Polyethylene Terephthalate (PET) Market Analysis - Industry Growth, Size & Forecast Report up to 2029

The Polyethylene Terephthalate (PET) Market is segmented by End User Industry (Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Market Value in USD and Volume in tons are both presented. Key Data Points observed include volume of automobile production, new construction floor area, plastic packaging production volume, plastic resin production, imports and exports, and price of plastic resins.

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Polyethylene Terephthalate (PET) Market Size

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Polyethylene Terephthalate (PET) Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 26.99 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 36.61 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User Industry Packaging
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 6.29 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region Asia-Pacific

Major Players

Polyethylene Terephthalate (PET) Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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Polyethylene Terephthalate (PET) Market Analysis

The Polyethylene Terephthalate (PET) Market size is estimated at 26.99 billion USD in 2024, and is expected to reach 36.61 billion USD by 2029, growing at a CAGR of 6.29% during the forecast period (2024-2029).

26.99 Billion

Market Size in 2024 (USD)

36.61 Billion

Market Size in 2029 (USD)

4.18 %

CAGR (2017-2023)

6.29 %

CAGR (2024-2029)

Largest Market by End-user Industry

95.86 %

value share, Packaging, 2023

Icon image

Due to its wide range of applications, including bottles, jars, and containers, specifically in the food and beverages industry, the packaging industry held the largest market share.

Fastest Growing Market by End-user Industry

7.82 %

Projected CAGR, Electrical and Electronics, 2024-2029

Icon image

Electrical & electronics is the fastest-growing segment in the market, as the demand for PET films is increasing owing to their superior insulation, mechanical, and electrical properties.

Largest Market by Region

42.61 %

value share, Asia-Pacific, 2023

Icon image

Asia-Pacific holds the largest market share owing to its 50.54% share in global packaging production by volume, led by countries such as China, India, Japan, and South Korea.

Fastest Growing Market by Region

7.12 %

Projected CAGR, Middle East, 2024-2029

Icon image

With plastic packaging production likely to record a CAGR of 5.02% during the forecast period, the Middle East is forecast to be the fastest-growing regional segment.

Leading Market Player

12.20 %

market share, Indorama Ventures Public Company Limited, 2022

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With the highest annual production capacity of around 4.4 million tons of PET resin in 2022, the company held the largest share of the global market. Indorama offers various grades of PET, including bottles, sheets, and films.

Packaging end-user segment to remain the largest consumer of PET

  • PET has a wide range of applications in the packaging and electrical and electronics industries. It is used for packaging foods and beverages, particularly convenience-sized soft drinks, water, coil forms, electrical encapsulation, electrical devices, solenoids, and smart meters. The packaging segment accounted for nearly 96% of the overall PET resin market's revenue in 2022.
  • The global packaging industry is the largest end-user industry for PET resin. Key factors such as rising population, rising income levels, and changing lifestyles are driving the global plastic packaging industry. The growth prospects of end-user segments such as FMCG, food and beverages, pharmaceuticals, and others are driving the demand for the plastic packaging industry. Plastic packaging production at the global level is expected to increase from 140 million tons in 2023 to around 180 million tons in 2029. As a result, the rising demand for the packaging industry is expected to drive PET resin demand during the forecast period.
  • Electrical and electronics is the fastest-growing industry by revenue, which is projected to register a CAGR of 7.88% during the forecast period (2023-2029). The growth is attributed to the growing consumer electronics market, which is expected to amount to USD 1,103 billion in 2023, owing to lightweight products, e-commerce growth, focus on sustainability, and higher adoption rates among major consumer product manufacturers. Electrical and electronics production revenue is also anticipated to register a CAGR of 6.71% in terms of revenue during 2023-2029. As a result, the demand for PET resin at a global level is likely to proliferate in the near future.
Global Polyethylene Terephthalate (PET) Market

