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, COVID-19 implications, forecasts by product types including bottles, films and 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 analysis of companies and 15 countries.

 

Polyethylene Terephthalate (PET) Resin Market Statistics

• The global PET Resin Market Size stood at $40.5 Billion in 2020 and is poised to register 5.11% growth over the forecast period from 2021 to 2028
• Bottles is the largest form of PET resin used, predominantly for beverages and the bottles accounted for 69.1% of global market size during 2020.
• Among end-user segments, food and beverages remains the dominant user of PET Resin worldwide, in value terms, with a market share of 73.6% during 2020. 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.
• Market is highly competitive in nature 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 from $40.5 Billion in 2020, at a CAGR of 5.11% between 2021 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 in 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 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 Community Administration Center.

In April 2012, Yizheng Chemical Fibre in collaboration with Far Eastern Polytex jointly constructed 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 Report Segmentation

Types

• Bottles
• Films and Sheets
• Others

Applications

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

Regions

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

1.    TABLE OF CONTENTS    2
1.1 List of Tables    6
1.2 List of Figures    8

2.    EXECUTIVE SUMMARY    11
2.1 Summary    11
2.2 The global chemicals industry in 2022    12
2.3 Polyethylene Terephthalate Resin Industry Outlook, 2020 – 2030    13
2.4 Abbreviations    14

3.    INTRODUCTION TO POLYETHYLENE TEREPHTHALATE RESIN MARKET    15
3.1 Market Segments - Types, Applications, and Countries    15
3.2 Report Guide    16
3.3 Research Methodology    17

4.    MACRO FACTORS SHAPING THE MARKET OUTLOOK    18
4.1 Economic Factors, 2020 – 2030    18
4.2 Demographic Factors, 2020 – 2030    19

5.    OVERVIEW OF POLYETHYLENE TEREPHTHALATE RESIN MARKET    20
5.1 Polyethylene Terephthalate Resin Industry Panorama, 2022    20
5.2 Major Polyethylene Terephthalate (PET) Resin Companies    21
5.3 Polyethylene Terephthalate (PET) Resin Market Trends    22
5.4 Largest Polyethylene Terephthalate (PET) Resin End-User Applications    24
5.5 Dominant Product Types    24
5.5.1 PET Resin Bottles Market Size Outlook   25
5.5.2 PET Resin Films and Sheets Market Size Outlook    27
5.5.3 Other Resin Market Size Outlook    28
5.4 Regional Outlook    29

6.    GLOBAL OUTLOOK ACROSS COVID-19 SCENARIOS    30
6.1 Low Growth Scenario    30
6.2 Reference Case Scenario    31
6.3 High Growth Scenario    31

7.    TRENDS IN END USER MARKETS    32
7.1 PET Resin Market Outlook in Food and Beverages 33
7.2 PET Resin Market Outlook in Automotive 34
7.3 PET Resin Market Outlook in Electrical and Electronics 35
7.4 PET Resin Market Outlook in Healthcare 36
7.5 PET Resin Market Outlook in Consumer Goods 37
7.6 PET Resin Market Outlook in Other Industries    38

8.    NORTH AMERICA POLYETHYLENE TEREPHTHALATE RESIN MARKET ANALYSIS     39
8.1 Outlook    39
8.2 Trends and Opportunities    40
8.2.1 Bottles dominates the North American Polyethylene Terephthalate Resin Market    40
8.2.2 Food and Beverages held the dominant market share in North American Polyethylene Terephthalate Resin Market    41
8.2.3 The US dominates the North American Polyethylene Terephthalate Resin Market    42
8.3 Market Outlook by Country    43
8.3.1 United States Polyethylene Terephthalate Resin Market Outlook    43
8.3.2 Canada Polyethylene Terephthalate Resin Market Outlook    44
8.3.3 Mexico Polyethylene Terephthalate Resin Market Outlook    45

9.    EUROPE POLYETHYLENE TEREPHTHALATE RESIN MARKET ANALYSIS     46
9.1 Outlook    46
9.2 Trends and Opportunities    47
9.2.1 Bottles dominates the European Polyethylene Terephthalate Resin Market    47
9.2.2 Food and Beverages held the dominant market share in European Polyethylene Terephthalate Resin Market    48
9.2.3 Germany dominates the European Polyethylene Terephthalate Resin Market    49
9.3 Market Outlook by Country    50
9.3.1 Germany Polyethylene Terephthalate Resin Market Outlook    50
9.3.2 United Kingdom Polyethylene Terephthalate Resin Market Outlook    51
9.3.3 France Polyethylene Terephthalate Resin Market Outlook    52
9.3.4 Spain Polyethylene Terephthalate Resin Market Outlook    53
9.3.5 Italy Polyethylene Terephthalate Resin Market Outlook    54

10.    ASIA PACIFIC POLYETHYLENE TEREPHTHALATE RESIN MARKET ANALYSIS     55
10.1 Outlook    55
10.2 Trends and Opportunities    56
10.2.1 Bottles dominates the Asia Pacific Polyethylene Terephthalate Resin Market    56
10.2.2 Food and Beverages held the dominant market share in Asia Pacific Polyethylene Terephthalate Resin Market    57
10.2.3 China dominates the Asia Pacific Polyethylene Terephthalate Resin Market    58
10.3 Market Outlook by Country    59
10.3.1 China Polyethylene Terephthalate Resin Market Outlook    59
10.3.2 India Polyethylene Terephthalate Resin Market Outlook    60
10.3.3 Japan Polyethylene Terephthalate Resin Market Outlook    61
10.3.4 Other Asia Pacific Polyethylene Terephthalate Resin Market Outlook    62

11.    LATIN AMERICA POLYETHYLENE TEREPHTHALATE RESIN MARKET ANALYSIS     63
11.1 Outlook    63
11.2 Trends and Opportunities    64
11.2.1 Bottles dominates the Latin American Pacific Polyethylene Terephthalate Resin Market    64
11.2.2 Food and Beverages held the dominant market share in Latin American Polyethylene Terephthalate Resin Market    65
11.2.3 Brazil dominates the Latin America Polyethylene Terephthalate Resin Market    66
11.3 Market Outlook by Country    67
11.3.1 Brazil Polyethylene Terephthalate Resin Market Outlook    67
11.3.2 Argentina Polyethylene Terephthalate Resin Market Outlook    68
11.3.3 Other Latin America Polyethylene Terephthalate Resin Market Outlook    69

12.    MIDDLE EAST AND AFRICA POLYETHYLENE TEREPHTHALATE RESIN MARKET ANALYSIS     70
12.1 Outlook    70
12.2 Trends and Opportunities    71
12.2.1 Bottles dominates the Middle East and Africa Pacific Polyethylene Terephthalate Resin Market    71
12.2.2 Food and Beverages held the dominant market share in Middle East and Africa Polyethylene Terephthalate Resin Market    72
12.2.3 Middle East dominates the MEA Polyethylene Terephthalate Resin Market    73
12.3 Market Outlook by Country    74
12.3.1 Middle East Polyethylene Terephthalate Resin Market Outlook    74
12.3.2 Africa Polyethylene Terephthalate Resin Market Outlook    75

13.    COMPETITIVE LANDSCAPE     76
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

14.    APPENDIX    128
14.1 About USD Analytics    128
14.2 Sources and Research Methodology    128
14.3 Copyright    129

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