Global and United States Crystalline Polyethylene Terephthalate Market Report & Forecast 2022-2028

The growth of the packaged food industry is expected to fuel the growth of the global market for crystalline PET in the coming years. Furthermore, the factors, such as the physical characteristics of crystalline PET including its strength and stiffness, clear appearance, lightweight, low flavor absorption, and favorable creep characteristics, along with low price makes it ideal for usage in various applications. The increased usage of crystalline PET in various applications is also driving the global crystalline polyethylene terephthalate market.
Market Analysis and Insights: Global and United States Crystalline Polyethylene Terephthalate Market
This report focuses on global and United States Crystalline Polyethylene Terephthalate market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Crystalline Polyethylene Terephthalate market size is estimated to be worth US$ 9410 million in 2022 and is forecast to a readjusted size of US$ 12680 million by 2028 with a CAGR of 5.1% during the review period. Fully considering the economic change by this health crisis, by Type, Government and Research Organizations accounting for % of the Crystalline Polyethylene Terephthalate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Films/Sheets was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The Asia-Pacific region accounted for more than one-third of the global demand for crystalline polyethylene terephthalate. The increased usage of crystalline PET across different industries, such as cosmetics, films & sheets, and food and beverages packaging is expected to boost its demand in the emerging economies, such as India and China. This has made the Asia-Pacific region, a global manufacturing and commercial hub for crystalline PET, where several major companies are setting up their plants to target the high-growth segments of the region. Cheap labor and easy availability of feedstock are some of the key factors that have been attracting manufacturers to establish their manufacturing facilities in this region.
Global Crystalline Polyethylene Terephthalate Scope and Market Size
Crystalline Polyethylene Terephthalate market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Crystalline Polyethylene Terephthalate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Crystalline Polyethylene Terephthalate market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Government and Research Organizations
Associations and Industrial Bodies
Raw Material Suppliers and Distributors
Crystalline PET Manufacturers
Crystalline PET Traders/Suppliers
Segment by Application
Films/Sheets
LID
Trays
Cups
Bottles
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Indorama Ventures Public Company Limited
Saudi Basic Industries Corporation
The DOW Chemical Company
LA SEDA DE Barcelona (LSB)
Dak Americas LLC
Petro Polymer Shargh
Treform Packaging Ab
Quadrant
Petrotemex
Far Eastern New Century Corporation