Home / Knowledge / News / Textiles / Expanding polyester industry needs to tap Intl market
Expanding polyester industry needs to tap Intl market
28
Apr '08
Technological advances in the past 20 years have increased the market demand for various products and polyester is just one among the many industries in China receiving the benefits of these up-gradations.

The polyester industry of China has achieved very high development. So much so, that a blind expansion of its production capacity has brought unspeakable consequences and has led to serious imbalances in the demand and supply chain of the domestic market.

Observing the intense competition and growing risks in production operations, polyester enterprises need to seek development in international market to ease pressure of domestic market.

Gradually therefore, polyester products in China have become export oriented and this can be seen from the fact that the export volume of polyester filament has been on the rise since 2004, while its import volume has showed a declining trend.

In 2004, export of polyester filament reached 133,000 tons which increased to 400,800 tons in 2006. On the other hand import for the same dropped to 271,200 tons during the said period. Again, for Polyester Staple Fibre, the situation nearly reversed in 2007 creating a trade surplus of US $202 million and the trend is still going steady.


Entrepreneurs need to realize that along with the accelerating process of economic integration, international trade also requires to be given a due weightage.

There is fierce competition among countries to tap the limited global market and it is needless to say that development prospects of any nation or region would increasingly depend on international competitiveness of the products.


Must ReadView All

Courtesy: BekaertDeslee

Textiles | On 23rd Oct 2017

BekaertDeslee to expand North American facility

BekaertDeslee, one of the largest manufacturer of mattress textiles...

Courtesy: A&E

Textiles | On 23rd Oct 2017

A&E unveils Magic using Repreve sewing thread

American & Efird (A&E), a leading developer of industrial and...

Courtesy: Messe Frankfurt

Textiles | On 23rd Oct 2017

Over 4,000 exhibitors attend Intertextile Shanghai 2017

Another successful Intertextile Shanghai Apparel Fabrics has wrapped...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search