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Global Polyethylene Terephthalate (PET) Market 2021-2028

  • ID: 4803867
  • Report
  • January 2021
  • Region: Global
  • 165 pages
  • Triton Market Research

FEATURED COMPANIES

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

MARKET OUTLOOK

According to the author, the global polyethylene terephthalate (PET) market is expected to display a positive market trend in the forecasting years from 2021 to 2028, exhibiting 7.15% of CAGR in terms of revenue and 6.53% of CAGR in terms of volume.
The food industry globally, has witnessed immense growth in recent years. Ready-made foods, in particular, are being increasingly adopted. This has increased the demand for packaging in this sector. PET is the commonly preferred material for packaging these food products. Thus, the rise in demand for ready-made foods is boosting the growth of the market.

Further, the growing interest in ecological packaging is also contributing to this growth. However, rigid rules being imposed by regulatory authorities act as a hindrance in the PET market growth path. In addition, the growing use of substitutes is further restraining the growth. Though, on the brighter side, an increasing demand for bio-based polyethylene terephthalate is expected to open new opportunities for the advancement of the polyethylene terephthalate market.

REGIONAL OUTLOOK

The market for polyethylene terephthalate encompasses the regions of North America, Latin America, the Asia-pacific, Europe, and the Middle East and Africa.
The Asia-Pacific market is expected to grow the fastest globally in the forecast years. The growing middle-class population and the rise in their income are increasing the demand for food and beverages. There is an increased demand for bottled water in the APAC countries, which is also boosting the demand for PET packaging.

Consumers are now seeking products with high-quality and extra benefits. PET bottles are considered to be a healthier option. Bottles made from polyethylene terephthalate also offer better moisture resistance and transparency, compared to other forms of packaging. Such factors are propelling the market for PET in the Asia-Pacific on a growth path.

COMPETITIVE OUTLOOK

The well-known names operating in this market include China Resources Chemical Materials Technology Ltd, Jiangsu Sanfangxiang Group, Hengli Group Ltd, Alpek SAP DE CV, Far Eastern New Century Corporation, Octal, Sinopec Group, M&G Chemicals, Indorama Ventures Public Company Ltd, JBF Industries Ltd, BASF SE, Lotte Chemical Corporation, Royal DSM, Reliance Industries, and Saudi Basics Industries Corp.
BASF SE is a reputed multinational corporation operating in several business domains. It offers Petra 7010 PET, which is a glass-reinforced resin possessing high strength, stain resistance, and excellent surface properties. BASF operates in North America, Europe, the Asia-Pacific, Latin America, and the Middle East and Africa. The growing product launches by the company, coupled with strategic acquisitions, are aiding it to consolidate its position in the global market in the forecast period.
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
  • MORE
1. Global 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 – 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. Global Polyethylene Terephthalate (PET) Market Outlook – by Type
3.1. Cups
3.2. Cans
3.3. Bottles
3.4. Pouches
3.5. Others

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

5. Global 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. Global Polyethylene Terephthalate (PET) Market – Regional Outlook
6.1. North America
6.1.1. Market by Type
6.1.2. Market by Material
6.1.3. Market by Application
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market by Type
6.2.2. Market by Material
6.2.3. Market by Application
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Spain
6.2.4.5. Italy
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market by Type
6.3.2. Market by Material
6.3.3. Market by Application
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market by Type
6.4.2. Market by Material
6.4.3. Market by Application
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market by Type
6.5.2. Market by Material
6.5.3. Market by Application
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Turkey
6.5.4.3. Saudi Arabia
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa

