Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Analysis 2022
The Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market is expected to reach $53.39 billion by 2028 growing at a CAGR of 8.0% from 2021 to 2028. Polyethylene terephthalate is recyclable polyester and is utilized in various applications compared to other thermosetting materials. Recycling PET increases the consumption of PET bottles and supports the demand for PET resin. Polybutylene terephthalate is a thermoplastic engineering polymer that is used as an insulator, and a type of polyester.
Factors such as rising demand for manufacturing lightweight vehicles, highly recyclable plastic resin, and increasing demand for PET in the packaging sector are driving the growth of the market. However, fluctuations in raw material prices are restraining the growth of the market.
Based on application, the electrical & electronics segment is going to have a lucrative growth during the forecast period due to the rise in disposable income, particularly in the emerging markets. The demand for PBT in electronic components and assembly is expected to continue to create new growth opportunities for the market.
The key vendors mentioned are Toray Industries, Inc., SABIC, Mitsubishi Chemical Corporation, Koninklijke DSM N.V., Jiangsu Sanfangxiang Group Co., Ltd., Indorama Ventures Limited, Far Eastern New Century Corporation, DowDuPont, Inc., BASF, Alpek and M&G Chemicals SA.
Types Covered:
- Transparent & Non-Transparent Polyethylene Terephthalate
- Recycled Polyethylene Terephthalate
- Sporting Goods
- Pharmaceutical and Medical Applications
- Cosmetics and Personal Care
- Home Cleaning Products
- Electrical & Electronics
- Consumer Appliances
- Automotive
- Packaging Components
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- How this market evolved since the year 2020
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analyzed during the forecast period
- 1 Market Synopsis
- 2 Research Outline
- 2.1 Research Snapshot
- 2.2 Research Methodology
- 2.3 Research Sources
- 2.3.1 Primary Research Sources
- 2.3.2 Secondary Research Sources
- 3 Market Dynamics
- 3.1 Drivers
- 3.2 Restraints
- 4 Market Environment
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By Type
- 5.1 Introduction
- 5.2 Transparent & Non-Transparent Polyethylene Terephthalate
- 5.3 Recycled Polyethylene Terephthalate
- 6 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By Application
- 6.1 Introduction
- 6.2 Sporting Goods
- 6.3 Pharmaceutical and Medical Applications
- 6.4 Cosmetics and Personal Care
- 6.5 Home Cleaning Products
- 6.6 Electrical & Electronics
- 6.7 Consumer Appliances
- 6.8 Automotive
- 6.9 Packaging Components
- 7 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.3 Europe
- 7.4 Asia Pacific
- 7.5 South America
- 7.6 Middle East & Africa
- 8 Strategic Benchmarking
- 9 Vendors Landscape
- 9.1 Toray Industries, Inc.
- 9.2 SABIC
- 9.3 Mitsubishi Chemical Corporation
- 9.4 Koninklijke DSM N.V.
- 9.5 Jiangsu Sanfangxiang Group Co., Ltd.
- 9.6 Indorama Ventures Limited
- 9.7 Far Eastern New Century Corporation
- 9.8 DowDuPont, Inc.
- 9.9 BASF
- 9.10 Alpek
- 9.11 M&G Chemicals SA
- List of Data Tables
- Table 1 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Type (2020-2028) ($MN)
- Table 3 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Transparent & Non-Transparent Polyethylene Terephthalate (2020-2028) ($MN)
- Table 4 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Recycled Polyethylene Terephthalate (2020-2028) ($MN)
- Table 5 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Application (2020-2028) ($MN)
- Table 6 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Sporting Goods (2020-2028) ($MN)
- Table 7 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Pharmaceutical and Medical Applications (2020-2028) ($MN)
- Table 8 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Cosmetics and Personal Care (2020-2028) ($MN)
- Table 9 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Home Cleaning Products (2020-2028) ($MN)
- Table 10 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Electrical & Electronics (2020-2028) ($MN)
- Table 11 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Consumer Appliances (2020-2028) ($MN)
- Table 12 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Automotive (2020-2028) ($MN)
- Table 13 Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Packaging Components (2020-2028) ($MN)
- Table 14 North America Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Type (2020-2028) ($MN)
- Table 15 North America Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Application (2020-2028) ($MN)
- Table 16 Europe Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Type (2020-2028) ($MN)
- Table 17 Europe Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Application (2020-2028) ($MN)
- Table 18 Asia Pacific Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Type (2020-2028) ($MN)
- Table 19 Asia Pacific Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Application (2020-2028) ($MN)
- Table 20 South America Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Type (2020-2028) ($MN)
- Table 21 South America Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Application (2020-2028) ($MN)
- Table 22 Middle East & Africa Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Type (2020-2028) ($MN)
- Table 23 Middle East & Africa Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Outlook, By Application (2020-2028) ($MN)
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