Industry sources expect that demands for polyester fiber will continue to grow at a rate of about 7.4% per year in the next 10 years. China produced 9.9 million tons of man-made fibers last year, which is expected to increase to 13.6 million tons in 2007. By fiber, polyester production will probably increase from 7.72 million tons to 11 million tons, and occupy the majority of MMF production. The breakdown of the 11 million tons is 6.9 million tons for filament and 4.1 million tons for staple.
At present, China imports special, types of polyester fiber which are not produced by local makers. The rate of consumption in apparel use is 52%, and the remainder is shared by bedding and interior goods. 21% is occupied by industrial applications. Sources says that the rate of consumption in 2010 will be 49% for apparel, 30% for home products and 21% for industrial use.
Polyester resin for use other than textile production is around 1 million tons, of which 600,000 tons are used for bottle-grade chips. Other than these fields, a large amount of polyester resin is used for package films and IC cards.
Per capita fiber consumption is 6.6 kg and lower than the world's average of 7.5 kg. However, consumption is expected to increase to 7-8 kg by 2005. Polyester fiber will fulfill a large part of increased demands in 2005.
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