Market by Type, Material, Application, and Country | Forecast 2021-2028
Triton has concluded in its research report that the North American polyethylene terephthalate (PET) market would grow at 6.80% of CAGR by revenue, and at 6.16% of CAGR by volume, in the forecast years 2021-2028.
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The market in this region studies:
• The United States
• Canada
There is a significant rise in
demand for packaging materials in the food & beverage sector in the United
States. PET is used to replace parts in vehicles, as it helps reduce weight, as
well as wear & tear. Also, it facilitates trouble-free performance for a
longer period of time. Several companies manufacturing automotive vehicles have
announced that they plan to invest in the country. This will enhance the growth
of the US’ automotive market, and, in turn, raise the demand for PET. This
growing demand will boost the growth of the country’s polyethylene
terephthalate market over the coming years.
Moreover, the United States’
healthcare sector has grown tremendously over the years, with the rise in the
geriatric population and the growing need for medical facilities to treat
several health conditions. This has also increased the consumption of plastics
like PET in the nation, as it is one of the primary components used in a range
of medical devices. Further, the US has one of the most competitive FMCG
industries, and several reputed names, such as PepsiCo, Coca-Cola, P&G,
Unilever, Nestle, etc., are present in the nation. With the growing demand for
packaging in the consumer goods industry, these players are competing strongly
among themselves, to consolidate their brand name. This has created a huge
demand for PET in the US, which is expected to proliferate the growth of the
studied market in the years to come.
Reliance Industries Limited
operates in the field of energy and materials, in addition to several other
domains. It offers a wide range of products, including oil, gas, plastics,
petroleum products, polymer intermediates, polyester products, polyester
intermediates, chemicals, fabrics, and synthetic textiles, among others. The
Relpet range of products offered by RIL consists of bottle-grade PET resins,
having numerous applications. Reliance Industries has a notable presence in
North America.
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VIEW REPORT1. NORTH
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. PORTER’S
FIVE FORCES 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. RISE IN USAGE OF SUBSTITUTE PRODUCTS
2.9. MARKET
OPPORTUNITIES
2.9.1. INCREASING
DEMAND FOR BIO-BASED POLYETHYLENE TEREPHTHALATE (PET)
3. NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET OUTLOOK – BY TYPE
3.1. CUPS
3.2. CANS
3.3. BOTTLES
3.4. POUCHES
3.5. OTHERS
4. NORTH
AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET OUTLOOK – BY MATERIAL
4.1. GLASS
4.2. PLASTIC
4.3. METAL
4.4. PAPERBOARD
4.5. OTHERS
5. NORTH
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. NORTH
AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET – REGIONAL OUTLOOK
6.1. UNITED
STATES
6.2. CANADA
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
TABLE 1: MARKET ATTRACTIVENESS
INDEX
TABLE 2: VENDOR SCORECARD
TABLE 3: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 4: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)
TABLE 5: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 6: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY TYPE, 2021-2028 (IN KILOTON)
TABLE 7: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY MATERIAL, 2021-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA POLYETHYLENE
TEREPHTHALATE (PET) MARKET, BY MATERIAL, 2021-2028 (IN KILOTON)
TABLE 9: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY APPLICATION, 2021-2028 (IN $
MILLION)
TABLE 10: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY CUPS, 2021-2028 (IN $ MILLION)
FIGURE 3: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY CANS, 2021-2028 (IN $ MILLION)
FIGURE 4: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY BOTTLES, 2021-2028 (IN $ MILLION)
FIGURE 5: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY POUCHES, 2021-2028 (IN $ MILLION)
FIGURE 6: NORTH AMERICA POLYETHYLENE
TEREPHTHALATE (PET) MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY GLASS, 2021-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY PLASTIC, 2021-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY METAL, 2021-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY PAPERBOARD, 2021-2028 (IN $
MILLION)
FIGURE 11: NORTH AMERICA POLYETHYLENE
TEREPHTHALATE (PET) MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY FOOD AND BEVERAGE, 2021-2028 (IN $
MILLION)
FIGURE 13: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY AUTOMOTIVE, 2021-2028 (IN $
MILLION)
FIGURE 14: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY ELECTRICAL AND ELECTRONICS,
2021-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY CONSUMER GOODS, 2021-2028 (IN $
MILLION)
FIGURE 17: NORTH AMERICA
POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY OTHER END USERS, 2021-2028 (IN $
MILLION)
FIGURE 18: NORTH AMERICA POLYETHYLENE
TEREPHTHALATE (PET) MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 19: UNITED STATES
POLYETHYLENE TEREPHTHALATE (PET) MARKET 2021-2028 (IN $ MILLION)
FIGURE 20: CANADA POLYETHYLENE
TEREPHTHALATE (PET) MARKET 2021-2028 (IN $ MILLION)