In this age of polymer, polyester still conquered the leading position amongst the other manmade polymers. Polyester has become the focus of interdisciplinary research and received considerable attention due to their unique chemical and physical properties as well as their potential applications. Also, we accomplished from the recent researches that polyester is involved either in one or the other form in many works. Thus we show our deliberation to make a platform for those researchers who show interest in work on polyesters, where they find enough basics related to polyesters and its current scenario. In this framework, this review provides the extractive information’s about the polyesters, which covers from to its development, chemistry, application fields up to the methods of recycling used in present scenario.