Global Polyethylene Terephthalate (PET) Resin Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Polyethylene Terephthalate (PET) Resin Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Polyethylene Terephthalate (PET) Resin market size was valued at US$ 114850 million in 2024 and is forecast to a readjusted size of USD 145930 million by 2031 with a CAGR of 3.0% during review period.

Polyethylene Terephthalate (PET), also called PETE, is a type of engineering resin.

PET resins are known for their excellent combination of properties such as mechanical, thermal, chemical resistance as well as dimensional stability.

It is polymerized by pure terephthalic acid and ethylene glycol, and mainly used for clothing fabric and household textiles, food and beverage packaging, films, injection moulding, etc.

The global Polyethylene Terephthalate (PET) market is currently influenced by several key trends:

Sustainability and Recycling: There is a significant push towards sustainability, with increasing demand for recycled PET (rPET) driven by environmental regulations and consumer preferences for eco-friendly products. Many manufacturers are adopting circular economy practices to enhance recyclability.

Growth in Packaging Industry: PET's excellent properties for packaging, particularly in the food and beverage sector, continue to drive demand. Its lightweight, strength, and barrier properties make it a preferred choice for containers and bottles.

Expansion in Emerging Markets: Rapid urbanization and increasing disposable incomes in emerging economies, particularly in Asia-Pacific (e.g., China and India), are fueling the growth of the PET market as consumer goods and packaged products become more prevalent.

Technological Advancements: Innovations in PET manufacturing, such as the development of bio-based PET and improvements in processing technologies, are enhancing product performance and reducing environmental impact.

Market Consolidation: The PET resin market is seeing mergers and acquisitions among major players, which aim to improve production efficiencies, expand product offerings, and enhance global reach.

Shift to E-commerce and Convenience Packaging: The rise of e-commerce is influencing packaging requirements, leading to increased demand for lightweight and durable PET products that can protect goods during transit.

Global key players of Polyethylene Terephthalate (PET) include Tongkun Group, Xin Feng Ming Group, Zhejiang Hengyi, Indorama Ventures, Alpek, etc. The top five players hold a share about 33%. Asia-Pacific is the largest market, and has a share about 76%, followed by Europe and North America with share 9% and 9%, separately. In terms of product type, PET Filament is the largest segment, accounting for a share of 51%. In terms of application, Apparel is the largest field with a share about 39%.

This report is a detailed and comprehensive analysis for global Polyethylene Terephthalate (PET) Resin market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Polyethylene Terephthalate (PET) Resin market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Polyethylene Terephthalate (PET) Resin market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Polyethylene Terephthalate (PET) Resin market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Polyethylene Terephthalate (PET) Resin market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Polyethylene Terephthalate (PET) Resin

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Polyethylene Terephthalate (PET) Resin market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tongkun Group, Xin Feng Ming Group, Zhejiang Hengyi, Indorama Ventures, Alpek, FENC, Reliance Industries, Sheng Hong Group, Hengli Group, Billion Industrial, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Polyethylene Terephthalate (PET) Resin market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
PET Filament
PET Staple
Bottle Grade PET
Film Grade PET

Market segment by Application
Apparel
Household Textiles
Bottle Packaging Container
Automotive Decoration
Electronics & Electrical
Building and Construction
Others

Major players covered
Tongkun Group
Xin Feng Ming Group
Zhejiang Hengyi
Indorama Ventures
Alpek
FENC
Reliance Industries
Sheng Hong Group
Hengli Group
Billion Industrial
Rongsheng Petrochemical
Sanfangxiang Group
Sinopec Yizheng
CR Chemical Materials
JBF Industries
NanYa
Wankai New Materials
Dhunseri Ventures Limited
SABIC
NEO GROUP
Lotte Chemical
Toray
KoKsan
Sibur (Polief)
Asia Pacific Fibers (APF)

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Polyethylene Terephthalate (PET) Resin product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Polyethylene Terephthalate (PET) Resin, with price, sales quantity, revenue, and global market share of Polyethylene Terephthalate (PET) Resin from 2020 to 2025.

Chapter 3, the Polyethylene Terephthalate (PET) Resin competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Polyethylene Terephthalate (PET) Resin breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Polyethylene Terephthalate (PET) Resin market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Polyethylene Terephthalate (PET) Resin.

Chapter 14 and 15, to describe Polyethylene Terephthalate (PET) Resin sales channel, distributors, customers, research findings and conclusion.