POLYESTER STAPLE FIBRE
Overview
The US$50 billion polyester industry has performed handsomely in 2007. Both demand and prices were the most favorable for the industry dur-ing the year. Robust economic growth across the world led to an un-precedented price level of crude oil which influenced other commodi-ties to rise. As a result, the polyester staple fibre industry value rose to US$17 billion while polyester filament industry surged to US$32 billion.
Polyester has become the most sought after fibre across end use. Although it is the major textile and clothing fibre, of late its use in industry, particularly in construction is remarkable. In 2007, industrial polyester filament demand was mainly led by rapid road construction activity in China. Automobile has been a growing segment for polyester use.
The global polyester industry achieved a staggering growth rate of 12% at 32 million tons. That was the highest growth rate recorded in the last 10 years, when production in 1997 jumped 17% after adding 2.2 million tons. All segments increased above-average with filament yarn up 14% to 19 million tons and staple fibres up 12% to 12.7 million tons.
Complete data on polyester demand - supply, price trends, end use is available in the YnFx Polyester Chain Report 2008 the recent edition published by YNFX
You may also view the Table of Contents || Report Highlights
The report contains 150 pages packed with up-to-date statistics and objective analysis of the trends and recent development of the polyester Industry covering the entire value chain beginning from ethylene 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 2003 to 2007 and projections upto 2013 for both fibre and filament. Processes description, end use and derivatives along with the latest producer-wise capacity are added feature of this report. |
