The Global Synthetic Yarns Market was valued at USD 76.28 Billion in 2024 and is projected to reach USD 102.15 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2024–2030). This robust expansion is fueled by rising demand from the apparel and textile industries, the versatility of synthetic fibers in technical applications, and a growing focus on Sustainable and Recycled Yarns to meet evolving environmental regulations and consumer preferences.

As the textile sector pivots towards performance-driven and eco-conscious materials, a select group of global corporations is leading the charge. These companies are not only supplying the foundational materials for countless products but are also pioneering innovations in bio-based polymers and circular economy models. In this blog, we profile the Top 10 Companies in the Synthetic Yarns Industry—a diverse mix of chemical giants, integrated textile manufacturers, and specialty fiber producers shaping the fabric of modern industry.

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🔟 1. Indorama Ventures Public Company Limited

Headquarters: Bangkok, Thailand
Key Offering: Polyester Yarn, Recycled PET (rPET) Yarn

Indorama Ventures is the world’s largest producer of PET and a leading integrated PET chain player, with a massive global footprint in synthetic yarns. Their extensive portfolio includes a wide range of polyester staple fibers and filaments used in apparel, home textiles, and technical textiles.

Sustainability Initiatives:

• Committed to investing US$1.5 billion in sustainability projects by 2025

• Aiming to recycle 50 billion PET bottles annually and increase recycled content in products

• Global leader in rPET production for textiles

Download FREE Sample Report: Synthetic Yarns Market – View in Detailed Research Report

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9️⃣ 2. Reliance Industries Limited

Headquarters: Mumbai, India
Key Offering: RECRON® Polyester Staple Fiber, Polyester Filament Yarn

Through its textiles arm, Reliance is a dominant force in the global synthetic yarn market. Its RECRON brand is one of the largest polyester staple fiber brands worldwide, catering to spinning, nonwovens, and filling applications.

Sustainability Initiatives:

• Pioneering circular economy with R|Elan™ fabrics made from recycled PET

• Investment in bio-based routes for polyester intermediates

• Focus on water and energy efficiency across manufacturing operations

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8️⃣ 3. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Specialty Nylon Yarns, Polyester Yarns, Carbon Fiber Precursors

Toray is a global leader in advanced materials, with a sophisticated range of synthetic yarns for high-performance applications. Its products are critical in sectors like aerospace (carbon fiber), sportswear, and automotive textiles.

Sustainability Initiatives:

• Development of bio-based and recycled nylon (Ecodear®)

• Commitment to carbon neutrality by 2050

• Advanced recycling technologies for plastic waste

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7️⃣ 4. Teijin Limited

Headquarters: Tokyo, Japan
Key Offering: Aramid Fibers (Twaron®, Technora®), Polyester Yarns, Carbon Fibers

Teijin is renowned for its high-performance fibers, particularly aramids, which offer exceptional strength and heat resistance. The company also produces a variety of polyester yarns and is a major player in the carbon fiber composites market.

Sustainability Initiatives:

• Promoting closed-loop recycling for polyester

• Developing eco-friendly production processes to reduce environmental impact

• Initiatives for sustainable sourcing of raw materials

Download FREE Sample Report: Synthetic Yarns Market – View in Detailed Research Report

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6️⃣ 5. Alpek S.A.B. de C.V.

Headquarters: San Pedro Garza García, Mexico
Key Offering: PET Resins, Polyester Staple Fiber (PSF)

Alpek is one of the world’s leading producers of PTA and PET, and a major manufacturer of polyester staple fiber. Its large-scale integrated operations serve the Americas and other global markets with fibers for textiles, nonwovens, and filling.

