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Polyethylene Terephthalate And Polybutylene Terephthalate Resins Market Trends, Top Companies, Share, Growth And Forecast 2032
Polyethylene Terephthalate And Polybutylene Terephthalate Resins Market
As per the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market report by The Business Research Company, an increase in demand for polyethylene terephthalate (PET) in the packaging sector is expected to propel the growth of the polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market going forward. The packaging industry is a business that designs and manufactures packaging products. Polyethylene terephthalate (PET) contains characteristics such as clear, long-lasting, chemically inert, and lightweight, which are suitable for making polyethylene packaging products.
The global polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market size grew from $39.98 billion in 2022 to $44.26 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market size is expected to grow to $63.76 billion in 2027 at a CAGR of 9.6%.
Read More On The Polyethylene Terephthalate And Polybutylene Terephthalate Resins Market Report Here:
https://www.thebusinessresearchcompany.com/report/polyethylene-terephthalate-pet-and-polybutylene-terephthalate-pbt-resins-global-market-report
Major competitors in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market include Saudi Basic Industries Corporation, BASF SE, Indorama Ventures Limited, Mitsubishi Chemical Corporation, Toray Industries Inc., Koninklijke DSM N.V., Jiangsu Sanfangxiang Group Co.Ltd., M&G Chemicals SA, DowDuPont Inc., Nan Ya Plastics Corporation, Reliance Industries Limited, Far Eastern New Century Corporation, RTP Company Inc., Kolon Plastics Inc., Celanese Corporation, and Distrupol Ltd.
The polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market is segmented -
• By Type: Transparent And Non-Transparent Pet, Recycled Pet
• By PET Application: Bottles, Films, Food Packaging, Other PET Applications
• By PBT Application: Electrical And Electronics, Automotive, Consumer Appliances, Other PBT Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market.
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Polyethylene terephthalate is a strong, rigid synthetic fiber and resin belonging to the polyester family of polymers and formed by the polymerization of ethylene glycol with terephthalic acid. Polybutylene terephthalate (PBT) resin is a crystalline synthetic resin formed by the polymerization of butanediol and terephthalic acid. Polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resins are used in the manufacture of lightweight plastic for packaging foods and beverages, and soft drinks.
The Table Of Content For The Polyethylene Terephthalate And Polybutylene Terephthalate Resins Market Include:
1. Executive Summary
2. Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Characteristics
3. Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Trends And Strategies
4. Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market - Macro Economic Scenario
5. Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Size And Growth
……
26. Africa Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market
27. Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market
29. Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Future Outlook and Potential Analysis
30. Appendix
The "Global Polyethylene Terephthalate And Polybutylene Terephthalate Resins Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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