100+ datasets found
  1. Global price of polyethylene terephthalate 2017-2022

    • statista.com
    • ai-chatbox.pro
    Updated Jun 23, 2025
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    Statista (2025). Global price of polyethylene terephthalate 2017-2022 [Dataset]. https://www.statista.com/statistics/1171088/price-polyethylene-terephthalate-forecast-globally/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    The global price of polyethylene terephthalate (PET) in 2022 was ******* U.S. dollars per metric ton, showing an increase from the previous year's value of ******* U.S. dollars per metric ton. PET is extensively used in the textile industry to make polyester fibers, as well as for various packaging applications like beverage bottles, food containers, and personal care products. PET market outlook This increase in the global price of PET coincides with a rise in the market value of PET worldwide, which reached ***** billion U.S. dollars in 2022, up from ***** billion U.S. dollars in 2021. The market value is projected to continue growing, reaching an estimated ***** billion U.S. dollars by 2030. This growth in market value is reflective of the increasing demand for PET, with the global market volume of PET reaching ***** million metric tons in 2022, up from ***** million metric tons in 2015. Environmental footprint of PET and bioplastic PET PET is a widely used plastic with various applications, but its production and usage come with environmental concerns. Although it is entirely recyclable, traditional PET is derived from non-renewable resources and is not biodegradable, contributing to plastic pollution and resource depletion. In response, there has been growing interest in bioplastic PET, which is made from renewable resources and is biodegradable. However, despite its potential benefits, there is a forecasted decline in the production capacity of bioplastic PET. In 2023, the production capacity stood at ***, but it is forecasted to drop to *** by 2028. While bioplastic PET is made from renewable resources and is biodegradable, it still has some environmental downsides. For instance, the production process for bioplastic PET can be energy-intensive and water-consuming, and the biodegradation process may release methane, a potent greenhouse gas. As a result, some companies are exploring even more sustainable bioplastic alternatives, such as plant-based materials like polylactic acid (PLA) or fully biodegradable plastics like polyhydroxyalkanoates (PHA).

  2. Polyethylene Terephthalate Market Analysis, Size, and Forecast 2025-2029:...

    • technavio.com
    Updated Jun 15, 2025
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    Technavio (2025). Polyethylene Terephthalate Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, and Russia), APAC (China, India, Japan, and South Korea), South America (Brazil), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/polyethylene-terephthalate-market-industry-analysis
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    Dataset updated
    Jun 15, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Canada, United States, Global
    Description

    Snapshot img

    Polyethylene Terephthalate Market Size 2025-2029

    The polyethylene terephthalate market size is forecast to increase by USD 24.77 billion at a CAGR of 8.5% between 2024 and 2029.

    The Polyethylene Terephthalate (PET) market is experiencing significant growth, driven by the increasing consumption of packaging materials. The demand for PET in the packaging sector is on the rise due to its versatility, durability, and recyclability. Furthermore, the adoption of bio-based PET products is gaining momentum as companies seek sustainable alternatives to traditional fossil fuel-derived PET. However, the market faces challenges, most notably the volatility in crude oil prices.
    Additionally, investing in research and development to improve the production efficiency and sustainability of PET could provide a competitive edge. Consumer preferences for non-biodegradable plastic packaging drive the demand for PET bottles, thermoformed packaging, and personal care products. Navigating these dynamics requires a deep understanding of market trends and the ability to adapt quickly to changing conditions. This price instability can impact the production costs of PET, making it a critical factor for manufacturers to consider in their operational planning. To capitalize on the market's opportunities, companies must stay agile and responsive to shifting consumer preferences and price fluctuations.
    

    What will be the Size of the Polyethylene Terephthalate Market during the forecast period?

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free Sample

    The Polyethylene Terephthalate (PET) market witnesses significant activity as beverage producers adopt circular economy strategies to reduce waste and minimize material losses. Government environmental policies drive the shift towards sustainable manufacturing techniques, including those used in the rail industry's resin production. The coronavirus period disrupted crude oil prices, impacting the cost structure of PET production. In marine applications, PET's lightweight and durable properties continue to gain traction. In the medical field, PET is used for medical devices, while in the industrial sector, it is employed for cable sheathing, thermal insulation products, and engineering resins. Machinery suppliers invest in fusion technology to enhance manufacturing efficiency, while R&D efforts focus on circular innovations for the furniture industry.

    Fusion technology and circular economy initiatives contribute to the production of recycled PET foam, insulation products, and flexible packaging. Woven plastic packaging remains a growing sector due to its versatility and cost-effectiveness. Technical limitations and stringent regulations pose challenges to market expansion. Despite these hurdles, the PET industry remains dynamic, with innovation and sustainability at its core.

    How is this Polyethylene Terephthalate Industry segmented?

    The polyethylene terephthalate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Product
    
      Fibers
      Resins
      Others
    
    
    Type
    
      Virgin
      Recycled
    
    
    End-user
    
      Food and beverage
      Textiles
      Healthcare
      Others
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Russia
    
    
      APAC
    
        China
        India
        Japan
        South Korea
    
    
      South America
    
        Brazil
    
    
      Rest of World (ROW)
    

    By Product Insights

    The Fibers segment is estimated to witness significant growth during the forecast period. In the dynamic polyethylene terephthalate (PET) industry, various entities play pivotal roles. Dimethyl terephthalate (DMT) serves as a crucial raw material for PET production, while plastic recycling facilitates the reuse of PET fines and rPET pellets. Purified terephthalic acid and monoethylene glycol (MEG) are essential intermediates. PET preform machines produce containers for fresh produce, household products, and insulating tapes, showcasing PET's barrier properties. Virgin plastics coexist with recycled plastics, with the latter gaining traction due to environmental concerns and stringent regulations. Crude oil prices influence the cost dynamics of the industry, as PET is derived from crude oil. The PET recycling facility plays a vital role in reducing plastic waste and producing rPET flakes.

    The rail industry uses PET for various applications, including printed designs on trains and antimicrobial property coatings for passenger safety. The mechanical properties of PET make it suitable for various applications, including beverage producers, marine applications, and industrial packaging. Technical limitations, such as material losses due to alcohol

  3. The global Polyethylene Terephthalate - PET Resin market size will be USD...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
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    Cognitive Market Research, The global Polyethylene Terephthalate - PET Resin market size will be USD 53215.5 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/polyethylene-terephthalate---pet-resin-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Polyethylene Terephthalate - PET Resin market size will be USD 53215.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.80% from 2024 to 2031.

