The latest report by IMARC Group, titled “Polyethylene Terephthalate (PET) Fabric Market Report by Source (Virgin PET, Recycled PET, Blended PET), Fabric Type (Woven, Non-Woven, Knitted), Form (Staple, Filament, Fiberfill, Tow), Application (Apparel, Household, Industrial, Carpet and Rugs, and Others), and Region 2024-2032”, The global polyethylene terephthalate (PET) fabric market size reached US$ 34.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 56.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.

PET fabric, a type of polyester fiber, is created through a chemical process involving ethylene glycol and purified terephthalic acid or by recycling plastic bottles. It is known for being affordable, recyclable, light, flexible, and resistant to chemicals, breakage, and moisture. Additionally, it offers durability, easy portability, stiffness, and antimicrobial properties. These qualities make PET fabric popular in various applications such as packaging, home goods, workwear, interior decor, and furnishings.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/polyethylene-terephthalate-fabric-market/requestsample

Polyethylene Terephthalate (PET) Fabric Market Trends and Drivers:

The market is experiencing substantial growth, primarily due to the rapid expansion of the textile industry. Polyethylene terephthalate (PET) fabric, in particular, is gaining popularity due to its competitive advantages, such as cost-effectiveness, lightweight, and antibacterial properties, making it a preferred alternative to natural fibers like wool and cotton. Additionally, the growing concern for environmental sustainability has led to increased adoption of PET fabric as a recyclable and eco-friendly material. This has further accelerated market growth, along with rapid industrialization and government support for PET fabric adoption. The expanding food and beverage (F&B) sector has also fueled demand for recycled food-grade PET fabric as a packaging material, contributing to the overall market growth. Finally, strategic partnerships among industry players to explore new applications and enhance product efficiency have created a positive market outlook.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Source:

  • Virgin PET
  • Recycled PET
  • Blended PET

Breakup by Fabric Type:

  • Woven
  • Non-Woven
  • Knitted

Breakup by Form:

  • Staple
  • Filament
  • Fiberfill
  • Tow

Breakup by Application:

  • Apparel
  • Household
  • Industrial
  • Carpet and Rugs
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Alpek S.A.B.
  • Toray Industries Inc.
  • Eastman Chemical Company
  • William Barnet & Son LLC.
  • Reliance Industries Limited
  • Indorama Ventures Public Company Limited
  • Märkische Faser GmbH
  • Sun Fiber LLC.
  • Zhejiang Hengyi Group Co. Ltd.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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