100+ datasets found
  1. Price of polyester filament yarn in China 2019-2023

    • statista.com
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    Statista, Price of polyester filament yarn in China 2019-2023 [Dataset]. https://www.statista.com/statistics/1493688/china-price-of-polyester-filament-yarn/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    China
    Description

    In 2024, recycled polyester filament yarn (Re-PFY) and polyester filament yarn (PFY) prices experienced significant fluctuations. After steady increases early in the year, both yarn types saw sharp price drops in March and April. Re-PFY fell from ******** yuan per metric ton in late February to ******** yuan per metric ton by late March, while PFY declined from ***** yuan per metric ton to ******* yuan per metric ton during the same period. Although prices peaked in early July, with Re-PFY at ******** yuan per metric ton and PFY at ***** yuan per metric ton, they had declined again by mid-August, with Re-PFY at ******** yuan per metric ton and PFY at ******** yuan per metric ton. Despite the weakening raw material prices in July, the polyester filament yarn market maintained stability in the first half of the month, driven by fixed-price policies from leading enterprises. However, by the end of the month, the pressure to reduce inventory and a general decline in raw material costs led to significant price reductions. Promotional pricing strategies by major factories resulted in a sharp drop in PFY prices. Notably, Re-PFY prices mirrored the trends in virgin PFY, showing some weakness.

  2. The Global Polyester Fiber market size was USD 100.8 billion in 2023!

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Mar 1, 2024
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    Cognitive Market Research (2024). The Global Polyester Fiber market size was USD 100.8 billion in 2023! [Dataset]. https://www.cognitivemarketresearch.com/polyester-fiber-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Mar 1, 2024
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    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.

    The demand for polyester fibers is rising due to their cost-effectiveness, sustainability, versatility, and wide range of applications and technological advancements.
    Demand for Polyester Staple Fiber remains higher in the Polyester Fiber market.
    The Apparel category held the highest Polyester Fiber market revenue share in 2023.
    North American Polyester Fiber will continue to lead, whereas the Asia Pacific Polyester Fiber market will experience the most substantial growth until 2030.
    

    Growing Demand in Textile Industry to Provide Viable Market Output

    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.

    (Source: timesofindia.indiatimes.com/business/india-business/ril-to-double-recycled-psf-capacity-to-5b-pet-bottles-with-new-unit-in-ap/articleshow/85069665.cms)

    Shift Towards Sustainable and Recyclable Fibers to Propel Market Growth
    

    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.

    (Source: economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/reliance-industries-completes-sintex-textiles-acquisition/articleshow/99069122.cms)

    Market Dynamics of the Polyester Fiber

    Supply Chain Vulnerabilities and Raw Material Price Volatility to Restrict Market Growth
    

    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.

    Impact of COVID-19 on the Polyester Fiber Market

    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...

  3. f

    S1 File -

    • plos.figshare.com
    csv
    Updated Sep 12, 2024
    + more versions
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    Wenyi Qiu; Qingjun Mao; Chen Liu (2024). S1 File - [Dataset]. http://doi.org/10.1371/journal.pone.0310355.s001
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    csvAvailable download formats
    Dataset updated
    Sep 12, 2024
    Dataset provided by
    PLOS ONE
    Authors
    Wenyi Qiu; Qingjun Mao; Chen Liu
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    China’s polyester textile industry is one of the notable contributors to national economy. This paper takes polyester yarn, core raw material in polyester textile industry chain, as research object, and deeply explores its price indicators and risk hedging mechanisms through multiple linear regression models and Holt-Winters approaches. It is worth mentioning that with continuous development of digital technology, digital transformation of production lines and warehouses has become an important development feature in various industries. This study also actively complies with this trend, and innovatively incorporates the upstream and downstream production line start-up rates into price prediction model. Through this initiative, we can more comprehensively consider the impact of supply and demand changes on price of polyester yarn, thus making prediction results more closely reflect the actual market situation. This quantitative analysis method undoubtedly provides new ideas for enterprises to better grasp market dynamics in digital era.

  4. Polyester Staple Fiber (PSF) Prices, Trend, Chart, Monitor & Demand

    • imarcgroup.com
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    IMARC Group, Polyester Staple Fiber (PSF) Prices, Trend, Chart, Monitor & Demand [Dataset]. https://www.imarcgroup.com/polyester-staple-fiber-pricing-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset provided by
    Imarc Group
    Authors
    IMARC Group
    License

    https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    The polyester staple fiber (PSF) prices in the United States for Q3 2024 reached 1335 USD/MT in September. The market faced significant price drops due to unstable raw material costs, lower imports, and weak downstream demand. Throughout the quarter, fluctuations intensified, and seasonal effects contributed to the challenges suppliers faced in stabilizing prices.

    Polyester Staple Fiber Prices September 2024

    Product
    CategoryRegionPrice
    Polyester Staple FiberSpecialty ChemicalUnited States1335 USD/MT
    Polyester Staple FiberSpecialty ChemicalChina1020 USD/MT
    Polyester Staple FiberSpecialty ChemicalGermany1250 USD/MT

    Explore IMARC's latest publication, “Polyester Staple Fiber Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the polyester staple fiber prices, providing insights into both global and regional trends that are shaping prices.
  5. Price of polyester and PVC in China 2012-2016

    • statista.com
    Updated Jul 11, 2025
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    Statista (2025). Price of polyester and PVC in China 2012-2016 [Dataset]. https://www.statista.com/statistics/893924/china-polyester-and-pvc-price/
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    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    This statistic shows the price trend of polyester and PVC in China from 2012 to 2016. In 2016, polyester price in the country dropped to approximately ***** yuan per metric ton. The price for PVC in the same year was about ***** yuan per metric ton.

  6. f

    AIC test result.

    • plos.figshare.com
    xls
    Updated Sep 12, 2024
    + more versions
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    Wenyi Qiu; Qingjun Mao; Chen Liu (2024). AIC test result. [Dataset]. http://doi.org/10.1371/journal.pone.0310355.t004
    Explore at:
    xlsAvailable download formats
    Dataset updated
    Sep 12, 2024
    Dataset provided by
    PLOS ONE
    Authors
    Wenyi Qiu; Qingjun Mao; Chen Liu
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    China’s polyester textile industry is one of the notable contributors to national economy. This paper takes polyester yarn, core raw material in polyester textile industry chain, as research object, and deeply explores its price indicators and risk hedging mechanisms through multiple linear regression models and Holt-Winters approaches. It is worth mentioning that with continuous development of digital technology, digital transformation of production lines and warehouses has become an important development feature in various industries. This study also actively complies with this trend, and innovatively incorporates the upstream and downstream production line start-up rates into price prediction model. Through this initiative, we can more comprehensively consider the impact of supply and demand changes on price of polyester yarn, thus making prediction results more closely reflect the actual market situation. This quantitative analysis method undoubtedly provides new ideas for enterprises to better grasp market dynamics in digital era.

  7. F

    Fiber Grade Polyester Chip Report

    • promarketreports.com
    doc, pdf, ppt
    Updated Mar 29, 2025
    + more versions
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    Pro Market Reports (2025). Fiber Grade Polyester Chip Report [Dataset]. https://www.promarketreports.com/reports/fiber-grade-polyester-chip-61117
    Explore at:
    ppt, doc, pdfAvailable download formats
    Dataset updated
    Mar 29, 2025
    Dataset authored and provided by
    Pro Market Reports
    License

    https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global fiber grade polyester chip market is experiencing robust growth, driven by the increasing demand for polyester fibers in various applications, including apparel, textiles, and industrial products. The market is segmented by type (Semi Dull, Full Bright, Super Bright, Others) and application (Polyester Staple Fiber, Polyester Filament). While precise market size data for 2025 is not provided, we can estimate its value based on industry trends and available information. Assuming a conservative CAGR of 6% (a reasonable estimate given the growth in the broader polyester market) and a 2019 market size of $10 billion (a plausible figure for a large material input market), the 2025 market size would be approximately $14 billion. This growth is propelled by factors such as rising disposable incomes in developing economies, boosting demand for clothing and textiles, and continuous advancements in polyester fiber technology leading to improved performance characteristics. However, challenges remain. Fluctuations in raw material prices (primarily petroleum-based) pose a significant risk to profitability. Furthermore, growing environmental concerns related to plastic pollution and the environmental impact of polyester production are leading to increased scrutiny and a push for sustainable alternatives. Despite these headwinds, the market is anticipated to continue expanding, with a projected CAGR of around 5% from 2025 to 2033, driven by ongoing innovation in sustainable polyester production and increasing demand for high-performance textiles. Major players like Libolon, Filatex, Kolon Industries, and JBF Industries are strategically investing in capacity expansion and technological upgrades to maintain a competitive edge. Regional growth will vary, with Asia-Pacific likely to remain the dominant market due to its large textile manufacturing base and robust economic growth.

  8. Global Recycled Polyester Staple Fiber market size is USD 7581.6 million in...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Jun 13, 2024
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    Cognitive Market Research (2024). Global Recycled Polyester Staple Fiber market size is USD 7581.6 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/recycled-polyester-staple-fiber-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jun 13, 2024
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Recycled Polyester Staple Fiber market size is USD 7581.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.20% from 2024 to 2031. North America held the major market share for more than 40% of the global revenue with a market size of USD 3032.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2274.48 million. Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1743.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031. Latin America had a market share for more than 5% of the global revenue with a market size of USD 379.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031. Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 151.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031. Hollow held the highest Recycled Polyester Staple Fiber market revenue share in 2024. Market Dynamics of Recycled Polyester Staple Fiber Market Key Drivers for Recycled Polyester Staple Fiber Market Rising Production in the Automotive Industry Polyester staple fiber, a type of textile material, is widely utilized in the automotive industry for making various components like automobile carpets, seating fabrics, side panels, roof panels, floor panels, door panels, safety belts, tires, airbags, air filters, fuel filters, insulation materials, and other parts. According to the International Trade Administration (ITA), China is the biggest vehicle market globally, and the Chinese government anticipates 35 million automobiles will be produced by 2032. The OICA reported a rise in passenger car production in Africa from 776,967 in 2018 to 787,287 in 2021, representing a 1.3% increase. OICA reports a 6.2% rise in the production of light commercial vehicles in Canada, from 1,348,932 in 2022 to 1,431,904 in 2023. Rising levels of Building and Construction Operations Polyester staple fibers combined with asphalt cement are recognized for enhancing shear, tensile strength, and temperature stability in the resulting concrete. Builders are placing a greater emphasis on strengthening their buildings and constructions in order to meet the strict regulations implemented by various countries, resulting in a gradual rise in the demand for polyester staple fibers in the construction sector. As per the US Census Bureau, construction reached a seasonally adjusted annual rate of 1,366,697 in February 2021, showing a 6.0 percent increase from the rate of 1,288,951 in February 2019. According to the International Trade Administration (ITA), the Chinese construction sector is expected to experience a 5% annual real growth rate from 2022 to 2024 Restraint Factor for the Recycled Polyester Staple Fiber Market Volatility in Crude Oil Prices The common raw materials for making polyester staple fiber are the products derived from crude oil, such as Purified Terephthalic Acid (PTA) and Monoethylene glycol (MEG). Therefore, the fluctuation in crude oil prices also affects the cost of raw materials for polyester staple fiber. Based on data from the BP Statistical Review of World Energy, there has been a variation in crude oil prices over the past few years. For instnce, the price dropped from $98.95/bbl in 2019 to $52.39/bbl in 2020, rose from $43.73/bbl in 2021 to $71.31/bbl in 2022, and then fell to $64.21/bbl in 2023. Due to the unpredictability of crude oil costs, the price of polyester staple fiber goes up as well. Impact of Covid-19 on the Recycled Polyester Staple Fiber Market The Covid-19 pandemic had a significant impact on the market for Recycled Polyester Staple Fiber. The global pandemic caused interruptions in supply chains around the world, resulting in changes in the availability of raw materials and manufacturing processes. Lockdowns and restrictions implemented to control the virus's spread have had an impact on both production operations and consumer demand, leading to consequences for the textile industry as a whole, including the recycled polyester staple fiber market. Nonetheless, with sustainability remaining a fundamental concern post-pandemic, it is anticipated that the market...

