The Global Elastic Polyester Fibers Market was valued at USD 3.7 Billion in 2025 and is projected to reach USD 6.2 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period (2025–2032). This robust growth is propelled by the surging demand for high-performance activewear, the expansion of home furnishing applications, and accelerating innovation in sustainable fiber technologies.

As the textile industry pivots towards materials that offer superior comfort, durability, and environmental credentials, the focus sharpens on the key manufacturers driving advancements in polymer science and fiber engineering. In this blog, we profile the Top 10 Companies in the Elastic Polyester Fibers Industry—a collection of chemical fiber giants and specialized producers shaping the future of stretchable textiles worldwide.

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🔟 1. ShengHong Group

Headquarters: Suzhou, Jiangsu, China
Key Offering: PTT Fiber, PBT Elastic Fibers, Composite Stretch Yarns

ShengHong Group is a leading force in China’s chemical fiber sector, with a comprehensive portfolio of elastic polyester products. The company’s extensive R&D capabilities are focused on developing advanced PTT (Polytrimethylene Terephthalate) fibers that rival the properties of spandex, offering excellent recovery and softness for apparel applications.

Innovation Initiatives:

• Pioneering bio-based PTT fiber production processes

• Developing specialized fibers for automotive and technical textiles

• Strategic expansions to capture growing Asian market demand

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

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9️⃣ 2. Huvis Corporation (NANTONG YONGSHENG HUVIS FIBER ADVANCED MATERIALS CO., LTD.)

Headquarters: Seoul, South Korea (Joint Venture in Nantong, China)
Key Offering: PBT Elastic Fibers, High-Tenacity Yarns, Specialty Composite Fibers

Huvis Corporation, through its strategic joint venture in China, brings South Korean technological expertise to the global elastic polyester fibers market. The company is renowned for its high-quality PBT fibers that provide exceptional elasticity, chemical resistance, and color fastness for demanding applications.

Innovation Initiatives:

• Advanced polymerization technology for consistent fiber quality

• Focus on eco-friendly production methods and recyclable fibers

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8️⃣ 3. Jiangsu Hengli Chemical Fibre Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: Polyester DTY Stretch Yarn, FDY, Specialty Textured Yarns

Jiangsu Hengli is one of China’s largest polyester producers, with significant capacity dedicated to elastic DTY (Draw Textured Yarn) products. The company’s vertical integration, from PTA production to fiber manufacturing, provides a competitive edge in cost and quality control for high-volume stretch yarn applications.

Innovation Initiatives:

• Continuous investment in automated texturing and spinning facilities

• Development of differentiated yarns for specific market segments

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7️⃣ 4. Jiangsu Guowang Gaoke Fiber Co., Ltd.

Headquarters: Yancheng, Jiangsu, China
Key Offering: PTT Fiber, Composite Elastic Yarns, Functional Specialty Fibers

Jiangsu Guowang Gaoke Fiber specializes in high-value elastic polyester fibers, particularly PTT and composite yarns that combine multiple polymer benefits. The company has established itself as a technology leader in China’s specialty fiber market, serving premium apparel and technical textile customers.

Innovation Initiatives:

• Proprietary spinning technology for enhanced fiber properties

• Strong focus on R&D for customized fiber solutions

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

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6️⃣ 5. Reliance Industries Limited

Headquarters: Mumbai, Maharashtra, India
Key Offering: Recron FS Yarn, Specialty Polyester Staple Fiber, Customized Stretch Solutions

Reliance Industries, through its textiles division, is a major global player in polyester fibers, including elastic variants for apparel and home textiles. The company’s Recron brand includes specialized stretch fibers that offer comfort and durability for various applications across international markets.

Innovation Initiatives:

• Development of recycled elastic polyester fibers

• Digital integration for customized customer solutions

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5️⃣ 6. Indorama Ventures Public Company Limited

Headquarters: Bangkok, Thailand
Key Offering: Specialty PET, PTT Fibers, Textured Yarns for Stretch Applications

Indorama Ventures is one of the world’s leading producers of PET and polyester products, with growing capabilities in elastic polyester fibers. The company’s global manufacturing footprint and strong R&D focus position it well to serve the increasing demand for high-performance stretch textiles.

Innovation Initiatives:

• Sustainability-focused fiber development

• Expansion into high-growth specialty fiber segments

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4️⃣ 7. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Specialty PBT Fibers, High-Function Elastic Yarns, Technical Textile Solutions

Toray Industries brings Japanese technological excellence to the elastic polyester fibers market, particularly in high-performance PBT fibers for sports apparel and technical applications. The company’s focus on innovation and quality has established its fibers as premium choices for demanding end-uses.

Innovation Initiatives:

• Advanced fiber engineering for specific performance characteristics

• Development of smart and functional elastic fibers

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3️⃣ 8. Teijin Limited

Headquarters: Tokyo, Japan
Key Offering: PTT Fibers, Elastic Composite Yarns, High-Tech Textile Materials

Teijin Limited is a global technology-driven company with strong capabilities in advanced fiber materials, including elastic polyester variants. The company’s expertise in polymer science enables the development of fibers with tailored stretch and recovery properties for diverse applications.

Innovation Initiatives:

• Focus on sustainable and eco-friendly fiber technologies

• Development of fibers for next-generation smart textiles

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2️⃣ 9. Zhejiang Hengyi Group Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Polyester DTY Stretch Yarn, FDY, Specialty Textured Yarns

Zhejiang Hengyi Group is a major Chinese polyester producer with significant capacity in elastic textured yarns. The company’s integrated production chain and focus on quality make it a key supplier to the domestic and international textile markets.

Innovation Initiatives:

• Continuous process optimization for improved fiber quality

• Expansion of specialty fiber production capabilities

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1️⃣ 10. Nan Ya Plastics Corporation

Headquarters: Taipei, Taiwan
Key Offering: Polyester Staple Fiber, DTY Yarns, Specialty Elastic Fibers

Nan Ya Plastics, part of the Formosa Plastics Group, is a significant global producer of polyester products, including elastic fiber variants. The company’s strong technical capabilities and production scale enable it to serve diverse market needs for stretch textiles.

Innovation Initiatives:

• Development of differentiated fiber products

• Focus on sustainable production practices

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

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🌟 Outlook: The Future of Elastic Polyester Fibers Is Smarter and More Sustainable

The elastic polyester fibers market is undergoing a significant transformation. While conventional stretch fibers continue to dominate volume, the industry is increasingly focused on sustainable alternatives, smart textile integrations, and advanced manufacturing technologies.

📈 Key Trends Shaping the Market:

• Accelerated development of bio-based and recycled PTT fibers

• Growing integration of elastic fibers in technical and smart textile applications

• Advancements in composite yarn technologies for enhanced performance

• Increasing collaboration between fiber producers and textile brands for customized solutions

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

The companies listed above are not only supplying essential materials for global textile production—they’re pioneering the next generation of intelligent and sustainable stretch fabrics.