PET Bottle Market Analysis and Forecast (2021-2027) by Type, Grade, Propulsion and Application.

PET Bottle Market was worth US$ 8.42 Bn. in 2020 and total revenue is expected to grow at a rate of 6.7 % CAGR from 2021 to 2027, reaching almost US$ 14.20 Bn. in 2027.

PET Bottle Market Overview:

The PET market development is mainly driven by changing customer behavior towards sustainability. In adding, a prohibition on landfills presented in numerous established countries in North America & Europe is expected to push the product demand during the forecast period. The major factor driving PET demand in North America is its comprehensive application scope in many major application industries, like FMCG, consumer goods, clothing and textile, & automotive. Many initiatives by the government about the plastics recycling have caused increased demand for PET market in the region. Despite huge investments, non-recycled PET bottles are majorly exported to Southeast Asian nations for recycling & then re-imported to the particular nation in North America in the type of new bottles created from recycled PET. According to the MMR study report, the outbreak of corona pandemic has made plastic waste management & recycling more compound as the demand for single-use PPE has improved. The mismanagement of transferrable plastic waste is posing a key challenge to plastic recycling. Initiatives like How to Recycle by Green Blue, a non-profit eco-friendly group working toward spreading consciousness about the recycling process, its benefits, & impact on the environment, will support market development. In adding, GreenBlue is functioning with more than 220 firms and providing maintainable packaging designs.

Product Overview:

The clear product sector led the overall market in the year 2020 & accounted for a revenue share of over 76 percent. The sector will retain the top place growing at a stable CAGR during the forecast period. Low energy supplies & ease of bottle-to-bottle recycling are anticipated to push the demand for clear PET from 2019 to 2027. In adding, clear PET is extremely durable, lightweight, & shatterproof. It is extensively used in food & non-food applications owing to the low cost of processing related with it. Most of the companies choose clear flakes to make containers & bottles, as opposed to colored PET. In adding, clear PET helps sense changes in the products inside, like variations in color, fungal progress, & chemical reaction. A convergence of PET market disturbances in the year 2020 comprised low plastic pricing & supply challenges which led end users to pursue feedstock from other bases. Still, experts keep a surge of PET demand is fast potential. Manufacturers in the Midwest & Northeast have seen less PET demand as depressed virgin pricing controlled end users to move away from recycled resin. In California, local recovery capacity and recycled content orders have changed the PET demand dynamics. In the year 2020 market have seen disorder but MMR analyst see a robust market growth for the recycled resin during the forecast period. Which will bring a many other challenges like locking sufficient supply to fulfill the requirement. PET Bottle Market To know about the Research Methodology :- Request Free Sample Report

Material loads up after Pandemic:

A Midwestern companies who wanted to stay nameless have made a very challenging time for moving the resin. Deposit material reduced expressively earlier in the year 2020 as states postponed improvement supplies amid COVID-19 lockdowns. The decreased inbound volume need declaimers to pursue other supply outlines for better-quality PET. Pandemic hit the bottom line is so hard that as result the PET market has transformed drastically. Reclaimers made contracts with lower-quality sources for PET, such as bottles recovered by MRF. MRFs have seen prominent upticks in inbound PET as deposit streams decreased, According to MMR study report 150 percent rise in the material through the pandemic. Green PET has been hit mostly hard. Always a more stimulating share of the PET stream to market owing to limited end-use applications, the material has initiated to stack up at the Midwest manufacturers facility, & the establishment has measured exporting the material for the 1st time. Moving to virgin material Some resin customer may have seen a fiscal incentive to move away from recycled plastic for the time being. In numerous cases, individuals have abandoned post-consumer for inexpensive forms of feedstock. In numerous cases it’s inexpensive, available virgin, which had an effect. Decreasing oil prices led to inexpensive virgin resin, hitting greater price stress on recycled resin. Resin customers can move their feedstock configuration as pricing changes, because only California has a least-recycled-content order for PET beverage bottles. And that rule was approved in 2020. Most of these corporations are very dedicated to recycling. They have robust objectives but they’re still working in a voluntary stand. They’re not always instructed to precise content levels for 2020. The skill to effortlessly move to virgin feedstock may change, however, as firms feel burden to reach their sustainability objectives during the forecast period.

Demand development will move dynamic:

Many key brands have said recycled plastic enclosure objectives in recent years. The objectives vary, but one theme is stable: Most of the firms have a long way to go to achieve their goals. In 2020, the Ellen MacArthur Foundation out its 2nd yearly report covering brand owners’ recycled plastic usage. The outcomes show major gaps between existing recycled material usage & objectives. The figures expects the PET market could move dramatically in during the forecast period. There’s a robust demand growth coming for PET content. According to MMR report study, there are around 1.9 Bn pounds of PET offered every year. The objective of the report is to present a comprehensive analysis of the PET Bottle market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the PET Bottle market dynamics, structure by analyzing the market segments and project the PET Bottle market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the PET Bottle market make the report investor’s guide.