  9. The global Polyester Staple Fiber market size will be USD 35621.4 million in...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Jun 21, 2025
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    Cognitive Market Research (2025). The global Polyester Staple Fiber market size will be USD 35621.4 million in 2025. [Dataset]. https://www.cognitivemarketresearch.com/polyester-staple-fiber-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jun 21, 2025
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Polyester Staple Fiber market size will be USD 35621.4 million in 2025. It is expected to expand at a compound annual growth rate (CAGR) of 5.50% from 2025 to 2033. North America held the major market share for more than 20% of the global revenue with a market size of USD 7124.28 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.3% from 2025 to 2033. Europe accounted for a market share of over 10% of the global revenue with a market size of USD 3562.14 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2025 to 2033. APAC held a market share of around 60% of the global revenue with a market size of USD 21372.84 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2025 to 2033. South America has a market share of more than 3.8% of the global revenue with a market size of USD 1353.61 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2025 to 2033. The Middle East had a market share of around 4.00% of the global revenue and was estimated at a market size of USD 1424.86 million in 2025. and will grow at a compound annual growth rate (CAGR) of 4.8% from 2025 to 2033. Africa had a market share of around 2.20% of the global revenue and was estimated at a market size of USD 783.67 million in 2025. and will grow at a compound annual growth rate (CAGR) of 5.2% from 2025 to 2033. Recycled is the fastest growing segment of the Polyester Staple Fiber industry Market Dynamics of Polyester Staple Fiber Market Key Drivers for Polyester Staple Fiber Market Growing Demand in the Textile Industry to Boost Market Growth The market for polyester staple fibre (PSF) is mostly driven by the expanding demand in the textile sector. PSF's cost, adaptability, and durability make it a popular choice for creating clothing, household textiles, and industrial fabrics. The demand for affordable, low-maintenance fibres like PSF is growing as the world's population grows and fashion trends move towards quick and practical apparel. The expanding industries of vehicle upholstery and home furnishings also add to this demand. Because PSF can be used in both woven and nonwoven applications, it is a material of choice for the textile industry, particularly in emerging nations where both output and demand are growing quickly. Rising Popularity of Synthetic Fibers to Boost Market Growth The market for polyester staple fibre (PSF) is expanding at a substantial rate due to the growing demand for synthetic fibres. Synthetic fibres are becoming increasingly popular among producers and consumers due to their superior performance qualities, which include strength, resistance to wrinkles, quick drying, and affordability. Due to its exceptional resilience and ease of blending with other fibres, PSF, in particular, is well-suited for various applications, including technical textiles, upholstery, and clothing. Synthetic fibres are gaining popularity as the demand for practical and reasonably priced textiles in industries such as sportswear, home furnishings, and automobile interiors increases. Innovation in synthetic fibre technologies and growing industrial uses globally further support this trend. Restraint Factor for the Polyester Staple Fiber Market Volatility in Raw Material Prices Will Limit Market Growth Price volatility for raw materials is a major problem impeding the market expansion for polyester staple fibre (PSF). PSF is primarily composed of petrochemical components closely tied to the price of crude oil, including monoethylene glycol (MEG) and purified terephthalic acid (PTA). PSF manufacturers face uncertain production costs due to fluctuations in global oil markets, which are driven by supply disruptions, geopolitical conflicts, and regulatory changes. Profit margins are impacted, investment is deterred, and long-term supply agreements become uncertain due to this price volatility. Furthermore, PSF may become less competitive when compared to synthetic and natural fibre alternatives due to increased raw material costs, which could affect its uptake in the industrial, automotive, and textile industries.

    Introduction of the Polyester Staple Fiber Market The synthetic fibre known as Polyester Staple Fibre (PSF) is produced from recycled PET or virgin polyester. This short-length fibre is typically used to produce nonwoven textiles or to spin yarns. PSF is a...

  10. c

    Polyester Yarn Market size will grow at CAGR of 7.2% from 2023 to 2030!

    • cognitivemarketresearch.com
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    Cognitive Market Research, Polyester Yarn Market size will grow at CAGR of 7.2% from 2023 to 2030! [Dataset]. https://www.cognitivemarketresearch.com/polyester-yarn-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    Global Polyester Yarn Industry's Compound Annual Growth Rate will be 7.2% from 2023 to 2030. What is driving the Polyester Yarn Market?

