In 2021, China produced over 21.41 million units of passenger cars.
China Polyester Staple Fiber Market is expected to expand during the projected period due to increasing demand from automotive sector as it is used in the production of automobile carpets, seating fabrics, side, roof, floor, and door panels, safety belts, tires, airbags, air filters, fuel filters, insulation materials, etc.
China Polyester Staple Fiber Market is a dynamic and competitive sector that offers opportunities for growth and innovation. The market players are focusing on expanding their product portfolio, enhancing their quality standards, improving their distribution network, and increasing their market share. Along with this, merger, and acquisition activity in the market enhances companies' presence in the region as these acquisitions help companies to better serve their customers and meet the growing demand for polyester staple fiber in China in the projected year.
Rising Demand from Automotive Sector
In addition, polyester staple fiber help in noise and vibration dampening within vehicles. Automotive components, such as door panels, trunk liners, and floor mats, utilize polyester fibers to reduce road noise and vibrations, resulting in a quieter and more enjoyable ride. The fiber's high-density structure effectively absorbs and isolates noise, enhancing the overall driving experience and passenger comfort. Moreover, in the pursuit of improved fuel efficiency and reduced emissions, automakers are increasingly focused on vehicle weight reduction. Several researchers estimate that the increased expenses per kilogram of weight saved in vehicle weight reduction measures will be possible with electric automobiles. Regular IC engine-powered automobiles can only save 2-3 per kilogram of weight, whereas electric vehicles can save 7-8/kg. In their regular driving cycles, general cars use more energy when accelerating, but they may also recover more kinetic energy through braking energy recovery.
A lighter vehicle body enables battery reduction while preserving range in electric cars. Polyester staple fiber, being lightweight and durable, helps achieve these objectives. By replacing traditional heavier materials with polyester fiber-based composites in interior and non-structural components, automakers can significantly reduce the overall vehicle weight. This weight reduction enhances fuel efficiency, lowers emissions, and contributes to a greener and more sustainable automotive industry.
For instance, according to International Organization of Motor Vehicle Manufacturers, the production of passenger cars in China was 21444743 in 2021, which then increased to 23836083 in 2022, a total increase of 11%.
Additionally, polyester staple fiber's exceptional impact resistance and energy absorption properties make it invaluable in automotive safety applications. The fiber is commonly used in the production of airbags, seat belts, and other safety components. Polyester fibers have high tensile strength, providing reliable reinforcement and protection during collisions and accidents. Moreover, the inherent fire resistance of polyester staple fiber ensures enhanced safety within the vehicle cabin. Furthermore, sustainability has become a key focus in the automotive industry, and polyester staple fiber aligns well with these goals. Polyester fibers can be produced from recycled materials, including post-consumer and post-industrial waste, reducing reliance on virgin resources as well as produced from the polymeric material which are easily degradable by the microorganisms and minimizing environmental impact. Additionally, polyester staple fiber is recyclable, making it an environmentally friendly choice. By adopting recycled polyester fibers, automakers can contribute to a circular economy and reduce their carbon footprint.
For instance, Zhejiang Anshun Pettechs Fibre Co. Ltd. produces Biodegradable Polyester Fiber ECO-AN that can be degradable with CICLO technology in the natural environment without leaving behind any toxic residues.
Therefore, increasing demand of polyester staple fiber in the automotive sector led to the growth of China Polyester Staple Fiber Market in the upcoming years.
Growing Demand in the Filtration Sector
For instance, Barnet produced Polyester staple fiber a conventional fiber which are used in filtration industry in China.
Additionally, polyester fiber-based filter bags are also used in industrial dust collectors, providing efficient filtration and ensuring a clean and safe working environment. These filters help mitigate health risks associated with airborne dust, such as respiratory issues and allergies.
Hence, the increased use of polyester staple fiber for powertrain application fueling the China Polyester Staple Fiber Market growth in the projected period.
Increasing Utilization in the Home Furnishings Sector
For instance, according to United States International Trade Commission, China export 0.997 million tonnes of polyester staple fiber globally in 2021.
Polyester fibers provide comfort and support, ensuring a pleasant seating experience for homeowners. Additionally, the fiber's versatility allows for a wide range of design options, from sleek and modern to plush and luxurious, catering to diverse consumer preferences. These fibers are extensively used in bedding and pillows due to their exceptional loft, lightweight nature, and hypoallergenic properties. The fiber's ability to provide insulation and maintain warmth without being heavy makes it ideal for duvets, comforters, and blankets. Polyester-filled pillows offer softness and support, ensuring a restful sleep experience. Moreover, the hypoallergenic nature of polyester fibers makes them suitable for individuals with allergies or sensitivities. Moreover, the fiber's durability, stain resistance, and color-fastness make it a popular choice for high-traffic areas in homes. Polyester carpets and rugs offer excellent wear resistance and can withstand daily use, ensuring longevity and easy maintenance. Additionally, the fiber's ability to retain vibrant colors over time enhances the visual appeal of home interiors.
For instance, Zhangjiagang Yongxing Machinery Co., Ltd. offers Recycled Polyester staple fiber which are used as a polyfill for stuffing cushions, pillows, soft toys, quilts.
Moreover, these fibers are used in the manufacturing of curtains and draperies as it offers versatility in design, as they can be easily dyed and printed with various patterns and colors. All these factors are anticipated to boost market growth.
However, fluctuations in the prices as well as availability of raw materials such as Purified Terephthalic Acid (PTA) and Monoethylene glycol (MEG) impact the overall production costs of polyester staple fiber, affecting market stability and restraining the growth of the market. Furthermore, stringent regulations during the production of polyester staple fiber further slowdown the market growth.
Recent Development
- In
2021, Zhangjiagang Yongxing Machinery Co., Ltd. introduced the new type of
staple fiber non-woven equipment that produced fiber for the economical
production of small batches.
Market Segmentation
Company Profiles
Attribute
|
Details
|
Base Year
|
2022
|
Historic Data
|
2018 – 2021
|
Estimated Year
|
2023
|
Forecast Period
|
2024 – 2028
|
Quantitative Units
|
Revenue in USD Million, Volume in Tonnes and CAGR
for 2018-2022 and 2023-2028
|
Report coverage
|
Revenue forecast,
volume forecast, Company shares, competitive landscape, growth factors, and trends
|
Segments covered
|
Product
Origin
Application
|
Region scope
|
South-Central,
East, Southwest, North & North-East, Northwest
|
Key companies profiled
|
Toray
Industries (China) Co., Ltd., Barnet Fibers Shanghai Co. Ltd., FiberVisions
(China) Textile Products Ltd., Zhejiang Anshun Chemical Fiber Co., Ltd.,
Changshu Azure Imp & Exp Co. Ltd, Zhangjiagang Yongxing Machinery Co.,
Ltd., Jiangyin Huacai Textile Co., Ltd.
|
Customization scope
|
10% free report customization with purchase. Addition
or alteration to country, regional & segment scope.
|
Pricing and purchase
options
|
Avail customized
purchase options to meet your exact research needs.
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
|