123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Lucintel Forecasts Polyethylene Terephthalate Resin Market To Reach $48.9 Billion By 2028

Profile Picture
By Author: Lucintel LLC
Total Articles: 3384
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

According to the recent study the polyethylene terephthalate resin market is projected to reach an estimated $48.9 billion by 2028 from $35.2 billion in 2022, at a CAGR of 5.6% from 2022 to 2028. Growth in this market is primarily driven by growing demand for application in packaging for water, carbonated soft drinks, pharmaceuticals and other food & beverages in developing countries.
Browse 116 figures/charts and 102 tables in this 214-page report to understand trends, opportunities and forecast in polyethylene terephthalate resin market by end use (food and beverages, consumer goods, industrial, medical, electrical and electronics, textile, and others), product type (bottle, film sheet, food, packaging, and others), and region (North America, Europe, Asia Pacific, Middle East and Africa, and South America).
Download sample report by clicking on below link: https://www.lucintel.com/polyethylene-terephthalate-resin-market.aspx

“Food and beverage market is expected to remain the largest segment during the forecast period.”
Based on end use, the polyethylene terephthalate resin market is segmented ...
... into food and beverages, consumer goods, industrial, medical, electrical and electronics, textile, and others. Lucintel forecasts that the food and beverage market is expected to remain the largest segment due to its higher demand in various products for healthcare industry.
“Within the polyethylene terephthalate resin market, the bottle segment is expected to remain the largest product type.”
Based on product type the bottle segment is expected to witness the highest growth over the forecast period due to its wide application area in food and beverage and consumer goods industries.
“Asia pacific will dominate the polyethylene terephthalate resin market in near future.”
Asia Pacific is expected to remain the largest market by value and volume and it is also expected to witness the highest growth over the forecast period due to its use of engineering plastic products in the packaging sector.
Download Brochure of this report by clicking on https://www.lucintel.com/polyethylene-terephthalate-resin-market.aspx
Major players of polyethylene terephthalate resin market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Indorama Ventures, Alpek, Far Eastern New Century Corporation, Sinopec Group, Nan ya Plastic, Jiangsu Sanfangxiang Group Co. Ltd., Hengyi Petrochemical, Sabic, JBF Industries ltd., Reliance Industries, and Zhejiang Zhink Group Co. Ltd are among the major polyethylene terephthalate resin providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/polyethylene-terephthalate-resin-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Roy Almaguer
Director of Client Engagements
Lucintel
Dallas, Texas, USA
Cell: 210-878-7693
roy.almaguer@lucintel.com

Related Reports
Low Dielectric Resin Market:
For more details click here https://www.lucintel.com/low-dielectric-resin-market.aspx

Bulk Continuous Filament Yarn Market:
For more details click here https://www.lucintel.com/bulk-continuous-filament-yarn-market.aspx

Ethylene Vinyl Acetate Market:
For more details click here https://www.lucintel.com/ethylene-vinyl-acetate-market.aspx

Polypropylene Compound Market:
For more details click here https://www.lucintel.com/polypropylene-compound-market.aspx

Flame Retardant Plastics Market:
For more details click here https://www.lucintel.com/flame-retardant-plastics-market.aspx

Polyimide Film Market:
For more details click here https://www.lucintel.com/polyimide-film-market.aspx

Low Density Polyethylene Market:
For more details click here https://www.lucintel.com/low-density-polyethylene-market.aspx
Urea Formaldehyde Market:
For more details click here https://www.lucintel.com/urea-formaldehyde-market.aspx

Transparent Ceramic Market:
For more details click here https://www.lucintel.com/transparent-ceramic-market.aspx

PVC Compound Market:
For more details click here https://www.lucintel.com/pvc-compound-market.aspx

Total Views: 13Word Count: 575See All articles From Author

Add Comment

Business Articles

1. Kinemaster Mod Apk Best Video Editing & Video Making App
Author: KineMaster

2. Unraveling The Mysteries Of Credit Repair: Your Trusted Credit Attorney In Los Angeles And Chandler, Az
Author: Martin King

3. Best Asset Investment Company
Author: Jerry

4. Top Website Design Company In India
Author: seo

5. Industrial Process Fan: Things To Consider For Choosing The Right Product
Author: Neel Rao

6. Streamlining Shipping: Delving Into The Vitality Of Efficient Sea Freight
Author: 121 Air Sea Cargo Ltd

7. Sugarcane Straws – A Simple Yet Impactful Choice For World
Author: George Evans

8. Digital Dominance: Why Every Business Must Embrace Digital Marketing For Success
Author: socialsiren

9. Digital Marketing Excellence: Navigating Success With Socialsiren’s Proven Strategies And Client-centric Approach
Author: socialsiren

10. Socialsiren, A Leading Digital Marketing Agency In Hyderabad, Recognizes The Immense Benefit Of Local Seo. Let’s Explore How This Strategy Contributes
Author: publisher

11. Firoz Bux The Founder And Ceo Of Hvm Group
Author: Firoz Bux

12. Maximizing Digital Potential: The Power Of On-page Seo Strategy By Socialsiren
Author: socialsiren

13. Balancing Act: The Role Of Induced Draft Fans In Boiler Operations
Author: Neel Rao

14. Dao Development Company
Author: tamil

15. Devon Delights: Dj Hire Devon For Unforgettable Celebrations
Author: press

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: