Polyethylene Terephthalate (PET) Fabric Market | Industry Insights By Growth, Trends & Forecast
- imarcgroup
- Dec 23, 2020
- 2 min read
According to IMARC Group’s latest report, titled “Polyethylene Terephthalate (PET) Fabric Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. Looking forward, IMARC Group expects the global polyethylene terephthalate (PET) fabric market to grow moderately during the next five years.
Polyethylene terephthalate (PET) fabric is a polyester produced synthetically from polymerized ethylene glycol and terephthalic acid. It is more durable, lightweight, water resistance, anti-bacterial, cost-effective, and has better tensile strength than natural textiles. Therefore, PET fabric is widely utilized in apparel, homewares, technical clothing, carpet and rugs, interior fabrics, medical garments, etc.
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Market Trends
The rising adoption of PET fabrics in the textile industry to minimize the depletion of natural textile materials, such as cotton and wool, is catalyzing the market growth. Furthermore, the increasing consumer inclination towards PET fabrics owing to their high resistance against wrinkles, heat, stretching, abrasion, etc., has also propelled the product demand. Moreover, the growing utilization of PET fiber in producing disposable medical garments and insulated clothing, further propels the market growth. For instance, the increasing demand for PPE kits due to COVID-19 outbreak has augmented the adoption of PET fabrics in the medical sector. Besides this, the rising environmental awareness to reduce carbon emissions and plastic waste have augmented the need for PET recycling. Moreover, the fabric manufactured from recycled PET bottles helps in minimizing pollution levels by reducing waste disposal, without degrading the product quality.
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