TMR_Research_Reports_2017 Polyester Staple Fiber Market Size 2024 | Page 3

Polyester Staple Fiber Market
with the growing prominence of polyester staple fibers in making fabrics is a seminal factor driving the market . In addition , the growing application of polyester staple fiber in areas such as automotive , apparel , and as fiber fillings in different types of furniture has boosted the market . The wide application of polyester staple fiber in making spun yarn in the garments and textile industry continue to catalyze the market growth . A burgeoning automobile industry and accelerated automobile sales have led to an extensive use of polyester staple fibers in cars , as they are cost-effective and have high durability .
Further , the growing use of recyclable polyester staple fibers as a blend in the wadding industry has boosted the market . In addition , the use of polyester staple fibers in making needle punched non-woven fabrics are expected to accentuate the market .
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Imposition of Anti-Dumping Duty on Purified Terephthalic Acid Glaring Market Constraint
The strict imposition of anti-dumping duties on import of purified terephthalic acid ( PTA ) from major producing countries is likely to impede the market to an extent . PTA forms a key raw material in making polyester staple fibers and the definitive anti-dumping duty has negatively affected the price of PTA . Furthermore , wide regulations related to cotton prices in numerous developing countries have brought down the prices . This is expected to hamper the demand for polyester stable fibers , especially in countries increasingly reliant on agrarian economy . Be that as it may , the increasing use of polyester staple fibers as reinforcement materials in the construction industry to ensure a stable temperature and to improve the tensile strength of asphalt concrete is a key factor expected to create exciting opportunities for manufacturers in the coming years .
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TABLE OF
Table of Content
1 . Preface 1.1 Report Scope and Market Segmentation 1.2 Research Highlights 1.3 Research Objectives 1.4 Key Questions Answered
2 . Assumptions and Research Methodology
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