The global Polyethylene Terephthalate (PET) Resin market report presents significant growth opportunities over the forecast period. The PET resin market report analyzes global and regional market size, and forecasts by product types including bottles, films, sheets, and others to 2030. Further, the global polyethylene terephthalate market is forecast across diverse applications including Food and Beverage, Automotive, Electrical and Electronics, Healthcare, Consumer Goods, and Others. The report also presents an analysis of companies and 15 countries.

 

Polyethylene Terephthalate (PET) Resin Market Statistics

• The global PET Resin Market Size stood at $46.7 Billion in 2023 and is poised to register 5.4% growth over the forecast period from 2023 to 2028
• The bottles segment is the largest form of PET resin used, predominantly for beverages and the bottles accounted for 68.5% of the global market size in 2023.
• Among end-user segments, food, and beverages remains the dominant user of PET Resin worldwide, in value terms, with a market share of 72.5% during 2023. Other applications of PET resins include Automotive, Electrical and Electronics, Healthcare separation, and Others
• Driven by the Chinese demand, Asia Pacific dominates the global PET Resin market, both in value and volume terms.
• The market is highly competitive with intense competitive conditions among leading market players.

 

Polyethylene Terephthalate (PET) Resin Market Size Outlook, USD Billion, 2021 to 2028

The global PET Resin market size is estimated to reach $60.2 Billion in 2028, at a CAGR of 5.4% between 2023 and 2028.

 

Middle East Polyethylene Terephthalate (PET) Resin Market by Country

SINOPEC Yizheng Chemical Fibre Company Limited PET Resin operations

Sinopec Group offers PET and related products through its subsidiary Sinopec Yizheng Chemical Fibre Company Limited. The company is principally engaged in the manufacture and distribution of polyester chips and polyester fibers. It also involves the production of polyester raw materials Purified Terephthalic Acid (PTA).

Major products of the company include polyester chips, bottle-grade polyester chips, polyester staple fibers, polyester hollow fibers, and polyester filaments. The company distributes its products in domestic and overseas markets.

Sinopec Yizheng Chemical Fibre Company Limited is the largest modernized manufacturing station of chemical fiber and chemical fiber raw materials in China. In terms of polyester capacity in 2009, the Group ranked as the sixth largest polyester manufacturer in the world, and the Company is the largest one-site polyester manufacturer in the world. 

The Company was located in Yizheng City, Jiangsu Province, and was established on 31 December 1993 following a reorganization of Yizheng Joint Corporation of Chemical Fibre Industry and an injection of the entire polyester production units and the ancillary production lines by Yihua.

Yihua Limited is principally engaged in the production and sales of polyester and polyester fiber.

Yizheng Branch has 3 production centers and a Community Administration Center.

In April 2012, Yizheng Chemical Fibre in collaboration with Far Eastern Polytex jointly constructed a 2 million tons/year PTA project.

 

A) Bottle Grade PET Chips:

B) Polyester Staple Fibers:

Product Catalogue of Polyester Chips:

Fibre Grade: SB 500, FD 501, FD 502, FC 510, HS 550

Film Grade: FG 600, FG 601, FG 604, FG 620, FG 640, FG 650, FG 720, FG 730, FG 610, FG 611, FG 612

Industrial Yarn: IG 703

The SINOPEC group was established in 1998 and is headquartered in Beijing, China.

 

Global Polyethylene Terephthalate Market Segmentation

Types

• Bottles
• Films and Sheets
• Others

Applications

• Food and Beverages
• Automotive
• Electrical and Electronics
• Healthcare
• Others

Regions

• North America (US, Canada, Mexico)
• Europe (Germany, France, Spain, UK, Italy, Russia, Turkey, Others)
• Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, South East Asia, Others)
• Middle East and Africa (Saudi Arabia, UAE, South Africa, Nigeria, Others)
• Latin America (Brazil, Argentina, Others)

1 TABLE OF CONTENTS
1.1 List of Tables
1.2 List of Figures

2 EXECUTIVE SUMMARY
2.1 Summary
2.2 The global chemicals industry in 2024
2.3 Polyethylene Terephthalate Resin Industry Outlook, 2021 – 2030
2.4 Abbreviations

3 INTRODUCTION TO POLYETHYLENE TEREPHTHALATE RESIN MARKET
3.1 Market Segments - Types, Applications, and Countries
3.2 Report Guide
3.3 Research Methodology

4 MACRO FACTORS SHAPING THE MARKET OUTLOOK
4.1 Economic Factors, 2020 – 2030
4.2 Demographic Factors, 2020 – 2030

5 OVERVIEW OF POLYETHYLENE TEREPHTHALATE RESIN MARKET
5.1 Polyethylene Terephthalate Resin Industry Panorama, 2023
5.2 Major Polyethylene Terephthalate (PET) Resin Companies
5.3 Polyethylene Terephthalate (PET) Resin Market Trends
5.4 Largest Polyethylene Terephthalate (PET) Resin End-User Applications
5.5 Dominant Product Types
5.5.1 PET Resin Bottles Market Size Outlook
5.5.2 PET Resin Films and Sheets Market Size Outlook
5.5.3 Other Resin Market Size Outlook
5.4 Regional Outlook

6 GLOBAL OUTLOOK ACROSS SCENARIOS
6.1 Low Growth Scenario
6.2 Reference Case Scenario
6.3 High Growth Scenario

7 TRENDS IN END USER MARKETS
7.1 PET Resin Market Outlook in Food and Beverages
7.2 PET Resin Market Outlook in Automotive
7.3 PET Resin Market Outlook in Electrical and Electronics
7.4 PET Resin Market Outlook in Healthcare
7.5 PET Resin Market Outlook in Consumer Goods
7.6 PET Resin Market Outlook in Other Industries

8 NORTH AMERICA POLYETHYLENE TEREPHTHALATE RESIN MARKET ANALYSIS 
8.1 Outlook
8.2 Trends and Opportunities
8.2.1 Bottles dominates the North American Polyethylene Terephthalate Resin Market
8.2.2 Food and Beverages held the dominant market share in North American Polyethylene Terephthalate Resin Market
8.2.3 The US dominates the North American Polyethylene Terephthalate Resin Market
8.3 Market Outlook by Country
8.3.1 United States Polyethylene Terephthalate Resin Market Outlook
8.3.2 Canada Polyethylene Terephthalate Resin Market Outlook
8.3.3 Mexico Polyethylene Terephthalate Resin Market Outlook

9 EUROPE POLYETHYLENE TEREPHTHALATE RESIN MARKET ANALYSIS 
9.1 Outlook
9.2 Trends and Opportunities
9.2.1 Bottles dominates the European Polyethylene Terephthalate Resin Market
9.2.2 Food and Beverages held the dominant market share in European Polyethylene Terephthalate Resin Market
9.2.3 Germany dominates the European Polyethylene Terephthalate Resin Market
9.3 Market Outlook by Country
9.3.1 Germany Polyethylene Terephthalate Resin Market Outlook
9.3.2 United Kingdom Polyethylene Terephthalate Resin Market Outlook
9.3.3 France Polyethylene Terephthalate Resin Market Outlook
9.3.4 Spain Polyethylene Terephthalate Resin Market Outlook
9.3.5 Italy Polyethylene Terephthalate Resin Market Outlook

10 ASIA PACIFIC POLYETHYLENE TEREPHTHALATE RESIN MARKET ANALYSIS 
10.1 Outlook
10.2 Trends and Opportunities
10.2.1 Bottles dominates the Asia Pacific Polyethylene Terephthalate Resin Market
10.2.2 Food and Beverages held the dominant market share in Asia Pacific Polyethylene Terephthalate Resin Market
10.2.3 China dominates the Asia Pacific Polyethylene Terephthalate Resin Market
10.3 Market Outlook by Country
10.3.1 China Polyethylene Terephthalate Resin Market Outlook
10.3.2 India Polyethylene Terephthalate Resin Market Outlook
10.3.3 Japan Polyethylene Terephthalate Resin Market Outlook
10.3.4 Other Asia Pacific Polyethylene Terephthalate Resin Market Outlook

11 LATIN AMERICA POLYETHYLENE TEREPHTHALATE RESIN MARKET ANALYSIS 
11.1 Outlook
11.2 Trends and Opportunities
11.2.1 Bottles dominates the Latin American Pacific Polyethylene Terephthalate Resin Market
11.2.2 Food and Beverages held the dominant market share in Latin American Polyethylene Terephthalate Resin Market
11.2.3 Brazil dominates the Latin America Polyethylene Terephthalate Resin Market
11.3 Market Outlook by Country
11.3.1 Brazil Polyethylene Terephthalate Resin Market Outlook
11.3.2 Argentina Polyethylene Terephthalate Resin Market Outlook
11.3.3 Other Latin America Polyethylene Terephthalate Resin Market Outlook

12 MIDDLE EAST AND AFRICA POLYETHYLENE TEREPHTHALATE RESIN MARKET ANALYSIS 
12.1 Outlook
12.2 Trends and Opportunities
12.2.1 Bottles dominates the Middle East and Africa Pacific Polyethylene Terephthalate Resin Market
12.2.2 Food and Beverages held the dominant market share in Middle East and Africa Polyethylene Terephthalate Resin Market
12.2.3 Middle East dominates the MEA Polyethylene Terephthalate Resin Market
12.3 Market Outlook by Country
12.3.1 Middle East Polyethylene Terephthalate Resin Market Outlook
12.3.2 Africa Polyethylene Terephthalate Resin Market Outlook

13 COMPETITIVE LANDSCAPE 
13.1 Alpek SAB de CV
13.1.1 Overview
13.1.2 SWOT Analysis
13.1.3 Key Financials
13.2 Indorama Ventures Public Co. Ltd.
13.2.1 Overview
13.2.2 SWOT Analysis
13.3 China Petroleum & Chemical Corporation
13.3.1 Overview
13.3.2 SWOT Analysis
13.3.3 Key Financials
13.4 Far Eastern New Century Corp.
13.4.1 Overview
13.4.2 SWOT Analysis
13.4.3 Key Financials
13.5 CR Chemical Materials Technology, Inc.
13.5.1 Overview
13.5.2 SWOT Analysis

1 4APPENDIX
14.1 About USD Analytics
14.2 Sources and Research Methodology
14.3 Copyright

Types

• Bottles
• Films and Sheets
• Others

Applications

• Food and Beverages
• Automotive
• Electrical and Electronics
• Healthcare
• Others

Companies

• Alfa S.A.B. de C.V
• China Petroleum & Chemical Corporation
• China Resources (Holdings) Co.,Ltd.
• Far Eastern New Century Corporation
• Indorama Ventures Public Company Limited
• JBF Industries Ltd
• Reliance Industries Limited
• SABIC Corp
• Sanfame Group
• Zhejiang Hengyi Group Co., Ltd

Regions

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