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Polyethylene Terephthalate Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939058
The polyethylene terephthalate market size has grown strongly in recent years. It will grow from $43.22 billion in 2023 to $47.3 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The expansion witnessed in the historical period can be attributed to a heightened demand for packaged foods, a surge in automotive production, and an increased manufacturing output of plastic products.

The polyethylene terephthalate market size is expected to see strong growth in the next few years. It will grow to $67.13 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The anticipated growth in the forecast period is linked to an upsurge in demand from the packaging industry, a rise in the popularity of ready-to-eat products, and the increasing pace of urbanization driving market expansion. Key trends expected in the forecast period encompass the establishment of new recycling plants, strategic partnerships and collaborations, the bio-recycling of PET, and significant investments aimed at expanding facilities.

The increased demand for polyethylene terephthalate in food and beverage packaging, particularly in carbonated soft drink packaging, has been a driving factor in the growth of the polyethylene terephthalate market. Polyethylene terephthalate's versatility in shape and size makes it an ideal choice for bottled drinks and serves as a replacement for glass and metal containers. According to the Plastics Industry Association, a US-based organization representing the plastic industry, there was a 0.9% increase in plastics manufacturing shipments in 2020, followed by a 2.2% increase in 2021. The surge in demand within the food and beverage packaging industry, especially for polyethylene terephthalate, has played a crucial role in driving market growth during the historic period.

Anticipated growth in the polyethylene terephthalate market is further fueled by increasing demand from the automotive sector. The automotive industry, encompassing activities from design to sales, relies on polyethylene terephthalate (PET) for its versatility, durability, and resistance to environmental factors. PET is extensively used in both interior and exterior components of modern vehicles, contributing to their performance, safety, and visual appeal. In May 2023, the European Automobile Manufacturers Association reported that global vehicle production in 2022 reached 85.4 million units, indicating a substantial 5.7% increase compared to 2021. Additionally, Brand Finance plc noted that the automobile sector achieved approximately 78 million unit sales in 2022, marking a significant 10% increase compared to both 2021 and 2020. Consequently, the rising demand from the automotive industry is a key driver for the growth of the polyethylene terephthalate market.


Major corporations are increasingly producing bio-based Polyethylene Terephthalate (PET) utilizing partially recyclable materials. Bio-based PET is a bioplastic material sourced from biomass, offering attributes such as lightweight, recyclability, biodegradability, and reusability. Comprising 30% plant-derived ethanol glycol and 70% terephthalic acid derived from fossils, bio-based PET finds applications in soft drink, alcoholic beverage, food product, cosmetic, pharmaceutical, and edible oil packaging. The drive towards environmentally friendly products, coupled with stringent regulations, has stimulated the demand for bio-based PET. Notably, Eastlon, consisting of 30% renewable raw materials, exhibits similar mechanical and thermal properties as fossil PET, making it a drop-in bioplastic suitable for transparent packaging and bottles. Additionally, Eastlon is 100% recyclable. To further advance bio-based PET production, a demonstration plant with an anticipated capacity of 18,000 tons of biomass will be constructed in Ontario, Canada, aiming to produce 100% bio-based PET bottles by 2020.

Major companies are embracing strategic partnerships to fortify their capabilities, broaden market reach, and sustain competitiveness. These partnerships encompass various forms and objectives, signifying a collaborative effort to leverage each other's strengths and resources for mutual benefits. For instance, in October 2022, Indorama Ventures, a Thailand-based petrochemical company, joined forces with Coca-Cola Beverages Philippines Inc., a US-based beverage company, with the shared goal of establishing the largest PET recycling plant. This strategic collaboration seeks to address plastic waste challenges by reducing plastic waste, closing the loop on the PET lifecycle, meeting the growing demand for recycled PET, creating job opportunities, boosting the local economy, and contributing to environmental sustainability. The establishment of the PET recycling plant signifies a substantial investment in sustainability, aligning with efforts to positively impact the environment.

In June 2021, acquired CarbonLite’s Texas, a US-based PET Recycling Facility, marking a strategic move towards enhancing U.S. recycling capacity. The undisclosed acquisition aims to contribute towards Indorama Ventures' global target of recycling 50 billion bottles (750,000 metric tons) annually by 2025, reinforcing their commitment to sustainable practices in PET recycling.


