LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET 2021-2028

Chemicals & Materials | Plastic

LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET 2021-2028

Market by Type, Material, Application, and Country | Forecast 2021-2028

Request Free Sample

Request Custom Report

Request Custom Report

Enquire before buying

Enquire Before Buying

According to Triton’s analysis, the polyethylene terephthalate (PET) market in Latin America is likely to expand with a CAGR of 6.87% in terms of value, and a CAGR of 6.23% in terms of volume, respectively, during the forecasting years from 2021-2028.


Report scope can be customized per your requirements. Request For Customization

The market in this region analyzes:

•           Brazil

•           Mexico

•           Rest of Latin America countries

Brazil ranks seventh in the world in terms of PET resin production. It produces around 1,009 kilotons of PET resin every year. The country is also known for its packaging industry, which is the fifth-largest in the world in terms of sales, and also accounts for 1.5% of the national GDP. With the growing consumer awareness as well as environmental concerns, there has been an increase in the demand for sustainable packaging. This has resulted in a higher demand for polyethylene terephthalate, which, in turn, will spur the growth of the studied market in Brazil in the years to come.

Further, Brazil’s automotive industry is one of the nation’s major economic industries, contributing 22% to its industrial GDP, and 4% to the national GDP. Despite witnessing a major slump some years back, the national economy is on a path to recovery. And thus, the automotive sector’s growth rate has also picked up pace. PET is used in this industry for making automotive parts, as it helps reduce the overall weight of the vehicles. Thus, the growing demand from the automotive sector is fostering the growth of the polyethylene terephthalate market in Brazil.

Alpek SAB de CV is involved in the petrochemical business. It operates through two major segments, the first being Polyester, and the other being Plastic and Chemicals. The company offers a wide range of products apart from polyethylene terephthalate (PET). It was founded in 1975 and is based in Mexico. It is headquartered in San Pedro Garza Garcoa, Nuevo León. Since November 2018, Alpek has been operating PET production in M&G Mexico.

Related Reports

ASIA PACIFIC BIODEGRADABLE PLASTICS MARKET 2019-2027
Chemicals & Materials

ASIA PACIFIC BIODEGRADABLE PLASTICS MARKET 2019-2027

Market Segmented By Type, Appl ..

VIEW REPORT
ASIA PACIFIC DEFOAMERS MARKET 2019-2027
Chemicals & Materials

ASIA PACIFIC DEFOAMERS MARKET 2019-2027

Market By Products, Applicatio ..

VIEW REPORT
ASIA-PACIFIC  POLYLACTIC ACID MARKET 2019-2028
Chemicals & Materials

ASIA-PACIFIC POLYLACTIC ACID MARKET 2019-2028

Market By Raw Material, End-us ..

VIEW REPORT
ASIA-PACIFIC ACTIVATED CARBON MARKET 2019-2028
Chemicals & Materials

ASIA-PACIFIC ACTIVATED CARBON MARKET 2019-2028

Market by Type, Raw Material, ..

VIEW REPORT
ASIA-PACIFIC ADHESIVES MARKET 2021-2028
Chemicals & Materials

ASIA-PACIFIC ADHESIVES MARKET 2021-2028

Market by Technology, Type, En ..

VIEW REPORT
ASIA-PACIFIC ADVANCED GLASS MARKET 2019-2028
Chemicals & Materials

ASIA-PACIFIC ADVANCED GLASS MARKET 2019-2028

Market by Function, Product Ty ..

VIEW REPORT
ASIA-PACIFIC AESTHETIC FILLER MARKET 2019-2028
Chemicals & Materials

ASIA-PACIFIC AESTHETIC FILLER MARKET 2019-2028

Market by Product Type, Applic ..

VIEW REPORT
ASIA-PACIFIC ASEPTIC PACKAGING MARKET 2021-2028
Chemicals & Materials

ASIA-PACIFIC ASEPTIC PACKAGING MARKET 2021-2028

Market by Type, Material, Indu ..

