Global Market for Polyester Fiber to Reach USD 115.0 Billion by 2020, Growing at CAGR of 5% by 2020

Deerfield Beach, FL -- (SBWIRE) -- 04/29/2016 -- Zion Research has published a new report titled "Polyester Fiber Market (Solid and Hollow) for Carpet & Rugs, Nonwoven Fabrics, Fiberfill and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020." According to the report, global demand for polyester fibers was valued at USD 73.5 billion in 2014 and is expected to cross USD 115.0 billion in 2020, growing at a CAGR of slightly over 5% between 2015 and 2020. In terms of volume, the global polyester fiber market stood at 42 million tons in 2014.