Press release
Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Global Market Report 2024Market Size, Growth And Overview Report 2024-2033
Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Global Market
As per the report, the polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market size has grown rapidly in recent years. It will grow from $44.17 billion in 2023 to $48.93 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market size is expected to see rapid growth in the next few years. It will grow to $73.47 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7727&type=smp
The Surging Demand For Pet Resins Is Shaping The Pet & Pbt Resins Market
An increase in demand for polyethylene terephthalate (PET) in the packaging sector is expected to propel the growth of the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market going forward. The packaging industry is a business that designs and manufactures packaging products. Polyethylene terephthalate (PET) contains characteristics such as clear, long-lasting, chemically inert, and lightweight, which are suitable for making polyethylene packaging products. For instance, according to the National Renewable Energy Laboratory, a US-based national laboratory, in 2021, over 82 million metric tons of polyethylene terephthalate (PET) were manufactured globally each year to make single-use beverage bottles, packaging, garments, and carpets. Therefore, the increase in demand for PET in the packaging sector drives the growth of the polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market.
Product Innovations Redefining The Pet And Pbt Resin Market
Product innovations are the key trend gaining popularity in the polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market. Major companies operating in the market are focused on introducing new innovative products with reduced carbon footprints to gain a competitive advantage. For instance, in May 2022, SABIC, a Saudi Arabia-based chemical manufacturing company, launched LNP ELCRIN WF0061BiQ PBT resin, produced from chemically upcycled ocean-bound PET bottles. This compound has the potential to reduce CO2 emissions by up to 14% and cumulative energy demand by up to 25% when compared to glass fiber. It is a potential material for consumer electronics applications such as computer fan housings, vehicle seats, electrical connectors, and enclosures.
The polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market covered in this report is segmented -
1) By Type: Transparent And Non-Transparent Pet, Recycled Pet
2) By PET Application: Bottles, Films, Food Packaging, Other PET Applications
3) By PBT Application: Electrical And Electronics, Automotive, Consumer Appliances, Other PBT Applications
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=7727&type=discount
Major companies operating in the polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market include Saudi Basic Industries Corporation, BASF SE, Indorama Ventures Limited, Mitsubishi Chemical Corporation, Toray Industries Inc., Koninklijke DSM N.V., Jiangsu Sanfangxiang Group Co.Ltd., M&G Chemicals SA, DowDuPont Inc., Nan Ya Plastics Corporation, Reliance Industries Limited, Far Eastern New Century Corporation, RTP Company Inc., Kolon Plastics Inc., Celanese Corporation, Distrupol Ltd., Indorama Ventures Limited, Alpek, Lanxess Corporation, LyondellBasell Industries N.V., Eastman Chemical Company, Formosa Plastics Group, JBF Industries Ltd., Grupo Kimex S.A. de C.V., Polyplex Corporation Ltd., Chang Chun Group, Hengli Group Co. Ltd., Wuxi Xingsheng New Material Technology Co.Ltd., China National BlueStar (Group) Co Ltd., Covestro AG, Celanese Corporation, Royal DSM N.V., DowDuPont Inc.
Contents of the report:
1. Executive Summary
2. Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Market Report Structure
3. Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Market Trends And Strategies
4. Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Market - Macro Economic Scenario
5. Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Market Size And Growth
…..
27. Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/polyethylene-terephthalate-pet-and-polybutylene-terephthalate-pbt-resins-global-market-report
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Global Market Report 2024Market Size, Growth And Overview Report 2024-2033 here
News-ID: 3612510 • Views: …
More Releases from The Business research company
Private Jet Charter Services Global Market Report 2024 - Market Size, Trends, An …
As per the report, the private jet charter services market size has grown rapidly in recent years. It will grow from $18.66 billion in 2023 to $21.24 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%. The private jet charter services market size is expected to see rapid growth in the next few years. It will grow to $35.89 billion in 2028 at a compound annual growth…
Private Aircraft Global Market Report 2024 - Market Size, Trends, And Global For …
As per the report, the private aircraft market size has grown strongly in recent years. It will grow from $26.15 billion in 2023 to $28.01 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The private aircraft market size is expected to see strong growth in the next few years. It will grow to $37.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.…
Pressure Ulcers Treatment Global Market Report 2024 - Market Size, Trends, And G …
As per the report, the pressure ulcers treatment market size has grown strongly in recent years. It will grow from $5.08 billion in 2023 to $5.38 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The pressure ulcers treatment market size is expected to see strong growth in the next few years. It will grow to $6.79 billion in 2028 at a compound annual growth rate (CAGR)…
Organoids And Spheroids Market Size, Share, Analysis 2024-2033
The new report published by The Business Research Company, titled Organoids And Spheroids Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the organoids and spheroids market size has grown exponentially in recent years. It will grow from $0.93 billion…
More Releases for Terephthalate
Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Marke …
Global Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market 2022-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.
Download FREE Sample Research…
Polyethylene Terephthalate Foam Market - Industry Report, 2031
Albany, NY - High Density (100-350 Kg/m3) PET Foam Market: Introduction
Transparency Market Research delivers key insights on the high density (100-350 Kg/m3) PET foam market. In terms of revenue, the high density (100-350 Kg/m3) PET foam market is estimated to expand at a CAGR of 6.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the high density (100-350…
Dimethyl Terephthalate Market Prevalent Opportunities upto 2025
Dimethyl Terephthalate market players - Teijin Limited, China Petroleum & Chemical Corporation, SK Innovation Co., Ltd., Cepsa Quimica, Bombay Dyeing & Maunfacturing Co Ltd – (BDMC), Artenius Turkpet, Invista, among others represent the global Dimethyl Terephthalate market. The market study depicts an extensive analysis of all the players running in the Dimethyl Terephthalate market report based on distribution channels, local network, innovative launches, industrial penetration, production methods, and revenue generation.…
Bio Based Paraxylene Market Report 2018: Segmentation by Type (Polyethylene Tere …
Global Bio Based Paraxylene market research report provides company profile for Virent, Anellotech, GEVO, BASF, Renmatix, Origin Materials, Avantium, Toray Industries and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides…
Crystalline Polyethylene Terephthalate Market Shows Speedy Growth
Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Crystalline Polyethylene Terephthalate for these regions, from 2012 to 2022 (forecast), covering
United States
China
Europe
Japan
Southeast Asia
India
Get sample copy @ https://www.researchtrades.com/request-sample/1319449
Global Crystalline Polyethylene Terephthalate market competition by top manufacturers/players, with Crystalline Polyethylene Terephthalate sales volume, Price (USD/MT), revenue (Million USD) and market share for each manufacturer/player; the top players including
BASF
DAK…
Global Polybutylene Terephthalate Market 2016-2020
MarketResearchReports.Biz presents this most up-to-date research on "Global Polybutylene Terephthalate Market 2016-2020"
Description
PBT is a saturated polyester that is mainly obtained from butanediol (BDO) and terephthalic acid or dimethyl terephthalate (DMT). It is extensively used in the polymers and plastics industry because it offers high-performance blends like polyethylene terephthalate (PET), acrylonitrile styrene acrylate (ASA), and others. PBT offers a valuable combination of high technical properties and good dimensional stability because of…
