Last updated on April 23, 2014 at 12:30 EDT

Global Polyethylene Terephthalate (PET) Market is Expected to Reach USD 48.4 billion in 2016: Transparency Market Research

August 30, 2012

ALBANY, New York, August 30, 2012 /PRNewswire/ –

According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “Global Polyethylene Terephthalate (PET)
Value Chain Market Analysis (Ethylene, PET, PET Packaging) – Industry Analysis, Market
Size, Share, Trends, Growth And Forecast, 2010 – 2016
[http://www.transparencymarketresearch.com/pet-polyethylene-terephthalate-and-pet-packaging-market.html ]
“, the global PET market was estimated to be worth USD 23.3 billion in 2010
and is expected to reach USD 48.4 billion in 2016, growing at a CAGR of 9.6% from 2011 to
2016. In the overall global market, Asia Pacific is expected to maintain its leading
position in terms PET demand over the next five years.

Browse the full report

Demand for PET is primarily being driven by increasing application in CSD packaging as
well as rising consumption of packaged, frozen and other processed foods. Largest PET
applications include packaging of CSD and bottled water, alcoholic and hot beverages,
sheet/films and food.

The PET value chain market has been further segmented under two markets, polyethylene
terephthalate (PET) and ethylene. Over the last decade demand PET has increased
considerably due to growing demand from food and beverages industry. Ethylene market
[http://www.transparencymarketresearch.com/pet-polyethylene-terephthalate-and-pet-packaging-market.html ]
is segmented on the basis of its application as polyethylene, ethylene
oxide, and ethylene dichloride and ethyl benzene. The market for ethylene was estimated to
be worth USD 140.4 billion in 2010 and it is expected to reach USD 254.5 billion in 2016.

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Asia Pacific enjoys the largest market share of the worldwide PET and ethylene market
in 2010 and is expected to lead by 2016. Asia Pacific is also expected to be the fastest
growing market for ethylene over the next five years.

This research is specially designed to estimate and analyze the demand and performance
of PET and ethylene in global scenario. This research provides in-depth analysis of PET
and ethylene manufacturers, trend analysis by segments and demand by geography. The report
covers all the major segments of the global PET and ethylene market and provides in-depth
analysis, historical data and statistically refined forecast for the segments covered. The
study presents a comprehensive assessment of the stakeholder strategies and winning
imperatives for them by segmenting the PET and ethylene market as below:

PET by applications:

CSD and bottled water

Alcoholic and Hot beverages




Ethylene by application:


Ethylene oxide

Ethylene dichloride

Ethyl benzene


In addition the report provides a cross-sectional analysis of all the above segments
with respect to following geographical markets:

North America



Rest of the World (RoW)

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