Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global PET (Resin) Market by Type (Bottles, Films/Sheets), By Application (Automotive, Electrical & Electronics, Consumer Goods, Industrial, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global PET (Resin) Market by Type (Bottles, Films/Sheets), By Application (Automotive, Electrical & Electronics, Consumer Goods, Industrial, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 135105 3300 Chemical & Material 377 231 Pages 4.7 (45)

Market Overview:

The global PET (resin) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PET resin from various end-use industries, such as automotive, electrical & electronics, consumer goods, industrial and others. In terms of volume, Asia Pacific is expected to lead the global PET resin market during the forecast period.

Global PET (Resin) Industry Outlook

Product Definition:

PET (polyethylene terephthalate) is a synthetic polymer resin made from the combination of ethylene glycol and terephthalic acid. It is most commonly used to make beverage bottles, food containers, and other packaging materials.


Bottles is a material that holds the resin during the production process of PET (Polyethylene Terephthalate) and it’s also used for packaging after-use products such as bottles & jars. The growth factor in the market mainly depends on two factors, firstly, increasing demand from end-user industries such as food & beverages and secondly, technological advancements in terms of recycling.


PET, or Polyethylene Terephthalate is a polymer that is widely used for the production of bottles and containers. It has applications in food packaging as well. PET can be processed by both organic and inorganic methods; however, it prefers an organic process due to its superior properties.

Application Insights:

The automotive application segment accounted for a revenue share of 36.0% in 2017 and is expected to witness significant growth over the forecast period. Increasing demand for resin-based products in various automotive applications, such as instrument panels, body exterior parts, interior trim pieces and moldings, hoods/bonnets/tops, door panels and trunk trim is anticipated to drive the market over the forecast period.

Resins are used extensively across all consumer goods applications including electronics devices (smartphones & tablets), home appliances (washing machines & tumble dryers), furniture (sofas & chairs), kitchen appliances (refrigerators & dishwashers) and other consumer products such as sporting goods or toys among others. The increasing use of resin-based paints across all major industries has resulted in high product demand worldwide.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of the overall consumption of resins owing to high demand from various end-use industries, such as automotive, consumer goods, and industrial. China is one of the largest markets for petrochemical products globally with a share exceeding 20%. Growing population coupled with rising living standards have spurred product demand across Asia Pacific.

North America emerged as a significant regional market in 2017 due to growing product demand from end-use industries including electrical & electronics, construction & housing, and automotive. High disposable income levels among consumers are driving them towards luxury cars which requires high investment on parts including engines made up of plastics materials that are derived from PET bottles.

Growth Factors:

  • Increasing demand from end-use industries such as packaging, automotive and construction
  • Growing popularity of PET bottles for carbonated drinks and water
  • Rising demand for lightweight and durable products in automotive industry
  • Proliferation of new applications for PET resin in the medical, electronics and optical sectors
  • Development of innovative technologies that improve the quality and efficiency of PET production

Scope Of The Report

Report Attributes

Report Details

Report Title

PET (Resin) Market Research Report

By Type

Bottles, Films/Sheets

By Application

Automotive, Electrical & Electronics, Consumer Goods, Industrial, Others

By Companies

Indorama Ventures (Thailand), M&G Chemicals (Luxembourg), Jiangsu Sanfangxiang (China), Far Eastern New Century (Taiwan), Alpex (Mexico), BASF (Germany), Toray Industries (Japan), DSM (Netherlands)

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global PET (Resin) Market Report Segments:

The global PET (Resin) market is segmented on the basis of:


Bottles, Films/Sheets

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.


Automotive, Electrical & Electronics, Consumer Goods, Industrial, 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. Indorama Ventures (Thailand)
  2. M&G Chemicals (Luxembourg)
  3. Jiangsu Sanfangxiang (China)
  4. Far Eastern New Century (Taiwan)
  5. Alpex (Mexico)
  6. BASF (Germany)
  7. Toray Industries (Japan)
  8. DSM (Netherlands)

Global PET (Resin) Market Overview

Highlights of The PET (Resin) 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. Bottles
    2. Films/Sheets
  1. By Application:

    1. Automotive
    2. Electrical & Electronics
    3. Consumer Goods
    4. Industrial
    5. 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 PET (Resin) 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 PET (Resin) 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?

