A Polyethylene Terephthalate (PET) Market, By Product Type (Carbonated Soft Drink, Bottled Water, Other Drinks, Sheets & Films, Food, Non-Food), By Application (Food and Beverages

Polyethylene terephthalate also known as PET, is the common thermoplastic polymer resin of the polyester family. This type of PET is largely used in the production of fibers which finds wide applications in the manufacture of containers, clothing and thermoforming. PET are of two types, virgin and recycle. Rapidly growing popularity of PET among consumers due to rise in preference for packaged and convenience food across the world is increasing, which in turn is propelling the growth of polyethylene terephthalate market. Light weight and unbreakable properties of PET is dominating the market in the over the following decade.

Increasing demand for bottled water is projected to be the key driver for global PET market growth. With the rise in health awareness and easy availability of bottled water, the consumption of bottle water is increasing. PET water bottles are easy to handle, non-breakable and light weight and can be recycled to variety of products such as door panels, winter coats, sheets, industrial strapping, automobile parts and fibers. Technological advancement coupled with increase in demand from various end use industries, such as packaging, automobiles and electronics has fueled the growth of the global polyethylene terephthalate (PET) market in the following years.

Market Dynamics

Based on application, food & beverages application accounted for the largest market share in terms of revenue and contributed 80.3% in 2021. The segment growth is majorly driven by the rising demand for food along with increasing application of Polyethylene Terephthalate in the packaging of the food products.

Among region, Asia Pacific accounted for the largest revenue share in 2021 and contributed a revenue share of 48% in 2021, followed by Europe and North America.

Key features of the study:

  • This report provides in-depth analysis of Global Polyethylene Terephthalate market and provides market size (US$ Billion and Kilo Tons) and cumulative annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains an attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global polyethylene terephthalate (PET) market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Alpek S.A.B de C.V., RTP Company, BASF SE, The Dow Chemicals Company, Jiangsu Sanfangxiang Group, Indorama Ventures, M&G Chemicals, Nan Ya Plastics Corporation, Far Eastern New Century, and Quadrant AG.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology upgrade, market expansion, and marketing tactics
  • The global Polyethylene Terephthalate market report caters to various stakeholders in this industry including investors, suppliers, Polyethylene Terephthalate (PET) manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Polyethylene Terephthalate (PET) market
Detailed Segmentation:
  • Global Polyethylene Terephthalate Market, By Product Type:
  • Carbonated Soft Drink
  • Bottled Water
  • Other Drinks
  • Sheets & Films
  • Food
  • Non-Food
  • Global Polyethylene Terephthalate Market, By Application:
  • Food & Beverages
  • Automotive
  • Electronics
  • Others
  • Global Polyethylene Terephthalate Market, By Region:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa
  • Company Profiles
  • Alpek S.A.B de C.V.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments
  • Future Plans
  • RTP Company
  • BASF SE
  • The Dow Chemicals Company
  • Jiangsu Sanfangxiang Group
  • Indorama Ventures
  • M&G Chemicals
  • Nan Ya Plastics Corporation
  • Far Eastern New Century
  • Quadrant AG.


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Polyethylene Terephthalate Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting Global Polyethylene Terephthalate Market – COVID-19
Impact Analysis
5. Global Polyethylene Terephthalate Market, By Product Type, 2020-2032 (US$ Million)
Introduction
Market Share Analysis, 2025, 2028 and 2032(%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Carbonated Soft Drink
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn & KT)
Bottled Water
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn & KT)
Other Drinks
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn & KT)
Sheet and Films
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn & KT)
Food
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn & KT)
Non-Food
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn & KT)
6. Global Polyethylene Terephthalate Market, By Application, 2020-2032 (US$ Million)
Introduction
Market Share Analysis, 2025, 2028 and 2032(%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Food & Beverages
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn & KT
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn & KT)
Electronics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn & KT)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn & KT)
7. Global Polyethylene Terephthalate Market, By Region, 2020-2032 (US$ Million)
Introduction
Market Share Analysis, By Region, 2025, 2028 and 2032(%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
North America
Market Share Analysis, By Country, 2025, 2028 and 2032(%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
U.S.
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Canada
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Latin America
Market Share Analysis, By Country, 2020 and 2032(%)
Y-o-Y Growth Analysis, By Country, 2021 - 2032
Mexico
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Brazil
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Argentina
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Rest of Latin America
Country/Region Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Europe
Market Share Analysis, By Country, 2025, 2028 and 2032(%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
EU
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Benelux
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Nordic
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Russia
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Ukraine
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Poland
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Rest of Europe
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Asia Pacific
Market Share Analysis, By Country, 2025, 2028 and 2032(%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
China
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
India
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Japan
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
ASEAN
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
OCEANIA
Country Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Rest of Asia Pacific
Country/Region Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Middle East & Africa
Market Share Analysis, By Sub-region, 2025, 2028 and 2032(%)
Y-o-Y Growth Analysis, By Sub-region, 2020 - 2032
Turkey
Country/Region Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
GCC
Country/Region Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
South Africa
Country/Region Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
Rest of Middle East & Africa
Country/Region Trends
Market Size and Forecast, By Product Type, 2020 - 2032(US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032(US$ Bn & KT)
8. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Alpek S.A.B de C.V.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
RTP Company
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
BASF SE
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
The Dow Chemicals Company
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Jiangsu Sanfangxiang Group
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Indorama Ventures
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
M&G Chemicals
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Nan Ya Plastics Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Far Eastern New Century
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Analyst Views
Quadrant AG.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Analyst Views
9. Section
References
Research Methodology
About Us and Sales Contact
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