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Report overview
The global Crystalline Polyethylene Terephthalate market was valued at US$ 9176.2 million in 2022 and is projected to reach US$ 12810 million by 2029, at a CAGR of 4.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The growth of the packaged food industry is expected to fuel the growth of the global market for crystalline PET in the coming years. Furthermore, the factors, such as the physical characteristics of crystalline PET including its strength and stiffness, clear appearance, lightweight, low flavor absorption, and favorable creep characteristics, along with low price makes it ideal for usage in various applications. The increased usage of crystalline PET in various applications is also driving the global crystalline polyethylene terephthalate market.
This report aims to provide a comprehensive presentation of the global market for Crystalline Polyethylene Terephthalate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Crystalline Polyethylene Terephthalate. This report contains market size and forecasts of Crystalline Polyethylene Terephthalate in global, including the following market information:
The Asia-Pacific region accounted for more than one-third of the global demand for crystalline polyethylene terephthalate. The increased usage of crystalline PET across different industries, such as cosmetics, films & sheets, and food and beverages packaging is expected to boost its demand in the emerging economies, such as India and China. This has made the Asia-Pacific region, a global manufacturing and commercial hub for crystalline PET, where several major companies are setting up their plants to target the high-growth segments of the region. Cheap labor and easy availability of feedstock are some of the key factors that have been attracting manufacturers to establish their manufacturing facilities in this region.
We surveyed the Crystalline Polyethylene Terephthalate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Crystalline Polyethylene Terephthalate Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Crystalline Polyethylene Terephthalate Market Segment Percentages, by Type, 2022 (%)
Global Crystalline Polyethylene Terephthalate Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Crystalline Polyethylene Terephthalate Market Segment Percentages, by Application, 2022 (%)
Global Crystalline Polyethylene Terephthalate Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Crystalline Polyethylene Terephthalate Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Crystalline Polyethylene Terephthalate revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Crystalline Polyethylene Terephthalate revenues share in global market, 2022 (%)
Key companies Crystalline Polyethylene Terephthalate sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Crystalline Polyethylene Terephthalate sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: