openPR Logo
Press release

Polyethylene Terephthalate Market 2018-2023 Prominent Key Players Analysis | Alpek S.A.B de C.V , RTP company , BASF SE , The Dow Chemicals Company , Jiangsu Sanfangxiang Group 

07-20-2018 12:47 PM CET | Associations & Organizations

Press release from: Market Research Future

polyethylene terephthalate market,polyethylene terephthalate market Size, polyethylene terephthalate market Share,

polyethylene terephthalate market,polyethylene terephthalate market Size, polyethylene terephthalate market Share,

Synopsis of Polyethylene terephthalate Market:

Polyethylene terephthalate also known as PET, PETE is a thermoplastic polymer resin most commonly used as an efficient packaging material in packaging of water bottles, fibers in clothing, and containers. The advantages of polyethylene terephthalate such as tensile strength, recyclability, and versatility among others pave their way into many end-use industries. The major end-use industries includes, automobiles, electronics, food & beverage, and others. The growing use of polyethylene terephthalate in packaging owing to its ability to bear enhanced weight, in turn reducing transportation cost is the major factor positively driving the market growth. Moreover, the growing international trade coupled with the increasing demand from the food and beverage industry in the developing regions is also substantially contributing to the growth of the market. Furthermore, the growing demand for flexible and innovative packaging is also surging the demand for polyethylene terephthalate across the globe. However, volatile prices of raw materials along with the growing environmental concerns regarding the adverse environmental effects of PETE are expected to be a major restraining factor for the growth of the market in the forecast years.

Among the various application segments of polyethylene terephthalate, the food & beverage is the largest segment and is expected to show the same trend during the forecast years. Food 7 beverage accounted for over 45% of market share and is expected to grow with a considerable CAGR. PETE is extensively used as a packaging materials in food & beverage industry. Moreover, the growing demand for packaged food throughout the globe is a major factor attributed to the growth of the segment. Furthermore, approval from the Food and Drug Administration for the use of recyclable PET along with the growing demand for convenience food in Europe and North America is also expected to have a positive impact on the market growth.

Top Key Players:
Alpek S.A.B de C.V (Mexico), RTP company (U.S.), BASF SE (Germany), The Dow Chemicals Company (U.S.), Jiangsu Sanfangxiang Group (China), Indorama Ventures Public Company Limited (Thailand), M&G Chemicals (Italy), NAN YA PLASTICS CORPORATION (Taiwan), Far Eastern New Century Corporation (Taiwan), and The Quadrant group of companies (Switzerland)

Get Sample Report Copy @ https://www.marketresearchfuture.com/sample_request/5521

Regional Analysis:

The polyethylene terephthalate market is segmented across five regions: North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be a dominant market with an encouraging CAGR during the forecast period. The flourishing growth in industries and urbanization is fuelling the growth of polyethylene terephthalate in the developing countries of Asia Pacific. Moreover, favorable government regulation has attracted many players to enter the lucrative market of Asia Pacific which in turn is fuelling the market growth. Furthermore, the development of retail sector coupled with the growing demand for convenience food is further expected to surge the market growth. In addition to this, the shifting manufacturing cost along with the growing research and development for innovative packaging is a major opportunity in this region.

North America is another dominant region in the market of polyethylene terephthalate. The developed end-use industries such as automobile and electronics among others are significantly driving the market growth. Moreover, the growing working population coupled with a fast-paced lifestyle has augmented the demand for on-the-go food and beverages which is expected to contribute substantially to the growth of the market. In addition to this, the growing technological innovations in the region for the development of environment friendly PETE is a major opportunity in the region.

Segmentation:

The global polyethylene terephthalate market on the basis of product types and application. On the basis of product types, the market is segmented as carbonated soft drink, energy drinks, bottled water sheets & films, food and non-food and others. On the basis of application industry, the global polyethylene terephthalate market is segregated into food & beverages, electronics, automotive, and others.

Geographical Analysis:

The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Targeted Audience:

Polyethylene terephthalate market manufacturers
Traders and Distributors of Polyethylene terephthalate market
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/polyethylene-terephthalate-market-5521

Some Points from Table Of Contents:

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@Market research future.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Polyethylene Terephthalate Market 2018-2023 Prominent Key Players Analysis | Alpek S.A.B de C.V , RTP company , BASF SE , The Dow Chemicals Company , Jiangsu Sanfangxiang Group  here

News-ID: 1137728 • Views:

More Releases from Market Research Future

Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing Your Business with Market Size
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics. The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reaching USD 2.4 billion by 2030
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more. The Palm Methyl Ester Derivative Market Size was valued at USD 1.5
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 2032: Analysis by Segmentation, Competitors Analysis
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences. Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by Segmentation, Competitors Analysis
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further. APAC Wallpaper Market Size was valued at USD 0.55

All 5 Releases


More Releases for PET

Pet Travel Services Market 2020 PetSino IPATA Happy Tails Travel Pet Travel PetR …
With the slowdown in world economic growth, the Pet Travel Services industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Pet Travel Services market size to maintain the average annual growth rate of 15 from XXX million $ in 2014 to XXX million $ in 2019, BisReport analysts believe that in the next few years, Pet Travel Services market size will
Pet Veterinary Diets Market 2019 Industry Dynamics - Mars, Farmina Pet Foods, Ni …
Recent market research study Global Pet Veterinary Diets Market 2019-2024 now available with Fior Markets provides a comprehensive market analysis based on past and current situation of the market. The report covers future trends, current growth drivers, thoughtful insights, facts, market valuation, competitive spectrum, regional share, and revenue predictions. The report shows the market size, share, business growth enhancers, and obstructers, prior and current trends being followed by the market.
Recycled PET Market Share, Recycled PET Market Size, Recycled PET Market Trends, …
Scope of the Report: This study provides an overview of the global recycled PET market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for
Pet Care Products Market is Booming Worldwide | Mars, Merrick Pet Care, Central …
HTF MI released a new market study on Global Pet Care Products Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides
Pet Furniture Market Is Booming Worldwide | Go Pet Club, North American Pet Prod …
HTF MI recently introduced Global Pet Furniture Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which are accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Go Pet Club, North American Pet Products, MidWest Homes for Pets,
Pet Utility Products Market 2018- Advanced Pet Products, IRIS USA Inc, Costal Pe …
This report studies the global market size of Pet Utility Products in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Pet Utility Products in these regions. Request a Sample of this Report@ http://www.orbisresearch.com/contacts/request-sample/2304884 This research report categorizes the global Pet Utility Products market by players/brands, region, type and application. This report also studies the global market status, competition