Global Polyester Fiber
Market Report
2025
The Global Polyester Fiber market size is USD 100.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 8.80% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Polyester Fiber market size is USD 100.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 8.80% from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Polyester Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 8.8% |
North America Polyester Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 7.6% |
Europe Polyester Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 7.8% |
Asia Pacific Polyester Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 10.6% |
South America Polyester Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 8.6% |
Middle East Polyester Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 8.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Product Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Polyester Fiber industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Polyester Fiber Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Polyester fibre refers to a synthetic fibre made from polymerized polymers derived from petrochemical sources, primarily polyethene terephthalate (PET). It is a versatile and widely used textile material known for its durability, wrinkle resistance, and resistance to mildew and abrasion—growth fueled by Cost-Effectiveness and Sustainability, Versatility and a Wide Range of Applications and technological advancements.
For instance, in October 2022, the Competition Commission of India (CCI) approved the acquisition of Shubhalakshmi Polyesters Limited and Shubhlaxmi Polytex Limited by Reliance Polyester Limited. This acquisition will primarily supply and produce certain petrochemical products such as polyester staple fibre (PSF), polyethene terephthalate chips, and different polyester yarns.
(Source: pib.gov.in/PressReleaseIframePage.aspx?PRID=1869749)
One of the key drivers propelling the Polyester Fiber market is the continually growing demand within the textile industry. Polyester fibers, known for their versatility, durability, and cost-effectiveness, are extensively used in the production of textiles, including apparel, home furnishings, and industrial fabrics. The textile sector's increasing reliance on polyester stems from its ability to mimic the characteristics of natural fibers while offering enhanced performance and affordability. The demand for polyester fibres is particularly notable in the fashion and sportswear segments, where the fibres' resistance to wrinkles and moisture, along with their ease of maintenance, make them a preferred choice.
August 2021, Reliance Industries Limited (RIL) will open a new recycled polyester staple fiber (PSF) manufacturing facility in Andhra Pradesh, India, that will double its capacity for recycled PET. This manufacturing facility will increase the company's capacity for post-consumer PET bottles by up to 5 billion.
Another significant driver in the Polyester Fiber market is the industry's response to the growing global emphasis on sustainability. Polyester fibers, primarily derived from petrochemical sources, are undergoing transformations to align with eco-friendly practices. The development of recycled polyester (rPET) fibers, made from post-consumer plastic bottles, and the implementation of more sustainable production processes contribute to the market's evolution. As environmental concerns become integral to consumer choices, industries are increasingly adopting sustainable fibers. The recyclability of polyester fibers addresses concerns related to plastic waste and supports circular economy initiatives.
In March 2023, Reliance Industries has completed the acquisition of Sintex Industries. The development occurred a year after banks approved the acquisition and a month after the National Company Law Tribunal (NCLT) approved the transaction.
One key restraint impacting the Polyester Fiber market is the vulnerability and volatility within the supply chain, exacerbated by fluctuations in raw material prices. The production of polyester fibres is heavily reliant on petrochemical-based raw materials, especially polyethene terephthalate (PET). The petrochemical industry is susceptible to various external factors, including geopolitical tensions, natural disasters, and global economic uncertainties, leading to disruptions in the supply chain. These disruptions can result in shortages of key raw materials, affecting the overall production capacity of polyester fibres. Additionally, fluctuations in crude oil prices directly impact the cost of raw materials, influencing the operational costs for manufacturers.
The COVID-19 pandemic significantly impacted the Polyester Fiber market, causing disruptions across the global supply chain and demand dynamics. The widespread lockdowns and restrictions imposed to curb the virus's spread led to a substantial decline in consumer spending, particularly in the fashion and apparel sectors, major consumers of polyester fibers. The shutdown of manufacturing facilities, restrictions on international trade, and a decrease in consumer confidence resulted in reduced production and disrupted supply chains, leading to a temporary oversupply of polyester fibers. Additionally, the pandemic-induced economic uncertainties prompted a shift in consumer preferences towards more comfortable and casual clothing, impacting the demand for certain polyester products.
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The Polyester Fiber market is characterized by an intense and competitive landscape, driven by a global network of manufacturers striving for market dominance. Key players in the industry engage in continuous technological innovations and strategic initiatives to maintain and enhance their positions.
(Source: www.textiletechnology.net/fibers/news/fibertex-corp.-acquisition-by-stein-fibers-33362)
Top Companies Market Share in Polyester Fiber Industry: (In no particular order of Rank)
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According to Cognitive Market Research, the global Polyester Fiber market size was estimated at USD 100.8 Billion out of which North America held the major market of more than 40% of the global revenue with a market size of USD 40.32 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2023 to 2030. North America stands as the dominant region in the Polyester Fiber market, showcasing its prowess as an innovation hub and the strength of its textile industry. In the regional analysis, North America demonstrates a robust demand for polyester fibers, particularly in the Apparel segment, driven by consumer preferences and the textile industry's need for versatile materials. Segmentation analysis reveals diverse applications, including household textiles and industrial uses, reflecting the adaptability of polyester fibers to various sectors. In conclusion, North America's dominance in the Polyester Fiber market is a testament to its technological innovation, vibrant textile industry, and the continuous evolution of consumer demands, positioning the region as a key driver in the global market.
