PET Performs Market Growth, Sales, Future Trends, COVID-19 Impact, Size Value and Analysis By 2026


Posted February 14, 2022 by neha_s

Polyethylene terephthalate (PET) preforms are the unfinished products made by injection molding of polyethylene terephthalate,.

 
Polyethylene terephthalate (PET) preforms are the unfinished products made by injection molding of polyethylene terephthalate, which is the most common thermoplastic polyester. PET is strong, stiff, hard, and dimensionally stable material. It is resistant to water, gas, and all the chemicals except alkalis. PET is colorless and highly transparent. Food and beverages industries are continuously replacing glass and other metals bottle with PET bottles.

PET products have various properties such as light weight, long shelf life, and are easy to handle, owing to these advantages PET products are widely used in packaged food and beverages industries. PET products are widely used in healthcare and cosmetics industries.

PET preforms Market Taxonomy:
On the basis of End-Use Industry, the PET preform market is segmented into:
• Food and Beverage Industry
• Cosmetics Industry
• Pharmaceutical & Liquor Industry
• Bottle Industry
On the basis of applications, the PET preform market is segmented into:
• Water bottles
• Carbonated Soft drink (CSD) bottles
• Oil/Edible oil bottles
• Food packaging
• Juice/ Milk bottles
On the basis of the distribution channel, the PET preform market is segmented into:
• Wholesaler
• Online

PET preform Market outlook:
• Asia Pacific is the fastest growing region in PET preforms market. There is high demand for PET preforms in emerging economies such as China, Japan, and India. According to Council of Scientific and Industrial Research (CSIR)-National Chemical Laboratory (NCL), nearly 900-kilo tons of PET was produce in India in 2015-16, out of which 820-kilo tones were used in the production of PET products.

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Major Keyplayers: Plastipak Holdings, Inc. (the U.S), ALPLA Werke Alwin L. GmbH & Co KG (Austria), Societe Generale des Techniques (France), KOKSAN Pet Packaging Industry Co. (Turkey), Zhuhai Zhongfu Enterprise Co. Ltd (China).

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Issued By Coherent Market Insights
Country India
Categories Business , Industry
Last Updated February 14, 2022