openPR Logo
Press release

Polyethylene Terephthalate-Glycol (PETG) Market Market Participants Eastman Chemical Company, SK Chemicals,Liaoyang petrochemical (CNPC)

01-11-2019 04:27 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Polyethylene Terephthalate-Glycol (PETG) Market Market

Polyethylene Terephthalate-Glycol (PETG) Market: Overview

Polyethylene Terephthalate-Glycol (PETG) is a thermoplastic polymer obtained by copolymerization of polyethylene Terephthalate and ethylene glycol. This plastic resin belongs to polyester family and finds a wide range of applications including those in food and beverages industry. It is used in manufacture of liquid containers, as well as in certain other packaging and thermoforming applications. Polyethylene Terephthalate-Glycol (PETG) is a clear amorphous thermoplastic which can be injection molded, sheet extruded and blow molded. PETG is colorless and exhibits relatively higher transparency. Moreover, PETG exhibits exceptional water and moisture barrier properties. Polyethylene Terephthalate-Glycol (PETG) products can be rigid to semi-rigid, depending on the thickness, and are relatively lighter in weight. Some of the other advantages of Polyethylene Terephthalate-Glycol (PETG) are that it is fully recyclable, strong and exhibits relatively higher impact-resistant as compared to regular PET resin. Moreover, PETG exhibits relatively higher resistance to heat sealing, ETO and gamma sterilization processes as compared to standard PET which tends to crystallize. Therefore, ability of PETG to resist rigorous ETO sterilization processes renders it appropriate for sterile barrier applications in medical devices and pharmaceuticals packaging, as well as for FDA-complaint food packaging. Furthermore, its usage is not confined to high purity applications, however aesthetic properties and resilience render it ideal for heat sealed and RF sealed blister packaging applications used for small electronic devices, cell phones, and other retail products.

Get More Information @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5656

Polyethylene Terephthalate-Glycol (PETG) Market: Dynamics

In term of volume, plastics account for around 35% of the overall global packaging materials market. With the growth of the packaging industry, the demand for plastics in general is expected to grow significantly over the forecast period. Moreover, the demand for packaging materials such as Polyethylene Terephthalate-Glycol (PETG) is mainly dominated by food & beverages and healthcare & medical packaging applications. Thus, the growth of the food & beverages industry is, in turn, expected to drive the growth in demand for Polyethylene Terephthalate-Glycol (PETG over the forecast period. Additionally, the regulations pertaining to use of certain plastic materials such as PVC in food & beverages packaging application are expected to lead to rise in demand for alternative materials such as PET, PE and PETG, among others resins. Properties such as relatively lower contamination, UV resistance, recyclability, shock resistance, and relatively lower shrinkage are also expected to drive the growth of Polyethylene Terephthalate-Glycol (PETG) market during forecast period.

Polyethylene Terephthalate-Glycol (PETG) Market: Segmentation

Global Polyethylene Terephthalate-Glycol (PETG) market can be segmented on the basis of grades, application, end use and region

On the basis of grade, global Polyethylene Terephthalate-Glycol (PETG) market can be segmented as

Extrusion Grade PETG
Injection Molding Grade PETG
Others

On the basis of application, global Polyethylene Terephthalate-Glycol (PETG) market can be segmented as

Films & Sheets
Bottles/ Containers
Others

On the basis of end use, global Polyethylene Terephthalate-Glycol (PETG) market can be segmented as

Building & Construction
Food & Beverages
Electronics & Electricals
Automotive
Healthcare & Pharmaceuticals
Others

Polyethylene Terephthalate-Glycol (PETG) Market: Regional Outlook

Global Polyethylene Terephthalate-Glycol (PETG) market is in its growth phase, Asia pacific market is expected to dominate the global Polyethylene Terephthalate-Glycol (PETG) market in terms of both value and volume owing to the presence of large no of end use industries such as food & beverages, healthcare & pharmaceuticals and packaging, among others. Growth in these end use industries in the region is expected to directly contribute to the overall growth of Polyethylene Terephthalate-Glycol (PETG) market. North America is the second largest market for Polyethylene Terephthalate-Glycol (PETG) followed by Europe. Asia Pacific, North America and Europe are the three key markets for Polyethylene Terephthalate-Glycol (PETG) and account for a major share in overall global PETG market. Latin America and MEA are expected to account for relatively lower share in global Polyethylene Terephthalate-Glycol (PETG) market.

Polyethylene Terephthalate-Glycol (PETG) Market: Market Participants

Some of participants in global Polyethylene Terephthalate-Glycol (PETG) market value chain are mentioned below. These manufacturers, collectively, account for a major share in global Polyethylene Terephthalate-Glycol (PETG) market

Eastman Chemical Company
SK Chemicals
Liaoyang petrochemical (CNPC)

Request Sample Report @ https://www.futuremarketinsights.com/toc/rep-gb-5656

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

Future Market Insights
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.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-Glycol (PETG) Market Market Participants Eastman Chemical Company, SK Chemicals,Liaoyang petrochemical (CNPC) here

News-ID: 1491490 • Views: 626

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for PET

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
Global Pet Product Market Segment by Type - Pet Food Products, Pet Drug Products …
Researchmoz added Most up-to-date research on "Global Pet Product Market Segment by Type - Pet Food Products, Pet Drug Products, Pet Health Products, Pet Feeding Products and Pet Clothing Products" to its huge collection of research reports. This report studies the global Pet Product market, analyzes and researches the Pet Product development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top
Pet Guardian App - Keeps Your Pet Healthy and Safe
One of the first things you need to do is to ensure that your pet is eating nutritious and healthy food. There are quite a number of good quality pet food brands to choose from. It's just as important to know what you should not be feeding your pet. These all types of information you will get easily through our Pet Guardian App, as there are cases where the food
Pet Health Products Market
A pet or companion animal is an animal kept primarily for one's company, protection, or entertainment. Popular pets are regularly noted for their attractive appearances and their loyal or playful personalities. While dogs and cats are the most preferred pet animals, people also keep house rabbits, fancy rats, guinea pigs, parrots, chickens, and aquatic pets. The trend of pet adoption and keeping is gaining rapid traction across the globe. The
Pet Project Malaysia 2013
To be held on 23rd March, 2013 (from 9am to 6pm) at The British International School of Kuala Lumpur in association with Expatriate Lifestyle, Pet Project Malaysia is BACK and we are once again “Getting Active to Help Save Animals”. Created in 2011, this is an event to unify the community in supporting animal welfare by doing something FUN and proactive. This event is open to the public and we
Pet Sitters International announces new partnership with Ultimate Pet Websites
Pet Sitters International announces new partnership with Ultimate Pet Websites Pet Sitters International (PSI) is pleased to announce that Ultimate Pet Websites is now a preferred provider for its more than 7,000 member businesses. FOR IMMEDIATE RELEASE PRLog (Press Release) - Aug 19, 2011 - Pet Sitters International (PSI) is pleased to announce that Ultimate Pet Websites is now a preferred provider for its more than 7,000 member businesses. The announcement comes on