The Polyethylene Terephthalate (PET) market in North America contributed to XX% market share in 2018 and is likely to grow further at a CAGR of 6.73% in terms of revenue and 4.89% in terms of volume during the forecast period of 2019-2027. The ever-increasing requirement of sustainable and recyclable material from the food & beverage and packaging industry is a significant factor influencing the market. The United States held the largest market share, accounting for an around two-thirds market share of North America, in terms of PET consumption in 2017. New product applications continue to drive PET market growth as former high growth applications become mature. Beer seems to be a fast-growing market in the US. Other areas such as single-serve juices, packaged water, and hot-filled products are also driving growth.
NORTH AMERICA POLYETHYLENE TEREPHTHALATE (PET) MARKET FORECAST 2019-2027
North America Polyethylene Terephthalate (Pet) Market by Type (Cups, Cans, Bottles, Pouches, Others) by Materials (Glass, Plastic, Metal, Paperboard, Others) by Application (Food and Beverage, Automotive, Electrical and Electronics, Healthcare, Consumer Goods, Other Applications) by Geography.
The Polyethylene Terephthalate (PET) market in North America contributed to XX% market share in 2018 and is likely to grow further at a CAGR of 6.73% in terms of revenue and 4.89% in terms of volume during the forecast period of 2019-2027. The ever-increasing requirement of sustainable and recyclable material from the food & beverage and packaging industry is a significant factor influencing the market.
The United States held the largest market share, accounting for an around two-thirds market share of North America, in terms of PET consumption in 2017. New product applications continue to drive PET market growth as former high growth applications become mature. Beer seems to be a fast-growing market in the US. Other areas such as single-serve juices, packaged water, and hot-filled products are also driving growth. Another significant market in this region is the Canada PET market, wherein PET finds a major application in manufacturing, machinery, molds, and resins.
Some of the leading PET companies in this market include Hengli Group Ltd., BASF SE, JBF Industries Ltd., Lotte Chemical Corporation, Alpek SAP DE CV, Reliance Industries Ltd., Octal, Sinopec Group, Indorama Ventures Public Company Ltd., Far Eastern New Century Corporation, Saudi Basics Industries Corporation, Jiangsu Sanfangxiang Group, Royal DSM, China Resources Chemical Materials Technology Ltd., and MM&G Chemicals.
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- RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- WHO WILL FIND THIS REPORT USEFUL?
- STUDY AND FORECASTING YEARS
- RESEARCH METHODOLOGY
- SOURCES OF DATA
- SECONDARY DATA
- PRIMARY DATA
- TOP-DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- SOURCES OF DATA
- EXECUTIVE SUMMARY
- MARKET SUMMARY
- KEY FINDINGS
- INCREASED DEMAND FOR BOTTLED WATER
- GROWING USAGE OF BIODEGRADABLE PLASTICS
- MARKET DYNAMICS
- MARKET SCOPE & DEFINITION
- MARKET DRIVERS
- RISING CONSUMPTION OF READY TO EAT FOODS
- TECHNOLOGICAL ADVANCEMENTS IN PET MARKET
- GROWING INTEREST FOR ECO-FRIENDLY PACKAGING
- MARKET RESTRAINTS
- STRICT RULES LEVIED BY REGULATORY FIRMS
- INCREASING USAGE OF SUBSTITUTE PRODUCTS
- MARKET OPPORTUNITIES
- ONSET OF BIO-BASED PET
- MARKET CHALLENGES
- SHIFT OF PRODUCTION CAPABILITIES TO ASIA
- MARKET BY TYPE
- CUPS
- CANS
- BOTTLES
- POUCHES
- OTHERS
- MARKET BY MATERIALS
- GLASS
- PLASTIC
- METAL
- PAPERBOARD
- OTHERS
- MARKET BY APPLICATION
- FOOD AND BEVERAGE
- AUTOMOTIVE
- ELECTRICAL AND ELECTRONICS
- HEALTHCARE
- CONSUMER GOODS
- OTHER APPLICATIONS
- KEY ANALYTICS
- PORTER’S FIVE FORCE MODEL
- THREAT OF NEW ENTRANTS
- THREAT OF SUBSTITUTE
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF BUYERS
- THREAT OF COMPETITIVE RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- PORTER’S FIVE FORCE MODEL
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- COMPANY PROFILES
- ALPEK SAP DE CV
- BASF SE
- CHINA RESOURCES CHEMICAL MATERIALS TECHNOLOGY LTD.
