Global PET Resin Market - Forecasts from 2025 to 2030
Description
The Global PET Resin Market is expected to grow from US$42.985 billion in 2025 to US$57.118 billion in 2030, at a CAGR of 5.85%.
PET (Polyethylene Terephthalate) is a clear, strong, lightweight plastic that is widely used for packaging food and beverages. It is most commonly used to package bottled water and carbonated drinks. The demand for PET resin is majorly driven by the food and beverage packaging sector as it is the most commonly used plastic due to its clarity and good barrier protection provided by the material. The good growth of the packaging industry due to the rising disposable income of the population is playing an important role in the increased demand for PET resin. Also, the growing demand for bottled water across the globe is accelerating the PET resin market growth. Moreover, the resin is increasingly being utilized to form films, sheets, and foam that are extensively used across end-user industries such as food and beverage, pharmaceutical, automotive, and electrical and electronics. With manufacturers expanding their PET plants in order to meet growing demand and this coupled with constant innovation in producing sustainable or bio-based PET is expected to augment the market growth over the forecast period.
PET Resin Market Drivers:
Burgeoning usage of PET products across the industries
Good growth of food and beverage industry
PET Resin Market Restraint:
Availability of substitutes
The major players profiled in the global PET resin market include DAK Americas, Indorama Ventures Public Company Limited, M&G Chemicals, Sanfangxiang Group Co., Ltd., TEIJIN LIMITED, SABIC, NEGROUP, DuPont de Nemours, Inc., TORAY INDUSTRIES, INC., SCG Chemicals Co., Ltd., LOTTE Chemical Corporation, and Toyota Tsusho Corporation among others.
Market Segmentation:
The global PET resin market has been analyzed through the following segments:
By Product Type
Sheet
Films
Foam
Fiber
By Application
Bottles and Jars
Packaging
Food and Beverage
Consumer Goods
Pharmaceutical
Tape
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
India
Others
PET (Polyethylene Terephthalate) is a clear, strong, lightweight plastic that is widely used for packaging food and beverages. It is most commonly used to package bottled water and carbonated drinks. The demand for PET resin is majorly driven by the food and beverage packaging sector as it is the most commonly used plastic due to its clarity and good barrier protection provided by the material. The good growth of the packaging industry due to the rising disposable income of the population is playing an important role in the increased demand for PET resin. Also, the growing demand for bottled water across the globe is accelerating the PET resin market growth. Moreover, the resin is increasingly being utilized to form films, sheets, and foam that are extensively used across end-user industries such as food and beverage, pharmaceutical, automotive, and electrical and electronics. With manufacturers expanding their PET plants in order to meet growing demand and this coupled with constant innovation in producing sustainable or bio-based PET is expected to augment the market growth over the forecast period.
PET Resin Market Drivers:
Burgeoning usage of PET products across the industries
Good growth of food and beverage industry
PET Resin Market Restraint:
Availability of substitutes
The major players profiled in the global PET resin market include DAK Americas, Indorama Ventures Public Company Limited, M&G Chemicals, Sanfangxiang Group Co., Ltd., TEIJIN LIMITED, SABIC, NEGROUP, DuPont de Nemours, Inc., TORAY INDUSTRIES, INC., SCG Chemicals Co., Ltd., LOTTE Chemical Corporation, and Toyota Tsusho Corporation among others.
Market Segmentation:
The global PET resin market has been analyzed through the following segments:
By Product Type
Sheet
Films
Foam
Fiber
By Application
Bottles and Jars
Packaging
Food and Beverage
Consumer Goods
Pharmaceutical
Tape
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
India
Others
Table of Contents
148 Pages
- 1. INTRODUCTION
- 1.1. Market Overview
- 1.2. Market Definition
- 1.3. Scope of the Study
- 1.4. Currency
- 1.5. Assumptions
- 1.6. Base, and Forecast Years Timeline
- 2. RESEARCH METHODOLOGY
- 2.1. Research Design
- 2.2. Secondary Sources
- 3. KEY FINDINGS
- 4. MARKET DYNAMICS
- 4.1. Market Segmentation
- 4.2. Market Drivers
- 4.3. Market Restraints
- 4.4. Market Opportunities
- 4.5. Porter’s Five Forces Analysis
- 4.5.1. Bargaining Power of Suppliers
- 4.5.2. Bargaining Power of Buyers
- 4.5.3. Threat of New Entrants
- 4.5.4. Threat of Substitutes
- 4.5.5. Competitive Rivalry in the Industry
- 4.6. Life Cycle Analysis - Regional Snapshot
- 4.7. Market Attractiveness
- 5. GLOBAL PET RESIN MARKET BY PRODUCT TYPE
- 5.1. Sheet
- 5.2. Films
- 5.3. Foam
- 5.4. Fiber
- 6. GLOBAL PET RESIN MARKET BY APPLICATION
- 6.1. Bottles and Jars
- 6.2. Packaging
- 6.2.1. Food and Beverage
- 6.2.2. Consumer Goods
- 6.2.3. Pharmaceutical
- 6.3. Tape
- 6.4. Others
- 7. GLOBAL PET RESIN MARKET BY GEOGRAPHY
- 7.1. North America
- 7.1.1. USA
- 7.1.2. Canada
- 7.1.3. Mexico
- 7.2. South America
- 7.2.1. Brazil
- 7.2.2. Argentina
- 7.2.3. Others
- 7.3. Europe
- 7.3.1. Germany
- 7.3.2. France
- 7.3.3. United Kingdom
- 7.3.4. Others
- 7.4. Middle East and Africa
- 7.4.1. Saudi Arabia
- 7.4.2. Israel
- 7.4.3. Others
- 7.5. Asia Pacific
- 7.5.1. China
- 7.5.2. Japan
- 7.5.3. India
- 7.5.4. Others
- 8. COMPETITIVE INTELLIGENCE
- 8.1. Competitive Benchmarking and Analysis
- 8.2. Recent Investments and Deals
- 8.3. Strategies of Key Players
- 9. COMPANY PROFILES
- 9.1. DAK Americas
- 9.2. Indorama Ventures Public Company Limited
- 9.3. M&G Chemicals
- 9.4. Sanfangxiang Group Co., Ltd.
- 9.5. TEIJIN LIMITED
- 9.6. SABIC
- 9.7. NEO GROUP
- 9.8. DuPont de Nemours, Inc.
- 9.9. TORAY INDUSTRIES, INC.
- 9.10. SCG Chemicals Co., Ltd.
- 9.11. LOTTE Chemical Corporation
- 9.12. Toyota Tsusho Corporation
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