NEW YORK, March 8, 2017 /PRNewswire/ -- Polyethylene terephthalate (PET) is an amorphous glass-like material in its purest form. It converts to crystals under the influence of direct modifying additives. Crystallinity can also be developed when the polymer melt is heat treated. Being a thermoplastic recyclable polymer, PET is the number one choice for many applications; thereby, satisfying the requirement for a greener and eco-friendlier alternative to commonly used plastics such as polyethylene.
Technavio's analysts forecast the global PET market to grow at a CAGR of 7.466% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global PET market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of PET in the global market.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's™ report, Global PET Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- DuPont
- FENC
- Indorama Ventures
- Jiangsu Sanfangxiang
- M&G Chemicals
- SABIC
Other prominent vendors
- Covestro
- DAK Americas
- Quadrant
- Seda De Barcelona
- NEOGROUP
Market driver
- Increase in consumption of packaging material
- For a full, detailed list, view our report
Market challenge
- Volatility in crude oil prices
- For a full, detailed list, view our report
Market trend
- Increase in use of bio-based PET products
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p04706488-summary/view-report.html
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Read the full report: http://www.reportlinker.com/p04706488-summary/view-report.html
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