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Global Polyethylene Terephthalate Market worth 26,583.53 kilotons in 2023 with a CAGR of 5.40%

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The report Global Polyethylene Terephthalate  Market, By Product Type (Carbonated Soft Drink, Bottled Water, Other Drinks, Sheets and Films, Food, and Non-Food), By Application (Food and Beverages, Automotive, Electronics, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2030.

Download sample copy of this report @

https://prophecymarketinsights.com/market_insight/Insight/request-sample/451

Key Highlights:

  • In 2018, ALPEK SAB DE CV complete an acquisition of the Corpus Christi project of CC polymer plant

Analyst View:

The increasing use of polyethylene terephthalate in packaging due to its ability to bear enhanced weight, which in turn reduces transportation cost, which is the major factor driving the polyethylene terephthalate market. In addition, the growing international trade attributed with the growing demand from the food and beverage industry in the developing regions is also responsible for growth of the market. However, volatile prices of raw materials and the growing environmental concerns about the adverse environmental effects of polyethylene terephthalate are expected to be a major restraining factor for the growth of the market in the forecast years.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Polyethylene Terephthalate Market” By Product Type (Carbonated Soft Drink, Bottled Water, Other Drinks, Sheets and Films, Food, and Non-Food), By Application (Food and Beverages, Automotive, Electronics, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2030

Key Market Insights from the report:        

The global polyethylene terephthalate market accounted for 26,583.53 kilo ton in 2023 in 2023 and is projected to register a moderate CAGR over the forecast period. The market report has been segmented on the basis of product type, application, and region.

  • By product type, the global polyethylene terephthalate market has been segmented into carbonated soft drink, bottled water, other drinks, sheets and films, food, and non-food
  • By application, segments of the global polyethylene terephthalate market are food and beverages, automotive, electronics and others
  • By region, North America is dominates the market of polyethylene terephthalate across the globe. The developed end-use industries such as automobile and electronics are factors which is significantly driving the market growth

To know the upcoming trends and insights prevalent in this market, click the link below:

https://prophecymarketinsights.com/market_insight/Global-Polyethylene-Terephthalate-PET-Market-451

Competitive Landscape:

The prominent player operating in the global polyethene terephthalate market includes TORAY INDUSTRIES, INC., BASF SE, M&G Group, Indorama Ventures, Jiangsu Sanfangxiang Group, Lanxess Corporation, Nan Ya Plastics, Egyptian Indian Polyester Co., Reliance Industries Ltd., and Dhunseri Petrochem Ltd.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Some Important Points Answered in this Market Report Are Given Below:

  • Explains an overview of the product portfolio, including product development, planning, and positioning
  • Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and sales performance of various companies
  • Detailed analysis of this XYZ market revenue in previous & next coming years
  • Examining various outlooks of the XYZ market with the help of Porter’s five forces analysis.
  • Study on the product type that is anticipated to dominate the XYZ market.
  • Study on the regions that are expected to register the fastest growth over the forecast period.

Key Topics Covered

  1. Introduction
  • Study Deliverables
  • Study Assumptions
  • Scope of the Study
  1. Research Methodology
  2. Executive Summary
  • Opportunity Map Analysis
  • Market at Glance
  • Market Share (%) and BPS Analysis, by Region
  • Competitive Landscape
  • Heat Map Analysis
  • Market Presence and Specificity Analysis
  1. Investment Analysis
  2. Competitive Analysis

To know more

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