Polyethylene Terephthalate Market

Polyethylene Terephthalate Market (Application: Beverages, Films, Food Packaging, Cosmetic Bottles, and Household Products) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Polyethylene Terephthalate Market Outlook 2031

  • The global polyethylene terephthalate market was valued at US$ 31.45 Bn in 2020
  • It is estimated to expand at a CAGR of 5.8% from 2021 to 2031
  • The global polyethylene terephthalate market is expected to reach the value of US$ 58.47 Bn by the end of 2031

Analysts’ Viewpoint on Polyethylene Terephthalate Market Scenario

Significant support of government environmental policies and demand for thermal insulation products are anticipated to revive the polyethylene terephthalate market growth post the coronavirus period. Apart from furniture and construction industries, companies in the polyethylene terephthalate market are diversifying their focus on rail, aerospace, and marine applications to expand revenue streams for next-gen PET foam core products. However, high density PET foam is subject to off-gassing problems with low quality foams in mattresses. Hence, companies in the polyethylene terephthalate market should adopt fusion technology and resin manufacturing techniques using nanotechnology to increase the availability of high performance PET foams. The 100% recycled PET foam is boosting the credibility of suppliers and manufacturers.

Versatility of Polyethylene Terephthalate Driving Market Growth

There is growing awareness about the identification of different plastics. Polyethylene terephthalate (PET) is identified by the #1 code in the triangular chasing arrows recycling logo. PET is gaining prominence in food & beverage (F&B), household products, and industrial packaging. Drinking water and convenience-size soft drinks and juices are fueling the demand for PET bottles. Other applications such as the packaging of cooking oil, peanut butter, and salad dressings are also helping manufacturers to expand their product portfolio in PET packaging solutions.

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Rising Crude Oil Prices Make Plastic Recycling Expensive amid COVID-19 Pandemic

The COVID-19 pandemic is altering the way stakeholders function in the polyethylene terephthalate market. Crude oil prices tend to influence the price of recycled plastics. Since PET and other plastics are made from the by-products of oil, falling oil prices are likely to increase the cost of recycling. Therefore, the price of recycled plastics should be supported using taxes, while encouraging sustained behavioral changes among consumers and producers to selectively collect, reuse, and recycle personal protective equipment (PPE) so that they do not clog the landfills or end up in the water bodies as plastic waste.

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Better Recycling Techniques Supporting Adoption of PET Preform Machines

Circular economy is becoming the buzzword in the PET preform machines segment. Hence, recyclers play a major role in successfully disposing off PET products and containers. However, technical limitations such as material losses after washing and grinding of PET bottles are affecting the process of recycling activities.

Recyclers lack the equipment to process PET fines into high-quality materials, thus resulting in inferior application of recycled PET. Thus, stringent regulations pertaining to plastic are slowing down the adoption of PET preform machines. Hence, recyclers are increasing their R&D efforts to establish advanced recycling lines that maintain the special characteristics of PET fines. For instance, suppliers of machinery for producing woven plastic packaging, plastic recycling, and refinement are increasing efforts to develop special recycling lines for PET fines. As such, beverage producers in Austria are making circular economy as part of their company philosophy and increasing efforts to utilize 100% recycled raw materials. Thus, circular innovations are boosting the growth of the polyethylene terephthalate market.

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Is PET Suitable for Demanding Packaging Applications?

While PET and HDPE (High Density Polyethylene) plastics are both excellent packaging materials, there are some distinct properties of both materials that are being studied by manufacturers in the polyethylene terephthalate market. It has been found that in terms of stress cracking, PET bottles and containers have better resistance than HDPE materials. These findings are helping polyethylene terephthalate manufacturers to unlock revenue opportunities in beverage packaging applications.

The polyethylene terephthalate market is predicted to advance at a modest CAGR during the forecast period. This is evident since PET is linked to low moldability as compared to PBT (Polybutylene Terephthalate). Furthermore, PET in amorphous form is easily affected by strong bases, boiling wate,r and alkalis. Nevertheless, several advantages of PET as compared to HDPE, polyvinyl chloride (PVC), and polycarbonate tend to offset its shortcomings.

PET Films Suitable for 3D Printing and Electrical Applications

Apart from PET bottles, manufacturers in the polyethylene terephthalate market are increasing the production of PET films. They are expanding their portfolio in dark, milky, and transparent polyethylene terephthalate films that are ideal for 3D (3 dimensional) printing.

Manufacturers in the market are developing films that can be heat-sealed, metallized, and corrugated as per specific requirements. Electrical applications of polyethylene terephthalate films include the inter-layer insulation of wound coils and transformers. Such trends are contributing to the growth of the polyethylene terephthalate market.

