Textile Grade PET Chips Market

The global Textile Grade PET Chips market size was valued at US$ 23.45 billion in 2024 and is projected to reach US$ 32.67 billion by 2030, at a CAGR of 5.7% during the forecast period 2024-2030.

The United States Textile Grade PET Chips market size was valued at US$ 4.56 billion in 2024 and is projected to reach US$ 6.12 billion by 2030, at a CAGR of 5.0% during the forecast period 2024-2030.

Textile Grade PET Chips are polyester resin pellets specifically formulated for fiber production in textile applications.

The global market is growing steadily, driven by textile industry demand. In 2023, production reached 45 million metric tons globally, with fiber manufacturing accounting for 90% of consumption. The market saw a 25% increase in recycled content adoption in 2023. Virgin material dominates with a 75% market share, while recycled content is growing at 15% annually. Asia Pacific leads with a 65% market share and is the fastest-growing region at 6.5% CAGR. The industry is focusing on developing sustainable solutions, with a 40% growth in R&D investments for recycling technologies.

Report Overview Textile Grade PET Chips refer to polymer chips made from polyethylene terephthalate (PET) resin, specifically designed for producing textile fibers, fabrics, and garments. Textile Grade PET Chips Market provides a deep insight into the global Textile Grade PET Chips market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Textile Grade PET Chips Market, Textile Grade PET Chips Market introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. In a word, Textile Grade PET Chips Market is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Textile Grade PET Chips market in any manner. Global Textile Grade PET Chips Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Company Toray SKC Films DuPont Teijin Films Mitsubishi Polyplex Kolon Jindal JBF SRF Terphane Uflex PT Trias Sentosa Polinas Coveme Jiangsu Shuangxing Jiangsu Xingye Kanghui Petrochemical Ouya (Cifu) Billion Indusrial Hildings Ningbo Jinyuan Shaoxing Weiming Shaoxing Xiangyu DDN Jianyuanchun Fuweifilm Qiangmeng Industry Jiangsu Yuxing Market Segmentation (by Type) None Titanium Dioxide 0.1% Titanium Dioxide 0.3% Titanium Dioxide Above 2% Titanium Dioxide Market Segmentation (by Application) Polyester Staple Fiber Polyester Filament Geographic Segmentation