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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.
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.
The “Polyester Chain Report: 2009” published by www.YnFx.com 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. This issue for the first time covers information on Polyester – International trade.
You may view the detailed Table of Content of the report here: Report TOC
To get the complete analyzed report on the global Polyester Chain Industry 2008 published in the latest 2009 issue please contact us at sales@ynfx.com or call us at 91 22 66291122
