HOME Top Market Reports Amorphous Polyethylene Terephthalate Market by Application (Bottles, Films/Sheets, Food Packaging), End-use Industry (Food & Beverages, Pharmaceuticals), Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) - Global Forecast to 2022

Amorphous Polyethylene Terephthalate Market by Application (Bottles, Films/Sheets, Food Packaging), End-use Industry (Food & Beverages, Pharmaceuticals), Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: October 2017
Report Code: CH 3911

 

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The amorphous polyethylene terephthalate (APET) market is estimated to be USD 28.86 Billion in 2017 and is projected to reach USD 40.85 Billion by 2022, at a CAGR of 7.2% during the forecast period from 2017 to 2022.

The years considered for this study on the amorphous polyethylene terephthalate (APET) market are as follows:

  • Base Year – 2016
  • Estimated Year – 2017
  • Projected Year – 2022
  • Forecast Period – 2017 to 2022
  • For company profiles in the report, 2016 has been considered as the base year. In certain cases, wherein information is unavailable for the base year, the years prior to it have been considered.

The objectives of this study are:

  • To define, describe, and forecast the amorphous polyethylene terephthalate (APET) market based on application, end-use industry, and region
  • To estimate and forecast the size of the amorphous polyethylene terephthalate (APET) market in terms of value (USD million/billion) and volume (kilotons)
  • To estimate and forecast the size of the amorphous polyethylene terephthalate (APET) market based on application and end-use industry for five major regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
  • To identify and analyze the key drivers, restraints, challenges, and opportunities influencing the growth of the amorphous polyethylene terephthalate (APET) market
  • To analyze region-specific trends influencing the growth of the amorphous polyethylene terephthalate (APET) market in North America, Europe, Asia Pacific, the Middle East & Africa, and South America
  • To strategically identify and profile the key players and analyze the key strategies adopted by them to strengthen their position in the amorphous polyethylene terephthalate (APET) market
  • To track and analyze recent developments undertaken by the market players and competitive strategies such as partnerships, agreements, collaborations, mergers & acquisitions, new product launches, and expansions undertaken by them in the amorphous polyethylene terephthalate (APET) market

Research Methodology

The research methodology that has been used to estimate and forecast the amorphous polyethylene terephthalate (APET) market began with obtaining of data from secondary sources such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and various other government and private websites. Product offerings of various vendors have been taken into consideration to determine the segmentation of the amorphous polyethylene terephthalate (APET) market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been later verified through primary research by conducting extensive interviews with key personnel such as chief executive officers (CEOs), vice presidents, directors, and executives of the leading companies in the amorphous polyethylene terephthalate (APET) market. Data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The breakdown of profiles of primaries has been depicted in the figure below.

Amorphous Polyethylene Terephthalate (APET) Market

To know about the assumptions considered for the study, download the pdf brochure

The amorphous polyethylene terephthalate (APET) market has a diversified ecosystem of upstream players, including raw material suppliers, along with stakeholders, vendors, end users, and government organizations. Companies operating in the amorphous polyethylene terephthalate (APET) market are Reliance Industries Limited (India), Indorama Ventures Public Company Limited (Thailand), Covestro AG (Germany), Far Eastern New Century Corporation (Taiwan), M&G Chemicals (Luxembourg), Jiangsu Sanfangxiang Group Co., Ltd. (China), JBF Industries Ltd. (India), Nan Ya Plastics Corporation (Taiwan), Polisan Holding (Turkey), DAK Americas (Mexico), INVISTA (US), Sinopec Yizheng Chemical Fibre Company Limited (China), PlastiVerd (Spain), Quadrant AG (Switzerland), Teijin Limited (China), NOVAPET S.A. (Spain), OCTAL (Oman), UAB NEO GROUP (Lithuania), Shahid Tondgooyan Petrochemical Company (Iran), China Resources Packaging Materials Co., Ltd. (China), MPI Polyester Industries (Malaysia), Lotte Chemicals (South Korea), Petro Polymer Shargh (Iran), Equipolymers (Germany), and Dhunseri Petrochem Limited (India).

Target Audience

  • Manufacturers of Amorphous Polyethylene Terephthalate
  • Traders, Distributors, and Suppliers of Amorphous Polyethylene Terephthalate
  • End-use Industries Operating in the Supply Chain of Amorphous Polyethylene Terephthalate
  • Government and Research Organizations
  • Associations and Industrial Bodies
  • Research and Consulting Firms
  • R&D Institutions
  • Environment Support Agencies
  • Investment Banks and Private Equity Firms

“This study answers several questions for stakeholders, primarily market segments, which they need to focus on during the next two to five years, so that they can prioritize their efforts and investments accordingly.”

Scope of the Report: This research report categorizes the amorphous polyethylene terephthalate (APET) market based on application, end-use industry, and region. It forecasts revenues as well as analyzes trends in each of the submarkets.

Amorphous Polyethylene Terephthalate (APET) Market, by Application:

  • Bottles
  • Films/Sheets
  • Food Packaging
  • Others

Amorphous Polyethylene Terephthalate (APET) Market, by End-use Industry:

  • Food & Beverages
  • Pharmaceuticals
  • Others

Amorphous Polyethylene Terephthalate (APET) Market, by Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

The following customization options are available for the report:

With the given market data, MarketsandMarkets offers customizations as per the specific needs of companies. The following customization options are available for the report on the amorphous polyethylene terephthalate (APET) market:

Market Analysis:

  • Further breakdown of the application and end-use industry segments of the amorphous polyethylene terephthalate (APET) market, in terms of value and volume

Country Level Analysis:

  • Country-level analysis of the end-use industry and application segments of the amorphous polyethylene terephthalate (APET) market

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 31)
    4.1 Opportunities in the Amorphous Polyethylene Terephthalate (APET) Market
    4.2 Amorphous Polyethylene Terephthalate (APET) Market, By Application
    4.3 Amorphous Polyethylene Terephthalate (APET) Market, End-Use Industry and Region
    4.4 Amorphous Polyethylene Terephthalate (APET) Market, By Region
    4.5 Amorphous Polyethylene Terephthalate (APET) Market: Emerging & Developed Nations
    4.6 Amorphous Polyethylene Terephthalate (APET) Market Growth

5 Market Overview (Page No. - 36)
    5.1 Introduction
           5.1.1 Drivers
                    5.1.1.1 Increasing Demand for Amorphous Polyethylene Terephthalate From the Food & Beverages Industry
                    5.1.1.2 Growing Application of Amorphous Polyethylene Terephthalate in Various End-Use Industries of the Asia Pacific Region
                    5.1.1.3 Flourishing Manufacturing Industry Across the Globe
           5.1.2 Restraints
                    5.1.2.1 Variations in Environmental Mandates and Regulations Across the Globe
           5.1.3 Opportunities
                    5.1.3.1 Replacement of Traditional Packaging Materials By Polymer-Based Packaging Materials
                    5.1.3.2 Growing Demand for On-The-Go Products Across the Globe
           5.1.4 Challenges
                    5.1.4.1 Fluctuating Prices of Raw Materials
                    5.1.4.2 Issues Related to Recyclability of Polyethylene Terephthalate
    5.2 Porter’s Five Forces Analysis
           5.2.1 Threat of New Entrants
           5.2.2 Threat of Substitutes
           5.2.3 Bargaining Power of Suppliers
           5.2.4 Bargaining Power of Buyers
           5.2.5 Intensity of Competitive Rivalry
    5.3 Economic Indicators
           5.3.1 Industry Outlook
                    5.3.1.1 Growing Population
                    5.3.1.2 Increase in the Global Middle-Class Population, 2009–2030
                    5.3.1.3 Trends and Forecasts of Gross Domestic Product (GDP) of Various Countries
    5.4 Recycling of Polyethylene Terephthalate

6 Amorphous Polyethylene Terephthalate (APET) Market, By Application (Page No. - 46)
    6.1 Introduction
    6.2 Bottles
    6.3 Films/Sheets
    6.4 Food Packaging
           6.4.1 Food Packaging Segment, By Type
    6.5 Others

7 Amorphous Polyethylene Terephthalate (APET) Market, By End-Use Industry (Page No. - 57)
    7.1 Introduction
    7.2 Food & Beverages
           7.2.1 Bottles
           7.2.2 Containers
           7.2.3 Others
    7.3 Pharmaceuticals
           7.3.1 Bottles
           7.3.2 Containers
    7.4 Others
           7.4.1 Automotive
           7.4.2 Textiles
           7.4.3 Electrical & Electronics
           7.4.4 Personal Care

