Chicago, Nov. 06, 2023 (GLOBE NEWSWIRE) The Global Polyester Fiber Market is expected to be USD 102.2 billion in 2023 and is projected to reach USD 151.6 billion by 2028, at a CAGR of 8.2% from 2023 to 2028, as per the recent study by MarketsandMarkets™. Demand for polyester fiber is rising across a range of applications, including automotive, textile and home furnishing, among others. Additionally, the recyclability of polyester fiber has increased demand for polyester fiber in recent years.