Global PET Resin Market Growth 2025-2031

The global PET Resin market size is predicted to grow from US$ 116010 million in 2025 to US$ 140270 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.

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. In the report, statistical unit 'K MT' refers to 1,000 tons.

Global key players of PET Resin 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 percent.

LP Information, Inc. (LPI) ' newest research report, the “PET Resin Industry Forecast” looks at past sales and reviews total world PET Resin sales in 2024, providing a comprehensive analysis by region and market sector of projected PET Resin sales for 2025 through 2031. With PET Resin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PET Resin industry.

This Insight Report provides a comprehensive analysis of the global PET Resin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PET Resin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PET Resin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PET Resin and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PET Resin.

This report presents a comprehensive overview, market shares, and growth opportunities of PET Resin market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
PET Filament
PET Staple
Bottle Grade PET
Film Grade PET

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

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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)

Key Questions Addressed in this Report

What is the 10-year outlook for the global PET Resin market?

What factors are driving PET Resin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do PET Resin market opportunities vary by end market size?

How does PET Resin break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.