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: Global Polyethylene Terephthalate (PET) Market, by Geography, 2021-2028 (In $ Million)
Table 2: Global Polyethylene Terephthalate (PET) Market, by Geography, 2021-2028 (In Kiloton)
Table 3: Market Attractiveness Index
Table 4: Vendor Scorecard
Table 5: Global Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In $ Million)
Table 6: Global Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In Kiloton)
Table 7: Global Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In $ Million)
Table 8: Global Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In Kiloton)
Table 9: Global Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In $ Million)
Table 10: Global Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In Kiloton)
Table 11: Global Polyethylene Terephthalate (PET) Market, by Geography, 2021-2028 (In $ Million)
Table 12: Global Polyethylene Terephthalate (PET) Market, by Geography, 2021-2028 (In Kiloton)
Table 13: North America Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In $ Million)
Table 14: North America Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In Kiloton)
Table 15: North America Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In $ Million)
Table 16: North America Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In Kiloton)
Table 17: North America Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In $ Million)
Table 18: North America Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In Kiloton)
Table 19: North America Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In $ Million)
Table 20: North America Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In Kiloton)
Table 21: Europe Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In $ Million)
Table 22: Europe Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In Kiloton)
Table 23: Europe Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In $ Million)
Table 24: Europe Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In Kiloton)
Table 25: Europe Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In $ Million)
Table 26: Europe Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In Kiloton)
Table 27: Europe Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In $ Million)
Table 28: Europe Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In Kiloton)
Table 29: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In $ Million)
Table 30: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In Kiloton)
Table 31: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In $ Million)
Table 32: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In Kiloton)
Table 33: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In $ Million)
Table 34: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In Kiloton)
Table 35: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In $ Million)
Table 36: Asia-Pacific Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In Kiloton)
Table 37: Latin America Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In $ Million)
Table 38: Latin America Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In Kiloton)
Table 39: Latin America Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In $ Million)
Table 40: Latin America Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In Kiloton)
Table 41: Latin America Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In $ Million)
Table 42: Latin America Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In Kiloton)
Table 43: Latin America Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In $ Million)
Table 44: Latin America Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In Kiloton)
Table 45: Middle East and Africa Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In $ Million)
Table 46: Middle East and Africa Polyethylene Terephthalate (PET) Market, by Country, 2021-2028 (In Kiloton)
Table 47: Middle East and Africa Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In $ Million)
Table 48: Middle East and Africa Polyethylene Terephthalate (PET) Market, by Type, 2021-2028 (In Kiloton)
Table 49: Middle East and Africa Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In $ Million)
Table 50: Middle East and Africa Polyethylene Terephthalate (PET) Market, by Material, 2021-2028 (In Kiloton)
Table 51: Middle East and Africa Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In $ Million)
Table 52: Middle East and Africa Polyethylene Terephthalate (PET) Market, by Application, 2021-2028 (In Kiloton)

List of Figures
Figure 1: Porter's Five Forces Analysis
Figure 2: Global Polyethylene Terephthalate (PET) Market, by Cups, 2021-2028 (In $ Million)
Figure 3: Global Polyethylene Terephthalate (PET) Market, by Cans, 2021-2028 (In $ Million)
Figure 4: Global Polyethylene Terephthalate (PET) Market, by Bottles, 2021-2028 (In $ Million)
Figure 5: Global Polyethylene Terephthalate (PET) Market, by Pouches, 2021-2028 (In $ Million)
Figure 6: Global Polyethylene Terephthalate (PET) Market, by Others, 2021-2028 (In $ Million)
Figure 7: Global Polyethylene Terephthalate (PET) Market, by Glass, 2021-2028 (In $ Million)
Figure 8: Global Polyethylene Terephthalate (PET) Market, by Plastic, 2021-2028 (In $ Million)
Figure 9: Global Polyethylene Terephthalate (PET) Market, by Metal, 2021-2028 (In $ Million)
Figure 10: Global Polyethylene Terephthalate (PET) Market, by Paperboard, 2021-2028 (In $ Million)
Figure 11: Global Polyethylene Terephthalate (PET) Market, by Others, 2021-2028 (In $ Million)
Figure 12: Global Polyethylene Terephthalate (PET) Market, by Food and Beverage, 2021-2028 (In $ Million)
Figure 13: Global Polyethylene Terephthalate (PET) Market, by Automotive, 2021-2028 (In $ Million)
Figure 14: Global Polyethylene Terephthalate (PET) Market, by Electrical and Electronics, 2021-2028 (In $ Million)
Figure 15: Global Polyethylene Terephthalate (PET) Market, by Healthcare, 2021-2028 (In $ Million)
Figure 16: Global Polyethylene Terephthalate (PET) Market, by Consumer Goods, 2021-2028 (In $ Million)
Figure 17: Global Polyethylene Terephthalate (PET) Market, by Other End-users, 2021-2028 (In $ Million)
Figure 18: Global Polyethylene Terephthalate (PET) Market, Regional Outlook, 2020 & 2028 (In %)
Figure 19: United States Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 20: Canada Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 21: United Kingdom Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 22: Germany Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 23: France Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 24: Spain Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 25: Italy Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 26: Russia Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 27: Rest of Europe Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 28: China Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 29: Japan Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 30: India Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 31: South Korea Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 32: Asean Countries Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 33: Australia & New Zealand Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 34: Rest of Asia-Pacific Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 35: Brazil Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 36: Mexico Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 37: Rest of Latin America Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 38: United Arab Emirates Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 39: Turkey Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 40: Saudi Arabia Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 41: South Africa Polyethylene Terephthalate (PET) Market, 2021-2028 (In $ Million)
Figure 42: Rest of Middle East & Africa 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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