Polyester Staple Fiber (PSF) Market Size (2024 - 2029)

Polyester Staple Fiber Market Analysis

The polyester staple fiber market is expected to register a CAGR of over 4% during the forecast period.

Polyester staple fiber is commonly used in spinning and non-woven weaving. PSF is mostly utilized in cushion and couch fiber fillings. It is also used in polyester spun yarn production, which is subsequently knitted or woven into textiles.

• Over the medium term, the significant factors driving the market studied are the increasing demand from the textile industry for making apparel and the rising demand from the home furnishing segment. Growing awareness regarding recycled polyester staple fiber due to increasing environmental concerns is expected to offer various lucrative opportunities for market growth.
• By application, the apparel segment is expected to dominate the market due to the increase in the usage of polyester staple fiber to make apparel, as it is cheaper than cotton.
• On the flip side, stringent legal and political regulations on manufacturers are restraining the polyester staple fiber market.
• The Asia-Pacific region dominated the polyester staple fiber market globally, with enormous consumption from countries like China and India.

Polyester Staple Fiber Industry Segmentation

Polyester staple fiber (PSF) almost includes the same properties as polyester fiber, manufactured directly from MEG or PET chips and PTA or recycled PET. Virgin PSF is made of PTA and MEG or PET chips, while recycled PSF is made with PET flakes that have been recycled. PSF that is 100% virgin is usually more expensive than recycled PSF and is often more hygienic. Polyester staple fiber is often used in spinning and non-woven weaving. The market is segmented based on product type, origin, application, and geography. By product type, the market is segmented into solid and hollow. By origin, the market is segmented into virgin, blended, and recycled. By application, the market is segmented into textile, home furnishing, automotive, filtration, construction, and other applications. The report also covers the market size and forecasts in 15 countries across the central regions. For each segment, the market sizing and forecasts have been done based on volume (kilotons).