Market Size in 2019 | Market Forecast in 2026 | CAGR (in %) | Base Year |
---|---|---|---|
USD 700 Million | USD 820 Million | 2% | 2019 |
The global demand for the Polyethylene Terephthalate Glycol (PETG) Market size is expected to reach around USD 820 Million by 2026 from its current level, which is approximately USD 700 Million in 2019. From 2020 to 2026, it is estimated that the global market for PETG will expand at a CAGR of approximately 2%.
This professional and specialized report study examines the technical and business perspective of the PETG industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Polyethylene Terephthalate Glycol (PETG) Market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall Polyethylene Terephthalate Glycol (PETG) Market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Kilo Tons) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Polyethylene Terephthalate Glycol (PETG) Market in our study.
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Polyethylene Terephthalate Glycol (PETG) Market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Polyethylene Terephthalate Glycol (PETG) Market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Polyethylene Terephthalate Glycol (PETG) Market.
The research study provides a critical assessment of the PETG industry by logically segmenting the market on the basis of Type, Application, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the PETG industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Polyethylene Terephthalate Glycol (PETG) is defined as a type of thermoplastic polymer that is largely used in the manufacture of liquid bottles and containers and also in another packaging that is dust and water repellent. They are also highly preferred in medical and pharmaceutical packagings. PETG is in high demand in the food and beverage industry as the PETG filaments are considered to be food-safe and can be sterilized. The demands of the growing population and their food consumption habits across the globe can be fulfilled by the Polyethylene Terephthalate Glycol (PETG) Market in the coming years. They are also used in other fields such as manufacturing 3D printings.
The Asian Pacific region is considered to be the dominant region as the countries belonging to this region are among the top growing economies in the world with a large population moving from rural to urban areas for better lifestyle and opportunities. Also, the encouragement from the governments of these countries through their government subsidies to come up with new innovations due to the availability of better opportunities, space, and raw materials.
Global Polyethylene Terephthalate Glycol (PETG) Market Key players:
Some of the essential players operating in the Polyethylene Terephthalate Glycol (PETG) Market, but not restricted to include
By Grade Segmentation Analysis
By Application Segmentation Analysis
Global Polyethylene Terephthalate Glycol (PETG) Market: Regional Segmentation Analysis
KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:
FrequentlyAsked Questions
Polyethylene terephthalate glycol, also known as PETG, is a thermoplastic polymer resin that is frequently utilised in the process of three-dimensional printing and as a material for a wide variety of plastic containers, including water bottles. Terephthalic acid (TPA), ethylene glycol (EG), and cyclohexane dimethanol are the three monomers that make up PETG, which is a copolyester (CHDM). It is a transparent material that is robust and flexible, and it has good resistance to impact. As a result, it is appropriate for a wide variety of applications. In addition to this, it has a high rate of recycling, which makes it a good option for manufacturing and production that is kind to the environment.
Polyethylene Terephthalate Glycol (PETG) is defined as a type of thermoplastic polymer that is largely used in the manufacture of liquid bottles and containers and also in another packaging that is dust and water repellent. They are also highly preferred in medical and pharmaceutical packagings.
The global demand for the Polyethylene Terephthalate Glycol (PETG) Market size is expected to reach around USD 820 Million by 2026 from its current level, which is approximately USD 700 Million in 2019. From 2020 to 2026
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