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Amorphous Polyethylene Terephthalate Market

Amorphous Polyethylene Terephthalate Market Size and Segment By Application (Bottles, Films/sheets, Food packaging, Others), By End-use Industry (Food & Beverage, Pharmaceuticals, Others), By Additive types (Chain Extender, Nucleating Agent, Stabilizer, Impact Modifier, Other), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1685 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Amorphous Polyethylene Terephthalate Market Size was valued at USD 42.14 billion in 2021, and expected to reach USD 69.91 billion by 2028, and grow at a CAGR of 7.5% over the forecast period 2022-2028. Amorphous polyethylene terephthalate (APET) is a thermoplastic sheet made from polyethylene terephthalate that has been extruded (PET).

Amorphous polyethylene terephthalate has outstanding clarity, gloss, mechanical, and thermoforming properties. It acts as a barrier to oxygen, nitrogen, and carbon dioxide, making it ideal for packing in a modified atmosphere (MAP). The food and beverage industry's growing demand for amorphous polyethylene terephthalate is driving the global amorphous polyethylene terephthalate market. Because of its strong chemical and solvent resistance, APET is increasingly being used in food and beverage packaging. This helps to extend the shelf life of the product. During the assessment period, the market is likely to develop due to rising demand for ready-to-eat food products as a result of shifting consumption patterns. It's also utilised in pharmaceutical packaging because of its antibacterial characteristics, which keep drugs from spoiling. Because of its recyclable nature, amorphous polyethylene terephthalate is predicted to replace traditional packaging materials such as metals, accelerating industry growth.

Amorphous Polyethylene Terephatalate Market Revenue Graph

Market Dynamics:

Drivers:

  • Food and beverage industry demand increasing.

  • In Asia-Pacific, the use of amorphous polyethylene terephthalate in a variety of end-use industries is increasing.

  • The Global Manufacturing Industry is thriving.

Restraints:

  • Variations in Environmental Regulations and Mandates

  • Raw material prices that fluctuate

Opportunity:

  • Traditional packaging materials are being replaced by polymer-based packaging materials.

  • Demand for On-the-Go Products is Growing

Challenge:

  • Recyclability Issues with Polyethylene Terephthalate 

Impact of Covid-19:

COVID-19 is a recently found coronavirus strain that causes an infectious sickness. This sickness is affecting economic growth all across the world. The virus was first discovered in Wuhan, China, in December of this year. The global COVID-19 outbreak has wrought havoc. COVID-19 had a substantial influence on worldwide GDP in 2020, with estimates indicating that the virus harmed global economic growth by at least 0.5 percent to 1.5 percent in FY 2020-2021, however economies are rebounding with the removal of key countries' restrictions. Both lives and livelihoods are at risk as a result of the disease's rapid spread. It's a global issue that necessitates a worldwide response. It's impossible to predict how quickly this condition will go away. This is an uncommon scenario since it affects both supply and demand, influencing the global supply of amorphous polyethylene terephthalate. Various rigid plastic packaging providers are developing solutions and strategies to engage with their end consumers in order to reassure them by offering information on how they are addressing global concerns on their websites and social media.

Key Players:

M&G Chemicals, Indorama Ventures Public Company Limited, Quadrant AG, Reliance Industries Limited, Nan Ya Plastics Corporation, DAK Americas,  Polisan Holding, Teijin Limited, Sinopec Yizheng Chemical Fibre Company, Jiangsu Sanfangxiang Group Co., Far Eastern New Century Corporation, Plastiverd, JBF Industries Ltd., Covestro AG, INVISTA

Market Segmentation:

By Application:

  • Bottles

  • Films/sheets

  • Food packaging

  • Others

By End-use Industry:

  • Food & Beverage

  • Pharmaceuticals

  • Others

By Additive types:

  • Chain Extender.

  • Nucleating Agent

  • Stabilizer

  • Impact Modifier

  • Other

Amorphous Polyethylene Terephatalate Market 2022

Regional Analysis:

Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa are the five regions that make up the global amorphous polyethylene terephthalate market. Due to high demand from major end-use sectors such as food & beverage, automotive, electronics, and textiles in this region, Asia Pacific accounted for a significant market share in the global amorphous polyethylene terephthalate market in 2016. The rising packaging sector in nations like China, India, and Japan is responsible for this increase.

Because of the significant demand from the food and beverage industries in the United States and Canada, North America was the second largest area in the global amorphous polyethylene terephthalate market. Another key driver of the market in the region is the high penetration of the APET in cosmetics, personal care goods, and pharmaceuticals. The extensive use of the product in numerous end-use industries such as medicines, automotive, and electrical and electronics in Europe is likely to drive significant growth.

REGIONAL COVEREGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Amorphous Polyethylene Terephthalate Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 42.14 Billion
Market Size by 2028 US$ 69.91 Billion
CAGR CAGR of 7.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Application (Bottles, Films/sheets, Food packaging, Others)
• By End-use Industry (Food & Beverage, Pharmaceuticals, Others)
• By Additive types (Chain Extender, Nucleating Agent, Stabilizer, Impact Modifier, Other)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles M&G Chemicals, Indorama Ventures Public Company Limited, Quadrant AG, Reliance Industries Limited, Nan Ya Plastics Corporation, DAK Americas,  Polisan Holding, Teijin Limited, Sinopec Yizheng Chemical Fibre Company, Jiangsu Sanfangxiang Group Co., Far Eastern New Century Corporation, Plastiverd, JBF Industries Ltd., Covestro AG, INVISTA
DRIVERS • Food and beverage industry demand increasing.
• In Asia-Pacific, the use of amorphous polyethylene terephthalate in a variety of end-use industries is increasing.
• The Global Manufacturing Industry is thriving.
Restraints • Variations in Environmental Regulations and Mandates
• Raw material prices that fluctuate


Frequently Asked Questions (FAQ) :

Ans: Primary or secondary type of research done by this reports.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Bottles, Films/sheets, Food packaging and Others are the sub-segments of by application segment.

Ans: Traditional packaging materials are being replaced by polymer-based packaging materials and Demand for On-the-Go Products is Growing  are the opportunity forAmorphous Polyethylene Terephatalate Market.

 

Ans: Amorphous Polyethylene Terephatalate Market Size was valued at USD 42.14 billion in 2021, and expected to reach USD 69.91 billion by 2028, and grow at a CAGR of 7.5 % over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Amorphous Polyethylene Terephthalate Market Segment, By Application

8.1 Bottles

8.2 Films/sheets

8.3 Food packaging

8.4 Others

 

9. Amorphous Polyethylene Terephthalate Market Segment, By End-use Industry

9.1 Food & Beverage

9.2 Pharmaceuticals

9.3 Others

 

10. Amorphous Polyethylene Terephthalate Market Segment, By Additive Types

10.1 Chain Extender.

10.2 Nucleating Agent

10.3 Stabilizer

10.4 Impact Modifier

10.5 Other

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company Profile

12.1 M&G Chemicals

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Indoama Ventures Public Company Limited

12.3 Quadrant AG

12.4 Reliance Industries Limited

12.5 Nan Ya Plastics Corporation

12.6 DAK Americas

12.7 Polisan Holding

12.8 Teijin Limited

12.9 Sinopec Yizheng Chemical Fibre Company

12.11 Jiangsu Sanfangxiang Group Co.

12.11 Far Eastern New Century Corporation

12.11 Plastiverd

12.11 JBF Industries Ltd.

12.14 Covestro AG

12.15 INVISTA

 

13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

 

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Secondary Research

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