Asia-Pacific to remain dominant during the forecast period

  • PET is an engineering plastic widely used in the packaging end-user industries of most countries, followed by the electrical and electronics industries. Due to its lightweight, low-cost, non-reactive, and shatterproof nature, PET is a highly desirable packaging material. Asia-Pacific and Europe are the major consumers of PET. Both regions together held a share of around 66.45% by volume in 2022.
  • Asia-Pacific is the largest consumer as well as the most profitable market region in the world, owing to around 47% of the total volume consumption of PET in 2022. China and India are currently the largest PET-consuming nations, with collective consumption recorded at 65.64% by volume in 2022, owing majorly to the packaging and electronics industries in these countries. In India, with the increasing production of electrical and electronic goods under government initiatives and with the CAGR of 7.19% by volume of the electronics industry, the PET demand is likely to increase further.
  • Europe is the second-largest market, which recorded approximately 19% of the total volume consumption in 2022, owing majorly to its industrial, machinery, and packaging industries. Russia and Germany are the largest markets in the region, with a collective consumption of 36% in 2022. The United Kingdom and France seek to enhance their manufacturing of machinery and machinery tools, thus becoming the fastest-growing PET market in this industry, with volume CAGRs of 4.92% and 4.60%, respectively.
  • Middle East is currently the fastest-growing market in the world at a CAGR of 7.15% in terms of Value, mainly due to its increasing manufacturing output of electrical and electronics products and the rising demand for food and beverage packaging. Saudi Arabia and the United Arab Emirates are projected to remain the largest consumers in the region, registering around 47% and 41% consumption volumes by 2029, respectively.

Global Polyethylene Terephthalate (PET) Market Trends

Technological advancements in electronics industry may foster the growth

  • The rapid pace of technological innovation in electronic products is driving the consistent demand for new and fast electrical and electronic products. In 2022, the global revenue of electrical and electronics stood at USD 5,807 billion, with Asia-Pacific holding a 74% market share, followed by Europe with a 13% share. The global electrical and electronics market is expected to record a CAGR of 6.61% during the forecast period.
  • In 2018, the Asia-Pacific region witnessed strong economic growth owing to rapid industrialization in China, South Korea, Japan, India, and ASEAN countries. In 2020, due to the pandemic, there was a slowdown in global electrical and electronics production due to the shortage of chips and inefficiencies in the supply chain, which led to a stagnant growth rate of 0.1% in revenue compared to the previous year. This growth was driven by the demand for consumer electronics for remote working and home entertainment as people were forced to remain indoors during the pandemic.
  • The demand for advanced technologies, such as digitalization, robotics, virtual reality, augmented reality, IoT (Internet of Things), and 5G connectivity, is expected to grow during the forecast period. Global electrical and electronics production is expected to register a growth rate of 5.9% in 2027.​ As a result of technological advancements, the demand for consumer electronics is expected to rise during the forecast period. For instance, the global consumer electronics industry is projected to witness a revenue reach of around USD 904.6 billion in 2027, compared to USD 719.1 billion in 2023. As a result, technological development is projected to lead the demand for electrical and electronic products during the forecast period.
Global Polyethylene Terephthalate (PET) Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Fast-paced growth of aviation industry and increased aircraft contracts may aid market growth
  • Fast-paced urbanization and investments in Asia-Pacific region may boost the industry
  • United States, Japan, and China to dominate imports of PET
  • Growing use of PET bottles from beverage manufacturing to boost demand
  • Growing demand for electric vehicles may boost automobile industry growth
  • Demand for flexible packaging from the food and beverage industry boosting market growth
  • Geopolitical factors coupled with volatile crude oil prices to dictate PET resin prices
  • Global recycled PET production capacity is around 30 million tons with PET waste accounting for 141.2 million tons

Polyethylene Terephthalate (PET) Industry Overview

The Polyethylene Terephthalate (PET) Market is fragmented, with the top five companies occupying 39.47%. The major players in this market are Alfa S.A.B. de C.V., China Resources (Holdings) Co.,Ltd., Far Eastern New Century Corporation, Indorama Ventures Public Company Limited and Sanfame Group (sorted alphabetically).

Polyethylene Terephthalate (PET) Market Leaders

  1. Alfa S.A.B. de C.V.

  2. China Resources (Holdings) Co.,Ltd.

  3. Far Eastern New Century Corporation

  4. Indorama Ventures Public Company Limited

  5. Sanfame Group

Polyethylene Terephthalate (PET) Market Concentration

Other important companies include China Petroleum & Chemical Corporation, JBF Industries Ltd, Reliance Industries Limited, SABIC, Zhejiang Hengyi Group Co., Ltd..

*Disclaimer: Major Players sorted in alphabetical order.

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Polyethylene Terephthalate (PET) Market News

  • October 2022: Indorama Ventures Public Company Limited announced the opening of the largest PET recycling plant in partnership with Coca-Cola Beverages, with the goal of recycling approximately 2 billion additional used PET (polyethylene terephthalate) plastic bottles in the Philippines each year.
  • July 2022: Alfa SAB de CV restarted construction of the integrated PTA-PET plant in Corpus Christi, Texas, via a joint venture (Corpus Christi Polymers) with Indorama Ventures and Far Eastern New Century.
  • June 2022: Alpek acquired OCTAL, which increased Alpek's PET resin capacity by 576,000 tons, helping it meet customers' increased demand.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.

