PETG Market, Global Outlook and Forecast 2023-2032
The global PETG market was valued at US$ 1258.4 million in 2022 and is projected to reach US$ 1465.6 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 can be made by combining cyclohexane dimethanol (CHDM) with PTA and ethylene glycol, resulting in a glycol-modified polyester.
This report aims to provide a comprehensive presentation of the global market for PETG, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PETG. This report contains market size and forecasts of PETG in global, including the following market information:
- Global PETG Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global PETG Market Sales, 2018-2023, 2024-2032, (MT)
- Global top five PETG companies in 2022 (%)
Global polyethylene terephthalate glycol (PETG) main manufacturers include Eastman, SK Chemical, Selenis, Jiangsu Jinghong, Liaoyang Petrochemical, etc. The top 2 companies hold a share about 90%.South Korea is the largest market with a share over 35%, followed by North America and Europe with the share about 25% and 15%.In terms of product, extruded grade is the largest segment, with a share over 43%. And in terms of application, the largest application is food & beverage, followed by cosmetic.
We has surveyed the PETG manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global PETG Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global PETG Market Segment Percentages, by Type, 2022 (%)
- Extruded Grade PETG
- Injection Molding Grade PETG
- Blow Molding Grade ETG
Global PETG Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global PETG Market Segment Percentages, by Application, 2022 (%)
- Sheet
- Film
- Bottle/Container
- Extruded Profile
- Others
Global PETG Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global PETG Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies PETG revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies PETG revenues share in global market, 2022 (%)
- Key companies PETG sales in global market, 2018-2023 (Estimated), (MT)
- Key companies PETG sales share in global market, 2022 (%)
key players include:
- EASTMAN
- SK
- Simona
- LSB(Artenius)
- Liaoyang Petrochemical
- Plaskolite
- Mulford Plastics
Outline of Major Chapters:
Chapter 1: Introduces the definition of PETG, market overview.
Chapter 2: Global PETG market size in revenue and volume.
Chapter 3: Detailed analysis of PETG manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of PETG in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global PETG capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.