Polyethylene Terephthalate (PET) Market (Updated Version Available)

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.

The report offers detailed coverage of Polyethylene Terephthalate (PET) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Polyethylene Terephthalate (PET) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Polyethylene Terephthalate (PET) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Polyethylene Terephthalate (PET) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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)

At the same time, we classify Polyethylene Terephthalate (PET) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Fiber Grade
Bottle Grade
Film Grade
Market by Application
For polyester Fiber
For Container
Film Products
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Polyethylene Terephthalate (PET) market for the forecast period 2021 - 2025?
• What are the driving forces in the Polyethylene Terephthalate (PET) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Polyethylene Terephthalate (PET) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?