Polyethylene terephthalate (PET) is a strong, lightweight, and recyclable polymer widely used in the production of beverage bottles, food containers, packaging materials, and fiber applications. The increasing demand for PET bottles in various industries such as food and beverages, pharmaceuticals, and personal care is driving the growth of the global polyethylene terephthalate market. PET bottles offer several advantages including transparency, durability, and ... Read more
The Polyethylene Terephthalate (PET) Market is estimated to be valued at US$ 46.46 Bn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Polyethylene terephthalate, commonly referred to as PET, is a thermoplastic polymer resin of the polyester family that is clear, tough, and versatile. It is widely used for packaging applications ... Read more