The Global Polyester Fabric Market was valued at USD 105.3 Billion in 2024 and is projected to reach USD 156.8 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2024-2032). This expansion is propelled by increasing demand from apparel manufacturers, home furnishing sectors, and industrial applications, along with technological breakthroughs in recycled polyester production.

As sustainability becomes paramount in textile manufacturing, polyester maintains its dominance due to superior durability, cost efficiency, and adaptability. This analysis examines the Top 10 Companies in the Polyester Fabric Industry—innovators setting benchmarks in synthetic textile production and circular economy solutions.

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🔟 1. Indorama Ventures

Headquarters: Bangkok, Thailand
Key Offering: Recycled polyester fibers, PET resin solutions

Indorama Ventures has emerged as the global leader in polyester production through strategic acquisitions and vertical integration, commanding significant market share in recycled PET materials.

Sustainability Milestones:

• World’s largest PET recycler with 2.1 million tons annual capacity
• 35% production from recycled content
• Strategic partnerships with beverage brands for bottle-to-fiber initiatives

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9️⃣ 2. Reliance Industries Limited

Headquarters: Mumbai, India
Key Offering: Virgin polyester fibers, technical textiles

Reliance dominates the Indian subcontinent with 2.4 million tons of annual polyester production capacity through its RECRON brand, serving diverse industries from fashion to automotive.

Market Dominance:

• Controls 28% of India’s polyester market
• Exports to 54 countries worldwide
• $1.2 billion invested in capacity expansion (2023-2025)

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8️⃣ 3. Toray Industries

Headquarters: Tokyo, Japan
Key Offering: High-performance technical fabrics

Toray leads in advanced polyester applications with proprietary technologies for sportswear, aerospace, and medical applications, holding over 350 material patents.

Innovation Leadership:

• Exclusive supplier to Olympic sportswear brands
• 35% revenue from R&D-driven products
• Pioneer in bio-based polyester technologies

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7️⃣ 4. Far Eastern New Century Corporation

Headquarters: Taipei, Taiwan
Key Offering: rPET fabrics, functional textiles

This Taiwanese conglomerate operates one of the most advanced textile recycling infrastructures globally, converting over 8 billion plastic bottles annually into fabrics.

Circular Economy Focus:

• 45% carbon reduction in production since 2018
• Closed-loop water recycling systems
• Global sustainability certifications across product lines

Download FREE Sample Report: Polyester Fabric Market – View in Detailed Research Report

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6️⃣ 5. Hyosung Corporation

Headquarters: Seoul, South Korea
Key Offering: Specialty stretch fabrics

Hyosung’s Creora spandex-polyester blends power 32% of global stretch fabrics, with proprietary technologies enabling superior elasticity and shape retention.

Technical Advancements:

• 180% market growth in performance activewear segment
• 48 global production facilities
• First MOV Color System for dye-free coloration

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5️⃣ 6. Weiqiao Textile Company

Headquarters: Binzhou, China
Key Offering: Cost-effective polyester blends

As China’s largest textile producer, Weiqiao supplies 22% of domestic polyester demand through fully integrated manufacturing from fiber to finished fabric.

Scale Advantages:

• 1.8 million spindle production capacity
• $780 million annual R&D investment
• 18% market share in Asian textile exports

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4️⃣ 7. Texhong Textile Group

Headquarters: Shanghai, China
Key Offering: Core-spun yarns, knitted fabrics

Texhong specializes in premium polyester-cotton blends for global apparel brands, operating advanced smart factories across multiple Asian countries.

Operational Excellence:

• 620,000 tons annual yarn production
• Automated 4.0 production systems
• 25% reduction in energy consumption (2020-2024)

Download FREE Sample Report: Polyester Fabric Market – View in Detailed Research Report

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3️⃣ 8. Formosa Taffeta Co. Ltd.

Headquarters: Taipei, Taiwan
Key Offering: Functional outdoor textiles

Formosa leads in weatherproof polyester fabrics, supplying technical materials for over 200 outdoor apparel brands worldwide.

Product Innovation:

• Patented Hydronaute waterproof membrane
• UV-SHIELD technology with 98% protection
• 20% annual growth in performance wear segment

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2️⃣ 9. Luthai Textile Co.

Headquarters: Zibo, China
Key Offering: Premium shirting fabrics

Luthai sets global standards for high-end polyester-cotton blends, supplying luxury fashion houses with OEKO-TEX certified textiles.

Quality Leadership:

• 200+ proprietary fabric finishes
• Zero defect production guarantee
• 40% revenue from European luxury brands

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1️⃣ 10. Chinatex Corporation

Headquarters: Beijing, China
Key Offering: Industrial technical textiles

Chinatex specializes in heavy-duty polyester fabrics for automotive, filtration, and construction applications through its advanced industrial division.

Technical Textile Expertise:

• Primary supplier to Chinese auto manufacturers
• Military-grade fabric certifications
• High-tenacity polyester yarn production

Get Full Report Here: Polyester Fabric Market – View in Detailed Research Report

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🌍 Market Outlook: Sustainable Innovation Reshaping Textiles

The polyester fabric industry is undergoing a paradigm shift as environmental concerns drive massive investments in circular production and bio-based alternatives while maintaining traditional market strengths.

📈 Transformational Industry Trends:

• Accelerated adoption of chemical recycling technologies
• 65% growth forecast in recycled polyester demand (2024-2030)
• Digital textile printing capturing 18% market share
• Smart fabrics integrating IoT functionalities
• Global polyester fiber production expected to reach 82 million tons by 2026

Get Full Report Here: Polyester Fabric Market – View in Detailed Research Report

These industry leaders are not just manufacturing fabrics—they’re engineering the future of sustainable textiles through material science breakthroughs and responsible production.