Summary

Persistence Market Research has recently published an extensive report on the global Polyethylene Terephthalate (PET) market, offering a thorough analysis of market dynamics, including drivers, trends, opportunities, and challenges. The report provides a detailed examination of the market structure.

Key Insights:

• PET Market Size (2024E): US$47.7 Bn
• Projected Market Value (2031F): US$72.1 Bn
• Global Market Growth Rate (CAGR 2024 to 2031):6.1%

PET Market - Report Scope:

Polyethylene Terephthalate (PET) is a versatile thermoplastic polymer widely used in packaging, textiles, and various industrial applications. The PET market serves packaging industries for beverages, food, and pharmaceuticals, as well as the textile sector for fibers and films. Growth in the PET market is driven by the increasing demand for sustainable packaging solutions, advancements in recycling technologies, and the expansion of end-use industries, including food and beverage, automotive, and consumer goods.

Market Growth Drivers:

The global PET market is driven by several key factors, including a rising demand for eco-friendly and recyclable packaging solutions. Both consumers and companies are increasingly prioritizing sustainability, which boosts PET adoption due to its recyclability and durability. Technological advancements in PET recycling, such as the development of closed-loop systems and advanced sorting technologies, further stimulate market growth. Additionally, the expansion of the food and beverage industry and increasing consumer preference for bottled water and convenience foods contribute to the growing demand for PET packaging.

Market Restraints:

Despite promising growth prospects, the PET market faces challenges related to environmental concerns and regulatory pressures. The production and disposal of PET can lead to environmental pollution and plastic waste, resulting in stringent regulations and increased scrutiny from environmental groups. Additionally, fluctuations in raw material prices and supply chain disruptions can affect manufacturing costs and market stability. Addressing these environmental and economic challenges requires innovation in recycling processes, alternative materials, and effective waste management strategies.

Market Opportunities:

The PET market offers significant growth opportunities driven by technological innovations, changing consumer preferences, and evolving industry trends. Advanced PET recycling technologies, such as chemical recycling and enzymatic degradation, present opportunities for market expansion and sustainability. Furthermore, the growing adoption of PET in emerging applications, such as high-performance fibers and engineering plastics, broadens the market scope. Strategic investments in research and development, coupled with collaborations with industry stakeholders, are crucial for leveraging these opportunities and promoting sustainable growth in the PET market.

Key Questions Answered in the Report:

• What are the main factors driving global PET market growth?
• How do advancements in PET recycling technologies impact market dynamics?
• What are the key applications and end-use industries driving PET demand?
• Who are the major players in the PET market, and what strategies are they using to stay competitive?
• What are the emerging trends and future prospects for the global PET market?

Competitive Intelligence and Business Strategy:

Leading players in the global PET market, including Indorama Ventures Public Company Limited, Alpek S.A.B. de C.V., and Far Eastern New Century Corporation, focus on innovation, product differentiation, and strategic partnerships to gain a competitive advantage. These companies invest in R&D to develop advanced PET products, including high-performance and specialty grades, addressing diverse industry needs. Collaborations with packaging companies, technology providers, and regulatory agencies enhance market access and promote technology adoption. Emphasis on sustainability initiatives, such as closed-loop recycling and reducing environmental impact, is crucial for driving market growth and ensuring long-term success.

Key Companies Profiled:

• Indorama Ventures Public Company Limited
• Alpek S.A.B. de C.V.
• Far Eastern New Century Corporation
• DAK Americas LLC
• PETnology International
• Jiangsu Sanfangxiang Group Co., Ltd.
• M&G Chemicals
• Nan Ya Plastics Corporation
• Krones AG
• China Petroleum & Chemical Corporation (Sinopec)

Polyethylene Terephthalate (PET) Market Segmentation

By Product Type
• Virgin
• Recycled

By Application
• Sheets & Straps
• Rigid Packaging
• Film

By Region
• North America
• Europe
• East Asia
• South Asia & Oceania
• Latin America
• The Middle East & Africa

