Amorphous Polyethylene Terephthalate Market Scope
Amorphous polythene terephthalate is employed extensively for packaging food things & beverages. It offers high strength and stiffness, clear visibility, and low creep characteristics, that build it excellent to be used in food packaging applications. The thickness of amorphous polyethylene terephthalate is 0.030" which is more than normal PET which is found in the thickness of 0.020". It is mainly used by the food & beverages industry and pharmaceuticals.
The global market for Amorphous Polyethylene Terephthalate is fragmented by global players owing to the increasingly wide range of polymer applications in different industries for packaging, bottle manufacturing, face shield, dental packaging, and others. The rising players should invest in R&D in the development of the material for grabbing the market share.
Reliance Industries Limited (India), Indorama Ventures Public Company Limited (Thailand), Covestro AG (Germany), Far Eastern New Century Corporation (Taiwan), M&G Chemicals (Luxembourg), Jiangsu Sanfangxiang Group Co., Ltd. (China), JBF Industries Ltd. (India), Nan Ya Plastics Corporation (Taiwan), Polisan Holding (Turkey) and DAK Americas (Mexico) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are INVISTA (United States), Sinopec Yizheng Chemical Fibre Company Limited (China), PlastiVerd (Spain) and Quadrant AG (Switzerland).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Amorphous Polyethylene Terephthalate market by Type (Reground PET, Blow Molded PET and Thermoformed PET), by Application (Food and Beverages, Pharmaceuticals, Dairy Industry and Others) and Region with country level break-up.
On the basis of geography, the market of Amorphous Polyethylene Terephthalate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In 2020, Covestro acquired the Resins & Functional Materials business (RFM) from Royal DSM. This acquisition will help Covestro to strengthen its sustainable and innovation-driven businesses.
- Reinforcement of the Polymer for Wider Applications in Automotive Applications
- Rising Demand of Amorphous Polyethylene Terephthalate from Food and Beverages End-Use Industry
- Rise in Replacement of Conventional Packaging Materials by Polymer-Based Packaging Materials
- Rising Investments in Recycling Polymers
- Stringent Government Regulations Regarding Polyethylene Manufacturing and Emission
- Fluctuating Prices of Raw Materials
Key Target AudienceAmorphous Polyethylene Terephthalate Manufacturers, Supplier/Distributor, Raw Material Manufacturer, End-User Industry and Others
Frequently Asked Questions (FAQ):
1. What are the key segments playing vital role in Amorphous Polyethylene Terephthalate Market?
The Amorphous Polyethylene Terephthalate study can be customized to meet your requirements. The market size breakdown by type [Reground PET, Blow Molded PET and Thermoformed PET], by end use application [Food and Beverages, Pharmaceuticals, Dairy Industry and Others].
2. How big is the Amorphous Polyethylene Terephthalate Market?
The Amorphous Polyethylene Terephthalate Market is gaining popularity and expected to see strong valuation by 2026.
3. What is expected growth rate in Amorphous Polyethylene Terephthalate Market?
According to AMA, the Global Amorphous Polyethylene Terephthalate market is expected to see growth rate of %.