Amorphous Polyethylene Terephthalate Market - Global Industry Analysis

Amorphous Polyethylene Terephthalate Market by Applications (Food packaging, Films & Sheets, Bottles, and Others), by End-use Industry (Food & Beverages, Automotive, Pharmaceutical, and Others), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Published Date: 09-Nov-2022 Category: Chemical & Materials Report Format : PDF Pages: 205 Report Code: ZMR-3079 Status : Published

The global amorphous polyethylene terephthalate market size was worth around USD 38.5 billion in 2021 and is predicted to grow to around USD 59.5 billion by 2028 with a compound annual growth rate (CAGR) of roughly 8.5% between 2022 and 2028.

Description

Amorphous Polyethylene Terephthalate Market Size and Industry Analysis:

The global amorphous polyethylene terephthalate market size was worth around USD 38.5 billion in 2021 and is predicted to grow to around USD 59.5 billion by 2028 with a compound annual growth rate (CAGR) of roughly 8.5% between 2022 and 2028. The report analyzes the global amorphous polyethylene terephthalate market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the amorphous polyethylene terephthalate market.

Amorphous Polyethylene Terephthalate Market: Overview

Amorphous polyethylene terephthalates hold good mechanical and chemical properties. It is a semi-crystalline polymer obtained from the crystallization process of PET. Amorphous PET possesses high strength, stiffness, clear visibility, and low creep characteristics due to which it has been extensively used in food packaging, manufacturing of bottles, making films & sheets, automotive industry, and others.

COVID-19 Impact:

The global market amorphous polyethylene terephthalate market was negatively affected due to the onset of Covid-19. The imposition of strict norms from both developed and developing economies have affected the amorphous polyethylene terephthalate market. Furthermore, the shutdown of manufacturing plants, cut breaks in logistics and supply chain activities, and shortage of labor due to worker safety have affected the market in 2020.  This has temporarily hampered the demand and supply chain of the amorphous PET market. In addition, the falling income of customers has led contraction in the demand for clothes, bottles, packaged foods, and others during the COVID-19 period. 

In the first quarter of 2021, the market for amorphous PET has experienced due to increase in the demand for films, sheets, packaging bottles, household products, and other end-use industry worldwide, compared to that in 2020. From April 2021, the market was evolving and economies of both developed and developing countries were improving owing to growing consumer demand; thus, the market is growing rapidly from 2022.

Key Insights

  • As per the analysis shared by our research analyst, the global amorphous polyethylene terephthalate market is estimated to grow annually at a CAGR of around 8.5% over the forecast period (2022-2028).
  •  In terms of revenue, the global amorphous polyethylene terephthalate market size was valued at around USD 38.5 billion in 2021 and is projected to reach USD 59.5 billion, by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • The global amorphous polyethylene terephthalate market may grow owing to the well establishment of the packaging and plastic production industry in the Asia-Pacific region.
  • Based on end-use industry segmentation, the food and beverages segment was predicted to show maximum market share in the year 2021
  • On the basis of region, Asia-Pacific was the leading revenue generator in 2021.

Global Amorphous Polyethylene Terephthalate Market

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Amorphous Polyethylene Terephthalate Market: Growth Drivers

Robust shift for sustainability likely to spur market growth

Government initiatives on growing plastic waste and support for amorphous PET-based plastic have enhanced the performance of the amorphous PET market. In addition, PET is the most commonly used plastic on the earth. According to data revealed by Plastic Ingenuity, almost every recycling program in the US accepts PET materials. The Life Cycle Inventory Study reported in 2010 that “for every pound of amorphous PET flake used, energy use is reduced by 84%; greenhouse gas emissions by 71%. This may act as one of the key drivers responsible for the growth of the market during the forecast period. Furthermore, the growing young population across the globe, increase in the demand for various clothing, and rise in fashion consciousness among people have led them to opt for moisture barriers based on amorphous PET which is used as a fiber for making various types of clothes.