Major companies operating in the polyethylene terephthalate market report are Indorama Ventures Public Company Limited, Far Eastern New Century Corporation, Alpek S.A.B de C.V, Reliance Industries Limited, SABIC, Nan Ya Plastics Corporation, Lotte Chemical Corporation, China Petroleum & Chemical Corporation, BASF SE, LyondellBasell, Isan Exim Plastotech Private Limited, Overseas Polymers Pvt Ltd., G Polyplast Industries, Zydex Industries, China Resources (Holdings) C0 Ltd., Xinjiang Blue Ridge Tunhe Sci.&Tech. Co Ltd., Equipolymers, Neo Group Uab, and Sibur Holding Pjsc, MOL Group, Polief, JBF Industries, LADA-LIST, FibroGreenPlast, Trident Plastics Inc., Applied Plastics Co., Inc., CS Hyde Company, Ensinger Penn Fiber Inc., Calpex Plastics, Industrial Custom Products, Meyer Plastics, Inc., Plastic Depot, Eastman Chemical Company, Alfa S.A.B. de C.V., Repro Plastics Canada Inc., Farletza S.A., Raymond Huard, Opp Film SA, Companhia Integrada Textil De Pernambuco Citepe, I.V.L Dhunseri Polyester Co., Compania Ecologica Gw S.A.C., Schenker Peru Srl, Horizon Technologies FZE, Astra Polymers, Equate Petrochemical Company, Pepson Plastics, Constantia Flexibles Corporation, Nampak.

Asia-Pacific was the largest region in the polyethylene terephthalate market in 2023. North America was the second-largest region in the global polyethylene terephthalate market. The regions covered in the polyethylene terephthalate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the polyethylene terephthalate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

Polyethylene terephthalate comes in two main product types virgin and recycled. The recycling process involves reusing a material after undergoing various changes or treatments. PET finds applications in diverse sectors, including beverages, sheets and films, consumer goods, food packaging, and others such as cosmetic bottles and household products. Its usage spans across multiple end-use industries, including packaging, electrical and electronics, automotive, construction, and others such as material handling and strapping.

The polyethylene terephthalate market research report is one of a series of new reports that provides polyethylene terephthalate market statistics, including polyethylene terephthalate industry global market size, regional shares, competitors with a polyethylene terephthalate market share, detailed polyethylene terephthalate market segments, market trends and opportunities, and any further data you may need to thrive in the polyethylene terephthalate industry. This polyethylene terephthalate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The polyethylene terephthalate market consists of the sales of polyethylene terephthalate used in the production of PET bottles and jars, carpet, clothing, industrial strapping, rope, and automotive parts. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Polyethylene Terephthalate Market Characteristics3. Polyethylene Terephthalate Market Trends and Strategies
4. Polyethylene Terephthalate Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Polyethylene Terephthalate Market Size and Growth
5.1. Global Polyethylene Terephthalate Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Polyethylene Terephthalate Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Polyethylene Terephthalate Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Polyethylene Terephthalate Market Segmentation
6.1. Global Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Virgin
  • Recycle
6.2. Global Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Beverages
  • Sheets and Films
  • Consumer Goods
  • Food Packaging
  • Other Applications
6.3. Global Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Packaging
  • Electrical & Electronics
  • Automotive
  • Construction
  • Other End Use Industries (Material Handling and Strapping)
7. Polyethylene Terephthalate Market Regional and Country Analysis
7.1. Global Polyethylene Terephthalate Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Polyethylene Terephthalate Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Polyethylene Terephthalate Market
8.1. Asia-Pacific Polyethylene Terephthalate Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Polyethylene Terephthalate Market
9.1. China Polyethylene Terephthalate Market Overview
9.2. China Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Polyethylene Terephthalate Market
10.1. India Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Polyethylene Terephthalate Market
11.1. Japan Polyethylene Terephthalate Market Overview
11.2. Japan Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Polyethylene Terephthalate Market
12.1. Australia Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Polyethylene Terephthalate Market
13.1. Indonesia Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Polyethylene Terephthalate Market
14.1. South Korea Polyethylene Terephthalate Market Overview
14.2. South Korea Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Polyethylene Terephthalate Market
15.1. Western Europe Polyethylene Terephthalate Market Overview
15.2. Western Europe Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Polyethylene Terephthalate Market
16.1. UK Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Polyethylene Terephthalate Market
17.1. Germany Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Polyethylene Terephthalate Market
18.1. France Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Polyethylene Terephthalate Market
19.1. Italy Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Polyethylene Terephthalate Market
20.1. Spain Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Polyethylene Terephthalate Market
21.1. Eastern Europe Polyethylene Terephthalate Market Overview
21.2. Eastern Europe Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Polyethylene Terephthalate Market
22.1. Russia Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Polyethylene Terephthalate Market
23.1. North America Polyethylene Terephthalate Market Overview
23.2. North America Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Polyethylene Terephthalate Market
24.1. USA Polyethylene Terephthalate Market Overview
24.2. USA Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Polyethylene Terephthalate Market
25.1. Canada Polyethylene Terephthalate Market Overview
25.2. Canada Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Polyethylene Terephthalate Market
26.1. South America Polyethylene Terephthalate Market Overview
26.2. South America Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Polyethylene Terephthalate Market
27.1. Brazil Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Polyethylene Terephthalate Market
28.1. Middle East Polyethylene Terephthalate Market Overview
28.2. Middle East Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Polyethylene Terephthalate Market
29.1. Africa Polyethylene Terephthalate Market Overview
29.2. Africa Polyethylene Terephthalate Market, Segmentation by Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Polyethylene Terephthalate Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Polyethylene Terephthalate Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Polyethylene Terephthalate Market Competitive Landscape and Company Profiles
30.1. Polyethylene Terephthalate Market Competitive Landscape
30.2. Polyethylene Terephthalate Market Company Profiles
30.2.1. Indorama Ventures Public Company Limited
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Far Eastern New Century Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Alpek S.A.B de C.V
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Reliance Industries Limited
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. SABIC
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Polyethylene Terephthalate Market Other Major and Innovative Companies
31.1. Nan Ya Plastics Corporation
31.2. Lotte Chemical Corporation
31.3. China Petroleum & Chemical Corporation
31.4. BASF SE
31.5. LyondellBasell
31.6. Isan Exim Plastotech Private Limited
31.7. Overseas Polymers Pvt Ltd
31.8. G Polyplast Industries
31.9. Zydex Industries
31.10. China Resources (Holdings) C0 Ltd
31.11. Xinjiang Blue Ridge Tunhe Sci.&Tech. Co Ltd
31.12. Equipolymers, Neo Group Uab, and Sibur Holding Pjsc
31.13. MOL Group
31.14. Polief
31.15. JBF Industries
32. Global Polyethylene Terephthalate Market Competitive Benchmarking33. Global Polyethylene Terephthalate Market Competitive Dashboard34. Key Mergers and Acquisitions in the Polyethylene Terephthalate Market
35. Polyethylene Terephthalate Market Future Outlook and Potential Analysis
35.1 Polyethylene Terephthalate Market in 2028 - Countries Offering Most New Opportunities
35.2 Polyethylene Terephthalate Market in 2028 - Segments Offering Most New Opportunities
35.3 Polyethylene Terephthalate Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Polyethylene Terephthalate Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on polyethylene terephthalate market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for polyethylene terephthalate? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Product Type: Virgin; Recycle
2) By Application: Beverages; Sheets and Films; Consumer Goods; Food Packaging; Other Applications
3) By End-user Industry: Packaging; Electrical and Electronics; Automotive; Construction; Other End Uses Industries

