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Global Polyethylene Terephthalate Market Report By Application (Beverages Packaging, Sheets & Films, Consumer Goods, Food Packaging, Non-Food Packaging, Others), By End-Use Industry (Packaging, Electrical & Electronics, Automotive, Construction, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027
ID:VMR11214103
January 2021
Report Formats:
Polyethylene terephthalate (PET) is thermoplastic polyester vastly used in diverse textile fibers, films, bottles, and other moulded products. The primary reason for the extensive use of PET is the possibility of producing many different grades over a greater range of molecular weights in a single multiproduct polymerization plant.
THE PACKAGING APPLICATION EMERGED AS THE LARGEST SEGMENT IN 2020, ACCOUNTING FOR A MARKET SHARE OF OVER 30%.
Polyethylene terephthalate has become the world’s choice in the packaging sector. It is used for the packaging of many products used in our day to day life. It is prominently used for food and beverages packaging as it is lightweight, hygienic, and strong, retains the product's freshness, and does not shatter. It is most commonly used for the packaging of water and carbonated soft drinks.
THE ASIA PACIFIC DOMINATED THE POLYETHYLENE TEREPHTHALATE MARKET IN 2020, ACCOUNTING FOR A MARKET SHARE OF 40%.
The Asia Pacific is not only the world's biggest consumer but also the biggest producer. China and India primarily drive the Asia Pacific. The driving factor for the use of PET in the Asia Pacific is the ever-expanding consumer base, growing disposable income, and changing lifestyle. PET is consumed more due to increased demand for on-the-go packaging, which is lightweight, easy to use, and smaller.
PROMINENT PLAYERS IN THE MARKET:
The global polyethylene terephthalate market is dominated by Indorama Ventures, MG Chemical, Zhejiang Yisheng Petrochemical Co., Sang Fang Xiang, and DAK America. Other prominent players are Toray Industries, Jiangsu Sanfangxiang Group, Far Eastern New Century, Quadrant AG, Tray-Pak Corporation, and Eastman Chemical Company.
The global polyethylene terephthalate market size was valued at USD 25000 million in 2020 and is expected to grow at a CAGR of over 7.5% during 2021 to 2027.
Polyethylene terephthalate (PET or PETE) is a naturally transparent and semi-crystalline polymer. It is synthesized by the polymerization of ethylene glycol and terephthalic acid. PET has become the most widely used, versatile, and believed polymer materials globally. It is regarded as a safe, strong, lightweight, flexible, and non-toxic material easily recycled. PET offers good heat resistance, low creep at elevated temperatures, good stability, excellent resistance towards chemicals, and good color stability and wear properties.
Market Dynamics
The global polyethylene terephthalate market is anticipated to grow at a healthy pace during the forecast period. Booming end-use industries and expanding consumer base are steering demand for polyethylene terephthalate globally. Polyethylene Terephthalate is broadly used across industries due to its superior properties. The majority of PET is consumed in packaging, household, domestic products, electrical and electronic goods. There is also significant consumption of PET for the building and construction industry and automotive industry. Over the recent years, the number of different PET products has been increasing due to the glass and metal containers replacement with PET, resulting in more significant PET volume calls. However, competitor substitutes and stringent environmental regulations are expected to impact the market negatively.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of polyethylene terephthalate.
Market Segmentation
The entire Polyethylene Terephthalate market has been sub-categorized into application, end-use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Application
This section covers regional segmentation which accentuates on current and future demand for polyethylene terephthalate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Polyethylene Terephthalate Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Polyethylene Terephthalate market include Toray Industries, M&G Group, Jiangsu Sanfangxiang Group, Far Eastern New Century, Quadrant AG, Tray-Pak Corporation, Verdeco Recycling Inc., Eastman Chemical Company, lpek S.A.B de C.V., Reliance Industries Ltd., and Dhunseri Petrochem Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
Polyethylene terephthalate (PET or PETE) is a naturally transparent and semi-crystalline polymer. It is synthesized by the polymerization of ethylene glycol and terephthalic acid. PET has become the most widely used, versatile, and believed polymer materials globally. It is regarded as a safe, strong, lightweight, flexible, and non-toxic material easily recycled. PET offers good heat resistance, low creep at elevated temperatures, good stability, excellent resistance towards chemicals, and good color stability and wear properties.
Market Dynamics
The global polyethylene terephthalate market is anticipated to grow at a healthy pace during the forecast period. Booming end-use industries and expanding consumer base are steering demand for polyethylene terephthalate globally. Polyethylene Terephthalate is broadly used across industries due to its superior properties. The majority of PET is consumed in packaging, household, domestic products, electrical and electronic goods. There is also significant consumption of PET for the building and construction industry and automotive industry. Over the recent years, the number of different PET products has been increasing due to the glass and metal containers replacement with PET, resulting in more significant PET volume calls. However, competitor substitutes and stringent environmental regulations are expected to impact the market negatively.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of polyethylene terephthalate.