According to Cognitive Market Research, the global Polyester Fiber market size was estimated at USD 100.8 Billion out of which Asia Pacific held the fastest growing market of more than 22% of the global revenue with a market size of USD 22.18 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 10.6% from 2023 to 2030. Asia Pacific emerges as the fastest-growing region in the Polyester Fiber market, driven by rapid industrialization, economic growth, and the expansion of the textile industry. In the regional analysis, Asia Pacific showcases a robust textile manufacturing sector, responding dynamically to global fashion trends and local consumer preferences. Segmentation analysis reveals a multifaceted application of polyester fibers, from apparel and household textiles to industrial uses, aligning with the diverse needs of the region's expanding industrial landscape. In conclusion, Asia Pacific's strategic combination of industrial development and evolving consumer demands positions it as a key driver in the global Polyester Fiber market.
The current report Scope analyzes Polyester Fiber Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Polyester Fiber market size was estimated at USD 100.8 Billion out of which North America held the major market of more than 40% of the global revenue with a market size of USD 40.32 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2023 to 2030. North America stands as the dominant region in the Polyester Fiber market, showcasing its prowess as an innovation hub and the strength of its textile industry. In the regional analysis, North America demonstrates a robust demand for polyester fibers, particularly in the Apparel segment, driven by consumer preferences and the textile industry's need for versatile materials. Segmentation analysis reveals diverse applications, including household textiles and industrial uses, reflecting the adaptability of polyester fibers to various sectors. In conclusion, North America's dominance in the Polyester Fiber market is a testament to its technological innovation, vibrant textile industry, and the continuous evolution of consumer demands, positioning the region as a key driver in the global market.
According to Cognitive Market Research, the global Polyester Fiber market size was estimated at USD 100.8 Billion out of which Europe market held of more than 30% of the global revenue with a market size of USD 30.24 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. Europe plays a significant role in the Polyester Fiber market, showcasing a blend of textile heritage and a commitment to sustainable innovations. In the regional analysis, Europe stands as a mature market with a well-established textile industry that leverages polyester fibers for their versatility and durability. The dominant application in the Apparel segment reflects consumer preferences for fashion-forward textiles. Furthermore, the Household segment sees substantial usage of polyester fibers in textiles like upholstery and bedding. Europe's emphasis on sustainability is evident in the growing demand for recycled polyester fibres, aligning with eco-conscious consumer trends. In conclusion, Europe's multifaceted application of polyester fibers, coupled with its historical textile expertise and dedication to sustainability, solidifies the region's integral role in driving the Polyester Fiber market forward amidst changing market dynamics.
According to Cognitive Market Research, the global Polyester Fiber market size was estimated at USD 100.8 Billion out of which Asia Pacific held the fastest growing market of more than 22% of the global revenue with a market size of USD 22.18 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 10.6% from 2023 to 2030. Asia Pacific emerges as the fastest-growing region in the Polyester Fiber market, driven by rapid industrialization, economic growth, and the expansion of the textile industry. In the regional analysis, Asia Pacific showcases a robust textile manufacturing sector, responding dynamically to global fashion trends and local consumer preferences. Segmentation analysis reveals a multifaceted application of polyester fibers, from apparel and household textiles to industrial uses, aligning with the diverse needs of the region's expanding industrial landscape. In conclusion, Asia Pacific's strategic combination of industrial development and evolving consumer demands positions it as a key driver in the global Polyester Fiber market.
According to Cognitive Market Research, the global Polyester Fiber market size was estimated at USD 100.8 Billion, out of which the Latin America market held more than 5% of the global revenue with a market size of USD 5.04 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030. Latin America emerges as a dynamic player in the Polyester Fiber market, showcasing substantial growth and an expanding textile industry. In the regional analysis, Latin America demonstrates a growing demand for polyester fibers driven by increasing industrialization and economic development. The Apparel segment remains a dominant application, responding to evolving fashion trends and a rising population. Additionally, the Household segment reflects the utilization of polyester fibers in textiles for homes and interiors. The region's textile industry, characterized by innovation and adaptability, contributes significantly to the demand for polyester fibres. As Latin America invests in infrastructure development and technological advancements, the Polyester Fiber market is poised for further expansion. In conclusion, Latin America's strategic position as an emerging market with a thriving textile industry positions it as a key contributor to the global Polyester Fiber market's growth and evolution.
