Polyester Filament Market: By Product Type (Partially Oriented Yarn (POY), Polyester Fully Drawn Yarn (FDY), and Polyester Drawn Textured Yarn (DTY)), By Application (Textile & Apparel, Home Furnishings, Healthcare, Industrial, and Others), and Geography

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Polyester Filament Market size was valued at USD 121.2 million in 2023 and is poised to grow at a CAGR of 5.4% from 2024 to 2030. The polyester filament market, a cornerstone of the global textile industry, is experiencing robust growth.  These versatile yarns, known for their durability, affordability, and wide range of applications, are woven into the fabric of our daily lives. A fundamental driver for the polyester filament market is the ever-increasing demand for textiles. The global population is projected to continue growing, leading to a corresponding increase in the need for clothing, home textiles, and other textile products. In addition, the process of urbanization and the rise of the middle class, particularly in developing nations, lead to increased disposable incomes and a growing desire for consumer goods, including textiles. Moreover, the fast-fashion trend, characterized by frequent style changes and affordable clothing, creates a constant need for readily available and cost-effective yarn materials like polyester filament.

Furthermore, polyester filament yarns offer a unique combination of versatility and performance that makes them a preferred choice for various applications such as durability and strength, wrinkle resistance and easy care, and adaptability to dyeing and finishing. Also, compared to natural fibers like cotton, polyester filament yarns are generally more cost-effective. This affordability makes them accessible to a wider range of consumers and textile manufacturers, particularly in price-sensitive markets. However, the cost of polyester filament yarns is heavily influenced by the price of crude oil, a key raw material. This volatility can lead to price fluctuations for end products, impacting consumer purchasing decisions.

Polyester Filament Market Key Developments:
  • In November 2021, Toray Industries Inc., launched Qticle, a polyester filament fabric that combines the structure of hair and wool with a smooth and supple texture functionality.
  • In August 2021, Reliance Industries built a facility for the manufacture of recycled polyester fibers in Andhra Pradesh, expanding its capacity for recycling PET. Business people all over the nation will be able to take benefit of this law and setup recycling facilities, avert used packaging from landfills and produce wealth from landfills using waste as a resource.

Polyester Filament Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.4%

Largest Market

Asia Pacific

Fastest Growing Market

North America
Polyester Filament Market Dynamics

The polyester filament market is continuously being driven by advancements in technology. The Innovations in yarn processing and finishing techniques are enabling the creation of high-performance polyester filament yarns with enhanced functionality, such as moisture-wicking for activewear or fire retardancy for safety applications. In addition, technological advancements are paving the way for more sustainable polyester filament yarn production. This includes the use of recycled materials and energy-efficient processes, catering to growing environmental concerns. Moreover, emerging technologies like conductive yarns are integrating into the polyester filament market. These yarns can be used in smart textiles with functionalities like temperature regulation or health monitoring. Furthermore, consumers are increasingly conscious of the environmental impact of the products they purchase. This creates a demand for eco-friendly polyester filament yarns made from recycled materials or utilizing sustainable production methods.

Polyester Filament Market Segmentation

By Product Type
  • Partially Oriented Yarn (POY)
  • Polyester Fully Drawn Yarn (FDY
  • Polyester Drawn Textured Yarn (DTY)
By Application
  • Textile & Apparel
  • Home Furnishings
  • Healthcare
  • Industrial
  • Others

Frequently Asked Questions

The North America is the fastest growing region in the Polyester Filament Market

The Asia Pacific dominates the Polyester Filament market.

The leading players in the Polyester Filament Market are Tepar Textiles, Sivasakhi threads, Indorama Ventures, Meher International, Reliance Industries, Filatex India Limited, Sarla Performance Fibers, Thai Polyester Company, Tongkun Group Co. Ltd, Beximco Synthetics Limited, and BaiHong Industrial Holdings Co.

Historic years considered for the market study are 2019 to 2022, 2023 is considered as the base year for market estimation and the forecast presented from 2024 to 2030.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.
1.Executive Summary
2.Global Polyester Filament Market Introduction 
2.1.Global Polyester Filament Market  - Taxonomy
2.2.Global Polyester Filament Market  - Definitions
2.2.1.Product Type
2.2.2.Application
2.2.3.Region
3.Global Polyester Filament Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Polyester Filament Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Polyester Filament Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Partially Oriented Yarn (POY)
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Polyester Fully Drawn Yarn (FDY
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Polyester Drawn Textured Yarn (DTY)
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Polyester Filament Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Textile & Apparel
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Home Furnishings
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Healthcare
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Industrial
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Others
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7.Global Polyester Filament Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Polyester Filament Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Partially Oriented Yarn (POY)
8.1.2.Polyester Fully Drawn Yarn (FDY
8.1.3.Polyester Drawn Textured Yarn (DTY)
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Textile & Apparel
8.2.2.Home Furnishings
8.2.3.Healthcare
8.2.4.Industrial
8.2.5.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Polyester Filament Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Partially Oriented Yarn (POY)
9.1.2.Polyester Fully Drawn Yarn (FDY
9.1.3.Polyester Drawn Textured Yarn (DTY)
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Textile & Apparel
9.2.2.Home Furnishings
9.2.3.Healthcare
9.2.4.Industrial
9.2.5.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Polyester Filament Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Partially Oriented Yarn (POY)
10.1.2.Polyester Fully Drawn Yarn (FDY
10.1.3.Polyester Drawn Textured Yarn (DTY)
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Textile & Apparel
10.2.2.Home Furnishings
10.2.3.Healthcare
10.2.4.Industrial
10.2.5.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Polyester Filament Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Partially Oriented Yarn (POY)
11.1.2.Polyester Fully Drawn Yarn (FDY
11.1.3.Polyester Drawn Textured Yarn (DTY)
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Textile & Apparel
11.2.2.Home Furnishings
11.2.3.Healthcare
11.2.4.Industrial
11.2.5.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Polyester Filament Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Partially Oriented Yarn (POY)
12.1.2.Polyester Fully Drawn Yarn (FDY
12.1.3.Polyester Drawn Textured Yarn (DTY)
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Textile & Apparel
12.2.2.Home Furnishings
12.2.3.Healthcare
12.2.4.Industrial
12.2.5.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Tepar Textiles
13.2.2.Sivasakhi threads
13.2.3.Indorama Ventures
13.2.4.Meher International
13.2.5.Reliance Industries
13.2.6.Filatex India Limited
13.2.7.Sarla Performance Fibers
13.2.8.Thai Polyester Company
13.2.9.Tongkun Group Co. Ltd
13.2.10.Beximco Synthetics Limited
13.2.11.BaiHong Industrial Holdings Co.
14. Research Methodology 
15. Appendix and Abbreviations 
  • Tepar Textiles
  • Sivasakhi threads
  • Indorama Ventures
  • Meher International
  • Reliance Industries
  • Filatex India Limited
  • Sarla Performance Fibers
  • Thai Polyester Company
  • Tongkun Group Co. Ltd
  • Beximco Synthetics Limited
  • BaiHong Industrial Holdings Co.

Adjacent Markets