Need help finding what you are looking for?
Contact Us
PUBLISHER: KBV Research | PRODUCT CODE: 1457253
PUBLISHER: KBV Research | PRODUCT CODE: 1457253
Europe Polyethylene Terephthalate (PET) Market Size, Share & Trends Analysis Report By Type (Virgin and Recycled), By Application (Packaging, Automotive, Construction, Medical, and Others), By Country and Growth Forecast, 2023 - 2030
PUBLISHED:
PAGES: 130 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
The Europe Polyethylene Terephthalate (PET) Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 4,841.8 Kilo Tonnes, showcasing a growth of 2.5% (2019-2022).
In the market, "recycled" refers to PET resin that has been recovered from post-consumer or post-industrial waste sources and processed for reuse in new products. Recycled PET (rPET) offers significant environmental benefits compared to virgin PET, as it reduces the demand for raw materials, conserves energy, and diverts plastic waste from landfills or incineration. rPET is commonly used in a variety of applications, including packaging, textiles, and automotive components, where sustainability and resource efficiency are paramount considerations. Therefore, the UK Market consumed 273.57 Kilo Tonnes recycled PET in 2022.
The Germany market dominated the Europe Polyethylene Terephthalate (PET) Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,858 Million by 2030. The UK market is exhibiting a CAGR of 4.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.8% during (2023 - 2030).
As consumer preferences evolve, customization and design innovations have become key trends in the market. Manufacturers are exploring novel shapes, sizes, and labeling techniques to differentiate their products and meet the aesthetic preferences of diverse consumer segments. Consumers are placing greater emphasis on the visual appeal of products. PET manufacturers are responding by exploring innovative designs, vibrant colors, and eye-catching patterns to enhance the aesthetic appeal of their products. Beyond aesthetics, functional customization is gaining prominence.
Innovations in PET formulations seek to enhance its barrier properties, making it suitable for a broader range of applications, including packaging solutions requiring improved resistance to gases, moisture, and external contaminants. Incorporating functional additives into PET formulations is driving innovations in specialty applications. These additives impart specific properties, such as flame resistance, UV resistance, or antimicrobial features, expanding the scope of PET in niche markets.
As per the Office for National Statistics, the United Kingdom, the cost of new construction projects in Great Britain increased significantly (15.3%) in 2021 after declining by 15.9% in 2020 to reach £100,199 million. The largest drivers of the annual increase-private housing, private infrastructure, and new public infrastructure-increased by 23.7%, 28.1%, and 37.4%, respectively. Therefore, Europe's rising construction and pharmaceutical sectors will boost the region's demand for PET.
Based on Type, the market is segmented into Virgin and Recycled. Based on Application, the market is segmented into Packaging, Automotive, Construction, Medical, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Lanxess AG
- LOTTE Chemical Corporation (LOTTE Corp.)
- DuPont de Nemours, Inc.
- LyondellBasell Industries Holdings B.V.
- BASF SE
- Indorama Ventures Public Company Limited (Indorama Resources Ltd.)
- RTP Company, Inc.
- SABIC (Saudi Arabian Oil Company)
- Nan Ya Plastics Corp. (NPC)
- Koninklijke DSM N.V.
