According to a market report, published by Sheer Analytics and Insights, The global staple fiber market was valued at $190.4 billion in 2021 and it is expected to reach $290.4 billion at a CAGR of 3.9% between 2022 and 2032. High mechanical strength and simplicity of recycling characterize staple fibers. For all filling tasks, they offer great resilience. The next generation of thermally bonded high loft nonwoven mattresses, which are more comfortable than other mattresses, are made of staple fibers. In addition, Lightweight, wrinkle-free, and light- and weather-resistant polyester staple fiber. Extreme weather conditions can also be withstood by it. It is a crucial component utilized in several end-use industries, such as construction, automotive, home furnishings, and fashion, which are anticipated to propel market expansion throughout the forecast period. Staple fibers are unprocessed natural fibers from plants or animals, such as unbleached cotton, wool, hemp, and flex that may be twisted into yarn. As a filament yarn, silk is an exception to the rule for staple fibers.
One of the most understandable components of the textile business is polyester staple fiber. It is a synthetic fiber produced by high-output, high-efficiency, spinning lines that can produce 50–300 tons per day. It is a flexible form of fiber with uses in a range of end-use industries, including filtration, textiles, home furnishings, and the automobile industry. Furthermore, the need for polyester staple fiber is being driven by a rise in the desire for affordable, environmentally friendly, resilient, and lightweight fiber. The market is expanding as a result of growing concern over the impact particular fibers have on the environment. The availability of several designs, colors, styles, and appealing prints is also anticipated to support growth. These primary factors are driving the market growth over the past few years.
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Furthermore, Sustainability is the idea of preserving the world for future generations. Population growth has increased the consumption of goods and trash, which is harmful to the environment. This has made organizations and decision-makers more aware of sustainable development. The production of textiles has a variety of negative environmental effects, including the use of water for cotton cultivation, energy use throughout the entire process, and the use of chemicals and other materials. Additionally, the simplicity and accessibility of sustainable apparel, which is supplied in a wide range of vibrant hues, fashionable cuts, and alluring prints, is also anticipated to assist the market's expansion on a global scale. However, soon, the implementation of legal and political controls may impede market expansion. Additionally, the growth of the industry will be supported by a few economies' increased capacities for producing polyester staple fiber.
However, some factors are expected to hamper the market growth during the forecast period from 2022 to 2032. For instance, the primary cause of the rise in oil costs is the rise in consumer demand, which also drives up the cost of textile raw materials. Floods, power outages, and growing crude oil inventories are all pushing up crude oil prices. With the shifting price of crude oil, the cost pressure on feedstocks, Purified Terephthalic acid, and Mono-Ethylene Glycol stabilized.
Some new developments in the global staple fiber market:
On 22nd April, 2021, Eastman introduced Naia Renew staple fiber for loungewear and casual clothing. This staple fabric is naturally soft, dries quickly, and lessens pilling in clothing. It works well to create sustainable fabrics and apparel when combined with other eco-friendly materials like lyocell, modal, and recycled polyester.
- On 12th September, 2022, At Filo, Bemberg introduced novel staple fiber. With the introduction of a brand-new "Staple-fiber" that is touted to open up new creative avenues for improved aesthetics, touch, and sustainability, Bemberg is extending its journey and evolution in modern style.
- On 10th October, 2022, utilizing the Nofia technology from FRX Innovations, Recron FS will have its sustainable and fire retardant qualities improved.
According to the study, key players dominating the global staple fiber market are Aditya Birla Group (India), Barnet (Germany), Bombay Dyeing (India), Celanese (U.S), Grupo Industrial Alfa (Mexico), Indorama Corporation (Singapore), Lenzing AG (Austria), Nirmal Fibers (India), Reliance Industries Ltd (India), Shanghai Polytex Petrochemical (China), SASAC (China), Toray Chemical (South Korea), Unitec Fibers (India), Huvis (South Korea), Xinda (Taiwan), among others.
The Global Staple Fiber Market Has Been Segmented Into:
The Global Staple Fiber Market – by Product Type:
- Solid
- Hollow
- Other Types
The Global Staple Fiber Market – by Application Type:
- Apparel
- Automotive
- Home Furnishing
- Filtration
- Personal Care and Hygiene
- Others
The Global Staple Fiber Market – by Regions:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The U.K.
- France
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Australia
- Rest of Asia Pacific
- LAMEA
- Middle East
- Saudi Arabia
- UAE
- Others
- Latin America
- Brazil
- Chile
- Others
- Africa
- South Africa
- Egypt
- Others
Browse the full report at https://www.sheeranalyticsandinsights.com/market-report-research/staple-fiber-market-21
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