(1888PressRelease)
April 21, 2009 - 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.
Asia has become the prominent supplier and consumer of polyester, dominated primarily by China followed distantly by India. China accounts for 55% of global staple fibre supplies and 64% of polyester filaments. In 2007, both industries in China recorded double digit growth rates. India too did not miss the opportunity and grew by over 15%. Prices reflected the demand-supply economics. They rose prominently in Europe and Asia but were a bit sluggish in USA markets.
The “Polyester Chain Report: 2008” published by www.YnFx.com 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.
You may view the detailed Table of Contents of the report here: Report TOC
To get the complete analyzed report on the global polyester chain industry please contact us at sales ( @ ) ynfx dot com or call us at 91 22 66291122.
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