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PUBLISHER: Grand View Research | PRODUCT CODE: 1571605

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PUBLISHER: Grand View Research | PRODUCT CODE: 1571605

Polyethylene Terephthalate Compounding Market Size, Share & Trends Analysis By Application (Packaging, Electrical & Electronics, Industrial Machinery, Automotive), By Region, And Segment Forecasts, 2024 - 2030

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Table of Contents

Polyethylene Terephthalate Compounding Market Growth & Trends:

The global polyethylene terephthalate (PET) compounding market size is expected to reach USD 20.67 billion in 2030 and is expected to grow at a CAGR of 5.6% from 2024 to 2030. Rising polymer demand in end-use industries such as packaging, automotive, electrical & electronics and constructions is expected to remain a key driving force for PET compounding market growth.

Strong demand for PET bottles coupled with growing packaged food & beverage industry in emerging economies of Asia Pacific and Latin America such as China, India, Mexico, and Brazil are anticipated to fuel industry growth significantly.

Regulatory agencies to reduce Green House Gas (GHG) emissions by means of vehicular weight reduction and fuel efficiency improvements have formulated policies and guidelines. Automotive manufacturers & OEMs in order to meet these regulations have adopted plastics as a replacement for metals such as aluminum and steel.

Packaging accounted for over 55% of overall market volume in 2015. Growth in packaging industry can be attributed to the suitability of PET compounds to meet customer requirements with more durable, lightweight and corrosion-resistant parts.

Polyethylene Terephthalate Compounding Market Report Highlights:

  • Increasing substitution for glass, metals, wood, natural rubber and man-made materials by PET is driving the global market
  • Developing recycling processes that utilize lesser input in terms of fluids, energy, and machinery is crucial for production improvisation
  • Government regulations restricting petrochemical derived polymers consumption in applications such as food packaging, and medical devices are expected to further boost bio-based PET production
  • BASF and Avantium Dutch technology firm formed a joint venture company to focus on polyethylene furanoate (PEF) and furandicarboxylic acid (FDCA), a bio-based polymer to replace polyethylene terephthalate
  • Polyethylene terephthalate (PET) compounding market is highly fragmented among multinational players and small domestic companies
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Product Code: GVR-1-68038-037-8

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation and Scope
  • 1.2. Market Definitions
  • 1.3. Research Methodology
    • 1.3.1. Information Procurement
    • 1.3.2. Information or Data Analysis
    • 1.3.3. Market Formulation & Data Visualization
    • 1.3.4. Data Validation & Publishing
  • 1.4. Research Scope and Assumptions
    • 1.4.1. List of Data Sources

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Segment Outlook
  • 2.3. Competitive Insights

Chapter 3. Polyethylene Terephthalate Compounding Market Variables, Trends, & Scope

  • 3.1. Market Introduction/Lineage Outlook
  • 3.2. Market Size and Growth Prospects (USD Million) (Volume in Kilotons)
  • 3.3. Market Dynamics
    • 3.3.1. Market Drivers Analysis
    • 3.3.2. Market Restraints Analysis
  • 3.4. Polyethylene Terephthalate (PET) Compounding Market Analysis Tools
    • 3.4.1. Porter's Analysis
      • 3.4.1.1. Bargaining power of the suppliers
      • 3.4.1.2. Bargaining power of the buyers
      • 3.4.1.3. Threats of substitution
      • 3.4.1.4. Threats from new entrants
      • 3.4.1.5. Competitive rivalry
    • 3.4.2. PESTEL Analysis
      • 3.4.2.1. Political landscape
      • 3.4.2.2. Economic and Social landscape
      • 3.4.2.3. Technological landscape
      • 3.4.2.4. Environmental landscape
      • 3.4.2.5. Legal landscape

Chapter 4. Polyethylene Terephthalate Compounding Market: Application Estimates & Trend Analysis

  • 4.1. Segment Dashboard
  • 4.2. Polyethylene Terephthalate (PET) Compounding Market: Application Movement Analysis, USD Million, Volume in Kilotons, 2023 & 2030
  • 4.3. Packaging
    • 4.3.1. Packaging Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
  • 4.4. Electrical & Electronics
    • 4.4.1. Electrical & Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
  • 4.5. Industrial Machinery
    • 4.5.1. Industrial Machinery Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
  • 4.6. Automotive
    • 4.6.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
  • 4.7. Construction
    • 4.7.1. Construction Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
  • 4.8. Material Handling
    • 4.8.1. Material Handling Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
  • 4.9. Others
    • 4.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)

Chapter 5. Polyethylene Terephthalate Compounding Market: Regional Estimates & Trend Analysis