    North America held the major market share for more than 40% of the global revenue with a market size of USD 21286.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15964.65 million.
    Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 12239.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2031.
    Latin America had a market share of more than 5% of the global revenue with a market size of USD 2660.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.
    Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1064.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.
    The PET bottle category is the fastest growing segment of the Polyethylene Terephthalate - PET Resin industry
    

    Market Dynamics of Polyethylene Terephthalate - PET Resin Market

    Key Drivers for Polyethylene Terephthalate - PET Resin Market

    PET's versatility and recyclability make it ideal for packaging to Boost Market Growth

    Polyethylene Terephthalate (PET) is highly valued for packaging due to its versatility and recyclability, which act as key drivers in its market growth. However, certain restraints also influence its adoption. PET's lightweight and durable properties make it ideal for a wide range of products, including beverages, food, personal care, and pharmaceuticals. Its transparency and ability to be moulded into various shapes enhance the brand's appeal and consumer convenience. Despite being recyclable, improper disposal of PET contributes to pollution, leading to criticism of plastics in general. This has resulted in some regions imposing bans or restrictions on single-use plastics, impacting PET demand. PET’s versatility and recyclability make it a leading choice in the packaging industry, driven by consumer demand and sustainability goals. However, environmental concerns, competition, and regulatory pressures create significant challenges. The balance between these drivers and restraints continues to shape the PET packaging market, with innovations in recycling and sustainable production playing pivotal roles in its future growth.

    PET is used in automotive components to reduce weight and improve fuel efficiency

    The use of Polyphenylene Ether (PPE) in automotive components is driven by its lightweight properties, which help reduce vehicle weight and improve fuel efficiency. As automakers face increasing demand for fuel-efficient and eco-friendly vehicles, PPE's superior thermal stability, strength, and chemical resistance make it an ideal material. Its contribution to enhancing vehicle performance and meeting stringent emission regulations ensures its dominance. Additionally, PPE supports advancements in electric vehicles, further boosting its relevance in the automotive industry.

    Restraint Factor for the Polyethylene Terephthalate - PET Resin Market

    Impacting raw material costs and production expenses

    Markets are dominated by major constraints that affect the cost of production and raw materials, which present formidable obstacles for businesses. Production costs are increased by changes in the price of raw materials, which are caused by supply chain interruptions, geopolitical unrest, and environmental laws. Businesses must modify their pricing methods as a result of these growing costs, which may lessen their ability to compete. In addition, increased expenses would discourage investment and innovation, which would hinder market expansion as a whole. Using technology to reduce risks efficiently, diversifying supply sources, and implementing cost-effective production techniques are all necessary to manage these constraints..

    Impact of Covid-19 on the Polyethylene Terephthalate - PET Resin Market

    The COVID-19 pandemic significantly impacted the Polyethylene Terephthalate (PET) Resin market. Demand surged in the packaging sector, particularly for food, beverages, and hea...

  4. Bio-based Polyethylene Terephthalate (PET) Market Research Report 2033

    • growthmarketreports.com
    csv, pdf, pptx
    Updated Jun 30, 2025
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    Growth Market Reports (2025). Bio-based Polyethylene Terephthalate (PET) Market Research Report 2033 [Dataset]. https://growthmarketreports.com/report/bio-based-polyethylene-terephthalate-market-global-industry-analysis
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    pptx, pdf, csvAvailable download formats
    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    Growth Market Reports
    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Bio-based Polyethylene Terephthalate (PET) Market Outlook



    According to our latest research, the global bio-based Polyethylene Terephthalate (PET) market size reached USD 2.47 billion in 2024, reflecting a robust expansion driven by surging demand for sustainable packaging solutions and environmental regulations. The market is expected to grow at a CAGR of 16.2% from 2025 to 2033, with the forecasted market size projected to reach USD 10.51 billion by 2033. This notable growth is primarily fueled by the increasing adoption of bio-based materials across multiple industries, especially in packaging and consumer goods, as companies and consumers alike seek to reduce their carbon footprint and reliance on fossil-based plastics.




    One of the most significant growth factors for the bio-based PET market is the mounting global emphasis on sustainability and environmental conservation. Governments and regulatory authorities across major economies are enacting stringent guidelines to curb plastic pollution and promote the use of biodegradable and bio-based plastics. This regulatory push is compelling manufacturers to shift towards eco-friendly alternatives such as bio-based PET, which offers the same performance characteristics as conventional PET but with a significantly reduced environmental impact. Furthermore, global initiatives like the United Nations Sustainable Development Goals (SDGs) are encouraging industries to adopt greener practices, which is directly contributing to the acceleration of the bio-based PET market.




    Another key driver is the increasing consumer awareness and demand for sustainable packaging, particularly in the food and beverage sector. Major beverage companies and FMCG brands are incorporating bio-based PET bottles and containers into their product lines to appeal to environmentally conscious consumers. The recyclability and lower lifecycle greenhouse gas emissions of bio-based PET are compelling features that resonate with both brands and end-users. In addition, the growing trend of circular economy models, where materials are reused and recycled, is further supporting the adoption of bio-based PET solutions. This shift not only helps companies achieve their sustainability targets but also enhances brand loyalty among eco-aware consumers.




    Technological advancements and ongoing research and development are also playing a pivotal role in the growth of the bio-based PET market. Innovations in feedstock processing, such as the development of cost-effective methods to produce bio-based monomers like bio-MEG (monoethylene glycol) and bio-PTA (purified terephthalic acid), are making bio-based PET more economically viable. As production costs decrease and scalability improves, more manufacturers are entering the market, increasing product availability and variety. Furthermore, collaborations between chemical companies, research institutions, and end-users are resulting in the commercialization of new bio-based PET products with enhanced properties, such as improved strength, barrier performance, and recyclability, broadening their application scope.




    From a regional perspective, Asia Pacific remains the dominant market for bio-based PET, supported by the presence of a large manufacturing base, rapid urbanization, and increasing investments in sustainable technologies. North America and Europe are also witnessing significant growth, driven by stringent environmental regulations and strong consumer demand for green products. Emerging economies in Latin America and the Middle East & Africa are gradually embracing bio-based PET, primarily due to rising awareness and government initiatives aimed at reducing plastic waste. The global landscape indicates a clear trend towards increased adoption of bio-based PET across all regions, albeit at varying paces depending on local regulatory frameworks and market maturity.





