STAPLE FIBERS MARKET ANALYSIS
Product plant expansion and development of innovative portfolio are some of the key strategies adopted by the top players in the global staple fibers market. In September 2016 W. Barnet GmbH & Co. KG and Albis Plastics launched a joint venture in USA. With this acquisition, the global production capacity of ALBIS was increased by 45,000 tons per year. It also offers other advantages such as direct market access point for post-industrial raw material qualities, repelletizing expertise, and compounding and product development. Some of the major companies operating in the global staple fibers market include W. Barnet GmbH & Co. KG, TEIJIN FRONTEIR Co. Ltd., Sateri International Co. Ltd., Hubei Botao Synthetic Fiber Co., ltd., ADVANSA, and Kayavlon Impex Pvt. Ltd.
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