Staple Fiber Market Size Worth USD 267.65 Billion 2030| CAGR of 3.8%

A new report by Reports and Data predicts that the Global Staple Fiber market will reach USD 267.65 Billion by 2030. Staple Fibers are fibers that can be twisted to create yarn, and their increasing use in the textile industry is expected to drive market growth in the coming years. These fibers possess desirable properties such as good elasticity, shape retention, wrinkle resistance, washability, and longevity, among others, making them suitable for use in a wide range of apparel fabrics, including fashionable dresses, weather-resistant clothing, and children's wear. Polyester staple fiber, in particular, is frequently blended with other fibers such as cotton to enhance the tear-resistant quality of clothing items. Additionally, polyester staple fiber is used in manufacturing furniture and upholstery, carpets, and ropes for residential purposes.

Get a sample copy of the Staple Fiber market report: https://www.reportsanddata.com/download-free-sample/2888

North America is expected to hold a significant share of the market due to the region's developed automotive industry and expanding apparel sector, which are supporting market expansion.

Other key findings from the report indicate that the Staple Fiber market held a market share of USD 178.59 Billion in 2019 and is projected to grow at a rate of 3.8% during the forecast period. The report segments the market according to Product Type, Raw Materials, Application, and Region, with the woven segment projected to witness a considerable growth rate of 3.8% during the forecast period, occupying over 35.0% of the market by 2027. Similarly, the polyester segment is projected to witness a growth rate of 3.8% during the forecast period, holding over 30.0% of the market share by 2027. The apparel industry segment held a considerable share of the market, with over 25.0% of the market in 2019, and a CAGR of 3.6% during the forecast period. Europe held over 20.0% of the market in 2019, with a CAGR of 3.6% during the forecast period, supported by a well-established automotive industry and growing emphasis on personal care and hygiene.

Key participants in the Staple Fiber market include Unitec Fibers, Nirmal Fibers Ltd., Shanghai Polytex Co. Ltd, Legs SP. Zo. O, Xinda Corp, Eijin Fronteir Co. Ltd., Advansa, Sateri International Co. Ltd. , Hubei Botao Synthetic Fiber Co., Ltd., Celanese AG, Zedtex Australia Pty Ltd., and US Fibers.

Staple Fiber Market: Drive Factors

The growth of the Nylon Staple Fiber market is being driven by various factors. One of the key factors is the increasing use of staple fibers in the textile industry. Staple fibers are fibers that can be twisted to manufacture yarn, and they possess good elasticity, shape retention, wrinkle resistance, washability, and longevity, among others. As a result, they find extensive application in various types of apparel fabrics, including fashionable dresses, weather-resistant clothing, and children's wear. Polyester staple fiber, in particular, is frequently blended with other fibers such as cotton to get the combined benefits of both materials, providing better tear resistance as compared to cotton or other materials used in making clothing items.

Additionally, the staple fiber market is being supported by the growth of the automotive industry and the advancing apparel sector, particularly in North America and Europe. The well-established automotive industry and growing emphasis on personal care and hygiene are supporting the growth of the sector in Europe, while the developed automotive industry and advancing apparel sector are driving the growth of the market in North America.

In terms of product type, the woven segment is projected to witness considerable growth, thanks to the increasing demand for thicker work clothes from the apparel sector, such as jeans and coveralls, and the applicability of this type of fiber in manufacturing such thick clothes due to its rigidity. Meanwhile, in terms of raw material, the polyester segment is expected to witness significant growth, thanks to the traits of the fibers made from this raw material, including good elasticity, shape retention, wrinkle resistance, washability, and longevity, among others.

Overall, the staple fiber market is set to grow at a rate of 3.8% during the forecast period, with a projected market size of USD 267.65 billion by 2030.

Explore Trending Reports:

Bio-Polish Market-https://www.reportsanddata.com/report-detail/bio-polish-market

Polyetheretherketone (PEEK) Powder Market-https://www.reportsanddata.com/report-detail/polyetheretherketone-peek-powder-market

Polyphenylene Sulphide (PPS) Film Market-https://www.reportsanddata.com/report-detail/polyphenylene-sulphide-pps-film-market

Liquid Waste Management Market-https://www.reportsanddata.com/report-detail/liquid-waste-management-market

Double Diaphragm Forming (DDF) Technology Market-https://www.reportsanddata.com/report-detail/double-diaphragm-forming-ddf-technology-market

Request a customization of the report: https://www.reportsanddata.com/request-customization-form/2888

Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.

About Reports and Data    

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

(Head of Business Development)

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Blogs | Press Release | Industry News | Our competencies

Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports

Browse More Latest Reports @ https://www.reportsanddata.com/report

Browse Latest Blogs: https://www.reportsanddata.com/blogs

Browse Latest Press Release: https://www.reportsanddata.com/press-release

Comments

Post a Comment

Popular posts from this blog

Benzyl Alcohol Market Size Worth USD 397.6 Billion 2032| CAGR of 5.8%

According to a recent report by Reports and Data, the global benzyl alcohol market is expected to reach a size of USD 397.6 Billion by 2032 with a revenue CAGR of 5.8% during the forecast period. The increasing demand for benzyl alcohol for skin medication and its adoption in paints and coatings are some of the key drivers of market revenue growth. Benzyl alcohol is used in a wide range of applications, including inks and polishes, as it eliminates unpleasant odors and provides a mild scent. It is also used to improve the texture and consistency of products, which has increased its demand. Furthermore, benzyl alcohol is a degreasing agent and a bonding agent, which is driving the growth of the market. The adoption of benzyl alcohol in paints and coatings is also expected to contribute to revenue growth. Benzyl Alcohol Market: Notable Innovation There have been no recent notable innovations specifically in the benzyl alcohol market. However, some companies are focusing on developin...
Read more

Wax Market Size Worth USD 10.75 Billion 2032| A CAGR of 5%

Market Overview: The global wax market had a value of USD 10.75 Billion in 2022 and is projected to reach USD 16.68 Billion by 2032, with a forecasted revenue Compound Annual Growth Rate (CAGR) of 5% during the forecast period. One of the significant contributors to the growth of the wax market is the packaging industry. Wax is employed as a coating on packaging materials to enhance their quality and durability. Increased demand for packaged food and beverages, consumer goods, and pharmaceuticals has led to higher utilization of wax in packaging, driving market revenue growth. The candle sector is another crucial factor boosting revenue growth in the wax market. Various types of wax, such as paraffin, beeswax, and soy wax, are used in candle production. The demand for wax in the candle industry has risen due to increased interest in decorative and scented candles for occasions like festivals, weddings, and birthdays. Moreover, the market has seen an uptick in the demand for natura...
Read more

Pressure Sensitive Adhesives Market Size to Surpass USD 72.58 billion by 2032

Market Overview: The global pressure-sensitive adhesives market reached a size of USD 13.20 Billion in 2022, and it is projected to experience a revenue compound annual growth rate (CAGR) of 5.1% throughout the forecast period. The rising popularity of pressure-sensitive adhesives is attributed to their simplicity of application and cost-effectiveness compared to conventional attachment systems, driving the market revenue growth. Pressure-sensitive adhesives, also known as self-adhesive or self-stick adhesives, are a significant category of adhesive tapes. They are thin and flexible substances with single or double-sided coatings that adhere firmly to most clean, dry surfaces without requiring heat, solvent, or water. This ease of application is a key factor contributing to the market's growth. Get a sample copy of the Pressure Sensitive Adhesives Market report, visit: https://www.reportsanddata.com/download-free-sample/1629 Market Dynamics: Drivers: Emergence of pres...
Read more