Global Polyethylene terephthalate (PET) Market Is Expected To Strike A CAGR of +7% During The Forecast Period
The Polyethylene Terephthalate (PET) Market is continuously growing in the global scenario at a significant pace. Polyethylene Terephthalate is the most common thermoplastic polymer resin of the polyester family and used in fibers for clothing, containers for liquid and foods, thermoforming for manufacturing and combination with glass fibers for engineering resins. Increasing demand for packaged water, rise in consumption of ready-to-eat products and rising government support are the substantial driving factors of the market during the forecast period. Moreover, emerging trends in the development of bio-based PET and rising R&D in recyclability of PET products are the factors that create numerous opportunity in the market during the forecast period. Further polyethylene terephthalate offers several benefits such as it is light-weighted, it has high transparency, it is high pressure resistant and many more. These benefits also boosting the demand for Polyethylene Terephthalate (PET) across the world. However, increasing labor cost & taxes rate and choking hazards related to PET containers are the factors that limit the market growth of Polyethylene Terephthalate (PET) during the forecast period.
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The regional analysis of Global Polyethylene Terephthalate (PET) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share due to rising demand for sustained & recyclable material and growing food & beverage sector in the region. Further, Europe is estimated to grow at stable rate in the global Polyethylene Terephthalate (PET) market over the upcoming years. North America is also anticipated to exhibit higher growth rate/CAGR over the forecast period 2018-2025. This region is mainly driven by developed electronic & electrical sectors in the region.
The major market player included in this report are:
• BP Plastics Holding Bhd.
• Commercial Plastic Industries
• CYL Corporation Bhd.
• EE-LIAN Enterprise M Sdn. Bhd.
• George Kent Bhd.
• Great Wall Plastic Industries Bhd.
• Guppy Plastic Industries Sdn. Bhd.
• Fu Fong Plastic Industries Sdn. Bhd.
• Hicom-Teck See Manufacturing Malaysia Sdn. Bhd.
• Lam Seng Plastics Industries Sdn. Bhd.
• Reliance Industries
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.The detailed segments and sub-segment of the market are explained below:
Segmentation of the Global Polyethylene terephthalate (PET) Market:
Building & Construction
Automotive & Transportation
Electrical & Electronics
Furniture & Bedding
Polyethylene terephthalate (PET) Market report also splits the market by region:
North America (United States, Canada, Mexico)
South America ( Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And More
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Key Topics Covered:
2. Executive Summary
3. Polyethylene terephthalate (PET) Market Overview
4. Global Polyethylene terephthalate (PET) Market: Snapshot
5. Polyethylene terephthalate (PET) industry by Product (USD Million) 2017-2026
6. Global Polyethylene terephthalate (PET) Analysis, by Region (USD Million) 2017-2026
The overall information of the Polyethylene terephthalate (PET) market provided in the report helps our client to make precise and accurate decisions in order to gain maximum profit in this cutthroat competition in the global market. The report comprises various elements such as a table, figure, charts, TOCs, chapters, and so on so as to provide a crystal clear data to the client giving a brief of the market and its trends. Thus, the report provides in-depth information about the Polyethylene terephthalate (PET) market in terms of revenue, value, volume, region, and many more.
We fulfill your additional customized requirements which will surely enlighten Market Research Trend Report more efficiently.
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