    Increasing demand for polyester yarn in the textile industry is significantly driving the growth of the global market
    

    Increasing demand for polyester yarn in the textile industry is the major factor expected to drive the growth of the global polyester yarn market. increasing population and improving living standards therefore increasing demand for textiles including clothing, home furnishings, and industrial fabrics. Polyester yarns offer advantages such as durability, affordability, and versatility, making them a preferred choice for textile manufacturers. Increasing demand for technical textiles which find applications in various industries such as automotive, construction, healthcare, and sports, are witnessing rising demand for the polyester yarn. Polyester yarns are widely used in technical textiles due to their excellent strength, abrasion resistance, and chemical stability. As industries increasingly adopt technical textiles for specialized applications. Polyester yarn is made up of polyester fiber and increases the production of polyester fiber. The following graph represents the production of polyester fibers worldwide from 2015 to 2021

    Rising urbanization and growing industrial demand significantly boost the growth of the global polyester yarn market. (Access Detailed Analysis in the Full Report Version)
    

    The trend of urbanization is driving the demand for consumer products, including ready-made clothing, home furnishings, and industrial materials. Polyester yarn acts as a crucial element in all these sectors. Furthermore, industrial uses—such as conveyor belts, tarpaulins, and safety fabrics—are on the rise, leading to a steady demand.

    Growth in Fashion and Apparel Industry
    

    The fast fashion movement and the growing consumer preference for weather-resistant and low-maintenance clothing have resulted in a consistent demand for apparel made from polyester. Its properties, including wrinkle resistance, rapid drying, and durability, make polyester yarn a preferred choice for contemporary clothing collections.

    Key Restraints of Polyester Yarn Market

    Environmental and Sustainability Concerns
    

    Polyester is a synthetic fiber produced from petroleum-based chemicals, resulting in an energy-intensive and non-biodegradable manufacturing process. This situation raises alarms among environmentally conscious consumers and regulators due to issues related to microplastic pollution and waste buildup. As the global focus on sustainability intensifies, polyester is subjected to heightened scrutiny, with consumers increasingly opting for eco-friendly alternatives such as organic cotton and bamboo. These changing perceptions may hinder the acceptance of polyester yarn, particularly in markets that prioritize green certification and carbon neutrality.

    Volatility in Raw Material Prices
    

    The manufacturing of polyester yarn is significantly reliant on raw materials like purified terephthalic acid (PTA) and monoethylene glycol (MEG), both of which are sourced from crude oil. Variations in oil prices, driven by geopolitical conflicts, supply chain interruptions, or changes in regulations, can result in unpredictable production costs. This instability impacts profit margins for manufacturers and may compel them to raise product prices, thereby diminishing competitiveness in price-sensitive markets and impeding adoption, particularly in budget textile sectors.

    Competitive Pressure from Natural Fibers
    

    With the rising demand for sustainable fashion, natural fibers such as cotton, jute, and hemp are experiencing a resurgence due to their biodegradable properties and perceived health advantages. In certain regions, government policies now support organic farming and encourage the use of natural fibers through subsidies and incentives. Furthermore, luxury brands are increasingly leaning towards natural materials for their branding and marketing strategies, creating an image-based competition that polyester often struggles to compete with, despite its performance benefits.

    Key Trends of Polyester Yarn Market

    Shift Toward Recycled Polyester (rPET)
    

    There is an increasing movement across the industry towards circular fashion, with recycled polyester yarn (rPET) gaining significant tracti...

  11. P

    Partially Oriented Yarn (POY) Report

    • archivemarketresearch.com
    doc, pdf, ppt
    Updated Jul 11, 2025
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    Archive Market Research (2025). Partially Oriented Yarn (POY) Report [Dataset]. https://www.archivemarketresearch.com/reports/partially-oriented-yarn-poy-640973
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    ppt, pdf, docAvailable download formats
    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    Archive Market Research
    License

    https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The Partially Oriented Yarn (POY) market is experiencing robust growth, with a market size of $41,000 million in 2025 and a projected Compound Annual Growth Rate (CAGR) of 5.9% from 2025 to 2033. This expansion is driven by several factors. The increasing demand for polyester fabrics in the textile and apparel industry fuels the need for POY, a crucial raw material. Growth in the construction, automotive, and industrial sectors, all significant consumers of polyester-based materials, further bolsters market demand. Technological advancements leading to improved POY quality, enhanced production efficiency, and the development of specialized POY types for niche applications are also contributing to market expansion. Furthermore, the rising disposable income in developing economies is boosting consumer spending on apparel and related products, stimulating the need for more POY. However, the market faces challenges such as fluctuations in raw material prices (primarily petroleum-based) and environmental concerns associated with polyester production. Despite these restraints, the overall market outlook for POY remains positive due to ongoing innovation, diversification of end-use applications, and sustained growth in key consumer markets. The competitive landscape is characterized by a mix of established global players and regional manufacturers. Key players like Tongkun Group, Reliance, Zhejiang Hengyi Group, and others are strategically investing in capacity expansion, technological upgrades, and geographical diversification to maintain their market share. The presence of numerous regional players introduces competition based on price and localized demand. Future market growth will be shaped by the players' ability to innovate, adapt to evolving consumer preferences, and address sustainability concerns within their production processes. The market segmentation (though not provided) is likely to be based on yarn type, application, and geography. A deep dive into these segments is crucial for a granular understanding of the specific growth drivers and challenges within each segment.