According to Cognitive Market Research, the global Polyester Fiber market size was estimated at USD 100.8 Billion out of which Middle East and Africa market held of more than 3.00% of the global revenue with a market size of USD 3.02 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030. The Middle East and Africa present a promising frontier in the Polyester Fiber market, marked by industrial advancements and significant infrastructural growth. In the regional analysis, the Middle East and Africa demonstrate a growing demand for polyester fibres, driven by expanding industrial sectors and infrastructural developments. The Industrial segment gains prominence as polyester fibers find applications in technical textiles and industrial fabrics, contributing to the region's economic progress. As the Middle East and Africa invest in diverse industrial projects and modernization initiatives, the Polyester Fiber market is expected to witness substantial growth. In conclusion, the region's strategic focus on industrialization and infrastructure positions it as a key contributor to the evolving landscape of the global Polyester Fiber market.
Global Polyester Fiber Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Polyester Fiber Industry growth. Polyester Fiber market has been segmented with the help of its Product Type, Application , and others. Polyester Fiber market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, polyester staple fiber emerges as the dominant category in the Polyester Fiber market, owing to its versatility and wide range of applications. Polyester Staple Fiber, characterized by its short length, finds extensive use in the textile industry for the production of apparel, home furnishings, and non-woven fabrics. Its ability to blend seamlessly with other fibres, including natural fibres like cotton, enhances the fabric's durability and performance. The textile industry's significant reliance on staple fibers for spinning and weaving processes solidifies the dominance of Polyester Staple Fiber.
Polyester filament emerges as the fastest-growing category in the Polyester Fiber market, driven by its high strength and diverse industrial applications. Polyester Filament, characterized by its long, continuous strands, is widely utilized in industrial applications such as automotive textiles, industrial fabrics, and packaging materials. The filament's exceptional tensile strength and resistance to stretching make it an ideal choice for applications where durability is paramount. The increasing demand for durable and high-performance materials in industrial sectors fuels the rapid growth of Polyester Filament. Its ability to cater to specialized industrial needs positions it as the fastest-growing category within the Polyester Fiber market, aligning with the evolving requirements of various industrial applications.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Polyester Fiber Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the dominant category in the Polyester Fiber market is the Apparel segment, propelled by dynamic consumer fashion trends and sustained demand from the textile industry. Polyester fibers, valued for their versatility, durability, and cost-effectiveness, are extensively used in the production of various apparel items such as shirts, dresses, sportswear, and outerwear. The textile industry's consistent reliance on polyester fibres, especially in blends with natural fibres, positions the Apparel segment as dominant. The fibers' ability to mimic the characteristics of natural fabrics while offering enhanced performance and affordability aligns with evolving fashion preferences and the textile industry's need for versatile materials.
The fastest-growing category in the Polyester Fiber market is the Industrial segment, fueled by high-performance requirements and technological advancements in industrial applications. Polyester fibers, known for their strength, durability, and resistance to various environmental factors, are increasingly utilized in industrial contexts. The industrial segment experiences rapid growth due to the applications of fibers in manufacturing industrial fabrics, automotive textiles, and technical textiles for specialized purposes. Polyester fibers, particularly in filament form, cater to the demand for high-strength materials in industrial settings, making the Industrial segment the fastest-growing category.
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Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Polyester Fiber Market is witnessing significant growth in the near future.
In 2023, the Polyester Staple Fiber segment accounted for noticeable share of global Polyester Fiber Market and is projected to experience significant growth in the near future.
The Apparel segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Far Eastern New Century , Indorama Ventures and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product Type | Polyester Staple Fiber, Polyester Filament |
Application | Apparel, Household, Industrial |
List of Competitors | Far Eastern New Century, Sinopec Yizheng Chemical Fibre, Indorama Ventures, Reliance, Zhejiang Southeast Space Frame, Xinfengming Group, Rongsheng Petrochemical, Toray, Nan Ya Plastics, TongKun Group, Alpek |
This chapter will help you gain GLOBAL Market Analysis of Polyester Fiber. Further deep in this chapter, you will be able to review Global Polyester Fiber Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Polyester Fiber. Further deep in this chapter, you will be able to review North America Polyester Fiber Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Polyester Fiber. Further deep in this chapter, you will be able to review Europe Polyester Fiber Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Polyester Fiber. Further deep in this chapter, you will be able to review Asia Pacific Polyester Fiber Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Polyester Fiber. Further deep in this chapter, you will be able to review South America Polyester Fiber Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Polyester Fiber. Further deep in this chapter, you will be able to review Middle East Polyester Fiber Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Polyester Fiber. Further deep in this chapter, you will be able to review Middle East Polyester Fiber Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Polyester Fiber. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Polyester Fiber market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Polyester Staple Fiber have a significant impact on Polyester Fiber market? |
What are the key factors affecting the Polyester Staple Fiber and Polyester Filament of Polyester Fiber Market? |
What is the CAGR/Growth Rate of Apparel during the forecast period? |
By type, which segment accounted for largest share of the global Polyester Fiber Market? |
Which region is expected to dominate the global Polyester Fiber Market within the forecast period? |
Segmentation Level Customization |
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Company Level |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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