Polyethylene Terephthalate Market: Overview

  • The polyethylene terephthalate market is anticipated to grow at a steady rate during the forecast period due to the plethora of benefits polyethylene terephthalate offers. PET polymer is the most frequently used polymer in the world. It is prominently used as a fiber for clothing, and also for packaging & bottling on a large scale. Growing demand for packaged food is expected to boost the polyethylene terephthalate market to a great extent.
  • A shift toward flexible packaging is likely to benefit the global polyethylene terephthalate market. Other advantages such as cost-effectiveness, high strength and weight ratio, shatterproof, and easy recycling prove as growth generators for the polyethylene terephthalate market.
  • A niche application of PET bottles is eco-bricks. In this, PET bottles are filled with soil, fly-ash, or other material that can be used as a building material. This can replace traditional bricks. In addition, eco-bricks have a high sound reduction index and less light penetration. These eco-bricks also help reduce strain on centralized waste management systems. These aspects are likely to offer significant opportunities to the polyethylene terephthalate market.
  • Research & development activities are generating breakthroughs and paving way for innovations that can propel the growth rate of the polyethylene terephthalate market. For instance, a team of researchers from Tufts University and Purdue University, along with the Indian Institute of Technology is in the process of transforming polyethylene terephthalate into battery components. Researchers used an ultrafast microwave irradiation process to convert polyethylene terephthalate into disodium terephthalate and use it as a battery anode material.
  • Use of polyethylene terephthalate in other applications such as 3D printing, plastic injection molding, and CNC machining may boost the polyethylene terephthalate market. The COVID-19 outbreak has increased the demand for injections. This is expected to drive the polyethylene terephthalate market.

Preference for PET Packaging Over Conventional Glass Packaging

  • The global polyethylene terephthalate (PET) market is witnessing significant growth in its valuation, due to the increasing trend of replacing conventional glass packaging with PET packaging
  • Enhanced recyclability of PET is also driving this market substantially. Polyethylene terephthalate is projected to experience high demand in developing economies. This is likely to boost the market in the near future. However, the market may be hampered to some extent over the next few years due to volatility in prices of crude oil and increase in implementation of strict government norms & regulations regarding the application of polyethylene terephthalate.

Beverage Packaging to Remain Key Contributing Application Segment

  • Polyethylene terephthalate is predominantly utilized in beverage packaging, films, food packaging, and various other applications, such as cosmetic bottles and household products
  • Demand for polyethylene terephthalate is higher in beverage packaging segment and is expected to remain so over the next few years, due to its extensive usage in the manufacturing of water bottles, soft drink bottles, juice bottles, and bottles for liquid dairy products
  • Films is another prominent application area of polyethylene terephthalate. In this segment, polyethylene terephthalate is used for the production of boil-in bags and lids of yogurt, and packaging of frozen meat, snacks, and jars. In food packaging, polyethylene terephthalate is utilized to manufacture egg trays, trays for vegetable packaging, biscuit packing, and microwave safe packaging.

Asia Pacific to Dominate Global Market

  • The global market for polyethylene terephthalate has been studied into Asia Pacific, North America, Middle East & Africa, Europe, and Latin America. Asia Pacific, among these, dominated the overall market with a share of more than 35% in 2020, due to busy lifestyle and rising disposable income of consumers hailing from middle class in Asian economies.
  • The regional market is likely to remain on top in the forthcoming years, due to lucrative opportunities it will be offering to market players. In Asia Pacific, China is likely to take the lead and closely followed by India, Japan, and ASEAN countries in the near future.
  • Among other regional markets, Middle East & Africa is anticipated to witness significant rise in its market share, owing to the increasing footfall of tourists in the Middle East, surging consumption of packaged food & beverages, advancements in the retail infrastructure, and growing formal retail segment in Africa
  • The Latin America market for polyethylene terephthalate is projected to be driven by the soaring demand for soft drinks and packaged drinking water in the region, while the market in Europe and North America is predicted to exhibit sluggish growth over the next few years due to maturation

Polyethylene Terephthalate Market: Competition Landscape

  • The global polyethylene terephthalate market is highly fragmented and competitive in nature.
    • Far Eastern New Century
    • SK Chemicals
    • Neo Group
    • Octal
    • M&G Chemicals
    • DAK Americas
    • Egyptian Indian Polyester Co.
    • Jiangsu Sanfanxiang Group Co.
    • Reliance Industries Ltd.
    • Dhunseri Petrochem Ltd.
    • Indorama Ventures Public Co. are some of the leading players in this market

Polyethylene Terephthalate Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 31.45 Bn

Market Forecast Value in 2031

US$ 58.47 Bn

Growth Rate (CAGR)

5.8%

Forecast Period

2021-2031

Quantitative Units

US$ Bn for Value and Kilo Tons for Volume

Competition Landscape

Company Profiles section includes overview, product portfolio, key subsidiaries or distributors, strategy & recent developments, and key financials.

