U.S. Polyester Market - Forecast(2025 - 2031)

U.S. Polyester Market Overview:

U.S. Polyester Market size is estimated to reach $30.01 billion by 2030, growing at a CAGR of 7.2% during the forecast period 2024-2030. The market for U.S. Polyester is primarily driven by rising demand in the textile and automotive industries, advancements in recycling technologies, and a growing preference for sustainable materials. Additionally, increased disposable income and urbanization, along with polyester's versatility and cost-effectiveness, further drives the market growth.

The U.S. polyester market encompasses of the production, distribution, and application of polyester in various industries, including textiles, packaging, automotive, construction, and electronics, widely used in fibers, resins, films, and coatings due to its durability, lightweight properties, and cost-effectiveness. The market is driven by increasing demand for sustainable and recycled polyester, technological advancements in fiber production, and growing applications in eco-friendly packaging and industrial sectors. Rising consumer preference for performance textiles and the expansion of PET-based packaging solutions further fuel market growth, while regulatory policies and raw material price fluctuations influence industry dynamics.

Market Snapshot: 

U.S. Polyester Market - Report Coverage:

The “U.S. Polyester Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the U.S. Polyester Market.

Key Takeaways:

∙    Consumer Goods segment is Leading the Market

Consumer Goods segment, encompassing textiles and apparel, is the largest consumer of polyester, accounting for approximately 40% to 45% of the market, market due to the material's versatility and cost-effectiveness. Polyester's durability, wrinkle resistance, and quick-drying properties make it a popular choice for clothing, home textiles, and various consumer products, the growing demand for sustainable and recycled polyester in U.S. market further drives market growth, as consumers become more environmentally conscious. Additionally, advancements in textile technology have led to the development of high-performance polyester fabrics, which are increasingly used in sportswear and activewear. The rise in disposable income and urbanization in the U.S. region has also contributed to the increased consumption of polyester products. The U.S. polyester market is expected to continue growing, driven by these factors and the ongoing trend towards sustainable and innovative materials, driving the growth of the consumer goods segment in the overall polyester market in U.S.

∙    Growing Demand in the Textile Industry in the U.S. Polyester Is Driving the Market Growth.

The growing demand in the U.S. textile industry is a key driver of the polyester market, driven by its widespread use in apparel, home furnishings, and industrial textiles. Polyester accounts for almost 45% of total fiber consumption in the country due to its durability, affordability, and ease of maintenance, the rising popularity of athleisure and performance wear has significantly increased demand for polyester-based moisture-wicking and stretch fabrics, especially in sportswear and activewear segments. Additionally, the U.S. home textile sector, valued at over $50 billion, relies heavily on polyester for bed linens, curtains, and upholstery due to its wrinkle resistance and longevity. The growth of fast fashion brands and online retail has further accelerated polyester adoption, driven by cost-efficiency and high production volumes, thereby driving the growth of the overall polyester market in U.S., supported by continuous advancements in fiber technology and recycling innovations.

∙    Fluctuating Raw Material Prices as a Major Challenge.

Fluctuating raw material prices pose a significant challenge in the U.S. polyester market, primarily due to its reliance on petrochemical-derived feedstocks such as ethylene glycol (MEG) and purified terephthalic acid (PTA). The U.S. polyester industry is highly sensitive to crude oil price volatility, with raw materials accounting for 60-70% of production costs, any fluctuations in oil prices, geopolitical tensions, or supply chain disruptions directly impact polyester manufacturing costs. In 2022, for instance, crude oil price surges led to a 20-25% increase in polyester production costs, forcing manufacturers to adjust pricing strategies. Additionally, supply constraints in major chemical production hubs such as Texas and Louisiana have further exacerbated price instability. The volatility in raw material costs affects profit margins, pricing strategies, and contract negotiations for textile, packaging, and automotive industries reliant on polyester, altogether restraining the growth of the polyester market in U.S.

Key Market Players: 

Product launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the U.S. Polyester Market. The top 10 companies in this industry are listed below:
1.    Unifi, Inc. 
2.    Eastman Chemical Company 
3.    INVISTA 
4.    DAK Americas LLC 
5.    Indorama Corp. 
6.    Shaw Industries Group
7.    Toray Industries 
8.    William Barnet & Son, LLC 
9.    American & Efird (A&E)
10.    Wellman Advanced Materials

Scope of the Report: 

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