Polyester Film Market Size

Polyester Film Market size was valued at USD 34.5 billion in 2023 and is anticipated to reach USD 74.3 billion by the end of 2036, expanding at around 7.1% CAGR during the forecast period i.e., between 2024-2036. In 2024, the industry size of the polyester film is estimated at USD 36.9 billion.

The growth of the polyester film market can be credited to the essential application of polyester in multiple burgeoning end-use industries, such as packaging, electronics, and automotive. For instance, polyester (primarily polyethylene terephthalate-PET-but also polybutylene terephthalate-PBT-and polyethylene naphthalate-PEN) is the most common fiber used in the production of automotive textiles. It accounts for 42%, whereas polyamide 6.6 (PA 6.6) makes up 26%. These fibers are preferred because of their good physical qualities, strong mechanical performance, dyeability, and low cost.