PET Compounds Market
PET Compounds Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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PET Compounds Market Size and Growth
The PET compounds market is experiencing robust growth, driven by rising demand in packaging and automotive sectors. Current estimates suggest a market size exceeding $30 billion, with a projected annual growth rate of 5-7% through 2028. Emerging applications and sustainability trends are further shaping market dynamics and opportunities. Request Sample Report
Companies Covered (Covid 19 Impact Covered)
◍ Indorama Ventures(TH)
◍ Lotte Chemical(KR)
◍ Far Eastern New Century(TW)
◍ DAK Americas(US)
◍ Dhunseri Petrochem & Tea(IN)
◍ M&G Chemicals(CA)
◍ Nan Ya Plastics(TW)
◍ OCTAL Petrochemicals(OM)
◍ JBF(IN)
◍ SABIC(SA)
◍ NEO GROUP(LT)
◍ Sinopec Yizheng Chemical Fibre(CN)
◍ Petroquimica Suape(BR)
◍ Since CR Chemicals(CN)
◍ Polief(RU)
◍ Selenis(PT)
◍ KoKsan(TR)
◍ Sanfangxiang Group(CN)
The PET Compounds Market features competitive players like Indorama Ventures, Lotte Chemical, and SABIC, driving growth through innovation, strategic partnerships, and expanding production capacities. Companies enhance market development by offering diverse applications in packaging, textiles, and automotive. Notable revenues include:
- Indorama Ventures: ~$8 billion
- Lotte Chemical: ~$6.5 billion
- DAK Americas: ~$1.5 billion.
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Market Segmentation
By Application
For polyester Fiber
For Container
Film Products
Other
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By Product
Fiber Grade
Bottle Grade
Film Grade
Market Growth
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$ X Billion USD
