Polyethylene Terephthalate (PET) Market 2022 Precise Outlook - Indorama Ventures(TH), DAK Americas(US), M&G Chemicals(CA)

The "Polyethylene Terephthalate (PET)" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Polyethylene Terephthalate (PET) Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. The Polyethylene Terephthalate (PET) Market report provides an in-depth study of SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization.

Polyethylene Terephthalate Market size was valued at USD 27,111.19 Million in 2020 and is projected to reach USD 35,037.04 Million by 2027, growing at a CAGR of 3.69% from 2021 to 2027.

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Top Companies in the Global Polyethylene Terephthalate (PET) Market: Indorama Ventures(TH), DAK Americas(US), M&G Chemicals(CA), Far Eastern New Century(TW), JBF(IN), OCTAL Petrochemicals(OM), Dhunseri Petrochem & Tea(IN), Lotte Chemical(KR), SABIC(SA), Nan Ya Plastics(TW), Petroquimica Suape(BR), KoKsan(TR), EIPET(EG), Selenis(PT), NEO GROUP(LT), Polief(RU), Zhejiang Hengyi(CN), Sinopec Yizheng Chemical Fibre(CN), Sanfangxiang Group(CN), Since CR Chemicals(CN), Rongsheng petrochemical(CN), Wankai New Materials(CN), Far Eastern Industry (CN), Zhenbang Fibre(CN), and others.

Regional Analysis:

PET or PETE stands for polyethylene terephthalate, which is a non-toxic, lightweight, safe, and flexible material that can be recycled and reused efficiently. It can be treated three to four times without losing its chemical properties. These characteristics make polyethylene terephthalate an excellent choice for a variety of industries, including food & beverages, automotive, electronics, and textiles, to name a few. PET material is made up of polymerized units of the monomer ethylene terephthalate, and its strength is increased when it is mixed with other materials like glass fiber or carbon nanotubes. PET resins have become the material of choice in the packaging industry all over the world.

Industry News and Updates:

LOTTE Chemical expands EOA, the specialty material for architecture. 2021.01.27 LOTTE Chemical expanded the production line for EOA (Ethylene Oxide Adduct), the specialty material for architecture, within Yeosu Factory.

EOA, produced based on ethylene, is an ingredient for concrete water-reducing agent that is used for the construction of large structures, such as skyscrapers, piers, and dams. Water usage is reduced by 30% with the water-reducing agent containing EOA in concrete and it also strengthens the durability of concrete. It is a high value-added specialty material that allows long-distance transportation of concrete while keeping its fluidity.

The expanded EOA line is located within Yeosu Factory 4 and added 100,000 tons a year with the investment of 120 billion KRW. The construction began in August 2019 and commercial production was made available in January this year. LOTTE Chemical’s previous EOA production was a total of 230,000 tons a year, with 130,000 tons from Yeosu Factory, 50,000 tons from Daesan Factory, and 50,000 tons from Jiaxing Factory in China, and the new capacity is 330,000 tons with the expansion of Yeosu Factory.

This report segments the global Polyethylene Terephthalate (PET) market on the basis of Types is:

Fiber Grade

Bottle Grade

Film Grade

On the basis of Application, the global Polyethylene Terephthalate (PET) market is segmented into:

Polyester Fiber

Container

Film Products

Others

The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analysing previous year's data of these segments and sub-segments for getting an accurate and complete Polyethylene Terephthalate (PET) market size.

Influence of the Polyethylene Terephthalate (PET) Market Report:

-Comprehensive assessment of all opportunities and risk in the Polyethylene Terephthalate (PET) market.

-Polyethylene Terephthalate (PET) market recent innovations and major events.

-Detailed study of business strategies for growth of the Polyethylene Terephthalate (PET) market-leading players.

-Conclusive study about the growth plot of Polyethylene Terephthalate (PET) market for forthcoming years.

-In-depth understanding of Polyethylene Terephthalate (PET) market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Polyethylene Terephthalate (PET) market.

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Table Of Content

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 Polyethylene Terephthalate (PET) Market Competitor Landscape by Players

Chapter 4 Polyethylene Terephthalate (PET) Market Size by Type and Application

Chapter 5 Global and Regional Analysis

Chapter 6 Company Profiles

Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis

Chapter 8 Value Chain and Sales Channels Analysis

Chapter 9 Research Findings and Conclusion

Chapter 10 Methodology/Research Approach

Finally, the Polyethylene Terephthalate (PET) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on. Polyethylene Terephthalate (PET) industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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