Materials & Chemicals

Staple Fiber Market by Type (Cotton, Cellulosic, Polyester and Others) and Application (Apparel, Automotive, Construction, Home Furnishing, Filtration, Personal Care & Hygiene and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

  • ALL1552384
  • 230 Pages
  • September 2017
  • Materials & Chemicals

The global staple fibers market was valued at $161,591 million in 2016, and is projected to reach $206,919 million by 2023, growing at a CAGR of 3.6% from 2017 to 2023. A staple fiber is a synthetic fiber exclusively encompassing a polyester. It is made from PTA or PET sheets or from recycled PET bottle flakes. Staple fiber made from PTA or PET is called as Virgin staple fiber whereas when made from recycled PET bottle flakes, it is known as recycled staple fiber. Staple fiber has arose as the fastest growing fiber amongst all types of fibers. Staple fibers are widely used in automotive, textile and furniture industries. Staple can be defined as a fiber of a standardized length of any composition which can be drawn into yarn. Staple fibers can be natural or synthetic. Natural fibers including wool or cotton have a wide range of lengths in each sample, so the staple length is an average. For synthetic fibers which is cut to a certain length, the staple length is the same for every fiber in the whole group. Globally, increasing demand for hygiene products and textiles is anticipated to drive the demand for staple fibers during the forecast period.

Staple fibers are a major uptake in home furnishings since they are utilized as a filling material in sofas, pillows and soft toys. Staple fibers provide resilience and firmness. Factors such as increasing demand for garments and apparels coupled with rising adoption of viscose fabrics due to vagueness in cotton prices are anticipated to boost the market growth. Moreover, rapid urbanization, increasing commercial and residential construction activities, as well as increasing spending capabilities of the middle class population group especially in the densely populated emerging economies such as China and India are some other key aspects driving the growth of the global staple fibers market. Moreover, on account of their durability and cost effectiveness, staple fibers are finding extensive applications in car fabrics. Thus, rapid growth of the global automotive industry is anticipated to drive the global staple fiber market over the forecast period. However, increasing competition from alternatives such as synthetic fibers coupled with retaliatory tariff on viscose may hamper the market growth. Although, increasing usage of cellulose in healthcare is expected to offer numerous opportunities for the growth of the global staple fibers market.

The global staple fiber market can be segmented on the basis of type, application and geography. On the basis of type, the global staple fiber market can be segmented into cotton, cellulosic, polyester and others. On the basis of application, the global staple fibers market is segmented into apparel, automotive, construction, home furnishing, filtration, personal care & hygiene and others. On the basis of geography, the global staple fiber market can be segmented into North America, Europe, Asia-Pacific and LAMEA.

The major players operating in the global market are focusing on key market strategies such as mergers, acquisitions, collaborations and partnerships. They are also focusing on strengthening their market reach in order to maintain their goodwill in the ever competitive market.

Some of the key players in the global market include:

  • Tongkun Group Zhejiang Hengsheng Chemical Fiber Co., Ltd.
  • Indorama Ventures Public Company Limited
  • Alpek S.A.B. de C.V.
  • Toray Industries, Inc.
  • China Petroleum & Chemical Corporation
  • Reliance Industries Limited
  • W. Barnet GmbH & Co. KG
  • Aditya Birla Group
  • Zhejiang Fulida
  • Swan Fiber Company

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist in identifying the prevailing market opportunities.
  • Major countries in each region are mapped according to the individual market revenue.
  • The region-wise and country-wise staple fiber market conditions are comprehensively analyzed.
  • This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.

KEY MARKET SEGMENTS

By Type

  • Cotton
  • Cellulosic
  • Polyester
  • Others

By Application

  • Apparel
  • Automotive
  • Construction
  • Home Furnishing
  • Filtration
  • Personal Care & Hygiene
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Spain
    • UK
    • Italy
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • KSA
    • South Africa
    • Rest of LAMEA

The other players in the value chain (profiles not included in the report) include:

  • Nirmal Fibers Ltd.
  • Unitec Fibers
  • Legs SP. Zo. O
  • Shanghai Polytex Co. Ltd.
  • Eijin Fronteir Co. Ltd
  • Xinda Corp
  • Hubei Botao Synthetic Fiber Co., Ltd.
  • Advansa
  • Sateri International Co. Ltd.
  • Lenzing AG
  • Us fibers
  • Celanese AG
  • Zedtex Australia Pty Ltd
  • Märkische Faser GmbH

*The above list of companies is not profiled in the report, and can be added based on client interest.

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