Product Code: ETC238825 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Polyester Fiber Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 2.52% in 2025 and reaches 10.16% by 2029.
In the Asia region, the Polyester Fiber market in Thailand is projected to expand at a stable growth rate of 3.92% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Polyester fibers have a dominant presence in the Thailand textile market. They are valued for their affordability, versatility, and resistance to wrinkles and fading. The Thailand Polyester Fiber market caters to diverse industries, from apparel to home furnishings.
In the Thailand Polyester Fiber Market, the main driver has been the widespread adoption of polyester as a versatile and cost-effective alternative to natural fibers. Polyester fibers are in high demand across various industries, such as textiles, automotive, and construction, due to their durability, resistance to wrinkles, and easy maintenance. Moreover, the eco-friendly initiatives by manufacturers to produce recycled polyester fibers have contributed to market growth, as sustainability concerns gain prominence.
The Thailand Polyester Fiber Market contends with price volatility in the petrochemical sector, which directly impacts the cost of raw materials for polyester production. Market players must also address environmental concerns, as polyester is derived from fossil fuels. Sustainability initiatives and innovations in recycling are crucial to tackle these challenges.
The Thailand polyester fiber market experienced a dual impact during the pandemic. On one hand, the closure of automotive and construction sectors, major consumers of polyester fibers, resulted in reduced demand. On the other hand, the demand for polyester fibers used in medical gowns, masks, and personal protective equipment surged. Manufacturers adapted their production lines to cater to these changing needs. As the economy stabilized, the polyester fiber market gradually adjusted to the new demand landscape.
In the Thailand Polyester Fiber market, several prominent players have established their presence. Companies like Indorama Ventures Public Company Limited, Thai Polyester Co., Ltd., and Reliance Industries Limited are among the leading players. These companies have made significant investments in the production of polyester fibers and have developed a strong market foothold through their extensive distribution networks and product innovation. Their commitment to quality and sustainability has further strengthened their positions in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Polyester Fiber Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Polyester Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Polyester Fiber Market - Industry Life Cycle |
3.4 Thailand Polyester Fiber Market - Porter's Five Forces |
3.5 Thailand Polyester Fiber Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Thailand Polyester Fiber Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Thailand Polyester Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Polyester Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for textiles and apparels in Thailand and globally |
4.2.2 Increasing adoption of polyester fiber due to its cost-effectiveness and versatility |
4.2.3 Technological advancements leading to improved quality and performance of polyester fibers |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from other synthetic and natural fibers in the market |
4.3.3 Environmental concerns regarding the sustainability and recyclability of polyester fibers |
5 Thailand Polyester Fiber Market Trends |
6 Thailand Polyester Fiber Market, By Types |
6.1 Thailand Polyester Fiber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Thailand Polyester Fiber Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Thailand Polyester Fiber Market Revenues & Volume, By PET, 2021-2031F |
6.1.4 Thailand Polyester Fiber Market Revenues & Volume, By PCDT, 2021-2031F |
6.2 Thailand Polyester Fiber Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Thailand Polyester Fiber Market Revenues & Volume, By Solid, 2021-2031F |
6.2.3 Thailand Polyester Fiber Market Revenues & Volume, By Hollow, 2021-2031F |
6.3 Thailand Polyester Fiber Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Polyester Fiber Market Revenues & Volume, By Carpets & rugs, 2021-2031F |
6.3.3 Thailand Polyester Fiber Market Revenues & Volume, By Non-woven fiber, 2021-2031F |
6.3.4 Thailand Polyester Fiber Market Revenues & Volume, By Fiberfill, 2021-2031F |
6.3.5 Thailand Polyester Fiber Market Revenues & Volume, By Apparel, 2021-2031F |
6.3.6 Thailand Polyester Fiber Market Revenues & Volume, By Home textile, 2021-2031F |
6.3.7 Thailand Polyester Fiber Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Polyester Fiber Market Import-Export Trade Statistics |
7.1 Thailand Polyester Fiber Market Export to Major Countries |
7.2 Thailand Polyester Fiber Market Imports from Major Countries |
8 Thailand Polyester Fiber Market Key Performance Indicators |
8.1 Percentage of recycled polyester fiber used in production |
8.2 Adoption rate of sustainable practices in polyester fiber manufacturing |
8.3 Research and development investment in enhancing polyester fiber properties |
9 Thailand Polyester Fiber Market - Opportunity Assessment |
9.1 Thailand Polyester Fiber Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Thailand Polyester Fiber Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Thailand Polyester Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Polyester Fiber Market - Competitive Landscape |
10.1 Thailand Polyester Fiber Market Revenue Share, By Companies, 2024 |
10.2 Thailand Polyester Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |