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Raw polyester chip industry development trends
2025-04-30

In recent years, the recycling and reuse of waste plastics and waste textiles have received widespread attention in society. China has introduced a number of policies to promote the circular utilization of waste plastics and textiles, striving to establish a more comprehensive recycling system by 2030. Chemical and enzymatic recycling technologies have become key technologies driving the green transformation of the industry. Chemical recycling technology decomposes polymer chains through hydrolysis and alcoholysis methods and restores them to original monomers or other reusable chemical substances. It is mainly used for processing polyester textiles/plastics (such as PET, polyethylene terephthalate). From a cradle-to-grave life - cycle perspective, the chemical recycling production technology path can achieve a carbon emission reduction effect of 60% - 70% compared with virgin materials. This means that the virgin polyester chip industry may face competitive pressure from recycled polyester in the future. At the same time, it may also prompt enterprises to explore more environmentally friendly production and recycling methods.

From the perspective of the market competition landscape, the market for bottle-grade high-viscosity polyester chips is highly competitive and exhibits a certain degree of market concentration. For example, Sinopec, as a long-term leader, possesses profound resources and production capacity in the polyester industry. Although it faces competitive pressures from new entrants, it is expected that through continuous technological innovation and adjustments to market strategies, its market share in the high-viscosity polyester chip market will remain stable and may even increase slightly.

An international enterprise has secured a place in the market with its advanced production technology, high-efficiency environmental protection facilities, and continuous product line expansion. With the growing demand for green products, it is likely to further increase its market share and ranking.

Some domestic enterprises have rapidly emerged in the high-viscosity polyester chip market by investing in research and development and optimizing production processes. It is expected that their market shares will increase significantly in the next few years.

Producers of virgin polyester chips also face a similar competitive environment and need to continuously enhance their competitiveness to establish themselves in the market.


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