8 Regional Analysis (Page No. - 66)
    8.1 Introduction
    8.2 North America
           8.2.1 US
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Asia Pacific
           8.3.1 China
           8.3.2 Japan
           8.3.3 India
           8.3.4 South Korea
           8.3.5 Australia
           8.3.6 Rest of Asia Pacific
    8.4 Europe
           8.4.1 Germany
           8.4.2 Italy
           8.4.3 France
           8.4.4 Spain
           8.4.5 UK
           8.4.6 Russia
           8.4.7 Rest of Europe
    8.5 South America
           8.5.1 Brazil
           8.5.2 Argentina
           8.5.3 Rest of South America
    8.6 Middle East & Africa (MEA)
           8.6.1 Saudi Arabia
           8.6.2 South Africa
           8.6.3 Rest of Middle East & Africa

9 Competitive Landscape (Page No. - 104)
    9.1 Market Ranking of Key Players, 2016

10 Company Profiles (Page No. - 106)
(Business Overview, Products Offered, Scorecard of Product Offering, Scorecard of Business Strategy, and New Product Launch)
     10.1 Indorama Ventures Public Company Limited
     10.2 Far Eastern New Century Corporation
     10.3 DAK Americas
     10.4 JBF Industries Ltd.
     10.5 Reliance Industries Limited
     10.6 Sinopec Yizheng Chemical Fibre Company Limited
     10.7 Covestro AG
     10.8 Jiangsu Sanfangxiang Group Co., Ltd.
     10.9 M&G Chemicals
     10.10 Petro Polymer Shargh
     10.11 Quadrant AG
     10.12 Other Leading Players
             10.12.1 Uab Neo Group
             10.12.2 Novapet S.A.
             10.12.3 Invista
             10.12.4 Equipolymers
             10.12.5 Lotte Chemicals
             10.12.6 Nan Ya Plastics Corporation
             10.12.7 Plastiverd
             10.12.8 Polisan Holding
             10.12.9 Octal
             10.12.10 Shahid Tondgooyan Petrochemical Company
             10.12.11 Dhunseri Petrochem Limited (DPL)
             10.12.12 Teijin Limited
             10.12.13 China Resources Packaging Materials Co., Ltd.
             10.12.14 Mpi Polyester Industries

*Details Might Not Be Captured in Case of Unlisted Companies

11 Appendix (Page No. - 138)
     11.1 Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets Subscription Portal
     11.4 Introducing RT: Real-Time Market Intelligence
     11.5 Available Customizations
     11.6 Related Reports
     11.7 Author Details


List of Tables (75 Tables)

