PET Compounding Market Size, Industry Key Players, & Scenario By 2029
Data Bridge Market Research analyses that the polyethylene terephthalate (PET) compounding market is expected to undergo a CAGR of 4.80 % during the forecast period. This indicates that the market value, which was USD 5,130.00 million in 2021, would rocket up to USD 7464.62 million by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Market Definition
Polyethylene terephthalate (PET) is a thermoplastic polyester engineering resin and Compounding refers to the melting and mixing of polymers with several additional substances. When used as an injection molding compound, PET must be protected with glass and/or minerals. The compounding process changes the plastic's physical, electrical, thermal, and aesthetic properties. Thus, polyethylene terephthalate (PET) compounding process is used widely in masterbatch plastics and engineering plastics.
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Some of the major players operating in the polyethylene terephthalate (PET) compounding market are:
- AVERY DENNISON CORPORATION (U.S.)
- Dupont (U.S.)
- Dow (U.S.)
- 3M (U.S.)
- H.B. Fuller Company (U.S.)
- Sealed Air (U.S.)
- SABIC (Saudi Arabia)
- Arkema (France)
- LyondellBasell (Netherlands)
- Exxon Mobil Corporation (U.S.)
- Mitsui Chemicals Inc., (Japan)
- Braskem (Brazil)
- TotalEnergies (France)
- Novamont SpA (Italy)
- SOLVAY (Belgium)
- DAIKIN (Japan)
- Biome Bioplastics (UK)
- PTT Global Chemical Public Company Limited (Thailand)
- KURARAY CO., LTD. (Japan)
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PET Compounding Market Regional Analysis/Insights
The PET Compounding market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the PET Compounding market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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