Polyethylene Terephthalate Market Strategic Insights and key Business Influencing Factors | Major Players – NVIDIA Corporation, Infineon Technologies AG, STMicroelectronics.
Global polyethylene terephthalate (PET) market is set to witness substantial CAGR of 7.18% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand for lightweight & packed food and increasing investments in R&D activities to produce less hazardous PET materials are the factor for the growth of this market.
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Competitive Analysis: Global Polyethylene Terephthalate Market
Few of the major competitors currently working in the global polyethylene terephthalate (PET) market are Alpek S.A.B. de C.V., Indorama Ventures Public Company Limited, JBF Industries Ltd, LOTTE Chemical CORPORATION, Far Eastern New Century Corporation, China Petrochemical Corporation., SABIC, Reliance Industries Limited., RTP Company, Vikas Ecotech Ltd., TEIJIN LIMITED, Hitachi, Ltd., NEO GROUP, UAB; DuPont de Nemours, Inc, Filatex India Limited, Polyplex, Retal Industries LTD., Persian Gulf Petrochemical Industries Co., the Mitsubishi Chemical Advanced Materials group of companies, Verdeco Recycling Inc. and others.
Key Pointers Covered in the Global Polyethylene Terephthalate Market Trends and Forecast to 2026
· Global Polyethylene Terephthalate Market New Sales Volumes
· Global Polyethylene Terephthalate Market Replacement Sales Volumes
· Global Polyethylene Terephthalate Market Installed Base
· Global Polyethylene Terephthalate Market By Brands
· Global Polyethylene Terephthalate Market Size
· Global Polyethylene Terephthalate Market Procedure Volumes
· Global Polyethylene Terephthalate Market Product Price Analysis
· Global Polyethylene Terephthalate Market Healthcare Outcomes
· Global Polyethylene Terephthalate Market Cost of Care Analysis
· Global Polyethylene Terephthalate Market Regulatory Framework and Changes
· Global Polyethylene Terephthalate Market Prices and Reimbursement Analysis
· Global Polyethylene Terephthalate Market Shares in Different Regions
· Recent Developments for Global Polyethylene Terephthalate Market Competitors
· Global Polyethylene Terephthalate Market Upcoming Applications
· Global Polyethylene Terephthalate Market Innovators Study
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Key Developments in the Market:
· In February 2019, Indorama Ventures Public Company Limited announced that they have acquired Bevpak (Nigeria) Ltd. The main aim of the acquisition is to improve their polyester-related portfolio in Europe and Africa. This acquisition will help the company to strengthen their position in the market and expand their services worldwide
· In October 2018, PTI announced the launch of their new polyethylene terephthalate (PET) bottle system Dromo which is specially designed for the semi- viscous or liquid products. This new product is very beneficial for household chemicals, personal care and other products. This new product is 75% lighter as compared to the other PET bottles and has weight less than 10 gram. They are mainly designed for the e-commerce distribution
Scope of the Polyethylene Terephthalate Market
· Global Polyethylene Terephthalate (PET) Market By Product Type (Bottles, Films and Sheets, Cups, Cans, Pouches, Others), End- User Industry (Food & Beverage, Automotive, Electrical & Electronics, Healthcare, Consumer Goods, Others), Application (Beverages, Sheets & Films, Consumer Goods, Food Packaging, Others), Material (Glass, Plastics, Metal, Paperboard, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
· Global polyethylene terephthalate (PET) market is set to witness substantial CAGR of 7.18% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand for lightweight & packed food and increasing investments in R&D activities to produce less hazardous PET materials are the factor for the growth of this market.
· PET or polyethylene terephthalate is a tough thermoplastic resin which is used in production of many products such as canes, pouches, bottles, films & sheets and others. They are colorless and are very lightweight in nature. These plastics are considered as re- usable in nature because they don’t percolate any chemicals and are safe for the human as well. These plastics are widely used in industries such as food and beverage, electronics, healthcare, consumer goods and others.
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Key insights in the report:
· Complete and distinct analysis of the market drivers and restraints
· Key Market players involved in this industry
· Detailed analysis of the Market Segmentation
· Competitive analysis of the key players involved
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