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Polyester Fiber Trends and Forecast
The future of the global polyester fiber market looks promising with opportunities in the textile & apparel, home furnishing, automotive & transportation, and industrial markets. The global polyester fiber market is expected to reach an estimated $163.2 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are increasing demand in both the business and household markets for carpets and rugs, rising demand for nonwoven fabrics, and expanding applications in automotive and industrial sectors.
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Polyester Fiber by Segment
The study includes a forecast for the global polyester fiber by form, grade, product type, application, and region.
Polyester Fiber Market by Form [Shipment Analysis by Value from 2018 to 2030]:
• Solid
• Hollow
Polyester Fiber Market by Grade [Shipment Analysis by Value from 2018 to 2030]:
• Pet Polyester Fiber
• Pcdt Polyester Fiber
Polyester Fiber Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Polyester Filament Yarn
• Polyester Staple Fiber
Polyester Fiber Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Textile & Apparel
• Home Furnishing
• Automotive & Transportation
• Industrial
• Others
Polyester Fiber Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Polyester Fiber Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyester fiber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyester fiber companies profiled in this report include-
• Zhejiang Hengyi
• Reliance Industries
• Indorama Venture
• Public Company
• Toray Industries
• Sinopec Yizheng Chemical Fiber
• Liablity Company
Polyester Fiber Market Insights
Lucintel forecasts that solid will remain the larger segment over the forecast period because it is extensively utilized in the creation of carpet yarn, geotextile, cotton, wool, linen, and viscose blends, as well as in the spinning and blending of materials to make clothes, a range of non-woven layers for agricultural purposes, and moisture insulations.
APAC is expected to witness highest growth over the forecast period due to substantial expansion and a plethora of innovations within the textile sector, expanding infrastructure development initiatives for homes and businesses in the developing countries.
Features of the Global Polyester Fiber Market
Market Size Estimates: Polyester fiber market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Polyester fiber market size by form, grade, product type, application, and region in terms of value ($B).
Regional Analysis: Polyester fiber market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different form, grade, product type, application, and regions for the polyester fiber market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyester fiber market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the polyester fiber market size?
Answer: The global polyester fiber market is expected to reach an estimated $163.2 billion by 2030.
Q2. What is the growth forecast for polyester fiber market?
Answer: The global polyester fiber market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the polyester fiber market?
Answer: The major drivers for this market are increasing demand in both the business and household markets for carpets and rugs, rising demand for nonwoven fabrics, and expanding applications in automotive and industrial sectors.
Q4. What are the major segments for polyester fiber market?
Answer: The future of the global polyester fiber market looks promising with opportunities in the textile & apparel, home furnishing, automotive & transportation, and industrial markets.
Q5. Who are the key polyester fiber market companies?
Answer: Some of the key polyester fiber companies are as follows:
• Zhejiang Hengyi
• Reliance Industries
• Indorama Venture
• Public Company
• Toray Industries
• Sinopec Yizheng Chemical Fiber
• Liablity Company
Q6. Which polyester fiber market segment will be the largest in future?
Answer: Lucintel forecasts that solid will remain the larger segment over the forecast period because it is extensively utilized in the creation of carpet yarn, geotextile, cotton, wool, linen, and viscose blends, as well as in the spinning and blending of materials to make clothes, a range of non-woven layers for agricultural purposes, and moisture insulations.
Q7. In polyester fiber market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to substantial expansion and a plethora of innovations within the textile sector, expanding infrastructure development initiatives for homes and businesses in the developing countries.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polyester fiber market by form (solid and hollow), grade (pet polyester fiber and pcdt polyester fiber), product type (polyester filament yarn and polyester staple fiber), application (textile & apparel, home furnishing, automotive & transportation, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Polyester Fiber Market, Polyester Fiber Market Size, Polyester Fiber Market Growth, Polyester Fiber Market Analysis, Polyester Fiber Market Report, Polyester Fiber Market Share, Polyester Fiber Market Trends, Polyester Fiber Market Forecast, Polyester Fiber Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Polyester Fiber Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Polyester Fiber Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Polyester Fiber Market by Form
3.3.1: Solid
3.3.2: Hollow
3.4: Global Polyester Fiber Market by Grade
3.4.1: PET Polyester Fiber
3.4.2: PCDT Polyester Fiber
3.5: Global Polyester Fiber Market by Product Type
3.5.1: Polyester Filament Yarn
3.5.2: Polyester Staple Fiber
3.6: Global Polyester Fiber Market by Application
3.6.1: Textile & Apparel
3.6.2: Home Furnishing
3.6.3: Automotive & Transportation
3.6.4: Industrial
3.6.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Polyester Fiber Market by Region
4.2: North American Polyester Fiber Market
4.2.2: North American Polyester Fiber Market by Application: Textile & Apparel, Home Furnishing, Automotive & Transportation, Industrial, and Others
4.3: European Polyester Fiber Market
4.3.1: European Polyester Fiber Market by Form: Solid and Hollow
4.3.2: European Polyester Fiber Market by Application: Textile & Apparel, Home Furnishing, Automotive & Transportation, Industrial, and Others
4.4: APAC Polyester Fiber Market
4.4.1: APAC Polyester Fiber Market by Form: Solid and Hollow
4.4.2: APAC Polyester Fiber Market by Application: Textile & Apparel, Home Furnishing, Automotive & Transportation, Industrial, and Others
4.5: ROW Polyester Fiber Market
4.5.1: ROW Polyester Fiber Market by Form: Solid and Hollow
4.5.2: ROW Polyester Fiber Market by Application: Textile & Apparel, Home Furnishing, Automotive & Transportation, Industrial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Polyester Fiber Market by Form
6.1.2: Growth Opportunities for the Global Polyester Fiber Market by Grade
6.1.3: Growth Opportunities for the Global Polyester Fiber Market by Product Type
6.1.4: Growth Opportunities for the Global Polyester Fiber Market by Application
6.1.5: Growth Opportunities for the Global Polyester Fiber Market by Region
6.2: Emerging Trends in the Global Polyester Fiber Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Polyester Fiber Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Polyester Fiber Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Zhejiang Hengyi
7.2: Reliance Industries
7.3: Indorama Venture
7.4: Public Company
7.5: Toray Industries
7.6: Sinopec Yizheng Chemical Fiber
7.7: Liablity Company
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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