Polyethylene Terephthalate Market Recent Trends and Projected Market Size by 2020 – 2023
Polyethylene Terephthalate Market research report: Information by Product (carbonated soft drink, bottled water, sheet & films, food, non-food and others) by Application (food and beverage, automotive, electronics, others) – Forecast till 2023
RTP company (U.S.), BASF SE (Germany), Jiangsu Sanfangxiang Group (China), Indorama Ventures Public Company Limited (Thailand), The Dow Chemicals Company (U.S.), Far Eastern New Century Corporation (Taiwan), Alpek S.A.B de C.V (Mexico), M&G Chemicals (Italy), NAN YA PLASTICS CORPORATION (Taiwan), and The Quadrant group of companies (Switzerland)
Polyethylene Terephthalate Market globally has been segmented on the basis of product types, region, and application. Based on product types, the polyethylene terephthalate market is segmented into energy drinks, bottled water sheets & films, carbonated soft drink, food and non-food and others. Based on the application industry, the polyethylene terephthalate market is segmented into electronics, automotive, food & beverages, and others. The regions included in the polyethylene terephthalate market are Asia Pacific, Latin America, North America, Europe, and the Middle East & Africa.
Polyethylene Terephthalate Market in the end user industries is projected to drive the market growth during the forecast period, 2020-2023
Detailed Regional Analysis:
The regional analysis of the polyethylene terephthalate market is segmented across regions such as Asia Pacific, Latin America, Europe, North America, and the Middle East & Africa. Among these regions, the Asia Pacific region holds a chief share of the market and is anticipated to be a leading market with a promising CAGR during the forecast period. The healthy growth in industries and the urbanization is spurring the development of polyethylene terephthalate in the emerging countries of the Asia Pacific region.
Furthermore, the advantageous government regulations have attracted many companies to enter the profitable market in the Asia Pacific region which in turn is motivating the market progress. The North American region is another leading region in the polyethylene terephthalate market. The established end-use industries such as automobile and electronics among others are appreciably compelling the market growth.
The European region is a productive market that is chiefly motivated by the advanced electrical & electronics and automobile sector. Furthermore, the rising use of polyethylene terephthalate in vehicles to lessen its weight and emissions is a significant factor influencing the market in this region.
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
- Polyethylene terephthalate market manufacturers
- Traders and Distributors of Polyethylene terephthalate market
- Production Process Industries
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory