Global Recycled Polyester Staple Fiber Market is Estimated to Reach $XX Billion by 2025, Says Accurize Market Research
Global Recycled Polyester Staple Fiber Market report published by Accurize Market Research forecast that the global market is expected to reach $XX billion by 2025; growing at a CAGR of XX% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
To browse the complete report, visit at https://www.accurizemarketresearch.com/report/-recycled-polyester-staple-fiber-market
Ever increasing textile industry worldwide, rising demand for non-woven fabric, and rising awareness of shoppers regarding recycled PSF and sustainable textiles to drive the growth of the market
Ever increasing textile industry worldwide, rising demand for non-woven fabric, and rising awareness of shoppers regarding recycled PSF and sustainable textiles fuel the demand for the global recycled polyester staple fiber market. Furthermore, ongoing research to improve superior fibers and acceptance of recycled PEF in construction and personal care sectors also boosts the growth of the market.
Market Segmentation
The global recycled polyester staple fibermarket has been bifurcated on the basis oftype, application, and geography. The type segment is sub-segmented into solid fiber, and hollow fiber. Furthermore, the application segment is bifurcated into apparel, home furnishing, automotive, filtration, construction, and personal care & hygiene.
By geography the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Germany, France, and Rest of Europe. Asia-Pacific is segmented into China, Japan, India, South Korea, Taiwan, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
Top players in the market
The key players operational in the market includes China Petroleum & Chemical Corporation, Reliance Industries Limited, Zhejiang Hengyi Group Co., Ltd., W. Barnet GmbH & Co. KG, TORAY INDUSTRIES, INC., Indorama Ventures Public Company Limited, Alpek S.A.B. de C.V., Ganesha Ecosphere Ltd., Bombay Dyeing, and DiyouFibre (M) SdnBhd among others.
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