Polyester
Index
Polyesters are condensation polymers formed when an alcohol reacts with an acid as shown in the diagram. The condensation product (green box) is water. For the polyester to be formed the resulting ester must be bifunctional, which requires that both the acid and the alcohol must be bifunctional. 

The lower diagram is for the commercially important polyester, PET, polyethylene terphthalate, formed from the condensation reaction between ethylene glycol and terephthalic acid. In fiber form this material is known by the Dacron trademark. It is also used in the form of sheets with the Mylar trademark.

PET has a density of about 1.3 Mg/m3, a Young's modulus of 3 GPa, Yield stress of 60 MPa, a UTS of 60 MPa, and an elongation to fracture of 30%.

From: Stine, "Applied Chemistry," Heath (1994)