What is the size of Polyester Market?
According to 6Wresearch internal database and industry insights, the
Global Polyester Market was valued at USD 60 Billion in 2024 and is expected to reach USD 87.06 billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The main drivers of this growth are the increasing use of polyester in technical and industrial textiles, rising demand for durable and cost-effective engineered fabrics, and growing uptake of recycled and bio-based polyester variants in fabric and packaging applications.
Growth Factors for Polyester Industry
- Growing adoption of polyester fibres in apparel and home textile markets due to durability and affordability.
- Rising demand for polyester in industrial and automotive applications for lightweight and high-performance materials.
- Expanding use of recycled polyester and sustainability-oriented feedstocks in manufacturing.
- The growing integration of polyester in packaging and film applications is driven by barrier and clarity properties.
- Advancement in high-tenacity and speciality polyester yarns enabling new technical textile applications.
Polyester Market Trends
The Polyester market trends include increasing incorporation of recycled and bio-based polyester resins in textiles and packaging to meet sustainability mandates. Demand for high-performance polyester yarns in automotive, outdoor gear and technical fabrics is rising while manufacturers are launching advanced filament and staple fibres with enhanced moisture-management and durability. Digital textile printing and smart fabrics are creating new growth avenues for polyester fabrics in fast-fashion and athleisure segments.
Emerging Developments in the Polyester Market
The Polyester market developments show collaborations between textile fibre producers and brand owners to scale recycled polyester (rPET) and closed-loop manufacturing systems. Launch of speciality polyester grades with flame-retardant and high-temperature resistance for automotive and industrial uses is underway. Manufacturers are also expanding capacity in less-mature regions to meet rising apparel and technical textile demand and exploring packaging films from mono-PET polyester for improved recyclability.
List of Leading Companies in the Polyester Market
Some of the leading companies include:
- Indorama Ventures Public Company Limited
- Reliance Industries Limited
- Toray Industries, Inc.
- Far Eastern New Century Corporation
- Zhejiang Hengyi Group Co., Ltd.
- Sinopec Shanghai Petrochemical Company Limited
- DuPont de Nemours, Inc.
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