Global Polyethylene Terephthalate Glycol Market is expected to reach 490 million USD by 2025 – QY Research

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This report studies the global Polyethylene Terephthalate Glycol (PETG) industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.

Polyethylene terephthalate glycol (PETG) is a high-impact material produced from thermoplastic co-polyester which provides remarkable clarity and light transmission with high gloss in addition to impact resistance at low temperatures. PETG is used in a variety of packaging, industrial and medical applications.

PETG is widely used to produce sheet, film, bottles containers and so on. With increasing demand from downstream industry, PETG production shows continuous upward trend in the recent few years. However, due to technology barrier, Eastman and SK Chemical are highly monopolizing the industry.

According to the manufacturing process, PETG can be mainly divided into three categories: extruded grade PETG, injection molding grade PETG and blow molding grade PETG, of which each has been widely used in certain fields. In 2017, demand from Food & Beverage field accounted for the largest consumption share, which held 37.75% market.

Eastman has three manufacturing sites to produce PETG: USA plant mainly offers PETG to North America, UK plant caters for European PETG demands while Malaysia plant offers PETG primarily for Asian region. Besides, PETG major customers of SK Chemical come from Japan, China and so on.

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The global Polyethylene Terephthalate Glycol (PETG) market is valued at 470 million USD in 2017 and is expected to reach 490 million USD by the end of 2025, growing at a CAGR of 0.3% between 2018 and 2025.

This research report categorizes the China and global Polyethylene Terephthalate Glycol (PETG) market by type, end-use industry, and region.

International Manufacturers Covered

    Eastman

    SK Chemical

    …

China Local Manufacturers Covered

    Liaoyang Petrochemical

    …

 

By Type

    Extruded Grade

    Injection Molding Grade

    Blow Molding Grade

 

By Application

    Food & Beverage

    Cosmetic

    Medical

    Other

 

By Region

    United States

    Europe

    Japan

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