Table 1 Amorphous Polyethylene Terephthalate Market Snapshot
Table 2 Trends and Forecasts of Nominal GDP, By Country, 2017-2020 (USD Billion)
Table 3 Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (Kilotons)
Table 4 Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (USD Million)
Table 5 Bottles Segment, By Region, 2015-2022 (Kilotons)
Table 6 Films/Sheets Segment, By Region, 2015-2022 (Kilotons)
Table 7 Films/Sheets Segment, By Region, 2015-2022 (USD Million)
Table 8 Food Packaging Segment, By Region, 2015-2022 (Kilotons)
Table 9 Food Packaging Segment, By Region, 2015-2022 (USD Million)
Table 10 Food Packaging Segment, By Type, 2015-2022 (Kilotons)
Table 11 Food Packaging Segment, By Type, 2015-2022 (USD Million)
Table 12 Other Applications Segment, By Region, 2015-2022 (Kilotons)
Table 13 Other Applications Segment, By Region, 2015-2022 (USD Million)
Table 14 Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015–2022 (Kilotons)
Table 15 Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015–2022 (USD Million)
Table 16 Food & Beverages Segment, By Region, 2015–2022 (Kilotons)
Table 17 Food & Beverages Segment, By Region, 2015–2022 (USD Million)
Table 18 Pharmaceuticals Segment, By Region, 2015–2022 (Kilotons)
Table 19 Pharmaceuticals Segment, By Region, 2015–2022 (USD Million)
Table 20 Other End-Use Industries Segment, By Region, 2015–2022 (Kilotons)
Table 21 Other End-Use Industries Segment, By Region, 2015–2022 (USD Million)
Table 22 Amorphous Polyethylene Terephthalate Market, By Region, 2015-2022 (Kilotons)
Table 23 Amorphous Polyethylene Terephthalate Market, By Region, 2015-2022 (USD Million)
Table 24 North America Amorphous Polyethylene Terephthalate Market, By Country, 2015-2022 (Kilotons)
Table 25 North America Amorphous Polyethylene Terephthalate Market, By Country, 2015-2022 (USD Million)
Table 26 North America Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (Kilotons)
Table 27 North America Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (USD Million)
Table 28 North America Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (Kilotons)
Table 29 North America Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 30 US Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 31 Canada Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 32 Mexico Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 33 Asia Pacific Amorphous Polyethylene Terephthalate Market, By Country, 2015-2022 (Kilotons)
Table 34 Asia Pacific Amorphous Polyethylene Terephthalate Market, By Country, 2015-2022 (USD Million)
Table 35 Asia Pacific Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (Kilotons)
Table 36 Asia Pacific Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (USD Million)
Table 37 Asia Pacific Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (Kilotons)
Table 38 Asia Pacific Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 39 China APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 40 Japan APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 41 India APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 42 South Korea APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 43 Australia APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 44 Rest of Asia Pacific APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 45 Europe Amorphous Polyethylene Terephthalate Market, By Country, 2015-2022 (Kilotons)
Table 46 Europe Amorphous Polyethylene Terephthalate Market, By Country, 2015-2022 (USD Million)
Table 47 Europe Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (Kilotons)
Table 48 Europe Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (USD Million)
Table 49 Europe Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (Kilotons)
Table 50 Europe Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 51 Germany APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 52 Italy APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 53 France APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 54 Spain APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 55 UK APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 56 Russia APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 57 Rest of Europe Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 58 South America Amorphous Polyethylene Terephthalate Market, By Country, 2015-2022 (Kilotons)
Table 59 South America Amorphous Polyethylene Terephthalate Market, By Country, 2015-2022 (USD Million)
Table 60 South America Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (Kilotons)
Table 61 South America Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (USD Million)
Table 62 South America Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (Kilotons)
Table 63 South America Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 64 Brazil APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 65 Argentina APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 66 Rest of South America APET Market, By End-Use Industry, 2015-2022 (USD Million)
Table 67 Middle East & Africa Amorphous Polyethylene Terephthalate Market, By Country, 2015-2022 (Kilotons)
Table 68 Middle East & Africa Amorphous Polyethylene Terephthalate Market, By Country, 2015-2022 (USD Million)
Table 69 Middle East & Africa Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (Kilotons)
Table 70 Middle East & Africa Amorphous Polyethylene Terephthalate Market, By Application, 2015-2022 (USD Million)
Table 71 Middle East & Africa Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (Kilotons)
Table 72 Middle East & Africa Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 73 Saudi Arabia Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 74 South Africa Amorphous Polyethylene Terephthalate Market, By End-Use Industry, 2015-2022 (USD Million)
Table 75 Rest of Middle East & Africa APET Market, By End-Use Industry, 2015-2022 (USD Million)


List of Figures (35 Figures)

Figure 1 APET Market: Research Design
Figure 2 Market Size Estimation: Top-Down Approach
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Food & Beverages End-Use Industry Segment is Expected to Lead the APET Market Between 2017 and 2022
Figure 5 Bottles Application Segment is Estimated to Lead the APET Market in 2017
Figure 6 Asia Pacific to Be the Fastest Growing Market During the Forecast Period
Figure 7 Asia Pacific APET Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 8 APET Market is Projected to Witness Significant Growth From 2017 to 2022
Figure 9 Bottles Segment of the APET Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 10 Food & Beverages End-Use Industry Segment is Estimated to Lead APET Market in 2017
Figure 11 Asia Pacific Region is Expected to Lead the APET Market Between 2017 and 2022
Figure 12 APET Market in India and China is Expected to Witness Significant Growth From 2017 to 2022
Figure 13 India APET Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 14 Market Dynamics: Drivers, Restraints, Opportunities, and Challenges for the APET Market
Figure 15 Porter’s Five Forces Analysis
Figure 16 Bottles Application Segment is Projected to Lead the APET Market Between 2017 and 2022
Figure 17 Asia Pacific Bottles Application Segment of APET Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 18 Asia Pacific Region is Projected to Lead the Films/Sheets Application Segment of the Asia Pacific APET Market Between 2017 and 2022
Figure 19 Asia Pacific to Register the Highest CAGR in Food Packaging Application of the APET Market Between 2017 and 2022
Figure 20 Asia Pacific is Projected to Lead the Other Applications Segment of the APET Market From 2017 to 2022
Figure 21 Food & Beverages End-Use Industry Segment of the APET Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 22 Asia Pacific Region is Projected to Lead the Food & Beverages End-Use Industry Segment of the APET Market From 2017 to 2022
Figure 23 Pharmaceuticals End-Use Industry Segment of the Asia Pacific APET Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 24 Others End-Use Industry Segment of the Asia Pacific APET Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 25 North America Snapshot: US Dominates the APET
Figure 26 Asia Pacific Snapshot: China to Lead the APET Market
Figure 27 Europe Snapshot: Germany to Lead the APET Market
Figure 28 South America Snapshot : Brazil to Dominate the APET Market
Figure 29 Middle East & Africa Snapshot: Saudi Arabia to Lead the APET Market
Figure 30 Market Ranking, 2016
Figure 31 Indorama Ventures Public Company Limited: Company Snapshot
Figure 32 Far Eastern New Century Corporation: Company Snapshot
Figure 33 JBF Industries Ltd.: Company Snapshot
Figure 34 Reliance Industries Limited: Company Snapshot
Figure 35 Covestro AG: Company Snapshot