  12. Global Polyester Felt Market Size By Application, By Raw Material Type, By...

    • verifiedmarketresearch.com
    Updated May 26, 2024
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    VERIFIED MARKET RESEARCH (2024). Global Polyester Felt Market Size By Application, By Raw Material Type, By Geographic Scope And Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/polyester-felt-market/
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    Dataset updated
    May 26, 2024
    Dataset provided by
    Verified Market Researchhttps://www.verifiedmarketresearch.com/
    Authors
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2024 - 2030
    Area covered
    Global
    Description

    Polyester Felt Market Size And Forecast

    Polyester Felt Market size was valued at 4.49 USD Billion in 2023 and is projected to reach 6.07 USD Billion by 2030, growing at a CAGR of 4.23% during the forecast period 2024-2030.

    Global Polyester Felt Market Drivers

    The market drivers for the Polyester Felt Market can be influenced by various factors. These may include:

    Industry expansion: Particularly in the automotive, construction, and filtration industries, demand for polyester felt is strongly correlated with industrial expansion. Polyester felt is more needed as these sectors grow for uses including filtration media, gaskets, insulation, and padding.

    Automotive Industry: Among its many uses for polyester felt are carpet padding, insulation, and noise reduction in the automobile industry. Polyester felt demand is immediately impacted by increases or decreases in vehicle production.

    Building Industry: Insulation, soundproofing, and roofing underlayment are just a few of the uses for polyester felt in building. Polyester felt demand is driven by expansion in construction activity, especially in developing countries and infrastructure projects.

    Environmental Laws: Tight environmental laws governing waste management and emissions are pushing polyester felt into filtering applications. In sectors like chemical, pharmaceutical, and oil & gas, where compliance depends on filtration efficiency, this is especially true.

    Innovations in Material Technology: The performance and adaptability of polyester felt can be improved by innovations in material technology, which include the creation of new kinds of polyester fibres and better manufacturing techniques, therefore increasing the potential applications of the material and promoting market expansion.

    Consumer Preferences: Manufacturers are developing polyester felt from recycled materials or bio-based sources in response to consumers' growing demands for eco-friendly and sustainable products.

    Cost-Effectiveness: Because polyester felt is so durable, long-lasting, and performs well, it is frequently chosen above natural fibres or substitute synthetic materials. Dynamics of the market can be influenced by economic factors including the cost of manufacturing and raw materials.

    Geopolitical Aspects: Trade rules, tariffs, and geopolitical tensions can influence the cost and availability of raw materials needed to make polyester felt, which in turn affects the dynamics of the market both locally and internationally. In the medical field, polyester felt finds use in surgical drapes, orthopaedic cushioning, and wound care. Growth in the healthcare industry, fueled by things like ageing populations and rising healthcare costs, might increase demand for polyester felt goods.

  13. P

    Polyester Industrial Yarn Report

    • archivemarketresearch.com
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    Updated Aug 12, 2025
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    Archive Market Research (2025). Polyester Industrial Yarn Report [Dataset]. https://www.archivemarketresearch.com/reports/polyester-industrial-yarn-365084
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    pdf, doc, pptAvailable download formats
    Dataset updated
    Aug 12, 2025
    Dataset authored and provided by
    Archive Market Research
    License

    https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global polyester industrial yarn market is experiencing robust growth, exhibiting a significant market size of $85.01 billion in 2025. While the precise CAGR isn't provided, considering the strong demand driven by the burgeoning textile and construction industries, a conservative estimate of 5% CAGR for the forecast period (2025-2033) is reasonable. This translates to substantial market expansion, exceeding $130 billion by 2033. Key drivers include the increasing demand for high-performance fabrics in diverse sectors like automotive, apparel, and industrial textiles. Furthermore, the lightweight nature and cost-effectiveness of polyester industrial yarns compared to alternatives like natural fibers significantly contribute to market growth. Technological advancements focusing on improved strength, durability, and sustainability are shaping the industry landscape. However, fluctuating raw material prices and environmental concerns regarding polyester production pose significant challenges to market expansion. The market is segmented based on various yarn types, applications, and end-use industries, offering opportunities for targeted market penetration by manufacturers. Major players, such as Performance Fibers, Hyosung, and Reliance, are engaging in strategic partnerships, capacity expansions, and technological innovations to maintain a competitive edge. The Asia-Pacific region is expected to dominate the market owing to its large manufacturing base and burgeoning textile industries. The competitive landscape is characterized by both established players and emerging companies striving for market share. The strategic focus is on developing innovative and sustainable polyester yarns to meet the growing demand for eco-friendly materials. Product differentiation through enhanced functionalities such as water resistance, flame retardancy, and antimicrobial properties further contributes to market dynamics. Supply chain resilience and efficient logistics are also critical factors influencing market competition. Future growth prospects are promising, driven by technological advancements and increased investment in sustainable manufacturing processes. The market will continue to witness innovation in material composition, enhancing the overall performance and applications of polyester industrial yarns.

  14. H

    High-strength Polyester Thread Report

    • promarketreports.com
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    Updated Apr 5, 2025
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    Pro Market Reports (2025). High-strength Polyester Thread Report [Dataset]. https://www.promarketreports.com/reports/high-strength-polyester-thread-84763
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    doc, pdf, pptAvailable download formats
    Dataset updated
    Apr 5, 2025
    Dataset authored and provided by
    Pro Market Reports
    License

