The global Crystalline Polyethylene Terephthalate market was valued at 8761.24 Million USD in 2021 and will grow with a CAGR of 5.13% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.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.

By Market Verdors:

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

By Types:

Government and Research Organizations

Associations and Industrial Bodies

Raw Material Suppliers and Distributors

Crystalline PET Manufacturers

Crystalline PET Traders/Suppliers

By Applications:

Films/sheets

LID

Trays

Cups

Bottles

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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