Polyethylene Terephthalate (PET), also called PETE, is a type of engineering resin.
It is polymerized by pure terephthalic acid and ethylene glycol, and mainly used for fiber, food containers films and other injection molding.
It has good strength, thermo-stability, wear resistance and transparency.
The PET industry concentration is relatively low; there are over two hundred manufacturers all over the world, but only a few manufacturers dominate the PET market, the top ten occupy for over 60% of the market share, like Indorama Ventures(TH), DAK Americas(US), M&G Chemicals(IT), Far Eastern New Century(TW), JBF(IN), OCTAL Petrochemicals(OM), Dhunseri Petrochem & Tea(IN), Lotte Chemical(KR), Zhejiang Hengyi(CN), Sinopec Yizheng Chemical Fibre(CN), Sanfangxiang Group(CN), and Since CR Chemicals(CN) etc. These giants enlarge their market share through organic growth, strategic acquisitions, and expansions all over the world. E.g. the Indorama Ventures owns the manufacturing bases in these countries, like Thailand USA Netherlands Mexico Turkey Poland Lithuania and Indonesia, DAK Americas owns manufacturing bases in Argentina USA and Mexico, and M&G Chemicals has manufacturing bases in Italy Brazil USA and Mexico etc.
The PET industry is currently in the period of production overcapacity, the global average capacity utilization was approximately 65% in 2014, due to the fierce competition, especially from China. China rapidly expanded the capacity of PET in the past several years. In the past few years, the PET market changed greatly, in some countries, some manufacturers shut down their PET production facilities, but in the meantime, some manufacturers were starting to set up their PET factories in other regions. In this process, some manufacturers reduced the production of PET, but some producers garnered a larger market shares.
The PET industry is easily affected by the prices of oil and gas. As the market competition intensifies, the gross profit margin of producers has declined the gross profit margin of producers has declined badly, some Chinese producers had lost in 2013 and 2014, it is possible that the gross profit margin will fall further in the future in the following two years, some producers will have to exit the PET market. The PET market is full of uncertainty and risk.
Global Polyethylene Terephthalate (PET) market size will increase to 54300 Million US$ by 2025, from 39800 Million US$ in 2018, at a CAGR of 4.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Polyethylene Terephthalate (PET).
This report researches the worldwide Polyethylene Terephthalate (PET) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Polyethylene Terephthalate (PET) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Indorama Ventures(TH)
DAK Americas(US)
M&G Chemicals(CA)
Far Eastern New Century(TW)
JBF(IN)
OCTAL Petrochemicals(OM)
Dhunseri Petrochem & Tea(IN)
Lotte Chemical(KR)
SABIC(SA)
Nan Ya Plastics(TW)
Petroquimica Suape(BR)
KoKsan(TR)
EIPET(EG)
Selenis(PT)
NEO GROUP(LT)
Polief(RU)
Zhejiang Hengyi(CN)
Sinopec Yizheng Chemical Fibre(CN)
Sanfangxiang Group(CN)
Since CR Chemicals(CN)
Rongsheng petrochemical(CN)
Wankai New Materials(CN)
Far Eastern Industry (CN)
Zhenbang Fibre(CN)
Polyethylene Terephthalate (PET) Breakdown Data by Type
Fiber Grade
Bottle Grade
Film Grade
Polyethylene Terephthalate (PET) Breakdown Data by Application
For polyester Fiber
For Container
Film Products
Other
Polyethylene Terephthalate (PET) Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Polyethylene Terephthalate (PET) Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Polyethylene Terephthalate (PET) capacity, production, value, consumption, status and forecast;
To focus on the key Polyethylene Terephthalate (PET) manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Polyethylene Terephthalate (PET) :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Polyethylene Terephthalate (PET) . Industry analysis & Market Report on Polyethylene Terephthalate (PET) is a syndicated market report, published as Global Polyethylene Terephthalate (PET) Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Polyethylene Terephthalate (PET) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.