Global Polyethylene Terephthalate Market to grow at a CAGR of 7.466% during 2017-2021

About PET

Polyethylene terephthalate (PET) is an amorphous glass-like material in its purest form. It converts to crystals under the influence of direct modifying additives. Crystallinity can also be developed when the polymer melt is heat treated. Being a thermoplastic recyclable polymer, PET is the number one choice for many applications; thereby, satisfying the requirement for a greener and eco-friendlier alternative to commonly used plastics such as polyethylene.

Technavios analysts forecast the global PET market to grow at a CAGR of 7.466% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global PET market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of PET in the global market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global PET Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
DuPont
FENC
Indorama Ventures
Jiangsu Sanfangxiang
M&G Chemicals
SABIC

Other prominent vendors
Covestro
DAK Americas
Quadrant
Seda De Barcelona
NEOGROUP

Market driver
Increase in consumption of packaging material
For a full, detailed list, view our report

Market challenge
Volatility in crude oil prices
For a full, detailed list, view our report

Market trend
Increase in use of bio-based PET products
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.