Polyethylene Terephthalate Glycol (PETG) Market Growth in 2025-2031: Dynamics, Opportunities, and Strategies

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Polyethylene Terephthalate Glycol (PETG)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Polyethylene Terephthalate Glycol (PETG) was estimated to be worth US$ 1686 million in 2024 and is forecast to a readjusted size of US$ 2470 million by 2031 with a CAGR of 5.7% during the forecast period 2025-2031.

【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】
https://www.qyresearch.com/reports/4706698/polyethylene-terephthalate-glycol--petg

According to the new market research report "Global Polyethylene Terephthalate Glycol (PETG) Market Insights, Forecast to 2031", published by QYResearch, the global Polyethylene Terephthalate Glycol (PETG) market size is projected to reach USD 2.35 billion by 2030, at a CAGR of 5.6% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of Polyethylene Terephthalate Glycol (PETG) include Eastman, SK Chemical, China Resources Chemical Materials, Huahong Chemical Fiber, Liaoyang Petrochemical, Henan Yinjinda New Materials, Hubei Guoxin Juzhi, Selenis, Wankai New Materials, Jiangsu Jinghong, etc. In 2023, the global top five players had a share approximately 98.0% in terms of revenue.

The Polyethylene Terephthalate Glycol (PETG) market has experienced growth due to several drivers, while also facing certain challenges:

Market Drivers:

Versatility: PETG offers versatility in applications due to its excellent combination of properties such as clarity, toughness, chemical resistance, and recyclability. This versatility has driven its demand across various industries including packaging, automotive, electronics, and healthcare.

Sustainability: PETG is recyclable, making it an attractive option for companies and consumers seeking sustainable packaging solutions. With increasing environmental concerns and regulatory pressures to reduce plastic waste, PETG's recyclability positions it favorably in the market.

Substitute for Traditional Materials: PETG serves as a viable substitute for traditional materials like glass and other plastics in many applications. Its lightweight nature, durability, and cost-effectiveness make it an appealing choice for manufacturers looking to reduce costs and improve product performance.

Growth in End-Use Industries: The growth of industries such as food and beverage, healthcare, and consumer goods drives the demand for PETG packaging solutions. PETG's suitability for packaging various products including beverages, personal care items, and medical supplies contributes to its market growth.

Technological Advancements: Continuous research and development efforts in polymer chemistry and processing technologies have led to improvements in PETG's properties and production processes. These advancements have expanded its applications and improved its performance in demanding environments.

Challenges:

Competitive Landscape: The PETG market faces competition from other polymers such as polyethylene (PE), polypropylene (PP), and polycarbonate (PC). The availability of alternative materials with similar properties and lower costs can pose challenges to PETG's market penetration.

Price Volatility: Fluctuations in raw material prices, particularly those of ethylene glycol and terephthalic acid, which are key components in PETG production, can impact the profitability of PETG manufacturers and affect market stability.

Regulatory Compliance: Compliance with regulations regarding food contact, recycling standards, and environmental sustainability poses challenges for PETG manufacturers. Adhering to stringent regulations requires investments in research, testing, and certification processes.

Recycling Infrastructure: While PETG is recyclable, the effectiveness of recycling depends on the availability and efficiency of recycling infrastructure. Insufficient recycling facilities and collection systems can limit the recyclability of PETG and contribute to environmental concerns regarding plastic waste.

Consumer Perception: Despite being recyclable, PETG is still perceived by some consumers as a form of single-use plastic, which can affect its acceptance in the market. Educating consumers about PETG's recyclability and sustainability benefits is essential to overcome this perception challenge.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Polyethylene Terephthalate Glycol (PETG) market is segmented as below:
By Company
Eastman
SK Chemical
Selenis
Jiangsu Jinghong
Liaoyang Petrochemical
Huahong Chemical Fiber
Dragon Special Resin(Xiamen)
China Resources Chemical Materials
Henan Yinjinda New Materials
Wankai New Materials
Hubei Guoxin Juzhi

Segment by Type
Extruded Grade
Injection Molding Grade
Blow Molding Grade

Segment by Application
Food & Beverage
Cosmetic
Medical
Others

Each chapter of the report provides detailed information for readers to further understand the Polyethylene Terephthalate Glycol (PETG) market:
Chapter 1: Introduces the report scope of the Polyethylene Terephthalate Glycol (PETG) report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Polyethylene Terephthalate Glycol (PETG) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Polyethylene Terephthalate Glycol (PETG) market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Polyethylene Terephthalate Glycol (PETG) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Polyethylene Terephthalate Glycol (PETG) in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Polyethylene Terephthalate Glycol (PETG) competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Polyethylene Terephthalate Glycol (PETG) comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Polyethylene Terephthalate Glycol (PETG) market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global Polyethylene Terephthalate Glycol (PETG) Market Insights, Forecast to 2031
Global Polyethylene Terephthalate Glycol (PETG) Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Polyethylene Terephthalate Glycol (PETG) Market Research Report 2025
Global Polyethylene Terephthalate-Glycol (PETG) Market Research Report 2025
Global Polyethylene Terephthalate-Glycol (PETG) Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Polyethylene Terephthalate-Glycol (PETG)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Polyethylene Terephthalate Glycol (PETG)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global and China Polyethylene Terephthalate Glycol (PETG) Market Report & Forecast 2024-2030
Polyethylene Terephthalate Glycol (PETG)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Polyethylene Terephthalate Glycol (PETG) Market Research Report 2024
Global Polyethylene Terephthalate-Glycol (PETG) Market Insights, Forecast to 2030
Global Polyethylene Terephthalate Glycol (PETG) Industry Research Report, Growth Trends and Competitive Analysis 2024-2030
Global Polyethylene Terephthalate Glycol (PETG) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030
Global Polyethylene Terephthalate Glycol (PETG) Market Insights, Forecast to 2030
Global and South Korea Polyethylene Terephthalate Glycol (PETG) Market Report & Forecast 2024-2030
Polyethylene Terephthalate-Glycol (PETG) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Polyethylene Terephthalate-Glycol (PETG) Market Research Report 2024
Polyethylene Terephthalate Glycol (PETG) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Polyethylene Terephthalate Glycol (PETG) - Global Market Insights and Sales Trends 2024
Global Polyethylene Terephthalate-Glycol (PETG) Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application



About Us:
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 18 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

If you have any queries regarding this report or if you would like further information, please contact us:

QY Research Inc.

Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States

E-mail: global@qyresearch.com

Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)

EN: https://www.qyresearch.com

JP: https://www.qyresearch.co.jp

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

This release was published on openPR.