Get E-PDF Sample Report on Polyethylene Terephthalate (PET) Market - Request Sample Report
The Polyethylene Terephthalate (PET) Market size was USD 40.29 billion in 2023 and is expected to Reach USD 79.15 billion by 2032 and grow at a CAGR of 7.79% over the forecast period of 2024-2032.
The Polyethylene Terephthalate (PET) market has experienced significant growth, driven by its diverse applications and recyclable nature. One of the key trends is the increasing adoption of PET in the production of smart textiles, especially in electronics, fashion, and healthcare sectors. In 2024, innovations in smart textiles production have enhanced efficiency and scalability, making it a promising area for future growth. In India, efforts to integrate smart textiles into mainstream industries, including fashion and fitness, are gaining momentum despite challenges. PET’s popularity also stems from its widespread use in the automotive industry, where it is employed for its lightweight properties, and in textiles, where it is used in fiber form under the name "polyester." Its versatility as a material that can be molded into various shapes has made it an essential component in many applications, from bottles and packaging to fibers and fabrics.
The recycling of PET plays a crucial role in its continued demand. As the most widely recycled plastic, PET is often reused to create products like fiberfill or carpet fibers, with advanced techniques enabling it to be recycled into its original form. Innovations in PET recycling processes, such as breaking down the polymer into its chemical components for resynthesis, have contributed to the market’s growth, making it a sustainable option for many industries. Despite its numerous benefits, PET has some health concerns associated with its exposure to antimony, which can cause cancer, and phthalates, which are endocrine disruptors. This has prompted ongoing research to address these issues and improve the safety of PET-based products. However, its environmental sustainability and wide range of applications continue to fuel the growth of the PET market.
DRIVERS
As consumers and industries seek to reduce plastic waste, PET is increasingly favored for its recyclability and lighter environmental footprint compared to alternative materials. PET is widely used in the packaging of food, beverages, and consumer goods due to its durability, ease of use, and ability to be recycled multiple times. This trend is driving growth, especially as the global focus shifts toward a circular economy where materials are reused. Additionally, technological advancements are making PET more efficient and cost-effective to produce. Companies are innovating to improve PET’s recyclability and introduce more eco-friendly versions, further enhancing its market appeal. As sustainability regulations tighten and consumer demand for green products rises, the PET market is expected to grow steadily, with increasing adoption across industries such as beverage packaging, textiles, and automotive sectors.
RESTRAINT
PET, commonly used in packaging such as bottles, is widely recognized for its durability and ability to be recycled. However, a large portion of PET waste still ends up in landfills or oceans, contributing to long-term environmental damage. As PET is not biodegradable, its persistence in natural ecosystems leads to pollution, particularly affecting marine life. The slow recycling rate and inadequate waste management systems exacerbate the problem. This growing environmental concern has prompted governments and regulatory bodies to impose stricter regulations on plastic waste disposal and encourage more sustainable practices. Increased efforts are being made to improve recycling technologies, promote waste reduction, and enhance public awareness. These measures aim to mitigate the negative environmental impact and promote a more circular economy for PET and other plastics.
By Type
Virgin segment dominated with the market share over 58% in 2023, primarily due to its extensive application in packaging, particularly within the food and beverage industry. Renowned for its high purity, exceptional transparency, and durability, virgin PET is a preferred material for producing bottles, containers, and various other packaging solutions. Its superior properties, such as resistance to impact and ability to preserve the freshness of contents, make it ideal for single-use plastic products, which remain in high demand globally. Additionally, the cost-effectiveness and ease of manufacturing associated with virgin PET further bolster its dominance in the market. While environmental concerns around single-use plastics are rising, virgin PET continues to be widely utilized due to its reliability and established infrastructure for production and distribution.
Asia-Pacific region dominated with the market share over 42% in 2023, owing to its substantial production and consumption, particularly in nations like China and India. This dominance stems from several key factors, including the rapid expansion of the food and beverage industry, which heavily relies on PET for packaging due to its lightweight, durability, and recyclability. Additionally, the region's robust manufacturing capabilities and access to raw materials facilitate large-scale production, making it a global hub for PET supply. The growing population, coupled with increasing urbanization, further fuels demand for PET-based packaging solutions for bottled beverages, packaged food, and consumer goods.
North America is the fastest-growing region in the Polyethylene Terephthalate (PET) Market, driven by the increasing emphasis on sustainable and recyclable packaging solutions. The region's growth is fueled by advancements in packaging technologies that enhance product durability and eco-friendliness. Rising consumer awareness about environmental issues has prompted a shift towards PET due to its recyclability and reduced environmental footprint. Additionally, the demand for PET in sectors like food and beverage, pharmaceuticals, and personal care is accelerating as companies adopt innovative, sustainable packaging strategies.