Global Polyethylene Terephthalate (PET) Market
Global Polyethylene Terephthalate (PET) Market
Global Polyethylene Terephthalate (PET) Market
Global Polyethylene Terephthalate (PET) Market

Polyethylene Terephthalate (PET) Market Report - Table of Contents

1. EXECUTIVE SUMMARY & KEY FINDINGS

2. REPORT OFFERS

3. INTRODUCTION

  • 3.1 Study Assumptions & Market Definition
  • 3.2 Scope of the Study​
  • 3.3 Research Methodology

4. KEY INDUSTRY TRENDS

  • 4.1 End User Trends
    • 4.1.1 Aerospace
    • 4.1.2 Automotive
    • 4.1.3 Building and Construction
    • 4.1.4 Electrical and Electronics
    • 4.1.5 Packaging
  • 4.2 Import And Export Trends
    • 4.2.1 Polyethylene Terephthalate (PET) Trade
  • 4.3 Price Trends
  • 4.4 Form Trends
  • 4.5 Recycling Overview
    • 4.5.1 Polyethylene Terephthalate (PET) Recycling Trends
  • 4.6 Regulatory Framework
    • 4.6.1 Argentina
    • 4.6.2 Australia
    • 4.6.3 Brazil
    • 4.6.4 Canada
    • 4.6.5 China
    • 4.6.6 EU
    • 4.6.7 India
    • 4.6.8 Japan
    • 4.6.9 Malaysia
    • 4.6.10 Mexico
    • 4.6.11 Nigeria
    • 4.6.12 Russia
    • 4.6.13 Saudi Arabia
    • 4.6.14 South Africa
    • 4.6.15 South Korea
    • 4.6.16 United Arab Emirates
    • 4.6.17 United Kingdom
    • 4.6.18 United States
  • 4.7 Value Chain & Distribution Channel Analysis

5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

  • 5.1 End User Industry
    • 5.1.1 Automotive
    • 5.1.2 Building and Construction
    • 5.1.3 Electrical and Electronics
    • 5.1.4 Industrial and Machinery
    • 5.1.5 Packaging
    • 5.1.6 Other End-user Industries
  • 5.2 Region
    • 5.2.1 Africa
    • 5.2.1.1 By Country
    • 5.2.1.1.1 Nigeria
    • 5.2.1.1.2 South Africa
    • 5.2.1.1.3 Rest of Africa
    • 5.2.2 Asia-Pacific
    • 5.2.2.1 By Country
    • 5.2.2.1.1 Australia
    • 5.2.2.1.2 China
    • 5.2.2.1.3 India
    • 5.2.2.1.4 Japan
    • 5.2.2.1.5 Malaysia
    • 5.2.2.1.6 South Korea
    • 5.2.2.1.7 Rest of Asia-Pacific
    • 5.2.3 Europe
    • 5.2.3.1 By Country
    • 5.2.3.1.1 France
    • 5.2.3.1.2 Germany
    • 5.2.3.1.3 Italy
    • 5.2.3.1.4 Russia
    • 5.2.3.1.5 United Kingdom
    • 5.2.3.1.6 Rest of Europe
    • 5.2.4 Middle East
    • 5.2.4.1 By Country
    • 5.2.4.1.1 Saudi Arabia
    • 5.2.4.1.2 United Arab Emirates
    • 5.2.4.1.3 Rest of Middle East
    • 5.2.5 North America
    • 5.2.5.1 By Country
    • 5.2.5.1.1 Canada
    • 5.2.5.1.2 Mexico
    • 5.2.5.1.3 United States
    • 5.2.6 South America
    • 5.2.6.1 By Country
    • 5.2.6.1.1 Argentina
    • 5.2.6.1.2 Brazil
    • 5.2.6.1.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
    • 6.4.1 Alfa S.A.B. de C.V.
    • 6.4.2 China Petroleum & Chemical Corporation
    • 6.4.3 China Resources (Holdings) Co.,Ltd.
    • 6.4.4 Far Eastern New Century Corporation
    • 6.4.5 Indorama Ventures Public Company Limited
    • 6.4.6 JBF Industries Ltd
    • 6.4.7 Reliance Industries Limited
    • 6.4.8 SABIC
    • 6.4.9 Sanfame Group
    • 6.4.10 Zhejiang Hengyi Group Co., Ltd.

7. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS

8. APPENDIX

  • 8.1 Global Overview
    • 8.1.1 Overview
    • 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
    • 8.1.3 Global Value Chain Analysis
    • 8.1.4 Market Dynamics (DROs)
  • 8.2 Sources & References
  • 8.3 List of Tables & Figures
  • 8.4 Primary Insights
  • 8.5 Data Pack
  • 8.6 Glossary of Terms
** Subject To Availablity

List of Tables & Figures

  1. Figure 1:  
  2. PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, GLOBAL, 2017 - 2029
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, GLOBAL, 2017 - 2029
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, GLOBAL, 2017 - 2029
  1. Figure 4:  
  2. PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, GLOBAL, 2017 - 2029
  1. Figure 5:  
  2. PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, GLOBAL, 2017 - 2029
  1. Figure 6:  
  2. IMPORT REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) TRADE BY TOP COUNTRIES, USD, GLOBAL, 2017 - 2021
  1. Figure 7:  
  2. EXPORT REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) TRADE BY TOP COUNTRIES, USD, GLOBAL, 2017 - 2021
  1. Figure 8:  
  2. GLOBAL POLYETHYLENE TEREPHTHALATE (PET) MARKET, PRICE TRENDS, BY COUNTRY, USD PER KG, 2017-2021
  1. Figure 9:  
  2. REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) BY FORM TYPE, USD, GLOBAL, 2017, 2023, AND 2029
  1. Figure 10:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, GLOBAL, 2017 - 2029
  1. Figure 11:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, GLOBAL, 2017 - 2029
  1. Figure 12:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 13:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 14:  
  2. VOLUME SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2017, 2023, AND 2029
  1. Figure 15:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2017, 2023, AND 2029
  1. Figure 16:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 17:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN AUTOMOTIVE INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 18:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN AUTOMOTIVE INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 19:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 20:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 21:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 22:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 23:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 24:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 25:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 26:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 27:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 28:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN PACKAGING INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 29:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN PACKAGING INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 30:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN PACKAGING INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 31:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 32:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 33:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 34:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY REGION, TONS, GLOBAL, 2017 - 2029
  1. Figure 35:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY REGION, USD, GLOBAL, 2017 - 2029
  1. Figure 36:  
  2. VOLUME SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY REGION, %, GLOBAL, 2017, 2023, AND 2029
  1. Figure 37:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY REGION, %, GLOBAL, 2017, 2023, AND 2029
  1. Figure 38:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, TONS, AFRICA, 2017 - 2029
  1. Figure 39:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, USD, AFRICA, 2017 - 2029
  1. Figure 40:  
  2. VOLUME SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, AFRICA, 2017, 2023, AND 2029
  1. Figure 41:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, AFRICA, 2017, 2023, AND 2029
  1. Figure 42:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, NIGERIA, 2017 - 2029
  1. Figure 43:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, NIGERIA, 2017 - 2029
  1. Figure 44:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, NIGERIA, 2022 VS 2029
  1. Figure 45:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, SOUTH AFRICA, 2017 - 2029
  1. Figure 46:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, SOUTH AFRICA, 2017 - 2029
  1. Figure 47:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, SOUTH AFRICA, 2022 VS 2029
  1. Figure 48:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, REST OF AFRICA, 2017 - 2029
  1. Figure 49:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, REST OF AFRICA, 2017 - 2029
  1. Figure 50:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, REST OF AFRICA, 2022 VS 2029
  1. Figure 51:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, TONS, ASIA-PACIFIC, 2017 - 2029
  1. Figure 52:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2029
  1. Figure 53:  
  2. VOLUME SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
  1. Figure 54:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
  1. Figure 55:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, AUSTRALIA, 2017 - 2029
  1. Figure 56:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, AUSTRALIA, 2017 - 2029
  1. Figure 57:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, AUSTRALIA, 2022 VS 2029
  1. Figure 58:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, CHINA, 2017 - 2029
  1. Figure 59:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, CHINA, 2017 - 2029
  1. Figure 60:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, CHINA, 2022 VS 2029
  1. Figure 61:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, INDIA, 2017 - 2029
  1. Figure 62:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, INDIA, 2017 - 2029
  1. Figure 63:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, INDIA, 2022 VS 2029
  1. Figure 64:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, JAPAN, 2017 - 2029
  1. Figure 65:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, JAPAN, 2017 - 2029
  1. Figure 66:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, JAPAN, 2022 VS 2029