Amorphous Polyethylene Terephthalate Market: Restraints

High production cost to hamper market expansion

Fluctuations in the prices of raw materials for amorphous polyethylene terephthalate production have hampered the market. In addition, cut breaks in the import and export of PET-based plastic in regions such as North America, Europe, and others are expected to dampen the market in upcoming years. Moreover, higher lead time and tooling costs involved in injection molding technology and recycling process for amorphous PET are likely to act as restrain for the global amorphous polyethylene terephthalate market during the forecast period.

Amorphous Polyethylene Terephthalate Market: Opportunities

Robust demand from packaging industry to bring up growth avenues for market

The growing population across the globe, increase in the number of working women, and rising demand for ready-to-eat packaged food have given way to the amorphous PET industry. Amorphous PET-based plastics are extensively used in the manufacturing of plastic containers owing to their transparency and good physical properties. This is projected to propel the growth of the global amorphous PET market in the upcoming years. In addition, the growing food and beverages industry across the world is driving the potential sales of the amorphous PET market. For instance, according to an article published by IBIS World, in the year August 2022, the industry revenue is expected to fall at a compound annual rate of 0.9% over the five years through 2022-23 to £935.4 million. This factor will increase the potential sales of the amorphous PET market in forthcoming years.

Amorphous Polyethylene Terephthalate Market: Challenges

Fluctuations in the prices of raw material

Amorphous polyethylene terephthalate is comparatively more expensive than conventional polymers. In addition, the availability of alternative cost-effective plastics is expected to act as a challenging factor for the amorphous polyethylene terephthalate market. However, the stringent government norms and regulation on the plastic ban is expected to hamper the overall market growth. Durability of amorphous PET material is expected to increase environmental pollution. On the other hand, manufacturers are switching to the alternative substitute for amorphous PET due to government programs for sustainable and plastic-free environment.

Amorphous Polyethylene Terephthalate Market: Segmentation

The global amorphous polyethylene terephthalate market is segmented based on application, end-use industry, and region.

Based on application, the amorphous PET market is segmented into, food packaging, films & sheets, bottles, and others. The food packaging segment is dominating during the forecast period and accounted for 48.65% of the total market share. The factors such as a rapid shift in lifestyle, the busy schedule of people, and growing trends of ready-to-eat packed food have escalated the demand for various types of amorphous PET products, where it is extensively used as protecting and covering material while carrying out food during transportation.

Based on the end-use industry, the global amorphous PET market is categorized into, food & beverages, automotive, pharmaceutical, and others. The food and beverages sector is dominating during the forecast period and accounted for 36.65% of the total market share. This is attributed to the fact that the growing unorganized retail industry, hotels, restaurants, cloud kitchens, and others have enhanced the performance of the amorphous PET market. Furthermore, data published by DARAT Consulting, in March 2021, the food and beverage market was estimated at US$30.12 billion in 2015 and is expected to reach US$142 billion by 2020, with a compounded annual growth rate (CAGR) of 36.34%. This factor will offer remunerative opportunities for amorphous PET where it will be widely used to prepare plastic wraps, films, bottles, jars, parcel boxes, and among others.

Recent Developments:

  • In September 2021, Biffa acquired the recycling asset of Virdor Waste Management Ltd. This strategic acquisition has widened Biffa’s recycling asset. 
  • In June 2021, Indorama Ventures has acquired CarboonLite Holdings’ facility based out of Texas to increase its PET recycling capability. This strategic acquisition is expected to increase the overall company’s growth in the market.
  • In January 2022, Indorama Ventures Public Company Limited entered into a strategic acquisition where it stated that it will acquire Ngoc Nghia Industry – Service – Trading Joint Stock Company's shares (NN). NN is a leading manufacturer and supplier of PET packaging materials to the beverage and non-beverage industries. This strategic acquisition will enhance Indorama’s product portfolio for PET.
  •  In January 2022, Alpek, S.A.B. de C.V., entered into a strategic agreement to acquire OCTAL Holding SAOC ("Octal") from OCTAL Holding SAOC. This strategic acquisition will strengthen Alpek’s product portfolio for PET in upcoming years.

Amorphous Polyethylene Terephthalate Market Report Scope:

Report Attributes Report Details
Report Name Amorphous Polyethylene Terephthalate Market Research Report
Number of Pages 205
Key Companies Covered JBF Industries Ltd. Reliance Industries Limited, Quadrant AG, Novapet S.A., Plastiverd, Polisan Holding, Octal, Shahid Tondgooyan Petrochemical Company, Indorama Ventures Public Company Limited (Thailand), Jiangsu Sanfangxiang Group Co., Ltd., PolyQuest, Evergreen Plastics, Inc., Phoenix Technologies, Libolon, Biffa and DAK Americas.
Segments Covered By Application, By End Use Industry and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2021
Historical Year 2016 to 2020
Forecast Year 2022 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

 

Amorphous Polyethylene Terephthalate Market: Regional Analysis

Asia-Pacific to lead owing to higher technology adoption rate during the forecast period

The global amorphous polyethylene terephthalate market growth is expected to be driven by Asia Pacific and accounts for 43.67% of the total market share. This region is also anticipated to maintain its dominance throughout the forecast period. Countries such as China, Japan, India, and others have significant contributions to the growth of the recycled PET market in the region. Key factors for the growth of fiber, consumer goods, bottle-to-bottle production, food and beverages, and other end-use industry has surged the demand for amorphous PET. Furthermore, the healthcare sector is one of the booming sectors in India. For instance, according to a report published by NITI Aayog in the year March 2021, India’s healthcare industry has been growing at a Compound Annual Growth Rate (CAGR) of around 22% since 2016. At this rate, it is expected to reach USD 372 billion in 2022. These factors together increase the usage of amorphous PET in the growing healthcare industry for manufacturing and packaging various healthcare products such as various surgical containers, medical bottles, saline bottles, syringes, and many others.

Moreover, China has a dynamic market for the food & beverages sector owing to the rise in the population, growing recycling PET plants, rise in import and export trade, and increased demand for food have enhanced the market growth. According to data published by the Ministry of Environment, Forest and Climate Change, the government notifies the Plastic Waste Management Amendment Rules, 2021, prohibiting identified single-use plastic items by 2022. This regulation act as one of the supporting factor for the growth of the recycled PET market during the forecast period.

North America, Europe, and the Middle East region show positive growth during the forecast period. Growing pharmaceutical and food & beverages industries in the countries such as the U.S., Germany, the UK, Spain, and others have surged the demand for amorphous polyethylene terephthalates. In addition, the LAMEA region has a good presence in the petrochemical industry and chemical manufacturing units due to which the amorphous polyethylene terephthalate market has good scope in the LMAEA region.

Amorphous Polyethylene Terephthalate Market: Competitive Analysis

The global amorphous polyethylene terephthalate market is dominated by players like JBF Industries Ltd. Reliance Industries Limited, Quadrant AG, Novapet S.A., Plastiverd, Polisan Holding, Octal, Shahid Tondgooyan Petrochemical Company, Indorama Ventures Public Company Limited (Thailand), Jiangsu Sanfangxiang Group Co., Ltd., PolyQuest, Evergreen Plastics, Inc., Phoenix Technologies, Libolon, Biffa and DAK Americas.

The global amorphous polyethylene terephthalate market is segmented as follows:

By Application

By End Use Industry

  • Food and beverages
  • Automotive
  • Pharmaceutical
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

 

 

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Amorphous Polyethylene Terephthalate Market, (2022 - 2028) (USD Million)
    • 2.2 Global Amorphous Polyethylene Terephthalate Market : snapshot
  • Chapter 3. Global Amorphous Polyethylene Terephthalate Market - Industry Analysis
    • 3.1 Amorphous Polyethylene Terephthalate Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Robust shift for sustainability likely to spur market growth
    • 3.3 Market Restraints
      • 3.3.1. High production cost to hamper market expansion
    • 3.4 Market Opportunities
      • 3.4.1. Robust demand from packaging industry to bring up growth avenues for market
    • 3.5 Market Challenges
      • 3.5.1. Fluctuations in the prices of raw material
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Application
      • 3.7.2 Market attractiveness analysis By End Use Industry
  • Chapter 4. Global Amorphous Polyethylene Terephthalate Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Amorphous Polyethylene Terephthalate Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Amorphous Polyethylene Terephthalate Market - Application Analysis
    • 5.1 Global Amorphous Polyethylene Terephthalate Market overview: By Application
      • 5.1.1 Global Amorphous Polyethylene Terephthalate Market share, By Application, 2021 and 2028
    • 5.2 Food packaging
      • 5.2.1 Global Amorphous Polyethylene Terephthalate Market by Food packaging, 2022 - 2028 (USD Million)
    • 5.3 Films and Sheets
      • 5.3.1 Global Amorphous Polyethylene Terephthalate Market by Films and Sheets, 2022 - 2028 (USD Million)
    • 5.4 Bottles
      • 5.4.1 Global Amorphous Polyethylene Terephthalate Market by Bottles, 2022 - 2028 (USD Million)
    • 5.5 Others
      • 5.5.1 Global Amorphous Polyethylene Terephthalate Market by Others, 2022 - 2028 (USD Million)
  • Chapter 6. Global Amorphous Polyethylene Terephthalate Market - End Use Industry Analysis
    • 6.1 Global Amorphous Polyethylene Terephthalate Market overview: By End Use Industry
      • 6.1.1 Global Amorphous Polyethylene Terephthalate Market share, By End Use Industry, 2021 and 2028
    • 6.2 Food and beverages
      • 6.2.1 Global Amorphous Polyethylene Terephthalate Market by Food and beverages, 2022 - 2028 (USD Million)
    • 6.3 Automotive
      • 6.3.1 Global Amorphous Polyethylene Terephthalate Market by Automotive, 2022 - 2028 (USD Million)
    • 6.4 Pharmaceutical
      • 6.4.1 Global Amorphous Polyethylene Terephthalate Market by Pharmaceutical, 2022 - 2028 (USD Million)
    • 6.5 Others
      • 6.5.1 Global Amorphous Polyethylene Terephthalate Market by Others, 2022 - 2028 (USD Million)
  • Chapter 7. Amorphous Polyethylene Terephthalate Market - Regional Analysis
    • 7.1 Global Amorphous Polyethylene Terephthalate Market Regional Overview
    • 7.2 Global Amorphous Polyethylene Terephthalate Market Share, by Region, 2021 & 2028 (USD Million)
    • 7.3. North America
      • 7.3.1 North America Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)
        • 7.3.1.1 North America Amorphous Polyethylene Terephthalate Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 North America Amorphous Polyethylene Terephthalate Market, by Application, 2022 - 2028
      • 7.4.1 North America Amorphous Polyethylene Terephthalate Market, by Application, 2022 - 2028 (USD Million)
    • 7.5 North America Amorphous Polyethylene Terephthalate Market, by End Use Industry, 2022 - 2028
      • 7.5.1 North America Amorphous Polyethylene Terephthalate Market, by End Use Industry, 2022 - 2028 (USD Million)
    • 7.4. Europe
      • 7.4.2 Europe Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)
        • 7.4.2.1 Europe Amorphous Polyethylene Terephthalate Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 Europe Amorphous Polyethylene Terephthalate Market, by Application, 2022 - 2028
      • 7.4.1 Europe Amorphous Polyethylene Terephthalate Market, by Application, 2022 - 2028 (USD Million)
    • 7.5 Europe Amorphous Polyethylene Terephthalate Market, by End Use Industry, 2022 - 2028
      • 7.5.1 Europe Amorphous Polyethylene Terephthalate Market, by End Use Industry, 2022 - 2028 (USD Million)
    • 7.5. Asia Pacific
      • 7.5.3 Asia Pacific Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)
        • 7.5.3.1 Asia Pacific Amorphous Polyethylene Terephthalate Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 Asia Pacific Amorphous Polyethylene Terephthalate Market, by Application, 2022 - 2028
      • 7.4.1 Asia Pacific Amorphous Polyethylene Terephthalate Market, by Application, 2022 - 2028 (USD Million)
    • 7.5 Asia Pacific Amorphous Polyethylene Terephthalate Market, by End Use Industry, 2022 - 2028
      • 7.5.1 Asia Pacific Amorphous Polyethylene Terephthalate Market, by End Use Industry, 2022 - 2028 (USD Million)
    • 7.6. Latin America
      • 7.6.4 Latin America Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)
        • 7.6.4.1 Latin America Amorphous Polyethylene Terephthalate Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 Latin America Amorphous Polyethylene Terephthalate Market, by Application, 2022 - 2028
      • 7.4.1 Latin America Amorphous Polyethylene Terephthalate Market, by Application, 2022 - 2028 (USD Million)
    • 7.5 Latin America Amorphous Polyethylene Terephthalate Market, by End Use Industry, 2022 - 2028
      • 7.5.1 Latin America Amorphous Polyethylene Terephthalate Market, by End Use Industry, 2022 - 2028 (USD Million)
    • 7.7. The Middle-East and Africa
      • 7.7.5 The Middle-East and Africa Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)
        • 7.7.5.1 The Middle-East and Africa Amorphous Polyethylene Terephthalate Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 The Middle-East and Africa Amorphous Polyethylene Terephthalate Market, by Application, 2022 - 2028
      • 7.4.1 The Middle-East and Africa Amorphous Polyethylene Terephthalate Market, by Application, 2022 - 2028 (USD Million)
    • 7.5 The Middle-East and Africa Amorphous Polyethylene Terephthalate Market, by End Use Industry, 2022 - 2028
      • 7.5.1 The Middle-East and Africa Amorphous Polyethylene Terephthalate Market, by End Use Industry, 2022 - 2028 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1 JBF Industries Ltd.
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Reliance Industries Limited
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Quadrant AG
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Novapet S.A.
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Plastiverd
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Polisan Holding
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 Octal
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 Shahid Tondgooyan Petrochemical Company
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Indorama Ventures Public Company Limited (Thailand)
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Jiangsu Sanfangxiang Group Co. Ltd.
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 PolyQuest
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
    • 8.12 Evergreen Plastics Inc.
      • 8.12.1 Overview
      • 8.12.2 Financials
      • 8.12.3 Product Portfolio
      • 8.12.4 Business Strategy
      • 8.12.5 Recent Developments
    • 8.13 Phoenix Technologies
      • 8.13.1 Overview
      • 8.13.2 Financials
      • 8.13.3 Product Portfolio
      • 8.13.4 Business Strategy
      • 8.13.5 Recent Developments
    • 8.14 Libolon
      • 8.14.1 Overview
      • 8.14.2 Financials
      • 8.14.3 Product Portfolio
      • 8.14.4 Business Strategy
      • 8.14.5 Recent Developments
    • 8.15 Biffa and DAK Americas.
      • 8.15.1 Overview
      • 8.15.2 Financials
      • 8.15.3 Product Portfolio
      • 8.15.4 Business Strategy
      • 8.15.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Amorphous Polyethylene Terephthalate Market attractiveness, By Application
  • 6. Global Amorphous Polyethylene Terephthalate Market attractiveness, By End Use Industry
  • 7. Global Amorphous Polyethylene Terephthalate Market share by Application, 2022 and 2028 (USD Million)
  • 8. Global Amorphous Polyethylene Terephthalate Market by Food packaging, 2022 - 2028 (USD Million)
  • 9. Global Amorphous Polyethylene Terephthalate Market by Films and Sheets, 2022 - 2028 (USD Million)
  • 10. Global Amorphous Polyethylene Terephthalate Market by Bottles, 2022 - 2028 (USD Million)
  • 11. Global Amorphous Polyethylene Terephthalate Market by Others, 2022 - 2028 (USD Million)
  • 12. Global Amorphous Polyethylene Terephthalate Market share by End Use Industry, 2022 and 2028 (USD Million)
  • 13. Global Amorphous Polyethylene Terephthalate Market by Food and beverages, 2022 - 2028 (USD Million)
  • 14. Global Amorphous Polyethylene Terephthalate Market by Automotive, 2022 - 2028 (USD Million)
  • 15. Global Amorphous Polyethylene Terephthalate Market by Pharmaceutical, 2022 - 2028 (USD Million)
  • 16. Global Amorphous Polyethylene Terephthalate Market by Others, 2022 - 2028 (USD Million)
  • 17. Global Amorphous Polyethylene Terephthalate Market share, by Region, 2022 and 2028
  • 18. North America Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)
  • 19. Europe Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)
  • 20. Asia Pacific Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)
  • 21. Latin America Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)
  • 22. The Middle-East and Africa Amorphous Polyethylene Terephthalate Market, 2022 - 2028 (USD Million)

