Polyethylene Terephthalate 2017-2023: Key Vendors are RTP Company, BASF, DuPont, DSM, M&G Group, Indorama Ventures, PET Processors, Lanxess, Nan Ya Plastics & Lyondell Basell – Research and Markets

August 10, 2017

DUBLIN–(BUSINESS WIRE)–The “Polyethylene
Terephthalate: Global Opportunity Analysis and Industry Forecast,
2017-2023” report has been added to Research and
Markets’ offering.

The polyethylene terephthalate market was valued at $23,891 million in
2016, and is projected to reach $38,014 million by 2023, growing at a
CAGR of 6.9% from 2017 to 2023. The packaging segment accounted for
nearly three-fourths share of the global market, in 2016.

Increasing trend of replacing traditional glass packaging with that of
PET packaging is one of the major factors driving the growth of the
global market. In addition, key characteristics, such as recyclability
of PET also fuels the growth of this market. Moreover, PET witnesses
high demand in the developing countries, which is expected to boost the
overall market growth. However, volatility in prices of crude oil and
the increase in implementation of stringent government regulations
related the application of polyethylene terephthalate hamper the growth
of the global PET market.

Polyethylene terephthalate is anticipated to register the highest growth
in packaging application, owing to increase in demand for efficient and
rigid packaging materials and growth in consumer preference toward high
quality packaging material. Furthermore, rapid urbanization and upsurge
in demand for low cost and waterproof packaging are expected to boost
the market growth. PET possess advantages, such as superior clarity,
excellent barrier properties, and recyclability, higher reliability,
longer life cycle, and cost reduction.

Companies Mentioned

  • RTP Company
  • BASF
  • DuPont
  • DSM
  • M&G Group
  • Indorama Ventures
  • PET Processors LLC.
  • Lanxess Corporation
  • Nan Ya Plastics
  • Lyondell Basell Industries N.V.

Key Topics Covered:

Chapter 1 – Introduction

Chapter 2 – Executive Summary

Chapter 3 – Market Overview

Chapter 4 – Global Polyethylene Terephthalate Market, By Application

Chapter 5 – Global Polyethylene Terephthalate Market, By End Use
Industries

Chapter 6 – Global Polyethylene Terephthalate Market, By Geography

Chapter 7 – Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/lwg8dd/polyethylene

Contacts

Research and Markets
Laura Wood, Senior Manager
[email protected]
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Related
Topics: Plastics

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