Top 10 Companies in the Staple Spun Polyester (SSP) Threads Market (2026): Market Leaders Powering Global Textile Innovation

MARKET INSIGHTS

Global Staple Spun Polyester (SSP) Threads market size reached USD 7.21 billion in 2024. The sector is projected to expand from USD 7.54 billion in 2025 to USD 10.83 billion by 2032, delivering a CAGR of 4.7 % over the forecast horizon.

SSP threads are composed of 100 % polyester staple fibers, offering high tensile strength, elasticity, abrasion resistance and chemical stability. Their durability and cost‑effectiveness make them the preferred choice for apparel, knitwear and technical textiles. While conventional applications remain dominant, the growing share of recycled polyester threads reflects a broader shift toward sustainability.

Demand is driven primarily by expanding textile industries in Asia‑Pacific, where apparel production remains robust. However, volatile raw‑material prices present a challenge. Leading players such as COATS and Simtex Industries are actively investing in eco‑friendly alternatives to meet regulatory demands and consumer expectations for greener textiles.

Staple Spun Polyester (SSP) Threads Market – View in Detailed Research Report

Market size in 2025 is estimated at USD 7.54 billion, with a projected value of USD 10.83 billion by 2032.

SSP threads consist of 100 % polyester staple fibers, known for their high tensile strength, elasticity, abrasion resistance and chemical stability. These characteristics make them indispensable in textile manufacturing, providing durability and cost‑effectiveness across a wide range of applications. Innovations in recycled polyester threads are gaining traction as sustainability becomes a priority.

Top 10 Companies in the SSP Threads Market (2026)

1. COATS

   Headquarters: London, United Kingdom
   Key Offering: Full‑range SSP threads, including high‑strength, colour‑fast, recycled and specialty variants

   COATS leverages its extensive product portfolio and global distribution network to supply the apparel, automotive and technical textile sectors. The company’s recent launch of COATS EcoVerde, a 100 % recycled thread with a 50 % lower carbon footprint, underscores its commitment to sustainability.

   Sustainability and Growth Initiatives:

   • Investment in COATS EcoVerde and other recycled thread lines
   • Partnerships with leading fashion brands to embed circularity in supply chains
   • Expansion of manufacturing capacity in Asia‑Pacific to meet rising demand

2. Manila Bay Thread Corporation

   Headquarters: Manila, Philippines
   Key Offering: Cost‑effective SSP threads for apparel and industrial use

   Manila Bay Thread remains a key supplier in the Philippines, capitalising on local polyester production to offer competitive pricing. The company is investing in automated spinning to reduce labor intensity and improve quality consistency.

   Sustainability and Growth Initiatives:

   • Adoption of energy‑efficient spinning technologies
   • Exploration of recycled polyester blends to meet regional sustainability mandates
   • Strategic partnerships with textile mills to secure long‑term supply contracts

3. Simtex Industries Limited

   Headquarters: Mumbai, India
   Key Offering: High‑performance SSP threads for apparel and technical textiles

   Simtex has positioned itself as a leader in India’s fast‑fashion market by delivering threads that combine strength with colour‑fastness. The company’s recent R&D focus on bio‑based polyester threads aligns with domestic sustainability goals.

   Sustainability and Growth Initiatives:

   • Development of bio‑based polyester prototypes from agricultural waste
   • Collaboration with Indian textile mills to pilot recycled thread blends
   • Expansion of production capacity in the western India region

4. Ascent Yarns

   Headquarters: Chicago, United States
   Key Offering: Premium SSP threads for high‑end apparel and industrial applications

   Ascent Yarns differentiates itself through a focus on premium quality and technical performance. The company’s recent launch of a flame‑retardant SSP thread targets the growing automotive interior market.

