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5.96% CAGR in Amorphous Polyethylene Terephthalate (PET) Market | Alpek SAB de CV and Covestro AG Among Key Contributors to Growth | Technavio


NEW YORK, Nov. 29, 2021 /PRNewswire/ -- The amorphous polyethylene terephthalate (PET) market is set to grow by USD 6.20 bn, progressing at a CAGR of 5.96% from 2020 to 2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Read Free Sample Report to explore growth opportunities in the amorphous polyethylene terephthalate (PET) market

The amorphous polyethylene terephthalate (PET) market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The increasing demand from the carbonated soft drink (CSD) market, growing demand for amorphous PET owing to its wide range of applications, and increase in consumption of packaging material will offer immense growth opportunities. However, factors such as volatility in economic conditions may threaten the growth of the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report also covers the following areas:

Amorphous Polyethylene Terephthalate (PET) Market 2021-2025: Segmentation

To learn about the contribution of each segment, View a Free Sample

Amorphous Polyethylene Terephthalate (PET) Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the amorphous polyethylene terephthalate (PET) market include Alpek SAB de CV, Covestro AG, Dow Inc., Far Eastern New Century Corp., Indorama Ventures Public Co. Ltd., JBF Industries Ltd., Nan Ya Plastics Corp., NEO GROUP UAB, Plastiverd Pet Reciclado SA, and Polisan Hellas SA. Backed with competitive intelligence and benchmarking, our research report on the amorphous polyethylene terephthalate (PET) market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

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Amorphous Polyethylene Terephthalate (PET) Market 2021-2025: Regional Analysis

Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities for vendors. According to Technavio, 40% of the market's growth is expected to originate from APAC during the forecast period. China, Japan, and India are the key countries for the amorphous polyethylene terephthalate (PET) market in the region. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The growing demand for amorphous PET owing to its wide range of applications will drive the amorphous polyethylene terephthalate (PET) market growth in APAC during the forecast period.

Amorphous Polyethylene Terephthalate (PET) Market 2021-2025: Key Highlights

Related Reports:

Amorphous Polyethylene Terephthalate (PET) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.96%

Market growth 2021-2025

USD 6.20 billion

Market structure

Fragmented

YoY growth (%)

5.00

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 40%

Key consumer countries

China, US, Germany, Japan, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alpek SAB de CV, Covestro AG, Dow Inc., Far Eastern New Century Corp., Indorama Ventures Public Co. Ltd., JBF Industries Ltd., Nan Ya Plastics Corp., NEO GROUP UAB, Plastiverd Pet Reciclado SA, and Polisan Hellas SA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download Free Sample Report Now for additional highlights on the amorphous polyethylene terephthalate (PET) market

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

SOURCE Technavio


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