Market by Type, Material, Application, and Country | Forecast 2021-2028
Triton’s report on the Asia-Pacific polyethylene terephthalate (PET) market states that it is anticipated to grow in revenue terms with a CAGR of 7.37% and in volume terms with a CAGR of 6.76%, during the estimated phase from 2021-2028.
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The market in this region
scrutinizes:
• China
• Japan
• India
• South Korea
• ASEAN Countries
• Australia & New Zealand
• Rest of APAC countries
The market for PET in
Australia is witnessing growth, owing to the growth in the F&B sector. The
detergent manufacturing sector in the nation is also strong, accounting for
total sales worth $10 billion. This industry is very dynamic, and is increasingly
focusing on innovation to capture the consumers’ interest. This is likely to
increase the demand for PET packaging. The increasing support from the government
is also favoring the growth of the polyethylene terephthalate market in
Australia.
With the growing disposable
incomes, the purchasing power of people in China has increased. This has led to
a high demand for cars in the nation, which, in turn, is augmenting the demand
for PET. The national medical device industry is witnessing a rising demand for
high-tech medical devices for treating various diseases. Polyethylene
terephthalate is widely used in medical devices like sutures and implantable
parts. Thus, the growing demand for medical devices is propelling the demand
for PET.
Furthermore, the food and
beverage sector in China is experiencing a boost, with the enhanced living
standard of the people. Therefore, there is a growing demand for packaged,
ready-to-cook, and ready-to-eat food, as well as a range of beverages. PET is
an important material used for packaging these products. Such factors are
aiding the PET market in China to grow in the forthcoming years.
Lotte Chemical Corporation
produces petrochemical raw materials and products, such as aromatic compounds
and olefins. Its key product offerings include PET, PP, SM, EG, LLDPE, ethylene,
PIA, HDPE, functional resin, LDPE, etc. The growing demand for oil and
petrochemicals will help the company grow in the coming years. The company is
headquartered in Seoul, South Korea.
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VIEW REPORT1. ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY
INSIGHTS
2.1.1. ASIA-PACIFIC
DOMINATES THE OVERALL POLYETHYLENE TEREPHTHALATE (PET) MARKET
2.1.2. INCREASED
DEMAND FOR BOTTLED WATER
2.1.3. GROWING
USAGE OF BIODEGRADABLE PLASTICS
2.2. IMPACT
OF COVID-19 – POLYETHYLENE TEREPHTHALATE (PET) MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PARTNERSHIP
& AGREEMENTS
2.6.3. BUSINESS
EXPANSION
2.7. MARKET
DRIVERS
2.7.1. RISING
ADOPTION OF READY-MADE FOODS
2.7.2. ADVANCEMENTS
IN POLYETHYLENE TEREPHTHALATE (PET) MARKET
2.7.3. BUDDING
INTEREST IN ECOLOGICAL PACKAGING
2.8. MARKET
RESTRAINTS
2.8.1. STRINGENT
RULES IMPOSED BY REGULATORY FIRMS
2.8.2. INCREASING
USAGE OF SUBSTITUTE PRODUCTS
2.9. MARKET
OPPORTUNITIES
2.9.1. INCREASING
DEMAND FOR BIO-BASED POLYETHYLENE TEREPHTHALATE (PET)
3. ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET OUTLOOK – BY TYPE
3.1. CUPS
3.2. CANS
3.3. BOTTLES
3.4. POUCHES
3.5. OTHERS
4. ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET OUTLOOK – BY MATERIAL
4.1. GLASS
4.2. PLASTIC
4.3. METAL
4.4. PAPERBOARD
4.5. OTHERS
5. ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET OUTLOOK – BY APPLICATION
5.1. FOOD
AND BEVERAGE
5.2. AUTOMOTIVE
5.3. ELECTRICAL
AND ELECTRONICS
5.4. HEALTHCARE
5.5. CONSUMER
GOODS
5.6. OTHER
END USERS
6. ASIA-PACIFIC POLYETHYLENE TEREPHTHALATE (PET) MARKET – REGIONAL OUTLOOK
6.1. CHINA
6.2. JAPAN
6.3. INDIA
6.4. SOUTH
KOREA
6.5. ASEAN
COUNTRIES
6.6. AUSTRALIA
& NEW ZEALAND
6.7. REST
OF ASIA-PACIFIC
7. COMPETITIVE
LANDSCAPE
7.1. RELIANCE
INDUSTRIES
7.2. LOTTE
CHEMICAL CORPORATION
7.3. JBF
INDUSTRIES LTD
7.4. ROYAL
DSM
7.5. BASF
SE
7.6. ALPEK
SAP DE CV
7.7. CHINA
RESOURCES CHEMICAL MATERIALS TECHNOLOGY LTD
7.8. FAR
EASTERN NEW CENTURY CORPORATION
7.9. HENGLI
GROUP LTD
7.10. JIANGSU
SANFANGXIANG GROUP
7.11. OCTAL
7.12. SAUDI
BASICS INDUSTRIES CORP
7.13. SINOPEC
GROUP
7.14. INDORAMA
VENTURES PUBLIC COMPANY LTD
7.15. M&G
CHEMICALS
8. METHODOLOGY
& SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: MARKET ATTRACTIVENESS
INDEX
TABLE 2: VENDOR SCORECARD
TABLE 3: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC POLYETHYLENE
TEREPHTHALATE (PET) MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)
TABLE 5: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY TYPE, 2021-2028 (IN KILOTON)
TABLE 7: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY MATERIAL, 2021-2028 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY MATERIAL, 2021-2028 (IN KILOTON)
TABLE 9: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY APPLICATION, 2021-2028 (IN $
MILLION)
TABLE 10: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY CUPS, 2021-2028 (IN $ MILLION)
FIGURE 3: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY CANS, 2021-2028 (IN $ MILLION)
FIGURE 4: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY BOTTLES, 2021-2028 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY POUCHES, 2021-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY GLASS, 2021-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY PLASTIC, 2021-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY METAL, 2021-2028 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY PAPERBOARD, 2021-2028 (IN $
MILLION)
FIGURE 11: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY FOOD AND BEVERAGE, 2021-2028 (IN $
MILLION)
FIGURE 13: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY AUTOMOTIVE, 2021-2028 (IN $
MILLION)
FIGURE 14: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY ELECTRICAL AND ELECTRONICS,
2021-2028 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY HEALTHCARE, 2021-2028 (IN $
MILLION)
FIGURE 16: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY CONSUMER GOODS, 2021-2028 (IN $
MILLION)
FIGURE 17: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY OTHER END USERS, 2021-2028 (IN $
MILLION)
FIGURE 18: ASIA-PACIFIC
POLYETHYLENE TEREPHTHALATE (PET) MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN
%)
FIGURE 19: CHINA POLYETHYLENE
TEREPHTHALATE (PET) MARKET 2021-2028 (IN $ MILLION)
FIGURE 20: JAPAN POLYETHYLENE
TEREPHTHALATE (PET) MARKET 2021-2028 (IN $ MILLION)
FIGURE 21: INDIA POLYETHYLENE
TEREPHTHALATE (PET) MARKET 2021-2028 (IN $ MILLION)
FIGURE 22: SOUTH KOREA
POLYETHYLENE TEREPHTHALATE (PET) MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: ASEAN COUNTRIES
POLYETHYLENE TEREPHTHALATE (PET) MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: AUSTRALIA & NEW
ZEALAND POLYETHYLENE TEREPHTHALATE (PET) MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: REST OF
ASIA-PACIFIC POLYETHYLENE TEREPHTHALATE (PET) MARKET 2021-2028 (IN $ MILLION)