Get Customized Report as Per Your Business Requirement - Request For Customized Report
Some of the major key players of the Polyethylene Terephthalate (PET) Market
Suppliers for (Producing high-performance PET resins, particularly for advanced applications in automotive, packaging, and industrial products) of Polyethylene Terephthalate (PET) Market
RECENT DEVELOPMENT
In April 22, 2024: Far Eastern New Century Corporation (FENC) has started construction on the expansion of its green PET production facility in Malacca, Malaysia, aiming to produce 50,000 metric tons annually by mid-2025. This move strengthens FENC's leadership in sustainable materials and supports the global push for eco-friendly packaging solutions.
In April 8, 2024: SABIC and Pashupati Group have partnered to enhance used plastics recycling in India, focusing on converting plastic waste into pyrolysis oil for SABIC’s certified circular polymers. This collaboration aims to reduce plastic pollution and lower demand for virgin plastics by recycling and upcycling waste into valuable products.
In 2023: Indorama Ventures Co Ltd partnered with Evertis, a leader in green PET barrier films, to develop PET film suitable for food packaging trays using flakes from recycled PET trays. This collaboration is a significant step toward reducing PET tray waste and incineration, supporting the EU's recycling goals, and promoting a circular economy for PET trays.
In 2023: SABIC launched the SABIC Material Finder website, offering customers a streamlined platform to search, compare, and manage the selection of specialty thermoplastic materials for various applications.
| Report Attributes | Details |
| Market Size in 2023 | USD 40.29 Billion |
| Market Size by 2032 | USD 79.15 Billion |
| CAGR | CAGR of 7.79% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Virgin, Recycled) • By Application (Sheets & Films, Packaging, Consumer Goods, Others) • By End-User (Food & Beverage, Automotive, Electrical & Electronics, Healthcare, Consumer Goods, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Indorama Ventures Public Co Ltd, SABIC, Far Eastern New Century Corporation, LyondellBasell Industries Holdings B.V., LOTTE Chemical CORPORATION, BASF SE, LANXESS, DuPont, NAN YA PLASTICS CORPORATION, Eastman Chemical Company, M&G Chemicals, Reliance Industries Limited, Kraton Polymers, Zhejiang Materials Industry Group Corp., Perstorp, Toray Industries, Inc., China National Petroleum Corporation, PETROCHINA, Alpek S.A.B. de C.V., Shenzhen Yida Petrochemical Company, and Others |
| Key Drivers | • The growing emphasis on sustainability has significantly boosted the demand for Polyethylene Terephthalate (PET) in packaging. |
| Restraints | • Environmental concerns over plastic waste, particularly Polyethylene Terephthalate (PET), have become a major global issue despite its recyclability. |
Ans: Asia-Pacific dominated the Polyethylene Terephthalate (PET) Market in 2023.
Ans: The “Virgin” segment dominated the Polyethylene Terephthalate (PET) Market.
Ans The growing demand for sustainable packaging and advancements in recyclability are driving the increased use of Polyethylene Terephthalate (PET) across industries, particularly in food, beverage, and consumer goods packaging.
Ans: The Polyethylene Terephthalate (PET) Market was USD 40.29 billion in 2023 and is expected to Reach USD 79.15 billion by 2032.
Ans: The Polyethylene Terephthalate (PET) Market is expected to grow at a CAGR of 7.79% during 2024-2032.
TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics
4.1 Market Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Feedstock Prices, by Country, By Type, 2023
5.2 Regulatory Impact, by Country, By Type, 2023
5.3 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.4 Innovation and R&D, By Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Polyethylene Terephthalate (PET) Market Segmentation, By Type
7.1 Chapter Overview
7.2 Virgin
7.1 Virgin Market Trends Analysis (2020-2032)
7.2 Virgin Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Recycled
7.3.1 Recycled Market Trends Analysis (2020-2032)
7.3.2 Recycled Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Polyethylene Terephthalate (PET) Market Segmentation, By Application
8.1 Chapter Overview
8.2 Sheets & Films
8.2.1 Sheets & Films Market Trends Analysis (2020-2032)
8.2.2 Sheets & Films Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Packaging
8.3.1 Packaging Market Trends Analysis (2020-2032)
8.3.2 Packaging Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.3 Bottled Water
8.3.3.1 Bottled Water Market Trends Analysis (2020-2032)
8.3.3.2 Bottled Water Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.4 Carbonated Soft Beverages
8.3.4.1 Carbonated Soft Beverages Market Trends Analysis (2020-2032)
8.3.4.2 Carbonated Soft Beverages Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.5 Juices
8.3.5.1 Juices Market Trends Analysis (2020-2032)
8.3.5.2 Juices Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.6 Alcoholic Beverages
8.3.6.1 Alcoholic Beverages Market Trends Analysis (2020-2032)
8.3.6.2 Alcoholic Beverages Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.7 Thermoforming Trays
8.3.7.1 Thermoforming Trays Market Trends Analysis (2020-2032)
8.3.7.2 Thermoforming Trays Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.8 Food Packaging
8.3.8.1 Food Packaging Market Trends Analysis (2020-2032)
8.3.8.2 Food Packaging Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.9 Non-Food Packaging
8.3.9.1 Non-Food Packaging Market Trends Analysis (2020-2032)
8.3.9.2 Non-Food Packaging Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.10 Others
8.3.10.1 Others Market Trends Analysis (2020-2032)
8.3.10.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Consumer Goods
8.4.1 Consumer Goods Market Trends Analysis (2020-2032)
8.4.2 Consumer Goods Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Others
8.5.1 Others Market Trends Analysis (2020-2032)
8.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Polyethylene Terephthalate (PET) Market Segmentation, By End-User
9.1 Chapter Overview
9.2 Food & Beverage
9.2.1 Food & Beverage Market Trends Analysis (2020-2032)
9.2.2 Food & Beverage Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Automotive
9.3.1 Automotive Market Trends Analysis (2020-2032)
9.3.2 Automotive Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Electrical & Electronics
9.4.1 Electrical & Electronics Market Trends Analysis (2020-2032)
9.4.2 Electrical & Electronics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Healthcare
9.5.1 Healthcare Market Trends Analysis (2020-2032)
9.5.2 Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Consumer Goods
9.6.1 Consumer Goods Market Trends Analysis (2020-2032)
