Amorphous Polyethylene Terephthalate Market Report

Market Insights

Amorphous Polyethylene Terephthalate (APET) Market is likely to witness an impressive CAGR of 7.0% during the forecast period. The prime factor that is contributing to the growth of the amorphous polyethylene terephthalate market is the rising demand from the food & beverage industry for packaging materials manufactured from amorphous polyethylene terephthalate. Besides, the increase in consumers’ purchasing power, change in lifestyle and food habits of the masses, and increase in popularity of ready-to-eat food items, globally are also likely to drive the growth of the market during the forecast period.

Segments' Analysis

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Amorphous Polyethylene Terephthalate Market Share: By Application Type

Based on the application type, the market is segmented as bottles, films/sheets, food packaging, and others. Bottles are estimated to be the fastest-growing segment of the market during the forecast period. Amorphous polyethylene terephthalate offers high malleability and inert nature, due to which its usage has been increased to manufacture bottles, which are lightweight, clear, and tough. The other major factor fueling the market growth during the forecast period is the increasing use of amorphous polyethylene terephthalate bottles for packaging carbonated soft drinks, pharmaceuticals, and energy drinks.

Amorphous Polyethylene Terephthalate Market Share: By End-Use Industry Type

Based on the end-use industry type, the amorphous polyethylene terephthalate market is segmented as food & beverages, pharmaceuticals, dairy, automotive, textiles, and others. Food & beverages is expected to be the fastest-growing segment of the market during the forecast period. There has been an increase in the demand for bottles, containers, trays, and other things manufactured from amorphous polyethylene terephthalate for packaging food products from the food & beverages industry. Moreover, change in lifestyle of the masses and busy schedule of the working class population, globally are also fueling the consumption of ready-to-eat food products, which in turn, is leading to the increase in demand for packaging materials made from APET, thereby driving the growth of the food & beverages end-use industry segment of the market.

Amorphous Polyethylene Terephthalate Market Share: By Region

In terms of regions, Asia-Pacific is expected to be the largest as well as the fastest-growing market for amorphous polyethylene terephthalate during the forecast period, with China, India, South Korea, and Australia being the major countries with lucrative growth opportunities. Factors such as growing population and improving economic conditions are driving the growth of the food & beverages industry in APAC, which is eventually fueling the growth of the amorphous polyethylene terephthalate market in the region. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

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Market Scope & Segmentation

Amorphous polyethylene terephthalate (APET) is produced by means of extrusion of polyethylene terephthalate. It is a thermoplastic sheet. APET offers remarkable properties such as clear visibility, high strength and stiffness, gloss, mechanical and thermoforming characteristics, and is extensively used for packaging food products & beverages.  

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The amorphous polyethylene terephthalate market is segmented into the following categories. 

Amorphous Polyethylene Terephthalate Market Size, Share, & Forecast, by Application Type:

• Bottles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Films/Sheets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Food Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Amorphous Polyethylene Terephthalate Market Size, Share, & Forecast, by Additives Type:

• Chain Extenders
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Additive Type Analysis: Pyromellitic Dianhydride, Diepoxides, Carbony Bis(1-Caprolactam), and Others)
• Nucleating Agents (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Stabilizers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Impact Modifiers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Amorphous Polyethylene Terephthalate Market Size, Share, & Forecast, by End-Use Industry Type:

• Food & Beverages
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (End-Use Industry Type Analysis: Bottles, Containers, and Others)
• Pharmaceuticals
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (End-Use Industry Type Analysis: Bottles and Containers)
• Dairy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Textiles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others 
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (End-Use Industry Type Analysis: Electrical & Electronics and Personal Care)

Amorphous Polyethylene Terephthalate Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the key players in the amorphous polyethylene terephthalate market are-

• Covestro AG
• DAK Americas LLC
• Far Eastern New Century
• Indorama Ventures Public Company Limited
• JBF Industries Ltd.
• Jiangsu Sanfangxiang Group Co., Ltd.
• M.G. Chemicals
• Quadrant AG
• Reliance Industries Limited
• Sinopec Yizheng Chemical Fibre Company Limited.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the application types by end-use industry type.    

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.