Global Flame Retardant Polyester Staple Fiber Market Share Is Likely To Reach At A CAGR Value Of Around 5% By 2026

05-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Flame Retardant Polyester Staple Fiber Market By Type (Polyester Staple Yarns and Polyester Filament Yarns) and By Application (Automotive Industry, Clothes, Insulation material, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Flame Retardant Polyester Staple Fiber market in 2019 was approximately USD 23,745 million. The market is expected to grow at a CAGR of 5% and is anticipated to reach around USD 26,125 million by 2026.

The Flame Retardant Polyester Staple Fiber is made up of MEG and PTA. The property of flame subnormality is embedded into the polyester fiber by adding chemicals in the copolymerization process. These fibers are widely used in sofas, clothing, cushions and other products. The fiber impedes the growth of the flame through its property of self-extinguishing.

Browse the full “Flame Retardant Polyester Staple Fiber Market By Type (Polyester Staple Yarns and Polyester Filament Yarns) and By Application (Automotive Industry, Clothes, Insulation material, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/flame-retardant-polyester-staple-fiber-market-by-type-644

Bolster of the textile industry worldwide is the key driving factor in the growth of this industry. Moreover, significant growth in furnishing, e-commerce industry and increase in population worldwide is aiding the growth of the Flame retardant polyester staple fibers. However, less awareness related to the benefits of flame retardant fibers might restrain the growth of the flame retardant polyester staple fibers industry during the forecast period. Conversely, recent government initiatives such as low labor cost and tax incentives for encouraging domestic manufacturing are projected to offer abundant opportunities for key players and new players.

On the basis of product type, Polyester Filament Yarns dominated the global market in 2019 and held approximately 70% of the shares of the Flame Retardant Polyester Staple Fiber industry worldwide. This surge in the growth of this segment is owed to the wide range of applications this segment has such as rope, curtain, conveyor belt, tire fabric, draperies and many more.

Based on application, the automotive industry led the global Flame Retardant Polyester Staple Fiber market in 2019 with around 21% of shares worldwide. This segment is anticipated to bolster even more in the forecast period owing to the growth of the automotive industry worldwide.

Asia-Pacific was registered for the highest market share in 2019 with more than 55% shares worldwide, owing to the presence of a huge number of industries requiring a large amount of fire-resistant cloths for its laborers, bolster in the automotive industry in this region and the presence of huge population.

Report Scope

Some of the essential players operating in the Flame Retardant Polyester Staple Fiber market, but not restricted to includeTrevira, DuPont, Kaneka, Toyobo, Reliance, TenCate, Springfield LLC, Toray Industries, Hangzhou Hanbang Chemical Fiber, Jinan Sanjiang, and others.

This report segments the Flame Retardant Polyester Staple Fiber market as follows:

Global Flame Retardant Polyester Staple Fiber Market: By Type Segmentation Analysis

• Polyester Staple Yarns
• Polyester Filament Yarns

Global Flame Retardant Polyester Staple Fiber Market: By Application Segmentation Analysis

• Automotive Industry
• Clothes
• Insulation material
• Others

Global Flame Retardant Polyester Staple Fiber Market: Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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