Versatility and Durability Driving Polyester Filament Use in Diverse Industries Such as Automotive and Medical: Fact.MR Analysis
Polyester filaments are considered extremely versatile and durable, which is increased their use in several industries, including textiles, medical, and automotive. The global polyester filament market is calculated to increase from a value of US$ 116.2 billion in 2024 to US$ 191 billion by the end of 2034, reveals Fact.MR, a market research and competitive intelligence provider, in its freshly updated market report.
Ongoing research and development activities are leading to the introduction of high-performance polyester fibers and filaments. The enhanced properties of these filaments, such as resistance to wear and tear, high strength, and durability, are driving their use in automotive, industrial, and medical apparel. The development of specialty fibers is expected to generate profitable opportunities for polyester filament suppliers.
Water-resistant qualities are further driving the use of polyester fabrics in packaging. The polyester filaments are used to protect products from any external effects such as rain and humidity, during transportation and storage. Polyester filaments also have applications in pillows, mattress pads, and comforters. Polyester-filled bedding is considered to be hypoallergenic, driving the attention of individuals with allergies. Furthermore, high durability is leading to their use in rug production.
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Key Takeaways from the Market Study:
- Worldwide polyester filament sales are projected to increase at a CAGR o 5.1% from 2024 to 2034. The United States market is approximated at US$ 27.2 billion in 2024.
- Demand for polyester filament in South Korea is foreseen to rise at a CAGR of 7.9% through 2034.
- Single yarn polyester filament is estimated to hold 60.5% of the global market share in 2024.
“Rapidly evolving fashion industry will account for high demand for polyester filaments over the coming years,” says a Fact.MR analyst.
Regional Analysis
North America is one of the major consumers of polyester filament. The high domestic consumption is making North America a profitable marketplace for polyester filament suppliers. Polyester filament is exhibiting high use in the region’s medical textile industry. Polyester is widely used in the production of medical devices and equipment as effective apparel.
Asia Pacific, particularly China, India, Taiwan, Japan, and Thailand, are high-growth marketplaces due to the presence of strong end-use industries. China is one of the major producers of polyester filament across the globe. Thus, Asia Pacific is the most lucrative marketplace for polyester filament producers.
Growing Adoption of Polyester Fiber in Medical and Surgical Applications
Polyester fiber is increasingly being utilized in medical and surgical applications, driven by advancements in textile materials and biomedical research. The development of biodegradable, flexible, and soft medical textiles is a key trend shaping the industry. Notably, the introduction of advanced polyester medical films is contributing to the expanding applications of polyester filaments in healthcare.
The demand for polyester fabric in implantable medical devices is rising significantly. Polyester polymers are emerging as the primary materials for medical textile implants, including artificial tendons, heart valves, vascular grafts, and artificial ligaments. The use of polyester low-density filaments and multi-filament fibers in such applications is becoming more prevalent due to their durability and reliability.
Polyester fiber is gaining preference in the production of artificial grafts, thanks to its superior mechanical and chemical properties, as well as its low moisture absorption. Additionally, polyester filament is emerging as a leading alternative to cotton in healthcare uniforms. Unlike polyester-cotton blends, 100% polyester is a more sustainable option due to its easy recyclability, high comfort level, and ability to inhibit the survival of harmful microorganisms more effectively than cotton.
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Key Market Players:
- Thai Polyester Company
- Zhejiang Hengyi Group
- Filatex India Limited
- Xin Feng Ming Group
- Meher International
- Rongsheng PetroChemical
- Tepar Textiles
- Hengli Group
- Shenghong
- Indorama Ventures
- Beximco Synthetics Limited
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global polyester filament market, presenting historical demand data (2019 to 2023) and forecast statistics for the period (2024 to 2034).
The study divulges essential insights on the market based on yarn type (single yarn, ply yarn, cord yarn), dyeing process (dyed, non-dyed), and end-use industry (textiles, automotive, healthcare, others), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).
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