PUBLISHER: The Business Research Company | PRODUCT CODE: 1927129
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927129
Polyethylene terephthalate (PET) is a robust, rigid synthetic fiber and resin that belongs to the polyester family of polymers. It is formed through the polymerization of ethylene glycol with terephthalic acid. Polybutylene terephthalate (PBT) resin, on the other hand, is a crystalline synthetic resin created by the polymerization of butanediol and terephthalic acid. Both PET and PBT resins are extensively used in the production of lightweight plastics for packaging food and beverages, as well as soft drinks.
The primary types within the polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resins market are transparent and non-transparent PET, as well as recycled PET. Transparent PET refers to non-crystalline PET with high transparency, while non-transparent PET is crystalline PET that has an opaque nature. Various applications for PET include bottles, films, food packaging, and other uses. PBT finds applications in electrical and electronics, automotive, consumer appliances, and other sectors.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the PET and PBT resins market by increasing costs of imported raw monomers, catalysts, recycled feedstock, and processing equipment. Beverage packaging and electronics manufacturers in North America and Europe are most affected due to reliance on global resin supply, while Asia-Pacific faces cost pressure on export-oriented resin production. These tariffs are increasing packaging costs and impacting supply contracts. However, they are also encouraging domestic resin manufacturing, recycled PET investments, and regional supply chain localization.
The polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market research report is one of a series of new reports from The Business Research Company that provides polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market statistics, including polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins industry global market size, regional shares, competitors with a polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market share, detailed polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market segments, market trends and opportunities, and any further data you may need to thrive in the polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins industry. This polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market size has grown rapidly in recent years. It will grow from $52.78 billion in 2025 to $58.78 billion in 2026 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to growth of bottled beverage consumption, expansion of food packaging industries, increasing use of pet in textiles and films, rising adoption of pbt in electronics, availability of large-scale polymerization facilities.
The polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market size is expected to see rapid growth in the next few years. It will grow to $88.56 billion in 2030 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to increasing sustainability regulations on plastic packaging, rising demand for recyclable food-grade plastics, expansion of electric vehicle electronics applications, growing investments in recycled resin capacity, increasing adoption of lightweight polymer solutions. Major trends in the forecast period include increasing adoption of recycled pet materials, rising demand for lightweight packaging solutions, growing use of pbt in electrical components, expansion of food and beverage packaging applications, enhanced focus on resin purity and performance.
The growing use of highly recyclable plastic resins is expected to drive the growth of the polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resins market. Recyclable plastic resins can be collected, processed, and reused to create new products, making them more sustainable than single-use or non-recyclable materials. PET and PBT are thermoplastic polymers that can be recycled multiple times without significant loss of properties. For instance, in August 2025, according to PepsiCo, several major global beverage and FMCG companies have pledged to use 50% recycled content in their plastic packaging by 2030. Therefore, the increasing demand for PET in packaging is propelling the growth of the PET and PBT resins market.
Major companies in the PET and PBT resins market are developing innovative solutions such as fully recycled PET (rPET) packaging to enhance sustainability, reduce reliance on virgin plastics, and support circular-economy initiatives. Fully recycled PET packaging is manufactured entirely from post-consumer recycled PET, significantly reducing waste, energy consumption, and carbon emissions compared to conventional PET. For instance, in October 2023, Coca-Cola, a US-based beverage company, launched fully recycled PET bottles in the carbonated beverage category, offering Coca-Cola in 100% rPET bottles in 250 ml and 750 ml pack sizes.
In August 2023, Neste Oyj, a Finland-based provider of renewable feedstock and circular polymer solutions, partnered with Suntory, ENEOS Corporation, and Mitsubishi Corporation to produce renewable PET resin at a commercial scale. The partnership aims to establish a sustainable supply chain for bio-based PET, replacing fossil feedstock with waste-derived raw materials to reduce carbon footprint and support circular plastics production for beverage bottles. ENEOS Corporation is a Japan-based energy and petrochemicals company, Suntory Holdings Limited is a Japan-based consumer products company, and Mitsubishi Corporation is a Japan-based integrated trading and investment company.
Major companies operating in the polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market are Saudi Basic Industries Corporation (SABIC), BASF SE, Indorama Ventures Public Company Limited, Mitsubishi Chemical Corporation, Toray Industries, Inc., Jiangsu Sanfangxiang Group Co., Ltd., M&G Chemicals SA, Nan Ya Plastics Corporation, Reliance Industries Limited, Far Eastern New Century Corporation, RTP Company Inc., Kolon Plastics Inc., Celanese Corporation, Alpek S.A.B. de C.V., Lanxess Corporation, LyondellBasell Industries N.V., Eastman Chemical Company, Formosa Plastics Group, JBF Industries Ltd., Polyplex Corporation Ltd., Chang Chun Group, Hengli Group Co., Ltd., Wuxi Xingsheng New Material Technology Co., Ltd., China National BlueStar (Group) Co., Ltd.
Asia-Pacific was the largest region in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market in 2025. North America was the second-largest region in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market. The regions covered in the polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market consists of sales of thermoforming and glass fiber. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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