At the ITMF+IAF Joint Conference 2024 held earlier this month in Samarkand, Uzbekistan, Ajay Sardana, President & Head-Petchem Industry Affairs at Reliance Industries, delivered a compelling presentation highlighting the growing dominance of polyester in global textile industry.

Polyester's ‘magical’ properties

Sardana began by emphasizing polyester’s versatility, calling it the ‘magical fiber’ due to its wide-ranging applications across various sectors, from high-fashion to sportswear, home furnishings to technical textiles. Its blendability, lightweight nature, breathability, hypoallergenic properties, and ease of maintenance further contribute to its popularity.

Global fibre demand

Backed by statistics, Sardana argued that while cotton consumption is expected to grow at a modest 2 per cent CAGR, polyester is projected to experience a significantly higher growth rate of 4 per cent CAGR. This increase in demand is attributed to polyester's adaptability and its ability to blend seamlessly with other fibres.

Polyester's growing popularity in India

Sardana highlighted India as a key market for polyester growth, with a projected CAGR of 5.1 per cent, outpacing global average. He attributed this growth to supportive government policies, increased use in non-woven and technical textiles, evolving consumer trends, and a growing workforce.

Sardana's presentation showcased a promising picture for the future of polyester, driven by its versatility, sustainability, and growing demand in emerging markets like India. Reliance Industries, with its integrated presence and focus on innovation, is poised to play a pivotal role in shaping this future.