Global Amorphous Polyethylene Terephthalate Market Projected To Grow At About 6.9% CAGR During 2019–2025

As per the researchers at Zion Market Research, the global amorphous polyethylene terephthalate market is projected to be valued at about USD 32.25 billion in 2018 and is anticipated to attain about USD 47.07 billion by 2025, registering about 6.9% CAGR during the forecast period. A few of the prominent players active within the global amorphous polyethylene terephthalate market consist of Reliance Industries Ltd., Invista, Teijin Ltd., The Quadrant Group of Companies, and M&G Chemicals SA.

Rising Demand From The F&B Industry Expected To Drive The Growth Of The Global Market

The recognition and demand for the use of amorphous polyethylene terephthalate market for packaging in F&B industries are among the main factor driving the global amorphous polyethylene terephthalate market growth. Further, the rising use of amorphous polyethylene terephthalate market on account of its physical characteristics such as inertness, lightweight, high strength, and optical clarity together with the rising recognition of ready-to-eat food products, use in tablet & capsule packaging, and altering food habits & lifestyle, are also projected to drive the market growth during the forecast period. In addition, the substitution of the obsolete packaging during the years to come is also anticipated to fuel the market growth. Nevertheless, the altering environmental regulations and rules in diverse nations around the world and instability in the raw materials’ prices are expected to hamper the growth of the global amorphous polyethylene terephthalate market.

Food & Beverages Segment, By End-Use Industry, Expected To Register Maximum Growth Rate

On the basis of end-use industry, the food & beverages segment is anticipated to show the highest growth during the forecast period owing to the rising demand for containers, trays, & bottles fabricated from amorphous polyethylene terephthalate to pack beverages and food items. Further, altering the lifestyle of people and hectic agendas of the working-class around the world are also expected to drive the demand for on-the-go food products. This ultimately is resulting in the elevated need for packaging materials produced from amorphous polyethylene terephthalate, thus propelling the segmental growth.

Asia Pacific Anticipated To Form The Biggest Market For Amorphous Polyethylene Terephthalate During The Forecast Period

Regionally, the global amorphous polyethylene terephthalate market is anticipated to be ruled by the Asia Pacific registering the maximum growth rate during the forecast period. South Korea, Australia, China, and India are the major nations adding to the need for amorphous polyethylene terephthalate from this region. The enhancing economic conditions and rising population are the key reasons projected to propel the expansion of the F&B industry within the Asia Pacific region, thus boosting the development of the amorphous polyethylene terephthalate in this region.

Browse the full “Global Amorphous Polyethylene Terephthalate Market - By Application (Films/Sheets, Bottles, Food Packaging, And Others), By Additives (Impact modifiers, Stabilizers, Nucleating Agents, Chain extenders, And Others), By End-Use Industry (Pharmaceuticals, Food & Beverages, Dairy, Textiles, Automotive, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025
.” Report at https://www.zionmarketresearch.com/report/amorphous-polyethylene-terepthalate-market

The global amorphous polyethylene terephthalate market is segmented as follows:

By Application:

• Bottles
• Films/Sheets
• Food Packaging
• Others

By Additives

• Chain extenders( Pyromellitic Dianhydride, Diepoxides, Carbony Bis (1-Caprolactam), Others)
• Nucleating Agents
• Stabilizers
• Impact modifiers
• Others

By End-use Industry:

• Food & Beverages (Bottles, Containers, Others)
• Pharmaceuticals (Bottles, Containers)
• Dairy
• Automotive
• Textiles
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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