South Korea Recycled Polyester Market Size, Share, and COVID-19 Impact Analysis, By Product (Cotton Spinning Material, Filling Material, and Non-Woven), By Application (Apparel and Home Textiles), and South Korea Recycled Polyester Market Industry Trend, Forecasts to 2035
Industry: Chemicals & MaterialsSouth Korea Recycled Polyester Market Insights Forecasts to 2035
- The South Korea Recycled Polyester Market Size Was Estimated at USD 594.87 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 9.32% from 2025 to 2035
- The South Korea Recycled Polyester Market Size is Expected to Reach USD 1584.8 Million by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea Recycled Polyester Market is anticipated to reach USD 1584.8 million by 2035, growing at a CAGR of 9.32% from 2025 to 2035. As industries place a greater emphasis on sustainability and circular economy principles, the market has been expanding steadily.
Market Overview
The recycled polyester market involves the production of polyester fibers from post-consumer plastic waste, primarily PET bottles. This sustainable alternative to virgin polyester helps reduce plastic pollution, conserve resources, and lower greenhouse gas emissions. The energy efficiency, waste reduction, and compatibility with existing textile manufacturing processes. The expanding due to growing consumer demand for eco-friendly fashion, advancements in recycling technology, and increased brand commitments to sustainability. In South Korea, government initiatives such as support for circular economy practices, recycling infrastructure development, and green certification programs are accelerating market growth. Policies encouraging recycled content in textiles and promoting Extended Producer Responsibility (EPR) are also motivating manufacturers to adopt recycled polyester, making it a key player in the nation’s sustainable materials strategy.
Report Coverage
This research report categorizes the market for South Korea recycled polyester market based on various segments and regions, forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea recycled polyester 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 analyses their core competencies in each sub-segment South Korea recycled polyester market.
South Korea Recycled Polyester Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 594.87 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 9.32% |
2035 Value Projection: | USD 1584.8 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 116 |
Segments covered: | By Product, By Application and COVID-19 Impact Analysis |
Companies covered:: | Hyosung TNC, HYUNSUNG Co., Ltd., JIWOO H&T Co., Ltd., Selinfiber Corporation, WORLDRO Co., Ltd., Sam Young Synthetics Co., Ltd, Dongkeuk Textile Co., Ltd., Maitex Eag Ltd., Duckwoo Corporation, Estal Industrial Co., Ilson g Chemical Industry Co., Others. |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
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Driving Factors
The rising demand for sustainable textiles and the growing awareness of plastic pollution. Consumers and brands are shifting toward eco-friendly materials, boosting the use of recycled polyester in apparel and home textiles. Technological advancements in recycling processes have improved fiber quality, making it a viable alternative to virgin polyester. Government regulations promoting recycling and circular economy practices further support market growth
Restraning factors
The ePET market grapples with inconsistence feedstock quality and limited supply of high purity PET waste due to contamination and weak collection infrastructure, whichh raises processing costs and harms output uniformity.
Market Segmentation
The South Korea recycled polyester market share is classified into product and application.
- The cotton spinning material segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea recycled polyester market is segmented by type into cotton spinning material, filling material, and non-woven. Among these, the cotton spinning material segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. The rising demand in the textile and apparel industries. Recycled polyester is widely used as a sustainable alternative to virgin fibers in yarn production, offering comparable quality with lower environmental impact. Growing consumer preference for eco-friendly fashion, coupled with government support for sustainable manufacturing, is driving this segment.
- The apparel segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea recycled polyester market is segmented by application into apparel and home textiles. Among these, the apparel segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. The increasing demand for sustainable fashion and eco-conscious consumer behavior. Recycled polyester offers durability, moisture resistance, and versatility, making it ideal for sportswear, casualwear, and outerwear. Major fashion brands are incorporating recycled fibers to meet sustainability targets and appeal to environmentally aware customers. Government initiatives promoting green textiles and circular economy practices further support this trend.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea recycled polyester 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 elaborate analysis focusing on the companies' current news and developments, including 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
- Hyosung TNC
- HYUNSUNG Co., Ltd.
- JIWOO H&T Co., Ltd.
- Selinfiber Corporation
- WORLDRO Co., Ltd.
- Sam Young Synthetics Co., Ltd
- Dongkeuk Textile Co., Ltd.
- Maitex Eag Ltd.
- Duckwoo Corporation
- Estal Industrial Co.
- Ilson g Chemical Industry Co.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea recycled polyester market based on the below-mentioned segments:
South Korea Recycled Polyester Market, By Product
- Cotton Spinning Material
- Filling Material
- Non-woven
South Korea Recycled Polyester Market, By Application
- Apparel
- Home Textiles
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