세계의 폴리에틸렌 테레프탈레이트(PET) 수지 및 폴리부틸렌 테레프탈레이트(PBT) 수지 시장 예측(-2029년) : PET 유형별, PET 용도별, PBT 용도별, 지역별

The combined global PET & PBT resin market size was USD 47.99 billion in 2024, and it is anticipated to be worth USD 64.01 billion by 2029.

The PET & PBT resin market is projected to register a CAGR of 6.0% and 5.3% respectively between 2024 and 2029, in terms of value. The PET & PBT resin market size is projected to reach USD 57.64 and 6.37 billion respectively by 2029 at a CAGR of 6.0% and 5.3% from USD 43.06 and 4.93 billion respectively in 2024. The Transparent & Non-Transparent PET, by type segment is estimated to account for the largest share in terms of value of the PET resin market in 2023. rPET, by type likely to be the fastest growing type of PET resin market in terms of value.

Recycled polyethylene terephthalate (rPET) is an eco-friendly material formed from the recycling of post-consumer PET products such as bottles and containers. rPET helps in minimizing plastic waste, lowering the carbon footprint, and providing for the structure of a circular economy. The properties of rPET are similar to those of virgin PET, allowing for its use in packaging, textiles, and automotive parts. The increasing concern for sustainability has lent support to rPET with industries and consumers now advocating the use of recycled materials to reduce dependence on virgin materials.

PBT (Polybutylene Terephthalate) is a high-viewed, engineering thermoplastic that offers excellent load-bearing properties, chemical resistance, and dimensional stability. PBT is used in multiple applications, including automobile, electrical, and electronics, due to the material's durability in high temperature. It is also an electrical insulator-in the application of connectors, switches, and housings which require protection properties. As a growing need for lightweight and durable materials arises, PBT is increasingly coming into its own in processing parts for automotive and consumer electronics.

"Electrical and electronics, by application is fastest growing application segment of PBT resin market"

One of the fastest-growing application areas for PBT resin is in the electrical and electronics segment due to its characteristics of electrical insulation and high-temperature resistance, as well as dimensional stability. Applications where PBT is being used increasingly include connectors, switches, and circuit boards and housings for consumer and automotive electronics and communication devices. The demand for smaller, highly reliable, and durable electronic components is therefore propelling the growth of PBT in this sector owing to its versatility and performance in applications that are constantly under effort. The drive toward energy-efficient technologies is also serving as a catalyst for the adoption of PBT in electronics.

"Asia Pacific, by region is forecasted to be the fastest growing segment of PET & PBT resin market during the forecast period."

Asia Pacific will be the fastest-growing region for PET & PBT resin markets during the forecast period due to rapid industrialization, expanding manufacturing capabilities, and increasing demand in packaging, automotive, and electronics applications. Demand for consumer goods, especially beverages and electronics, is boosted in this region by its large population and growing middle-class population, thus increasing the consumption of PET & PBT resins. Furthermore, government initiatives, infrastructure, and cost-effective production in countries such as India and China are driving growth for the regional market.

Interviews:

• By Company Type: Tier 1 - 46%, Tier 2 - 36%, and Tier 3 - 18%
• By Designation: C Level - 21%, D Level - 23%, and Others - 56%
• By Region: North America - 37%, Europe - 26%, Asia Pacific - 23%, and South America - 4%, Middle East & Africa - 10%

The key companies profiled in this report are Indorama Ventures Public Company Limited (Thailand), Alpek, S.A.B. de C.V. (Mexico), SABIC (Saudi Arabia), BASF SE (Germany), Lotte Chemical Corporation (South Korea), Mitsubishi Chemical Group Corporation (Japan), and Jiangsu Sanfangxiang Group Co., Ltd. (China).

Research Coverage:

The PET & PBT resin market has been segmented based on Type (Transparent & Non-Transparent PET,

Recycled PET), PET Application (Bottles, Films, Food Packaging, Other Applications) PBT Application (Electrical & Electronics, Automotive, Consumer Appliances, Other Applications), and by Region (Asia Pacific, North America, Europe, South America, Middle East & Africa).

This report provides insights on the following pointers:

• Analysis of key drivers (PET is a highly recyclable plastic resin, Increase in demand for PET in packaging sector) restraints (Fluctuations in raw material prices), opportunities (Increasing demand for sustainable packaging solutions), and challenges (High costs of recycled plastics) influencing the growth of the PET & PBT resin market.
• Product Development/Innovation: Detailed insight of upcoming technologies, research & development activities, and new product launch in the PET & PBT resin market.
• Market Development: Comprehensive information about lucrative markets - the report analyses the PET & PBT resin market across varied regions.
• Market Diversification: Exclusive information about the new products & service untapped geographies, recent developments, and investments in PET & PBT resin market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Indorama Ventures Public Company Limited (Thailand), Alpek, S.A.B. de C.V. (Mexico), SABIC (Saudi Arabia), BASF SE (Germany), Lotte Chemical Corporation (South Korea), Mitsubishi Chemical Group Corporation (Japan), and Jiangsu Sanfangxiang Group Co., Ltd. (China) among other in the PET & PBT resin market.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 MARKET SCOPE
  • 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
  • 1.3.2 INCLUSIONS AND EXCLUSIONS
  • 1.3.3 YEARS CONSIDERED
  • 1.3.4 CURRENCY CONSIDERED
  • 1.3.5 UNITS CONSIDERED
• 1.4 STAKEHOLDERS
• 1.5 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DESIGN
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 Key data from secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 Key primary data sources
    • 2.1.2.2 Key data from primary sources
    • 2.1.2.3 Key industry insights
    • 2.1.2.4 Breakdown of interviews with experts
• 2.2 MARKET SIZE ESTIMATION
  • 2.2.1 TOP-DOWN APPROACH
  • 2.2.2 BOTTOM-UP APPROACH
• 2.3 MARKET FORECAST APPROACH
  • 2.3.1 SUPPLY-SIDE FORECAST
  • 2.3.2 DEMAND-SIDE FORECAST
• 2.4 DATA TRIANGULATION
• 2.5 FACTOR ANALYSIS
• 2.6 ASSUMPTIONS
• 2.7 LIMITATIONS
• 2.8 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PET & PBT RESIN MARKET
• 4.2 ASIA PACIFIC PET & PBT RESIN MARKET, BY COUNTRY, 2023
• 4.3 PET RESIN MARKET, BY REGION
• 4.4 PBT RESIN MARKET, BY REGION
• 4.5 PET RESIN MARKET, BY TYPE
• 4.6 PET RESIN MARKET, BY APPLICATION
• 4.7 PBT RESIN MARKET, BY APPLICATION
• 4.8 PET RESIN MARKET, BY KEY COUNTRY
• 4.9 PBT RESIN MARKET, BY KEY COUNTRY

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Highly recyclable PET plastic resin
    • 5.2.1.2 Increase in demand for PET in packaging sector
    • 5.2.1.3 Technological advancements in PET packaging sector
    • 5.2.1.4 Laws and regulations enforced by governments
    • 5.2.1.5 Burgeoning demand for PBT in electrical & electronics industry
    • 5.2.1.6 Increasing demand for lightweight vehicles
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 Fluctuations in raw material prices
    • 5.2.2.2 Absence of required framework for plastic waste collection and segregation
    • 5.2.2.3 Limited numbers of treatment plants and lack of expertise in recycling PET waste
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Increasing demand for sustainable packaging solutions
    • 5.2.3.2 Expansion to emerging markets
  • 5.2.4 CHALLENGES
    • 5.2.4.1 High costs of recycled plastics
    • 5.2.4.2 Existence of alternate products with identical properties
• 5.3 PORTER'S FIVE FORCES ANALYSIS
  • 5.3.1 THREAT OF NEW ENTRANTS
  • 5.3.2 THREAT OF SUBSTITUTES
  • 5.3.3 BARGAINING POWER OF SUPPLIERS
  • 5.3.4 BARGAINING POWER OF BUYERS
  • 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
• 5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.4.2 BUYING CRITERIA
• 5.5 MACROECONOMIC INDICATORS
  • 5.5.1 GDP TRENDS AND FORECAST

6 INDUSTRY TRENDS

• 6.1 SUPPLY CHAIN ANALYSIS
  • 6.1.1 RAW MATERIALS
  • 6.1.2 MANUFACTURING
  • 6.1.3 DISTRIBUTION NETWORK
  • 6.1.4 END-USE INDUSTRIES
• 6.2 PRICING ANALYSIS
  • 6.2.1 AVERAGE SELLING PRICE OF PET & PBT RESINS, BY KEY PLAYER, 2023
  • 6.2.2 AVERAGE SELLING PRICE TREND OF PET & PBT RESINS, BY REGION, 2021-2029
• 6.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 6.4 ECOSYSTEM ANALYSIS
• 6.5 CASE STUDY ANALYSIS
  • 6.5.1 HIGH-PERFORMANCE AUTOMOTIVE CONNECTORS
  • 6.5.2 ADVANCING POWER-POLE TECHNOLOGY
  • 6.5.3 ADVANCED MATERIAL ADOPTION FOR LIGHTWEIGHT AUTOMOTIVE DESIGN
• 6.6 TECHNOLOGY ANALYSIS
  • 6.6.1 KEY TECHNOLOGIES
    • 6.6.1.1 Recycling technology
  • 6.6.2 COMPLEMENTARY TECHNOLOGIES
    • 6.6.2.1 Compounding and reinforcement technologies
• 6.7 TRADE ANALYSIS
  • 6.7.1 IMPORT SCENARIO (HS CODE 390760)
  • 6.7.2 EXPORT SCENARIO (HS CODE 390760)
• 6.8 REGULATORY LANDSCAPE
  • 6.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 6.8.2 REGULATORY FRAMEWORK
    • 6.8.2.1 Food contact laws
      • 6.8.2.1.1 U.S. FDA (21 CFR §177.1630):
      • 6.8.2.1.2 EU regulation no. 10/2011
      • 6.8.2.1.3 China's GB 4806.6-2016
      • 6.8.2.1.4 Indian standard IS 12252:1987
    • 6.8.2.2 Environmental protection laws
    • 6.8.2.3 Recycling and sustainability laws
      • 6.8.2.3.1 Plastic pollution reduction acts (Various US states)
      • 6.8.2.3.2 European Union single-use plastics directive (Directive (EU) 2019/904)
      • 6.8.2.3.3 Japan's containers and packaging recycling law (1995)
• 6.9 KEY CONFERENCES AND EVENTS, 2025
• 6.10 INVESTMENT AND FUNDING SCENARIO
• 6.11 PATENT ANALYSIS
  • 6.11.1 METHODOLOGY
  • 6.11.2 DOCUMENT TYPES
  • 6.11.3 TOP APPLICANTS
  • 6.11.4 JURISDICTION ANALYSIS
• 6.12 IMPACT OF AI/GEN AI ON PET & PBT RESIN MARKET

7 PET RESIN MARKET, BY TYPE

• 7.1 INTRODUCTION
• 7.2 TRANSPARENT & NON-TRANSPARENT PET
  • 7.2.1 EFFECTIVE BARRIER AGAINST OXYGEN, WATER, CARBON DIOXIDE, AND NITROGEN FOR PACKAGED FOOD TO BOOST MARKET
• 7.3 RECYCLED PET
  • 7.3.1 REUSE AS PACKAGING MATERIAL TO DRIVE MARKET

8 PET RESIN, BY APPLICATION

• 8.1 INTRODUCTION
• 8.2 BOTTLES
  • 8.2.1 ENHANCEMENT OF QUALITY OF READY-TO-DRINK BEVERAGES AND FLAVORED WATER TO BOOST MARKET GROWTH
• 8.3 FILMS
  • 8.3.1 DEMAND FOR FOOD AND NON-FOOD-FILM APPLICATIONS TO DRIVE MARKET
• 8.4 FOOD PACKAGING
  • 8.4.1 CHEMICAL INERTNESS AND OTHER PHYSICAL PROPERTIES TO PROPEL MARKET
• 8.5 OTHER PET RESIN APPLICATIONS

9 PBT RESIN MARKET, BY APPLICATION

• 9.1 INTRODUCTION
• 9.2 ELECTRICAL & ELECTRONICS
  • 9.2.1 CHEMICAL & ABRASION RESISTANCE AND FLAME RETARDANCE THROUGH ADDITIVES TO FUEL MARKET
• 9.3 AUTOMOTIVE
  • 9.3.1 ELECTRICAL PROPERTIES, THERMAL STABILITY, AND SUPERIOR CHEMICAL RESISTANCE TO PROPEL MARKET
• 9.4 CONSUMER APPLIANCES
  • 9.4.1 EXCELLENT CHEMICAL RESISTANCE, SURFACE QUALITY, AND DIMENSIONAL STABILITY TO DRIVE GROWTH
• 9.5 OTHER PBT RESIN APPLICATIONS

10 PET & PBT RESIN MARKET, BY REGION

• 10.1 INTRODUCTION
• 10.2 ASIA PACIFIC
  • 10.2.1 CHINA
    • 10.2.1.1 High demand for PET resin for bottles and PBT for electronics & electricals to boost market
  • 10.2.2 INDIA
    • 10.2.2.1 Rapidly growing automobile sector to drive market
  • 10.2.3 SOUTH KOREA
    • 10.2.3.1 Demand for PET bottles and electrical & electronics to drive market
  • 10.2.4 JAPAN
    • 10.2.4.1 Automotive industry to drive demand
  • 10.2.5 THAILAND
    • 10.2.5.1 Economic growth and tourism to fuel market
  • 10.2.6 INDONESIA
    • 10.2.6.1 Food packaging and bottles applications to drive demand
  • 10.2.7 MALAYSIA
    • 10.2.7.1 Rising demand for food packaging and bottled beverages to propel growth
• 10.3 NORTH AMERICA
  • 10.3.1 US
    • 10.3.1.1 Demand from automotive, aerospace, chemicals, and electronics sectors to boost market
  • 10.3.2 CANADA
    • 10.3.2.1 Automotive industry to boost market
  • 10.3.3 MEXICO
    • 10.3.3.1 Rising demand from electrical & electronics and automotive sectors to propel market
• 10.4 EUROPE
  • 10.4.1 GERMANY
    • 10.4.1.1 Large automotive and packaging sectors to drive market
  • 10.4.2 FRANCE
    • 10.4.2.1 Large automotive sector to boost market
  • 10.4.3 UK
    • 10.4.3.1 Demand across automotive, electronics, packaging, and consumer goods industries to propel market growth
  • 10.4.4 ITALY
    • 10.4.4.1 Significant growth of online shopping industry to drive demand
  • 10.4.5 TURKEY
    • 10.4.5.1 Growing automobile production to drive market growth
  • 10.4.6 RUSSIA
    • 10.4.6.1 Launch of 12 national projects to provide significant growth opportunities
• 10.5 SOUTH AMERICA
  • 10.5.1 BRAZIL
    • 10.5.1.1 Automotive industry to offer high-growth potential for PBT manufacturers
• 10.6 MIDDLE EAST & AFRICA
  • 10.6.1 GCC COUNTRIES
    • 10.6.1.1 Saudi Arabia
      • 10.6.1.1.1 Rising demand for consumer goods and packaging industry to boost market
    • 10.6.1.2 UAE
      • 10.6.1.2.1 Government policies and R&D investments to drive market
  • 10.6.2 SOUTH AFRICA
    • 10.6.2.1 Low production costs and access to new markets to favor growth

11 COMPETITIVE LANDSCAPE

• 11.1 INTRODUCTION
• 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
  • 11.2.1 STRATEGIES ADOPTED BY KEY PET & PBT RESIN MANUFACTURERS, JANUARY 2019-JANUARY 2025
• 11.3 MARKET SHARE ANALYSIS, 2023
  • 11.3.1 PET RESIN MARKET
  • 11.3.2 PBT RESIN MARKET
• 11.4 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019-2023
• 11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
  • 11.5.1 STARS
  • 11.5.2 EMERGING LEADERS
  • 11.5.3 PERVASIVE PLAYERS
  • 11.5.4 PARTICIPANTS
  • 11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
    • 11.5.5.1 Company footprint
    • 11.5.5.2 Region footprint
    • 11.5.5.3 Type footprint
    • 11.5.5.4 Application footprint
• 11.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
  • 11.6.1 PROGRESSIVE COMPANIES
  • 11.6.2 RESPONSIVE COMPANIES
  • 11.6.3 DYNAMIC COMPANIES
  • 11.6.4 STARTING BLOCKS
  • 11.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    • 11.6.5.1 Detailed list of key startups/SMES
    • 11.6.5.2 Competitive benchmarking of key startups/SMEs
• 11.7 BRAND/PRODUCT COMPARISON
• 11.8 COMPANY VALUATION AND FINANCIAL METRICS
• 11.9 COMPETITIVE SCENARIO
  • 11.9.1 PRODUCT LAUNCHES
  • 11.9.2 DEALS
  • 11.9.3 EXPANSIONS

