Flame Retardant Polyester Staple Fiber Market Size, Share, And Forecast 2032

Flame Retardant Polyester Staple Fiber Market: Size

The global flame retardant polyester staple fiber market size was worth around USD 529.47 million in 2023 and is predicted to grow to around USD 709.16 million by 2032 with a compound annual growth rate (CAGR) of roughly 3.30% between 2024 and 2032.

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The report covers forecasts and analyses for the Flame Retardant Polyester Staple Fiber Market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on volume (Million Square Feet) and revenue (USD Million).

Flame Retardant Polyester Staple Fiber Market: Overview

Flame retardant polyester staple fibers are made using PTA and MEG or PET chips from recycled bottles. The flame retardant property is imparted into the polyester staple fiber during production by adding chemicals during the process of co-polymerization. They are widely used in cushions, sofas, clothing, special garments, and other products. They inhibit the growth of the flame with a self-extinguishing property as they do not produce toxic gases.

The study includes drivers and restraints for the flame retardant polyester staple fiber market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and various trends in the flame retardant polyester staple fiber market on a global as well as regional level.

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Flame Retardant Polyester Staple Fiber Market: Growth Drivers

Growth in the textile industry across the globe is analyzed to be the major driving factor for the growth of the global flame retardant polyester staple fiber market. Moreover, the home furnishing industry across the globe has witnessed significant growth. The growing e-commerce sector coupled with growth in the millennial population has aided the growth of the home furnishings industry. They are widely used in cushions, sofas, curtains, bed covers, etc. They have been gaining huge popularity owing to their superior strength as well as their quick drying property. Moreover, demand from emerging economies such as China and India is expected to be another major driving factor for the growth of the flame retardant polyester staple fiber market. Initiatives from the government to encourage domestic manufacturing such as tax incentives and low labor costs are expected to provide ample growth opportunities for the key players operating in the global flame retardant polyester staple fiber market. However, low awareness regarding the benefits of flame retardant fibers is expected to slightly restrain the growth of the global flame retardant polyester staple fibers market. 

Flame Retardant Polyester Staple Fiber Market: Segmentation

The global flame retardant polyester staple fiber market is segmented based on type, end-user, and region.

Based on type, the market is segmented into inherent FRP staple fiber and treated FRP staple fiber.

Based on end-use, the market is segmented into home textiles, public utility, clothing, and others. Home textiles accounted for the largest market share in the global flame retardant polyester staple fiber market in 2023.

Flame Retardant Polyester Staple Fiber Market: Report Scope

Flame Retardant Polyester Staple Fiber Market: Regional Analysis

Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific accounted for the largest market share in the global flame retardant polyester staple fiber market. Japan accounted for around 20% of global production in 2023. China is also witnessing tremendous growth followed by India. Moreover, China and India account for a major share of the global population and the high demand for polyester staple fiber is generated from the end-user industries in the region. Europe was the second largest manufacturer of flame retardant polyester staple fibers in 2023.

Flame Retardant Polyester Staple Fiber Market: Key Players Analysis

Some of the key players operating in the global flame retardant polyester staple fiber market include:

• Reliance
• Teijin
• Toray
• JR Corporation
• Yizheng Chemical Fiber
• Kairui Flame Retardant Technology
• Trevira
• Huvis
• Toyobo
• Unifi
• SSFC
• Hangzhou Hanbang Chemical Fiber

By Type

• Inherent Flame Retardant Polyester Staple Fiber
• Treated Flame Retardant Polyester Staple Fiber

By End-User

• Home Textiles
• Public Utility
• Clothing
• Others

By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa