The global Polyethylene Terephthalate (PET) market size is predicted to grow from US$ 119250 million in 2025 to US$ 144190 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.
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%.
The 鈥淧olyethylene Terephthalate (PET) Industry Forecast鈥� looks at past sales and reviews total world Polyethylene Terephthalate (PET) sales in 2024, providing a comprehensive analysis by region and market sector of projected Polyethylene Terephthalate (PET) sales for 2025 through 2031. With Polyethylene Terephthalate (PET) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyethylene Terephthalate (PET) industry.
This Insight Report provides a comprehensive analysis of the global Polyethylene Terephthalate (PET) 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 Polyethylene Terephthalate (PET) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Polyethylene Terephthalate (PET) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyethylene Terephthalate (PET) 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 Polyethylene Terephthalate (PET).
This report presents a comprehensive overview, market shares, and growth opportunities of Polyethylene Terephthalate (PET) 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 Polyethylene Terephthalate (PET) market?
What factors are driving Polyethylene Terephthalate (PET) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Polyethylene Terephthalate (PET) market opportunities vary by end market size?
How does Polyethylene Terephthalate (PET) break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Polyethylene Terephthalate (PET) Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Polyethylene Terephthalate (PET) by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Polyethylene Terephthalate (PET) by Country/Region, 2020, 2024 & 2031
2.2 Polyethylene Terephthalate (PET) Segment by Type
2.2.1 PET Filament
2.2.2 PET Staple
2.2.3 Bottle Grade PET
2.2.4 Film Grade PET
2.3 Polyethylene Terephthalate (PET) Sales by Type
2.3.1 Global Polyethylene Terephthalate (PET) Sales Market Share by Type (2020-2025)
2.3.2 Global Polyethylene Terephthalate (PET) Revenue and Market Share by Type (2020-2025)
2.3.3 Global Polyethylene Terephthalate (PET) Sale Price by Type (2020-2025)
2.4 Polyethylene Terephthalate (PET) Segment by Application
2.4.1 Apparel
2.4.2 Household Textiles
2.4.3 Bottle Packaging Container
2.4.4 Automotive Decoration
2.4.5 Electronics & Electrical
2.4.6 Building and Construction
2.4.7 Others
2.5 Polyethylene Terephthalate (PET) Sales by Application
2.5.1 Global Polyethylene Terephthalate (PET) Sale Market Share by Application (2020-2025)
2.5.2 Global Polyethylene Terephthalate (PET) Revenue and Market Share by Application (2020-2025)
2.5.3 Global Polyethylene Terephthalate (PET) Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Polyethylene Terephthalate (PET) Breakdown Data by Company
3.1.1 Global Polyethylene Terephthalate (PET) Annual Sales by Company (2020-2025)
3.1.2 Global Polyethylene Terephthalate (PET) Sales Market Share by Company (2020-2025)
3.2 Global Polyethylene Terephthalate (PET) Annual Revenue by Company (2020-2025)
3.2.1 Global Polyethylene Terephthalate (PET) Revenue by Company (2020-2025)
3.2.2 Global Polyethylene Terephthalate (PET) Revenue Market Share by Company (2020-2025)
3.3 Global Polyethylene Terephthalate (PET) Sale Price by Company
3.4 Key Manufacturers Polyethylene Terephthalate (PET) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Polyethylene Terephthalate (PET) Product Location Distribution
3.4.2 Players Polyethylene Terephthalate (PET) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Polyethylene Terephthalate (PET) by Geographic Region
4.1 World Historic Polyethylene Terephthalate (PET) Market Size by Geographic Region (2020-2025)
4.1.1 Global Polyethylene Terephthalate (PET) Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Polyethylene Terephthalate (PET) Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Polyethylene Terephthalate (PET) Market Size by Country/Region (2020-2025)
4.2.1 Global Polyethylene Terephthalate (PET) Annual Sales by Country/Region (2020-2025)
4.2.2 Global Polyethylene Terephthalate (PET) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Polyethylene Terephthalate (PET) Sales Growth
4.4 APAC Polyethylene Terephthalate (PET) Sales Growth
4.5 Europe Polyethylene Terephthalate (PET) Sales Growth
4.6 Middle East & Africa Polyethylene Terephthalate (PET) Sales Growth
5 Americas
5.1 Americas Polyethylene Terephthalate (PET) Sales by Country
5.1.1 Americas Polyethylene Terephthalate (PET) Sales by Country (2020-2025)
5.1.2 Americas Polyethylene Terephthalate (PET) Revenue by Country (2020-2025)
5.2 Americas Polyethylene Terephthalate (PET) Sales by Type (2020-2025)
5.3 Americas Polyethylene Terephthalate (PET) Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Polyethylene Terephthalate (PET) Sales by Region
6.1.1 APAC Polyethylene Terephthalate (PET) Sales by Region (2020-2025)
6.1.2 APAC Polyethylene Terephthalate (PET) Revenue by Region (2020-2025)
6.2 APAC Polyethylene Terephthalate (PET) Sales by Type (2020-2025)
6.3 APAC Polyethylene Terephthalate (PET) Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Polyethylene Terephthalate (PET) by Country
7.1.1 Europe Polyethylene Terephthalate (PET) Sales by Country (2020-2025)
7.1.2 Europe Polyethylene Terephthalate (PET) Revenue by Country (2020-2025)
7.2 Europe Polyethylene Terephthalate (PET) Sales by Type (2020-2025)
7.3 Europe Polyethylene Terephthalate (PET) Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Polyethylene Terephthalate (PET) by Country
8.1.1 Middle East & Africa Polyethylene Terephthalate (PET) Sales by Country (2020-2025)
8.1.2 Middle East & Africa Polyethylene Terephthalate (PET) Revenue by Country (2020-2025)
8.2 Middle East & Africa Polyethylene Terephthalate (PET) Sales by Type (2020-2025)
8.3 Middle East & Africa Polyethylene Terephthalate (PET) Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Polyethylene Terephthalate (PET)
10.3 Manufacturing Process Analysis of Polyethylene Terephthalate (PET)
10.4 Industry Chain Structure of Polyethylene Terephthalate (PET)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Polyethylene Terephthalate (PET) Distributors
11.3 Polyethylene Terephthalate (PET) Customer
12 World Forecast Review for Polyethylene Terephthalate (PET) by Geographic Region
12.1 Global Polyethylene Terephthalate (PET) Market Size Forecast by Region
12.1.1 Global Polyethylene Terephthalate (PET) Forecast by Region (2026-2031)
12.1.2 Global Polyethylene Terephthalate (PET) Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Polyethylene Terephthalate (PET) Forecast by Type (2026-2031)
12.7 Global Polyethylene Terephthalate (PET) Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Tongkun Group
13.1.1 Tongkun Group Company Information
13.1.2 Tongkun Group Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.1.3 Tongkun Group Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Tongkun Group Main Business Overview
13.1.5 Tongkun Group Latest Developments
13.2 Xin Feng Ming Group
13.2.1 Xin Feng Ming Group Company Information
13.2.2 Xin Feng Ming Group Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.2.3 Xin Feng Ming Group Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Xin Feng Ming Group Main Business Overview
13.2.5 Xin Feng Ming Group Latest Developments
13.3 Zhejiang Hengyi
13.3.1 Zhejiang Hengyi Company Information
13.3.2 Zhejiang Hengyi Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.3.3 Zhejiang Hengyi Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Zhejiang Hengyi Main Business Overview
13.3.5 Zhejiang Hengyi Latest Developments
13.4 Indorama Ventures
13.4.1 Indorama Ventures Company Information
13.4.2 Indorama Ventures Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.4.3 Indorama Ventures Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Indorama Ventures Main Business Overview
13.4.5 Indorama Ventures Latest Developments
13.5 Alpek
13.5.1 Alpek Company Information
13.5.2 Alpek Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.5.3 Alpek Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Alpek Main Business Overview
13.5.5 Alpek Latest Developments
13.6 FENC
13.6.1 FENC Company Information
13.6.2 FENC Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.6.3 FENC Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 FENC Main Business Overview
13.6.5 FENC Latest Developments
13.7 Reliance Industries
13.7.1 Reliance Industries Company Information
13.7.2 Reliance Industries Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.7.3 Reliance Industries Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Reliance Industries Main Business Overview
13.7.5 Reliance Industries Latest Developments
13.8 Sheng Hong Group
13.8.1 Sheng Hong Group Company Information
13.8.2 Sheng Hong Group Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.8.3 Sheng Hong Group Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Sheng Hong Group Main Business Overview
13.8.5 Sheng Hong Group Latest Developments
13.9 Hengli Group
13.9.1 Hengli Group Company Information
13.9.2 Hengli Group Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.9.3 Hengli Group Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Hengli Group Main Business Overview
13.9.5 Hengli Group Latest Developments
13.10 Billion Industrial
13.10.1 Billion Industrial Company Information
13.10.2 Billion Industrial Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.10.3 Billion Industrial Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Billion Industrial Main Business Overview
13.10.5 Billion Industrial Latest Developments
13.11 Rongsheng Petrochemical
13.11.1 Rongsheng Petrochemical Company Information
13.11.2 Rongsheng Petrochemical Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.11.3 Rongsheng Petrochemical Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Rongsheng Petrochemical Main Business Overview
13.11.5 Rongsheng Petrochemical Latest Developments
13.12 Sanfangxiang Group
13.12.1 Sanfangxiang Group Company Information
13.12.2 Sanfangxiang Group Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.12.3 Sanfangxiang Group Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Sanfangxiang Group Main Business Overview
13.12.5 Sanfangxiang Group Latest Developments
13.13 Sinopec Yizheng
13.13.1 Sinopec Yizheng Company Information
13.13.2 Sinopec Yizheng Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.13.3 Sinopec Yizheng Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Sinopec Yizheng Main Business Overview
13.13.5 Sinopec Yizheng Latest Developments
13.14 CR Chemical Materials
13.14.1 CR Chemical Materials Company Information
13.14.2 CR Chemical Materials Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.14.3 CR Chemical Materials Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 CR Chemical Materials Main Business Overview
13.14.5 CR Chemical Materials Latest Developments
13.15 JBF Industries
13.15.1 JBF Industries Company Information
13.15.2 JBF Industries Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.15.3 JBF Industries Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 JBF Industries Main Business Overview
13.15.5 JBF Industries Latest Developments
13.16 NanYa
13.16.1 NanYa Company Information
13.16.2 NanYa Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.16.3 NanYa Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 NanYa Main Business Overview
13.16.5 NanYa Latest Developments
13.17 Wankai New Materials
13.17.1 Wankai New Materials Company Information
13.17.2 Wankai New Materials Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.17.3 Wankai New Materials Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Wankai New Materials Main Business Overview
13.17.5 Wankai New Materials Latest Developments
13.18 Dhunseri Ventures Limited
13.18.1 Dhunseri Ventures Limited Company Information
13.18.2 Dhunseri Ventures Limited Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.18.3 Dhunseri Ventures Limited Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Dhunseri Ventures Limited Main Business Overview
13.18.5 Dhunseri Ventures Limited Latest Developments
13.19 SABIC
13.19.1 SABIC Company Information
13.19.2 SABIC Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.19.3 SABIC Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 SABIC Main Business Overview
13.19.5 SABIC Latest Developments
13.20 NEO GROUP
13.20.1 NEO GROUP Company Information
13.20.2 NEO GROUP Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.20.3 NEO GROUP Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 NEO GROUP Main Business Overview
13.20.5 NEO GROUP Latest Developments
13.21 Lotte Chemical
13.21.1 Lotte Chemical Company Information
13.21.2 Lotte Chemical Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.21.3 Lotte Chemical Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 Lotte Chemical Main Business Overview
13.21.5 Lotte Chemical Latest Developments
13.22 Toray
13.22.1 Toray Company Information
13.22.2 Toray Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.22.3 Toray Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 Toray Main Business Overview
13.22.5 Toray Latest Developments
13.23 KoKsan
13.23.1 KoKsan Company Information
13.23.2 KoKsan Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.23.3 KoKsan Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 KoKsan Main Business Overview
13.23.5 KoKsan Latest Developments
13.24 Sibur (Polief)
13.24.1 Sibur (Polief) Company Information
13.24.2 Sibur (Polief) Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.24.3 Sibur (Polief) Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.24.4 Sibur (Polief) Main Business Overview
13.24.5 Sibur (Polief) Latest Developments
13.25 Asia Pacific Fibers (APF)
13.25.1 Asia Pacific Fibers (APF) Company Information
13.25.2 Asia Pacific Fibers (APF) Polyethylene Terephthalate (PET) Product Portfolios and Specifications
13.25.3 Asia Pacific Fibers (APF) Polyethylene Terephthalate (PET) Sales, Revenue, Price and Gross Margin (2020-2025)
13.25.4 Asia Pacific Fibers (APF) Main Business Overview
13.25.5 Asia Pacific Fibers (APF) Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