PET Bottle Market Scope: Inquire before buying

PET Bottle Market

PET Bottle Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

PET Bottle Market key player

• Extrupet Group (Pty) Ltd. • CarbonLITE Industries LLC • Phoenix Technologies International LLC • Vanden Global Ltd. • UltrePET LLC • Seiu Japan Co., Ltd. • ALPLA Werke Alwin Lehner GmbH & Co KG • SEINAN Corporation, Kuusakoski Oy • Evergreen Plastics, Inc. • Indorama Ventures Public Company Limited • Verdeco Recycling, Inc. • Clear Path Recycling, LLC • Krones AG • Placon (EcoStar) • PolyQuest • Lotte Chemicals • Avery Dennison Corporation • M&G Chemicals • Libolon • BariQ • Sorema • Ergis Recycling

Frequently Asked Questions:

1) What was the market size of PET Bottle Market markets in 2020? Ans - PET Bottle Market was worth US$ 8.420 Bn in 2020. 2) What is the market segment of PET Bottle Market markets? Ans -The market segments are based on Type, Grade and Application 3) What is forecast period consider for PET Bottle Market? Ans -The forecast period for PET Bottle Market is 2021 to 2027. 4) Which are the worldwide major key players covered for PET Bottle Market report? Ans – Extrupet Group (Pty) Ltd., CarbonLITE Industries LLC, Phoenix Technologies International LLC, Vanden Global Ltd., UltrePET LLC, Seiu Japan Co., Ltd., ALPLA Werke Alwin Lehner GmbH & Co KG, SEINAN Corporation, Kuusakoski Oy, Evergreen Plastics, Inc., Indorama Ventures Public Company Limited, Verdeco Recycling, Inc., Clear Path Recycling, LLC, Krones AG, Placon (EcoStar), PolyQuest, Lotte Chemicals, Avery Dennison Corporation M&G Chemicals, Libolon, BariQ, Sorema, Ergis Recycling. 5) Which region is dominated in PET Bottle Market? Ans -In 2020, Asia pacific region dominated the PET Bottle Market
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: PET Bottle Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the PET Bottle Market 3.4. Geographical Snapshot of the PET Bottle Market , By Manufacturer share 4. PET Bottle Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on PET Bottle market 5. Supply Side and Demand Side Indicators 6. PET Bottle Market Analysis and Forecast, 2020-2027 6.1. PET Bottle Market Size & Y-o-Y Growth Analysis. 7. PET Bottle Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 7.1.1. Clear 7.1.2. Color 7.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 7.2.1. Food 7.2.2. Non-food 7.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 7.3.1. Packaging 7.3.2. Industrial Yarn 7.3.3. Mono Filaments 7.3.4. Strapping 7.3.5. Building Materials 7.3.6. Others 8. PET Bottle Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America PET Bottle Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 9.1.1. Clear 9.1.2. Color 9.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 9.2.1. Food 9.2.2. Non-food 9.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 9.3.1. Packaging 9.3.2. Industrial Yarn 9.3.3. Mono Filaments 9.3.4. Strapping 9.3.5. Building Materials 9.3.6. Others 10. North America PET Bottle Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. PET Bottle Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 11.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 12. Canada PET Bottle Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 12.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 13. Mexico PET Bottle Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 13.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 14. Europe PET Bottle Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 14.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 15. Europe PET Bottle Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. PET Bottle Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 16.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 17. France PET Bottle Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 17.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 18. Germany PET Bottle Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 18.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 19. Italy PET Bottle Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 19.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 20. Spain PET Bottle Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 20.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 21. Sweden PET Bottle Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 21.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 22. CIS Countries PET Bottle Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 22.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 23. Rest of Europe PET Bottle Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 23.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 24. Asia Pacific PET Bottle Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 24.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 25. Asia Pacific PET Bottle Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China PET Bottle Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 26.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 27. India PET Bottle Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 27.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 28. Japan PET Bottle Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 28.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 29. South Korea PET Bottle Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 29.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 30. Australia PET Bottle Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 30.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 31. ASEAN PET Bottle Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 31.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 32. Rest of Asia Pacific PET Bottle Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 32.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 33. Middle East Africa PET Bottle Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 33.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 34. Middle East Africa PET Bottle Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa PET Bottle Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 35.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 36. GCC Countries PET Bottle Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 36.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 37. Egypt PET Bottle Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 37.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 38. Nigeria PET Bottle Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 38.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 39. Rest of ME&A PET Bottle Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 39.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 40. South America PET Bottle Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 40.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 41. South America PET Bottle Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil PET Bottle Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 42.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 43. Argentina PET Bottle Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 43.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 44. Rest of South America PET Bottle Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Grade, 2020-2027 44.3. Market Size (Value) Estimates & Forecast By Application, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the PET Bottle 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Extrupet Group (Pty) Ltd. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. CarbonLITE Industries LLC 45.3.3. Phoenix Technologies International LLC 45.3.4. Vanden Global Ltd. 45.3.5. UltrePET LLC 45.3.6. Seiu Japan Co., Ltd. 45.3.7. ALPLA Werke Alwin Lehner GmbH & Co KG 45.3.8. SEINAN Corporation, Kuusakoski Oy 45.3.9. Evergreen Plastics, Inc. 45.3.10. Indorama Ventures Public Company Limited 45.3.11. Verdeco Recycling, Inc. 45.3.12. Clear Path Recycling, LLC 45.3.13. Krones AG 45.3.14. Placon (EcoStar) 45.3.15. PolyQuest 45.3.16. Lotte Chemicals 45.3.17. Avery Dennison Corporation 45.3.18. M&G Chemicals 45.3.19. Libolon 45.3.20. BariQ 45.3.21. Sorema 45.3.22. Ergis Recycling 46. Primary Key Insights

About This Report

Report ID123400
Category Material & Chemical
Published DateOct 2021
Updated Date
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