Polyester Fibers Market

By Product Type;

PFY and PSF

By Form;

Solid, and Hollow

By Application;

Carpets & Rugs, Nonwoven Fabrics, Fiberfill, and Others

By End-User;

Industrial Users and Household Consumers

By Geography;

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

Polyester Fibers Market Overview

Polyester Fiber Market (USD Million)

Polyester Fiber Market was valued at USD 118,714.43 million in the year 2024. 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%.


Polyester Fibers Market

*Market size in USD million

CAGR 7.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.0 %
Market Size (2024)USD 118,714.43 Million
Market Size (2031)USD 190,629.43 Million
Market ConcentrationMedium
Report Pages333
118,714.43
2024
190,629.43
2031

Major Players

  • Indorama Ventures Public Company Limited
  • Reliance Industries Limited
  • Toray Industries Inc
  • China Petroleum & Chemical Corporation (Sinopec)
  • Nan Ya Plastics Corporation
  • Alpek S.A.B. de C.V
  • Zhejiang Hengyi Group Co Ltd
  • Far Eastern New Century Corporation
  • Tongkun Group Co Ltd
  • Jiangsu Sanfangxiang Group Co Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polyester Fibers Market

Fragmented - Highly competitive market without dominant players


The Polyester Fibers Market continues to expand as the need for affordable, versatile, and durable fabrics grows across industries. Nearly 55% of textile demand is fulfilled by polyester, highlighting its dominance as the world’s leading synthetic fiber.

Apparel and Furnishing Applications
Over 60% of polyester fibers are consumed in clothing and home décor, supported by their strength, wrinkle resistance, and moisture-wicking properties. Their widespread use reflects consumer preference for quality textiles at lower costs.

Industrial and Technical Uses
Roughly 25% of demand arises from industrial applications such as conveyor belts, ropes, and tire reinforcement. The material’s high strength and stability make it a preferred choice in performance-driven technical textiles.

Shift Towards Sustainable Fibers
Approximately 18% of production now focuses on recycled polyester fibers, addressing sustainability concerns. This trend reduces dependence on virgin plastics and aligns with environmentally responsible practices in the textile supply chain.

Growth Opportunities Ahead
The Polyester Fibers Market is expected to grow by over 40%, supported by expansion in fashion, home furnishing, automotive, and industrial applications. Its flexibility and eco-friendly advancements ensure its continued dominance in global textile manufacturing.

  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 End-User
    5. Market Snapshot, By Region
  4. 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. Polyester Fiber Market, By Product Type, 2021 - 2031 (USD Million)
      1. PFY
      2. PSF
    2. Polyester Fiber Market, By Form, 2021 - 2031 (USD Million)
      1. Solid
      2. Hollow
    3. Polyester Fiber Market, By Application, 2021 - 2031 (USD Million)
      1. Carpets & Rugs
      2. Nonwoven Fabrics
      3. Fiberfill
      4. Others
    4. Polyester Fiber Market, By End-User, 2021 - 2031 (USD Million)

      1. Industrial Users

      2. Household Consumers

    5. 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