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Crystalline Polyethylene Terephthalate (PET) is a type of plastic used in a wide range of applications. It is a thermoplastic polymer that is lightweight, strong, and resistant to many chemicals. PET is used to make bottles, containers, and packaging for food and beverages, as well as for medical and pharmaceutical products. It is also used in the production of textiles, automotive parts, and electronics. PET is a recyclable material, making it an environmentally friendly choice for many applications.
PET is produced by a process called polycondensation, which involves the reaction of two monomers, ethylene glycol and terephthalic acid. The resulting polymer is then crystallized and molded into the desired shape.
The PET market is highly competitive, with many companies offering a variety of products. Some of the major players in the market include Eastman Chemical Company, Indorama Ventures, SABIC, and Toray Industries. Other companies in the market include BASF, DuPont, Mitsubishi Chemical, and Teijin Limited. Show Less Read more