ページTOPに戻る

Table of Contents

1. Executive Summary
1.1. Global Polyethylene Terephthalate (PET) Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations
2. Market Overview
2.1. Market Scope and Definition
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Opportunity
2.2.4. Challenges
2.2.5. Key Trends
2.3. Macro-Economic Factors
2.3.1. Global Sectorial Outlook
2.3.2. Global GDP Growth Outlook
2.3.3. Other Macro-economic Factors
2.4. COVID-19 Impact Analysis
2.5. Forecast Factors - Relevance and Impact
2.6. Regulatory Landscape
2.7. Value Chain Analysis
2.7.1. List of Raw Materials Suppliers
2.7.2. List of Product Type Manufacturers
2.7.3. List of Product Type Distributors
2.7.4. List of End Users
2.8. PESTLE Analysis
2.9. Porter’s Five Force Analysis
3. Price Trend Analysis, 2019-2031
3.1. Key Highlights
3.2. Key Factors Impacting Product Type Prices
3.3. Pricing Analysis, By Product Type
3.4. Regional Prices and Historical and Future Growth Trends
4. Global Polyethylene Terephthalate (PET) Outlook: Historical (2019-2023) and Forecast (2024-2031)
4.1. Key Highlights
4.1.1. Market Volume (Kilo Tons) Projections
4.1.2. Market Size (US$ Bn) and Y-o-Y Growth
4.1.3. Absolute $ Opportunity
4.2. Market Size (US$ Bn) Analysis and Forecast
4.2.1. Historical Market Size (US$ Bn) Analysis, 2019-2023
4.2.2. Current Market Size (US$ Bn) Analysis and Forecast, 2024-2031
4.3. Global Polyethylene Terephthalate (PET) Outlook: Product Type
4.3.1. Introduction / Key Findings
4.3.2. Historical Market Size (US$ Bn) and Volume (Kilo Tons) Analysis, By Product Type, 2019-2023
4.3.3. Current Market Size (US$ Bn) and Volume (Kilo Tons) Analysis and Forecast, By Product Type, 2024-2031
4.3.3.1. Virgin
4.3.3.2. Recycled
4.4. Market Attractiveness Analysis: Product Type
4.5. Global Polyethylene Terephthalate (PET) Outlook: Application
4.5.1. Introduction / Key Findings
4.5.2. Historical Market Size (US$ Bn) Analysis, By Application, 2019-2023
4.5.3. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
4.5.3.1. Sheets & Straps
4.5.3.2. Rigid Packaging
4.5.3.3. Film
4.5.3.4. Others
4.6. Market Attractiveness Analysis: Application
5. Global Polyethylene Terephthalate (PET) Outlook: Region
5.1. Key Highlights
5.2. Historical Market Size (US$ Bn) and Volume (Kilo Tons) Analysis, By Region, 2019-2023
5.3. Current Market Size (US$ Bn) and Volume (Kilo Tons) Analysis and Forecast, By Region, 2024-2031
5.3.1. North America
5.3.2. Europe
5.3.3. East Asia
5.3.4. South Asia and Oceania
5.3.5. Latin America
5.3.6. Middle East & Africa
5.4. Market Attractiveness Analysis: Region
6. North America Polyethylene Terephthalate (PET) Outlook: Historical (2019-2023) and Forecast (2024-2031)
6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Bn) and Volume (Kilo Tons) Analysis, By Market, 2019-2023
6.3.1. By Country
6.3.2. By Product Type
6.3.3. By Application
6.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
6.4.1. U.S.
6.4.2. Canada
6.5. Current Market Size (US$ Bn) and Volume (Kilo Tons) Analysis and Forecast, By Product Type, 2024-2031
6.5.1. Virgin
6.5.2. Recycled
6.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
6.6.1. Sheets & Straps
6.6.2. Rigid Packaging
6.6.3. Film
6.6.4. Others
6.7. Market Attractiveness Analysis
7. Europe Polyethylene Terephthalate (PET) Outlook: Historical (2019-2023) and Forecast (2024-2031)
7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) and Volume (Kilo Tons) Analysis, By Market, 2019-2023
7.3.1. By Country
7.3.2. By Product Type
7.3.3. By Application
7.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
7.4.1. Germany
7.4.2. France
7.4.3. U.K.
7.4.4. Italy
7.4.5. Spain
7.4.6. Russia
7.4.7. Turkey
7.4.8. Rest of Europe
7.5. Current Market Size (US$ Bn) and Volume (Kilo Tons) Analysis and Forecast, By Product Type, 2024-2031
7.5.1. Virgin
7.5.2. Recycled
7.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
