Allied Market Research

2024

Polyethylene Terephthalate-glycol Market

Polyethylene Terephthalate-Glycol Market Size, Share, Competitive Landscape and Trend Analysis Report by Shrinkage, by Process, by Application and by End User : Global Opportunity Analysis and Industry Forecast, 2023-2032

MC : Renewable, Speciality and fine chemicals

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Author's: Eswara Prasad | Eswara Prasad
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Polyethylene Terephthalate-Glycol (PETG)Market - 2027

Polyethylene terephthalate-glycol (PETG) is analtered form of polyethylene terephthalate (PET) with anadditionalglycol that prevents it from crystallization and breaking. PETG, anoil-based thermoplastic polymer, is obtained by copolymerization and esterification reaction.PETGexhibits high transparency, water & moisture barrier property, low contamination, UV, shock, heat resistance, and sterilization property. Depending upon the product thickness, PETG is available as semi-rigid and rigid types that are relatively lighter when contrasted with PET.In addition, PETG is flexible, bio-degradable, and exhibits high impact resistance making it appropriate as food packaging material.

PETG films are widely used for packaging owing to its durability and bio-degradability that is anticipated to increase the demand for global PETG market. In addition, PETG film market has a high demand for industrial activity due to its optical clarity and durability fueling the market growth. Furthermore, the PETG filmis highly recommended for medical films owing to its anti-fogging property. PETG used in medical films provide sprotection against water droplets and UV raysthat will further enhance the market growth during the forecast timeframe. However, growing usage of alternatives, such as polycarbonate with higher impact strength (30% more than PETG) and easy availability of such material is expected to hamper the market growth. Further, new product developments ,such as ESUN made PETG with high impact strength(3-10 times stronger than conventional one) is expected to penetrate new market segments creating new opportunities.

The PETG market is segmented into shrinkage, grade, application, enduser, and region. By shrinkage, the market is classified into Shrinkage < 60%, Shrinkage 60-70%, and Shrinkage > 70%. By process, the market is divided into extruded, injection molded, and blow molded. By application, the market is categorized into blister packaging, 3-D printing, thermoformed plastic clamshell, food trays,and others. By enduser, the market is divided into food &beverages, cosmetics, medical,and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).

Some of the key players operating in the global polyethylene terephthalate-glycol (PETG) marketare Eastman, SK Chemicals, Liaoyang Petrochemicals, Henan Yinjinda New Materials, PolimexSrl, Magical Film Enterprises, Allen Plastic Industries, Kevin Metpack Pvt. Ltd., Shandong Shenghe Plastic Ltd., Bilcare Pvt. Ltd., and Others

Key Benefits for Stakeholders:

  • The global polyethylene terephthalate-glycol (PETG) market size has been analyzed across four major regions

  • Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the market for strategy building

  • The report outlines the current market trends and future scenario of the market size to understand the prevailing opportunities and potential investment pockets.

  • Major countries in each region have been mapped according to their individual revenue contribution to the regional market

  • The key drivers, restraints, opportunities, andtrends along with their detailed impact analysis are elucidated in the study

  • The global polyethylene terephthalate-glycol (PETG) marketanalysis covers in-depth information of the major industry participants

Questions answered in the polyester film market research report:

  • What is the growth rate of the market during the forecast period?

  • What will be the global polyester film market size?

  • Who are the leading manufacturing companies in the polyethylene terephthalate-glycol (PETG) market?

  • How the major current trends will shape the market in the future?

  • What are the driving factors and opportunities in the market?

  • Which will be the niches at which players profiling with thorough plans, financials, and recent advancements should set a presence?

Polyethylene Terephthalate-Glycol Market Report Highlights

Aspects Details
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By Shrinkage
  • Shrinkage < 60%
  • Shrinkage 60-70%
  • Shrinkage > 70%
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By Process
  • Extruded
  • Injection Molded
  • Blow Molded
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By Application
  • Blister Packaging
  • 3-D Printing
  • Thermoformed Plastic Clamshell
  • Food Trays
  • Others
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By End User
  • Food &Beverages
  • Cosmetics
  • Medical
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Henan Yinjinda New Materials, Eastman, Kevin Metpack Pvt. Ltd., Magical Film Enterprises, SK Chemicals, PolimexSrl,, Shandong Shenghe Plastic Ltd., Bilcare Pvt. Ltd., Liaoyang Petrochemicals, Allen Plastic Industries

Key Market Players
Other Key Market Players

Jiangsu Jinghong, Liaoyang Petrochemical, Huahong Chemical Fiber, Dragon Special Resin(Xiamen)

Author Name(s) : Eswara Prasad | Eswara Prasad

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Polyethylene Terephthalate-Glycol Market

Global Opportunity Analysis and Industry Forecast, 2023-2032