Global Recycled Polyester Staple Fiber Market report published by Accurize Market Research forecast that the global market is expected to reach $XX billion by 2025; growing at a CAGR of XX% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.

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Ever-increasing textile industry worldwide, rising demand for non-woven fabric, and rising awareness of shoppers regarding recycled PSF and sustainable textiles to drive the growth of the market

Ever-increasing textile industry worldwide, rising demand for non-woven fabric, and rising awareness of shoppers regarding recycled PSF and sustainable textiles fuel the demand for the global recycled polyester staple fiber market. Furthermore, ongoing research to improve superior fibers and acceptance of recycled PEF in construction and personal care sectors also boosts the growth of the market.

Market Segmentation

The global recycled polyester staple fiber market has been bifurcated on the basis of type, application, and geography. The type segment is sub-segmented into the solid fiber and hollow fiber. Furthermore, the application segment is bifurcated into apparel, home furnishing, automotive, filtration, construction, and personal care & hygiene.

By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in the U.S., Canada, and Mexico whereas Europe consists of the UK, Germany, France, and the Rest of Europe. Asia-Pacific is segmented into China, Japan, India, South Korea, Taiwan, and the Rest of Asia-Pacific while RoW is bifurcated into South America, the Middle East, and Africa.

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Top players in the market

The key players operational in the market includes China Petroleum & Chemical Corporation, Reliance Industries Limited, Zhejiang Hengyi Group Co., Ltd., W. Barnet GmbH & Co. KG, TORAY INDUSTRIES, INC., Indorama Ventures Public Company Limited, Alpek S.A.B. de C.V., Ganesha Ecosphere Ltd., Bombay Dyeing, and DiyouFibre (M) Sdn Bhd among others.