Commodity Plastic Market Trends, Statistics, Segments, Graphs Growth Factors Forecast to 2022

Polyethylene Terephthalate (PET) is the most common thermoplastic polymer resin which is widely used in fiber, rigid packaging, PET films and others. PET market is significantly driven by its increasing demand from application industries packaging, food and beverages, consumer goods and others as well. On the basis of geography, Asia-Pacific holds largest market share of PET consuming around 45% of the overall market. The impact of China on Asia-Pacific market has put a positive impact on the PET market. Continuously increasing demand from application industries have become a major growth driver for PET market. Moreover, North America is the second largest market in terms of value and volume due to the capacity expansion of PET producers like DAK, Indroma, Selenis, Eastman and others.

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The commodity plastic market for polyethylene terephthalate is mainly rising owing to its increasing demand from its application industries, particularly from food and beverages. Over the years, this market has experienced a drastic change in the preference of customers with respect to packaging. Large pool of population’s mind sets have shifted towards packaged food, which in turn has increase the consumption rate of PET among the manufacturers. Additionally, the increase need for frozen food, growing demand from consumer goods and automotive industries have fuelled the demand for PET across the globe.
Geographically, the need of PET is gradually rising, but the demand from Asia-Pacific region will likely to impact more on globe market growth. Asia-Pacific is one the most attractive regions in terms of supply and demand. The growing economies coupled with increasing population is one of the major driving factors. China is a major producers as well as exporter of PET, moreover, the demand from Japan, India and other countries have also boosted the PET market.
Market Research future through this report aims to provide understanding of the Global Commodity Plastic Market for Polyethylene Terephthalate on the basis of region and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of Global Commodity Plastic Market for Polyethylene Terephthalate.

List of Tables
TABLE 1 GLOBAL POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
TABLE 2 GLOBAL POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)
TABLE 3 NORTH AMERICA POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC,
BY REGIONS (2014-2022) (USD BILLION)
TABLE 4 NORTH AMERICA POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC,
BY REGIONS (2014-2022) (MMT)
TABLE 5 EUROPE POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
TABLE 6 EUROPE POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)
TABLE 7 ASIA-PACIFIC POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC,
BY REGIONS (2014-2022) (USD BILLION)
TABLE 8 ASIA-PACIFIC POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC,
BY REGIONS (2014-2022) (MMT)
TABLE 9 ROW POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC, BY REGIONS
(2014-2022) (USD BILLION)
TABLE 10 ROW POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC, BY REGIONS
(2014-2022) (MMT)
List of Figures
FIGURE 1 GLOBAL POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC, BY REGION, 2015 (%)
FIGURE 2 GLOBAL POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION)
FIGURE 3 GLOBAL POLYETHYLENE TEREPHTHALATE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT)

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Browse similar research report of “Global Commodity Plastic Market For Polyethylene - Forecast to 2022”

Polyethylene (PE) is undoubtedly one of the most popular plastic across the globe which is majorly used in the plastic industries to manufacture plastic bottles, plastic toys, and grocery bags and also in bullet proof jackets. Along with this, PE also holds a significant role in other application industries such as packaging, electronics, automotive and many others. In the global commodity plastic market, polyethylene holds a largest market share in 2016 with an estimated value of more than USD 100 billion in 2016. This market is expected to grow at a CAGR of 5.85% during the forecast period.
Geographically, Asia-Pacific holds the largest market share in terms of both value and volume during the forecast period. The major factors that has driven the polyethylene market are increasing popularity among plastic manufacturers, growing demand from Chinese manufacturers, and growing application industries and among others. On the other side, the government regulations on anti-plastic bag and changing prices have affected the global as well as regional market demand. North America is also an attractive market for polyethylene owing to the ongoing PE projects of Formosa, Sasol, Equistar, Equistar and other giants.
The major players that have contributed towards growth of polyethylene market are BASF SE, BP Plc, INEOS, Saudi Basic Industries Corporation, Petronas, China National Petroleum Corporation, China Petroleum & Chemicals Corporation, National Petroleum Company , Polimeri Europa ,Mitsui Chemicals Inc,Exxon Chemicals, Formosa Plastics Limited, Sumitomo Chemicals, DuPont, Chevron Philips, LyondellBasell Industries Ltd., Dow Chemicals Company, NOVA Chemicals, Reliance Industries and Petrobras.
Market Research future through this report aims to provide understanding of the global Commodity Plastic Market for Polyethylene on the basis of regions, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of global Commodity Plastic Market for Polyethylene.

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