Europe Polyethylene Terephthalate (PET) Market Report Segmentation
By Type (Volume, kilo Tonnes, USD Billion, 2019-2030)
- Virgin
- Recycled
By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)
- Packaging
- Automotive
- Construction
- Medical
- Others
By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Europe Polyethylene Terephthalate (PET) Market, by Type
- 1.4.2Europe Polyethylene Terephthalate (PET) Market, by Application
- 1.4.3Europe Polyethylene Terephthalate (PET) Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.Europe Polyethylene Terephthalate (PET) Market by Type
- 4.1Europe Virgin Market by Country
- 4.2Europe Recycled Market by Country
Chapter 5.Europe Polyethylene Terephthalate (PET) Market by Application
- 5.1Europe Packaging Market by Country
- 5.2Europe Automotive Market by Country
- 5.3Europe Construction Market by Country
- 5.4Europe Medical Market by Country
- 5.5Europe Others Market by Country
Chapter 6.Europe Polyethylene Terephthalate (PET) Market by Country
- 6.1Germany Polyethylene Terephthalate (PET) Market
- 6.1.1Germany Polyethylene Terephthalate (PET) Market by Type
- 6.1.2Germany Polyethylene Terephthalate (PET) Market by Application
- 6.2UK Polyethylene Terephthalate (PET) Market
- 6.2.1UK Polyethylene Terephthalate (PET) Market by Type
- 6.2.2UK Polyethylene Terephthalate (PET) Market by Application
- 6.3France Polyethylene Terephthalate (PET) Market
- 6.3.1France Polyethylene Terephthalate (PET) Market by Type
- 6.3.2France Polyethylene Terephthalate (PET) Market by Application
- 6.4Russia Polyethylene Terephthalate (PET) Market
- 6.4.1Russia Polyethylene Terephthalate (PET) Market by Type
- 6.4.2Russia Polyethylene Terephthalate (PET) Market by Application
- 6.5Spain Polyethylene Terephthalate (PET) Market
- 6.5.1Spain Polyethylene Terephthalate (PET) Market by Type
- 6.5.2Spain Polyethylene Terephthalate (PET) Market by Application
- 6.6Italy Polyethylene Terephthalate (PET) Market
- 6.6.1Italy Polyethylene Terephthalate (PET) Market by Type
- 6.6.2Italy Polyethylene Terephthalate (PET) Market by Application
- 6.7Rest of Europe Polyethylene Terephthalate (PET) Market
- 6.7.1Rest of Europe Polyethylene Terephthalate (PET) Market by Type
- 6.7.2Rest of Europe Polyethylene Terephthalate (PET) Market by Application
Chapter 7.Company Profiles
- 7.1Lanxess AG
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5Recent strategies and developments:
- 7.1.5.1Acquisition and Mergers:
- 7.1.6SWOT Analysis
- 7.2LOTTE Chemical Corporation (LOTTE Corp.)
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4Research & Development Expenses
- 7.3DuPont de Nemours, Inc.
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expense
- 7.3.5SWOT Analysis
- 7.4LyondellBasell Industries Holdings B.V.
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental and Regional Analysis
- 7.4.4Research & Development Expenses
- 7.4.5Recent strategies and developments:
- 7.4.5.1Product Launches and Product Expansions:
- 7.4.6SWOT Analysis
- 7.5BASF SE
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Research & Development Expense
- 7.5.5SWOT Analysis
- 7.6Indorama Ventures Public Company Limited (Indorama Resources Ltd.)
- 7.6.1Company Overview
- 7.6.2Financial Analysis
- 7.6.3Recent strategies and developments:
- 7.6.3.1Geographical Expansions:
- 7.6.4SWOT Analysis
- 7.7RTP Company, Inc.
- 7.7.1Company Overview
- 7.7.2SWOT Analysis
- 7.8SABIC (Saudi Arabian Oil Company)
- 7.8.1Company Overview
- 7.8.2Financial Analysis
- 7.8.3Segmental and Regional Analysis
- 7.8.4Recent strategies and developments:
- 7.8.4.1Product Launches and Product Expansions:
- 7.8.5SWOT Analysis
- 7.9Nan Ya Plastics Corp. (NPC)
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.9.4SWOT Analysis
- 7.10.Koninklijke DSM N.V.
