The objective of this study was to investigate biodegradation of TPA(terephthalic acid) and EG (ethylene glycol), treatment efficiency of polyester weight loss wastewater and microbial characteristics by aerated submerged biolfilm(ASB) p.rocess. In a batch reactor, pH increased from 7.0 to 8. 5 in the biodegradation of TPA. Whereas, in case of EG, decreased from 7.0 to 5.2. COD concentration rapidly decreased within 24hr in the biodegradation of TPA and EG. COD removal velocity constant(k) were 0.065-0.088 hr$^{-1}$. The biodegradation velocity of TPA was 1.4 times faster than that of EG. The ratio of suspended biomass to the total biomass in the reactor was 18.3-33.3%, increased as a high ratio of EG content. Biofilm thickness, biofilm dry density and attached biomass were 346-432 $mu$m, 41.8-61.9 mg/cm$^3$, 1.45-2.67 mg/cm$^2$, respectively. There values increased as a high ratio of TPA content. In the hydraulic retention time of 36 hr, organic loading rate of 4 kgCOD/m$^3cdot$ day and packing ratio of 70%, the effluent concentrations of TCOD, SCOD in a continuous flow reator were 1,388 mg/l, 147 mg/l and removal efficiencies were 77%, 97.6%, respectively.