Global Fiber Intermediates – Market Overview 1 | Page 3
This report gives the detailed information about the product value chain right from the
beginning, which as the power in the hands of producers and consumers, analysis of the
degree of competition, and threats of substitutes and new entrants. Apart from the
above, the report also includes raw materials till end-use.
Asia-Pacific is the largest consumer of polyester across the world where fiber
intermediates are the major raw materials in polyester manufacturing. Polyester market
is expected to grow with a CAGR of around 10% between 2014-2020 and hence the fiber
intermediates market is expected to grow parallel during the forecast period. China,
South Korea, Japan, India are the major countries which produce fiber intermediates.
Global demand for caprolactam and acrylonitrile to grow by approximately 3% each year
in the coming period. The strongest growth of up to 6% per year to be seen in China until
2020. The demand for the US and Europe is expected to remain relatively stable. The
demand for polyvinyl chloride (PVC) increased from 8.5%in 2011-12 to 12.8% in 2012-13
however, it is expected to remain stable at 9.4% in 2014-15.