  • 5.1. Polyethylene Terephthalate (PET) Compounding Market Share, By Region, 2023 & 2030, USD Million, Volume in Kilotons
  • 5.2. North America
    • 5.2.1. North America Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.2.2. U.S.
      • 5.2.2.1. U.S. Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.2.3. Canada
      • 5.2.3.1. Canada Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.2.4. Mexico
      • 5.2.4.1. Mexico Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
  • 5.3. Europe
    • 5.3.1. Europe Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.3.2. UK
      • 5.3.2.1. UK Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.3.3. Germany
      • 5.3.3.1. Germany Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.3.4. France
      • 5.3.4.1. France Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.3.5. Italy
      • 5.3.5.1. Italy Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.3.6. Spain
      • 5.3.6.1. Spain Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.3.7. Russia
      • 5.3.7.1. Russia Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.4.8. Denmark
      • 5.4.8.1. Denmark Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.4.9. Sweden
      • 5.4.9.1. Sweden Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.4.10. Norway
      • 5.4.10.1. Norway Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
  • 5.5. Asia Pacific
    • 5.5.1. Asia Pacific Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.5.2. China
      • 5.5.2.1. China Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.5.3. Japan
      • 5.5.3.1. Japan Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.5.4. India
      • 5.5.4.1. India Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.5.5. Australia
      • 5.5.5.1. Australia Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.5.6. South Korea
      • 5.5.6.1. South Korea Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.5.7. Indonesia
      • 5.5.7.1. Indonesia Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.5.8. Vietnam
      • 5.5.8.1. Vietnam Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
  • 5.6. Latin America
    • 5.6.1. Latin America Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.6.2. Brazil
      • 5.6.2.1. Brazil Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.6.3. Argentina
      • 5.6.3.1. Argentina Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
  • 5.7. Middle East and Africa
    • 5.7.1. Middle East and Africa Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 5.7.2. Saudi Arabia
      • 5.7.2.1. Saudi Arabia Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.7.3. UAE
      • 5.7.3.1. UAE Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.7.4. South Africa
      • 5.7.4.1. South Africa Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
    • 5.7.5. Kuwait
      • 5.7.5.1. Kuwait Polyethylene Terephthalate (PET) Compounding Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)

Chapter 6. Competitive Landscape

  • 6.1. Recent Developments & Impact Analysis by Key Market Participants
  • 6.2. Company Categorization
  • 6.3. Company Heat Map Analysis
  • 6.4. Company Profiles
    • 6.4.1. Alfa Chemistry
      • 6.4.1.1. Participant's Overview
      • 6.4.1.2. Financial Performance
      • 6.4.1.3. Product Benchmarking
      • 6.4.1.4. Recent Developments/ Strategic Initiatives
    • 6.4.2. Alpek S.A.B. de C.V.
      • 6.4.2.1. Participant's Overview
      • 6.4.2.2. Financial Performance
      • 6.4.2.3. Product Benchmarking
      • 6.4.2.4. Recent Developments/ Strategic Initiatives
    • 6.4.3. China Petrochemical Corporation (Sinopec)
      • 6.4.3.1. Participant's Overview
      • 6.4.3.2. Financial Performance
      • 6.4.3.3. Product Benchmarking
      • 6.4.3.4. Recent Developments/ Strategic Initiatives
    • 6.4.4. China Resources (Holdings) Co., Ltd.
      • 6.4.4.1. Participant's Overview
      • 6.4.4.2. Financial Performance
      • 6.4.4.3. Product Benchmarking
      • 6.4.4.4. Recent Developments/ Strategic Initiatives
    • 6.4.5. DuPont de Nemours Inc.
      • 6.4.5.1. Participant's Overview
      • 6.4.5.2. Financial Performance
      • 6.4.5.3. Product Benchmarking
      • 6.4.5.4. Recent Developments/ Strategic Initiatives
    • 6.4.6. Far Eastern New Century Corporation (FENC)
      • 6.4.6.1. Participant's Overview
      • 6.4.6.2. Financial Performance
      • 6.4.6.3. Product Benchmarking
      • 6.4.6.4. Recent Developments/ Strategic Initiatives
    • 6.4.7. Indorama Ventures Public Company Limited
      • 6.4.7.1. Participant's Overview
      • 6.4.7.2. Financial Performance
      • 6.4.7.3. Product Benchmarking
      • 6.4.7.4. Recent Developments/ Strategic Initiatives
    • 6.4.8. Jiangsu Sanfangxiang Group Co., Ltd.
      • 6.4.8.1. Participant's Overview
      • 6.4.8.2. Financial Performance
      • 6.4.8.3. Product Benchmarking
      • 6.4.8.4. Recent Developments/ Strategic Initiatives
    • 6.4.9. LOTTE Chemical Corporation
      • 6.4.9.1. Participant's Overview
      • 6.4.9.2. Financial Performance
      • 6.4.9.3. Product Benchmarking
      • 6.4.9.4. Recent Developments/ Strategic Initiatives
    • 6.4.10. Reliance Industries Ltd. (RIL)
      • 6.4.10.1. Participant's Overview
      • 6.4.10.2. Financial Performance
      • 6.4.10.3. Product Benchmarking
      • 6.4.10.4. Recent Developments/ Strategic Initiatives
    • 6.4.11. Saudi Basic Industries Corporation (SABIC)
      • 6.4.11.1. Participant's Overview
      • 6.4.11.2. Financial Performance
      • 6.4.11.3. Product Benchmarking
      • 6.4.11.4. Recent Developments/ Strategic Initiatives
    • 6.4.12. SK Inc.
      • 6.4.12.1. Participant's Overview
      • 6.4.12.2. Financial Performance
      • 6.4.12.3. Product Benchmarking
      • 6.4.12.4. Recent Developments/ Strategic Initiatives
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