Albany, NY -- (ReleaseWire) -- 07/10/2014 -- Polyethylene terephthalate (PET), when used in the form of fibers and filaments, is known as polyester. Polyester fibers are used in a wide range of applications such as carpets, rugs, fiberfill, and nonwoven fabrics. Polyester fibers are also used in industrial applications, home textiles and apparel.
Global market for polyester fiber was valued at USD 62.46 billion in 2012 and is estimated to be USD 110.86 billion by 2019, growing at a CAGR of 8.6% from 2013 to 2019. In terms of volume, the demand was 37.85 million tons in 2012.
The report forecasts and analyzes the polyester fiber market on a global and regional level. The forecast demand on the global level is based on volume (kilo tons) and revenue (USD million) for the period ranging from 2013 to 2019. The study outlines drivers and restraints of the polyester market and their impact on market growth during the mentioned time period. In addition, the study includes opportunities available for the market on a regional and global level and their effect during the said forecast period.
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For a better understanding of the polyester fiber market, we have performed a detailed analysis of the value chain. Moreover, an analysis using Porter’s five forces model renders a better understanding of the intensity of competition in the market. The study comprises a market attractiveness analysis, where key applications are benchmarked based on their market size, growth rate, and general attractiveness.
For the purpose of this study, the polyester fiber market is segmented based on products, applications and geography. Application and product segments have been analyzed and forecasted based on current trends at the global and regional levels for the period between 2013 and 2019. Geographically, the market has been segmented into North America, Europe, Asia Pacific, Middle East and North Africa (MENA) and Rest of the World. Analyses and forecasts are based on current trends, and range over 2013 - 2019.
Company profiles comprise company overview, financial overview, business strategies, SWOT analysis and recent developments. Major players analyzed in the report include Reliance, Sinopec
Zhejiang Hengyi, Nan-Ya, Indorama, Far Eastern, Alpek and M&G among others. The polyester fiber market has been segmented as below:
Polyester Fiber Market – Product Segment Analysis
Polyester Fiber Market - Application Analysis
Carpets & rugs
Others (Apparel, home textiles, industrial, etc.)
Polyester Fiber Market - Regional Analysis
Rest of the World (RoW)
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