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LONDON, GREATER LONDON, UNITED KINGDOM, June 11, 2025 /EINPresswire.com/ -- What Does The Data On The Polyester Filament Yarn Market Size Indicate?
According to The Business Research Company’s Latest Report, the polyester filament yarn market is expected to grow from $58.33 billion in 2024 to $62.46 billion in 2025 at a compound annual growth rate CAGR of 7.1%. This growth has been underpinned by increasing demand for durable textiles, rising consumption of polyester in apparel, escalating urbanization patterns, rising awareness of environmental impact, and increasing adoption in automotive applications.
What Are The Market Projections For The Polyester Filament Yarn Industry?
The market size is poised for further expansion, foreseen to reach $80.88 billion in 2029 at a compound annual growth rate CAGR of 6.7%. The market's acceleration in the forecast period can be attributed to the growing demand for sustainable textiles, rising consumer preference for eco-friendly products, increasing focus on recycling polyester, expanding demand for lightweight fabrics in the automotive sector, and broadening of the textile industry in emerging markets.
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What's Driving The Growth Of The Polyester Filament Yarn Market Forward?
The expanding demand from textiles and apparel is instrumental in propelling the growth of the polyester filament yarn market. The increasing consumer preference for high-quality, durable, and innovative fabric materials, as consumers seek comfortable, stylish, long-lasting clothing that offers improved performance and sustainability, is spurring this demand. For instance, in June 2024, according to the International Trade Administration, a US-based government agency, the imports of textiles and apparel for the year-to-date period ending in April 2024 reached 30,095.1 million square meter equivalents MSME, marking a 9.5% increase compared to the same period in 2023.
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Provide A Snapshot Of The Major Players In The Polyester Filament Yarn Market.
Major companies operating in the polyester filament yarn market include Reliance Industries Limited, Hengli Petrochemical Group, Toray Industries Inc., Xin Feng Ming Group, Alpek S.A.B. de C.V., Jiangsu Sanfangxiang Group Co. Ltd., and several others. These key players contribute significantly to market development and market trends.
Are There Any Emerging Polyester Filament Yarn Market Trends?
Major companies are focusing on developing innovative products, such as recycled yarn, to enhance sustainability, reduce environmental impact, and meet the growing consumer demand for eco-friendly textile solutions. For example, in August 2024, Repreve, a US-based textile manufacturing company, launched new filament yarn and insulation material, both made from 100% recycled materials.
How Is The Polyester Filament Yarn Market Segmented?
The polyester filament yarn market is segmented in terms of type, fiber diameter, texture type, certification, and application. Subsegments include different types of Partially Oriented Yarn POY, Fully Drawn Yarn FDY, and Drawn Textured Yarn DTY. This detailed segmentation presents a comprehensive view of the market landscape.
What Are The Regional Insights Into The Polyester Filament Yarn Market?
Asia-Pacific was the largest region in the polyester filament yarn market in 2024, while North America is expected to be the fastest-growing region in the forecast period. The market report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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