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Polyester Fiber Market, By Type (Polyester Staple Fiber and Polyester Filament Yarn ), By Source, By Grade (Polyethylene Terephthalate Polyester and PCDT Polyester), By Application, By Geography
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- Sarla Performance Fibers Limited
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The polyester fiber market is estimated to be valued at USD 103.33 Bn in 2024 and is expected to reach USD 174.32 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.8% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
103.33 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
7.80% |
2031 Value Projection: |
174.32 Bn |
Figure. Polyester Fiber Market Share (%), By Region, 2024

Polyester fiber is primarily made from recycled plastic bottles and provides various advantages over natural fibers. It is durable, wrinkle and shrink resistant, and retains its shape after several washing. These favorable properties have increased its application in the apparel, home furnishings, and industrial sectors. Moreover, factors such as rising disposable incomes, rapid urbanization, and changing lifestyles have boosted the sales of polyester textiles globally. However, concerns regarding non-biodegradability of polyester may hamper the market growth. Overall, the ease of manufacturing, low costs, and high utility of polyester fibers is expected to drive their demand in the coming years.
Market Dynamics
The key drivers propelling the polyester fiber market include rapid growth of the textile industry, favorable properties of polyester over natural fibers, and rising environmental consciousness. The textile sector has emerged as one of the largest industrial consumers of polyester globally due to high demands from apparel and home furnishings segments. Additionally, polyester fibers provide advantages such as low moisture absorption, wrinkle resistance, and high durability. This has increased its preference over cotton and other natural fabrics. Furthermore, polyester can be recycled unlike other materials, making it an eco-friendly option. However, issues pertaining to non-biodegradability of polyester pose a challenge. But ongoing research on developing biodegradable polyester may create new opportunities in the market.
Key Features of the Study
This report provides in-depth analysis of the global polyester fiber market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global polyester fiber market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Reliance Industries Limited, Sarla Performance Fibers Limited, Markische Faser GmbH, Poly Fiber Industries, Toray Industries Inc., Nirmal Fibers (P) Ltd, Indorama Ventures Public Company Limited, Stein Fibers LTD., Green Group S.A., Kayavlon, Diyou Fiber (M) Sdn Bhd, and Swicofil AG
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global polyester fiber market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polyester fiber market
Market Segmentation
- Type Insights (Revenue, USD Bn, 2019 - 2031)
- Polyester Staple Fiber (PSF)
- Polyester Filament Yarn (PFY)
- Source Insights (Revenue, USD Bn, 2019 - 2031)
- Virgin
- Recycled And Blended
- Others
- Grade Insights (Revenue, USD Bn, 2019 - 2031)
- Polyethylene Terephthalate (PET) Polyester
- PCDT Polyester
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Apparel
- Home textiles
- Carpets And Rugs
- Non-woven Fabrics
- Others
- Regional Insights (Revenue, USD, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Reliance Industries Limited
- Sarla Performance Fibers Limited
- Markische Faser GmbH
- Poly Fiber Industries
- Toray Industries Inc.
- Nirmal Fibers (P) Ltd
- Indorama Ventures Public Company Limited
- Stein Fibers LTD.
- Green Group S.A.
- Kayavlon
- Diyou Fiber (M) Sdn Bhd
- Swicofil AG
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Source
- Market Snippet, By Grade
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Polyester Fiber Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Polyester Fiber Market - COVID-19
- Impact Analysis
5. Global Polyester Fiber Market, By Type, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Polyester Staple Fiber (PSF)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Polyester Filament Yarn (PFY)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
6. Global Polyester Fiber Market, By Source, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Virgin
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Recycled And Blended
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
7. Global Polyester Fiber Market, By Grade, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Polyethylene Terephthalate (PET) Polyester
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- PCDT Polyester
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
8. Global Polyester Fiber Market, By Application, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Apparel
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Home textiles
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Carpets And Rugs
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Non-woven Fabrics
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
9. Global Polyester Fiber Market, By Region, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Source, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Grade, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Source, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Grade, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Source, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Grade, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Source, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Grade, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Source, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Grade, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Source, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Grade, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country/Region, 2019- 2031, (USD Bn)
- South Africa
- North Africa
- Central Africa
10. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Reliance Industries Limited
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Sarla Performance Fibers Limited
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Markische Faser GmbH
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Poly Fiber Industries
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Toray Industries Inc.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Nirmal Fibers (P) Ltd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Indorama Ventures Public Company Limited
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Stein Fibers LTD.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Green Group S.A.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Kayavlon
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Diyou Fiber (M) Sdn Bhd
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Swicofil AG
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
11. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
12. Section
- References
- Research Methodology
- About Us and Sales Contact
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