Bottle Grade PET Chips Market
Bottle Grade PET Chips Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Bottle Grade PET Chips Market Size and Growth
The Bottle Grade PET Chips market exhibits significant growth, driven by rising demand in the beverage packaging sector. The market size is valued at approximately $10 billion, with a projected CAGR of 5% over the next five years. Key trends include sustainability and innovations in recycling technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ Tongkun Group
◍ Xin Feng Ming Group
◍ Zhejiang Hengyi
◍ Indorama Ventures
◍ Alpek
◍ FENC
◍ Reliance Industries
◍ Sheng Hong Group
◍ Hengli Group
◍ Billion Industrial
◍ Rongsheng Petrochemical
◍ Sanfangxiang Group
◍ Sinopec Yizheng
◍ Since CR Chemicals
◍ JBF
◍ Octal
◍ NanYa
◍ Wankai New Materials
The Bottle Grade PET Chips Market is characterized by key players like Indorama Ventures, Reliance Industries, and Alpek, who drive growth through innovation and capacity expansion. Companies like Tongkun Group and Zhejiang Hengyi contribute to supply chain efficiency, enhancing market dynamics. Notable sales revenues include:
- Indorama Ventures: $8 billion
- Reliance Industries: $75 billion
- Alpek: $4.6 billion
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Market Segmentation
By Application
◍ Mineral Water Bottles
By Product
Viscosity 0.85-0.90 ◍ Drinking Water Bottles
◍ Carbonated Drink Bottles
◍ Big Water Bottles
◍ Others
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Market Growth
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$ X Billion USD
