The development of polyester

Mar 18, 2023

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The development of polyester

Polyester is the largest and most widely used synthetic fiber variety in the world, and polyester accounts for more than 60% of the world's synthetic fiber output. Widely used in clothing, bedding and other textiles, various decorative fabrics, special defense fabrics and other industrial textiles, such as filter materials, insulation materials, tire cords, conveyor belts, etc. With the continuous improvement of the domestic economy and the consumption capacity of domestic residents, the demand for polyester staple fibers in the domestic region is also growing. The production capacity of polyester series products in China is growing at an alarming rate.

With the continuous and rapid growth of China's economy and the continuous improvement of domestic consumption capacity, the domestic demand for polyester fiber continues to grow. China's polyester fiber production capacity has grown at an alarming rate, making China gradually become an important processing base for polyester products in the world and the world's largest producer of polyester fiber.

From 2001 to 2007, the market size of my country's polyester fiber industry showed an upward trend year by year. The market size increased from 57.362 billion yuan in 2001 to 236.414 billion yuan in 2007, with a compound annual growth rate of more than 10%.

Polyester fiber is the most processed chemical fiber variety among all textile fibers. It is of vital significance to the entire chemical fiber industry to develop differentiated varieties, increase the added value of products, and improve the economic benefits of enterprises. Product differentiation is the development direction of polyester. China's polyester fiber production enterprises are also developing in this direction. Therefore, the polyester industry still has great potential for development.