Polyester Staple Fiber Market To Reach $54.15 Billion By 2033

Polyester Staple Fiber Market Growth & Trends

The global polyester staple fiber market size is estimated to reach USD 54.15 billion by 2033, registering to grow at a CAGR of 4.3% from 2025 to 2033 according to a new report by Grand View Research, Inc. The rise in the global consumption of sustainable textiles has been a major factor driving market growth. Growing consciousness regarding the environment and cheaper price of PSF as compared to that of cotton have increased the utilization of PSF in the global market.

Polyester staple fiber is lightweight, wrinkle-free, and resistant to light and weather. It also has the ability to withstand extreme climatic conditions. It is used as a key element in various end-use sectors, including apparel, home furnishing, construction, and automotive, which is expected to drive market growth over the forecast period. Rising product demand, owing to its long-term effectiveness, high elastic resilience, tenacity, and eco-friendly nature of PSF, is also expected to boost market growth over the next eight years.

Solid PSF was the largest product segment in 2024 and is expected to witness a promising growth rate over the forecast period. The hollow product segment is anticipated to observe a low growth rate by 2033. In terms of revenue, the apparel application segment is anticipated to observe the fastest growth over the forecast period. PSF is instrumental in improving the overall quality at a lower price than its alternatives, which is expected to drive its demand. Increasing product usage in Asia Pacific owing to its rising utilization in the textile manufacturing industry is also expected to boost demand over the forecast period.

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Polyester Staple Fiber Market Report Highlights

• Based on products, the solid segment dominated the global polyester staple fiber market, accounting for a revenue share of 62.8% in 2024.

• The virgin origin segment held the largest revenue share of the global market in 2024. Increasing demand for high-quality textiles, particularly in apparel and home furnishing, has driven the segment's dominance.

• The apparel segment dominated the polyester staple fiber market in 2024. Increasing urbanization, clothing consumption, and changing fashion trends drive segment growth

• Asia Pacific polyester staple fiber market dominated the global industry and accounted for a revenue share of 77.9% in 2024.

Polyester Staple Fiber Market Segmentation

Grand View Research has segmented the global polyester staple fiber market report based on product, origin, application, and region

Polyester Staple Fiber Product Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

• Solid

• Hollow

Polyester Staple Fiber Origin Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

• Virgin

• Recycled

• Blended

Polyester Staple Fiber Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

• Automotive

• Home Furnishing

• Apparel

• Filtration

• Others

Polyester Staple Fiber Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

• Central & South America

• Middle East & Africa

List of Key Players of Polyester Staple Fiber Market

• Alpek S.A.B. de C.V.

• Bombay Dyeing

• China Petrochemical Corporation

• Indorama Ventures Public Company Limited.

• Reliance Industries Limited.

• TORAY INDUSTRIES, INC.

• Tongkun Holding Group

• Zhejiang Hengyi Group Co., Ltd.

• Shenghonggroup.cn (Shenghong)

• Xin Feng Ming Group