Business Services News

Business Services News

Breaking News on Business Services

Home > Business Services Search Engine                                 

Business Services News -- Video Feeds
  • Advertising
  • Careers
  • Corporate news
  • Economy
  • Markets
  • Small Business
  • Personal Finance
  • Regulatory and Compliance
  • Business News

    Crystalline Polyethylene Terephthalate Market Development Trends & Competitive Analysis by Leading Industry Players | MarketsandMarkets
    (I-BusinessNews.Com, November 13, 2021 ) The report "Crystalline Polyethylene Terephthalate Market by Applications (Food Packaging and Beverage Packaging); & by Region (Asia-Pacific, Europe, North America, and Rest of the World) - Global Trends & Forecasts to 2020", The crystalline polyethylene terephthalate (Crystalline PET) market is projected to reach USD 12.16 Billion by 2020 at a CAGR of 9.0% from 2015 to 2020. This growth is driven by the increasing demand from the food and beverage industry and films/sheets. Asia-Pacific is the largest market for crystalline PET due to presence of large manufacturing base in this region. North America and Europe are established market with major global players present in these regions.

    Request a Report Sample to Gain Valuable Insights athttps://www.marketsandmarkets.com/requestsampleNew.asp?id=170022064

    Food Packaging segment is expected to dominate crystalline PET market by 2020

    Crystalline PET in the food packaging industry is expected to contribute the maximum share in this market by 2020. Increased demand from the packaged food industry is driving growth in this segment. Physical and chemical properties of C-PET makes it preferable in the packaging industry over other polymers. Also, PET is one of the most recycled polymers, which is another reason for the increasing usage of C-PET in the food packaging industry. Apart from food packaging, beverage packaging is other major application of crystalline PET.

    Asia-Pacific region to dominate Crystalline PET market during the forecast period

    Asia-Pacific accounted for the largest share of the crystalline polyethylene terephthalate market in 2014, followed by Europe and North America. The Asia-Pacific and European regions are further expected to show a high growth in the future. The growth is attributed to the increased consumption of packaged food and more purchasing power of the masses.

    The report focuses on the current market trends, estimates and forecasts for the period 2014-2020. Key strategic activities in the market including mergers/acquisitions, collaborations/partnerships, product launches/developments have been covered which provides a deep insight about the growth perspectives of the market. New product developments and expansions have been a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of Crystalline PET to match the new demands coming from various end-user industries. The report covers crystalline PET market by application and region. On the basis of application, the market is segmented into Food Packaging and Beverage Packaging. Food packaging is further segmented in terms of product forms which includes, Films/sheets, LID, Cups, and Trays. Beverage packaging covers the market for bottles used for packaging of drinking water and other soft drinks. In terms of region, the market is segmented into Asia-Pacific, North America, Europe, and RoW.

    Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solutions for Your Business athttps://www.marketsandmarkets.com/speaktoanalystNew.asp?id=170022064

    The key players operating in the global crystalline PET market are Bayer MaterialScience AG (Germany), La Seda De Barcelona (Spain), Petrotemex S.A. de C.V. (Mexico), Quadrant (Switzerland), Indorama Ventures Public Limited Company (Netherlands), and DAK Americas LLC (U.S.), among others.

    About MarketsandMarkets

    MarketsandMarkets is worlds No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

    M&Ms flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

    We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.



    MarketsandMarkets

    Mr. Aashish Mehra

    1-888-600-6441

    raviraj.tak@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Business News Feeds
  • Business News - Top Stories
  • Company Earnings
  • Economy
  • Personal Finance
  • Real Estate
  • Stock Markets
  • Business Services Sponsors

    Business Services Ads

    Business Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    CIO Insight
    Managed Healthcare Executive
    Mortgage Technology

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.

    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    I-BusinessNews.Com is a business news service of GroupWeb Media LLC