Global Polyester Fiber Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

PFY and PSF.

By Form;

Solid, and Hollow.

By Application;

Carpets & Rugs, Nonwoven Fabrics, Fiberfill, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn863926193 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Polyester Fiber Market (USD Million), 2021 - 2031

In the year 2024, the Global Polyester Fiber Market was valued at USD 118,714.43 million. The size of this market is expected to increase to USD 190,629.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.

The global polyester fiber market is a major segment of the textile and apparel industry, driven by the widespread use of polyester fibers in clothing, home textiles, and industrial applications. Polyester fibers are valued for their durability, versatility, and cost-effectiveness. These fibers are used extensively in the production of woven fabrics, nonwoven fabrics, and yarns, making them popular in the manufacturing of garments, upholstery, carpets, and industrial textiles. The demand for polyester fiber in the apparel industry continues to rise due to its resistance to shrinking, stretching, and wrinkles, as well as its ability to retain color and shape after multiple washes. The home textiles segment also significantly contributes to the market, with polyester fibers being used in products like curtains, bed linens, and carpets.

The industrial application of polyester fibers is growing, especially in the automotive and filtration sectors. In the automotive industry, polyester fibers are used in manufacturing components such as seat covers, airbag fabrics, and insulation materials due to their light weight and strength. In filtration applications, polyester fibers are used in making filters for air, water, and industrial processes because of their high resistance to chemicals and moisture. As industries continue to focus on creating durable and sustainable materials, the demand for polyester fibers in technical textiles and advanced applications is expected to rise significantly.

Geographically, the Asia-Pacific region is the largest market for polyester fibers, driven by the strong textile manufacturing industries in countries like China, India, and Bangladesh. These countries are major producers and consumers of polyester fiber, with a robust supply chain that supports the textile sector's growth. North America and Europe also contribute to the global polyester fiber market, with demand driven by the apparel, automotive, and home textiles sectors. The growth in the sustainability movement, along with the increasing use of recycled polyester fibers, is also shaping market trends, as both consumers and manufacturers seek eco-friendly alternatives to virgin polyester.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Polyester Fiber Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Sustainability initiatives
        2. Versatile applications
        3. Cost-effectiveness
        4. Growing demand
        5. Technological advancements
      2. Restraints
        1. Environmental concerns
        2. Competition from alternatives
        3. Raw material prices
        4. Supply chain disruptions
        5. Regulations and standards
      3. Opportunities
        1. Emerging markets growth
        2. Eco-friendly innovations
        3. Diversification of products
        4. Textile recycling initiatives
        5. Technological advancements
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Baraining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Polyester Fiber Market, By Product Type, 2021 - 2031 (USD Million)
      1. PFY
      2. PSF
    2. Global Polyester Fiber Market, By Form, 2021 - 2031 (USD Million)
      1. Solid
      2. Hollow
    3. Global Polyester Fiber Market, By Application, 2021 - 2031 (USD Million)
      1. Carpets & Rugs
      2. Nonwoven Fabrics
      3. Fiberfill
      4. Others
    4. Global Polyester Fiber Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Indorama Ventures Public Company Limited
      2. Reliance Industries Limited
      3. Toray Industries Inc
      4. China Petroleum & Chemical Corporation (Sinopec)
      5. Nan Ya Plastics Corporation
      6. Alpek S.A.B. de C.V
      7. Zhejiang Hengyi Group Co Ltd
      8. Far Eastern New Century Corporation
      9. Tongkun Group Co Ltd
      10. Jiangsu Sanfangxiang Group Co Ltd
  7. Analyst Views
  8. Future Outlook of the Market