Polyester Fiber Market Analysis, Driving Factors and
Growth Rate Forecast to 2022
Changing lifestyles coupled with increase in disposable incomes are expected
to boost the polyester fiber market from home furnishing segments including
carpets and rugs for a significant share of market.
Polyester fiber is artificial or synthetic fiber manufactured from polyethylene terephthalate (PET)
and monoethylene glycol (MEG). The fiber contains a long chain ester functional group which is
synthetically produced through step-growth polymerization. According to various end-users
requirement, these fibers are produced in different colors and shapes. Different attributes of
polyester fibers include resistant to weather and light, relatively high levels of durability at low costs
withstand climatic effects and can be used where fineness and lightness are primary requirements.
On account of these attributes the demand for polyester fibers are increasing rapidly.
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Additionally, other prominent market drivers identified to boost the market growth include
technological advancements in thinner filaments production, and dope dyeing capabilities such as