  1. Figure 67:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, MALAYSIA, 2017 - 2029
  1. Figure 68:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, MALAYSIA, 2017 - 2029
  1. Figure 69:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2022 VS 2029
  1. Figure 70:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, SOUTH KOREA, 2017 - 2029
  1. Figure 71:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, SOUTH KOREA, 2017 - 2029
  1. Figure 72:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2022 VS 2029
  1. Figure 73:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, REST OF ASIA-PACIFIC, 2017 - 2029
  1. Figure 74:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, REST OF ASIA-PACIFIC, 2017 - 2029
  1. Figure 75:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, REST OF ASIA-PACIFIC, 2022 VS 2029
  1. Figure 76:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 77:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, USD, EUROPE, 2017 - 2029
  1. Figure 78:  
  2. VOLUME SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
  1. Figure 79:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
  1. Figure 80:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, FRANCE, 2017 - 2029
  1. Figure 81:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, FRANCE, 2017 - 2029
  1. Figure 82:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, FRANCE, 2022 VS 2029
  1. Figure 83:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 84:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 85:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 86:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, ITALY, 2017 - 2029
  1. Figure 87:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, ITALY, 2017 - 2029
  1. Figure 88:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, ITALY, 2022 VS 2029
  1. Figure 89:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, RUSSIA, 2017 - 2029
  1. Figure 90:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, RUSSIA, 2017 - 2029
  1. Figure 91:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, RUSSIA, 2022 VS 2029
  1. Figure 92:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, UNITED KINGDOM, 2017 - 2029
  1. Figure 93:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, UNITED KINGDOM, 2017 - 2029
  1. Figure 94:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, UNITED KINGDOM, 2022 VS 2029
  1. Figure 95:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, REST OF EUROPE, 2017 - 2029
  1. Figure 96:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, REST OF EUROPE, 2017 - 2029
  1. Figure 97:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, REST OF EUROPE, 2022 VS 2029
  1. Figure 98:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 99:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 100:  
  2. VOLUME SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
  1. Figure 101:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
  1. Figure 102:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 103:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 104:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 105:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, UNITED ARAB EMIRATES, 2017 - 2029
  1. Figure 106:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, UNITED ARAB EMIRATES, 2017 - 2029
  1. Figure 107:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, UNITED ARAB EMIRATES, 2022 VS 2029
  1. Figure 108:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, REST OF MIDDLE EAST, 2017 - 2029
  1. Figure 109:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, REST OF MIDDLE EAST, 2017 - 2029
  1. Figure 110:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, REST OF MIDDLE EAST, 2022 VS 2029
  1. Figure 111:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 112:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 113:  
  2. VOLUME SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
  1. Figure 114:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
  1. Figure 115:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, CANADA, 2017 - 2029
  1. Figure 116:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, CANADA, 2017 - 2029
  1. Figure 117:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, CANADA, 2022 VS 2029
  1. Figure 118:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, MEXICO, 2017 - 2029
  1. Figure 119:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, MEXICO, 2017 - 2029
  1. Figure 120:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, MEXICO, 2022 VS 2029
  1. Figure 121:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 122:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 123:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 124:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, TONS, SOUTH AMERICA, 2017 - 2029
  1. Figure 125:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2017 - 2029
  1. Figure 126:  
  2. VOLUME SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2017, 2023, AND 2029
  1. Figure 127:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2017, 2023, AND 2029
  1. Figure 128:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, ARGENTINA, 2017 - 2029
  1. Figure 129:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, ARGENTINA, 2017 - 2029
  1. Figure 130:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, ARGENTINA, 2022 VS 2029
  1. Figure 131:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, BRAZIL, 2017 - 2029
  1. Figure 132:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, BRAZIL, 2017 - 2029
  1. Figure 133:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, BRAZIL, 2022 VS 2029
  1. Figure 134:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, REST OF SOUTH AMERICA, 2017 - 2029
  1. Figure 135:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, REST OF SOUTH AMERICA, 2017 - 2029
  1. Figure 136:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, REST OF SOUTH AMERICA, 2022 VS 2029
  1. Figure 137:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2019 - 2021
  1. Figure 138:  
  2. MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2019 - 2021
  1. Figure 139:  
  2. PRODUCTION CAPACITY SHARE OF POLYETHYLENE TEREPHTHALATE (PET) BY MAJOR PLAYERS, %, GLOBAL, 2022

Polyethylene Terephthalate (PET) Industry Segmentation

Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.