9.6.2 Consumer Goods Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Others
9.7.1 Others Market Trends Analysis (2020-2032)
9.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.4 North America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.5 North America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.6.2 USA Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.6.3 USA Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.7.2 Canada Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.7.3 Canada Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.8.2 Mexico Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.8.3 Mexico Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.6.2 Poland Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.6.3 Poland Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.7.2 Romania Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.7.3 Romania Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.4 Western Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.5 Western Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.6.2 Germany Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.6.3 Germany Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.7.2 France Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.7.3 France Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.8.2 UK Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.8.3 UK Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.9.2 Italy Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.9.3 Italy Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.10.2 Spain Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.10.3 Spain Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.13.2 Austria Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.13.3 Austria Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4 Asia-Pacific
10.4.1 Trends Analysis
10.4.2 Asia-Pacific Polyethylene Terephthalate (PET) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia-Pacific Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.4 Asia-Pacific Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.5 Asia-Pacific Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.6.2 China Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.6.3 China Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.7.2 India Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.7.3 India Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.8.2 Japan Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.8.3 Japan Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.9.2 South Korea Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.9.3 South Korea Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.10.2 Vietnam Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.10.3 Vietnam Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.11.2 Singapore Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.11.3 Singapore Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.12.2 Australia Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.12.3 Australia Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.13 Rest of Asia-Pacific
10.4.13.1 Rest of Asia-Pacific Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia-Pacific Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia-Pacific Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Polyethylene Terephthalate (PET) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.4 Middle East Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.5 Middle East Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.6.2 UAE Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.6.3 UAE Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Polyethylene Terephthalate (PET) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.4 Africa Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.5 Africa Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.4 Latin America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.5 Latin America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.6.2 Brazil Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.6.3 Brazil Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.7.2 Argentina Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.7.3 Argentina Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.8.2 Colombia Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.8.3 Colombia Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Polyethylene Terephthalate (PET) Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
11. Company Profiles
11.1 Indorama Ventures Public Co Ltd
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 SABIC
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Far Eastern New Century Corporation
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 LyondellBasell Industries Holdings B.V.
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 LOTTE Chemical CORPORATION
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 BASF SE
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 LANXESS
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 DuPont
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 NAN YA PLASTICS CORPORATION
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Eastman Chemical Company
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Type
Virgin
Recycled
By Application
Sheets & Films
Packaging
Bottled Water
Carbonated Soft Beverages
Juices
Alcoholic Beverages
Thermoforming Trays
Food Packaging
Non-Food Packaging
Others
Consumer Goods
Others
By End-User
Food & Beverage
Automotive
Electrical & Electronics
Healthcare
Consumer Goods
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
White Inorganic Pigments Market was estimated at USD 24.14 billion in 2023 and is expected to reach USD 39.14 billion by 2032 at a CAGR of 5.52% by 2024-2032.
The Foam Glass Market Size was valued at USD 2.0 billion in 2023 and is expected to reach USD 3.3 billion by 2032 and grow at a CAGR of 5.6% over the forecast period 2024-2032.
The Firefighting Foam Market Size was valued at USD 5.2 Bn in 2023 and is expected to reach USD 7.21 Bn by 2032 and grow at a CAGR of 3.7% by 2024-2032
Aerosol Market Size was valued at USD 85.4 Billion in 2023 and is expected to reach USD 150.2 billion by 2032, growing at a CAGR of 6.5% from 2024 to 2032.
The Collagen Peptides Market size was USD 683.9 Million in 2023 and is expected to reach USD 1118.2 Million by 2032 and grow at a CAGR of 5.6% over the forecast period of 2024-2032.
The Food Grade Alcohol Market size was valued at USD 2.41 billion in 2023. It is estimated to hit USD 3.38 billion by 2031 and grow at a CAGR of 4.2% over the forecast period of 2024-2031.
Hi! Click one of our member below to chat on Phone
© 2025 All Rights Reserved by SNS Insider Pvt Ltd
