DUBLIN, Dec. 01, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/w3sv2t/amorphous) has announced the addition of the "Amorphous Polyethylene Terephthalate (PET) Market - Global Forecast to 2020" report to their offering.
The global amorphous PET market is projected to reach USD 36.40 Billion by 2020, at a CAGR of 7.5% from 2015 to 2020. The bottles application segment is projected to hold the largest share in the global market in 2015, owing to increased demand of amorphous PET for the packaging of beverages.
The report covers the global market across major geographical regions, which include Asia-Pacific, Europe, North America, and RoW. The report also analyzes the global market and its trends with respect to its applications.
The growth of the packaged food industry is expected to fuel the growth of the global market in the coming years. Furthermore, the factors, such as the physical characteristics of amorphous PET including its strength and stiffness, clear appearance, lightweight, low flavor absorption, and favorable creep characteristics, along with low price, make it ideal for usage in various applications. The increased usage of amorphous PET in various applications is driving the global market.
The Asia-Pacific region accounts for more than one-third of the global demand for amorphous PET. The increased usage of amorphous PET for packaging applications across different industries, such as cosmetics, films/sheets, and food and beverages is expected to boost its demand in the emerging economies, such as India and China.
This has made the Asia-Pacific region, a global manufacturing and commercial hub for amorphous PET, where several major companies are setting up their plants to target the high-growth segments of the region. Cheap labor and easy availability of feed-stock are some of the key factors that have been attracting manufacturers to establish their manufacturing facilities in this region.
Scope of the report:
This research report categorizes the global market for amorphous PET on the basis of application and region, along with forecasting volume, value, and analyzing trends in each of the sub-markets.
Global Amorphous PET Market, By Application:
- Food Packaging
Global Amorphous PET Market, By Region:
- North America
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Market, By Application
6 Market, By Geography
7 Competitive Landscape
8 Company Profiles:
- Bayer Materialscience Ag
- Dak Americas LLC
- Eastman Chemical Company
- Far Eastern New Century Corporation
- Indorama Ventures Public Company Limited
- PETro Polymer Shargh
- PETrotemex S.A. De C.V.
- Qaudrant Ag
For more information visit http://www.researchandmarkets.com/research/w3sv2t/amorphous
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SOURCE Research and Markets