Continuing its strive to create authentic and up-to-date information base for the textile community YnFx’s for the past few years have been releasing series of in-depth analytical reports on various fibre chains with global perspective. These reports are designed keeping in mind the users requirements especially to help the CEOs and the management team to take informed decisions. In the past, we had published four value chain reports, viz,
Polyester Chain Report
Nylon Chain Report,
Acrylic Chain Report, and
Viscose Chain Report
These reports were well acknowledged by readers and found them to be of great value in their business planning and corporate development. Continuing with our efforts to serve you better, we are pleased to release this edition of the ‘Polyester Chain Report: 2010”.
This “Polyester Chain Report: 2010” contains 146 pages packed with up-to-date ‘not easy to find’ statistics and objective analysis of the trends and recent development of the polyester Industry. It covers the entire polyester value chain beginning from ethylene and paraxylene further to intermediate – PTA & MEG, down to polyester fibre and filaments. The Report presents tabulation and graphical presentation of trends in demand and supply of polyester chain country-wise from 2004 to 2009 and projections upto 2015 for both fibre and filament. Processes description, end use and derivatives along with the latest producer-wise capacity are added feature of this report.
The electronic version is available for Euro 500 or equivalent in other currency. Hard copy is available on request with printing and postage charges extra.
HIGHLIGHTS
The polyester staple fibre production grew by 3.4% to 12.4 million tons in 2009, spurred by demand and increased capacity utilization. During the year, capacity ex-panded by mere 1% while output and consumption growing at faster rates. Only 172,000 tons of net capacity was added during the year, with Asia alone adding 212,000 tons while other regions witnessed capacity shutdown. Within Asia, it was only China and Vietnam to add capacities.
Consumption of polyester staple fiber increased 3% to 12.4 million tons in 2009. Asia, though account for 88% of global production consumed 79% of global supplies in 2009, thus becoming the major exporter of PSF. However, in recent years, domestic demand within Asian countries has seen a steep rise. In the past 9 years, consumption of PSF recorded an increase of 7.7% per annum slightly faster than the 7.4% growth in production.
Polyester filament yarn industry added a net capacity of 1.22 million tons in 2009 over and above the 1.50 million tons added last year. Thus, the total capacity stood at 26.4 million tons in 2009. The Asian region accounted for the entire capacity expansion and accounted for over 92% of global capacity. Capacities in all the other regions had either declined or remained steady. Middle East was seen slowly moving up in capacity building. Within Asia, it was only China and India that expanded their capacities while Taiwan shut about 100,000 tons of PFY capacity.