The global Polyester Filament market is expected to reach USD 106.23 Billion by 2030, according to a new report by Reports and Data. The growth of the market is attributed to the increasing applications of Polyester Filaments amongst the end-users.

The increasing use of Polyester Filament in the textile industry is likely to drive the growth of the market in the upcoming years. The Polyester Filaments possess good elasticity, shape retention, wrinkle resistance, exceptional wash wear performance, washability, and longevity, among others, and as a result, find extensive application in various types of apparel fabrics. It is used to make fashionable dresses, and weather-resistant clothing, and is a preferred material for children’s wear.

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Polyester Filament Industry Overview

The global materials chemicals industry revenue growth can be majorly attributed to increasing demand for essential consumer goods including soaps, detergents, and beauty personal care products worldwide, rising preference for sustainable and eco-friendly raw materials, and growing use of advanced chemicals and raw materials in industries including agriculture, food beverage industries, buildings construction, automotive, packaging, and manufacturing industries. Other major factors driving the growth of this industry are rising pollution levels, increasing environmental awareness, increasing use of technologically advanced chemicals and materials, and rising demand for organic materials.

Top Companies Profiled in the Report:

Tongkun Group Co. Ltd., Shenghong Corp., Xin Feng Ming Group, Reliance Industries Ltd., Reliance Industries Ltd., William Barnet Son LLC, Hengli Group, Indorama Ventures Public Company Limited, Polyfibre Industries, Toray Industries Inc., and GreenFiber International SA, among others.

Product Type Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)

Partially Oriented Yarn (POY)

Fully Drawn Yarn (FDY)

Drawn Textured Yarn (DTY)

Others

Raw Material Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)

Polyethylene Terephthalate

Poly-1, 4-Cyclohexylene Dimethylene (PCDT)

Others

Application Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)

Tire Cords

Mechanical Rubber Goods

Non-Woven Fabrics

Apparels

Others

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Global Polyester Filament Market Segmentation: Regional Outlook

North America

Latin America

Asia Pacific

Europe

Middle East Africa

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