What is Elastic Polyester Fibers?
Elastic Polyester Fibers is a type of polymer that has an ester functional group in each repeat unit of its main chain. It most commonly refers to a type of material known as polyethylene terephthalate (PET). Polyesters include both naturally occurring chemicals found in plants and insects and synthetics like polybutyrate. Natural and a few synthetic polyesters are biodegradable, but the vast majority of synthetic polyesters are not. Synthetic polyesters are widely used in clothing. Polyester fibers are sometimes spun with natural fibers to create a fabric with mixed properties. Cotton-polyester blends can be durable, wrinkle- and tear-resistant, and shrink-resistant. When compared to plant-derived fibers, synthetic fibers made of polyester have superior water, wind, and environmental resistance. They have lower fire resistance and can melt if ignited. Liquid crystalline polyesters were among the first liquid crystal polymers to be used in industry. They are used for their mechanical and heat-resistant properties. These characteristics are also important in their use as an abradable seal in jet engines.
|Unit||Value (USD Million)|
|Key Companies Profiled||Tongkun Group (China), Reliance (India), Zhejiang Hengyi Group (China), Shenghong (China), Xin Feng Ming Group (China), Hengli Group (China), Jiangsu Sanfangxiang Group (China), Sun Fiber LLC (China), Sinopec Yizheng Chemical Fibre (China) and DAK Americas (United States)|
The study covers a detailed analysis segmented by key business segments i.e. by type (PTT Fiber, PBT Elastic Fibers, Polyester DTY Stretch Yarn and Composite Stretch Yarn) , by application (High-End Clothing and Functional Fabrics, Flooring Material, Fiber Core and Wool-like Fabric) and major geographies. Research Analyst at AMA predicts that Chinese Vendors will contribute to the maximum growth of Global Elastic Polyester Fibers market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Elastic Polyester Fibers market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Tongkun Group (China), Reliance (India), Zhejiang Hengyi Group (China), Shenghong (China), Xin Feng Ming Group (China), Hengli Group (China), Jiangsu Sanfangxiang Group (China), Sun Fiber LLC (China), Sinopec Yizheng Chemical Fibre (China) and DAK Americas (United States).
On 16th April 2021, Tongkun Group Co., Ltd. signed an agreement to acquire Anhui Youshun New Materials Co., Ltd. from Tongkun Group Co., Ltd for CNY 91.6 million. Under the term, Tongkun Group will pay 50% of the consideration within 5 working days from the agreement effective date and the remaining 50% will be paid within 30 working days from the agreement effective date. Anhui Youshun New Materials Co., Ltd. reported total assets of CNY 74.73 million, net assets of CNY 70.33 million and net loss of CNY 9.41 million.
The Federal Trade Commission announces amendments to Textile Fiber Products Identification Act Textile Rules Rule 7 to create a new generic fiber subclass name and definition for a subclass of polyester fibers manufactured by E. I. du Pont de Nemours and Company, Wilmington, Delaware. The amendments to Rule 7 replace the generic name polyester with the subclass name for a specific subclass of inherently elastic, multicomponent textile fibers defined in the amendments and previously referred to as T400 by DuPont.
The competitive landscape of the polyester fiber market provides information on a competitor. Company overview, financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance are all included. The data points presented above are solely related to the companies' focus on the polyester fiber market.
Elastic Polyester Fibers Market Dynamics:
- Developments in the Global Fashion Industry
- Growing Urbanization and Home Décor Industry
- Superior Properties of Polyester Fibers As Compared To Other Synthetic Fibers
- Side Effects and Elastic Polyester Fibers
|Road Blocks / Challenges|
- Volatile Raw Material Prices
|Gaps & Opportunities|
- Rising Disposable Income in Emerging Economies
- Favorable Government Initiative to Support Eco-friendly Production
Key highlights of the Global Elastic Polyester Fibers market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Elastic Polyester Fibers market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Elastic Polyester Fibers market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Elastic Polyester Fibers Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Elastic Polyester Fibers market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Elastic Polyester Fibers market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Elastic Polyester Fibers Manufacturer, Elastic Polyester Fibers Supplier & Distributors, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.