The amorphous polyethylene terephthalate (APET) market is estimated to be USD 28.86 Billion in 2017 and is projected to reach USD 40.85 Billion by 2022, at a CAGR of 7.2% during the forecast period from 2017 to 2022. Surging demand for amorphous polyethylene terephthalate from emerging economies and flourishing food & beverages industry across the globe are factors expected to drive the growth of the amorphous polyethylene terephthalate (APET) market during the forecast period.

Among applications, the bottles segment is projected to lead the amorphous polyethylene terephthalate (APET) market in terms of value during the forecast period. Amorphous polyethylene terephthalate is used widely for manufacturing disposable bottles as it is lightweight and offers high malleability, inertness, clarity, and toughness. The growing use of amorphous polyethylene terephthalate for making bottles for packaging carbonated soft drinks (CSD), mineral water, ready-to-drink tea and coffee, dairy products, energy drinks, and alcoholic beverages is anticipated to drive the growth of the amorphous polyethylene terephthalate (APET) market between 2017 and 2022.

Based on end-use industry, the amorphous polyethylene terephthalate (APET) market has been classified into food & beverages, pharmaceuticals, and others. In terms of value, the food & beverages end-use industry segment is expected to lead the amorphous polyethylene terephthalate (APET) market in 2017. This segment of the market is also projected to grow at the highest CAGR in terms of value during the forecast period. The food & beverages industry across the globe is undergoing transformation due to opening of new food retail chains, improving global economic conditions, rising disposable income of consumers, and growing demand for ready-to-eat food items. The growth of the food & beverages industry is anticipated to drive the demand for amorphous polyethylene terephthalate in the coming years.

In terms of value, the Asia Pacific region is expected to lead the amorphous polyethylene terephthalate (APET) market in 2017. China and Japan are the major markets for amorphous polyethylene terephthalate in the Asia Pacific region. The growth of the Asia Pacific amorphous polyethylene terephthalate (APET) market can be attributed to the improving socio-economic conditions of masses, increasing population in the region, differences in food habits of people, and increasing customer base for fast-moving consumer goods (FMCG) and packaged food items & beverages. In terms of value, the Asia Pacific amorphous polyethylene terephthalate (APET) market is expected to grow at the highest CAGR from 2017 to 2022.

Amorphous Polyethylene Terephthalate (APET) Market

Factors inhibiting the growth of the amorphous polyethylene terephthalate (APET) market are variations in environmental mandates and regulations across the globe. For instance, environmental norms and regulations in Asia Pacific, South America, and Africa are minimal as compared to Europe and North America. Furthermore, the growth of the amorphous polyethylene terephthalate (APET) market can be driven by the increasing demand for packaging materials made of amorphous polyethylene terephthalate from the food & beverages industry across the globe.

Key players in the amorphous polyethylene terephthalate (APET) market are Reliance Industries Limited (India), Indorama Ventures Public Company Limited (Thailand), Covestro AG (Germany), Far Eastern New Century Corporation (Taiwan), M&G Chemicals (Luxembourg), Jiangsu Sanfangxiang Group Co., Ltd. (China), JBF Industries Ltd. (India), Nan Ya Plastics Corporation (Taiwan), Polisan Holding (Turkey), DAK Americas (Mexico), INVISTA (US), Sinopec Yizheng Chemical Fibre Company Limited (China), PlastiVerd (Spain), Quadrant AG (Switzerland), Teijin Limited (China), NOVAPET S.A. (Spain), OCTAL (Oman), UAB NEO GROUP (Lithuania), Shahid Tondgooyan Petrochemical Company (Iran), China Resources Packaging Materials Co., Ltd. (China), MPI Polyester Industries (Malaysia), Lotte Chemicals (South Korea), Petro Polymer Shargh (Iran), Equipolymers (Germany), and Dhunseri Petrochem Limited (India) among others.

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