    https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global high-strength polyester thread market is a robust and expanding sector, projected to reach a value of $374.9 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 3.2% from 2025 to 2033. This growth is fueled by several key drivers. The increasing demand for durable and high-quality textiles in diverse applications like packaging, clothing, and leather goods is a primary factor. Furthermore, the rising adoption of advanced manufacturing techniques in the textile industry, leading to improved thread strength and consistency, is boosting market expansion. Technological advancements in polyester fiber production, resulting in thinner yet stronger threads, are also contributing to this growth. Specific segment performance varies; while 70D, 100D, and 150D threads currently hold significant market share due to their widespread use, higher denier threads (210D, 250D) are gaining traction owing to their superior strength properties, particularly in industrial applications. Geographical distribution shows significant market presence in Asia Pacific, driven by robust manufacturing hubs in China and India. North America and Europe also maintain substantial market shares, fueled by established textile industries and high consumer demand. Despite these positive indicators, the market faces certain challenges. Fluctuations in raw material prices (primarily polyester) can impact production costs and profitability. Intense competition among numerous established and emerging players requires continuous innovation and efficient supply chain management. Moreover, environmental concerns related to polyester production and disposal are prompting a focus on sustainable manufacturing practices, which presents both a challenge and an opportunity for market players to innovate and adopt eco-friendly alternatives. The ongoing global economic uncertainty also presents a potential risk, affecting consumer spending and impacting demand across various segments. However, the long-term outlook for the high-strength polyester thread market remains positive, driven by ongoing advancements in technology and the consistent need for durable and high-performance threads across various sectors. This report provides a detailed analysis of the global high-strength polyester thread market, projecting a market value exceeding $5 billion by 2028. It examines key trends, growth drivers, challenges, and competitive dynamics within this crucial textile segment.

  15. w

    Global Polyester Yarn Market Research Report: By Application (Textiles,...

    • wiseguyreports.com
    Updated Dec 4, 2024
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    wWiseguy Research Consultants Pvt Ltd (2024). Global Polyester Yarn Market Research Report: By Application (Textiles, Automotive, Industrial), By Type (Filament Yarn, Staple Yarn, Textured Yarn), By End Use (Clothing, Home Furnishings, Technical Textiles), By Distribution Channel (Online, Offline, Wholesale) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032. [Dataset]. https://www.wiseguyreports.com/reports/polyester-yarn-market
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    Dataset updated
    Dec 4, 2024
    Dataset authored and provided by
    wWiseguy Research Consultants Pvt Ltd
    License

    https://www.wiseguyreports.com/pages/privacy-policyhttps://www.wiseguyreports.com/pages/privacy-policy

    Area covered
    Global
    Description
    BASE YEAR2024
    HISTORICAL DATA2019 - 2024
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    MARKET SIZE 202327.05(USD Billion)
    MARKET SIZE 202427.56(USD Billion)
    MARKET SIZE 203232.0(USD Billion)
    SEGMENTS COVEREDApplication, Type, End Use, Distribution Channel, Regional
    COUNTRIES COVEREDNorth America, Europe, APAC, South America, MEA
    KEY MARKET DYNAMICSincreasing demand from textile industry, sustainable production practices, fluctuating raw material prices, competition from alternatives, technological advancements in manufacturing
    MARKET FORECAST UNITSUSD Billion
    KEY COMPANIES PROFILEDTeijin Limited, Jiangsu Sanfangxiang Group, Mitsubishi Chemical, BASF, Lenzing AG, SABIC, Nanya Plastics Corporation, Indorama Ventures, Tencel, Drefon, Mehran Group, Reliance Industries, Zhejiang Huafon Spandex, Eastern Petrochemical Company, Aditya Birla Group
    MARKET FORECAST PERIOD2025 - 2032
    KEY MARKET OPPORTUNITIESSustainable production methods, Growing demand for eco-friendly textiles, Expansion in emerging markets, Technological advancements in yarn production, Increase in industrial applications
    COMPOUND ANNUAL GROWTH RATE (CAGR) 1.89% (2025 - 2032)
  16. P

    Polyester Fiber Textile Report

    • datainsightsmarket.com
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    Updated May 19, 2025
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    Data Insights Market (2025). Polyester Fiber Textile Report [Dataset]. https://www.datainsightsmarket.com/reports/polyester-fiber-textile-1815807
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    ppt, doc, pdfAvailable download formats
    Dataset updated
    May 19, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global polyester fiber textile market, valued at approximately $12.85 billion in 2025, is projected to experience steady growth, with a compound annual growth rate (CAGR) of 3.6% from 2025 to 2033. This growth is driven by several key factors. The rising demand for apparel, particularly in emerging economies with growing populations and disposable incomes, fuels significant consumption. Furthermore, the increasing use of polyester in home furnishings, due to its durability, affordability, and easy maintenance, contributes substantially to market expansion. The industrial sector's adoption of polyester fibers for applications like upholstery, automotive interiors, and protective gear also presents a significant growth opportunity. The increasing preference for recycled polyester fibers, driven by growing environmental concerns and sustainability initiatives, is another major driver, encouraging innovation and investment in recycling technologies within the industry. While potential restraints include fluctuations in raw material prices (primarily petroleum-based) and the environmental impact associated with polyester production, the overall market outlook remains positive, particularly with the ongoing development of more sustainable production methods and the expanding application areas of polyester fibers. The market segmentation reveals a diverse landscape. The apparel segment is expected to retain its dominant position, driven by fashion trends and the versatility of polyester fabrics. The home furnishing segment is poised for robust growth, mirroring the increasing urbanization and demand for comfortable and durable home textiles. The industrial segment will continue to show steady growth, although potentially at a slower pace compared to apparel and home furnishings. The primary polyester fiber segment will likely dominate, reflecting its cost-effectiveness and widespread availability. However, the recycled polyester segment is anticipated to witness faster growth due to escalating environmental awareness and government regulations promoting sustainable materials. Key players in the market, including Far Eastern New Century, Reliance Industries, and Toray, are strategically focusing on innovation and expanding their product portfolios to capitalize on these trends. Geographical analysis suggests strong growth in Asia-Pacific, driven by China and India's large textile industries, while North America and Europe are anticipated to maintain steady growth, albeit potentially at a more moderate rate.

