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Polyester Production To Grow At 4% Rate In The Next 5 Yrs

"Polyester Chain Report 2006" The polyester industry expanded 9.5% in terms of value to US$33 billion and by 2% in terms of volume in 2005

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Mar 01, 2007 -
During the year, global production of polyester touched 25 million to tons. While staple fibre production grew 2.6%, filaments production increased 1.5%. Polyester accounts for over 75% of all man-made fibres produced in the world. During the last 5-year period ended 2005, polyester production has increased at a rate of 5% per annum. However, the next 4-5 years would see the growth slowing down to around 4% per annum as per the latest report distributed  by www.bharatbook.com : “Polyester Chain Report 2006”

Global polyester production capacity stands at 36 million tons, comprising 15 million tons of staple fibre and 21 million tons of filament yarns. Nearly 83 of staple fibre capacity and 89% of filament capacities are in Asia. China accounts for 53% of staple fibre and 57% of filament yarn global capacity. India, Indonesia, South Korea and Taiwan are the other major producers of polyester in the world. Outside Asia, USA and Turkey are the major producers.

In terms of trade, Asia is the net exporter of polyester in the world. In polyester staple fibre segment, South Korea and Taiwan are major exporters while China and USA are major importer. Similarly, in polyester filament market, China, Mexico and Brazil are major importers while South Korea, Taiwan, Mexico, Indonesia and Malaysia are major exporting countries. In 2005, polyester industry was heavily weighed by the rise in crude oil prices which had raised prices of PTA and MEG – the raw material for polyester production.

“Polyester Chain Report: 2006” is a report distributed annually by www.bharatbook.com packed with up-to-date statistics on the entire value chain beginning from propylene further to intermediate – Paraxylene to Polyester Fibre/Filament. The Report presents tabulation and graphical presentation of trends and status of demand and supply in polyester chain across countries. Objective description on the behaviour of individual segment of the value chain is also presented analytically. Major investments and capacity shut down are captured briefly. It covers times series on production, imports, exports and apparent consumption for the period 2000 to 2005. Processes description, end use and derivatives along with the latest producer-wise capacity are added feature of this report.

For more information on the Polyester Chain Report 2006 you may contact us at: +91 22 27578668 or reach us at info@bharatbook.com or visit us at http://www.bharatbook.com/bookdetail.asp?bookid=30030
About Bharat Book Bureau:

Bharat Book Bureau,  leading information aggregator based in India , facilitates and supports the business information needs by providing with the relevant information materials generated and published by global agencies on major industries like Banking and Finance, Insurance, Automotive, Energy, Shipping and Marine, Metals and Minerals, Oil and Gas, Textiles etc., including country info, technical and management subjects, both in print and electronic format. These include reports, newsletters, country and company profile and online databases.

Kindly visit our website http://www.bharatbook.com to know more about the publications we handle

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