PET (polyethylene terephthalate) is a type of plastic that is used to make bottles, containers, and other products.

Some of the major players in the pet (resin) market are Indorama Ventures (Thailand), M&G Chemicals (Luxembourg), Jiangsu Sanfangxiang (China), Far Eastern New Century (Taiwan), Alpex (Mexico), BASF (Germany), Toray Industries (Japan), DSM (Netherlands).

The pet (resin) market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. PET (Resin) Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. PET (Resin) Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. PET (Resin) Market - Supply Chain
   4.5. Global PET (Resin) Market Forecast
      4.5.1. PET (Resin) Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. PET (Resin) Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. PET (Resin) Market Absolute $ Opportunity

5. Global PET (Resin) Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. PET (Resin) Market Size and Volume Forecast by Type
      5.3.1. Bottles
      5.3.2. Films/Sheets
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global PET (Resin) Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. PET (Resin) Market Size and Volume Forecast by Application
      6.3.1. Automotive
      6.3.2. Electrical & Electronics
      6.3.3. Consumer Goods
      6.3.4. Industrial
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global PET (Resin) Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. PET (Resin) Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global PET (Resin) Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. PET (Resin) Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global PET (Resin) Demand Share Forecast, 2019-2029

9. North America PET (Resin) Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America PET (Resin) Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America PET (Resin) Market Size and Volume Forecast by Application
      9.4.1. Automotive
      9.4.2. Electrical & Electronics
      9.4.3. Consumer Goods
      9.4.4. Industrial
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America PET (Resin) Market Size and Volume Forecast by Type
      9.7.1. Bottles
      9.7.2. Films/Sheets
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America PET (Resin) Demand Share Forecast, 2019-2029

10. Latin America PET (Resin) Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America PET (Resin) Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America PET (Resin) Market Size and Volume Forecast by Application
      10.4.1. Automotive
      10.4.2. Electrical & Electronics
      10.4.3. Consumer Goods
      10.4.4. Industrial
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America PET (Resin) Market Size and Volume Forecast by Type
      10.7.1. Bottles
      10.7.2. Films/Sheets
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America PET (Resin) Demand Share Forecast, 2019-2029

11. Europe PET (Resin) Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe PET (Resin) Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe PET (Resin) Market Size and Volume Forecast by Application
      11.4.1. Automotive
      11.4.2. Electrical & Electronics
      11.4.3. Consumer Goods
      11.4.4. Industrial
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe PET (Resin) Market Size and Volume Forecast by Type
      11.7.1. Bottles
      11.7.2. Films/Sheets
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. ByCountry
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe PET (Resin) Demand Share, 2019-2029

12. Asia Pacific PET (Resin) Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific PET (Resin) Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific PET (Resin) Market Size and Volume Forecast by Application
      12.4.1. Automotive
      12.4.2. Electrical & Electronics
      12.4.3. Consumer Goods
      12.4.4. Industrial
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific PET (Resin) Market Size and Volume Forecast by Type
      12.7.1. Bottles
      12.7.2. Films/Sheets
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific PET (Resin) Demand Share, 2019-2029

13. Middle East & Africa PET (Resin) Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa PET (Resin) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa PET (Resin) Market Size and Volume Forecast by Application
      13.4.1. Automotive
      13.4.2. Electrical & Electronics
      13.4.3. Consumer Goods
      13.4.4. Industrial
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa PET (Resin) Market Size and Volume Forecast by Type
      13.7.1. Bottles
      13.7.2. Films/Sheets
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa PET (Resin) Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global PET (Resin) Market: Market Share Analysis
   14.2. PET (Resin) Distributors and Customers
   14.3. PET (Resin) Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Indorama Ventures (Thailand) Overview Financials Developments Strategic Outlook
      14.4.2. M&G Chemicals (Luxembourg) Overview Financials Developments Strategic Outlook
      14.4.3. Jiangsu Sanfangxiang (China) Overview Financials Developments Strategic Outlook
      14.4.4. Far Eastern New Century (Taiwan) Overview Financials Developments Strategic Outlook
      14.4.5. Alpex (Mexico) Overview Financials Developments Strategic Outlook
      14.4.6. BASF (Germany) Overview Financials Developments Strategic Outlook
      14.4.7. Toray Industries (Japan) Overview Financials Developments Strategic Outlook
      14.4.8. DSM (Netherlands) Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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