Market Segmentation
The entire Polyethylene Terephthalate market has been sub-categorized into application, end-use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Application
- Beverages Packaging
- Sheets & Films
- Consumer Goods
- Food Packaging
- Non-Food Packaging
- Others
- Packaging
- Electrical & Electronics
- Automotive
- Construction
- Others
This section covers regional segmentation which accentuates on current and future demand for polyethylene terephthalate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Polyethylene Terephthalate Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Polyethylene Terephthalate market include Toray Industries, M&G Group, Jiangsu Sanfangxiang Group, Far Eastern New Century, Quadrant AG, Tray-Pak Corporation, Verdeco Recycling Inc., Eastman Chemical Company, lpek S.A.B de C.V., Reliance Industries Ltd., and Dhunseri Petrochem Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . POLYETHYLENE TEREPHTHALATE – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Application
3.7.2 By End-Use Industry
3.7.3 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL POLYETHYLENE TEREPHTHALATE MARKET ANALYSIS BY APPLICATION
6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Beverages Packaging Market by Regions
6.6 Sheets & Films Market by Regions
6.5 Consumer Goods Market by Regions
6.7 Food Packaging Market by Regions
6.8 Non-Food Packaging Market by Regions
6.9 Others Market by Regions
7 . GLOBAL POLYETHYLENE TEREPHTHALATE MARKET ANALYSIS BY END-USE INDUSTRY
7.1 Overview by End-Use Industry
7.2 Historical and Forecast Data
7.3 Analysis by End-Use Industry
7.4 Packaging Market by Regions
7.5 Electrical & Electronics Market by Regions
7.6 Automotive Market by Regions
7.7 Construction Market by Regions
7.8 Others Market by Regions
8 . GLOBAL POLYETHYLENE TEREPHTHALATE MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America
8.3.1. Overview, Historic and Forecast Data
8.3.2. North America By Segment
8.3.3. North America By Country
8.3.4. United State
8.3.5. Canada
8.3.6. Mexico
8.4. Europe
8.4.1. Overview, Historic and Forecast Data
8.4.2. Europe by Segment
8.4.3. Europe by Country
8.4.4. United Kingdom
8.4.5. France
8.4.6. Germany
8.4.7. Italy
8.4.8. Russia
8.4.9. Rest Of Europe
8.5. Asia Pacific
8.5.1. Overview, Historic and Forecast Data
8.5.2. Asia Pacific by Segment
8.5.3. Asia Pacific by Country
8.5.4. China
8.5.5. India
8.5.6. Japan
8.5.7. South Korea
8.5.8. Australia
8.5.9. Rest Of Asia Pacific
8.6. Latin America
8.6.1. Overview, Historic and Forecast Data
8.6.2. Latin America by Segment
8.6.3. Latin America by Country
8.6.4. Brazil
8.6.5. Argentina
8.6.6. Peru
8.6.7. Chile
8.6.8. Rest of Latin America
8.7. Middle East & Africa
8.7.1. Overview, Historic and Forecast Data
8.7.2. Middle East & Africa by Segment
8.7.3. Middle East & Africa by Country
8.7.4. Saudi Arabia
8.7.5. UAE
8.7.6. Israel
8.7.7. South Africa
8.7.8. Rest Of Middle East And Africa
9 . COMPETITIVE LANDSCAPE OF THE POLYETHYLENE TEREPHTHALATE COMPANIES
9.1. Polyethylene Terephthalate Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF POLYETHYLENE TEREPHTHALATE INDUSTRY
10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. Toray Industries
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products
10.3.4. Recent Developments
10.4. M&G Group
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products
10.4.4. Recent Developments
10.5. Jiangsu Sanfangxiang Group
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products
10.5.4. Recent Developments
10.6. Far Eastern New Century
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products
10.6.4. Recent Developments
10.7. Quadrant AG
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products
10.7.4. Recent Developments
10.8. Tray-Pak Corporation
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products
10.8.4. Recent Developments
10.9. Verdeco Recycling Inc.
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products
10.9.4. Recent Developments
10.10. Eastman Chemical Company
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products
10.10.4. Recent Developments
10.11. lpek S.A.B de C.V.
10.11.1. Company Overview
10.11.2. Financials
10.11.3. Products
10.11.4. Recent Developments
10.12. Reliance Industries Ltd.
10.12.1. Company Overview
10.12.2. Financials
10.12.3. Products
10.12.4. Recent Developments
10.13. Dhunseri Petrochem Ltd.
10.13.1. Company Overview
10.13.2. Financials
10.13.3. Products
10.13.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Application (USD MN)
- Beverages Packaging Market by Geography (USD MN)
- Sheets & Films Market by Geography (USD MN)
- Consumer Goods Market by Geography (USD MN)
- Food Packaging Market by Geography (USD MN)
- Non-Food Packaging Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Analysis Market by End-Use Industry (USD MN)
- Packaging Market by Geography (USD MN)
- Electrical & Electronics Market by Geography (USD MN)
- Automotive Market by Geography (USD MN)
- Construction Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Polyethylene Terephthalate Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Polyethylene Terephthalate Report
- Market Research Process
- Market Research Methodology
- Global Polyethylene Terephthalate Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by End-Use Industry
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Application (USD MN)
- Beverages Packaging Market by Geography (USD MN)
- Sheets & Films Market by Geography (USD MN)
- Consumer Goods Market by Geography (USD MN)
- Food Packaging Market by Geography (USD MN)
- Non-Food Packaging Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market Analysis by End-Use Industry (USD MN)
- Packaging Market by Geography (USD MN)
- Electrical & Electronics Market by Geography (USD MN)
- Automotive Market by Geography (USD MN)
- Construction Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis, 2020
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments