Global Staple Fibers Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Staple Fibers Market By Type & Application: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the staple fibers market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Increasing demand for sustainable textiles and recycled polyesters that are made from recycled materials are expected to drive the major market of staple fibers. Further, growing awareness about environmental concerns by using these fibers boost the market growth of staple fibers in construction & textile industries. Moreover, long durability and cost effectiveness lead to use of staple fibers in automotive fabrics and home furnishing products are expected to drive this market.
However, increasing prices of cotton and availability of substitute products to staple fiber products could hinder the market growth. Although, increasing investments in research and developments of recyclable fibers is anticipated to create better opportunities in upcoming years.
This report presents a detailed evaluation of staple fibers, which incorporates current industry situations such as market size, growth and demands, market outlook, major players with their key strategies which include investment, mergers and acquisitions, value chain analysis and porter’s evaluation. It covers the marketplace canvas and the boom opportunities in the coming years. The report has been made with an in-depth analysis along with vital inputs from the various industry professionals. The research is accomplished with both extensive primary and secondary data resources supported with either bottom up or top down approach.
The major growth factors for staple fibers market in Asia-pacific region is due to increasing population and improved standards of living that propel the manufacturing and usage of staple fibers in clothing and construction industries in countries like China, India, Japan, Taiwan, and South Korea. However, U.S. is the largest consumer of staple fibers as compared to Canada in North American region which is followed by Europe. Also, development in textile industries and increasing construction businesses are expected to grow the staple fibers market in LAMEA region in upcoming years.
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in global staple fibers market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why?
The major companies profiled in the report include: Tongkun Group Zhejiang Hengsheng Chemical Fiber Co., Ltd., Indorama Ventures Public Company Limited, Alpek S.A.B. de C.V., Toray Industries, Inc., China Petroleum & Chemical Corporation, Reliance Industries Limited, W. Barnet GmbH & Co. KG, Aditya Birla Group, Zhejiang Fulida, and Swan Fiber Company.
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