Table Of Tables

  • 1. Global Amorphous Polyethylene Terephthalate Market: Snapshot
  • 2. Drivers of the Amorphous Polyethylene Terephthalate Market: impact analysis
  • 3. North America Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 4. North America Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 5. U.S. Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 6. U.S. Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 7. Canada Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 8. Canada Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 9. Europe Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 10. Europe Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 11. Germany Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 12. Germany Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 13. France Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 14. France Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 15. U.K. Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 16. U.K. Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 17. Italy Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 18. Italy Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 19. Spain Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 20. Spain Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 21. Rest of Europe Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 22. Rest of Europe Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 23. Asia Pacific Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 24. Asia Pacific Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 25. China Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 26. China Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 27. Japan Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 28. Japan Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 29. India Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 30. India Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 31. South Korea Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 32. South Korea Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 33. South-East Asia Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 34. South-East Asia Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 35. Rest of Asia Pacific Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 36. Rest of Asia Pacific Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 37. Latin America Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 38. Latin America Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 39. Brazil Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 40. Brazil Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 41. Mexico Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 42. Mexico Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 43. Rest of Latin America Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 44. Rest of Latin America Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 45. The Middle-East and Africa Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 46. The Middle-East and Africa Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 47. GCC Countries Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 48. GCC Countries Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 49. South Africa Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 50. South Africa Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)
  • 51. Rest of Middle-East Africa Amorphous Polyethylene Terephthalate Market revenue, By Application, 2022 - 2028 (USD Million)
  • 52. Rest of Middle-East Africa Amorphous Polyethylene Terephthalate Market revenue, By End Use Industry, 2022 - 2028 (USD Million)

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Government initiatives on growing plastic waste and support for amorphous PET-based plastic have enhanced the performance of the amorphous PET market. Furthermore, the growing young population across the globe, increase in the demand for various clothing, and rise in fashion consciousness among people have led them to opt for moisture barriers based on amorphous PET which is used as a fiber for making various types of clothes.

The global amorphous polyethylene terephthalate market size was worth around USD 38.5 billion in 2021 and is predicted to grow to around USD 59.5 billion by 2028 with a compound annual growth rate (CAGR) of roughly 8.5% between 2022 and 2028.

The global amorphous polyethylene terephthalate market growth is expected to be driven by Asia-Pacific. It is currently the world’s highest revenue-generating market owing to the presence of key players in China and India.

JBF Industries Ltd. Reliance Industries Limited, Quadrant AG, Novapet S.A., Plastiverd, Polisan Holding, Octal, Shahid Tondgooyan Petrochemical Company, Indorama Ventures Public Company Limited (Thailand), Jiangsu Sanfangxiang Group Co., Ltd., PolyQuest, Evergreen Plastics, Inc., Phoenix Technologies, Libolon, Biffa and DAK Americas.

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