Global Polyester Filament Yarn Market Size, Share, And COVID-19 Impact Analysis, By Yarn Type (Spun Yarn and Filament Yarn), By Application (Clothing, Upholstery, Curtains, Carpets, Bags, and Shoelaces), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, And Africa), Analysis and Forecast 2025 - 2035

Global Polyester Filament Yarn Market Insights Forecasts to 2035

• The Global Polyester Filament Yarn Market Size Was Estimated at USD 104.80 billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 3.75% from 2025 to 2035
• The Worldwide Polyester Filament Yarn Market Size is Expected to Reach USD 157.20 billion by 2035
• Asia Pacific is expected to grow the fastest during the forecast period.

According to a Research Report published by Spherical Insights and Consulting, The Global Polyester Filament Yarn Market Size was worth around USD 104.80 Billion in 2024 and is predicted to Grow to around USD 157.20 Billion by 2035 with a compound annual Growth rate (CAGR) of 3.75% from 2025 to 2035. Expanding textile applications, rising demand for eco-friendly materials, technical advancements, increased clothing consumption, and possible expansion in new markets are some of the opportunities for the polyester filament yarn market.

Market Overview

The polyester filament yarn (PFY) market is referred to as supply or trade and use continuous synthetic filaments made from the resin of polyethylene terephthalate (PET). It is widely accepted in several applications, such as making clothing, home textiles, car seats, and even fabric for specialized purposes. The production of PFY is part of the synthetic fiber market, which is mainly led by the ever-increasing need for materials that are both durable and affordable. Essentially, PFY has been defined by its excellent strength and durability, high elasticity, and resistance to creasing, shrinking, and abrasion, thus becoming the preferred material for a range of textile products, including garments, home textiles, and industrial and technical fabrics. The market is expanding due to technological advancements in yarn production and growing consumer demand for environmentally friendly products. The garment, automobile, and home furnishings industries are driving up demand for high-performance textiles. The raw material used in the manufacturing of textiles, which drives the polyester filament yarn market.

Report Coverage

This research report categorizes the polyester filament yarn market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the polyester filament yarn market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the polyester filament yarn market.        

Driving Factors  

The primary factors driving the polyester filament yarn market are represented by the consumer's growing inclination towards sustainable and eco-friendly products. The wide range of applications for polyester filament yarn is another important factor driving the polyester filament yarn market. It is anticipated that the increased requirement for high-performance textiles in these sectors will lead to market growth, e.g., the automotive industry, where the yarn is becoming more and more popular due to its lightweight and strong nature, which also contributes to fuel savings. The polyester filament yarn market is being transformed by technological progress in the production of the filament. R and D expenditure is an essential factor supporting the polyester filament yarn market.

Restraining Factors  

The market for polyester filament yarn is constrained by a number of factors, including fluctuating raw material prices, environmental concerns about non-biodegradable synthetic fibers, fierce competition from alternative fibers, regulatory restrictions, and high energy consumption in production processes.

Market Segmentation     

The polyester filament yarn market share is classified into yarn type and application.     

• The spun yarn segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.         

Based on the yarn type, the polyester filament yarn market is divided into spun yarn and filament yarn. Among these, the spun yarn segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The market for spun yarn is a result of its adaptability and extensive use in a variety of sectors, including clothing and textiles. The Spun Yarn segment maintains a strong market presence by meeting a wide range of customer needs. For clothing, home textiles, and industrial materials, spun yarn, which is created by twisting staple fibers together, offers improved softness, breathability, and comfort.   

• The clothing segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.       

Based on the application, the polyester filament yarn market is divided into clothing, upholstery, curtains, carpets, bags, and shoelaces. Among these, the clothing segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Growing fashion trends and the need for strong, lightweight materials are the main drivers of the clothing sector. For clothing ranging from casual wear to sportswear and formal attire, polyester is highly favored due to its durability, wrinkle resistance, elasticity, and ease of maintenance.

Regional Segment Analysis of the Polyester Filament Yarn Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the polyester filament yarn market over the predicted timeframe.      

North America is anticipated to hold the largest share of the polyester filament yarn market over the predicted timeframe. North America is the market due to the rising requirement for eco-friendly textiles and modern ways of making them. The United States and Canada are the main countries in this area, and among them, Indorama Ventures and Reliance Industries are already quite strong.  UNIFI, in February 2025, presented the Integr8™, a multi-functional recycled PFY for performance apparel, and thus the company drove true eco-innovation. At the same time, the Department of Commerce of the U.S. announced the enlargement of the trade investigations into imports from Asia, which is to strengthen the U.S. market in September 2025. North America is credited with the combination of the region’s long-standing textile and apparel industries, top-notch manufacturing infrastructure, and consumers' high-quality-seeking behavior.

Asia Pacific is expected to grow at a rapid CAGR in the polyester filament yarn market during the forecast period. The increased urbanization, public knowledge of synthetic fabric benefits, and the low-cost production in the region are pushing the market fast. China, India, and Japan are at the forefront of this development, while Toray Industries and Mitsubishi Chemical Corporation are the major players in the field. Innovation and efficiency in this region are being credited with leading the market for the coming years. According to the Ministry of Textiles, India’s PFY production has reached 2.53 million tonnes in 2024, with 3.06 million tonnes forecast by 2030 at a 3.24% regional CAGR, although overall APAC polyester fiber demand is increasing by 5%.

Competitive Analysis:    

The report offers the appropriate analysis of the key organizations/companies involved within the polyester filament yarn market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.  

List of Key Companies

• Reliance Industries Ltd.
• Indorama Ventures
• Shenghong Group
• Hengli Group
• Tongkun Group
• Zhejiang Hengyi Group
• Toray Industries, Inc.
• Xin Feng Ming Group
• Billion Industrial
• Rongsheng PetroChemical
• Jiangsu Sanfangxiang Group Co., Ltd.
• Sinopec Yizheng Chemical Fibre
• Far Eastern New Century Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In November 2025, the government launched a move under Section 16 of the Bureau of Indian Standards Act, revoking the Ministry of Chemicals and Fertilizers’ orders imposing QCO on various polyester yarns, ethylene glycol, and terephthalic acid.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the polyester filament yarn market based on the below-mentioned segments:

Global Polyester Filament Yarn Market, By Yarn Type

• Spun Yarn
• Filament Yarn

Global Polyester Filament Yarn Market, By Application

• Clothing
• Upholstery
• Curtains
• Carpets
• Bags
• Shoelaces

Global Polyester Filament Yarn Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa