openPR Logo
Press release

Polyester Filament Market to Reach US$ 191 Billion by 2034, Expanding at 5.1% CAGR

07-24-2025 02:32 PM CET | Chemicals & Materials

Press release from: FactMR

Polyester Filament Market to Reach US$ 191 Billion by 2034,

global polyester filament market size is approximated at a value of US$ 116.2 billion in 2024 and has been analysed to increase at a CAGR of 5.1% and reach US$ 191 billion by the end of 2034.The rising demand for polyester filaments, driven by their widespread applications in textiles, automotive, and industrial sectors, is a key factor propelling market expansion. Polyester filaments, known for their durability, versatility, and cost-effectiveness, are extensively used in apparel, home furnishings, and technical textiles, making them a cornerstone of the global textile industry.

The increasing adoption of polyester filaments is fueled by growing consumer preference for affordable, high-performance materials in clothing and home décor. This trend is particularly prominent in emerging economies, where rising disposable incomes and urbanization are driving demand for textiles. Additionally, the automotive industry's reliance on polyester filaments for tire cords, upholstery, and interior components is contributing to market growth. Technological advancements in filament production, such as the development of eco-friendly and recycled polyester filaments, are further enhancing market prospects by aligning with global sustainability goals.

Polyester filaments are integral to various industries, including fashion, sportswear, automotive, and construction. Their properties, such as high tensile strength, resistance to abrasion, and ease of dyeing, make them ideal for producing durable fabrics and technical textiles. The shift toward sustainable production practices, including the use of recycled polyester, is gaining traction, particularly in regions with stringent environmental regulations, such as Europe and North America.

Browse Full Report: https://www.factmr.com/report/2443/polyester-filament-market

"Innovation in sustainable filament production is pivotal for meeting environmental regulations and consumer demand for eco-friendly products. Manufacturers must prioritize research and development to enhance filament quality and reduce environmental impact," opines a Fact.MR analyst.

Polyester Filament Market Insights: Key Trends and Growth:

The Fact.MR report underscores robust growth in the polyester filament market, driven by increasing demand for sustainable textiles and advancements in production technologies. The rising popularity of recycled polyester filaments, spurred by environmental awareness and regulatory pressures, is a significant growth driver. Partially oriented yarn (POY) and fully drawn yarn (FDY) dominate the market due to their versatility in textile applications. Asia Pacific leads the market, supported by its strong textile manufacturing base, particularly in China and India. However, volatile raw material prices and competition from natural fibers pose challenges to market growth.

Key Takeaways from the Market Study:

* The global polyester filament market is forecasted to expand at a CAGR of 7.1% from 2024 to 2035.
* Asia Pacific is expected to account for 48.6% of the global market share in 2024, with China holding a dominant share of 62.4% in the region.
* The European polyester filament market is projected to grow at a CAGR of 6.8% through 2035.
* Based on product type, partially oriented yarn (POY) holds a significant market share of 42.3% in 2024.
* The textile industry dominates the end-use segment, accounting for 55.7% of the market share in 2024.
* The market in North America, led by the United States, is valued at USD 22.1 billion in 2024 and is expected to grow at a CAGR of 6.5% through 2035.

Polyester Filament Market Competitive Landscape:

Key players in the global polyester filament market include Reliance Industries Limited, Indorama Ventures, Tongkun Group, Zhejiang Hengyi Group, and Toray Industries. These companies focus on innovation, investing heavily in research and development to produce high-quality, sustainable filaments. Strategic partnerships with textile manufacturers and expansions in production capacity are common strategies to strengthen market presence. Smaller players often leverage technological advancements from industry leaders to enhance their product portfolios. The competitive landscape is shaped by innovation, sustainability initiatives, and global supply chain networks.

Polyester Filament Market Key Companies Profiled:

Reliance Industries Limited
Indorama Ventures Public Company Limited
Tongkun Group Co., Ltd.
Zhejiang Hengyi Group Co., Ltd.
Toray Industries, Inc.
Jiangsu Sanfangxiang Group
Sinopec Yizheng Chemical Fibre
Alpek S.A.B. de C.V.
Far Eastern New Century Corporation
Xin Feng Ming Group
Shenghong Group
Jiangsu Eastern Shenghong Co., Ltd.
Hyosung Corporation
Xinfengming Group Co., Ltd.
Hengli Group

For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2443

Polyester Filament Industry News:

* In April 2023, Indorama Ventures launched a new range of recycled polyester filaments, aligning with global sustainability trends and targeting eco-conscious apparel brands.
* In August 2023, Reliance Industries announced a partnership with a leading European textile manufacturer to supply high-performance polyester filaments for automotive applications.
* In February 2024, Toray Industries introduced a next-generation polyester filament with enhanced durability and recyclability, aimed at reducing environmental impact in textile production.