    Product Type Analysis



    The bio-based Polyethylene Terephthalate (PET) market is segmented by product type into monomers, polymers, and others, each playing a crucial

  5. Polyethylene Terephthalate (PET) Manufacturing Plant Project Report 2025:...

    • procurementresource.com
    Updated Apr 17, 2025
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    Procurement Resource (2025). Polyethylene Terephthalate (PET) Manufacturing Plant Project Report 2025: Costs & ROI [Dataset]. https://www.procurementresource.com/reports/polyethylene-terephthalate-pet-manufacturing-plant-project-report
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    Dataset updated
    Apr 17, 2025
    Dataset provided by
    Authors
    Procurement Resource
    License

    https://www.procurementresource.com/privacy-policyhttps://www.procurementresource.com/privacy-policy

    Time period covered
    2021 - 2025
    Area covered
    Global
    Description

    Explore the Polyethylene Terephthalate (PET) Manufacturing Plant Project Report 2025 by Procurement Resource. Stay updated on Polyethylene Terephthalate (PET) manufacturing cost analysis, procurement insights, ROI, and market evaluation.

  6. Polyethylene Terephthalate Cost

    • indexbox.io
    doc, docx, pdf, xls +1
    Updated Jul 1, 2025
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    IndexBox Inc. (2025). Polyethylene Terephthalate Cost [Dataset]. https://www.indexbox.io/search/polyethylene-terephthalate-cost/
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    doc, xlsx, pdf, xls, docxAvailable download formats
    Dataset updated
    Jul 1, 2025
    Dataset provided by
    IndexBox
    Authors
    IndexBox Inc.
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2012 - Jul 29, 2025
    Area covered
    World
    Variables measured
    Price CIF, Price FOB, Export Value, Import Price, Import Value, Export Prices, Export Volume, Import Volume
    Description

    Learn about the factors that affect the cost of polyethylene terephthalate (PET), a versatile polymer commonly used for packaging. Find out how raw material prices, production costs, market demand, and other factors impact the price of PET and its production process.

  7. D

    Polyethylene Terephthalate (PET) Market Report | Global Forecast From 2025...

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
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    Dataintelo (2025). Polyethylene Terephthalate (PET) Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/polyethylene-terephthalate-pet-market
    Explore at:
    pptx, pdf, csvAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Polyethylene Terephthalate (PET) Market Outlook



    The global Polyethylene Terephthalate (PET) market size was valued at approximately USD 39 billion in 2023 and is projected to reach a staggering USD 61 billion by 2032, registering a compound annual growth rate (CAGR) of around 5.2% during the forecast period. The robust growth of the PET market is underpinned by its versatile applications spanning across multiple industries, enhanced by its properties of durability, lightweight nature, and recyclability, which make it an attractive choice for manufacturers. The surge in demand for sustainable and eco-friendly packaging solutions is one of the primary factors driving the growth of this market, alongside the increasing consumption of bottled beverages and packaged foods globally.



    The expansion of the Polyethylene Terephthalate market is largely fueled by the evolving trends in the packaging industry, which has been significantly influenced by consumer preferences for lightweight, safe, and sustainable packaging solutions. PET's excellent barrier properties make it a preferred material for food and beverage packaging, as it helps in preserving the freshness and taste of products while being durable enough to withstand various handling processes. Moreover, the trend towards single-use packaging solutions, especially in emerging markets, is contributing to the market's growth trajectory. The rise of urbanization and the burgeoning middle-class population across the globe have further entrenched the demand for PET products, particularly in the food and beverage sector, where convenience packaging is seeing unprecedented growth.



    Another critical growth factor for the PET market is technological advancements in PET resin production and recycling technologies. Innovations in resin formulations have led to the development of high-performance PET grades that offer superior clarity and durability, catering to the diverse needs of industries such as electronics and automotive. Furthermore, advancements in recycling technologies have enhanced the recyclability of PET, making it a more sustainable option compared to other polymers. This has not only reduced the environmental impact associated with PET production but has also opened new avenues for recycled PET in various applications, including textiles and automotive components, thereby supporting market expansion.



    The global emphasis on reducing plastic waste and minimizing environmental impact has given rise to stringent regulations and policies promoting the use of recyclable and sustainable materials. PET, being entirely recyclable, fits well within these regulatory frameworks, thus bolstering its demand across end-user industries. Many companies are now focusing on increasing the use of recycled PET in their products, aligning with global sustainability goals and circular economy principles. Additionally, the economic advantages of using PET, such as lower production and transportation costs due to its lightweight nature, further augment its appeal across various sectors, driving market growth.



    PET Material Packaging plays a pivotal role in the current market dynamics, especially as industries seek sustainable and efficient packaging solutions. The inherent properties of PET, such as its lightweight nature and excellent barrier capabilities, make it an ideal candidate for a variety of packaging applications. This is particularly evident in the food and beverage industry, where PET is used extensively to ensure product safety and extend shelf life. As consumer awareness around environmental sustainability grows, PET Material Packaging is increasingly favored for its recyclability and reduced environmental footprint. This shift not only aligns with global sustainability trends but also offers businesses an opportunity to enhance their brand image by adopting eco-friendly packaging solutions.



    Product Type Analysis



    In the Polyethylene Terephthalate market, product types are primarily categorized into amorphous PET and crystalline PET, each possessing distinct properties that cater to different industrial applications. Amorphous PET is typically used in products requiring clarity and transparency, such as food containers and beverage bottles, due to its excellent optical properties. The demand for amorphous PET is significantly driven by the beverage industry, particularly in the production of sparkling water and soda bottles, where clarity and a glossy finish are paramount. This sector is expected to witness steady growth as the dem

  8. U

    U.S. Polyethylene Terephthalate (PET) Market Report

    • marketresearchforecast.com
    doc, pdf, ppt
    Updated Jun 4, 2025
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    Market Research Forecast (2025). U.S. Polyethylene Terephthalate (PET) Market Report [Dataset]. https://www.marketresearchforecast.com/reports/us-polyethylene-terephthalate-pet-market-1265
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    doc, pdf, pptAvailable download formats
    Dataset updated
    Jun 4, 2025
    Dataset authored and provided by
    Market Research Forecast
    License

    https://www.marketresearchforecast.com/privacy-policyhttps://www.marketresearchforecast.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    United States
    Variables measured
    Market Size
    Description

    The U.S. Polyethylene Terephthalate (PET) Market size was valued at USD 7.30 USD Billion in 2023 and is projected to reach USD 13.52 USD Billion by 2032, exhibiting a CAGR of 9.2 % during the forecast period. The U.S. PET market (PET) perdures private success for the sake of the diverse applicabilities of that material. PET is unique in its clarity, strength, and recyclability, offering perfect solutions for packaging goods specifically in the food and beverage industries. It is also used for bottles, food packaging, pharmaceutical containers and textiles production on a large scale. Similar to that of an amorphous polymer, PET production involves a reaction process known as polymerization, which starts with the molecules of ethylene glycol and terephthalic acid with the assistance of these polymerization processes: melt-phase and solid-phase polymerization. Able to engage as much as nearly 20 per cent of the population for paid employment and help a lot of downstream industries. The benefits of PET, specifically, are low cost, recyclability and metrics that are widely used in the manufacturing world. Recent developments include: May 2023: U.S. based leading beverage company Coca Cola initiated the “Return and Recycle” initiative in India to decrease its contribution to the overall plastic waste generation., February 2022: Indorama Ventures Public Company Limited bought 85% of an equity stake in the Czech Republic-based Polyethylene Terephthalate plastic recycler, UCY Polymers CZ s.r.o. With this stake, the company increased its production capacity for recycled PET.. Key drivers for this market are: Polyethylene Terephthalate Has Emerged as Ideal Packaging Material among Other Polymers. Potential restraints include: Threat Posed by PET to Environment to Hinder Market Growth. Notable trends are: Rising Use of Recycled Polyethylene Terephthalate Will Emerge as New Market Trend.

