Market Research Logo

Global Polyethylene Terephthalate Market 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.

Technavio’s 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.

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?


Press Release

Technavio Announces the Publication of its Research Report – Global PET Market 2017-2021

Technavio recognizes the following companies as the key players in the global PET market: DuPont, FENC, Indorama Ventures, Jiangsu Sanfangxiang, M&G Chemicals, and SABIC

Other Prominent Vendors in the market are: Covestro, DAK Americas, Quadrant, Seda De Barcelona, and NEOGROUP

Commenting on the report, an analyst from Technavio’s team said: “People in many countries are raising environmental and sustainability concerns with packaging manufacturers. Many consumer product manufacturers prefer using eco-friendly packaging materials as they provide an opportunity to promote environmental sustainability. The increased environmental concerns and the need to reduce pollution have led to more emphasis on the sustainability of the environment. In packaging, plastic and resins derived from renewable resources are being emphasized. These factors are expected to encourage the packaging vendors to research and develop new materials or incorporate new eco-friendly designs that encourage minimal use of non-biodegradable materials in packaging. Therefore, they prefer to use recyclable and biodegradable packaging materials.”

According to the report, PET is preferred as a packaging material due to some of its recyclability, strength, and versatility. Out of the total oil production in the world, 0.5% is used for the production of PET. Though it is petroleum based, it is energy efficient, and its environmental impact is lesser than aluminum, glass, and other packaging materials.

Further, the report states that many mills in North American and Europe will continue to face tough challenges such as capacity rationalization, market maturity, competition from imports, and business shifting to nations that benefit from lower production costs. Countries like China offer low labor cost, which brings down the overall production cost. However, Central and South America, Eastern Europe, the Middle East, and Africa are expected to continue experiencing market growth that is albeit slower than Asia. Brazil and Turkey, in particular, should continue to evolve into major markets for manufacturing PET during the forecast period.

Companies Mentioned

DuPont, FENC, Indorama Ventures, Jiangsu Sanfangxiang, M&G Chemicals, SABIC, Covestro, DAK Americas, Quadrant, Seda De Barcelona, NEOGROUP.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Overview
      • Table Physical properties of PET
      • Table Benefits of PET
  • Market landscape
    • Global PET Market
      • Table Global PET market 2016 and 2021 ($ billions)
      • Table Market forecast: Global PET market 2016-2021
  • Market segmentation by downstream products
    • Overview: Global PET market by downstream products
      • Table Global PET market by downstream products 2016 and 2021
      • Table Global PET market by downstream products 2016 and 2021 ($ billions)
    • Global PET market for fibers
      • Table Global PET market for fibers 2016 and 2021 ($ billions)
      • Table Market forecast: Global PET market for fibers 2016-2021
    • Global PET market for resins
      • Table Global PET market for resins 2016 and 2021 ($ billions)
      • Table Market forecast: Global PET market for resins 2016-2021
      • Table PET resins demand by industry 2015
    • Global PET market for others
      • Table Global PET market for others 2016 and 2021 ($ billions)
      • Table Market forecast: Global PET market for others 2016-2021
  • Geographical segmentation
    • Overview: Global PET market by geography
      • Table Global PET market by geography 2016 and 2021
      • Table Global PET market by geography 2016 and 2021 ($ billions)
    • PET market in APAC
      • Table PET market in APAC 2016 and 2021 ($ billions)
      • Table Market forecast: PET market in APAC 2016-2021
    • PET market in Americas
      • Table PET market in Americas 2016 and 2021 ($ billions)
      • Table Market forecast: PET market in Americas 2016-2021
    • PET market in EMEA
      • Table PET market in EMEA 2016 and 2021 ($ billions)
      • Table Market forecast: PET market in EMEA 2016-2021
  • Market drivers
    • Increase in consumption of packaging material
      • Table Number of working women in US 2010-2014 (millions)
      • Table Global plastic packaging market 2015-2020 ($ billions)
    • Demand for sustainable and recyclable material
    • Increase in demand from textile industry
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Volatility in crude oil prices
      • Table Brent crude oil monthly average price 2014-2015 ($ per barrel)
    • Stringent government regulations
    • Production shift to Asia
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increase in use of bio-based PET products
    • Shift toward flexible packaging
      • Table Global flexible plastic packaging market 2015-2020 ($ billions)
    • Growing beverage consumption in BRIC markets
      • Table BRIC country's population 2015-2020 (billions of inhabitants)
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Global PET market: Key market vendors
    • Other prominent vendors
    • DuPont
      • Table DuPont: Segmentation of revenue by business 2015
      • Table DuPont: Segmentation of revenue by geography 2015
    • FENC
      • Table FENC: Product segmentation
    • Indorama Ventures
      • Table Indorama Ventures: Business segmentation by revenue 2015
      • Table Indorama Ventures: Geographic segmentation by revenue 2015
    • Jiangsu Sanfangxiang Group
      • Table Jiangsu Sanfangxiang Group: Product segmentation
    • M&G Chemicals
      • Table M&G Chemicals: Product segmentation
    • SABIC
      • Table SABIC: Business segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report