Explore More Related Studies Published by Fact.MR Research:

Attitude and Heading Reference Systems Market: https://www.factmr.com/report/3474/attitude-and-heading-reference-systems-market
Electronic Alarms Market: https://www.factmr.com/report/3485/electronic-alarms-market
Hydrophobic Solvents Market: https://www.factmr.com/report/3495/hydrophobic-solvents-market
Micro Inverter Market: https://www.factmr.com/report/3506/micro-inverter-market
Air Ride Suspension Systems Market: https://www.factmr.com/report/3556/air-ride-suspension-systems-market

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

About Fact.MR

We are a trusted research partner of 80% of Fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Polyester Filament Market to Reach US$ 191 Billion by 2034, Expanding at 5.1% CAGR here

News-ID: 4118788 • Views:

More Releases from FactMR

Biobanking Market to Surge USD 147.9 Billion by 2035, Reshaping Global Research Infrastructure
10-08-2025 | Health & Medicine
FactMR
Biobanking Market to Surge USD 147.9 Billion by 2035, Reshaping Global Research …
The biobanking industry stands at the threshold of a decade-long expansion trajectory that promises to reshape biological sample storage and research infrastructure technology. The market's journey from USD 68.5 billion in 2025 to USD 147.9 billion by 2035 This expansion underscores the industry's pivotal role in modernizing biological sample storage and advancing research infrastructure for pharmaceutical and biotechnology applications. Biobanking's critical contribution to personalized medicine, drug discovery, and disease research positions
Biopharmaceutical Packaging Market Set to Soar USD 58.2 Billion by 2035 - Unveiling a Decade of Transformative Growth for Drug Safety and Packaging Innovation
10-08-2025 | Health & Medicine
FactMR
Biopharmaceutical Packaging Market Set to Soar USD 58.2 Billion by 2035 - Unveil …
The global Biopharmaceutical Packaging Market is entering a decade of unprecedented expansion, set to nearly double in size from USD 28.5 billion in 2025 to USD 58.2 billion by 2035, registering a robust CAGR of 7.4%. This remarkable growth reflects the rising demand for advanced pharmaceutical packaging systems that enhance sterility, improve drug safety, and streamline regulatory compliance. The market's trajectory is not just about scaling revenue but also about reshaping
3D Printing in Healthcare Set to Redefine Medical Manufacturing - Market Forecast to Reach USD 18.8 billion by 2035
10-08-2025 | Health & Medicine
FactMR
3D Printing in Healthcare Set to Redefine Medical Manufacturing - Market Forecas …
The 3D printing in healthcare industry stands at the threshold of a decade-long expansion trajectory that promises to reshape medical manufacturing and personalized healthcare technology. The market's journey from USD 4.2 billion in 2025 to USD 18.8 billion by 2035This remarkable growth underscores the technology's pivotal role in advancing personalized medicine, surgical precision, and medical device manufacturing, making it an investment priority for forward-looking manufacturers and healthcare technology leaders.Driven by
Surgical Navigation Glasses Market to Skyrocket USD 6,793 Million by 2035, Growing at 32.0% CAGR
10-08-2025 | Health & Medicine
FactMR
Surgical Navigation Glasses Market to Skyrocket USD 6,793 Million by 2035, Growi …
The global surgical navigation glasses market is expected to reach USD 6,793 Million by 2035, up from estimated value of USD 423.0 Million in 2025. During the forecast period 2025 to 2035, the industry is projected to expand at a CAGR of 32.0%.This exponential trajectory underscores the industry's pivotal role in transforming modern surgical practices, particularly in neurosurgery, orthopedics, and minimally invasive procedures. Fueled by the rapid adoption of Augmented Reality

All 5 Releases


More Releases for Polyester

Optical Polyester Film Market 2023 Research Analysis | 3M, Hefei Lucky, KOLON In …
In recent years, the global market for optical polyester film has experienced substantial growth due to its diverse applications and unique properties. This versatile and technologically advanced material is making significant inroads across various industries, such as electronics, packaging, imaging, and more. In this article, we will explore the reasons behind the surge in demand for optical polyester film, its wide-ranging applications, and the benefits it brings to modern industries. In
Polyester Fiber Acoustic Panels Market
The global Polyester Fiber Acoustic Panels market was valued at USD 237.06 million in 2022 and is expected to reach USD 334.07 million by the end of 2029, growing at a CAGR of 5.06% between 2023 and 2029. Get a Free Sample Copy of the Global Polyester Fiber Acoustic Panels Market Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=6867126 Polyester fiber acoustic panels refer to the sound-absorbing panels made from polyester fibers that are used to
5 Advantages of Polyester Lanyards
Lanyards are a common office item that is worn by many employees. They are also utilised as identity card holders for pupils by schools and educational institutions. Polyester lanyards are the most often used product among the numerous varieties of lanyards available on the market. Polyester is a tough textile that can resist everyday wear and tear. As a result, polyester lanyards in Ireland are ideal for any type of
Global Optical Polyester Film Market 2019 - Mitsubishi Polyester Film, TORAY, TO …
This new report by Eon Market Research, titled “Global Optical Polyester Film Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Optical Polyester Film industry at a global as well as regional and country level. Key facts analyzed in this report include the Optical Polyester Film market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses
Global Polyester Film (PET Film) Market Growth 2017-2022 Mitsubishi Polyester Fi …
PET or polyethylene terephthalate film is a thermoplastic polymer commonly referred to as polyester film. Like most thermoplastics, PET films can be biaxially oriented or bubble extruded. Polyester film is one of the most common substrates used in the converting industry because of its balance of properties in relation to other thermoplastic polymers. Ask For Sample Copy of Report : http://bit.ly/2toHtBg This report provides detailed analysis of worldwide markets for Polyester Film
Optical Polyester Film Industry 2017 Analysis by Key Players –Mitsubishi Polye …
Optical Polyester Film WiseGuyReports.com adds “Global Optical Polyester Film Research Report 2021” to its Database. Report Scenario Polyester film (PET) is one kind of film material, whose raw material is polyethylene terephthalate, through extrusion method into thick slices, and then by two-way stretch. Optical grade polyester film refer to the PET film which used for optical and optoelectronic field, such as indium tin oxide film (Indium Tin-Oxide ITO film