(MENAFN - Verified Market Research) Polyesteris one of the most used fabrics in the world. It has found its way intomultiple domains. Polyesters are extensively used in making apparel andhome furnishings – from shirts and pants to jackets and hats, bed sheets,blankets, upholstered furniture and computer mouse mats. Due to this reason,the largest polyester manufacturers are coming into the spotlight.
Itmust be noted that polyester fiber is used as cushioning and insulatingmaterial in pillows, comforters and upholstery padding. As polyester fabricsare highly stain-resistant, they are largely being used for making high-qualityclothes. Also, due to high energy absorption quality of polyesters, fabrics,made by top polyester manufacturers, are used in conveyor belts, safety belts,coated fabrics and plastic reinforcements.
What is polyester fiber?
Polyesterfiber is a long chain synthetic fiber primarily composed of ethylene glycol(PET) and terephthalic acid. Role of polyester manufacturers is to make fibersthat have more elasticity, are stronger and have high wrinkle and abrasionresistance. It consists chiefly of polyesters which are quick drying resilientfiber. Due to all these factors, the chief polyester manufacturers are using itin the production of various apparels such as trousers, skirts, dresses, suits,jackets, blouses and outdoor clothing.
Applications of polyesters
Itis used in the production of non-woven products, road building fabrics, fishnetting, laundry bags and transportation upholstery. Due to these manyvarieties of products, there is always an increasing demand for polyesterfibers. However, health hazards related to polyester are acting as a majorhurdle in the growth of polyester fiber market.
Reviewing the polyestermanufacturers’ market value
Accordingto Verified Market Research experts, this market was valued at USD 92.89 billion in 2018. As the demand is growingwith every passing business quarter, it is projected to reach USD 170.72 billion by 2026. All the marketstatistics are included in the Global Polyester Manufacturers’Market Report. It must be noted that the polyester marker is growing ata CAGRof 7.9% from 2019 to 2026.
Get | Download Sample Report @
Top 7 largest polyestermanufacturers in the world
Alpek is a Mexican companyfounded in 1975. Due to its expertise and global presence it has become theface of top polyester manufacturers’ market. Also, it is one of thelargest PET and PTA producers in the Americas. It is one of the largestcompanies in this segment and is also the sole producer of polypropylene andcaprolactam in Mexico.
Bombay Dyeing is an Indian brandthat was seeded in 1879. It is regarded as one of the largest polyestermanufacturers in the Indian market. Also, it is the flagship company of theWadia Group, engaged primarily in the business of textiles.
ChinaPetrochemical Corporation is a Beijing-based business conglomerate that startedoperating in 1998. The company is also known as Sinopec Group in the polyesterindustry. It is one of the largest producers of polyesters in the world. Itdominates the polyester manufacturers’ in Asia due to its wide network.
IndoramaVentures isa Thailand based company founded in 1994. It is a prominent industryplayer that largely focuses on building the high-rated polyesters for itscustomers across the globe. The company is working on expanding its globalpresence along with strengthening its position as a market leader of thepolyester manufacturers’ segment.
Ask For ReportDetails @
MitsuiChemicals islargely focused on developing materials and products that improve the qualityof life while being environmentally-friendly. The company is known forchallenging the status quo and regularly comes up with world-class solutionsthat help in improving the existing products.
Reliance Industries is a proud member ofthe Fortune 500 companies’ list. Also, the company is the largest privatecompany operating in India. The company took its first step in 1972. Sincethen, it has evolved from being a textiles and polyester company to anintegrated player across energy, materials, retail, entertainment and digitalservices.
Toray Industries is a Japanesemultinational corporation that was seeded in the year 1926. The company isworking on becoming a business enterprise in the global polyestermanufacturers’ market to explore eco-friendly methods to manufacture strong andsturdy fibers.
For More Information @
About us –
Verified Market Research is a leading Global Research and Consulting firmthat has been providing advanced analytical research solutions, customconsulting and in-depth data analysis for 10+ years to individuals andcompanies alike that are looking for accurate, reliable and up to date researchdata and technical consulting. VMR offers insights into strategic and growthanalyses, Data necessary to achieve corporate goals and help make criticalrevenue decisions.
Ourresearch studies help our clients make superior data-driven decisions,understand market forecasts, capitalize on future opportunities and optimizeefficiency by working as their partner to deliver accurate and valuableinformation. The industries we cover span over a large spectrum includingTechnology, Chemicals, Manufacturing, Energy, Food and Beverages, Automotive,Robotics, Packaging, Construction, Mining & Gas. Etc.
We, atVerified Market Research assist in understanding holistic market indicatingfactors and most current and future market trends. Our analysts, with theirhigh expertise in data gathering and governance, utilize industry techniques tocollate and examine data at all stages. They are trained to combine modern datacollection techniques, superior research methodology, subject expertise andyears of collective experience to produce informative and accurate research.
Havingserviced over 5000+ clients, we have provided reliable market research servicesto more than 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell,Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We haveco-consulted with some of the world’s leading consulting firms like McKinsey& Company, Boston Consulting Group, Bain and Company for custom researchand consulting projects for businesses worldwide.
USToll-Free: +1 (800)-782-1768
Try Our New Dashboard :- dashboard/?utm_source=Free&utm_medium=004
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.