  17. P

    Polyester Staple Fiber Market Report

    • marketresearchforecast.com
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    Updated Jan 21, 2025
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    Market Research Forecast (2025). Polyester Staple Fiber Market Report [Dataset]. https://www.marketresearchforecast.com/reports/polyester-staple-fiber-market-4624
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    ppt, pdf, docAvailable download formats
    Dataset updated
    Jan 21, 2025
    Dataset authored and provided by
    Market Research Forecast
    License

    https://www.marketresearchforecast.com/privacy-policyhttps://www.marketresearchforecast.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The Polyester Staple Fiber Market size was valued at USD 34.4 USD Billion in 2023 and is projected to reach USD 50.71 USD Billion by 2032, exhibiting a CAGR of 5.7 % during the forecast period. Polyester staple fiber is another species of synthetic fiber that is processed from polyethylene terephthalate or PET for short. It is manufactured by melting and spinning process of PET pellets into pellets that are very long and then cutting them to desired lengths. There are two main types: post-industrial virgin polyester staple fiber, created from new PET material, and post-consumer virgin polyester staple fiber originating from post-consumer PET goods. Some properties of polyester staple fiber are that it is virtually wrinkle-free, and very easy to iron. It is, again, lighter in weight and has a fairly good moisture management characteristic. It can be used in products such as apparel, carpets, sheets, furnishing fabrics, and industrial fabrics due to its high strength and elasticity. Key drivers for this market are: Rapid Urbanization to be the Key Driving Factor for the Market. Potential restraints include: Increasing Price of Petroleum-Based Raw Material.

  18. S

    Short Cut Polyester Fiber Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated May 21, 2025
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    Data Insights Market (2025). Short Cut Polyester Fiber Report [Dataset]. https://www.datainsightsmarket.com/reports/short-cut-polyester-fiber-1064374
    Explore at:
    ppt, doc, pdfAvailable download formats
    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global short cut polyester fiber market exhibits robust growth, driven by increasing demand across diverse applications. The market's size, while not explicitly stated, can be reasonably estimated based on industry trends and the provided segments. Considering the widespread use of polyester in textiles, construction materials, and hygiene products, a market size exceeding $10 billion in 2025 is plausible. A Compound Annual Growth Rate (CAGR) – let's assume a conservative 5% – suggests consistent expansion, propelled by factors like rising disposable incomes in developing economies, increasing construction activities globally, and the ongoing preference for cost-effective and versatile polyester fibers. Key application segments, including textiles (paper, clothing, composites), automotive interiors, and filtration systems, contribute significantly to market growth. The dominance of specific fiber types, such as regular shrink and blend varieties, reflects ongoing preferences for various performance characteristics. However, challenges such as environmental concerns related to polyester production and fluctuating raw material prices pose potential restraints to market expansion. The competitive landscape is characterized by both large multinational corporations and regional players, suggesting a dynamic market with opportunities for both established and emerging companies. The regional market landscape reveals significant variations. Asia Pacific, particularly China and India, are projected to dominate the market due to their large textile industries and rapidly expanding construction sectors. North America and Europe maintain strong positions, driven by established industries and consistent demand. However, emerging economies in South America, the Middle East, and Africa present lucrative opportunities for future growth as their industrial sectors develop. The forecast period (2025-2033) anticipates continued market expansion, driven by sustained demand from key sectors, technological advancements in fiber production, and a growing focus on sustainable manufacturing practices within the industry. This growth will be shaped by shifts in consumer preferences, government regulations, and innovative product developments within the short cut polyester fiber sector.

  19. P

    Polyester Pre-Oriented Yarn Report

    • archivemarketresearch.com
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    Updated Jul 29, 2025
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    Archive Market Research (2025). Polyester Pre-Oriented Yarn Report [Dataset]. https://www.archivemarketresearch.com/reports/polyester-pre-oriented-yarn-385848
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    ppt, pdf, docAvailable download formats
    Dataset updated
    Jul 29, 2025
    Dataset authored and provided by
    Archive Market Research
    License

    https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global Polyester Pre-Oriented Yarn (POY) market is experiencing steady growth, with a market size of $8,038.2 million in 2025 and a projected Compound Annual Growth Rate (CAGR) of 3.6% from 2025 to 2033. This growth is fueled by the increasing demand for polyester fabrics in diverse applications, including apparel, textiles, industrial products, and packaging. The rising disposable incomes in developing economies and the subsequent surge in consumer spending on apparel are key drivers. Furthermore, advancements in POY manufacturing technologies, leading to improved product quality and enhanced production efficiency, are contributing to market expansion. However, fluctuating raw material prices, particularly for petroleum-based products, and environmental concerns related to polyester production pose significant challenges to sustained growth. Competition within the market is fierce, with major players such as Tongkun Group, Reliance Industries, and Zhejiang Hengyi Group vying for market share through strategic expansions, technological innovations, and mergers and acquisitions. The market is segmented based on yarn type, application, and geography, with Asia-Pacific expected to remain a dominant region due to its large textile industry and robust manufacturing base. The forecast period (2025-2033) anticipates continued market expansion, albeit at a moderate pace. Factors influencing this growth include ongoing innovations in polyester fiber technology, focused on enhanced properties like strength, durability, and sustainability. The industry's increasing adoption of circular economy principles and sustainable manufacturing practices is also likely to shape future market dynamics. Nevertheless, potential regulatory changes regarding plastic waste management and growing consumer preference for eco-friendly alternatives could present considerable headwinds. Understanding these factors is crucial for businesses operating in this market to develop effective strategies for sustainable growth and profitability.

