Polyester Fiber Research:CAGR of 2.8% during the forecast period
QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Polyester Fiber- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.
The global market for Polyester Fiber was estimated to be worth US$ 60320 million in 2024 and is forecast to a readjusted size of US$ 59080 million by 2031 with a CAGR of -0.3% during the forecast period 2025-2031.
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Polyester Fiber Market Summary
Polyester fiber is a synthetic fiber made from petroleum-based polymers, primarily polyethylene terephthalate (PET). It is widely used in textiles, industrial applications, and nonwoven fabrics due to its strength, durability, and resistance to moisture, chemicals, and wrinkles.
According to the new market research report “Global Polyester Fiber Market Report 2025-2031”, published by QYResearch, the global Polyester Fiber market size is projected to reach USD 92.95 billion by 2031, at a CAGR of 2.8% during the forecast period.
- Global Polyester Fiber MarketSize(US$ Million), 2020-2031
Above data is based on report from QYResearch: Global Polyester Fiber Market Report 2024-2030 (published in 2025). If you need the latest data, plaese contact QYResearch.
- Global Polyester Fiber Top17Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
Above data is based on report from QYResearch: Global Polyester Fiber Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Polyester Fiber include Tongkun Group, Xin Feng Ming Group, Zhejiang Hengyi, Hengli Group, Sheng Hong Group, Reliance Industries, Billion Industrial, Indorama Ventures, Rongsheng Petrochemical, Sinopec Yizheng, etc. In 2024, the global top 10 players had a share approximately 25.0% in terms of revenue. The improvement of production process and the application of new technologies have improved the performance and production efficiency of polyester fibers, reduced production costs and enhanced market competitiveness.
- Polyester Fiber,Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Polyester Fiber Market Report 2025-2031.
In terms of product type, currently Filament Yarn is the largest segment, hold a share of 78.0%.
Polyester Filament Yarn (PFY) usually refers to continuous fibers with a long length, which are usually woven into fabrics or non-woven fabrics, with high strength and good durability.
Polyester Filament Yarn (PFY) is mainly used in high-end clothing, home textiles, industrial fabrics, and medical textiles. Due to its durability and high strength, it has a place in functional textiles.
Polyester Staple Fiber (PSF) refers to fibers with a short length, which are usually further processed into raw materials for textiles after spinning, and are commonly used in yarns, filling materials, non-woven fabrics, etc.
Polyester Staple Fiber (PSF) is widely used in non-woven fabrics, filling materials, non-woven fabrics, and sanitary products. It has a large market demand, especially in low-cost application areas.
In terms of product application, currently Apparel is the largest segment, hold a share of 57.2%.
Polyester fiber is widely used in clothing and home textiles due to its durability, wrinkle resistance and easy care. Global population growth and improved living standards have driven the demand for textiles, thereby promoting the development of the polyester fiber market.
Among industrial textiles, polyester fiber is increasingly used in industrial fields such as automobiles, construction and packaging, because of its high strength and good durability, which meets the material performance requirements of these industries.
Asia is the main region for global polyester fiber consumption, especially China, whose polyester fiber production capacity accounts for more than 50% of the world. China's polyester fiber producers are mainly concentrated in provinces such as Zhejiang, Jiangsu and Fujian, forming a clear industrial cluster. In addition, countries such as India, Japan and South Korea are also important consumer markets for polyester fiber.
The demand for polyester fiber in North America and Europe mainly comes from clothing, home textiles and industrial applications. The demand for high-quality and functional fibers has driven the development of the market. The demand for polyester fiber in emerging markets such as the Middle East, Africa and South America is also growing, mainly for clothing and infrastructure construction.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Polyester Fiber market is segmented as below:
By Company
Tongkun Group
Reliance
Zhejiang Hengyi Group
Shenghong
Xin Feng Ming Group
Hengli Group
Billion Industrial
Jiangsu Sanfangxiang Group
Nanya
Rongsheng PetroChemical
Sinopec Yizheng Chemical Fibre
Zhejiang GuXianDao Industrial Fiber
Far Eastern New Century
DAK Americas
Advansa
Lealea Group
Petrovietnam Petrochemical and Textile Fiber Joint Stock Company
Wellman
Segment by Type
Polyester Staple Fiber (PSF)
Polyester Filament Yarn (PFY)
Segment by Application
Apparel
Industrial and Consumer Textiles
Household and Institutional Textiles
Carpets and Rugs
Each chapter of the report provides detailed information for readers to further understand the Polyester Fiber market:
Chapter 1: Introduces the report scope of the Polyester Fiber report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Polyester Fiber manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Polyester Fiber market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Polyester Fiber in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Polyester Fiber in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Polyester Fiber competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Polyester Fiber comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Polyester Fiber market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
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