Quick Summary:
In the rapidly evolving world of polymers, staying informed on the competitive and growth landscape is critical for business success. Delve into the Global Polyethylene Terephthalate (PET) Resin and Polybutylene Terephthalate (PBT) Resin Market report to make effective strategic decisions based on comprehensive, research-backed insights. With an anticipated market growth set to reach US$84.5 billion by 2030, understanding the dynamics of this market is key to uncover opportunities and navigate future challenges.
This illuminating report offers unique coverage of market potential in the U.S, China, Japan, Canada, and Germany, presenting invaluable geographic insights. Furthermore, data on key competitors, including Alpek S.A.B. de C.V., BASF SE, Dow, Inc., and DuPont de Nemours, Inc., provides an opportunity for comparative analysis and informed benchmarking. Additionally, with exclusive access to digital archives, a research platform, peer-to-peer collaborative updates and one-year complimentary updates, this report set is a crucial tool for anyone seeking to maintain an edge in the PET and PBT Resin market.
Global Polyethylene Terephthalate (PET) Resin and Polybutylene Terephthalate (PBT) Resin Market to Reach $84.5 Billion by 2030
The global market for Polyethylene Terephthalate (PET) Resin and Polybutylene Terephthalate (PBT) Resin estimated at US$53.1 Billion in the year 2022, is projected to reach a revised size of US$84.5 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030. PET Resin, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$80.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the PBT Resin segment is readjusted to a revised 4.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $14.2 Billion, While China is Forecast to Grow at 9% CAGR
The Polyethylene Terephthalate (PET) Resin and Polybutylene Terephthalate (PBT) Resin market in the U.S. is estimated at US$14.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$19.5 Billion by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.Select Competitors (Total 11 Featured) -
- Alpek S.A.B. de C.V.
- BASF SE
- Dow, Inc.
- DuPont de Nemours, Inc.
- Far Eastern New Century Corporation
- Indorama Ventures Public Company Limited
- Jiangsu Sanfangxiang Group Co., Ltd.
- Koninklijke DSM N.V.
- M&G Chemicals SA
- SABIC (Saudi Basic Industries Corporation)
- Toray Industries, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Polyethylene Terephthalate (PET) Resin and Polybutylene Terephthalate (PBT) Resin?
What is the growth rate of the Global Market for Polyethylene Terephthalate (PET) Resin and Polybutylene Terephthalate (PBT) Resin?
What is the forecasted size of the Global Market for Polyethylene Terephthalate (PET) Resin and Polybutylene Terephthalate (PBT) Resin?
Who are the key companies in the Global Market for Polyethylene Terephthalate (PET) Resin and Polybutylene Terephthalate (PBT) Resin?
| Report Attribute | Details |
|---|---|
| No. of Pages | 179 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 53.1 Billion |
| Forecasted Market Value ( USD | $ 84.5 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alpek S.A.B. de C.V.
- BASF SE
- Dow, Inc.
- DuPont de Nemours, Inc.
- Far Eastern New Century Corporation
- Indorama Ventures Public Company Limited
- Jiangsu Sanfangxiang Group Co., Ltd.
- Koninklijke DSM N.V.
- M&G Chemicals SA
- SABIC (Saudi Basic Industries Corporation)
- Toray Industries, Inc.