  9. D

    Bio based Polyethylene Terephthalate PET Market Report | Global Forecast...

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
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    Dataintelo (2025). Bio based Polyethylene Terephthalate PET Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-bio-based-polyethylene-terephthalate-pet-market
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    pdf, pptx, csvAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Bio-based Polyethylene Terephthalate (PET) Market Outlook



    The global bio-based polyethylene terephthalate (PET) market size was valued at approximately USD 3.2 billion in 2023 and is poised to reach an impressive USD 9.5 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 12.5% during the forecast period. The market's growth is underpinned by a myriad of factors, with increasing environmental concerns and a shift towards sustainable resources being at the forefront. As industries worldwide seek alternatives to traditional petroleum-based plastics, the demand for bio-based PET, which is derived from renewable resources, is witnessing substantial acceleration. This shift is largely driven by consumer awareness, regulatory directives, and advancements in technology that make production more efficient and cost-effective.



    One of the primary growth drivers for the bio-based PET market is the rising environmental awareness among consumers and corporations alike. As public consciousness about climate change and environmental degradation escalates, there is a concomitant demand for more sustainable and environmentally friendly products. This has led to a surge in demand for bio-based PET, which offers the benefits of reduced carbon emissions and a decrease in dependency on fossil fuels. Corporations are increasingly adopting sustainable practices, and switching to bio-based packaging solutions is one tangible way they can contribute to environmental conservation. Additionally, the lifecycle of bio-based PET, from production to degradation, tends to be more ecologically benign compared to its petroleum-based counterpart, thereby bolstering its appeal.



    Further propelling the market is the support from governmental and regulatory bodies worldwide. Governments are enacting stringent regulations and setting ambitious targets to reduce carbon footprints, which is accelerating the shift towards bio-based materials. Incentives and subsidies offered for the development and adoption of bio-based technologies are making it financially viable for companies to invest in this transition. Moreover, international agreements and sustainability goals, such as the Paris Agreement, emphasize the reduction of greenhouse gas emissions, encouraging industries to explore and implement renewable alternatives like bio-based PET. This regulatory environment is a significant catalyst, spurring investments and innovations in the bio-based PET sector.



    Technological advancements are also playing a crucial role in the expansion of the bio-based PET market. Innovations in biotechnology and material sciences have led to more efficient processes for producing bio-based PET, enhancing its performance characteristics and reducing associated costs. The advent of new production techniques, such as advanced fermentation technologies, has enabled the cost-effective production of bio-based PET at a commercial scale. These technological strides are not only making bio-based PET more affordable but also expanding its application range across various sectors. As research and development continue to advance, it is anticipated that bio-based PET will become increasingly competitive with its conventional counterparts, in terms of both cost and performance.



    In addition to bio-based PET, the emergence of Bio Based Glasses is gaining traction as a sustainable alternative in the eyewear industry. These glasses are crafted using materials derived from renewable sources, such as plant-based polymers, which significantly reduce the carbon footprint compared to traditional petroleum-based plastics. The adoption of Bio Based Glasses is driven by consumer demand for eco-friendly products and the eyewear industry's commitment to sustainability. As technological advancements continue to enhance the quality and durability of these materials, Bio Based Glasses are becoming increasingly popular among environmentally conscious consumers. This trend is further supported by collaborations between eyewear manufacturers and material scientists, who are working together to develop innovative solutions that combine style, comfort, and sustainability. As the market for sustainable eyewear expands, Bio Based Glasses are poised to play a pivotal role in redefining industry standards and promoting environmental responsibility.



    Regionally, the Asia Pacific is expected to dominate the bio-based PET market, driven by rapid industrialization, growing environmental awareness, and substantial investments in sustainable technologies. With burgeoning economies like China and India at the helm, the

  10. P

    Polyethylene Terephthalate (PET) Resin Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated May 1, 2025
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    Data Insights Market (2025). Polyethylene Terephthalate (PET) Resin Report [Dataset]. https://www.datainsightsmarket.com/reports/polyethylene-terephthalate-pet-resin-246179
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    pdf, ppt, docAvailable download formats
    Dataset updated
    May 1, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global Polyethylene Terephthalate (PET) resin market, valued at $118,590 million in 2025, is projected to experience steady growth, driven by increasing demand across diverse applications. The compound annual growth rate (CAGR) of 3.1% from 2025 to 2033 indicates a substantial market expansion. Key drivers include the booming apparel and textile industries, the rise of convenient single-use plastic packaging, particularly in the food and beverage sector, and the growth of the automotive and electronics industries which rely heavily on PET for its lightweight and durable properties. Further growth is fueled by ongoing innovation in PET resin technology, leading to the development of more sustainable and recyclable materials addressing environmental concerns. While potential constraints exist, such as fluctuations in raw material prices and the increasing adoption of alternative packaging materials, the overall market outlook remains positive due to the inherent versatility and cost-effectiveness of PET resin. The segmentation of the market, into applications like apparel, household textiles, and bottle packaging, and by type (PET filament, PET staple, bottle grade PET, film grade PET), highlights the multifaceted nature of the industry and creates various opportunities for market players. The geographical distribution, with significant contributions expected from regions like Asia Pacific (particularly China and India) and North America, reflects the globalized nature of the PET resin market.
    The competitive landscape is marked by the presence of both large multinational corporations and regional players, indicating a blend of established expertise and emerging innovation. Leading companies are constantly striving for efficiency improvements in production processes and expansion into new markets. Strategic partnerships, mergers and acquisitions, and significant investments in R&D are common strategies employed to maintain competitiveness. Furthermore, the shift towards sustainable and eco-friendly PET production methods, in response to increasing environmental regulations and consumer awareness, will reshape the market dynamics in the forecast period. This evolution will likely favor companies that demonstrate a commitment to sustainability, creating a niche for environmentally conscious product offerings and encouraging further innovation in recycling technologies. The continued expansion of emerging economies, particularly in Asia and Africa, presents lucrative growth opportunities for PET resin producers. As these markets develop, demand for packaging and consumer goods will rise, bolstering PET consumption across a spectrum of applications.