VIEW REPORT

Table of Content

1.    LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET – SUMMARY

2.    INDUSTRY OUTLOOK

2.1. KEY INSIGHTS

2.1.1.   INCREASED DEMAND FOR BOTTLED WATER

2.1.2.   GROWING USAGE OF BIODEGRADABLE PLASTICS

2.2. IMPACT OF COVID-19 – POLYETHYLENE TEREPHTHALATE (PET) MARKET

2.3. PORTERS FIVE FORCE ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS

2.3.5.   THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1.   ACQUISITIONS

2.6.2.   PARTNERSHIP & AGREEMENTS

2.6.3.   BUSINESS EXPANSION

2.7. MARKET DRIVERS

2.7.1.   RISING ADOPTION OF READY-MADE FOODS

2.7.2.   ADVANCEMENTS IN POLYETHYLENE TEREPHTHALATE (PET) MARKET

2.7.3.   BUDDING INTEREST IN ECOLOGICAL PACKAGING

2.8. MARKET RESTRAINTS

2.8.1.   STRINGENT RULES IMPOSED BY REGULATORY FIRMS

2.8.2.   INCREASING USAGE OF SUBSTITUTE PRODUCTS

2.9. MARKET OPPORTUNITIES

2.9.1.   INCREASING DEMAND FOR BIO-BASED POLYETHYLENE TEREPHTHALATE (PET)

3.    LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET OUTLOOK – BY TYPE

3.1. CUPS

3.2. CANS

3.3. BOTTLES

3.4. POUCHES

3.5. OTHERS

4.    LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET OUTLOOK – BY MATERIAL

4.1. GLASS

4.2. PLASTIC

4.3. METAL

4.4. PAPERBOARD

4.5. OTHERS

5.    LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET OUTLOOK – BY APPLICATION

5.1. FOOD AND BEVERAGE

5.2. AUTOMOTIVE

5.3. ELECTRICAL AND ELECTRONICS

5.4. HEALTHCARE

5.5. CONSUMER GOODS

5.6. OTHER END USERS

6.    LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET – REGIONAL OUTLOOK

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

7.    COMPETITIVE LANDSCAPE

7.1. RELIANCE INDUSTRIES

7.2. LOTTE CHEMICAL CORPORATION

7.3. JBF INDUSTRIES LTD

7.4. ROYAL DSM

7.5. BASF SE

7.6. ALPEK SAP DE CV

7.7. CHINA RESOURCES CHEMICAL MATERIALS TECHNOLOGY LTD

7.8. FAR EASTERN NEW CENTURY CORPORATION

7.9. HENGLI GROUP LTD

7.10. JIANGSU SANFANGXIANG GROUP 

7.11. OCTAL

7.12. SAUDI BASICS INDUSTRIES CORP

7.13. SINOPEC GROUP

7.14. INDORAMA VENTURES PUBLIC COMPANY LTD

7.15. M&G CHEMICALS

8.    METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of table

TABLE 1: MARKET ATTRACTIVENESS INDEX

TABLE 2: VENDOR SCORECARD

TABLE 3: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 4: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)

TABLE 5: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 6: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY TYPE, 2021-2028 (IN KILOTON)

TABLE 7: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY MATERIAL, 2021-2028 (IN $ MILLION)

TABLE 8: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY MATERIAL, 2021-2028 (IN KILOTON)

TABLE 9: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 10: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY CUPS, 2021-2028 (IN $ MILLION)

FIGURE 3: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY CANS, 2021-2028 (IN $ MILLION)

FIGURE 4: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY BOTTLES, 2021-2028 (IN $ MILLION)

FIGURE 5: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY POUCHES, 2021-2028 (IN $ MILLION)

FIGURE 6: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 7: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY GLASS, 2021-2028 (IN $ MILLION)

FIGURE 8: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY PLASTIC, 2021-2028 (IN $ MILLION)

FIGURE 9: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY METAL, 2021-2028 (IN $ MILLION)

FIGURE 10: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY PAPERBOARD, 2021-2028 (IN $ MILLION)

FIGURE 11: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 12: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY FOOD AND BEVERAGE, 2021-2028 (IN $ MILLION)

FIGURE 13: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)

FIGURE 14: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY ELECTRICAL AND ELECTRONICS, 2021-2028 (IN $ MILLION)

FIGURE 15: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)

FIGURE 16: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY CONSUMER GOODS, 2021-2028 (IN $ MILLION)

FIGURE 17: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY OTHER END USERS, 2021-2028 (IN $ MILLION)

FIGURE 18: LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 19: BRAZIL POLYETHYLENE TEREPHTHALATE (PET) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 20: MEXICO POLYETHYLENE TEREPHTHALATE (PET) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 21: REST OF LATIN AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET, 2021-2028 (IN $ MILLION)

Purchase Options

  • Licence Type
  • Price
  • User/Sharing
  • Printing
  • Delivery Formats
  • Free customization (Pre-sale)
  • Analyst hour support (Post Sale)
  • Customized notification for newly published report
  • Free report on update (within 180 days)

Single User PDF

$1,500.00

  • User/Sharing
  • Restricted to one authorized user
  • Printing
  • Not printable
  • Delivery Formats
  • Pdf
  • Free customization (Pre-sale)
  • 10% Free customization
  • Analyst hour support (Post Sale)
  • 3 hours
  • Customized notification (newly published)
  • Free report on update (within 180 days)

Enterprise Online/PDF

$2,200.00

  • User/Sharing
  • Unlimited
  • Printing
  • Unlimited
  • Delivery Formats
  • Pdf and market estimation excel
  • Free customization (Pre-sale)
  • 20% Free customization
  • Analyst hour support (Post Sale)
  • 8 hour
  • Customized notification (newly published)
  • Free report on update (within 180 days)

Request free Sample

SUBMIT REQUEST
Request Custom Report

Request Custom Report

Enquire before buying

Enquire Before Buying

;