@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com Polyester Fiber Market statistics and research analysis released in latest report

@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com  Overview  Polyester Fiber Market size will likely surpass USD 165 billion by 2024; according to a new research report by Global Market Insights, Inc.Polyester is said to have superior quality, firm strength, and with wrinkle-free, tear- resistant, and reduced shrinking properties. Polyester Fiber Market  These properties help the fiber in maintaining strength once woven in certain cloth. Using of such superior quality material in the apparels, home textiles, furnishing, carpets, and other such products enhances its quality and looks. Apart from these, the product is also used for insulating and cushioning purposes along with tire reinforcements which further augments the polyester fiber market.  Extensive use of the product in apparels, home furnishing & decor, mattresses, and other textiles will catalyze the polyester fiber market in the future years.

@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com  Some of the substitutes for the product are nylon, cotton, wool, and others. Polyester fiber offers superior properties and is cost-effective than the substitute products making it one of the preferred materials for the textile manufacturers  Increasing use of this cost efficient and superior quality product in fabrics used for industrial purposes will further drive the polyester fiber market in the upcoming years.  The product is synthetically made from petroleum and used extensively in preparing industrial fabrics, apparels, textile products, and rugs & carpets. Raw materials essential for the production of these fibers are downstream derivative products of crude oil.  Volatility in the petroleum prices in the current global scenario, leading to fluctuating raw material prices, may act as restraints for the polyester fiber market in the forecast period

@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com Browse Full Research Request for a Sample of this Research

@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com  PCDT is appropriate for stronger and heavier applications, for instance, industrial textiles, draperies, and furniture coverings. Rising building & construction activities especially in the BRICS nations will influence the furniture industry in the future years. Growing furniture demand in these regions will further augment the polyester fiber market demand in the forecast period.  Polyester fiber market is classified on the basis of products as hollow and solid. The hollow fiber acts as a filler to the clothing and other materials. The segment will witness growth with a substantial CAGR of around 7.5% in the forecast timespan. Solid segment holds a prominent share in global polyester fiber market and will spur to capture a over three-quarters of the industry share in coming years.  Asia Pacific, in terms of revenue is a major segment and holds in excess of 65% of the global polyester fiber market share and is poised to increase in the upcoming years. North America and Europe will see growth at a sluggish rate owing to the increasing trends of using organic fabrics for apparels as well as home textiles.  360 Analysis Read Our Blog:

@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com Competitive Trends: The notable industries Polyester Fiber are Polyester Fiber  Indorama Ventures  Reliance Industries  Toray Industries  Märkische Faser GmbH  Sarla Performance Fibers Inquire Before Buying This

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