According to the recent study the polyethylene terephthalate resin market is projected to reach an estimated $43 million by 2030 from $30 million in 2023 at a CAGR of 5% from 2023 to 2030. Growth in this market is primarily driven by growing demand for application in packaging for water, carbonated soft drinks, pharmaceuticals and other food & beverages in developing countries.
Browse 116 figures/charts
and 102 tables in this 214-page report to understand trends, opportunities and
forecast in polyethylene terephthalate resin market by end use (food and
beverages, consumer goods, industrial, medical, electrical and electronics,
textile, and others), product type (bottle, film sheet, food, packaging, and
others), and region (North America, Europe, Asia Pacific, Middle East and
Africa, and South America).
Lucintel forecasts that
food and beverage will remain the largest end use whereas medical is expected
to witness highest growth over the forecast period by value and volume due to
its higher demand in various products for healthcare industry.
Bottle will remain the
largest segment due to its wide application area in food and beverage and
consumer goods industries.
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polyethylene terephthalate resin
market.
Asia Pacific is expected
to remain the largest market by value and volume and it is also expected to
witness the highest growth over the forecast period due to its use of
engineering plastic products in the packaging sector.
Indorama Ventures Public
Company Ltd., Alpek, Far Eastern New Century Corporation, Sinopec Group, Nan ya
Plasticare the major supplier in thepolyethylene terephthalate resin
providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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