Amorphous polyethylene terephthalate’s thickness is 0.030" which is more than normal pet which is found in the thickness of 0.020". Amorphous polyethylene terephthalate (APET) is a thermoplastic sheet which is an effective and strong barrier to oxygen, nitrogen, and carbon dioxide.
- Data Bridge Market Research analyses that the amorphous polyethylene terephthalate market is expected to undergo a CAGR of 8.00% during the forecast period. This indicates that the market value, which was USD 1,728 million in 2021, would rocket up to USD 3,198.47 million by 2029. “Food and Beverages” dominates the end use segment of the amorphous polyethylene terephthalate market owing to the fact that it is increasingly used for packaging carbonated soft drinks (CSD), juices, and water.
Amorphous polyethylene terephthalate is a plastic resin which is used in a wide range of applications for its beneficial characteristics such as characteristics such as safe, lightweight, 100% recyclable, strong, safe, transparent and so on. Amorphous polyethylene terephthalate is largely used in food and beverages and pharmaceutical applications.
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Scope of the Amorphous Polyethylene Terephthalate Market Report:
The amorphous polyethylene terephthalate market is segmented on the basis of application and industry vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Films/Sheets
- Food Packaging
- Bottle Manufacturing
- Others
Based on product type, the amorphous polyethylene terephthalate market is segmented into films/sheets, food packaging, bottle manufacturing and others.
Industry vertical
- Chemical and Petrochemical
- Oil and Gas
- Energy and Power
- Pharmaceuticals
- Textiles
- Electronics and Electricals
- Automotive
- Food and Beverages
- Healthcare
- Others
The amorphous polyethylene terephthalate market has also been segmented based on the application into chemical and petrochemical, oil and gas, energy and power, pharmaceuticals, textiles, electronics and electricals, automotive, food and beverages, healthcare and others.
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Some of the major players operating in the amorphous polyethylene terephthalate market are:
- JBF Industries Ltd. (India)
- Reliance Industries Limited (India)
- SINOPEC YIZHENG CHEMICAL FIBRE LIMITED LIABILITY COMPANY (China)
- Covestro AG (Germany)
- MG Chemicals (Canada)
- Petro Polymer Shargh (Iran)
- Quadrant AG (Switzerland)
- Novapet S.A. (Spain)
- Plastiverd (Spain)
- Polisan Holding (Turkey)
- Octal (Oman)
- Shahid Tondgooyan Petrochemical Company (China)
- Indorama Ventures Public Company Limited (Thailand)
- Alpek (Mexico)
- Jiangsu Sanfangxiang Group Co., Ltd. (China)
- Far Eastern New Century Corporation (Taiwan)
- DAK Americas (US)
Amorphous Polyethylene Terephthalate Market Regional Analysis/Insights
The Amorphous Polyethylene Terephthalate market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Amorphous Polyethylene Terephthalate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Amorphous Polyethylene Terephthalate within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Amorphous Polyethylene Terephthalate market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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