  11. B

    Bio-based PET Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Mar 17, 2025
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    Market Report Analytics (2025). Bio-based PET Market Report [Dataset]. https://www.marketreportanalytics.com/reports/bio-based-pet-market-8552
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    doc, pdf, pptAvailable download formats
    Dataset updated
    Mar 17, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The bio-based polyethylene terephthalate (PET) market is experiencing robust growth, driven by increasing consumer demand for sustainable and eco-friendly packaging solutions. A CAGR of 45.44% from 2019 to 2024 suggests a significant market expansion, likely fueled by stringent environmental regulations and the rising awareness of plastic pollution. This growth is further propelled by advancements in bio-based PET production technologies, making it a more cost-effective and scalable alternative to traditional petroleum-based PET. Key market segments include food and beverage packaging (representing a significant portion of the market due to high demand and established applications) and textiles, with further diversification into other applications likely in the future. Leading companies like Braskem, Danone, and Nestle are actively investing in research and development, driving innovation and expanding the market's reach. Competitive strategies are focusing on enhancing product quality, reducing production costs, and strengthening supply chains to meet the burgeoning demand. Consumer engagement is crucial, requiring transparent communication regarding the sustainability benefits and the lifecycle impact of bio-based PET. Regional analysis indicates strong growth across various regions, with North America and Europe currently holding substantial market shares. However, Asia Pacific, particularly China and India, presents significant untapped potential given their growing consumer base and manufacturing sectors. The forecast period (2025-2033) projects continued expansion, driven by factors such as technological advancements, increasing government support for sustainable initiatives, and growing consumer preference for environmentally conscious products. While challenges remain, such as high initial production costs and potential scaling limitations, the overall trajectory of the bio-based PET market remains positive, poised for continued expansion throughout the forecast period and beyond. We estimate the 2025 market size to be around $500 million based on the provided CAGR and considering typical market growth patterns in emerging sectors.

  12. R

    Polyethylene Terephthalate Market Market Research Report 2033

    • researchintelo.com
    csv, pdf, pptx
    Updated Jul 23, 2025
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    Research Intelo (2025). Polyethylene Terephthalate Market Market Research Report 2033 [Dataset]. https://researchintelo.com/report/polyethylene-terephthalate-market-market
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    pptx, csv, pdfAvailable download formats
    Dataset updated
    Jul 23, 2025
    Dataset authored and provided by
    Research Intelo
    License

    https://researchintelo.com/privacy-and-policyhttps://researchintelo.com/privacy-and-policy

    Time period covered
    2024 - 2033
    Area covered
    Global
    Description

    Polyethylene Terephthalate (PET) Market Outlook



    According to our latest research, the global Polyethylene Terephthalate (PET) market size in 2024 stands at USD 52.8 billion, reflecting robust demand across a diverse range of industries. The market is projected to grow at a CAGR of 5.7% from 2025 to 2033, reaching a forecasted value of USD 87.2 billion by 2033. The primary growth factor driving this expansion is the increasing adoption of PET in sustainable packaging solutions, particularly within the food and beverage sector, as well as its rising use in automotive and electronics applications. As per our latest analysis, the PET market is characterized by ongoing innovations in recycling technologies and a global shift toward lightweight, durable, and recyclable materials.



    The growth trajectory of the Polyethylene Terephthalate market is significantly influenced by the surging demand for eco-friendly and recyclable packaging materials. PET’s inherent properties, such as high strength-to-weight ratio, chemical resistance, and transparency, make it a preferred choice for manufacturers seeking to reduce their environmental footprint. The food and beverage industry, in particular, continues to be a major end-user, leveraging PET for the packaging of water, carbonated drinks, and ready-to-eat products. As consumer awareness regarding sustainability rises, regulatory bodies worldwide are enforcing stricter guidelines around the use of non-recyclable plastics, further propelling the adoption of PET. Companies are increasingly investing in advanced manufacturing processes to improve recyclability and lower production costs, thereby enhancing the overall market growth.



    Another crucial growth driver is the expanding application of PET in the automotive and electronics sectors, where lightweighting is a key trend. Automotive manufacturers are utilizing PET-based composites to replace heavier metal components, thereby improving fuel efficiency and reducing emissions. Similarly, the electrical and electronics industry is capitalizing on PET’s excellent insulating properties and dimensional stability to develop innovative products, such as flexible films and insulation materials. The market is also witnessing a surge in demand for PET films and sheets in the construction industry, where they are employed for insulation, vapor barriers, and protective coatings. This diversification of applications is expected to maintain strong momentum for the PET market over the forecast period.



    Technological advancements in PET recycling processes are playing a pivotal role in shaping the market landscape. Enhanced mechanical and chemical recycling methods are enabling higher recovery rates and improved quality of recycled PET (rPET), which is increasingly being used in packaging and textile applications. Leading market players are collaborating with technology providers to develop closed-loop recycling systems, aiming to achieve circularity and reduce reliance on virgin PET. The proliferation of bottle-to-bottle recycling initiatives, particularly in developed economies, is expected to drive the availability and adoption of rPET, aligning with global sustainability goals. As a result, the PET market is poised for sustained growth, supported by a robust innovation pipeline and favorable regulatory frameworks.



    From a regional perspective, Asia Pacific continues to dominate the global PET market, accounting for the largest share in both production and consumption. The region’s rapid urbanization, expanding middle-class population, and growing beverage industry are key contributors to this dominance. North America and Europe are also significant markets, driven by stringent environmental regulations and high adoption of recycled PET. Latin America and the Middle East & Africa are emerging as promising regions, supported by increasing investments in packaging and infrastructure development. The regional dynamics reflect a balanced mix of mature and emerging markets, each contributing uniquely to the global PET market’s growth trajectory.



    Product Type Analysis



    The Polyethylene Terephthalate market is segmented by product type into bottles, films & sheets, food packaging, other packaging, and others. Among these, PET bottles represent the largest segment, driven by their extensive use in the beverage industry for packaging water, soft drinks, and juices. PET bottles are favored for their lightweight nature, durability, and ability to maintain product integrity, making them ideal for mass p

  13. Polyethylene Terephthalate (PET) Resin Market Research Report 2033

    • growthmarketreports.com
    csv, pdf, pptx
    Updated Jun 30, 2025
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    Growth Market Reports (2025). Polyethylene Terephthalate (PET) Resin Market Research Report 2033 [Dataset]. https://growthmarketreports.com/report/polyethylene-terephthalate-resin-market-europe-industry-analysis
    Explore at:
    csv, pptx, pdfAvailable download formats
    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    Growth Market Reports
    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Polyethylene Terephthalate (PET) Resin Market Outlook



    According to our latest research, the global Polyethylene Terephthalate (PET) Resin market size in 2024 stands at USD 52.8 billion, with robust growth driven by the packaging and beverage industries. The market is experiencing a healthy compound annual growth rate (CAGR) of 5.7% from 2025 to 2033. By the end of 2033, the PET resin market is forecasted to reach USD 87.2 billion, as per our most recent analysis. This growth is primarily attributed to the increasing demand for lightweight, recyclable, and cost-effective packaging solutions across various end-use industries, particularly in food and beverage, consumer goods, and automotive sectors.




    The expansion of the PET resin market is significantly influenced by the surging adoption of PET bottles and containers in the global beverage industry. The shift towards sustainable and recyclable packaging materials, coupled with the growing consumption of bottled water and carbonated soft drinks, has accelerated the demand for PET resins worldwide. Additionally, the versatility of PET, which allows it to be molded into various shapes and sizes, provides a competitive edge over alternative materials such as glass and aluminum. The increasing awareness among consumers and regulatory bodies regarding environmental sustainability is further pushing manufacturers to innovate and integrate recycled PET (rPET) into their product lines, thus boosting market growth.




    Another major growth factor for the PET resin market is the rapid urbanization and changing lifestyles, particularly in emerging economies. As urban populations expand, there is a noticeable shift towards convenience-oriented packaged foods and beverages, which rely heavily on PET packaging due to its lightweight and durable nature. The proliferation of modern retail formats, including supermarkets and hypermarkets, has also contributed to the rising adoption of PET-based packaging solutions. Moreover, the food and beverage industry’s stringent hygiene and safety requirements favor PET resins because of their excellent barrier properties against moisture, gases, and chemicals, ensuring product integrity and extending shelf life.




    Technological advancements and continuous research and development activities have further propelled the growth of the PET resin market. Innovations in PET processing technologies have enabled the production of high-performance resins tailored for specialized applications such as films, sheets, and automotive components. The development of bio-based and recyclable PET variants is gaining momentum, aligning with global sustainability goals and circular economy initiatives. These advancements not only enhance the material’s properties but also address environmental concerns, making PET resins increasingly attractive to manufacturers and end-users. The collaboration between industry players and regulatory agencies to promote recycling infrastructure is also expected to spur market growth in the coming years.




    Regionally, Asia Pacific continues to dominate the PET resin market, accounting for the largest share in 2024, followed by North America and Europe. The region’s leadership is driven by its large population base, rapid industrialization, and the presence of major beverage and packaging manufacturers. China and India, in particular, are major contributors to market growth due to their expanding middle-class populations and increasing consumption of packaged goods. North America and Europe are also witnessing significant growth, supported by strong recycling initiatives and a well-established packaging industry. Meanwhile, emerging markets in Latin America and the Middle East & Africa are expected to offer lucrative opportunities, driven by rising urbanization and evolving consumer preferences.





    Product Type Analysis



    The product type</b&

  14. A

    Africa Polyethylene Terephthalate (PET) Market Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Jan 30, 2025
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    Data Insights Market (2025). Africa Polyethylene Terephthalate (PET) Market Report [Dataset]. https://www.datainsightsmarket.com/reports/africa-polyethylene-terephthalate-pet-market-18785
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    doc, ppt, pdfAvailable download formats
    Dataset updated
    Jan 30, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Africa
    Variables measured
    Market Size
    Description

    The Africa Polyethylene Terephthalate (PET) Market is projected to reach a value of USD XX million by 2033, exhibiting a CAGR of XXX% during the forecast period (2025-2033). Growth in the packaging industry, particularly for food and beverages, is a key driver of market expansion. The rising demand for PET bottles and containers due to their lightweight, durability, and cost-effectiveness is fueling market growth. Increasing urbanization and disposable incomes are also contributing to the demand for packaged goods, driving the market further. Regional analysis reveals that South Africa, Nigeria, Egypt, Kenya, and Ethiopia are significant contributors to the Africa Polyethylene Terephthalate (PET) Market. The presence of large-scale manufacturing industries, growing populations, and government initiatives to promote recycling and waste management are key growth factors in these regions. Furthermore, increasing investments in infrastructure and transportation networks are enhancing the distribution and availability of PET products, leading to market expansion. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

  15. P

    PET Resin Report

    • promarketreports.com
    doc, pdf, ppt
    Updated Mar 28, 2025
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    Pro Market Reports (2025). PET Resin Report [Dataset]. https://www.promarketreports.com/reports/pet-resin-59601
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    pdf, doc, pptAvailable download formats
    Dataset updated
    Mar 28, 2025
    Dataset authored and provided by
    Pro Market Reports
    License

    https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global PET resin market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't provided, considering a typical CAGR of around 5-7% (a reasonable estimate for this mature yet evolving market) and referencing industry reports indicating a market size in the tens of billions of dollars in recent years, a conservative estimate for the 2025 market size would place it within the range of $45-55 billion USD. This growth is fueled by several key factors: the burgeoning packaging industry's reliance on PET for its lightweight, durable, and recyclable properties; increasing adoption in the electronics and appliance sectors for its insulation and protective capabilities; and expanding utilization in the medical device industry for its biocompatibility and clarity. Furthermore, the automotive industry's growing use of PET in interior components and lightweighting initiatives contributes to market expansion. However, this growth is not without its challenges. The fluctuating prices of raw materials (primarily petroleum) pose a significant restraint, impacting production costs and profitability. Environmental concerns surrounding plastic waste and the increasing emphasis on sustainable packaging solutions also create pressure on the industry to innovate and develop more eco-friendly PET alternatives or improve recycling infrastructure. The market segmentation reveals the dominance of the packaging segment, yet the growth potential in the medical device and automotive sectors offers promising avenues for expansion. The competitive landscape is marked by a diverse range of established players and emerging regional manufacturers, leading to a dynamic market with opportunities for both innovation and consolidation. The forecast period (2025-2033) suggests continued growth, albeit potentially at a slightly moderated pace as market saturation in certain segments begins to occur, and the challenges of sustainability and raw material costs are addressed.

  16. Polyethylene Terephthalate Market

    • indexbox.io
    doc, docx, pdf, xls +1
    Updated Jul 1, 2025
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    IndexBox Inc. (2025). Polyethylene Terephthalate Market [Dataset]. https://www.indexbox.io/search/polyethylene-terephthalate-market/
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    xls, pdf, docx, doc, xlsxAvailable download formats
    Dataset updated
    Jul 1, 2025
    Dataset provided by
    IndexBox
    Authors
    IndexBox Inc.
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2012 - Jul 9, 2025
    Area covered
    World
    Variables measured
    Price CIF, Price FOB, Export Value, Import Price, Import Value, Export Prices, Export Volume, Import Volume
    Description

    Read about the global market for polyethylene terephthalate (PET) and its use in packaging materials, including its growth, challenges, and leading players. PET bottles dominate the packaging industry due to their lightweight, durability, and low production cost but face challenges due to environmental concerns over plastic waste.