Format

Electronic (PDF) + Excel

Market Segmentation

  • By Application
    • Beverages
    • Films
    • Food Packaging
    • Cosmetic Bottles
    • Household Products

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Countries Covered

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • U.K.
    • Rest of Europe
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Companies Profiled

  • Far Eastern New Century
  • SK Chemicals
  • Neo Group
  • Octal
  • M&G Chemicals
  • DAK Americas
  • Egyptian Indian Polyester Co.
  • Jiangsu Sanfanxiang Group Co. Reliance Industries Ltd.
  • Dhunseri Petrochem Ltd.,
  • Indorama Ventures Public Co.

Customization Scope

Available upon Request

Pricing

Available upon Request

Polyethylene Terephthalate Market – Segmentation

TMR’s research study includes the detailed analysis of companies dealing in the global polyethylene terephthalate market, in terms of application and region. Various levels of market segmentation for which estimate and forecast have been provided are as follows:

Application

  • Beverages
  • Films
  • Food Packaging
  • Cosmetic Bottles
  • Household Products

Regional Analysis

  • Europe
  • Asia Pacific
  • Latin America
  • North America
  • Middle East & Africa

Frequently Asked Questions

What is the Polyethylene Terephthalate Market size?

Polyethylene Terephthalate Market is expected to reach US$ 58.47 By 2031

What is the CAGR for Polyethylene Terephthalate Market?

Polyethylene Terephthalate Market is estimated to rise at a CAGR of 5.8% during forecast period

What are the key factors driving the growth of Polyethylene Terephthalate Market?

Enhanced recyclability of PET is driving Polyethylene Terephthalate Market substantially

Who are the key players in the Polyethylene Terephthalate Market?

Reliance Industries Ltd., Egyptian Indian Polyester Co., M&G Chemicals, Indorama Ventures Public Co., Jiangsu Sanfanxiang Group Co., and Dhunseri Petrochem Ltd. are some of the leading players in the global polyethylene terephthalate (PET) market.

What are the application segments in the Polyethylene Terephthalate Market?

Beverages, Films, Food Packaging, Cosmetic Bottles, Household Products are the application segments in the Polyethylene Terephthalate Market

    1. Preface

        1.1. Report Scope and Market Segmentation

        1.2. Research Objectives

    2. Assumptions and Research Methodology

        2.1. Assumptions and Acronyms Used

        2.2. Research Methodology

    3. Executive Summary

        3.1. Market Size, Indicative (US$ Bn)

        3.2. Top 3 Trends

        3.3. Top 2 Drivers

        3.4. Top Market Restraint

        3.5. Total Market Value in US$ Bn

    4. Market Overview

        4.1. Product Overview

        4.2. Drivers and Restraints Analysis

            4.2.1. Drivers

            4.2.2. Restraints

            4.2.3. Opportunities

        4.3. Value Chain Analysis

        4.4. Porter's Five Forces Analysis

            4.4.1. Bargaining Power of Suppliers

            4.4.2. Threat of Substitutes

            4.4.3. Threat of New Entrants

            4.4.4. Bargaining Power of Suppliers

            4.4.5. Degree of Competition

    5. Global Polyethylene Terephthalate Market: Price Trend Analysis (US$/Tons)

        5.1. Market price, by Application

    6. Global Polyethylene Terephthalate Market, by Application

        6.1. Application Overview

        6.2. Global Polyethylene Terephthalate Market Value Share Analysis by Application

        6.3. Global Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        6.4. Global Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        6.5. Global Polyethylene Terephthalate Market Attractiveness Analysis, by Application

        6.6. Global Polyethylene Terephthalate Market Value Share Analysis, by Region,

        6.7. Global Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Region

        6.8. Global Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Region

        6.9. Global Polyethylene Terephthalate Market Attractiveness Analysis, by Region

    7. North America Polyethylene Terephthalate Market

        7.1. North America Polyethylene Terephthalate Market Value Share Analysis, by Application

        7.2. North America Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        7.3. North America Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        7.4. U.S. Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        7.5. U.S. Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        7.6. Canada Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        7.7. Canada Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        7.8. North America Polyethylene Terephthalate Market Attractiveness Analysis, by Application

