The Global Polyester Fiber in Apparel Market was valued at USD 88.4 Billion in 2024 and is projected to reach USD 127.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This robust growth is propelled by the rising demand for durable, cost-effective, and versatile textiles, alongside accelerating investments in recycled polyester (rPET) and bio-based alternatives to meet the fashion industry’s sustainability goals.

As the global apparel sector pivots towards circular economy principles and performance-driven fabrics, the focus intensifies on the key fiber producers enabling this transformation. In this blog, we profile the Top 10 Companies in the Polyester Fiber in Apparel Industry—a dynamic mix of integrated petrochemical giants, specialized fiber manufacturers, and sustainability innovators shaping the future of textiles.

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🔟 1. Indorama Ventures

Headquarters: Bangkok, Thailand
Key Offering: Polyester Staple Fiber (PSF), Polyester Filament Yarn (PFY), Recycled PET (rPET)

Indorama Ventures is the world’s largest producer of PET and a leading integrated fibers player. Its extensive portfolio serves the entire apparel value chain, from fiber production to finished fabrics, with a massive global production footprint spanning North America, Europe, and Asia.

Sustainability Initiatives:

• Committed to spending $1.5 billion on sustainability projects by 2025

• Aiming for a recycling capacity of 50 billion PET bottles per year

• Active member of initiatives like the Alliance to End Plastic Waste

Download FREE Sample Report: Global Polyester Fiber in Apparel Market – View in Detailed Research Report

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9️⃣ 2. Reliance Industries Limited

Headquarters: Mumbai, India
Key Offering: RECRON® PSF and PFY, R|ELAN™ Recycled Fabrics

Reliance Industries is a dominant force in the Indian subcontinent and a major global exporter of polyester fiber. Its brand RECRON is synonymous with quality, while its R|ELAN initiative champions recycled and sustainable fabric technologies for leading fashion brands worldwide.

Sustainability Initiatives:

• Pioneering chemical recycling for textile-to-textile recycling

• Committing to Net Carbon Zero by 2035

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8️⃣ 3. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: High-performance PFY, Eco-conscious Fabrics (e.g., “ecodear” bio-based polyester)

Toray is a global technology leader in advanced materials, producing high-value polyester fibers that offer superior functionality, such as moisture-wicking, UV protection, and stretch. The company is at the forefront of developing sustainable, bio-based polyester alternatives.

Sustainability Initiatives:

• Development of 100% plant-based polyester using biomass-derived paraxylene

• Innovations in fiber recycling technologies to close the loop on textile waste

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7️⃣ 4. Alpek

Headquarters: San Pedro Garza García, Mexico
Key Offering: PET, PSF, rPET (under DAK Americas in the U.S.)

Alpek is one of the world’s leading producers of PTA and PET and a major player in polyester staples in the Americas. Its subsidiary, DAK Americas, is a key supplier of polyester fibers and recycled content products to the Western Hemisphere’s apparel industry.

Sustainability Initiatives:

• Significant investments in expanding rPET production capacity

• Focus on developing circular economy models for polyester in the Americas

Download FREE Sample Report: Global Polyester Fiber in Apparel Market – View in Detailed Research Report

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6️⃣ 5. Tongkun Group

Headquarters: Tongxiang, Zhejiang, China
Key Offering: PFY, PSF, Polyester Chips

Tongkun Group is a Chinese titan in the polyester industry, operating one of the largest production capacities for polyester filament yarn globally. Its vertically integrated operations ensure cost competitiveness and a stable supply for the massive domestic and international apparel markets.

Sustainability Initiatives:

• Investment in energy-efficient production technologies to reduce carbon footprint

• Exploration of recycled fiber production lines to meet evolving market demands

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5️⃣ 6. Zhejiang Hengyi Group

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Polyester Chips, PFY, Textured Yarn

Hengyi Group is a major integrated petrochemical and fiber producer with a significant international presence, particularly in Southeast Asia. The company supplies a wide range of high-quality polyester fibers tailored for various apparel applications.

Sustainability Initiatives:

• Implementation of green manufacturing practices across its facilities

• Research into bio-glycol and other sustainable raw material sources

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4️⃣ 7. Far Eastern New Century (FENC)

Headquarters: Taipei, Taiwan
Key Offering: PSF, PFY, TOPGREEN® Recycled Polyester

FENC is a leading green material provider with a strong focus on innovation and sustainability. Its TOPGREEN® recycled polyester, made from post-consumer PET bottles, is widely used by global apparel brands committed to reducing their environmental impact.

Sustainability Initiatives:

• Industry leader in textile recycling technologies, including chemical recycling (rTex)

• Committed to a circular economy with ambitious targets for recycled content usage

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3️⃣ 8. Hengli Group

Headquarters: Dalian, Liaoning, China
Key Offering: Polyester Chips, PFY, PSF

Hengli Group operates one of the most advanced and largest refining-PTA-polyester industrial chains in the world. Its massive scale and vertical integration allow it to be a key, low-cost supplier of polyester fibers to the global textile industry.

Sustainability Initiatives:

• Deployment of state-of-the-art, energy-saving production equipment

• Plans to incorporate recycled materials into its product lines to align with global trends

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2️⃣ 9. Nan Ya Plastics Corporation

Headquarters: Taipei, Taiwan
Key Offering: PSF, PFY, Polyester Staple Fiber for Nonwovens

As part of the Formosa Plastics Group, Nan Ya Plastics is a diversified chemical company with a substantial footprint in polyester fibers. It produces a wide array of fibers used in everything from everyday clothing to technical apparel and home textiles.

Sustainability Initiatives:

• Development of eco-friendly fibers, including recycled and biodegradable variants

• Continuous improvement in production efficiency to minimize waste and emissions

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1️⃣ 10. Sinopec Yizheng Chemical Fibre Company Limited

Headquarters: Yizheng, Jiangsu, China
Key Offering: PFY, PSF, Polyester Chips

Sinopec Yizheng is a subsidiary of the Sinopec Group, one of the largest integrated energy and chemical companies globally. It is a major producer of polyester fibers in China, leveraging its parent company’s vast raw material supply chain.

Sustainability Initiatives:

• Focus on producing differentiated and high-value-added polyester products

• Investment in R&D for green chemical processes and sustainable fiber solutions

Get Full Report Here: Global Polyester Fiber in Apparel Market – View in Detailed Research Report

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🌍 Outlook: The Future of Polyester Fiber Is Sustainable and Smart

The polyester fiber market is undergoing a profound transformation. While conventional, virgin polyester continues to hold the largest market share by volume, the industry is channeling significant investment into circular economy models, bio-based innovations, and smart textiles that offer enhanced functionality.

📈 Key Trends Shaping the Market:

• Exponential growth in demand for Recycled Polyester (rPET) from fashion brands

• Advancements in chemical recycling technologies enabling fiber-to-fiber recycling

• Rising popularity of bio-based polyester derived from renewable sources

• Integration of smart features like temperature regulation and biometric sensing into fibers

Get Full Report Here: Global Polyester Fiber in Apparel Market – View in Detailed Research Report

The companies listed above are not only supplying the threads of modern fashion—they are actively weaving the blueprint for a more sustainable and innovative textile industry.