  17. D

    Bio-based PET (Polyethylene Terephthalate) Market Report | Global Forecast...

    • dataintelo.com
    csv, pdf, pptx
    Updated Sep 18, 2023
    + more versions
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    Dataintelo (2023). Bio-based PET (Polyethylene Terephthalate) Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/bio-based-pet-polyethylene-terephthalate-market
    Explore at:
    pdf, pptx, csvAvailable download formats
    Dataset updated
    Sep 18, 2023
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    The global bio-based PET (polyethylene terephthalate) market is projected to expand at a substantial CAGR during the forecast period, 2020–2027. The growth of the market is attributed to increasing consumer demand for environment-friendly products.
    Polyethylene terephthalate, commonly abbreviated as PET or PET-P, is the most common thermoplastic polymer resin of the polyester family and is used in fibers for clothing, containers for liquids and foods, thermoforming for manufacturing, and in combination with glass fiber for engineering resins.
    Majority of the world's PET production is for synthetic fibers with bottle production totaling for about 30% of global demand. In the context of textile applications, PET is called by its common name, polyester, whereas the acronym PET is generally used in relation to packaging. Polyester accounts for about 18% of world polymer production and is the fourth-most-produced polymer after polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC).

    Market Trends, Drivers, Restraints, and Opportunities:

    • Increasing demand for bio-based PET for manufacturing various packaging solutions including bottles is anticipated to drive the market growth during the forecast period.
    • Growing application of the product in manufacturing bottles, packaged goods, automotive interiors, construction goods, and electronics is expected to propel the overall growth in the coming years.
    • Rising number of supporting regulations are projected to bolster the market growth during the projected timeline.
    • Growing importance of sustainable packaging is anticipated to augment the market growth in the coming years.
    • Fluctuating cost of raw materials is projected to hamper the market growth in the coming years.
    • The market growth between 2019 and 2020 has been affected due to the adverse impact of the COVID-19 pandemic and the trend is expected to continue till mid-2021.
    • Growing R&D activities by key players are estimated to generate lucrative market opportunities for the overall market growth over the forecast period.

    Scope of the Report:


    The report on the global bio-based PET (polyethylene terephthalate) market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
    AttributesDetails
    Base Year2019
    Historic Data2017–2018
    Forecast Period2020–2027
    Regional ScopeAsia Pacific, North America, Latin America, Europe, and Middle East & Africa
    Report CoverageCompany Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

  18. Plastic Bottle Manufacturing in the US - Market Research Report (2015-2030)

    • script.ibisworld.com
    Updated Jun 15, 2025
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    IBISWorld (2025). Plastic Bottle Manufacturing in the US - Market Research Report (2015-2030) [Dataset]. https://script.ibisworld.com/united-states/market-research-reports/plastic-bottle-manufacturing-industry/
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    Dataset updated
    Jun 15, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United States
    Description

    The Plastic Bottle Manufacturing industry's revenue has continued to grow over the past few years as raw material and crude oil input prices rise. Widespread cost increases are typically passed on to consumers. Consumers have steered away from sugary soft drinks in single-use plastic bottles, limiting demand from this market segment. Consumer confidence fell sharply in 2025, while consumer spending remains robust as individuals and businesses are frontloading to get ahead of tariffs. These spending patterns support demand for the restaurants, grocery, and automobile segments that are essential customers of plastic bottles. Most manufacturers are also seeking to find alternate sourcing methods or to renegotiate contracts with suppliers due to tariffs. Because industry demand is relatively inelastic, manufacturers benefit from the nondiscretionary nature of many grocery products like milk. Steady demand for the industry's products drive revenue growth at a CAGR of 3.0% over the five years through 2025, to $17.2 billion, rising 0.7% from the previous year. Domestic plastic bottle manufacturers compete with offshore production operations. Foreign manufacturers can produce at a lower per-unit cost, making it more affordable for companies to buy plastic bottle products from foreign manufacturers than domestic ones. US manufacturers must innovate or decrease per-unit production costs to remain competitive. For smaller enterprises to thrive in this industry, it is important to achieve economies of scale and scope. While the industry is mature and maintains a low concentration, major players have consolidated in order to become more competitive and gain market share. Tariffs raise the cost of both raw materials and finished plastic bottles from foreign producers, encouraging companies to source more from domestic manufacturers. As a result, US producers may see increased demand, higher sales volumes and improved pricing power in markets where local sourcing is preferred for reliability, speed or sustainability. On the other hand, US manufacturers could see tighter profit as businesses scramble to resolve supply chain setbacks. Primary customers of plastic bottles may begin in-house production if costs are passed on to them for extended periods of time, especially in areas where transportation costs are rising. Growth in the US plastic bottle manufacturing industry is expected to remain modest but steady over the next five years. However, shifting consumer preferences will continue to place downward pressure on growth. For instance, demand is gradually moving away from sugary beverages toward healthier alternatives, which often come in different packaging formats. Environmental concerns and regulations are driving more consumers to opt for reusable containers over single-use plastic bottles, especially in urban and eco-conscious markets. As consumer spending and global increases in raw material prices impact the industry, revenue will rise at a CAGR of 2.0% over the five years through 2030, to $18.8 billion.

  19. D

    Recycled Polyethylene Terephthalate (PET) Bottles Market Report | Global...

    • dataintelo.com
    csv, pdf, pptx
    Updated Dec 3, 2024
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    Dataintelo (2024). Recycled Polyethylene Terephthalate (PET) Bottles Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/recycled-polyethylene-terephthalate-global-bottles-market
    Explore at:
    pdf, pptx, csvAvailable download formats
    Dataset updated
    Dec 3, 2024
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Recycled Polyethylene Terephthalate (PET) Bottles Market Outlook



    The global recycled polyethylene terephthalate (PET) bottles market size was valued at approximately USD 10 billion in 2023 and is projected to reach USD 17.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period. The increasing emphasis on sustainability, coupled with stringent regulations against single-use plastics, drives the growth of this market. This growth trajectory is underpinned by technological advancements in recycling processes and increased consumer awareness about the environmental benefits of using recycled PET products.



