Market Overview:
The global polyethylene terephthalate glycol (PETG) market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the PETG market can be attributed to the increasing demand for food & beverage, cosmetic, medical and other applications. In terms of volume, the extruded grade segment is projected to lead the global PETG market during the forecast period. The blow molding grade segment is projected to grow at a higher CAGR than other segments from 2018 to 2030. North America accounted for majority of share in terms of value in 2017 and it is expected that this region will continue its dominance during the forecast period as well.
 Industry Outlook.svg)
Product Definition:
Polyethylene Terephthalate Glycol (PETG) is a clear, tough, and shatterproof thermoplastic used in the production of beverage bottles, food containers, and other consumer goods. PETG is an important component of many products because it is strong yet lightweight and resistant to shattering.
Extruded Grade:
Extruded grade is a type of polyethylene terephthalate (PETG) resin that has been processed to give it the desired shape and size. It is generally used in food packaging applications such as cups, trays, lids and clamshells among others. The growth factor for PETG market is extruded grade since it accounts for the largest share in terms of revenue generation from all other grades combined.
Injection Molding Grade:
Injection molding grade is used for manufacturing PETG products. It has a lower melting point and higher flow rate as compared to the extrusion grade. The injection molding process is widely used by companies that manufacture plastic bottles, food containers, and water bottles among others.
Application Insights:
The food and beverage application segment led the global market in 2017. The growing packaging industry on account of increasing consumerism in developing countries such as India, China, Thailand and Indonesia is expected to drive the demand for PETG over the forecast period. Moreover, favorable government regulations regarding food safety coupled with high demand from juice manufacturers are anticipated to further propel growth over the coming years.
PETG is used extensively in manufacturing water bottles owing to its properties including durability and impact resistance which make it suitable for sports activities as well as daily use. Furthermore, it can be recycled numerous times without losing its quality which makes it a sustainable material choice compared to other plastics available in the market today. These factors are likely to contribute towards increased consumption of PETG during this period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also anticipated to register a significant growth rate of 6.5% from 2018 to 2030 owing to increasing demand for consumer goods, especially in emerging economies such as China and India. In addition, rising disposable income levels are likely to fuel the product demand over this period.
The growing medical industry in Asia Pacific countries such as China and India coupled with rising healthcare expenditure by governments is projecteded responsible for driving polyethylene terephthalate glycol (PETG) market growth during the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as automotive, packaging, and construction is expected to drive the PETG market growth.
- Growing awareness about the benefits of PETG over traditional plastics is projected to fuel its demand in the near future.
- Rising investments by key players for expanding their production capacities is likely to propel the PETG market growth in the coming years.
- Stringent government regulations on use of traditional plastics are anticipated to create opportunities for PETG in various end-use industries over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyethylene Terephthalate Glycol (PETG) Market Research Report
By Type
Extruded Grade, Injection Molding Grade, Blow Molding Grade
By Application
Food & Beverage, Cosmetic, Medical, Other
By Companies
Eastman, SK Chemical, Selenis, Jiangsu Jinghong, Liaoyang Petrochemical
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Polyethylene Terephthalate Glycol (PETG) Market Report Segments:
The global Polyethylene Terephthalate Glycol (PETG) 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 & Beverage, Cosmetic, Medical, Other
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
 Market Overview.svg)
Highlights of The Polyethylene Terephthalate Glycol (PETG) 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 & Beverage
- Cosmetic
- Medical
- Other
- 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 Polyethylene Terephthalate Glycol (PETG) 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
 Market Statistics.svg)
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 is a type of plastic that is made from polyethylene terephthalate. It is often used to make bottles, food containers, and other products.
Some of the major players in the polyethylene terephthalate glycol (petg) market are Eastman, SK Chemical, Selenis, Jiangsu Jinghong, Liaoyang Petrochemical.
The polyethylene terephthalate glycol (petg) market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyethylene Terephthalate Glycol (PETG) 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. Polyethylene Terephthalate Glycol (PETG) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polyethylene Terephthalate Glycol (PETG) Market - Supply Chain
4.5. Global Polyethylene Terephthalate Glycol (PETG) Market Forecast
4.5.1. Polyethylene Terephthalate Glycol (PETG) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polyethylene Terephthalate Glycol (PETG) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polyethylene Terephthalate Glycol (PETG) Market Absolute $ Opportunity
5. Global Polyethylene Terephthalate Glycol (PETG) 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. Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Type
5.3.1. Extruded Grade
5.3.2. Injection Molding Grade
5.3.3. Blow Molding Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polyethylene Terephthalate Glycol (PETG) 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. Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Cosmetic
6.3.3. Medical
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polyethylene Terephthalate Glycol (PETG) 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. Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) 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. Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) Demand Share Forecast, 2019-2026
9. North America Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Cosmetic
9.4.3. Medical
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Type
9.7.1. Extruded Grade
9.7.2. Injection Molding Grade
9.7.3. Blow Molding Grade
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 Polyethylene Terephthalate Glycol (PETG) Demand Share Forecast, 2019-2026
10. Latin America Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Cosmetic
10.4.3. Medical
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Type
10.7.1. Extruded Grade
10.7.2. Injection Molding Grade
10.7.3. Blow Molding Grade
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 Polyethylene Terephthalate Glycol (PETG) Demand Share Forecast, 2019-2026
11. Europe Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Cosmetic
11.4.3. Medical
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polyethylene Terephthalate Glycol (PETG) Market Size and Volue Forecast by Type
11.7.1. Extruded Grade
11.7.2. Injection Molding Grade
11.7.3. Blow Molding Grade
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. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Polyethylene Terephthalate Glycol (PETG) Demand Share, 2019-2026
12. Asia Pacific Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Cosmetic
12.4.3. Medical
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Type
12.7.1. Extruded Grade
12.7.2. Injection Molding Grade
12.7.3. Blow Molding Grade
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 Polyethylene Terephthalate Glycol (PETG) Demand Share, 2019-2026
13. Middle East & Africa Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) 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 Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Cosmetic
13.4.3. Medical
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polyethylene Terephthalate Glycol (PETG) Market Size and Volume Forecast by Type
13.7.1. Extruded Grade
13.7.2. Injection Molding Grade
13.7.3. Blow Molding Grade
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 Polyethylene Terephthalate Glycol (PETG) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Polyethylene Terephthalate Glycol (PETG) Market: Market Share Analysis
14.2. Polyethylene Terephthalate Glycol (PETG) Distributors and Customers
14.3. Polyethylene Terephthalate Glycol (PETG) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eastman
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SK Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Selenis
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jiangsu Jinghong
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Liaoyang Petrochemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
