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Asia-Pacific Polyethylene Terephthalate (PET) Market 2021-2028

  • ID: 4803864
  • Report
  • January 2021
  • Region: Asia Pacific
  • 130 pages
  • Triton Market Research

FEATURED COMPANIES

  • Alpek Sap De Cv
  • BASF Se
  • Hengli Group Ltd
  • JBF Industries Ltd
  • M&G Chemicals
  • Octal

MARKET OUTLOOK

The author envisions the Asia-Pacific polyethylene terephthalate (PET) market to witness growth by revenue and by volume, with a CAGR of 7.37% and a CAGR of 6.76%, respectively, over the forecast period from 2021 to 2028.
India, South Korea, Japan, China, Australia & New Zealand, ASEAN countries and Rest of APAC together form the market in this region.

The production of consumer electronics in South Korea is increasing significantly, and is expected to grow even further in the near future. The nation’s electronics industry has been instrumental in driving the consumption of engineering plastics like PET, which is used in electronic device manufacturing.

Further, the initiatives by the government are helping expand the domestic healthcare market. A well-developed healthcare industry will make South Korea a prime destination for Western medical companies that are looking to set their base in other countries. This may increase the demand for PET, as it is used in medical packaging as well as in implantable devices and sutures.

South Korean consumer goods are popular around the world, and their demand has surged significantly in recent times. This has created a demand for packaging these goods, such as deodorants, shampoos, cosmetics, etc. Thus, the growing demand is fueling the polyethylene terephthalate market in the country to accelerate its growth rate in the years to come.

COMPETITIVE OUTLOOK

The prominent companies in this market are BASF SE, Alpek SAP DE CV, Sinopec Group, China Resources Chemical Materials Technology Ltd, M&G Chemicals, Octal, Hengli Group Ltd, and Saudi Basics Industries Corp.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alpek Sap De Cv
  • BASF Se
  • Hengli Group Ltd
  • JBF Industries Ltd
  • M&G Chemicals
  • Octal
1. Asia-Pacific Polyethylene Terephthalate (PET) Market – Summary

2. Industry Outlook
2.1. Key Insights
2.1.1. Asia-Pacific Dominates the Overall Polyethylene Terephthalate (PET) Market
2.1.2. Increased Demand for Bottled Water
2.1.3. Growing Usage of Biodegradable Plastics
2.2. Impact of Covid-19 – Polyethylene Terephthalate (PET) Market
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Acquisitions
2.6.2. Partnership & Agreements
2.6.3. Business Expansion
2.7. Market Drivers
2.7.1. Rising Adoption of Ready-Made Foods
2.7.2. Advancements in Polyethylene Terephthalate (PET) Market
2.7.3. Budding Interest in Ecological Packaging
2.8. Market Restraints
2.8.1. Stringent Rules Imposed by Regulatory Firms
2.8.2. Increasing Usage of Substitute Products
2.9. Market Opportunities
2.9.1. Increasing Demand for Bio-Based Polyethylene Terephthalate (PET)

3. Asia-Pacific Polyethylene Terephthalate (PET) Market Outlook – by Type
3.1. Cups
3.2. Cans
3.3. Bottles
3.4. Pouches
3.5. Others

4. Asia-Pacific Polyethylene Terephthalate (PET) Market Outlook – by Material
4.1. Glass
4.2. Plastic
4.3. Metal
4.4. Paperboard
4.5. Others

5. Asia-Pacific Polyethylene Terephthalate (PET) Market Outlook – by Application
5.1. Food and Beverage
5.2. Automotive
5.3. Electrical and Electronics
5.4. Healthcare
5.5. Consumer Goods
5.6. Other End-users

6. Asia-Pacific Polyethylene Terephthalate (PET) Market – Regional Outlook
6.1. China
6.2. Japan
6.3. India
6.4. South Korea
6.5. Asean Countries
6.6. Australia & New Zealand
6.7. Rest of Asia-Pacific

7. Competitive Landscape
7.1. Reliance Industries
7.2. Lotte Chemical Corporation
7.3. JBF Industries Ltd
7.4. Royal Dsm
7.5. BASF Se
7.6. Alpek Sap De Cv
7.7. China Resources Chemical Materials Technology Ltd
7.8. Far Eastern New Century Corporation
7.9. Hengli Group Ltd
7.10. Jiangsu Sanfangxiang Group
7.11. Octal
7.12. Saudi Basics Industries Corp
7.13. Sinopec Group
7.14. Indorama Ventures Public Company Ltd
7.15. M&G Chemicals

8. Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources of Data
8.3. Research Methodology

List of Tables
Table 1: Market Attractiveness Index
Table 2: Vendor Scorecard
Table 3: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In $ Million)
Table 4: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In Kiloton)
Table 5: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In $ Million)
Table 6: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In Kiloton)
Table 7: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In $ Million)
Table 8: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In Kiloton)
Table 9: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In $ Million)
Table 10: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In Kiloton)

List of Figures
Figure 1: Porter's Five Forces Analysis
Figure 2: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Cups, 2021-2028 (In $ Million)
Figure 3: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Cans, 2021-2028 (In $ Million)
Figure 4: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Bottles, 2021-2028 (In $ Million)
Figure 5: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Pouches, 2021-2028 (In $ Million)
Figure 6: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Others, 2021-2028 (In $ Million)
Figure 7: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Glass, 2021-2028 (In $ Million)
Figure 8: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Plastic, 2021-2028 (In $ Million)
Figure 9: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Metal, 2021-2028 (In $ Million)
Figure 10: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Paperboard, 2021-2028 (In $ Million)
Figure 11: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Others, 2021-2028 (In $ Million)
Figure 12: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Food and Beverage, 2021-2028 (In $ Million)
Figure 13: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Automotive, 2021-2028 (In $ Million)
Figure 14: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Electrical and Electronics, 2021-2028 (In $ Million)
Figure 15: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Healthcare, 2021-2028 (In $ Million)
Figure 16: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Consumer Goods, 2021-2028 (In $ Million)
Figure 17: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Other End-users, 2021-2028 (In $ Million)
Figure 18: Asia-Pacific Polyethylene Terephthalate (PET) Market, Regional Outlook, 2020 & 2028 (In %)
Figure 19: China Polyethylene Terephthalate (PET) Market 2021-2028 (In $ Million)
Figure 20: Japan Polyethylene Terephthalate (PET) Market 2021-2028 (In $ Million)
Figure 21: India Polyethylene Terephthalate (PET) Market 2021-2028 (In $ Million)
Figure 22: South Korea Polyethylene Terephthalate (PET) Market 2021-2028 (In $ Million)
Figure 23: Asean Countries Polyethylene Terephthalate (PET) Market 2021-2028 (In $ Million)
Figure 24: Australia & New Zealand Polyethylene Terephthalate (PET) Market 2021-2028 (In $ Million)
Figure 25: Rest of Asia-Pacific Polyethylene Terephthalate (PET) Market 2021-2028 (In $ Million)
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Reliance Industries
  • Lotte Chemical Corporation
  • JBF Industries Ltd
  • Royal Dsm
  • BASF Se
  • Alpek Sap De Cv
  • China Resources Chemical Materials Technology Ltd
  • Far Eastern New Century Corporation
  • Hengli Group Ltd
  • Jiangsu Sanfangxiang Group
  • Octal
  • Saudi Basics Industries Corp
  • Sinopec Group
  • Indorama Ventures Public Company Ltd
  • M&G Chemicals
Note: Product cover images may vary from those shown

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