    A significant growth factor propelling the recycled PET bottles market is the worldwide shift towards more sustainable and eco-friendly materials. Government regulations and policies encouraging recycling and reducing plastic waste have created an environment where recycled PET is not just a viable option but an increasingly necessary one. For instance, the European Union's directive on packaging and packaging waste sets ambitious targets for recycling, prompting manufacturers to incorporate more recycled materials into their products. This shift is not limited to Europe; similar legislative measures in North America and parts of Asia are likely to enhance the demand for recycled PET solutions. As consumers become more environmentally conscious, there is an increasing demand for products that are sustainable and have a lower carbon footprint, further driving market expansion.



    Technological advancements in recycling processes, particularly mechanical and chemical recycling, are another critical growth factor. Mechanical recycling remains the most prevalent method, owing to its cost-effectiveness and efficiency in processing large volumes of PET waste. However, chemical recycling technologies are gaining traction due to their ability to break down PET into its monomers, allowing for the production of high-quality recycled PET that can be used in food-grade applications. This method also provides an opportunity to recycle PET products that cannot be processed mechanically, thus expanding the potential supply of recycled PET material. Investments in research and development by major players to improve recycling efficiency and quality of the final product are anticipated to positively impact market growth over the forecast period.



    The increasing consumer awareness and changing preferences towards sustainable products are also pivotal in driving the recycled PET bottles market. Brands across various industries are increasingly adopting recycled PET bottles as part of their sustainability initiatives, responding to the growing consumer demand for environmentally friendly packaging. This is particularly evident in the beverage and personal care sectors, where major brands have committed to using a significant percentage of recycled PET in their packaging. This trend is further supported by collaborations between companies and recycling organizations to enhance collection and recycling rates, thereby improving the supply chain for recycled PET.



    Regionally, the Asia Pacific region is expected to dominate the recycled PET bottles market, accounting for a significant market share throughout the forecast period. The presence of several key players, coupled with increasing government initiatives to promote recycling, is driving the market in this region. Additionally, the growing urban population and increasing consumer awareness in countries like China and India contribute to the market's expansion. North America and Europe also hold substantial market shares, driven by strict regulatory frameworks and high consumer demand for sustainable products. The Middle East & Africa and Latin America, although currently smaller markets, are anticipated to witness moderate growth due to increasing investments in recycling infrastructure and rising environmental consciousness among consumers.



    Product Type Analysis



    The recycled PET bottles market is segmented by product type into clear PET bottles and colored PET bottles. Clear PET bottles represent the larger share of the market, driven by their extensive use in the beverage industry, particularly for water and carbonated drinks. The transparency of clear PET is a significant factor, as it allows consumers to view the product inside, a trait highly valued by brands and consumers. This transparency also makes it easier for clear PET to be recycled repeatedly without losing quality, thus maintaining a steady supply chain for recycled material. The demand for clear PET is further supported by its versatility and compatibility

  20. B

    Bio-Polyethylene Terephthalate Report

    • promarketreports.com
    doc, pdf, ppt
    Updated Mar 31, 2025
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    Pro Market Reports (2025). Bio-Polyethylene Terephthalate Report [Dataset]. https://www.promarketreports.com/reports/bio-polyethylene-terephthalate-65747
    Explore at:
    doc, ppt, pdfAvailable download formats
    Dataset updated
    Mar 31, 2025
    Dataset authored and provided by
    Pro Market Reports
    License

    https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global bio-polyethylene terephthalate (bio-PET) market is experiencing robust growth, driven by increasing demand for sustainable and eco-friendly packaging solutions. The market size reached $3.453 billion in 2025, demonstrating significant expansion from its historical period (2019-2024). While the exact CAGR isn't provided, considering the strong market drivers and industry trends towards bio-based materials, a conservative estimate would place the CAGR between 8% and 12% for the forecast period (2025-2033). This growth is fueled by several key factors: the rising consumer awareness of environmental issues and the resulting preference for sustainable products, stringent government regulations promoting bio-based materials, and the increasing adoption of bio-PET in various applications beyond packaging, such as textiles and automotive components. The Packaging industry currently holds the largest market share, but other sectors are rapidly emerging as significant consumers of bio-PET. Leading players like Coca-Cola, Indorama Ventures, and Novamont are driving innovation and expanding production capacity to meet this growing demand. The market segmentation reveals a diverse landscape with bio-based PET bottles dominating the product type segment, followed by fibers and films. Geographically, North America and Europe are currently leading markets, but the Asia-Pacific region shows the highest growth potential due to rapid industrialization and rising consumer spending. However, challenges remain. The higher production costs associated with bio-PET compared to conventional PET, as well as the limited availability of suitable feedstock for bio-PET production, pose some constraints. Nevertheless, ongoing research and development efforts focused on improving production efficiency and exploring alternative feedstock sources are expected to mitigate these challenges and further fuel market expansion in the coming years. The continued focus on sustainability and the development of innovative bio-PET applications will ultimately shape the trajectory of this dynamic market.

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Statista (2025). Global price of polyethylene terephthalate 2017-2022 [Dataset]. https://www.statista.com/statistics/1171088/price-polyethylene-terephthalate-forecast-globally/
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Global price of polyethylene terephthalate 2017-2022

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11 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jun 23, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
Worldwide
Description

The global price of polyethylene terephthalate (PET) in 2022 was ******* U.S. dollars per metric ton, showing an increase from the previous year's value of ******* U.S. dollars per metric ton. PET is extensively used in the textile industry to make polyester fibers, as well as for various packaging applications like beverage bottles, food containers, and personal care products. PET market outlook This increase in the global price of PET coincides with a rise in the market value of PET worldwide, which reached ***** billion U.S. dollars in 2022, up from ***** billion U.S. dollars in 2021. The market value is projected to continue growing, reaching an estimated ***** billion U.S. dollars by 2030. This growth in market value is reflective of the increasing demand for PET, with the global market volume of PET reaching ***** million metric tons in 2022, up from ***** million metric tons in 2015. Environmental footprint of PET and bioplastic PET PET is a widely used plastic with various applications, but its production and usage come with environmental concerns. Although it is entirely recyclable, traditional PET is derived from non-renewable resources and is not biodegradable, contributing to plastic pollution and resource depletion. In response, there has been growing interest in bioplastic PET, which is made from renewable resources and is biodegradable. However, despite its potential benefits, there is a forecasted decline in the production capacity of bioplastic PET. In 2023, the production capacity stood at ***, but it is forecasted to drop to *** by 2028. While bioplastic PET is made from renewable resources and is biodegradable, it still has some environmental downsides. For instance, the production process for bioplastic PET can be energy-intensive and water-consuming, and the biodegradation process may release methane, a potent greenhouse gas. As a result, some companies are exploring even more sustainable bioplastic alternatives, such as plant-based materials like polylactic acid (PLA) or fully biodegradable plastics like polyhydroxyalkanoates (PHA).

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