Staple Fibers Market 2023 Professional Survey Report; Industry Growth, Shares, Opportunities And Forecast To 2030

 

Staple fiber refers to the fiber of short length and can be of any fiber composition. A continuous fiber like natural or artificial silk is called staple fiber and not short-staple fibers. They are used in baby clothing, adult clothing, towels, socks, caps, etc. Some manufacturers use short-staple fibers in making children's clothing and men's suits because of their softness. Short staple fibers are also used in making draperies and rugs as they do not absorb moisture well. They are made of needles and yarns of the same length. There are some producers who make fibers of longer length from wool and cotton. This can be produced easily, as there is less work involved.

Increasing demand for the product from clothing construction, needle crafting, rug-making, and weaving industries is primarily fueling the growth of the staple fibers market. The yarns of the product are suitable for producing heavy-use objects such as coats, rugs, wrap threads, and blankets. Growing demand for carpets due to the increasing number of houses is again driving the growth of the market. This is also attributed to the increasing population around the globe. The decrease in temperature level is boosting demand for blankets during winters and also in colder areas. This has further boosted the growth of the market. Furthermore, the growing demand for cost-effective synthetic fibers from developing countries is further projected to propel the growth of the Staple fibers market.

The Asia Pacific is projected to gain significant growth over the forecast period and this is attributed to the improving economic conditions coupled with the rise in the number of manufacturing industries. According to the India Brand Equity Foundation, India exported 34% of the world's polyester staple fibers ($24 million) and China exported 22% ($16.4 million) of the world's polyester staple fibers.  These two countries are accounted for as the major exporters of polyester staple fibers.

Key Developments:

1.      In March 2019, Beaulieu Fibers International (BFI), a European polyolefin fiber supplier has exhibited at the IDEA 2019 show in Miami, FL, as an ‘all solution provider’ for polyolefin carded nonwovens in personal care and hygiene, geotextiles, automotive, floor coverings, and filtration applications.

2.      In February 2020, Eastman, the producer of sustainably sourced Naia™ cellulosic filament yarn, announces the expansion of its Naia™ fiber portfolio at Première Vision-Paris (PV), the international fashion and textile exposition

3.      In October 2020, China's Zhengzhou commodity exchange (ZCE) launched its polyester staple futures.

4.      In June 2020, Turkey announced the launch of a safeguard investigation on staple fibers of polyestersa