The Global Man-Made Fabrics Market was valued at USD 805.5 Million in 2023 and is projected to reach USD 1200.6 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2024–2030). This robust growth is fueled by rising demand from the apparel sector, expanding applications in technical textiles for construction and automotive industries, and a significant shift towards sustainable and recycled materials.

As the global textile industry pivots towards innovation, performance, and environmental responsibility, the key manufacturers of synthetic and cellulosic fibers are at the forefront of this transformation. In this blog, we profile the Top 10 Companies in the Man-Made Fabrics Industry—a diverse group of chemical giants, specialized textile producers, and regional powerhouses shaping the future of fabrics.

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🔟 1. Far Eastern New Century

Headquarters: Taipei, Taiwan
Key Offering: Polyester Chips, Polyester Staple Fiber, Recycled Polyester (rPET)

Far Eastern New Century (FENC) is a global leader in polyester production, operating a fully integrated supply chain from purified terephthalic acid (PTA) to finished textiles. The company is a major supplier to international apparel brands and has made significant strides in sustainable textile production.

Sustainability Initiatives:

• Massive investment in rPET production capacity

• Development of bio-based polyester technologies

• Industry-leading water and energy conservation programs

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9️⃣ 2. Reliance Industries Limited

Headquarters: Mumbai, India
Key Offering: Polyester Filament Yarn (PFY), Polyester Staple Fiber (PSF), Recron® recycled polyester

Reliance Industries is one of the world’s largest integrated polyester producers, with a dominant market position in Asia. Its textiles division, Reliance Industries Limited, leverages its upstream petrochemicals strength to deliver cost-competitive and high-quality man-made fibers.

Sustainability Initiatives:

• Pioneering large-scale production of recycled polyester under the Recron brand

• Commitment to net-zero carbon emissions by 2035

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8️⃣ 3. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Nylon, Polyester, Acrylic, Carbon Fiber composites

Toray is a global technology leader in advanced materials, including high-performance synthetic fibers. Its textiles segment produces a wide range of fibers for apparel, sportswear, and industrial applications, renowned for their innovation and quality.

Sustainability Initiatives:

• Development of bio-based and biodegradable polymers

• Focus on lightweight composite materials to reduce environmental footprint in automotive and aerospace

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7️⃣ 4. Indorama Ventures Public Company Limited

Headquarters: Bangkok, Thailand
Key Offering: PET Resins, Polyester Fibers, Integrated Oxides and Derivatives

Indorama Ventures is a world-leading chemical producer with a massive global footprint in PET and polyester value chains. The company’s scale and vertical integration make it a critical supplier to the global textiles market.

Sustainability Initiatives:

• Ambitious goal to recycle 50 billion PET bottles annually by 2025

• Significant investments in mechanical and chemical recycling facilities worldwide

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6️⃣ 5. Hyosung TNC Corporation

Headquarters: Seoul, South Korea
Key Offering: Spandex (creora®), Nylon (Air-Skin™), Polyester

Hyosung TNC is a global powerhouse in specialty fibers, particularly known as the world’s largest producer of spandex under its creora® brand. The company is a key innovator in high-performance textiles for activewear and fashion.

Sustainability Initiatives:

• Launch of creora® eco-soft, a recycled spandex

• Development of bio-based spandex technologies

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5️⃣ 6. Weiqiao Textile Company Limited

Headquarters: Binzhou, China
Key Offering: Cotton Yarn, Grey Fabric, Denim, Polyester-Cotton Blended Fabrics

As one of the world’s largest cotton textile producers, Weiqiao Textile has a significant presence in blended fabrics that combine cotton with synthetic fibers like polyester. The company’s massive production capacity serves global apparel and home textile markets.

Sustainability Initiatives:

• Implementation of energy-saving technologies in manufacturing

• Investment in wastewater treatment and recycling systems

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4️⃣ 7. Alpek S.A.B. de C.V.

Headquarters: San Pedro Garza García, Mexico
Key Offering: PTA, PET Resins, Polyester Staple Fiber

Alpek is a leading producer of PTA (Purified Terephthalic Acid) and PET in the Americas. Its integrated operations allow it to supply polyester fibers and resins to a vast regional market, with growing export capabilities.

Sustainability Initiatives:

• Expansion of PET recycling operations through its DAK Americas subsidiary

• Focus on circular economy models for plastics and textiles

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3️⃣ 8. Zhejiang Hengyi Group Co., Ltd.

Headquarters: Hangzhou, China
Key Offering: PTA, Polyester Chips, Polyester Filament Yarn

Hengyi Group is a major Chinese player with significant production capacity for PTA and polyester products. The company has a strong presence in Southeast Asia through its investments and serves a broad international customer base.

Sustainability Initiatives:

• Adoption of advanced, energy-efficient production technologies

• Research into green chemical processes for fiber production

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2️⃣ 9. Lenzing AG

Headquarters: Lenzing, Austria
Key Offering: Viscose, Modal, Lyocell (TENCEL™), Refibra™

Lenzing is a global leader in specialty cellulosic fibers, which are man-made from sustainably sourced wood. Its TENCEL™ branded lyocell fibers are renowned for their environmental credentials and performance in textiles.

Sustainability Initiatives:

• Pioneer in closed-loop lyocell production with minimal environmental impact

• Refibra™ technology, creating lyocell fibers from recycled cotton waste

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1️⃣ 10. Teijin Limited

Headquarters: Tokyo, Japan
Key Offering: Aramid Fibers (Twaron®), Carbon Fibers, Polyester Films, PLASTIC ONE polyester fabric

Teijin is a technology-driven company specializing in high-performance materials. Its advanced fibers are used in demanding applications ranging from protective clothing and composites to eco-friendly textiles.

Sustainability Initiatives:

• Development of bio-derived and recyclable polyester products

• Initiatives for closed-loop recycling of materials

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🌍 Outlook: The Future of Man-Made Fabrics Is Sustainable and High-Tech

The man-made fabrics market is undergoing a profound transformation. While traditional polyester and nylon continue to dominate by volume, the industry is rapidly innovating with bio-based alternatives, recycled content, and smart textile technologies that offer enhanced functionality and a reduced environmental footprint.

📈 Key Trends Shaping the Market:

• Accelerated adoption of recycled polyester (rPET) driven by brand sustainability commitments

• Growth in demand for technical textiles in automotive, construction, and medical applications

• Rising consumer preference for high-performance activewear and functional apparel

• Increased regulatory pressure and industry collaborations for circular economy models

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Man-Made Fabrics Market – View in Detailed Research Report

The companies profiled above are not just supplying fibers; they are fundamentally reweaving the fabric of the global textile industry—creating materials that are smarter, stronger, and more sustainable for the future.