- FAR EASTERN NEW CENTURY CORPORATION
- HENGLI GROUP LTD.
- INDORAMA VENTURES PUBLIC COMPANY LTD.
- JBF INDUSTRIES LTD.
- JIANGSU SANFANGXIANG GROUP
- LOTTE CHEMICAL CORPORATION
- M&G CHEMICALS
- OCTAL
- RELIANCE INDUSTRIES LTD.
- ROYAL DSM
- SAUDI BASICS INDUSTRIES CORP.
- SINOPEC GROUP
LIST OF TABLES
TABLE 1. NORTH AMERICA PET MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2. NORTH AMERICA PET MARKET, BY TYPE, 2019-2027 (IN $ MILLION)
TABLE 3. NORTH AMERICA PET MARKET, BY TYPE, 2019-2027 (IN KILOTONS)
TABLE 4. NORTH AMERICA PET MARKET, BY MATERIALS, 2019-2027 (IN $ MILLION)
TABLE 5. NORTH AMERICA PET MARKET, BY MATERIALS, 2019-2027 (IN KILOTONS)
TABLE 6. NORTH AMERICA PET MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 7. NORTH AMERICA PET MARKET, BY APPLICATION, 2019-2027 (IN KILOTONS)
TABLE 8. OPPORTUNITY MATRIX
TABLE 9. VENDOR LANDSCAPE
TABLE 10. NORTH AMERICA PET MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 11. NORTH AMERICA PET MARKET, BY COUNTRY, 2019-2027 (IN KILOTONS)
FIGURES LIST
FIGURE 1. NORTH AMERICA PET MARKET, BY APPLICATION, 2018 & 2027 (IN %)
FIGURE 2. NORTH AMERICA PET MARKET, BY CUPS, 2019-2027 (IN $ MILLION)
FIGURE 3. NORTH AMERICA PET MARKET, BY CANS, 2019-2027 (IN $ MILLION)
FIGURE 4. NORTH AMERICA PET MARKET, BY BOTTLES, 2019-2027 (IN $ MILLION)
FIGURE 5. NORTH AMERICA PET MARKET, BY POUCHES, 2019-2027 (IN $ MILLION)
FIGURE 6. NORTH AMERICA PET MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 7. NORTH AMERICA PET MARKET, BY GLASS, 2019-2027 (IN $ MILLION)
FIGURE 8. NORTH AMERICA PET MARKET, BY PLASTIC 2019-2027 (IN $ MILLION)
FIGURE 9. NORTH AMERICA PET MARKET, BY METAL, 2019-2027 (IN $ MILLION)
FIGURE 10. NORTH AMERICA PET MARKET, BY PAPERBOARD, 2019-2027 (IN $ MILLION)
FIGURE 11. NORTH AMERICA PET MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 12. NORTH AMERICA PET MARKET, BY FOOD AND BEVERAGE, 2019-2027 (IN $ MILLION)
FIGURE 13. NORTH AMERICA PET MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)
FIGURE 14. NORTH AMERICA PET MARKET, BY ELECTRICAL AND ELECTRONICS, 2019-2027 (IN $ MILLION)
FIGURE 15. NORTH AMERICA PET MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
FIGURE 16. NORTH AMERICA PET MARKET, BY CONSUMER GOODS, 2019-2027 (IN $ MILLION)
FIGURE 17. NORTH AMERICA PET MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 18. PORTER’S FIVE FORCE ANALYSIS
FIGURE 19. NORTH AMERICA PET MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 20. UNITED STATES PET MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21. CANADA PET MARKET, 2019-2027 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY TYPE
- CUPS
- CANS
- BOTTLES
- POUCHES
- OTHERS
- MARKET BY MATERIALS
- GLASS
- PLASTIC
- METAL
- PAPERBOARD
- OTHERS
- MARKET BY APPLICATION
- FOOD AND BEVERAGE
- AUTOMOTIVE
- ELECTRICAL AND ELECTRONICS
- HEALTHCARE
- CONSUMER GOODS
- OTHER APPLICATIONS
To request a free sample copy of this report, please complete the form below :
We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.