Amorphous Polyethylene Terephthalate Market

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Amorphous Polyethylene Terephthalate MARKET 2020
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Amorphous Polyethylene Terephthalate MARKET 2020
Amorphous Polyethylene Terephthalate Market
2020 Industry Survey, Growth, CompetitiveLandsca
pe and Forecasts to 2023
Amorphous polyethylene terephthalate (APET) is a
polyester used for packaging with high impact
resistance, superior clarity, lightweight nature,
high tensile strength, and recyclability. Among
the additives segment, the bottles accounted for
major market share in 2016 owing to the packaging
of various products such as tea, coffee, mineral
water, and carbonated drinks. The chain extenders
additive type is highly consumed to enhnace the
amorphous polyethylene terephthalate properties
due to the lower system costs, faster reaction,
and more flexibility. The extensive use of the
product in the food beverage industry for
packaging and storage of beverages is projected
to propel the market growth during the forecast
period. Moreover, it is used for tablet and
capsule packaging, which is projected to fuel the
market growth further. The gear housings, seats
engine covers, and wipers for the automotive are
manufactured using the product, thereby, the
demand for the product is increasing from the
automotive sector.
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Amorphous Polyethylene Terephthalate MARKET 2020
Market Segmentation The global Amorphous
Polyethylene Terephthalate market is segmented on
the basis of the additives, application, end-use
industry, and region. Based on the additives, the
global amorphous polyethylene terephthalate
market is segmented into chain extenders,
nucleating agents, solid stating accelerators,
nucleating agents, impact modifiers, and
others. On the basis of the application, the
market is segmented into bottles, packaging, gear
housings, seats engine covers, and others. The
market is segmented on the basis of the end-use
industries namely food and beverage,
pharmaceuticals, automotive, textiles,
electronics electrical, and others. Enquiry
of the Report https//www.marketresearchfuture.co
m/enquiry/5936
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Amorphous Polyethylene Terephthalate MARKET 2020
Regional Analysis
The global amorphous polyethylene terephthalate
market is segmented into five regions Asia
Pacific, North America, Europe, Latin America,
and the Middle East Africa. The Asia Pacific
was the largest region in the global market in
2016 owing to the high consumption of the product
from the major end-use industries such as
automotive, textiles, food beverage, and others
in Japan, India, and China. The North American
market was the second largest region in the
global market on account of high penetration of
the product in the food beverage and
pharmaceuticals industry coupled with the high
disposable income in the U.S. and Canada. The
increasing product demand in Europe can be
attributed to the reviving automotive sector and
the regulations pertaining to the region for
lightweight materials in automotive. Latin
America is expected to substantially grow on the
backdrop of the growing automotive and the food
beverage industry in Mexico.
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rket-5936
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Amorphous Polyethylene Terephthalate MARKET 2020
Application Major Players in this Research
Amorphous Polyethylene Terephthalate Market
Prominent Players Some of the manufacturers
operating in the global amorphous polyethylene
terephthalate market are JBF Industries Ltd.
(India), Reliance Industries Limited (India),
China Petroleum Chemical Corporation (China),
Covestro AG (Germany), Jiangsu Sanfangxiang Group
Co., Ltd. (China), MG Chemicals (Italy), Petro
Polymer Shargh (Iran), the Quadrant group of
companies (Switzerland), LOTTE Chemical
CORPORATION (Korea), Polisan Holding (Turkey),
TEIJIN LIMITED (Japan), Equipolymers (Germany),
Alpek Polyester (U.S.), and others.
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