7.6.1. Sheets & Straps
7.6.2. Rigid Packaging
7.6.3. Film
7.6.4. Others
7.7. Market Attractiveness Analysis
8. East Asia Polyethylene Terephthalate (PET) Outlook: Historical (2019-2023) and Forecast (2024-2031)
8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) and Volume (Kilo Tons) Analysis, By Market, 2019-2023
8.3.1. By Country
8.3.2. By Product Type
8.3.3. By Application
8.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
8.4.1. China
8.4.2. Japan
8.4.3. South Korea
8.5. Current Market Size (US$ Bn) and Volume (Kilo Tons) Analysis and Forecast, By Product Type, 2024-2031
8.5.1. Virgin
8.5.2. Recycled
8.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
8.6.1. Sheets & Straps
8.6.2. Rigid Packaging
8.6.3. Film
8.6.4. Others
8.7. Market Attractiveness Analysis
9. South Asia & Oceania Polyethylene Terephthalate (PET) Outlook: Historical (2019-2023) and Forecast (2024-2031)
9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) and Volume (Kilo Tons) Analysis, By Market, 2019-2023
9.3.1. By Country
9.3.2. By Product Type
9.3.3. By Application
9.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
9.4.1. India
9.4.2. Southeast Asia
9.4.3. ANZ
9.4.4. Rest of South Asia & Oceania
9.5. Current Market Size (US$ Bn) and Volume (Kilo Tons) Analysis and Forecast, By Product Type, 2024-2031
9.5.1. Virgin
9.5.2. Recycled
9.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
9.6.1. Sheets & Straps
9.6.2. Rigid Packaging
9.6.3. Film
9.6.4. Others
9.7. Market Attractiveness Analysis
10. Latin America Polyethylene Terephthalate (PET) Outlook: Historical (2019-2023) and Forecast (2024-2031)
10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) and Volume (Kilo Tons) Analysis, By Market, 2019-2023
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Application
10.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
10.4.1. Brazil
10.4.2. Mexico
10.4.3. Rest of Latin America
10.5. Current Market Size (US$ Bn) and Volume (Kilo Tons) Analysis and Forecast, By Product Type, 2024-2031
10.5.1. Virgin
10.5.2. Recycled
10.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
10.6.1. Sheets & Straps
10.6.2. Rigid Packaging
10.6.3. Film
10.6.4. Others
10.7. Market Attractiveness Analysis
11. Middle East & Africa Polyethylene Terephthalate (PET) Outlook: Historical (2019-2023) and Forecast (2024-2031)
11.1. Key Highlights
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Bn) and Volume (Kilo Tons) Analysis, By Market, 2019-2023
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Application
11.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
11.4.1. GCC Countries
11.4.2. Egypt
11.4.3. South Africa
11.4.4. Northern Africa
11.4.5. Rest of Middle East & Africa
11.5. Current Market Size (US$ Bn) and Volume (Kilo Tons) Analysis and Forecast, By Product Type, 2024-2031
11.5.1. Virgin
11.5.2. Recycled
11.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
11.6.1. Sheets & Straps
11.6.2. Rigid Packaging
11.6.3. Film
11.6.4. Others
11.7. Market Attractiveness Analysis
12. Competition Landscape
12.1. Market Share Analysis, 2023
12.2. Market Structure
12.2.1. Competition Intensity Mapping By Market
12.2.2. Competition Dashboard
12.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
12.3.1. Indorama Ventures
12.3.1.1. Overview
12.3.1.2. Segments and Grades
12.3.1.3. Key Financials
12.3.1.4. Market Developments
12.3.1.5. Market Strategy
12.3.2. BASF SE
12.3.3. Far Eastern New Century Corp
12.3.4. Zhejiang Wankai New Materials Co Ltd
12.3.5. Reliance Industries Ltd.
12.3.6. The Dow Chemicals Company
12.3.7. Nan Ya Plastics Corporation
12.3.8. DAK Americas
12.3.9. SABIC
12.3.10. SK Chemicals
12.3.11. Neo Group
12.3.12. Alpek S.A.B. de C.V.
12.3.13. Lotte Chemical Corporation
12.3.14. Selenis
12.3.15. Zhejiang Hengyi Group Co., Ltd.
13. Appendix
13.1. Research Methodology
13.2. Research Assumptions
13.3. Acronyms and Abbreviations