  20. The Global Polyester Staple Fiber And Nylon Staple Fibers market size was...

    • cognitivemarketresearch.com
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    Cognitive Market Research, The Global Polyester Staple Fiber And Nylon Staple Fibers market size was USD 23.8 billion in 2023! [Dataset]. https://www.cognitivemarketresearch.com/polyester-staple-fiber-and-nylon-staple-fibers-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, The Global Polyester Staple Fiber And Nylon Staple Fibers market size will be USD 23.8 billion in 2023. They will expand at a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030.

    The demand for Polyester Staple Fiber and nylon Staple Fibers is rising due to the increasing emphasis on sustainable and eco-friendly materials in the textile industry and the growing demand for textile products, including apparel, home textiles, and industrial fabrics.
    Demand for Virgin Polyester Staple Fiber (Virgin PSF) remains higher in the Polyester Staple Fiber and nylon Staple Fibers market.
    The Cloth Materials category held the highest Polyester Staple Fiber and nylon Staple Fibers market revenue share in 2023.
    North American Polyester Staple Fiber and nylon Staple Fibers will continue to lead. In contrast, the Asia Pacific Polyester Staple Fiber and nylon Staple Fibers market will experience the most substantial growth until 2030.
    

    Market Dynamics of the Polyester Staple Fiber And Nylon Staple Fibers

    Key Driver for Polyester Staple Fiber And Nylon Staple Fibers Market

    Sustainable Practices and Recycling Initiatives to Provide Viable Market Output
    

    One key driver in the Polyester Staple Fiber market is the increasing focus on sustainable practices and recycling initiatives. With growing environmental concerns, manufacturers are adopting strategies to produce recycled Polyester Staple Fiber (rPSF) by utilizing post-consumer PET bottles. The demand for eco-friendly textiles has surged, and consumers are increasingly seeking products that align with sustainability goals. As a result, the adoption of recycled polyester fibres has become a prominent trend, propelling the market forward. The commitment to sustainable sourcing and manufacturing processes not only addresses environmental concerns but also meets the changing preferences of conscious consumers.

    August 2021, Reliance Industries Limited (RIL) will open a new recycled polyester staple fibre (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.

    (Source: timesofindia.indiatimes.com/business/india-business/ril-to-double-recycled-psf-capacity-to-5b-pet-bottles-with-new-unit-in-ap/articleshow/85069665.cms)

    Key Restraints for Polyester Staple Fiber And Nylon Staple Fibers Market

    Raw Material Price Volatility and Supply Chain Disruptions to Restrict Market Growth
    

    One significant restraint affecting both markets is the volatility in raw material prices, particularly the pricing fluctuations of petrochemical-based feedstocks. The Polyester Staple Fiber market heavily relies on petrochemical-derived polyethene terephthalate (PET), while the Nylon Staple fibre market depends on the costs of polyamide polymers. Fluctuations in crude oil prices, geopolitical tensions, and global economic uncertainties contribute to the unpredictability of raw material costs, impacting the operational expenses for manufacturers. Supply chain disruptions, exacerbated by external factors like natural disasters and geopolitical events, further intensify the challenges.

    Impact of COVID-19 on the Polyester Staple Fiber & Nylon Staple Fibers Market

    The COVID-19 pandemic had a notable impact on both the polyester staple fibre (PSF) and nylon staple fibre markets. Disruptions in global supply chains, lockdowns, and reduced consumer spending during the pandemic led to a decline in demand for textile and apparel products, affecting the overall market for staple fibres. The temporary closure of manufacturing facilities and disruptions in logistics affected production capacities, leading to fluctuations in raw material prices. While there was an initial slowdown in demand, especially in segments like apparel and non-essential textiles, the markets have shown resilience as industries adapted to the new normal.

    Opportunity for Polyester Staple Fiber And Nylon Staple Fibers Market

    Versatility and Broad Application Spectrum to Propel Market Growth
    

    Another significant driver for polyester staple fiber is its inherent versatility and broad application spectrum. Polyester fibres are utilized in a wide range of industries, including textiles, apparel, home furnishings, and non-woven ma...

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Statista, Price of polyester filament yarn in China 2019-2023 [Dataset]. https://www.statista.com/statistics/1493688/china-price-of-polyester-filament-yarn/
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Price of polyester filament yarn in China 2019-2023

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Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2024
Area covered
China
Description

In 2024, recycled polyester filament yarn (Re-PFY) and polyester filament yarn (PFY) prices experienced significant fluctuations. After steady increases early in the year, both yarn types saw sharp price drops in March and April. Re-PFY fell from ******** yuan per metric ton in late February to ******** yuan per metric ton by late March, while PFY declined from ***** yuan per metric ton to ******* yuan per metric ton during the same period. Although prices peaked in early July, with Re-PFY at ******** yuan per metric ton and PFY at ***** yuan per metric ton, they had declined again by mid-August, with Re-PFY at ******** yuan per metric ton and PFY at ******** yuan per metric ton. Despite the weakening raw material prices in July, the polyester filament yarn market maintained stability in the first half of the month, driven by fixed-price policies from leading enterprises. However, by the end of the month, the pressure to reduce inventory and a general decline in raw material costs led to significant price reductions. Promotional pricing strategies by major factories resulted in a sharp drop in PFY prices. Notably, Re-PFY prices mirrored the trends in virgin PFY, showing some weakness.

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