Global Polyester Market Outlook to 2026 – by Type, Application and Region

DUBLIN, October 22, 2021– (BUSINESS WIRE) – “Global Polyester Market Outlook to 2026” report has been added to offer.

Polyester fibers are one of the best options for dress and are used in the creation of different garments, for example pants, skirts, dresses, suits, coats, shirts and outerwear . Polyester fibers are delivered by the bar turning cycle. The raw materials are reheated into a rotating mass, which is then pressed through dies. According to the publisher, the global polyester market is expected to witness a considerable growth rate during the forecast period. Factors such as increasing demand for polyester from the garment industry, increasing cost competitiveness, which has led the industry to manufacture garments from low cost fibers, are expected to drive the market. during the forecast period. However, polyester coatings are made from ethylene, a petroleum derivative, which leads to the high cost of the raw material which can constitute a constraint for the studied market.

The Asia-Pacific region is expected to dominate the polyester market during the forecast period. In countries like China, India and Japan, due to an increase in demand from various applications in clothing and furnishings, coupled with growing population, changing lifestyles, growth In economic terms and an increase in per capita income, the demand for polyester has increased in the Region. Additionally, customers choose workable designs made from reused and conditional items like polyester. Thus, the accessibility of bearable clothing in splendid hues, a beautiful layout and attractive prints further stimulates the polyester market.

The increasing use of polyester in the manufacture of sportswear, sportswear and intimate clothing is driving the demand for polyester in the clothing segment and thus propelling its market. Moreover, the increase in the use of polyester as a substitute for cotton due to properties such as cheaper, thinner and availability in different designs and colors is driving the polyester market during the forecast period.

In 2019, the global polyester market has proven to be fragmented. Some of the major players operating in the global polyester fiber market are Reliance Industries Limited, Indorama Ventures Public Company Limited, William Barnet and Son, LLC, GreenFiber International SA, Sarla Performance Fibers Limited, PolyFiber Industries, Nirmal Fiber s (P) Ltd, Silon sro, Swicofil AG and many others.

In October 2019, Texprocil reported changing consumer preferences from cotton mills to polyester manufacturers as the 38.8% year-on-year decline in Indian cotton yarn was recorded, which encouraged polyester industries.

Main topics covered:

1. Summary

2. Scope and methodology of the research

3. Market analysis

3.1 Presentation

3.2 Market dynamics

3.2.1 Drivers

3.2.2 Constraints

3.3 Market trends and developments

3.4 Market opportunities

3.5 Raw material analysis

3.6 Regulatory policies

3.7 Analysis of the impact of COVID-19

4. Industry analysis

4.1 Supply chain analysis

4.2 Porter’s five forces analysis

4.2.1 Competition in industry

4.2.2 Potential for new entrants to the industry

4.2.3 Bargaining power of suppliers

4.2.4 Bargaining power of consumers

4.2.5 Threat of Substitute Products

5. Market segmentation and forecast

5.1 By type

5.1.1 PET polyester

5.1.2 Polyester PCDT

5.2 By application

5.2.1 Carpets and rugs

5.2.2 Nonwovens

5.2.3 Clothing

5.2.4 Textiles

5.2.5 Others

6. Regional market analysis

6.1 North America

6.1.1 United States

6.1.2 Canada

6.1.3 Mexico

6.2 Europe

6.2.1 United Kingdom

6.2.2 Germany

6.2.3 Italy

6.2.4 France

6.2.5 Rest of Europe

6.3 Asia-Pacific

6.3.1 China

6.3.2 India

6.3.3 Japan

6.3.4 South Korea

6.3.5 ASEAN countries

6.3.6 Rest of Asia-Pacific

6.4 South America

6.4.1 Brazil

6.4.2 Argentina

6.4.3 Rest of South America

6.5 Middle East and Africa

6.5.1 South Africa

6.5.2 Saudi Arabia

6.5.3 Rest of Middle East and Africa

7. Key company profiles

7.1 Reliance Industries Limited

7.2 Indorama Ventures Limited

7.3 William Barnet & Sons, LLC

7.4 Sarla Performance Fibers Ltd.

7.5 Polyfibre Industries Pvt Ltd.

7.6 Toray Industries Inc.

7.7 Stein Fibers Ltd.

7.8 Diyou (M) Sdn Bhd fiber

7.9 Silon sro

7.10 Swicofil SA

7.11 Hauthaway Company

7.12 Chemtura Corporation

7.13 Covestro SA

7.14 VCM Polyurethanes Pvt Ltd.

8. Competitive landscape

8.1 List of notable players in the market

8.2 Mergers and acquisitions, joint ventures and agreements

8.3 Market share analysis

8.4 Strategies of key actors

9. Conclusions and recommendations

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