Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Staple Fibers Market Size is Expected to Grow from USD 209.80 Billion in 2023 to USD 313.73 Billion by 2033, at a CAGR of 4.11% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Staple Fibers Market Size, Share, and COVID-19 Impact Analysis, By Type (Cotton, Cellulosic, Polyester, and Others), By Application (Home Furnishing, Personal Care & Hygiene, Automotive, Construction, Apparel, Filtration, and Others), By Structure (Solid and Hollow), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Staple fibers are short, limited, and finite fibers that can be synthetic or natural. They are used to make non-woven or felted fabrics as well as long, continuous threads. Measured in inches or centimeters, they are essential to the clothing manufacturing process. Global demand for staple fibers is anticipated to rise as a result of the expanding fashion industry and rising per capita income, both of which have a favorable effect on the textile sector and drive the market for staple fibers over the projected period. Staple fibers are essential for creating nonwoven materials used in construction, filtration, and hygiene. The rise of the sector is fueled by urbanization, sanitary awareness, and disposable income. Nonwovens are useful for personal care, healthcare, and industrial filtering because of their cost, adaptability, and disposability. However, increased consumer demand drives oil costs, affecting textile raw materials. Factors like rising crude oil stocks, floods, and power outages contribute to these changes.
The cotton segment is predicted to hold the fastest market share through the forecast period.
Based on the type, the staple fibers market is classified into cotton, cellulosic, polyester, and others. Among these, the cotton segment is predicted to hold the fastest market share through the forecast period. Cotton is a soft, durable, and adaptable material that finds extensive usage in the textile business, especially in the clothing industry. Socks, t-shirts, casual apparel, blankets, comforters, and bed linens are just a few of the clothing products that use cotton and related materials.
The automotive segment is anticipated to hold the greatest market share during the projected timeframe.
Based on the application, the staple fibers market is divided into home furnishing, personal care & hygiene, automotive, construction, apparel, filtration, and others. Among these, the automotive segment is anticipated to hold the greatest market share during the projected timeframe. The main uses for staple fibers are in the manufacture of safety belts, insulation, flooring, carpets for cars, and seating materials. The market for staple fibers is expected to develop over the forecast period due to the expanding automotive components market.
The hollow segment is anticipated to hold the highest market share during the projected timeframe.
Based on the structure, the staple fibers market is divided into solid and hollow. Among these, the hollow segment is anticipated to hold the highest market share during the projected timeframe. Hollow polyester fibers are employed in high-performance products like ballistic protection, and high-pressure water jet suits because of their high resilience qualities, which are primarily utilized in the manufacturing of fake leather materials. Hollow fibers offer superior thermal insulation due to their higher volume and strength, as well as their ability to retain air within their core.
North America is estimated to hold the largest share of the staple fibers market over the forecast period.
North America is estimated to hold the largest share of the staple fibers market over the forecast period. North America is anticipated to lead the world market for staple fibers because of its fast-growing automobile industry and rising textile and garment output. Airbags, seat belts, and seats are among the automobile parts that use staple fibers. Additionally, the US exports a lot of cars and vehicle parts.
Asia Pacific is predicted to have the fastest CAGR growth in the staple fibers market over the forecast period. The expanding construction sector, which uses staple fibers for roofing and concrete components, is turning Asia Pacific into a profitable staple fiber market. The region's growing automotive and textile sectors are also driving the market.
Company Profiling
Major key players in the staple fibers market include Indorama Ventures PCL, Formosa Plastics Corporation, Asahi Kasei Corporation, SK Global Chemical, Mitsubishi Chemical Corporation, Far Eastern New Century Corporation, Sinopec Shanghai Petrochemical Company Limited, Thai Acrylic Fibre, Hualon Group, Reliance Industries Limited, Lotte Chemical Corporation, Zhejiang Petrochemical Corporation, SABIC, Toray Industries, and Others.
Recent Development
Key Target Audience
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the staple fibers market based on the below-mentioned segments:
Global Staple Fibers Market, By Type
Global Staple Fibers Market, By Application
Global Staple Fibers Market, By Structure
Global Staple Fibers Market, By Regional Analysis
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