Key Companies Mentioned: Indorama Ventures Public Company Limited; Far Eastern New Century Corporation; Alpek S.A.B de C.V; Reliance Industries Limited; SABIC

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • Indorama Ventures Public Company Limited
  • Far Eastern New Century Corporation
  • Alpek S.A.B de C.V
  • Reliance Industries Limited
  • SABIC
  • Nan Ya Plastics Corporation
  • Lotte Chemical Corporation
  • China Petroleum & Chemical Corporation
  • BASF SE
  • LyondellBasell
  • Isan Exim Plastotech Private Limited
  • Overseas Polymers Pvt Ltd
  • G Polyplast Industries
  • Zydex Industries
  • China Resources (Holdings) C0 Ltd
  • Xinjiang Blue Ridge Tunhe Sci.&Tech. Co Ltd
  • Equipolymers
  • Neo Group Uab
  • Sibur Holding Pjsc
  • MOL Group
  • Polief
  • JBF Industries
  • LADA-LIST
  • FibroGreenPlast
  • Trident Plastics Inc.
  • Applied Plastics Co., Inc.
  • CS Hyde Company
  • Ensinger Penn Fiber Inc.
  • Calpex Plastics
  • Industrial Custom Products
  • Meyer Plastics, Inc.
  • Plastic Depot
  • Eastman Chemical Company
  • Alfa S.A.B. de C.V.
  • Repro Plastics Canada Inc.
  • Farletza S.A.
  • Raymond Huard
  • Opp Film SA
  • Companhia Integrada Textil De Pernambuco Citepe
  • I.V.L Dhunseri Polyester Co.
  • Compania Ecologica Gw S.A.C.
  • Schenker Peru Srl
  • Horizon Technologies FZE
  • Astra Polymers
  • Equate Petrochemical Company
  • Pepson Plastics
  • Constantia Flexibles Corporation
  • Nampak.

Table Information