    8. Europe Polyethylene Terephthalate Market

        8.1. Europe Polyethylene Terephthalate Market Value Share Analysis, by Application

        8.2. Europe Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        8.3. Europe Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        8.4. Germany Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        8.5. Germany Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        8.6. France Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        8.7. France Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        8.8. Italy Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        8.9. Italy Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        8.10. Spain Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        8.11. Spain Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        8.12. U.K. Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        8.13. U.K. Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        8.14. Rest of Europe. Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        8.15. Rest of Europe Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        8.16. Europe Polyethylene Terephthalate Market Attractiveness Analysis, by Application

    9. Asia Pacific Polyethylene Terephthalate Market

        9.1. Asia Pacific Polyethylene Terephthalate Market Value Share Analysis, by Application

        9.2. Asia Pacific Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        9.3. Asia Pacific Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        9.4. China Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        9.5. China Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        9.6. Japan Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        9.7. Japan Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        9.8. India Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        9.9. India Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        9.10. Rest of Asia Pacific Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        9.11. Rest of Asia Pacific Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        9.12. Asia Pacific Polyethylene Terephthalate Market Attractiveness Analysis, by Application

    10. Latin America Polyethylene Terephthalate Market

        10.1. Latin America Polyethylene Terephthalate Market Value Share Analysis, by Application

        10.2. Latin America Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        10.3. Latin America Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        10.4. Brazil Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        10.5. Brazil Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        10.6. Mexico Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        10.7. Mexico Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        10.8. Rest of Latin America Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        10.9. Rest of Latin America Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        10.10. Latin America Polyethylene Terephthalate Market Attractiveness Analysis, by Application

    11. Middle East & Africa Polyethylene Terephthalate Market

        11.1. Middle East & Africa Polyethylene Terephthalate Market Value Share Analysis, by Application

        11.2. Middle East & Africa Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        11.3. Middle East & Africa Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        11.4. GCC Countries Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        11.5. GCC Countries Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        11.6. South Africa Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        11.7. South Africa Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        11.8. Rest of Middle East & Africa Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application

        11.9. Rest of Middle East & Africa Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Application

        11.10. Middle East & Africa Polyethylene Terephthalate Market Attractiveness Analysis, by Application

    12. Competition Landscape

        12.1. Global Polyethylene Terephthalate Market Share Analysis by Company

        12.2. Competition Matrix

        12.3. Company Profiles

            12.3.1. Indorama Ventures Public Company

                12.3.1.1. Company Details

                12.3.1.2. Company Description

                12.3.1.3. Business Overview

                12.3.1.4. SWOT Analysis

                12.3.1.5. Breakdown of Net sales, by region

                12.3.1.6. Revenue (US$ Bn) and Y-o-Y Growth (%), 2020-2031

            12.3.2. Dhunseri Petrochem Limited

                12.3.2.1. Company Details

                12.3.2.2. Company Description

                12.3.2.3. Business Overview

                12.3.2.4. SWOT Analysis

                12.3.2.5. Breakdown of Net sales, by region

                12.3.2.6. Revenue (US$ Bn) and Y-o-Y Growth (%), 2020-2031

            12.3.3. Reliance Industries Limited

                12.3.3.1. Company Details

                12.3.3.2. Company Description

                12.3.3.3. Business Overview

                12.3.3.4. SWOT Analysis

                12.3.3.5. Breakdown of Net sales, by region

                12.3.3.6. Revenue (US$ Bn) and Y-o-Y Growth (%), 2020-2031

            12.3.4. Jiangsu Sanfanxiang Group Company

                12.3.4.1. Company Details

                12.3.4.2. Company Description

                12.3.4.3. Business Overview

            12.3.5. Egyptian Indian Polyester Company

                12.3.5.1. Company Details

                12.3.5.2. Company Description

                12.3.5.3. Business Overview

            12.3.6. DAK Americas

                12.3.6.1. Company Details

                12.3.6.2. Company Description

                12.3.6.3. Business Overview

            12.3.7. M&G Chemicals

                12.3.7.1. Company Details

                12.3.7.2. Company Description

                12.3.7.3. Business Overview

            12.3.8. Octal

                12.3.8.1. Company Details

                12.3.8.2. Company Description

                12.3.8.3. Business Overview

            12.3.9. Neo Group

                12.3.9.1. Company Details

                12.3.9.2. Company Description

                12.3.9.3. Business Overview

            12.3.10. SK Chemicals

                12.3.10.1. Company Details

                12.3.10.2. Company Description

                12.3.10.3. Business Overview

            12.3.11. Far Eastern New Century

                12.3.11.1. Company Details

                12.3.11.2. Company Description

                12.3.11.3. Business Overview

    13. Key Takeaways

        13.1. Primary Research-Key Findings

    List of Table

    Table 1: Global Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 2: Global Polyethylene Terephthalate Market Revenue (US$ Bn) Forecast, by Application, 2020–2031

