Polyethylene Terephthalate (PET) Product Market
Polyethylene Terephthalate (PET) Product Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Polyethylene Terephthalate (PET) Product Market Size and Growth
The Polyethylene Terephthalate (PET) product market is experiencing significant growth, driven by increasing demand in packaging, textiles, and automotive sectors. The global market size reached approximately $25 billion in 2023 and is projected to expand at a CAGR of around 6% through 2030, reflecting rising sustainability trends and recycling initiatives.
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Companies Covered
(Covid 19 Impact Covered)
◍ Indorama Ventures
◍ Alpek S.A.B.
◍ Sinopec
◍ Lotte Chemical UK
◍ Zhejiang Hengyi
◍ W. Barnet
◍ Ganesha Ecosphere
◍ Bombay Dyeing
◍ Mossi&Ghisolfi
◍ NAN YA PLASTICS
◍ DAK Americas
◍ JBF RAK LLC
Indorama Ventures, Alpek S.A.B., Sinopec, Lotte Chemical, and others dominate the PET market, leveraging innovative technologies for sustainable production and recycling. These companies enhance market growth through expanded capacity and strategic partnerships. Notable sales revenues include Indorama Ventures: $8 billion, DAK Americas: $1.5 billion, and Alpek: $5.6 billion. Request Sample Report
Market Segmentation
By Application
Food & Beverage
Automotive
Electrical & Electronics
Others
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By Product
Bottles
Films & Sheets
Others
Market Growth
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$ X Billion USD
