Press release
Polyethylene Terephthalate Glycol (PETG) Market Size, Share, Development by 2024
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https://www.globalinforesearch.com/global-polyethylene-terephthalate-glycol-petg-market_p107712.html
Polyethylene terephthalate glycol (PETG) is a high-impact material produced from thermoplastic co-polyester which provides remarkable clarity and light transmission with high gloss in addition to impact resistance at low temperatures. PETG is used in a variety of packaging, industrial and medical applications.
Scope of the Report:
With increasing demand from downstream industry, PETG production shows continuous upward trend in the recent few years. However, due to technology barrier, Eastman and SK Chemical are highly monopolizing the industry.
According to the manufacturing process, PETG can be mainly divided into three categories: extruded grade PETG, injection molding grade PETG and blow molding grade PETG, of which each has been widely used in certain fields. In 2018, demand from Food & Beverage field accounted for the largest consumption share, which held 37.75% market.
We tend to believe that this industry still has a bright future, considering the current demand. As for product prices, the slow downward trend in recent years will continue in the next few years, since competition intensifies gradually and more companies have intention to enter into the industry.
The worldwide market for Polyethylene Terephthalate Glycol (PETG) is expected to grow at a CAGR of roughly 1.4% over the next five years, will reach 740 million US$ in 2024, from 690 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Polyethylene Terephthalate Glycol (PETG) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Eastman
SK Chemical
Liaoyang Petrochemical
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Extruded Grade
Injection Molding Grade
Blow Molding Grade
Market Segment by Applications, can be divided into
Food & Beverage
Cosmetic
Medical
Other
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-polyethylene-terephthalate-glycol-petg-market_p107712.html
Related Information:
North America Polyethylene Terephthalate Glycol (PETG) Market Growth 2019-2024
United States Polyethylene Terephthalate Glycol (PETG) Market Growth 2019-2024
Asia-Pacific Polyethylene Terephthalate Glycol (PETG) Market Growth 2019-2024
Europe Polyethylene Terephthalate Glycol (PETG) Market Growth 2019-2024
EMEA Polyethylene Terephthalate Glycol (PETG) Market Growth 2019-2024
Global Polyethylene Terephthalate Glycol (PETG) Market Growth 2019-2024
China Polyethylene Terephthalate Glycol (PETG) Market Growth 2019-2024
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