   Sustainability and Growth Initiatives:

   • Launch of a recycled thread line for high‑end fashion brands
   • Investments in advanced spinning technology to reduce waste
   • Strategic alliances with North American apparel manufacturers

5. Modi Threads

   Headquarters: Mumbai, India
   Key Offering: Medium‑grade SSP threads for bulk apparel production

   Modi Threads serves a broad customer base across India and neighboring markets. The company is modernising its older spinning frames to meet the demand for finer threads.

   Sustainability and Growth Initiatives:

   • Upgrade of spinning frames to enable production of threads below 40 Ne count
   • Implementation of water‑recycling systems in production plants
   • Collaboration with textile mills to adopt recycled polyester blends

6. Lipaco

   Headquarters: Ho Chi Minh City, Vietnam
   Key Offering: SSP threads for apparel and industrial uses

   Lipaco has grown its market share by focusing on cost‑effective production and a strong local distribution network. The company is exploring the integration of recycled polyester into its product mix.

   Sustainability and Growth Initiatives:

   • Investment in energy‑efficient machinery
   • Development of recycled polyester threads for local brands
   • Participation in Vietnam’s textile sustainability program

7. Doeast

   Headquarters: Shanghai, China
   Key Offering: Medium‑strength SSP threads for apparel and industrial applications

   Doeast supplies a wide range of threads to China’s vibrant apparel industry. The company is upgrading its production lines to meet the increasing demand for high‑quality, low‑waste threads.

   Sustainability and Growth Initiatives:

   • Adoption of low‑energy spinning technologies
   • Pilot projects using recycled polyester fibers
   • Expansion of production capacity in the eastern China region

8. NanTong Virtue Textile

   Headquarters: Guangzhou, China
   Key Offering: SSP threads for apparel and technical textiles

   NanTong Virtue has positioned itself as a key supplier for the Chinese market, leveraging local polyester production. The company is investing in advanced quality‑control systems to reduce defects and improve consistency.

   Sustainability and Growth Initiatives:

   • Implementation of automated quality‑control software
   • Collaboration with local recyclers to source rPET fibers
   • Expansion of production lines for high‑strength threads

9. GZHengxin Zhixian

   Headquarters: Shenzhen, China
   Key Offering: SSP threads for apparel and industrial uses

   GZHengxin Zhixian focuses on cost‑efficient production and rapid delivery to meet the needs of fast‑fashion brands. The company is exploring the use of recycled polyester to align with global sustainability trends.

   Sustainability and Growth Initiatives:

   • Investment in energy‑saving machinery
   • Partnerships with recycling facilities to secure rPET supply
   • Expansion of production capacity in the southern China region

10. Liketex

    Headquarters: Shanghai, China
    Key Offering: SSP threads for apparel and technical textiles

    Liketex has built a strong presence in the Chinese market by offering high‑quality threads at competitive prices. The company is actively developing recycled and bio‑based polyester threads to meet evolving consumer demands.

    Sustainability and Growth Initiatives:

    • Development of recycled polyester thread lines
    • Implementation of waste‑reduction protocols in production
    • Collaboration with apparel manufacturers to pilot bio‑based threads

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Outlook: The Future of SSP Threads

The SSP thread market is moving toward higher technical performance and lower environmental impact. The convergence of fast‑fashion demand, stricter sustainability regulations and advances in recycled and bio‑based materials is reshaping the competitive landscape. Companies that can deliver high‑quality threads while managing raw‑material volatility and meeting sustainability targets will secure a durable market position.

Future Trends

• Rapid expansion of recycled polyester threads, driven by circular‑economy mandates in the EU and emerging markets.
• Adoption of bio‑based polyester from renewable feedstocks, offering an alternative to petroleum‑derived production.
• Growth of technical textile applications, such as medical, automotive and smart‑wear, requiring specialised SSP threads with enhanced properties.
• Increasing focus on supply‑chain transparency and traceability, supported by digital platforms and certification schemes.
• Continued pressure on raw‑material prices, pushing manufacturers to optimise production efficiency and diversify sourcing strategies.