The Asia-Pacific Region Expected to Dominate the Crystalline Polyethylene Terephthalate Market Across the Globe with the Largest Consumption
Verfasser: ashwani_kailiya on Tuesday, 22 March 2022The report "Crystalline Polyethylene Terephthalate Market by Applications (Food Packaging and Beverage Packaging); & by Region (Asia-Pacific, Europe, North America, and Rest of the World) - Global Trends & Forecasts to 2020", The crystalline polyethylene terephthalate (Crystalline PET) market is projected to reach USD 12.16 Billion by 2020 at a CAGR of 9.0% from 2015 to 2020. This growth is driven by the increasing demand from the food and beverage industry and films/sheets. Asia-Pacific is the largest market for crystalline PET due to presence of large manufacturing base in this region. North America and Europe are established market with major global players present in these regions.
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Food Packaging segment is expected to dominate crystalline PET market by 2020