Global Amorphous Polyethylene Terephthalate Market Snapshot to 2026 – Featured Neo Group, Novapet and PolyQuest Among Others – ResearchAndMarkets.com
DUBLIN – (COMMERCIAL THREAD) – The “Amorphous Polyethylene Terephthalate Market – Growth, Trends, COVID-19 Impact and Forecast (2021 – 2026)” report has been added to ResearchAndMarkets.com offer.
The amorphous polyethylene terephthalate market is expected to grow at a CAGR of 4% globally during the forecast period.
AVI Global Plast
Indorama Ventures Public Limited Company
LOTTE Chemical CORPORATION
MPI polyester industries
Reliance Industries Limited
Shahid Tondgooyan Petrochemical Company
Zhejiang Zhink Group Co., Ltd
Key market trends
Growing application in the food and beverage industry
Amorphous polyethylene terephthalate (APET) is a product of the polyester family. It is strong, durable, environmentally friendly and has very high clarity with excellent water barrier properties.
In the food and beverage industry, amorphous PET finds application in the manufacture of bottles for the packaging of water, soft drinks, alcoholic beverages and other edible products.
APET is generally clear and translucent, available up to a thickness range of 0.030 inches depending on the application.
Amorphous PET has superior properties such as exceptional moisture and gas barrier properties, tensile properties due to which its application in the food industry has increased.
Therefore, due to the increasing application of amorphous PET in the food industry, especially in the Asia-Pacific region, the demand for amorphous PET is expected to increase during the forecast period.
The Asia-Pacific region will dominate the market
The Asia-Pacific region is expected to dominate the amorphous PET market during the forecast period. Due to the strong demand from countries like China, India and Japan, the market for amorphous PET has grown.
The largest producers of amorphous PET are located in the Asia-Pacific region. Some of the leading companies in the production of amorphous PET are Shahid Tondgooyan Petrochemical Co, Reliance Industries Limited, LOTTE Chemical CORPORATION, MPI Polyester Industries, OCTAL.
Besides the food industry, amorphous PET also finds applications in pharmaceutical blister packs, clamshell packaging and others.
In India, around 296 food processing cold chain projects were approved in 2019, increasing the scope of amorphous PET in its packaging applications
The Chinese pharmaceutical industry, which is currently valued at around USD 145 billion, represents the largest emerging market with growth expected to reach approximately USD 200 billion by 2022, thus increasing the scope of blister packaging where PET amorphous is used.
The aforementioned factors coupled with government support are contributing to the increasing demand for the amorphous PET market during the forecast period.
Main topics covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1.1 Growing application in the food and beverage industry
4.1.2 Growing application due to its wide range of applications
4.2.1 Strict environmental regulations
4.2.2 Negative impact of the COVID-19 epidemic on the market
4.3 Industry Value Chain Analysis
4.4 Porters Five Forces Analysis
4.5 Raw material analysis
4.6 Technology overview
5 MARKET SEGMENTATION
5.1.2 Films / Sheets
5.1.3 Clam shell packaging
5.1.4 Pharmaceutical blister packaging
5.2 End-user industry
5.2.1 Food and drink
5.2.3 Consumer goods
6 COMPETITIVE LANDSCAPE
6.1 Mergers and acquisitions, joint ventures, collaborations and agreements
6.2 Market share (%) ** / Ranking analysis
6.3 Strategies adopted by the main actors
6.4 Company profiles
6.4.1 AVI Global Plast
6.4.2 Indorama Ventures Public Company Limited
6.4.3 LOTTE Chemical CORPORATION
6.4.4 MPI polyester industries
6.4.5 NEO GROUP
6.4.9 Reliance Industries Limited
6.4.10 Shahid Tondgooyan Petrochemical Co
6.4.11 Zhejiang Zhink Group Co., Ltd
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information on this report, visit https://www.researchandmarkets.com/r/nxgawq