Market Overview:
The global PETG plastics market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food and drink containers, medical products, 3D printing material, and others. In terms of type, the extruded grade segment is expected to lead the global PETG plastics market during the forecast period. This can be attributed to its properties such as high impact resistance and transparency.
Product Definition:
PETG is an acronym for polyethylene terephthalate glycol-modified. It is a type of thermoplastic polymer used in a wide variety of applications, including food packaging, beverage bottles, and medical devices. PETG has several advantages over other plastics: it is strong yet lightweight, shatter-resistant yet easy to recycle.
Extruded Grade:
Extruded grade is a type of polyethylene terephthalate (PETG) plastic that has been processed to create cross-sectional shapes by forcing molten polymer through a metal die. The extrusion process creates uniform products with an even thickness and reduces the possibility of product distortion or shrinkage.
The global extruded grade market size was valued at USD 1,421.9 million in 2016.
Injection Molding Grade:
Injection molding grade is a type of plastic that is produced by the injection molding process. It has several properties such as high impact strength, excellent surface finish, and good color retention which make it suitable for various industrial applications. The grades differ based on their chemical composition and different manufacturing techniques are used to produce them.
Application Insights:
Food and drink containers were the largest application segment in 2017, accounting for over 60% of the revenue share. PETG is widely used in food and beverage industry owing to several properties including high thermal resistance, chemical inertness, low gas permeability and excellent barrier to moisture. These plastics are extruded as continuous strands or fibers which are then combined into a fabric before being wound around a container's interior core. The aforementioned factors have led to its proliferation as one of the most suitable packaging materials for food products such as sauces, soups and other meal-in-a-bag products where product quality is an important factor for consumers.
Medical devices also form an integral part of the industry growth story along with 3D printing material applications that together comprise nearly 40% market share by 2030 estimated based on current trends.
Regional Analysis:
Asia Pacific dominated the global PETG plastics market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for 3D printing materials and medical products. China, India, Japan, South Korea and Taiwan are some of the major countries that are anticipated to drive regional growth over the next eight years.
North America accounted for a significant share in terms of volume as well as revenue in 2017 due to high demand from end-use industries such as food and drink containers, automotive interior components and architectural models among others.
Growth Factors:
- Increasing demand from end-use industries such as automotive, electrical and electronics, and construction
- Rising awareness about the benefits of PETG plastics over traditional materials
- Growing investments in research and development to improve the properties of PETG plastics
- Proliferation of new applications for PETG plastics in various end-use industries
- Expansion of manufacturing capacities by key players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
PETG Plastics Market Research Report
By Type
Extruded Grade, Injection Molding Grade, Blow Molding Grade
By Application
Food and Drink Containers, Medical Products, 3D Printing Material, Others
By Companies
Eastman, SK Chemical, Selenis, Jiangsu Jinghong, Liaoyang Petrochemical, Eastman
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global PETG Plastics Market Report Segments:
The global PETG Plastics market is segmented on the basis of:
Types
Extruded Grade, Injection Molding Grade, Blow Molding Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Drink Containers, Medical Products, 3D Printing Material, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eastman
- SK Chemical
- Selenis
- Jiangsu Jinghong
- Liaoyang Petrochemical
- Eastman
Highlights of The PETG Plastics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Extruded Grade
- Injection Molding Grade
- Blow Molding Grade
- By Application:
- Food and Drink Containers
- Medical Products
- 3D Printing Material
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PETG Plastics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PETG plastics are a type of plastic that is made from PET, or polyethylene terephthalate. PETG is a thermoplastic polymer that has been specifically designed to be heat-resistant and strong in the presence of chemicals. This makes it an ideal material for use in products that require high levels of durability, such as food containers and bottles.
Some of the key players operating in the petg plastics market are Eastman, SK Chemical, Selenis, Jiangsu Jinghong, Liaoyang Petrochemical, Eastman.
The petg plastics market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PETG Plastics Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 PETG Plastics Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 PETG Plastics Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the PETG Plastics Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global PETG Plastics Market Size & Forecast, 2018-2028 4.5.1 PETG Plastics Market Size and Y-o-Y Growth 4.5.2 PETG Plastics Market Absolute $ Opportunity
Chapter 5 Global PETG Plastics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PETG Plastics Market Size Forecast by Type
5.2.1 Extruded Grade
5.2.2 Injection Molding Grade
5.2.3 Blow Molding Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PETG Plastics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PETG Plastics Market Size Forecast by Applications
6.2.1 Food and Drink Containers
6.2.2 Medical Products
6.2.3 3D Printing Material
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PETG Plastics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PETG Plastics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PETG Plastics Analysis and Forecast
9.1 Introduction
9.2 North America PETG Plastics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PETG Plastics Market Size Forecast by Type
9.6.1 Extruded Grade
9.6.2 Injection Molding Grade
9.6.3 Blow Molding Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PETG Plastics Market Size Forecast by Applications
9.10.1 Food and Drink Containers
9.10.2 Medical Products
9.10.3 3D Printing Material
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PETG Plastics Analysis and Forecast
10.1 Introduction
10.2 Europe PETG Plastics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PETG Plastics Market Size Forecast by Type
10.6.1 Extruded Grade
10.6.2 Injection Molding Grade
10.6.3 Blow Molding Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PETG Plastics Market Size Forecast by Applications
10.10.1 Food and Drink Containers
10.10.2 Medical Products
10.10.3 3D Printing Material
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PETG Plastics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PETG Plastics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PETG Plastics Market Size Forecast by Type
11.6.1 Extruded Grade
11.6.2 Injection Molding Grade
11.6.3 Blow Molding Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PETG Plastics Market Size Forecast by Applications
11.10.1 Food and Drink Containers
11.10.2 Medical Products
11.10.3 3D Printing Material
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PETG Plastics Analysis and Forecast
12.1 Introduction
12.2 Latin America PETG Plastics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PETG Plastics Market Size Forecast by Type
12.6.1 Extruded Grade
12.6.2 Injection Molding Grade
12.6.3 Blow Molding Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PETG Plastics Market Size Forecast by Applications
12.10.1 Food and Drink Containers
12.10.2 Medical Products
12.10.3 3D Printing Material
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PETG Plastics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PETG Plastics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PETG Plastics Market Size Forecast by Type
13.6.1 Extruded Grade
13.6.2 Injection Molding Grade
13.6.3 Blow Molding Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PETG Plastics Market Size Forecast by Applications
13.10.1 Food and Drink Containers
13.10.2 Medical Products
13.10.3 3D Printing Material
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PETG Plastics Market: Competitive Dashboard
14.2 Global PETG Plastics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eastman
14.3.2 SK Chemical
14.3.3 Selenis
14.3.4 Jiangsu Jinghong
14.3.5 Liaoyang Petrochemical
14.3.6 Eastman