Global Polyethylene Teraphtalate (PET) Market Growth of 6.1% CAGR by 2020 – Analysis, Technologies & Forecast Report 2015-2020 – Key Vendors: BASF SE, DuPont, M&G Chemicals – Research and Markets
January 26, 2016 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/dg6fz7/global) has announced the addition of the “Global Polyethylene Teraphtalate (PET) Market – Segmented by Product type, Industry and Geography – Trends and Forecasts (2015-2020)” report to their offering.
The PET market is estimated at 20.98 million tonnes in 2014 and is expected to grow at a CAGR of 6.1%, over the next six years to reach 29.93 million tonnes by 2020. Asia-Pacific, with its thriving economies and rapidly expanding population, is expected to experience highest growth rate between 2014 and 2020.
About 72% of the PET resin demand was from the bottle application, driven by the beverage bottles for mineral water, carbonated soft drinks, ready to drink tea, and functional, dairy, and energy drinks. It is expected that light weight PET bottle trend will continue in future as it is a cost saving measure.
The report elucidates the situation of polyethylene tertraphthalate (PET) around the world and studies the markets of the PET product type which include Bottles, Films, Food Packaging and others. The study clarifies that the bottles currently dominate the PET market and are expected to dominate in the future also.
The various applications of polyethylene tertraphthalate (PET) have been discussed in detail in addition to a comprehensive overview of the market.
Companies Mentioned:
- BASF SE
- Sabic
- The Dow Chemical Co.
- DuPont
- Toray
- Indorama Ventures
- Alpek
- M&G Chemicals
- Jiangsu Sanfangxiang Group
- Far Eastern New Century
Report Structure:
1. Introduction
2. Executive Summary
3. Polyethylene teraphtalate (PET) Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market size, growth and forecast)
7. Competitive Landscape
8. Company Profiles (Overview, Products & Services, Financials, Recent Developments)
9. Disclaimer
For more information visit http://www.researchandmarkets.com/research/dg6fz7/global
View source version on businesswire.com: http://www.businesswire.com/news/home/20160126005923/en/
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