10% CAGR Expected in the Polyester Market; Proportional Growth for Fiber Intermediates Market

While APAC leads in the highest demand for fiber intermediates owing to high growth rate of 10% CAGR in the Polyester Industry in this region; specific countries like India, China, Japan, and South Korea are leaders in terms of supply and production of fiber intermediates.

Fiber intermediates are a range of intermediate products produced from xylene or benzene like p-xylene, cyclohexane and TPA. It is an informal term which has become nearly conventional over a period of term; and can be further processed to create polymers for synthetic fibers such as polyester and nylon. Fiber intermediates market witnesses itself in vastly in the production of fabrics, plastics, disinfectants. Applications in end user industries vary from textile to automobile to petrochemical, plastic and others. Top primary attributes of the study of fiber intermediates industry are noted to be ethylene glycol (eg), polyethylene, acrylonitrile, orthoxylene, toluene, paraxylene and others.

Estimations, Projections and Overall Market Analysis:

Growth in the polyester market directly affects the growth in fiber intermediates market. With an expected CAGR growth of 10% until 2020 in the polyester market, equal quality driving will be noted in the fiber intermediates industry. Among all types, demand for caprolactam and acrylonitrile is projected to grow at 3% CAGR growth in the coming 5-6 years, according to IndustryARC market research study.

Global demand for caprolactam and acrylonitrile is set to grow by approximately 3% each year during the coming period. The strongest growth of up to 6% per year is to be seen in China until 2020. The demand for the US and Europe is expected to remain relatively stable. The demand for polyvinyl chloride (PVC) had increased from 8.5% in 2011-12 to 12.8% in 2012-13. And, it remained stable at 9.4% till 2015 end.

Geographically, the largest global consumer of polyester is accounted to be APAC, according to IndustryARC experts. Thus, this region holds extremely high demand for the fiber intermediates since they are used as the primary raw materials in polyester manufacturing. And in terms of production of the fiber intermediate products, China, South Korea, India and Japan are the leaders.

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Applications and End Users Outlook:

Polyster, nylon, spandex fibers, anti-freezers, polyurethane resins, bactericides are leading end user applications of fiber intermediates. Poly vinyl chloride (PVC) and Polyethylene are not only widely used in the manufacture of bottles, but also in other non-food packaging processes. They are yet also utilized in the production of cards: debit, credit, and membership cards etc which are vastly used in the plastics industry.

What will this market research report on Fiber Intermediates offer to you?

The fiber intermediates market report gives the detailed information about the product value chain right from the beginning, which as the power in the hands of producers and consumers, analysis of the degree of competition, and threats of substitutes and new entrants. This market research analysis report also includes raw materials till end-use. Needless to say, above given briefs like estimations, applications study, future projections, past records of the overall market, end user understanding in depth etc are all included in here. The other two most important study factors included are:

  1. Segmentation of Fiber Intermediates Market:
    a. Based on Type: Paraxylene, Caprolactam, Orthoxylene, Acrylonitrile and Others.
    b. Based on Application: Fabrics, Antifreezes, Detergents, Bactericides and Others.
    c. By Geography: Americas, Europe, APAC and ROW.
  2. Vendors Brief of Fiber Intermediates Market:
    DSM Fiber Intermediates, Invista, Fiber Intermediate Products Company (FIPCO), Reliance Industries Limited, BASF, DOW, Indian petrochemical corporation ltd, Diacel chemical industries ltd, Nylacast Limited Company and few others are noted as the top few company players in this industry, according to IndustryARC study.

Fiber Intermediates Market is evidently a booming industry with variety of utilizations and applications in a vast group of end user companies. Upcoming years in this market are profitable in terms of investment if we consider the pace this industry is growing at and the impact is reflected on other end user industries.

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