PUBLISHER: GlobalData | PRODUCT CODE: 1164888
PUBLISHER: GlobalData | PRODUCT CODE: 1164888
Global Polyethylene Terephthalate (PET) capacity is poised to see moderate growth over the next five years, potentially increasing from 32.31 mtpa in 2021 to 41.02 mtpa in 2026. Around 20 planned and announced PET projects are expected to come online, predominantly in Asia, followed by the Middle East. Among countries, China is expected to lead PET capacity additions by 2026, followed by India and the US. Zhejiang Rongsheng Holding Group Co Ltd, Reliance Industries Ltd, and Full Apex (Holdings) Ltd are the top three companies by planned and announced PET capacity additions globally over the upcoming years.