Polyester staple fiber has increase its annual growth

Bharatbook.com added a new report on "Polyester Chain Report" which gives information on consumption and production of the Polyester Industry.

Online PR News – 26-November-2009 – – Polyester Chain Report 2009

This “Polyester Chain Report: 2009” 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 2008 and projections upto 2014 for both fibre and filament. Processes description, end use and derivatives along with the latest producer-wise capacity are added feature of this report. ( http://www.bharatbook.com/detail.asp?id=30030&rt=Polyester-Chain-Report.html )

The polyester staple fibre industry was adversely affected by the global slowdown with crisis aggravating in the second half of the year. About half a billion US$ were shaved off during the year at US$16.5 billion. Such drastic performance was unseen in the past 10 years. During 2008, capacity expanded by mere 1% while output and consumption declined 2.5% and 3% respectively. Only 158,000 tons of net capacity was added during the year, with Asia alone adding 590,000 tons. Other regions witnessed capacity derating.

Consumption of polyester staple fiber has been increasing at an annual growth rate of 6.2% between 1998 and 2008. In 2008, it declined sharply by 3% to 12 million tons. Asia, though account for 87% of global production consumed 76% of global supplies in 2008, thus becoming the major exporter of PSF. However, in recent years, domestic demand within Asian countries has seen a steep rise. In the past 8 years, consumption of PSF recorded an increase of 8% per annum as against less than 7.7% a year growth in production. Five years ago, 25% of Asia’s production was exported (including intra-region trade) and the same has come down to 17% in 2008.

Polyester filament yarn consumption reached 18.6 million tons increasing 0.1% in 2008. Of this, Asia alone consumed 17.3 million tons. Outside Asia, prominent consuming regions were Middle East and USA, together consuming 7% of global supplies with volumes at 0.74 million tons and 0.61 million tons respectively. Americas including south and Central, together consumed 6% or 1.1 million tons of PFY.

To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=30030&rt=Polyester-Chain-Report.html


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