Global PETG Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global PETG Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Polyethylene terephthalate glycol (PETG) is a high-impact material produced from thermoplastic co-polyester which provides remarkable clarity and light transmission with high gloss in addition to impact resistance at low temperatures. PETG is used in a variety of packaging, industrial and medical applications.

Market Overview:

The latest research study on the global PETG market finds that the global PETG market reached a value of USD 2045.38 million in 2022. It’s expected that the market will achieve USD 3548.09 million by 2028, exhibiting a CAGR of 9.62% during the forecast period.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Eastman, SK and Liaoyang Petrochemical with the revenue market share of 67.15%, 26.79% and 1.65% in 2019.

Eastman Chemical Company manufactures and sells materials, specialty additives, chemicals, and fibers in the United States and internationally. The company’s Additives & Functional Products segment offers specialty coalescents, specialty and commodity solvents, paint additives, and specialty polymers; hydrocarbon and rosin resins; insoluble sulfur and antidegradant rubber additives; performance resins and amine derivativebased building blocks; heat transfer and aviation fluids; formic acid-based solutions; and metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators. Its products are used in transportation, consumables, building and construction.

SK Chemicals Co., Ltd. provides chemicals and life sciences products and solutions in South Korea and internationally. The company develops copolyster, coating and adhesive material, engineering plastic, preperg, bio material, and 3D printing material, as well as pharmaceutical products, vaccines, and plasma derivatives. The company is headquartered in Seongnam, South Korea.

Segmentation Overview:

Among different product types, Extruded Grade PETG segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Sheet segment occupied the biggest share from 2018 to 2022.

Key Companies in the global PETG market covered in Chapter 3:

Liaoyang Petrochemical
EASTMAN
SK

In Chapter 4 and Chapter 14.2, on the basis of types, the PETG market from 2018 to 2029 is primarily split into:

Extruded Grade PETG
Injection Molding Grade PETG
Blow Molding Grade ETG

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the PETG market from 2018 to 2029 covers:

Sheet
Film
Bottle/Container
Extruded Profile
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)