The China Polyethylene Terephthalate (PET) Solid-State Resins market size was valued at US$ 3.12 billion in 2024 and is projected to reach US$ 4.35 billion by 2030, at a CAGR of 5.7% during the forecast period 2024-2030.
PET Solid-State Resins are high-molecular-weight PET polymers produced through solid-state polymerization, offering enhanced mechanical properties, thermal stability, and low acetaldehyde content, ideal for food and beverage packaging applications.
China's PET Solid-State Resins market is growing steadily, driven by increasing demand for high-quality PET packaging in food, beverage, and personal care industries. In 2023, China produced approximately 4.8 million metric tons of PET solid-state resins, with 85% consumed domestically and 15% exported. The beverage bottle sector remains the largest consumer, accounting for 75% of demand, followed by food packaging at 15% and personal care products at 10%. The market benefited from the rapid growth of premium bottled water and functional beverage segments, which led to a 20% increase in demand for high-clarity PET resins in 2023. Technological advancements have focused on improving process efficiency and product quality, with new solid-state polymerization techniques reducing energy consumption by 25% while achieving 15% higher intrinsic viscosity compared to 2020 standards. The market is seeing strong growth in barrier-enhanced PET resins, increasing at 10% annually, driven by demands for extended shelf life in sensitive product packaging. In 2023, new food safety regulations led to a 30% increase in the use of low-acetaldehyde PET resins in infant formula packaging. The industry faces challenges from overcapacity and price pressure, but the shift towards more specialized and high-performance grades is helping manufacturers maintain profitability. Emerging applications in hot-fill and aseptic packaging are showing promise, with heat-resistant PET grades growing at 15% CAGR, albeit from a small base of 5% market share. Looking ahead, the market is expected to benefit from innovations in lightweighting technologies, with ultra-thin wall PET containers projected to grow at 12% CAGR through 2030.
This report contains market size and forecasts of Polyethylene Terephthalate (PET) Solid-State Resins in China, including the following market information:
• China Polyethylene Terephthalate (PET) Solid-State Resins Market Revenue, 2019-2024, 2024-2030, ($ millions)
• China Polyethylene Terephthalate (PET) Solid-State Resins Market Sales, 2019-2024, 2024-2030,
• China Top five Polyethylene Terephthalate (PET) Solid-State Resins companies in 2023 (%)
Report Includes
This report presents an overview of China market for Polyethylene Terephthalate (PET) Solid-State Resins , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report focuses on the Polyethylene Terephthalate (PET) Solid-State Resins sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Polyethylene Terephthalate (PET) Solid-State Resins market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.
This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.
• Conventional PET
• Modified PET
• Beverage Containers
• Food Containers
• Cosmetic and Pharmaceutical
• Others
Key Companies covered in this report:
• Far Eastern New Century Corporation
• Indorama Ventures Public Company Limited
• Jiangsu Sanfangxiang Group
• Sinopec Yizheng Chemical Fibre Company Limited
• Zhejiang Hengyi Petrochemicals Co., Ltd.
• SABIC (China) Research & Development Co., Ltd.
• Zhuhai Wankai New Materials Co., Ltd.
• Dak Americas LLC
• Nan Ya Plastics Corporation
• Octal
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Polyethylene Terephthalate (PET) Solid-State Resins revenues in Chinan market, 2019-2024 (Estimated), ($ millions)
• Key companies Polyethylene Terephthalate (PET) Solid-State Resins revenues share in Chinan market, 2023 (%)
• Key companies Polyethylene Terephthalate (PET) Solid-State Resins sales in Chinan market, 2019-2024 (Estimated),
• Key companies Polyethylene Terephthalate (PET) Solid-State Resins sales share in Chinan market, 2023 (%)
Key Indicators Analysed
• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Polyethylene Terephthalate (PET) Solid-State Resins Market
• Overview of the regional outlook of the Polyethylene Terephthalate (PET) Solid-State Resins Market
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
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• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
We offer additional regional and global reports that are similar:
• Global Polyethylene Terephthalate (PET) Solid-State Resins Market
• United States Polyethylene Terephthalate (PET) Solid-State Resins Market
• Japan Polyethylene Terephthalate (PET) Solid-State Resins Market
• Germany Polyethylene Terephthalate (PET) Solid-State Resins Market
• South Korea Polyethylene Terephthalate (PET) Solid-State Resins Market
• Indonesia Polyethylene Terephthalate (PET) Solid-State Resins Market
• Brazil Polyethylene Terephthalate (PET) Solid-State Resins Market
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1.1 Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
1.2.1 Chinan Polyethylene Terephthalate (PET) Solid-State Resins Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Conventional PET
1.2.3 Modified PET
1.3.1 China Polyethylene Terephthalate (PET) Solid-State Resins Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Beverage Containers
1.3.3 Food Containers
1.3.4 Cosmetic and Pharmaceutical
1.3.5 Others
1.4 China Polyethylene Terephthalate (PET) Solid-State Resins Sales Estimates and Forecasts 2019-2030
1.5 China Polyethylene Terephthalate (PET) Solid-State Resins Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered
2.1 China Polyethylene Terephthalate (PET) Solid-State Resins Sales by Manufacturers
2.1.1 China Polyethylene Terephthalate (PET) Solid-State Resins Sales by Manufacturers (2019-2024)
2.1.2 China Polyethylene Terephthalate (PET) Solid-State Resins Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of Polyethylene Terephthalate (PET) Solid-State Resins in 2023 in China
2.2 China Polyethylene Terephthalate (PET) Solid-State Resins Revenue by Manufacturers
2.2.1 China Polyethylene Terephthalate (PET) Solid-State Resins Revenue by Manufacturers (2019-2024)
2.2.2 China Polyethylene Terephthalate (PET) Solid-State Resins Revenue Market Share by Manufacturers (2019-2024)
2.2.3 China Top Companies by Polyethylene Terephthalate (PET) Solid-State Resins Revenue in 2023
2.3 China Polyethylene Terephthalate (PET) Solid-State Resins Sales Price by Manufacturers (2019-2024)
2.4 Analysis of Competitive Landscape
2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)
2.4.2 China Polyethylene Terephthalate (PET) Solid-State Resins by Company Type (Tier 1, Tier 2, and Tier 3)
2.4.3 China Polyethylene Terephthalate (PET) Solid-State Resins Manufacturers Geographical Distribution
2.5 Mergers & Acquisitions, Expansion Plans
3.1 Polyethylene Terephthalate (PET) Solid-State Resins Market Size by Region: 2019-2030
3.1.1 China Polyethylene Terephthalate (PET) Solid-State Resins Sales by Region: 2019-2024
3.1.2 China Polyethylene Terephthalate (PET) Solid-State Resins Sales Forecast by Region (2025-2030)
3.1.3 China Polyethylene Terephthalate (PET) Solid-State Resins Revenue by Region: 2019-2024
3.1.4 China Polyethylene Terephthalate (PET) Solid-State Resins Revenue Forecast by Region (2025-2030)
4.1 China Polyethylene Terephthalate (PET) Solid-State Resins Sales by Type
4.1.1 China Polyethylene Terephthalate (PET) Solid-State Resins Historical Sales by Type (2019-2024)
4.1.2 China Polyethylene Terephthalate (PET) Solid-State Resins Forecasted Sales by Type (2025-2030)
4.1.3 China Polyethylene Terephthalate (PET) Solid-State Resins Sales Market Share by Type (2019-2030)
4.2 China Polyethylene Terephthalate (PET) Solid-State Resins Revenue by Type
4.2.1 China Polyethylene Terephthalate (PET) Solid-State Resins Historical Revenue by Type (2019-2024)
4.2.2 China Polyethylene Terephthalate (PET) Solid-State Resins Forecasted Revenue by Type (2025-2030)
4.2.3 China Polyethylene Terephthalate (PET) Solid-State Resins Revenue Market Share by Type (2019-2030)
4.3 China Polyethylene Terephthalate (PET) Solid-State Resins Price by Type
4.3.1 China Polyethylene Terephthalate (PET) Solid-State Resins Price by Type (2019-2024)
4.3.2 China Polyethylene Terephthalate (PET) Solid-State Resins Price Forecast by Type (2025-2030)
5.1 China Polyethylene Terephthalate (PET) Solid-State Resins Sales by Application
5.1.1 China Polyethylene Terephthalate (PET) Solid-State Resins Historical Sales by Application (2019-2024)
5.1.2 China Polyethylene Terephthalate (PET) Solid-State Resins Forecasted Sales by Application (2025-2030)
5.1.3 China Polyethylene Terephthalate (PET) Solid-State Resins Sales Market Share by Application (2019-2030)
5.2 China Polyethylene Terephthalate (PET) Solid-State Resins Revenue by Application
5.2.1 China Polyethylene Terephthalate (PET) Solid-State Resins Historical Revenue by Application (2019-2024)
5.2.2 China Polyethylene Terephthalate (PET) Solid-State Resins Forecasted Revenue by Application (2025-2030)
5.2.3 China Polyethylene Terephthalate (PET) Solid-State Resins Revenue Market Share by Application (2019-2030)
5.3 China Polyethylene Terephthalate (PET) Solid-State Resins Price by Application
5.3.1 China Polyethylene Terephthalate (PET) Solid-State Resins Price by Application (2019-2024)
5.3.2 China Polyethylene Terephthalate (PET) Solid-State Resins Price Forecast by Application (2025-2030)
6.1 Far Eastern New Century Corporation
6.1.1 Far Eastern New Century Corporation Corporation Information
6.1.2 Far Eastern New Century Corporation Overview
6.1.3 Far Eastern New Century Corporation in China: Polyethylene Terephthalate (PET) Solid-State Resins Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 Far Eastern New Century Corporation Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
6.1.5 Far Eastern New Century Corporation Recent Developments
6.2 Indorama Ventures Public Company Limited
6.2.1 Indorama Ventures Public Company Limited Corporation Information
6.2.2 Indorama Ventures Public Company Limited Overview
6.2.3 Indorama Ventures Public Company Limited in China: Polyethylene Terephthalate (PET) Solid-State Resins Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 Indorama Ventures Public Company Limited Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
6.2.5 Indorama Ventures Public Company Limited Recent Developments
6.3 Jiangsu Sanfangxiang Group
6.3.1 Jiangsu Sanfangxiang Group Corporation Information
6.3.2 Jiangsu Sanfangxiang Group Overview
6.3.3 Jiangsu Sanfangxiang Group in China: Polyethylene Terephthalate (PET) Solid-State Resins Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 Jiangsu Sanfangxiang Group Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
6.3.5 Jiangsu Sanfangxiang Group Recent Developments
6.4 Sinopec Yizheng Chemical Fibre Company Limited
6.4.1 Sinopec Yizheng Chemical Fibre Company Limited Corporation Information
6.4.2 Sinopec Yizheng Chemical Fibre Company Limited Overview
6.4.3 Sinopec Yizheng Chemical Fibre Company Limited in China: Polyethylene Terephthalate (PET) Solid-State Resins Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 Sinopec Yizheng Chemical Fibre Company Limited Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
