Top 10 Companies in the Partially Oriented Yarn (POY) Market (2025): Key Players Shaping the Future of Synthetic Fibers

In Business Insights
November 24, 2025


The Global Partially Oriented Yarn (POY) Market was valued at USD 33.4 Billion in 2021 and is projected to reach USD 49.16 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2022–2028). This robust growth is primarily driven by the escalating demand for synthetic fibers from the textile and packaging industries, rapid industrialization in emerging economies, and continuous advancements in polymer technologies.

As the backbone of the synthetic fiber value chain, POY serves as the crucial intermediate product for producing textured yarns used in a vast array of applications. In this blog, we profile the Top 10 Companies in the Partially Oriented Yarn (POY) Industry—a group of global chemical conglomerates and specialized manufacturers who are driving capacity expansion, innovation, and sustainability in this dynamic market.

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🔟 1. Tongkun Group Co., Ltd.

Headquarters: Tongxiang, Zhejiang, China
Key Offering: Polyester POY, Nylon POY

Tongkun Group is one of the world’s largest producers of polyester and nylon products, with a massive production capacity for POY. The company operates state-of-the-art manufacturing facilities and maintains a fully integrated supply chain from PTA and MEG to finished yarns.

Strategic Initiatives:

  • Continuous capacity expansion in China and Southeast Asia

  • Investment in high-value-added differentiated POY products

  • Focus on energy efficiency and emission reduction technologies


9️⃣ 2. Reliance Industries Limited

Headquarters: Mumbai, Maharashtra, India
Key Offering: Polyester POY (Recron)

Reliance Industries is a global leader in the polyester value chain through its brand Recron. Its vertically integrated operations, from petroleum refining to fiber production, give it a significant competitive advantage in cost and scale.

Strategic Initiatives:

  • Largest polyester producer in India with global reach

  • Strong R&D focus on specialty and recycled polyester POY

Download FREE Sample Report:
Partially Oriented Yarn (POY) Market – View in Detailed Research Report


8️⃣ 3. Zhejiang Hengyi Group Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Polyester POY, Nylon POY

Hengyi Group is a major player in the chemical fiber industry with significant investments in petrochemicals and textiles. The company has a strong international presence, particularly in Southeast Asia, with large-scale production bases.

Strategic Initiatives:

  • Aggressive overseas expansion, including a major refinery and petrochemical complex in Brunei

  • Diversification into high-tenacity and fine-denier POY products


7️⃣ 4. Shenghong Holding Group Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: Polyester POY, Nylon POY, Spandex

Shenghong Holding Group is a leading textile and chemical enterprise with a comprehensive product portfolio. The company is known for its technological innovation and large-scale, efficient production facilities for POY.

Strategic Initiatives:

  • Integration across the entire industrial chain from crude oil to finished textiles

  • Emphasis on green manufacturing and sustainable production processes


6️⃣ 5. Xin Feng Ming Group

Headquarters: Tongxiang, Zhejiang, China
Key Offering: Polyester POY, FDY, DTY

Xin Feng Ming Group specializes in the production of polyester filaments and is a key supplier in the global market. The company focuses on producing high-quality POY that meets the stringent requirements of downstream textile manufacturers.

Strategic Initiatives:

  • Specialization in premium-grade polyester yarns

  • Strategic partnerships with international textile brands


5️⃣ 6. Billion Industrial Holdings Ltd.

Headquarters: Fujian, China
Key Offering: Polyester POY, Nylon POY

Billion Industrial is a significant manufacturer of chemical fibers with a strong foothold in the Asian market. The company is recognized for its consistent product quality and reliable supply chain for both polyester and nylon POY.

Strategic Initiatives:

  • Expansion of production capacity for differentiated fibers

  • Investment in automation to enhance production efficiency

Download FREE Sample Report:
Partially Oriented Yarn (POY) Market – View in Detailed Research Report


4️⃣ 7. Jiangsu Sanfangxiang Group Co., Ltd.

Headquarters: Zhangjiagang, Jiangsu, China
Key Offering: Polyester POY, Air-Textured Yarn (ATY)

Jiangsu Sanfangxiang Group is a veteran in the chemical fiber industry, with a history spanning several decades. The company has evolved into a diversified group with a strong focus on innovation and quality in its POY production.

Strategic Initiatives:

  • Pioneering development of functional and eco-friendly fibers

  • Strong export orientation with a global customer base


3️⃣ 8. Rongsheng PetroChemical Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: PTA, Polyester POY, Polyester Chips

As a subsidiary of the giant Rongsheng Group, this company is a key player in the petrochemical and polyester sectors. Its vertically integrated model ensures a stable supply of raw materials for its large-scale POY production.

Strategic Initiatives:

  • One of the world’s largest PTA producers, ensuring backward integration

  • Focus on scaling up production to meet growing domestic and international demand


2️⃣ 9. SASA Polyester Sanayi A.S.

Headquarters: Adana, Turkey
Key Offering: Polyester POY, FDY, DTY, Staple Fiber

SASA is a major force in the European, Middle Eastern, and African (EMEA) polyester markets. It is one of the largest polyester producers in the region and a critical supplier of POY to the downstream textile industry.

Strategic Initiatives:

  • Strategic geographic location serving EMEA markets

  • Significant investments in capacity expansion and technology upgrades


1️⃣ 10. Far Eastern New Century Corporation (FENC)

Headquarters: Taipei, Taiwan
Key Offering: Polyester POY, Recycled PET (rPET) POY

Far Eastern New Century is a global textile and petrochemical giant with a strong emphasis on sustainability. The company is a leader in producing recycled polyester POY, catering to the growing demand for eco-friendly textiles.

Strategic Initiatives:

  • Global leader in recycled polyester technologies

  • Strong vertical integration from raw materials to branded apparel

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Partially Oriented Yarn (POY) Market – View in Detailed Research Report


🌍 Outlook: Innovation and Sustainability Define the Future of POY

The Partially Oriented Yarn market is at a pivotal point, balancing massive scale with the urgent need for sustainable practices. While conventional polyester and nylon POY dominate current production, the industry is rapidly pivoting towards recycled content, bio-based alternatives, and advanced functional yarns.

📈 Key Trends Shaping the Market:

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

  • Capacity expansion shifting towards Southeast Asia and other emerging regions

  • Development of specialty POY with properties like antimicrobial, UV resistance, and high strength

  • Integration of Industry 4.0 technologies for smarter, more efficient manufacturing

Get Full Report Here:
Partially Oriented Yarn (POY) Market – View in Detailed Research Report

The companies listed above are not only supplying the essential building blocks for the global textile industry—they are actively shaping a more innovative and sustainable future for synthetic fibers.