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The Largest Supplier of Polyester in the World: China Polyester

The Largest Supplier of Polyester in the World: China Polyester

Jul,16 2021
The polyester spun yarn market continues to remain healthy. Since 1990, it has grown at a rate of nearly 7%, and is expected to have a compound annual growth rate of 5% during 2015-2020. According to data from Zion Research, the market value in 2014 was 73.5 billion U.S. dollars, and by 2020 it will exceed 115 billion U.S. dollars.

Most of the demand for polyester materials comes from Asia, especially China, because the country's textile production is high. It is estimated that by 2019, the Asia-Pacific region will account for more than 85% of the global market, and North America and Europe will each account for less than 5%. In particular, Northeast Asia will become the biggest driver of demand, mainly because China itself accounts for 65% of global polyester fiber consumption. Due to the large number of cheap clothing produced and exported in the region, it is difficult for Western countries to compete, and production there has declined.

Cotton thread ball

Compared with traditional cotton, the production cost of organic cotton is much higher because it uses various scientific applications. Cotton crops are grown in different areas of India. Therefore, we are a major cotton spun yarn supplier in China and major countries in the world. Due to the following characteristics, cotton is more popular worldwide:

● Soft and breathable
● There are many colors to choose from.
● Close and comfortable
● Machine washable and hand washable
● No static electricity

With years of experience and our global business, we have reached the peak of our business under the trust of customers from all over the world. We have identified an opportunity to provide a higher level of service in areas where buyers from different countries purchase textile raw materials and provide importers with a trustworthy platform. We are happy to serve you.


   

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