6.4.5 Sinopec Yizheng Chemical Fibre Company Limited Recent Developments
6.5 Zhejiang Hengyi Petrochemicals Co., Ltd.
6.5.1 Zhejiang Hengyi Petrochemicals Co., Ltd. Corporation Information
6.5.2 Zhejiang Hengyi Petrochemicals Co., Ltd. Overview
6.5.3 Zhejiang Hengyi Petrochemicals Co., Ltd. in China: Polyethylene Terephthalate (PET) Solid-State Resins Sales, Price, Revenue and Gross Margin (2019-2024)
6.5.4 Zhejiang Hengyi Petrochemicals Co., Ltd. Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
6.5.5 Zhejiang Hengyi Petrochemicals Co., Ltd. Recent Developments
6.6 SABIC (China) Research & Development Co., Ltd.
6.6.1 SABIC (China) Research & Development Co., Ltd. Corporation Information
6.6.2 SABIC (China) Research & Development Co., Ltd. Overview
6.6.3 SABIC (China) Research & Development Co., Ltd. in China: Polyethylene Terephthalate (PET) Solid-State Resins Sales, Price, Revenue and Gross Margin (2019-2024)
6.6.4 SABIC (China) Research & Development Co., Ltd. Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
6.6.5 SABIC (China) Research & Development Co., Ltd. Recent Developments
6.7 Zhuhai Wankai New Materials Co., Ltd.
6.7.1 Zhuhai Wankai New Materials Co., Ltd. Corporation Information
6.7.2 Zhuhai Wankai New Materials Co., Ltd. Overview
6.7.3 Zhuhai Wankai New Materials Co., Ltd. in China: Polyethylene Terephthalate (PET) Solid-State Resins Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Zhuhai Wankai New Materials Co., Ltd. Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
6.7.5 Zhuhai Wankai New Materials Co., Ltd. Recent Developments
6.8 Dak Americas LLC
6.8.1 Dak Americas LLC Corporation Information
6.8.2 Dak Americas LLC Overview
6.8.3 Dak Americas LLC in China: Polyethylene Terephthalate (PET) Solid-State Resins Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 Dak Americas LLC Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
6.8.5 Dak Americas LLC Recent Developments
6.9 Nan Ya Plastics Corporation
6.9.1 Nan Ya Plastics Corporation Corporation Information
6.9.2 Nan Ya Plastics Corporation Overview
6.9.3 Nan Ya Plastics Corporation in China: Polyethylene Terephthalate (PET) Solid-State Resins Sales, Price, Revenue and Gross Margin (2019-2024)
6.9.4Nan Ya Plastics Corporation Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
6.9.5 Nan Ya Plastics Corporation Recent Developments
6.10 Octal
6.10.1 Octal Corporation Information
6.10.2 Octal Overview
6.10.3 Octal in China: Polyethylene Terephthalate (PET) Solid-State Resins Sales, Price, Revenue and Gross Margin (2019-2024)
6.10.4 Octal Polyethylene Terephthalate (PET) Solid-State Resins Product Introduction
6.10.5 Octal Recent Developments
7.1 Polyethylene Terephthalate (PET) Solid-State Resins Industry Chain Analysis
7.2 Polyethylene Terephthalate (PET) Solid-State Resins Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Polyethylene Terephthalate (PET) Solid-State Resins Production Mode & Process
7.4 Polyethylene Terephthalate (PET) Solid-State Resins Sales and Marketing
7.4.1 Polyethylene Terephthalate (PET) Solid-State Resins Sales Channels
7.4.2 Polyethylene Terephthalate (PET) Solid-State Resins Distributors
7.5 Polyethylene Terephthalate (PET) Solid-State Resins Customers
8.1.1 Polyethylene Terephthalate (PET) Solid-State Resins Industry Trends
8.1.2 Polyethylene Terephthalate (PET) Solid-State Resins Market Drivers
8.1.3 Polyethylene Terephthalate (PET) Solid-State Resins Market Challenges
8.1.4 Polyethylene Terephthalate (PET) Solid-State Resins Market Restraints
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Frequently Asked Questions ?