Sustainability Initiatives:

• Increasing production capacity for rPET and recycled PSF

• Focus on diverting plastic waste from landfills through recycling ventures

• Corporate sustainability targets aligned with circular economy principles

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5️⃣ 6. Mitsubishi Chemical Group Corporation

Headquarters: Tokyo, Japan
Key Offering: Acrylic Staple Fiber, Polyester Yarns, Carbon Fiber

The Mitsubishi Chemical Group boasts a diverse portfolio of synthetic yarns, including a leading position in acrylic fibers for apparel and home furnishings. The company also produces advanced materials like carbon fiber for high-tech applications.

Sustainability Initiatives:

• Development of biomass-derived and recycled acrylic fibers

• Group-wide commitment to achieving carbon neutrality by 2050

• Initiatives to promote the circular economy for plastics and fibers

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4️⃣ 7. China National Chemical Corporation (ChemChina)

Headquarters: Beijing, China
Key Offering: Nylon Industrial Yarns, Polyester Yarns, Acrylic Fibers

As a state-owned enterprise, ChemChina is a colossal player in the global chemical and fiber industry. Its subsidiary, Bluestar, is a significant producer of synthetic yarns, including high-strength nylon for tires and industrial applications.

Sustainability Initiatives:

• Investment in green manufacturing technologies

• Research into bio-based alternatives for conventional fibers

• Efforts to reduce emissions and water usage in production

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3️⃣ 8. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Nylon 6,6 Yarns (Sorona®), Specialty Aramids (Kevlar®, Nomex®)

DuPont is synonymous with innovation in high-performance polymers. Its synthetic yarns, particularly the aramid fibers Kevlar and Nomex, are industry standards for protective apparel, while Sorona® offers a partially bio-based alternative for apparel carpets.

Sustainability Initiatives:

• Sorona® polymer is 37% annually renewable plant-based ingredients

• Commitment to sustainable innovation and circular economy goals

• Partnerships to advance recycling technologies for complex materials

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2️⃣ 9. Huvis Corporation

Headquarters: Seoul, South Korea
Key Offering: Polyester Staple Fiber, Nylon Yarn, Eco-friendly Recycled Yarns

Huvis is a leading South Korean manufacturer of synthetic fibers, with a strong focus on polyester and nylon. The company is actively expanding its portfolio of recycled and functional yarns to meet the demands of sustainable fashion and technical textiles.

Sustainability Initiatives:

• Significant investment in recycled polyester production from post-consumer PET bottles

• Development of low-carbon footprint manufacturing processes

• Active participation in global sustainability certification programs

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1️⃣ 10. Zhejiang Hengyi Group Co., Ltd.

Headquarters: Hangzhou, China
Key Offering: Polyester Filament Yarn (PFY), Polyester Staple Fiber (PSF)

Hengyi Group is a major Chinese petrochemical and textile giant with a massive output of polyester yarns. The company has a vertically integrated supply chain, from PTA production to yarn manufacturing, giving it a significant cost and scale advantage.

Sustainability Initiatives:

• Increasing capacity for recycled polyester yarns

• Implementation of energy-efficient technologies in new production lines

• Focus on meeting international environmental and social governance standards

Get Full Report Here: Synthetic Yarns Market – View in Detailed Research Report

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🌍 Outlook: The Future of Synthetic Yarns is Sustainable and Smart

The synthetic yarns market is at a pivotal juncture, transitioning from volume-driven growth to value-driven innovation. While conventional polyester and nylon continue to dominate, the industry is rapidly embracing bio-based feedstocks, advanced recycling, and smart textile functionalities.

📈 Key Trends Shaping the Market:

• Exponential growth in demand for recycled polyester (rPET) yarns from brands and consumers

• Development of biodegradable and bio-based synthetic yarns to reduce plastic pollution

• Integration of digital technologies for traceability and supply chain transparency

• Rising demand for high-performance and multi-functional yarns in technical textiles

Get Full Report Here: Synthetic Yarns Market – View in Detailed Research Report

The top 10 companies profiled are not just supplying yarns; they are fundamentally reweaving the material foundation of the global textile industry for a more sustainable and innovative future.