Polyethylene Terephthalate Additives Market Report: Trends, Forecast and Competitive Analysis to 2030

Polyethylene Terephthalate Additives Trends and Forecast

The future of the global polyethylene terephthalate additives market looks promising with opportunities in the packaging, textile, automotive, electrical & electronics, and construction markets. The global polyethylene terephthalate additives market is expected to reach an estimated $2.1 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are growing demand for pet additives in packaging industry, rising beverage consumption, and increasing emphasis on sustainability and recycling products.

A more than 150-page report is developed to help in your business decisions.

Polyethylene Terephthalate Additives by Segment

The study includes a forecast for the global polyethylene terephthalate additives by function, application, and region.

Polyethylene Terephthalate Additives Market by Function [Shipment Analysis by Value from 2018 to 2030]:

• Color Addition
• Ultraviolet Light Barrier
• Oxygen Scavenging
• Acetaldehyde Scavenging
• Flame Resistance
• Chain Extender
• Odor Scavenger
• Reheat
• Others

Polyethylene Terephthalate Additives Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Packaging
• Textile
• Automotive
• Electrical & Electronics
• Construction
• Others

Polyethylene Terephthalate Additives Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Polyethylene Terephthalate Additives Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyethylene terephthalate additives companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyethylene terephthalate additives companies profiled in this report include-

• Avient Corporation
• LyondellBasell Industries
• NYACOL Nano Technologies
• Gabriel-Chemie
• Sukano AG
• Yildiz Kolor
• Holland Colours

Polyethylene Terephthalate Additives Market Insights

Lucintel forecasts that ultraviolet light barrier will remain the largest segment over the forecast period due to increasing demand for ultraviolet light barriers in pet packaging to protect food and beverages from spoilage and extend their shelf life.

APAC is expected to witness highest growth over the forecast period due to rapid industrialization and urbanization and growth in the building and construction, automotive, and agriculture industry.

Features of the Global Polyethylene Terephthalate Additives Market

Market Size Estimates: Polyethylene terephthalate additives market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Polyethylene terephthalate additives market size by function, application, and region in terms of value ($B).

Regional Analysis: Polyethylene terephthalate additives market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different function, application, and regions for the polyethylene terephthalate additives market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyethylene terephthalate additives market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the polyethylene terephthalate additives market size?

Answer: The global polyethylene terephthalate additives market is expected to reach an estimated $2.1 billion by 2030.

Q2. What is the growth forecast for polyethylene terephthalate additives market?

Answer: The global polyethylene terephthalate additives market is expected to grow with a CAGR of 5.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the polyethylene terephthalate additives market?

Answer: The major drivers for this market are growing demand for pet additives in packaging industry, rising beverage consumption, and increasing emphasis on sustainability and recycling products.

Q4. What are the major segments for polyethylene terephthalate additives market?

Answer: The future of the global polyethylene terephthalate additives market looks promising with opportunities in the packaging, textile, automotive, electrical & electronics, and construction markets.

Q5. Who are the key polyethylene terephthalate additives market companies?

Answer: Some of the key polyethylene terephthalate additives companies are as follows.

• Avient Corporation
• LyondellBasell Industries
• NYACOL Nano Technologies
• Gabriel-Chemie
• Sukano AG
• Yildiz Kolor
• Holland Colours

Q6. Which polyethylene terephthalate additives market segment will be the largest in future?

Answer: Lucintel forecasts that ultraviolet light barrier will remain the largest segment over the forecast period due to increasing demand for ultraviolet light barriers in pet packaging to protect food and beverages from spoilage and extend their shelf life.

Q7. In polyethylene terephthalate additives market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rapid industrialization and urbanization and growth in the building and construction, automotive, and agriculture industry.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the polyethylene terephthalate additives market by function (color addition, ultraviolet light barrier, oxygen scavenging, acetaldehyde scavenging, flame resistance, chain extender, odor scavenger, reheat, and others), application (packaging, textile, automotive, electrical & electronics, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?