Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global PETG Plastics Market by Type (Extruded Grade, Injection Molding Grade, Blow Molding Grade), By Application (Food and Drink Containers, Medical Products, 3D Printing Material, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global PETG Plastics Market by Type (Extruded Grade, Injection Molding Grade, Blow Molding Grade), By Application (Food and Drink Containers, Medical Products, 3D Printing Material, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 261354 4200 Chemical & Material 377 205 Pages 4.8 (40)
                                          

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.


Global PETG Plastics Industry Outlook


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:

  1. Eastman
  2. SK Chemical
  3. Selenis
  4. Jiangsu Jinghong
  5. Liaoyang Petrochemical
  6. Eastman

Global PETG Plastics Market Overview


Highlights of The PETG Plastics Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Extruded Grade
    2. Injection Molding Grade
    3. Blow Molding Grade
  1. By Application:

    1. Food and Drink Containers
    2. Medical Products
    3. 3D Printing Material
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global PETG Plastics Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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