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Global Polyethylene Terephthalate Market 2017-2021 - Research and Markets

Monday, Feb 20, 2017

Research and Markets has announced the addition of the "Global Polyethylene Terephthalate Market 2017-2021" report to their offering.

The report covers the present scenario and the growth prospects of the global PET market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of PET in the global market.

People in many countries are raising environmental and sustainability concerns with packaging manufacturers. Many consumer product manufacturers prefer using eco-friendly packaging materials as they provide an opportunity to promote environmental sustainability. The increased environmental concerns and the need to reduce pollution have led to more emphasis on the sustainability of the environment.

In packaging, plastic and resins derived from renewable resources are being emphasized. These factors are expected to encourage the packaging vendors to research and develop new materials or incorporate new eco-friendly designs that encourage minimal use of non-biodegradable materials in packaging. Therefore, they prefer to use recyclable and biodegradable packaging materials

Key vendors

- DuPont

- FENC

- Indorama Ventures

- Jiangsu Sanfangxiang

- M&G Chemicals

- SABIC

Other prominent vendors

- Covestro

- DAK Americas

- Quadrant

- Seda De Barcelona

- NEOGROUP

Market drivers

- Increase in consumption of packaging material

- For a full, detailed list, view the full report

Market challenges

- Volatility in crude oil prices

- For a full, detailed list, view the full report

Market trends

- Increase in use of bio-based PET products

- For a full, detailed list, view the full report

For more information about this report visit http://www.researchandmarkets.com/research/f2jxth/global
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Source:businesswire.com

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