12 COMPANY PROFILES

• 12.1 MAJOR PLAYERS
  • 12.1.1 INDORAMA VENTURES PUBLIC COMPANY LIMITED
    • 12.1.1.1 Business overview
    • 12.1.1.2 Products/Solutions/Services offered
    • 12.1.1.3 Recent developments
      • 12.1.1.3.1 Deals
      • 12.1.1.3.2 Expansions
    • 12.1.1.4 MnM view
      • 12.1.1.4.1 Right to win
      • 12.1.1.4.2 Strategic choices
      • 12.1.1.4.3 Weaknesses and competitive threats
  • 12.1.2 ALPEK S.A.B. DE C.V.
    • 12.1.2.1 Business overview
    • 12.1.2.2 Products/Solutions/Services offered
    • 12.1.2.3 Recent developments
      • 12.1.2.3.1 Product launches
      • 12.1.2.3.2 Deals
    • 12.1.2.4 MnM view
      • 12.1.2.4.1 Right to win
      • 12.1.2.4.2 Strategic choices
      • 12.1.2.4.3 Weaknesses and competitive threats
  • 12.1.3 SABIC
    • 12.1.3.1 Business overview
    • 12.1.3.2 Products/Solutions/Services offered
    • 12.1.3.3 Recent developments
      • 12.1.3.3.1 Product launches
    • 12.1.3.4 MnM view
      • 12.1.3.4.1 Right to win
      • 12.1.3.4.2 Strategic choices
      • 12.1.3.4.3 Weaknesses and competitive threats
  • 12.1.4 BASF SE
    • 12.1.4.1 Business overview
    • 12.1.4.2 Products/Solutions/Services offered
    • 12.1.4.3 Recent developments
      • 12.1.4.3.1 Expansions
    • 12.1.4.4 MnM view
      • 12.1.4.4.1 Right to win
      • 12.1.4.4.2 Strategic choices
      • 12.1.4.4.3 Weaknesses and competitive threats
  • 12.1.5 LOTTE CHEMICAL CORPORATION
    • 12.1.5.1 Business overview
    • 12.1.5.2 Products/Solutions/Services offered
    • 12.1.5.3 Recent developments
      • 12.1.5.3.1 Expansions
    • 12.1.5.4 MnM view
      • 12.1.5.4.1 Right to win
      • 12.1.5.4.2 Strategic choices
      • 12.1.5.4.3 Weaknesses and competitive threats
  • 12.1.6 MITSUBISHI CHEMICAL GROUP CORPORATION
    • 12.1.6.1 Business overview
    • 12.1.6.2 Products/Solutions/Services offered
    • 12.1.6.3 Recent developments
      • 12.1.6.3.1 Product launches
  • 12.1.7 JIANGSU SANFANGXIANG GROUP CO., LTD.
    • 12.1.7.1 Business overview
    • 12.1.7.2 Products/Solutions/Services offered
  • 12.1.8 FAR EASTERN NEW CENTURY CORPORATION
    • 12.1.8.1 Business overview
    • 12.1.8.2 Products/Solutions/Services offered
    • 12.1.8.3 Recent developments
      • 12.1.8.3.1 Deals
      • 12.1.8.3.2 Expansions
  • 12.1.9 NAN YA PLASTICS CORPORATION
    • 12.1.9.1 Business overview
    • 12.1.9.2 Products/Solutions/Services offered
  • 12.1.10 RELIANCE INDUSTRIES LIMITED
    • 12.1.10.1 Business overview
    • 12.1.10.2 Products/Solutions/Services offered
    • 12.1.10.3 Recent developments
      • 12.1.10.3.1 Expansions
• 12.2 OTHER PLAYERS
  • 12.2.1 DUPONT DE NEMOURS, INC.
  • 12.2.2 TORAY INDUSTRIES, INC.
  • 12.2.3 LANXESS
  • 12.2.4 CELANESE CORPORATION
  • 12.2.5 CHANG CHUN GROUP
  • 12.2.6 JBF INDUSTRIES LIMITED
  • 12.2.7 EVONIK INDUSTRIES AG
  • 12.2.8 SUMILON GROUP
  • 12.2.9 MITSUI CHEMICALS, INC.
  • 12.2.10 SK CHEMICALS
  • 12.2.11 IWATANI CORPORATION
  • 12.2.12 KOLON INDUSTRIES, INC.
  • 12.2.13 HITEMP POLYMERS PVT. LTD.
  • 12.2.14 GRUPA AZOTY S.A.
  • 12.2.15 PLASTIPAK HOLDINGS, INC.

13 ADJACENT & RELATED MARKETS

• 13.1 INTRODUCTION
  • 13.1.1 LIMITATIONS
• 13.2 RECYCLED PET MARKET
  • 13.2.1 MARKET DEFINITION
  • 13.2.2 MARKET OVERVIEW
  • 13.2.3 RECYCLED PET MARKET, BY TYPE
  • 13.2.4 RECYCLED PET MARKET, BY SOURCE
  • 13.2.5 RECYCLED PET MARKET, BY APPLICATION
  • 13.2.6 RECYCLED PET MARKET, BY RECYCLING TECHNIQUES
  • 13.2.7 RECYCLED PET MARKET, BY REGION

14 APPENDIX

• 14.1 DISCUSSION GUIDE
• 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 14.3 CUSTOMIZATION OPTIONS
• 14.4 RELATED REPORTS
• 14.5 AUTHOR DETAILS