Press release
Global APET Film Market Expected to Witness a Sustainable Growth over 2023
APET (Amorphous-polyethylene terephthalate) film is thermoplastic film which is produced by the extrusion processing of Polyethylene Terephthalate (APET) copolymer, a kind of thermoplastic polyester. APET Film is one kind of amorphous thermal plastics, which is composed of carbon, hydrogen and oxygen elements. It will not produce toxic gases in the process of APET incineration. Instead, the product of complete combustion includes only non-toxic steam and carbon dioxide gases.
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Global APET Film Market: Forecast by Type / Application / Region
MEA and China lead the production of APET for the time being. The two regions contributed about 50.09% production in 2016. Octal, Far Eastern New Century, Klöckner Pentaplast, Nan Ya Plastics, etc. are leaders in the APET industry. In fact, many manufacturer engaged in the production of APET have extended their industry chain actively. From the raw materials to the downstream products, many companies have developed related business in order to promote their business development.
There is no doubt that PTA and MEG price fluctuations influence the price change of APET film largely. Also, more and more capacity of APET film has been released in the past few years. Downward price trend of raw materials (Especially As the amount of recycle PET increases, the usage volume of PET decreases) as well as intensified competition insider the industry will drive APET price to go down further in the near term. Also, profit of the whole industry is predicted to show the same trend as well.
Over the next five years, LPI(LP Information) projects that APET Film will register a 7.2% CAGR in terms of revenue, reach US$ 6390 million by 2023, from US$ 4520 million in 2017.
Global APET Film Market: Key Players
OCTAL
Klöckner Pentaplast
Shinkong Synthetic Fibers
Toray
Retal
K.P.TECH
Folienwerk Wolfen
Vitasheet
Plastirol
Polyone
TAE Kwang
Far Eastern New Century
Nan Ya Plastics
Evergreen Plastics
YuanFang Plastic
Zhongtian Sheet
Hongde Plastic
Jinfeng New Material
Jin Baoli Technology
Dongji Plastic
Tianheng New Material
Shanghai SK New Materials
Kunshan Zlan Electronic Materials
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Related Information:
United States APET Film Market Research Report 2018
Europe APET Film Market Research Report 2018
North America APET Film Market Research Report 2018
Asia-Pacific APET Film Market Research Report 2018
China APET Film Market Research Report 2018
EMEA APET Film Market Research Report 2018
Global APET Film Market Research Report 2018
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