  • PET has a wide range of applications in the packaging and electrical and electronics industries. It is used for packaging foods and beverages, particularly convenience-sized soft drinks, water, coil forms, electrical encapsulation, electrical devices, solenoids, and smart meters. The packaging segment accounted for nearly 96% of the overall PET resin market's revenue in 2022.
  • The global packaging industry is the largest end-user industry for PET resin. Key factors such as rising population, rising income levels, and changing lifestyles are driving the global plastic packaging industry. The growth prospects of end-user segments such as FMCG, food and beverages, pharmaceuticals, and others are driving the demand for the plastic packaging industry. Plastic packaging production at the global level is expected to increase from 140 million tons in 2023 to around 180 million tons in 2029. As a result, the rising demand for the packaging industry is expected to drive PET resin demand during the forecast period.
  • Electrical and electronics is the fastest-growing industry by revenue, which is projected to register a CAGR of 7.88% during the forecast period (2023-2029). The growth is attributed to the growing consumer electronics market, which is expected to amount to USD 1,103 billion in 2023, owing to lightweight products, e-commerce growth, focus on sustainability, and higher adoption rates among major consumer product manufacturers. Electrical and electronics production revenue is also anticipated to register a CAGR of 6.71% in terms of revenue during 2023-2029. As a result, the demand for PET resin at a global level is likely to proliferate in the near future.
End User Industry Automotive
Building and Construction
Electrical and Electronics
Industrial and Machinery
Packaging
Other End-user Industries
Region Africa By Country Nigeria
South Africa
Rest of Africa
Region Asia-Pacific By Country Australia
China
India
Japan
Malaysia
South Korea
Rest of Asia-Pacific
Region Europe By Country France
Germany
Italy
Russia
United Kingdom
Rest of Europe
Region Middle East By Country Saudi Arabia
United Arab Emirates
Rest of Middle East
Region North America By Country Canada
Mexico
United States
Region South America By Country Argentina
Brazil
Rest of South America
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Market Definition

  • End-user Industry - Building & Construction, Packaging, Automotive, Industrial Machinery, Electrical & Electronics, and Others are the end-user industries considered under the polyethylene terephthalate market.
  • Resin - Under the scope of the study, virgin polyethylene terephthalate resin in primary forms such as liquid, powder, pellet, etc. are considered.
Keyword Definition
Acetal This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc.
Acrylic This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation.
Cast film A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion.
Colorants & Pigments Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix.
Composite material A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements.
Degree of Polymerization (DP) The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands.
Dispersion To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion.
Fiberglass Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass.
Fiber-reinforced polymer (FRP) Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt.
Flake This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics.
Fluoropolymers This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc.
Kevlar Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid.
Laminate A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width.
Nylon They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids.
PET preform A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container.
Plastic compounding Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers.
Plastic pellets Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic.
Polymerization It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds.
Styrene Copolymers A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate.
Thermoplastics Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties.
Virgin Plastic It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Polyethylene Terephthalate (PET) Market Research FAQs

The Global Polyethylene Terephthalate (PET) Market size is expected to reach USD 26.99 billion in 2024 and grow at a CAGR of 6.29% to reach USD 36.61 billion by 2029.

In 2024, the Global Polyethylene Terephthalate (PET) Market size is expected to reach USD 26.99 billion.

Alfa S.A.B. de C.V., China Resources (Holdings) Co.,Ltd., Far Eastern New Century Corporation, Indorama Ventures Public Company Limited and Sanfame Group are the major companies operating in the Global Polyethylene Terephthalate (PET) Market.

In the Global Polyethylene Terephthalate (PET) Market, the Packaging segment accounts for the largest share by end user industry.

In 2024, Asia-Pacific accounts for the largest share by region in the Global Polyethylene Terephthalate (PET) Market.

In 2023, the Global Polyethylene Terephthalate (PET) Market size was estimated at 26.99 billion. The report covers the Global Polyethylene Terephthalate (PET) Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Polyethylene Terephthalate (PET) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Polyethylene Terephthalate Resin Industry Report

Statistics for the 2023 Polyethylene Terephthalate (PET) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Polyethylene Terephthalate (PET) analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Polyethylene Terephthalate Resin Market Report Snapshots

Polyethylene Terephthalate (PET) Market Analysis - Industry Growth, Size & Forecast Report up to 2029

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