The Global Clean Polyester Market is projected to reach a value of US$ 48.75 Billion by 2028, growing from an estimated US$ 37.12 Billion in 2023, at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2023–2028). This significant growth is fueled by rising consumer demand for sustainable textiles, stringent environmental regulations, and rapid advancements in recycling technologies and bio-based raw materials.

As the global push for a circular economy accelerates, the textile and packaging industries are increasingly adopting clean polyester solutions to reduce their environmental footprint. In this blog, we profile the Top 10 Companies in the Clean Polyester Industry—a dynamic group of chemical giants, material innovators, and sustainability leaders shaping the future of eco-friendly polymers.

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2023-2028 Global and Regional Clean Polyester Industry Status and Prospects Professional Market – View in Detailed Research Report

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🔟 1. Indorama Ventures Public Company Limited

Headquarters: Bangkok, Thailand
Key Offering: Recycled PET (rPET), Bio-PET, Virgin Polyester

Indorama Ventures is the world’s largest producer of PET resins and a leading integrated PET value chain player. The company is making substantial investments in recycling infrastructure and technologies to meet the growing demand for sustainable packaging and textiles.

Sustainability Initiatives:

• Committed to spending $1.5 billion on sustainability projects by 2025

• Aiming to recycle 50 billion PET bottles annually by 2025

• Expanding rPET production capacity across the U.S., Europe, and Asia

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9️⃣ 2. Reliance Industries Limited

Headquarters: Mumbai, Maharashtra, India
Key Offering: RECRON GreenGold (rPET), Bio-PTA, Virgin Polyester

Reliance Industries is a dominant force in the global polyester value chain, with a strong focus on creating circular economy solutions. Its RECRON GreenGold brand offers high-quality recycled polyester staple fiber for the textile industry.

Sustainability Initiatives:

• Pioneering chemical recycling of polyester waste

• Targeting carbon neutrality by 2035

• Developing bio-based PTA (Purified Terephthalic Acid) for greener polyester

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8️⃣ 3. Far Eastern New Century Corporation (FENC)

Headquarters: Taipei, Taiwan
Key Offering: FENC® TopGreen® rPET, Bio-based PET, Polyester Yarns

FENC is a global leader in sustainable polyester solutions, renowned for its TopGreen® range of recycled and bio-based polymers. The company operates a fully integrated vertical supply chain from raw materials to finished textiles.

Sustainability Initiatives:

• Advanced chemical recycling technology for textile-to-textile recycling

• Partnerships with major global brands for closed-loop systems

• Investment in ocean-bound plastic recycling projects

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7️⃣ 4. Alpek Polyester

Headquarters: San Pedro Garza García, Mexico
Key Offering: DAK Americas rPET, PET Resins, PTA

Alpek, through its subsidiary DAK Americas, is a leading producer of PET and rPET in the Americas. The company is aggressively expanding its recycling capabilities to serve the packaging and fiber markets with sustainable solutions.

Sustainability Initiatives:

• Operating one of the largest PET recycling facilities in the world

• Developing novel recycling technologies to handle colored and complex PET waste

• Committed to increasing the recycled content in its products

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2023-2028 Global and Regional Clean Polyester Industry Status and Prospects Professional Market – View in Detailed Research Report

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6️⃣ 5. Zhejiang Hengyi Group Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: PET Chips, rPET, Polyester Filament Yarn

Hengyi Group is a major Chinese petrochemical enterprise with a significant footprint in the polyester sector. The company is investing in recycling technologies to produce high-quality rPET for both domestic and international markets.

Sustainability Initiatives:

• Expanding rPET production capacity to meet China’s dual-carbon goals

• Integrating renewable energy sources into manufacturing processes

• Collaborating with brand owners on sustainable sourcing initiatives

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5️⃣ 6. TORAY Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: ECOUSE™ (rPET), Bio-based PET, High-Performance Polyester Films

TORAY is a global technology leader in advanced materials, including sophisticated polyester films and fibers. Its ECOUSE™ brand represents its commitment to circular economy principles through the use of recycled materials.

Sustainability Initiatives:

• Developing chemical recycling technologies for multilayer and complex polyester products

• Aiming for carbon neutrality by 2050

• Creating high-value applications for rPET in electronics and automotive sectors

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4️⃣ 7. Teijin Limited

Headquarters: Osaka, Japan
Key Offering: ECO CIRCLE® rPET, Bio-front® (Bio-based PET), Aramid Fibers

Teijin is a pioneer in chemical recycling with its proprietary ECO CIRCLE® closed-loop system. This technology allows for the infinite recycling of polyester textiles without quality degradation.

Sustainability Initiatives:

• World’s first successful commercialization of bio-based PET fiber (Bio-front®)

• Expanding ECO CIRCLE® recycling network globally

• Committed to reducing greenhouse gas emissions by 30% by 2030

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3️⃣ 8. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Ultramid® Ccycled (Chemically Recycled Polyamide), Bio-based Polyesters, Additives for Recycling

While BASF is renowned for its broad chemical portfolio, it is a key enabler for the clean polyester industry through its ChemCycling™ project and additives that improve the recyclability and performance of polyester materials.

Sustainability Initiatives:

• Pioneering chemical recycling of plastic waste through its ChemCycling™ project

• Developing additives that enhance the properties of rPET

• Targeting CO2-neutral growth until 2030

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2️⃣ 9. Loop Industries, Inc.

Headquarters: Terrebonne, Quebec, Canada
Key Offering: Loop™ rPET Resin, Depolymerization Technology

Loop Industries is a technology innovator focused on revolutionizing plastic recycling. Its proprietary depolymerization technology breaks down waste polyester into its base monomers, which can be repolymerized into virgin-quality PET.

Sustainability Initiatives:

• Technology can process a wide variety of polyester waste, including colored and opaque materials

• Strategic partnerships with global brands like L’Oréal and PepsiCo

• Enabling infinite recycling without downcycling

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1️⃣ 10. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Eastman Renew polymers, Molecular Recycling Technologies, rPET

Eastman is at the forefront of advanced recycling with its molecular recycling technologies, which can break down complex plastic waste, including polyester, back to their molecular building blocks for creating new, high-quality materials.

Sustainability Initiatives:

• Investing up to $1 billion in a molecular recycling facility in France

• Aiming to recycle more than 500 million pounds of plastic waste annually by 2030

• Carbon neutrality goals aligned with a 1.5°C climate scenario

Read Full Report:
2023-2028 Global and Regional Clean Polyester Industry Status and Prospects Professional Market – View in Detailed Research Report

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🌍 Outlook: The Future of Clean Polyester Is Circular and Innovative

The clean polyester market is undergoing a profound transformation. While traditional, virgin polyester still holds a significant market share, the industry is rapidly pivoting towards circular economy models, advanced recycling technologies, and bio-based alternatives.

📈 Key Trends Shaping the Market:

• Exponential growth in mechanical and chemical recycling capacities globally

• Strong regulatory push for recycled content mandates in packaging and textiles

• Increased collaboration between brand owners, recyclers, and chemical companies

• Technological advancements enabling recycling of complex and colored polyester waste

• Growing consumer awareness and demand for sustainable products

The companies listed above are not only supplying materials for today’s economy—they are engineering the sustainable foundation for tomorrow’s circular world.

Read Full Report:
2023-2028 Global and Regional Clean Polyester Industry Status and Prospects Professional Market – View in Detailed Research Report