Global Polyethylene Terephthalate Market 2018 Research, Market Share, Competitor Strategy and Market Trends by Forecast to 2022

Global Polyethylene Terephthalate Market 2018 Industry Research Report provides important statistics, analytical and comparative data to give a complete understanding of the market Size, Share, Growth, Rising Trends, Sales Revenue, Sales Volume, Price, Cost Structure and Cost Margin analysis.

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.

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

Key Players:

Some of the prominent players operating in the Global polyethylene terephthalate market are 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).

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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.

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.

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Intended Audience:

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

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