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Segmental and Regional Analysis
- 7.10.4Research & Development Expense
- 7.10.5SWOT Analysis
LIST OF TABLES
- TABLE 1Europe Polyethylene Terephthalate (PET) Market, 2019 - 2022, USD Million
- TABLE 2Europe Polyethylene Terephthalate (PET) Market, 2023 - 2030, USD Million
- TABLE 3Europe Polyethylene Terephthalate (PET) Market, 2019 - 2022, Kilo Tonnes
- TABLE 4Europe Polyethylene Terephthalate (PET) Market, 2023 - 2030, Kilo Tonnes
- TABLE 5Europe Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, USD Million
- TABLE 6Europe Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, USD Million
- TABLE 7Europe Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 8Europe Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 9Europe Virgin Market by Country, 2019 - 2022, USD Million
- TABLE 10Europe Virgin Market by Country, 2023 - 2030, USD Million
- TABLE 11Europe Virgin Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 12Europe Virgin Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 13Europe Recycled Market by Country, 2019 - 2022, USD Million
- TABLE 14Europe Recycled Market by Country, 2023 - 2030, USD Million
- TABLE 15Europe Recycled Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 16Europe Recycled Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 17Europe Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, USD Million
- TABLE 18Europe Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, USD Million
- TABLE 19Europe Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 20Europe Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 21Europe Packaging Market by Country, 2019 - 2022, USD Million
- TABLE 22Europe Packaging Market by Country, 2023 - 2030, USD Million
- TABLE 23Europe Packaging Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 24Europe Packaging Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 25Europe Automotive Market by Country, 2019 - 2022, USD Million
- TABLE 26Europe Automotive Market by Country, 2023 - 2030, USD Million
- TABLE 27Europe Automotive Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 28Europe Automotive Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 29Europe Construction Market by Country, 2019 - 2022, USD Million
- TABLE 30Europe Construction Market by Country, 2023 - 2030, USD Million
- TABLE 31Europe Construction Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 32Europe Construction Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 33Europe Medical Market by Country, 2019 - 2022, USD Million
- TABLE 34Europe Medical Market by Country, 2023 - 2030, USD Million
- TABLE 35Europe Medical Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 36Europe Medical Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 37Europe Others Market by Country, 2019 - 2022, USD Million
- TABLE 38Europe Others Market by Country, 2023 - 2030, USD Million
- TABLE 39Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 40Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 41Europe Polyethylene Terephthalate (PET) Market by Country, 2019 - 2022, USD Million
- TABLE 42Europe Polyethylene Terephthalate (PET) Market by Country, 2023 - 2030, USD Million
- TABLE 43Europe Polyethylene Terephthalate (PET) Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 44Europe Polyethylene Terephthalate (PET) Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 45Germany Polyethylene Terephthalate (PET) Market, 2019 - 2022, USD Million
- TABLE 46Germany Polyethylene Terephthalate (PET) Market, 2023 - 2030, USD Million
- TABLE 47Germany Polyethylene Terephthalate (PET) Market, 2019 - 2022, Kilo Tonnes
- TABLE 48Germany Polyethylene Terephthalate (PET) Market, 2023 - 2030, Kilo Tonnes
- TABLE 49Germany Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, USD Million
- TABLE 50Germany Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, USD Million
- TABLE 51Germany Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 52Germany Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 53Germany Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, USD Million
- TABLE 54Germany Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, USD Million
- TABLE 55Germany Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 56Germany Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 57UK Polyethylene Terephthalate (PET) Market, 2019 - 2022, USD Million
- TABLE 58UK Polyethylene Terephthalate (PET) Market, 2023 - 2030, USD Million
- TABLE 59UK Polyethylene Terephthalate (PET) Market, 2019 - 2022, Kilo Tonnes
- TABLE 60UK Polyethylene Terephthalate (PET) Market, 2023 - 2030, Kilo Tonnes
- TABLE 61UK Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, USD Million
- TABLE 62UK Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, USD Million
- TABLE 63UK Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 64UK Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 65UK Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, USD Million
- TABLE 66UK Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, USD Million
- TABLE 67UK Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 68UK Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 69France Polyethylene Terephthalate (PET) Market, 2019 - 2022, USD Million
- TABLE 70France Polyethylene Terephthalate (PET) Market, 2023 - 2030, USD Million
- TABLE 71France Polyethylene Terephthalate (PET) Market, 2019 - 2022, Kilo Tonnes
- TABLE 72France Polyethylene Terephthalate (PET) Market, 2023 - 2030, Kilo Tonnes
- TABLE 73France Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, USD Million
- TABLE 74France Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, USD Million
- TABLE 75France Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 76France Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 77France Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, USD Million
- TABLE 78France Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, USD Million
- TABLE 79France Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 80France Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 81Russia Polyethylene Terephthalate (PET) Market, 2019 - 2022, USD Million
- TABLE 82Russia Polyethylene Terephthalate (PET) Market, 2023 - 2030, USD Million
- TABLE 83Russia Polyethylene Terephthalate (PET) Market, 2019 - 2022, Kilo Tonnes
- TABLE 84Russia Polyethylene Terephthalate (PET) Market, 2023 - 2030, Kilo Tonnes
- TABLE 85Russia Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, USD Million
- TABLE 86Russia Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, USD Million
- TABLE 87Russia Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 88Russia Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 89Russia Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, USD Million
- TABLE 90Russia Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, USD Million
- TABLE 91Russia Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 92Russia Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 93Spain Polyethylene Terephthalate (PET) Market, 2019 - 2022, USD Million
- TABLE 94Spain Polyethylene Terephthalate (PET) Market, 2023 - 2030, USD Million
- TABLE 95Spain Polyethylene Terephthalate (PET) Market, 2019 - 2022, Kilo Tonnes
- TABLE 96Spain Polyethylene Terephthalate (PET) Market, 2023 - 2030, Kilo Tonnes
- TABLE 97Spain Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, USD Million
- TABLE 98Spain Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, USD Million
- TABLE 99Spain Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 100Spain Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 101Spain Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, USD Million
- TABLE 102Spain Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, USD Million
- TABLE 103Spain Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 104Spain Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 105Italy Polyethylene Terephthalate (PET) Market, 2019 - 2022, USD Million
- TABLE 106Italy Polyethylene Terephthalate (PET) Market, 2023 - 2030, USD Million
- TABLE 107Italy Polyethylene Terephthalate (PET) Market, 2019 - 2022, Kilo Tonnes
- TABLE 108Italy Polyethylene Terephthalate (PET) Market, 2023 - 2030, Kilo Tonnes
- TABLE 109Italy Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, USD Million
- TABLE 110Italy Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, USD Million
- TABLE 111Italy Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 112Italy Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 113Italy Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, USD Million
- TABLE 114Italy Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, USD Million
- TABLE 115Italy Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 116Italy Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 117Rest of Europe Polyethylene Terephthalate (PET) Market, 2019 - 2022, USD Million
- TABLE 118Rest of Europe Polyethylene Terephthalate (PET) Market, 2023 - 2030, USD Million
- TABLE 119Rest of Europe Polyethylene Terephthalate (PET) Market, 2019 - 2022, Kilo Tonnes
- TABLE 120Rest of Europe Polyethylene Terephthalate (PET) Market, 2023 - 2030, Kilo Tonnes
- TABLE 121Rest of Europe Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, USD Million
- TABLE 122Rest of Europe Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, USD Million
- TABLE 123Rest of Europe Polyethylene Terephthalate (PET) Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 124Rest of Europe Polyethylene Terephthalate (PET) Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 125Rest of Europe Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, USD Million
- TABLE 126Rest of Europe Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, USD Million
- TABLE 127Rest of Europe Polyethylene Terephthalate (PET) Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 128Rest of Europe Polyethylene Terephthalate (PET) Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 129Key Information - Lanxess AG
- TABLE 130Key Information - Lotte Chemical Corporation
- TABLE 131Key Information -DuPont de Nemours, Inc.
- TABLE 132Key Information - LyondellBasell Industries Holdings B.V.
- TABLE 133Key Information - BASF SE
- TABLE 134Key Information - Indorama Ventures Public Company Limited
- TABLE 135Key Information - RTP Company, Inc.
- TABLE 136Key Information - SABIC
- TABLE 137Key Information - Nan Ya Plastics Corp. (NPC)
- TABLE 138Key Information - Koninklijke DSM N.V.
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.