Market Insights
Polyester belongs to the class of polymers that contain an ester functional group in the main chain. Polyester generally refers to the fibers or yarns of polyethylene terephthalate. Polyesters comprise synthetic materials such as polybutyrate as well as naturally occurring materials such as the cuticle of plants. All natural polyesters are biodegradable, although a few synthetic polyesters can also be decomposed. Polyester yarns are extensively used in textile and clothing applications. Fabrics knitted or woven from polyester yarns are used exclusively in apparel, clothing, and home furnishings.
Some of the most common polyester yarn textiles include pants, shirts, hats, jackets, blankets, bed sheets, computer mouse mats, and upholstered furniture, among others. Industrial polyester yarns are used in the manufacture of ropes that are used in fabrics for conveyor belts, tire reinforcements, coated fabrics, safety belts, and plastic reinforcements. Polyester yarn is also used as an insulating and cushioning material in comforters, pillows, and upholstery padding. Polyester yarns are extremely stain-resistant and are usually spun along with natural yarns to produce a fabric with added properties. Blends of cotton and polyester, also known as polycotton, are wrinkle-free, strong, and slit-resistant, and they help reduce the shrinkage of the cloth. Although blends of polyester and cotton yarns are relatively less breathable when compared to pure cotton, they trap more moisture when in contact with the skin. Polyester yarns can easily melt when ignited and are less fire-resistant.
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Increasing demand for recycled polyester yarn is one of the key factors driving the growth of the global polyester yarn market. In addition, consumers are rapidly opting for sustainable and maintainable textiles that are prepared using recycled materials. Also, rising awareness about environmental protection is another key aspect bolstering the demand for polyester yarns. The ease of availability of sustainable textiles in a broad range of bright colors, stylish designs, and attractive prints is, in turn, supplementing the overall demand.
Increasing demand for recycled yarns coupled with increasing application areas for polyester yarns, especially in the Asia Pacific, is anticipated to accelerate market growth over the foreseeable future. Unlike the rising demand for several housing-related products such as bed sheets, curtains, and mats, there is a surge in demand for carpets. Hence, the intensifying carpet market is projected to augment the overall demand for polyester yarns over the forecast period. Owing to the variable climatic conditions, there is a surge in demand for winter textiles across the colder regions of the globe. Natural polyester yarns are used to produce more delicate yarns, especially for lightweight garments. Furthermore, the development of a broad range of applications for polyester yarns, especially in the non-woven textile industry, has augmented the overall growth in the demand for polyester yarns.
The global polyester yarns market is classified as follows:
By Type
- Filament Yarn
- Textured Yarn
- Spun Yarn
By Application
- Clothing
- Home Furnishing
- Automotive Fabrics
- Recording Tapes
- Industrial Fabrics
- Electrical Insulation
- Packaging
- Others (computers, plastic bottles, sailboats, etc.)
By Geography
- North America
- Europe
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
The following companies have been identified as key players in the polyester yarns market:
Sateri International Co. Ltd. XINDA Corp., TEIJIN FRONTIER Co. Ltd., ADVANCE, Hubei Botao Synthetic Fiber Co., Ltd., W. Barnet GmbH & Co. KG, Toray Chemical Korea, Inc., Reliance Industries Limited, Alpek, S.A.B. de C.V., Huvis Corporation, Diuou Fibre (M) Sdn Bhd., and Indorama Corporation are among other notable players.
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This report offers the following:
- An overview of the global markets for polyester yarns
- Market trends assessment for the period 2015-2025, including historical data for 2015 and projections through 2025, as well as respective CAGRs for 2017-2025.
- Qualitative assessment tools such as market drivers, challenges, future prospects, and market attractiveness
- Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
- A general overview of the industry structure
- Company profiles highlight key information about the market’s major players in polyester yarns.
