PUBLISHER: Lucintel | PRODUCT CODE: 1153988
PUBLISHER: Lucintel | PRODUCT CODE: 1153988
Polyethylene Terephthalate Market Trends and Forecast
The future of the polyethylene terephthalate resin market looks promising with opportunities in the food and beverages, consumer goods, industrial, medical, electrical and electronics, and textile end uses. The global polyethylene terephthalate resin market is expected to reach an estimated $42.5 billion by 2027 with a CAGR of 5.4% from 2021 to 2027. The major drivers for this market are growing demand for application in packaging for water, carbonated soft drinks, pharmaceuticals and other food & beverages in developing countries.
Emerging Trends in the Polyethylene Terephthalate Resin Market
Emerging trend, which have a direct impact on the dynamics of the industry, include bio based PET.
A total of 116 figures / charts and 102 tables are provided in this 214-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the polyethylene terephthalate resin market report.
Polyethylene Terephthalate Resin Market by Segment
Polyethylene Terephthalate Resin Market by End Use [Value ($M) and Volume (KT) shipment analysis for 2016 - 2027]:
Polyethylene Terephthalate Resin Market by Product Type [Value ($M) and Volume (KT) shipment analysis for 2016 - 2027]:
Polyethylene Terephthalate Resin Market by Region [Value ($M) and Volume (KT) shipment analysis for 2016 - 2027]:
US
Canada
Mexico
Germany
The United Kingdom
France
Russia
China
Japan
India
South Korea
Middle East and Africa
South America
List of Polyethylene Terephthalate Resin Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyethylene terephthalate resin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyethylene terephthalate resin companies profiled in this report includes.
Polyethylene Terephthalate Resin Market Insight
Features of Polyethylene Terephthalate Resin Fiber Market
FAQ
Q1. What is the polyethylene terephthalate resin market size?
Answer: The global polyethylene terephthalate resin market is expected to reach an estimated $42.2 billion by 2027.
Q2. What is the growth forecast for polyethylene terephthalate resin market?
Answer: The polyethylene terephthalate resin market is expected to grow at a CAGR of 5.4% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the polyethylene terephthalate resin market?
Answer: The major drivers for this market are growing demand for application in packaging for water, carbonated soft drinks, pharmaceuticals and other food & beverages in developing countries.
Q4. What are the major end uses for polyethylene terephthalate?
Answer: food and beverage and consumer goods are the major end uses for polyethylene terephthalate.
Q5. What are the emerging trends in polyethylene terephthalate resin market?
Answer: Emerging trend, which have a direct impact on the dynamics of the industry, include bio based polyethylene terephthalate resin.
Q6. Who are the key polyethylene terephthalate resin companies?
Answer: Some of the key polyethylene terephthalate resin companies are as follows:
Q7. Which polyethylene terephthalate resin product type segment will be the largest in future?
Answer: Lucintel forecasts that bottle will remain the largest segment due to its wide application area in food and beverage and consumer goods industries.
Q8 : In polyethylene terephthalate resin market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.