PUBLISHER: Grand View Research | PRODUCT CODE: 1814073
PUBLISHER: Grand View Research | PRODUCT CODE: 1814073
The Middle East polyethylene terephthalate catalyst market size was estimated at USD 13.2 million in 2024 and is projected to reach USD 18.6 million by 2033, growing at a CAGR of 3.9% from 2025 to 2033. The market is driven by increasing demand for sustainable, high-performance plastic packaging across food, beverage, and consumer goods industries.
The region's expanding food & beverage sector, coupled with rising urbanization and disposable incomes, is fueling demand for PET-based bottles, containers, and thermoformed trays, particularly due to their lightweight, durability, and recyclability. In addition, stringent product regulations and corporate sustainability commitments are accelerating the shift toward recycled PET (rPET), supported by advancements in catalyst technologies that enhance polymerization efficiency and material quality. The MEA region's strategic investments in petrochemical infrastructure, particularly in Saudi Arabia, UAE, and South Africa, further bolster PET production capacity, while growing consumer preference for transparent, tamper-proof packaging strengthens PET's dominance over alternatives like PVC and PP.
The market is witnessing robust growth in the MEA automotive sector, driven by the increasing adoption of PET-based materials for interior components, safety systems, and under-the-hood applications. Key demand drivers include stringent product regulations promoting recycled PET usage, the need for lightweight materials to improve fuel efficiency, and PET's superior durability and cost-effectiveness compared to conventional alternatives. Expanding automotive manufacturing hubs across Morocco, South Africa, and Turkey further accelerates demand for high-performance PET in seat belts, airbags, and noise-reducing interior panels. Technological advancements in PET catalysts enable the production of materials with optimal strength and thermal stability, supporting the shift toward sustainable automotive textiles and composites. With automakers increasingly prioritizing eco-friendly and high-performance materials, the PET catalyst market is poised for sustained growth as a critical enabler of next-generation automotive manufacturing in the MEA region.
Middle East Polyethylene Terephthalate Catalyst Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2033. For this study, Grand View Research has segmented the Middle East polyethylene terephthalate catalyst market report based on product, application, and region: