Domestic technical textiles Industry Segment-wise consumption of ...

Value Chain of Virgin PSF
Petrochemical raw
materials
Market size of Fiberfil and future forecast
Fiberfil has low penetration in the Indian industry. The installed capacity of Polyester Staple Fiberfil
in India is 47400 MT (Source: Report on Performance of Chemical & Petrochemical Industry at a
Glance, Department of Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers,
Government of India). The production of virgin PSF in 2007-08 is estimated at 42400 MT.
As per industry sources the current installed capacity of Regenerated PSF in India is 500 MT/day.
Most of these players are operating at a capacity utilisation of 50 – 60% thus, the production of
regenerated PSF in 2007-08 is estimated at 78,000 MT. Considering the export and import data the
domestic consumption of Fiberfil in 2007-08 is estimated at 109,950 MT valued at Rs 660 crore. The
installed capacity and production of Fiberfil has remained fairly stable over the last two years.
However, with increasing awareness about the product benefits its penetration is expected to increase
in future. Thus, the domestic market size of Fiberfil is estimated to increase to 140,300 MT by 2012-
13 (growing at 5 – 6% year on year). The market potential in 2012-13 is estimated at Rs. 840 crore.
No change (upwards or downwards) in the price of Fiberfil has been assumed for deriving the
projected market size. The current and future forecast of Fiberfil consumption is given below:-
Key manufacturers
Virgin PSF
manufacturers
Domestic Market size for
Fiberfil
Dealers/Wholesalers Endusers
2007-08 2012-13
Quantity 109,950 MT 140,300 MT
Value Rs 660 crore Rs 840 crore
Source: Industry survey, IMaCS Analysis
Reliance Industries Limited is the largest manufacturer of Virgin PSF Fiberfil in India. The company
markets its product under the brand name Recron. Some other major manufacturers engaged in