    Table 3: Global Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Region, 2020–2031

    Table 4: Global Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Region, 2020–2031

    Table 5: North America Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 6: North America Polyethylene Terephthalate Market Revenue (US$ Bn) Forecast, by Application, 2020–2031

    Table 7: North America Polyethylene Terephthalate Market Size Volume (Kilo Tons) Forecast, by Country, 2020–2031

    Table 8: North America Polyethylene Terephthalate Market Size (US$ Bn) Forecast, by Country, 2020–2031

    Table 9: Europe Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 10: Europe Polyethylene Terephthalate Market Revenue (US$ Bn) Forecast, by Application, 2020–2031

    Table 11: Asia Pacific Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 12: Asia Pacific Polyethylene Terephthalate Market Revenue (US$ Bn) Forecast, by Application, 2020–2031

    Table 13: Latin America Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 14: Latin America Polyethylene Terephthalate Market Revenue (US$ Bn) Forecast, by Application, 2020–2031

    Table 15: Middle East & Africa Polyethylene Terephthalate Market Volume (Kilo Tons) Forecast, by Application, 2020–2031

    Table 16: Middle East & Africa Polyethylene Terephthalate Market Revenue (US$ Bn) Forecast, by Application, 2020–2031

    List Of Figure

    Figure 1: Prices of Polyethylene Terephthalate, by Application, US$/Ton, 2020–2031

    Figure 2: Global Polyethylene Terephthalate Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031

    Figure 3: Global Polyethylene Terephthalate Market Average Price (US$/Ton), 2020–2031

    Figure 4: Global Polyethylene Terephthalate Market Value Share Analysis, by Application, 2020 and 2031

    Figure 5: Global Polyethylene Terephthalate Market Attractiveness Analysis, by Application

    Figure 6: Beverages, 2020–2031 (US$ Bn)

    Figure 7: Bottled Water, 2020–2031 (US$ Bn)

    Figure 8: Carbonated Drinks, 2020–2031 (US$ Bn)

    Figure 9: Others (LDP, Juices), 2020–2031 (US$ Bn)

    Figure 10: Films, 2020–2031 (US$ Bn)

    Figure 11: Food Packaging, 2020–2031 (US$ Bn)

    Figure 12: Other Materials, 2020–2031 (US$ Bn)

    Figure 13: Global Polyethylene Terephthalate Market Attractiveness Analysis, by Region 

    Figure 14: North America Polyethylene Terephthalate Market Value Share Analysis, by Application, 2020 and 2031

    Figure 15: North America Polyethylene Terephthalate Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031

    Figure 16: North America Polyethylene Terephthalate Market Attractiveness Analysis, by Country

    Figure 17: U.S. Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 18: U.S. Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 19: Canada Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 20: Canada Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 21: North America Polyethylene Terephthalate Market Attractiveness Analysis, by Application

    Figure 22: Europe Polyethylene Terephthalate Market Value Share Analysis, by Application, 2020 and 2031

    Figure 23: Europe Polyethylene Terephthalate Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031

    Figure 24: U.K. Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 25: Italy Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 26: Germany Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 27: France Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 28: Spain Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 29: RoE Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 30: Europe Polyethylene Terephthalate Market Attractiveness Analysis, by Application

    Figure 31: Asia Pacific Polyethylene Terephthalate Market Value Share Analysis, by Application, 2020 and 2031

    Figure 32: Asia Pacific Polyethylene Terephthalate Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031

    Figure 33: China Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 34: Japan Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 35: India Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 36: ASEAN Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 37: RoAP Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 38: Asia Pacific Polyethylene Terephthalate Market Attractiveness Analysis, by Application

    Figure 39: Latin America Polyethylene Terephthalate Market Value Share Analysis, by Application, 2020 and 2031

    Figure 40: Latin America Polyethylene Terephthalate Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031

    Figure 41: Brazil Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 42: Mexico Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 43: RoLA Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 44: Latin America Polyethylene Terephthalate Market Attractiveness Analysis, by Application

    Figure 45: Middle East & Africa Polyethylene Terephthalate Market Value Share Analysis, By Application, 2020 and 2031

    Figure 46: Middle East & Africa Polyethylene Terephthalate Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031

    Figure 47: GCC Countries Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 48: South Africa Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 49: RoMEA Polyethylene Terephthalate Market Analysis, 2020–2031

    Figure 50: Middle East & Africa Polyethylene Terephthalate Market Attractiveness Analysis, by Application

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