Polyethylene Terephthalate (PET) Solid-State Resins
Market
Polyethylene Terephthalate (PET) Solid-State Resins
Market Scope: Industry Analysis, Market Size,
Growth, Trends Till 2031
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Polyethylene Terephthalate (PET) Solid-State Resins
Market Size and Growth
The Polyethylene Terephthalate (PET) Solid-State Resins market is experiencing robust growth, driven by increasing demand from packaging, automotive, and textile sectors. As of 2023, the market size is projected to reach approximately $15 billion, reflecting a compound annual growth rate of around 5% in response to sustainability trends and technological advancements.
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Companies Covered
(Covid 19 Impact Covered)
◍ Mossi&Ghisolfi
◍ Indorama Ventures
◍ NAN YA PLASTICS
◍ DAK Americas
◍ JBF RAK LLC
◍ Lotte Chemical UK
◍ Equipolymers
◍ Novapet
◍ Sinopec
The PET solid-state resins market features major players like Mossi & Ghisolfi, Indorama Ventures, and DAK Americas. These companies innovate and expand production to meet rising demand in consumer goods and packaging. Notable revenue figures include: Indorama Ventures ($9 billion), DAK Americas ($1.7 billion), supporting market growth collaboratively.
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Market Segmentation
By Application
◍ Beverage Containers
◍ Food Containers
◍ Cosmetic and Pharmaceutical ◍ Others
By Product
◍ Conventional PET ◍ Modified PET
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Market Growth
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$ X Billion USD
