of Market Dynamics download Sample reports

Polyester Staple Fiber (PSF) Market 2023-2027: Segmentation

Polyester Staple Fiber (PSF) Market is segmented as below:

• Product 
• Solid
• Hollow
• Application 
• Apparel
• Home Furnishing
• Automotive
• Filtration
• Others
• Geography 
• APAC
• North America
• Europe
• South America
• Middle East and Africa

The market share growth by solid segment will be significant during the forecast period. Strong polyester staple fibers are a mixture of chemical bonds, used in lofty wadding, spun yarns, and interlining. Furthermore, spun yarns are used to make sewing and embroidery threads, which can be made from recycled or new polyester staple fibers. Two types of polyester wadding exist chemical bonds and thermal bonds. Regular polyester yarns offer properties such as lightness, stretch, and resistance to sagging, making them ideal for delicate fabrics such as tulle, voile, and organdy. Thus, these factors are expected to drive segment growth during the forecast period.

APAC is estimated to contribute 81% to the growth of the global market during the forecast period. China, Japan, and South Korea generate significant demand for PSF, with China emerging as a major player in the region. China, one of the significant polyester staple fiber producers and consumers, benefits from factors such as a large consumer base, growth in industrial fabrics, textiles, and carpets, construction demand boom fueled demand for flooring and furniture, strong economic growth, and increasing single-use demand. income and population growth and urbanization. Hence, these factors are expected to drive market growth in the region during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities, historic (2017 to 2021) & forecast (2023-2027)  – Download a Sample Report

Polyester Staple Fiber (PSF) Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist polyester staple fiber (PSF) market growth during the next five years
• Estimation of the polyester staple fiber (PSF) market and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the polyester staple fiber (PSF) market
• Analysis of the market's competitive landscape and detailed information on companies
• Comprehensive details of factors that will challenge the growth of the polyester staple fiber (PSF) market, companies

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Table of Contents

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 Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Company 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 companies included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (USD million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (USD million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global polyester staple fiber (PSF) market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global polyester staple fiber (psf) market 2017 - 2021 (USD million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 (USD million)

• 4.3 Application Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 (USD million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (USD million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (USD million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Solid - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Solid - Market size and forecast 2022-2027 (USD million)
• Exhibit 35: Data Table on Solid - Market size and forecast 2022-2027 (USD million)
• Exhibit 36: Chart on Solid - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Solid - Year-over-year growth 2022-2027 (%)

• 6.4 Hollow - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Hollow - Market size and forecast 2022-2027 (USD million)
• Exhibit 39: Data Table on Hollow - Market size and forecast 2022-2027 (USD million)
• Exhibit 40: Chart on Hollow - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Hollow - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 42: Market opportunity by Product (USD million)
• Exhibit 43: Data Table on Market opportunity by Product (USD million)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 44: Chart on Application - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 46: Chart on Comparison by Application
• Exhibit 47: Data Table on Comparison by Application

• 7.3 Apparel - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Apparel - Market size and forecast 2022-2027 (USD million)
• Exhibit 49: Data Table on Apparel - Market size and forecast 2022-2027 (USD million)
• Exhibit 50: Chart on Apparel - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Apparel - Year-over-year growth 2022-2027 (%)

• 7.4 Home furnishing - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Home furnishing - Market size and forecast 2022-2027 (USD million)
• Exhibit 53: Data Table on Home furnishing - Market size and forecast 2022-2027 (USD million)
• Exhibit 54: Chart on Home furnishing - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Home furnishing - Year-over-year growth 2022-2027 (%)

• 7.5 Automotive - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Automotive - Market size and forecast 2022-2027 (USD million)
• Exhibit 57: Data Table on Automotive - Market size and forecast 2022-2027 (USD million)
• Exhibit 58: Chart on Automotive - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

• 7.6 Filtration - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Filtration - Market size and forecast 2022-2027 (USD million)
• Exhibit 61: Data Table on Filtration - Market size and forecast 2022-2027 (USD million)
• Exhibit 62: Chart on Filtration - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Filtration - Year-over-year growth 2022-2027 (%)

• 7.7 Others - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Others - Market size and forecast 2022-2027 (USD million)
• Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 (USD million)
• Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Application 
• Exhibit 68: Market opportunity by Application (USD million)
• Exhibit 69: Data Table on Market opportunity by Application (USD million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 (USD million)
• Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 (USD million)
• Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 79: Chart on North America - Market size and forecast 2022-2027 (USD million)
• Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 (USD million)
• Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 (USD million)
• Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 (USD million)
• Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 87: Chart on South America - Market size and forecast 2022-2027 (USD million)
• Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 (USD million)
• Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 (USD million)
• Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (USD million)
• Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 (USD million)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 (USD million)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 Japan - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 (USD million)
• Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 (USD million)
• Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.10 South Korea - Market size and forecast 2022-2027 
• Exhibit 103: Chart on South Korea - Market size and forecast 2022-2027 (USD million)
• Exhibit 104: Data Table on South Korea - Market size and forecast 2022-2027 (USD million)
• Exhibit 105: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.11 US - Market size and forecast 2022-2027 
• Exhibit 107: Chart on US - Market size and forecast 2022-2027 (USD million)
• Exhibit 108: Data Table on US - Market size and forecast 2022-2027 (USD million)
• Exhibit 109: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027 
• Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 (USD million)
• Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 (USD million)
• Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography (USD million)
• Exhibit 116: Data Tables on Market opportunity by geography (USD million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Company Landscape

