The Polyethylene Terephthalate Global Market Report 2023, provides comprehensive information on the polyethylene terephthalate market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Polyethylene Terephthalate Global Market Report 2023, the global polyethylene terephthalate market size will grow from $39.18 billion in 2022 to $42.71 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global polyethylene terephthalate is expected to grow from $59.39 billion in 2027 at a CAGR of 8.6%.
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The polyethylene terephthalate market is segmented:
1) By Product Type: Virgin, Recycle
2) By Application: Beverages, Sheets & Films, Consumer Goods, Food Packaging, Other Applications (Cosmetic Bottles and Household Products)
3) By End User Industry: Packaging, Electrical & Electronics, Automotive, Construction, Other End Use Industries (Material Handling and Strapping)
Asia-Pacific was the largest region in the polyethylene terephthalate market in 2022.
The table of contents in TBRC’s polyethylene terephthalate market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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