• 11.1 Overview

• 11.2 Company landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Company Analysis

• 12.1 Companies covered
• Exhibit 121: Companies covered

• 12.2 Market positioning of companies 
• Exhibit 122: Matrix on company position and classification

• 12.3 Alfa Corporativo S.A. de C.V. 
• Exhibit 123: Alfa Corporativo S.A. de C.V. - Overview
• Exhibit 124: Alfa Corporativo S.A. de C.V. - Business segments
• Exhibit 125: Alfa Corporativo S.A. de C.V. - Key offerings
• Exhibit 126: Alfa Corporativo S.A. de C.V. - Segment focus

• 12.4 Atulit Impex Pvt. Ltd. 
• Exhibit 127: Atulit Impex Pvt. Ltd. - Overview
• Exhibit 128: Atulit Impex Pvt. Ltd. - Product / Service
• Exhibit 129: Atulit Impex Pvt. Ltd. - Key offerings

• 12.5 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

• 12.6 Eastman Chemical Co.
• Exhibit 133: Eastman Chemical Co. - Overview
• Exhibit 134: Eastman Chemical Co. - Business segments
• Exhibit 135: Eastman Chemical Co. - Key offerings
• Exhibit 136: Eastman Chemical Co. - Segment focus

• 12.7 Far Eastern New Century Corp. 
• Exhibit 137: Far Eastern New Century Corp. - Overview
• Exhibit 138: Far Eastern New Century Corp. - Business segments
• Exhibit 139: Far Eastern New Century Corp. - Key offerings
• Exhibit 140: Far Eastern New Century Corp. - Segment focus

• 12.8 Green Group SA
• Exhibit 141: Green Group SA - Overview
• Exhibit 142: Green Group SA - Product / Service
• Exhibit 143: Green Group SA - Key offerings

• 12.9 Huvis Corp.
• Exhibit 144: Huvis Corp. - Overview
• Exhibit 145: Huvis Corp. - Product / Service
• Exhibit 146: Huvis Corp. - Key offerings

• 12.10 Indorama Corp.
• Exhibit 147: Indorama Corp. - Overview
• Exhibit 148: Indorama Corp. - Product / Service
• Exhibit 149: Indorama Corp. - Key offerings

• 12.11 Jiangsu Sanfangxiang Group Co. Ltd. 
• Exhibit 150: Jiangsu Sanfangxiang Group Co. Ltd. - Overview
• Exhibit 151: Jiangsu Sanfangxiang Group Co. Ltd. - Product / Service
• Exhibit 152: Jiangsu Sanfangxiang Group Co. Ltd. - Key offerings

• 12.12 Kayavlon Impex Pvt. Ltd. 
• Exhibit 153: Kayavlon Impex Pvt. Ltd. - Overview
• Exhibit 154: Kayavlon Impex Pvt. Ltd. - Product / Service
• Exhibit 155: Kayavlon Impex Pvt. Ltd. - Key offerings

• 12.13 Nirmal Fibres Pvt. Ltd. 
• Exhibit 156: Nirmal Fibres Pvt. Ltd. - Overview
• Exhibit 157: Nirmal Fibres Pvt. Ltd. - Product / Service
• Exhibit 158: Nirmal Fibres Pvt. Ltd. - Key offerings

• 12.14 Reliance Industries Ltd. 
• Exhibit 159: Reliance Industries Ltd. - Overview
• Exhibit 160: Reliance Industries Ltd. - Business segments
• Exhibit 161: Reliance Industries Ltd. - Key news
• Exhibit 162: Reliance Industries Ltd. - Key offerings
• Exhibit 163: Reliance Industries Ltd. - Segment focus

• 12.15 The Bombay Dyeing and Manufacturing Co. Ltd. 
• Exhibit 164: The Bombay Dyeing and Manufacturing Co. Ltd. - Overview
• Exhibit 165: The Bombay Dyeing and Manufacturing Co. Ltd. - Business segments
• Exhibit 166: The Bombay Dyeing and Manufacturing Co. Ltd. - Key offerings
• Exhibit 167: The Bombay Dyeing and Manufacturing Co. Ltd. - Segment focus

• 12.16 Toray Industries Inc. 
• Exhibit 168: Toray Industries Inc. - Overview
• Exhibit 169: Toray Industries Inc. - Business segments
• Exhibit 170: Toray Industries Inc. - Key offerings
• Exhibit 171: Toray Industries Inc. - Segment focus

• 12.17 XINDA Corp.
• Exhibit 172: XINDA Corp. - Overview
• Exhibit 173: XINDA Corp. - Product / Service
• Exhibit 174: XINDA Corp. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 175: Inclusions checklist
• Exhibit 176: Exclusions checklist

• 13.3 Currency conversion rates for USUSD 
• Exhibit 177: Currency conversion rates for USUSD

• 13.4 Research methodology
• Exhibit 178: Research methodology
• Exhibit 179: Validation techniques employed for market sizing
• Exhibit 180: Information sources

• 13.5 List of abbreviations
• Exhibit 181: List of abbreviations

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