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Polyethylene Terephthalate Additives Trends and Forecast
The future of the global polyethylene terephthalate additives market looks promising with opportunities in the packaging, textile, automotive, electrical & electronics, and construction markets. The global polyethylene terephthalate additives market is expected to reach an estimated $2.1 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are growing demand for pet additives in packaging industry, rising beverage consumption, and increasing emphasis on sustainability and recycling products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Polyethylene Terephthalate Additives by Segment
The study includes a forecast for the global polyethylene terephthalate additives by function, application, and region.
Polyethylene Terephthalate Additives Market by Function [Shipment Analysis by Value from 2018 to 2030]:
• Color Addition
• Ultraviolet Light Barrier
• Oxygen Scavenging
• Acetaldehyde Scavenging
• Flame Resistance
• Chain Extender
• Odor Scavenger
• Reheat
• Others
Polyethylene Terephthalate Additives Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Packaging
• Textile
• Automotive
• Electrical & Electronics
• Construction
• Others
Polyethylene Terephthalate Additives Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Polyethylene Terephthalate Additives Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyethylene terephthalate additives companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyethylene terephthalate additives companies profiled in this report include-
• Avient Corporation
• LyondellBasell Industries
• NYACOL Nano Technologies
• Gabriel-Chemie
• Sukano AG
• Yildiz Kolor
• Holland Colours
Polyethylene Terephthalate Additives Market Insights
Lucintel forecasts that ultraviolet light barrier will remain the largest segment over the forecast period due to increasing demand for ultraviolet light barriers in pet packaging to protect food and beverages from spoilage and extend their shelf life.
APAC is expected to witness highest growth over the forecast period due to rapid industrialization and urbanization and growth in the building and construction, automotive, and agriculture industry.
Features of the Global Polyethylene Terephthalate Additives Market
Market Size Estimates: Polyethylene terephthalate additives market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Polyethylene terephthalate additives market size by function, application, and region in terms of value ($B).
Regional Analysis: Polyethylene terephthalate additives market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different function, application, and regions for the polyethylene terephthalate additives market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyethylene terephthalate additives market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the polyethylene terephthalate additives market size?
Answer: The global polyethylene terephthalate additives market is expected to reach an estimated $2.1 billion by 2030.
Q2. What is the growth forecast for polyethylene terephthalate additives market?
Answer: The global polyethylene terephthalate additives market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the polyethylene terephthalate additives market?
Answer: The major drivers for this market are growing demand for pet additives in packaging industry, rising beverage consumption, and increasing emphasis on sustainability and recycling products.
Q4. What are the major segments for polyethylene terephthalate additives market?
Answer: The future of the global polyethylene terephthalate additives market looks promising with opportunities in the packaging, textile, automotive, electrical & electronics, and construction markets.
Q5. Who are the key polyethylene terephthalate additives market companies?
Answer: Some of the key polyethylene terephthalate additives companies are as follows:
• Avient Corporation
• LyondellBasell Industries
• NYACOL Nano Technologies
• Gabriel-Chemie
• Sukano AG
• Yildiz Kolor
• Holland Colours
Q6. Which polyethylene terephthalate additives market segment will be the largest in future?
Answer: Lucintel forecasts that ultraviolet light barrier will remain the largest segment over the forecast period due to increasing demand for ultraviolet light barriers in pet packaging to protect food and beverages from spoilage and extend their shelf life.
Q7. In polyethylene terephthalate additives market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid industrialization and urbanization and growth in the building and construction, automotive, and agriculture industry.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polyethylene terephthalate additives market by function (color addition, ultraviolet light barrier, oxygen scavenging, acetaldehyde scavenging, flame resistance, chain extender, odor scavenger, reheat, and others), application (packaging, textile, automotive, electrical & electronics, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Polyethylene Terephthalate Additives Market, Polyethylene Terephthalate Additives Market Size, Polyethylene Terephthalate Additives Market Growth, Polyethylene Terephthalate Additives Market Analysis, Polyethylene Terephthalate Additives Market Report, Polyethylene Terephthalate Additives Market Share, Polyethylene Terephthalate Additives Market Trends, Polyethylene Terephthalate Additives Market Forecast, Polyethylene Terephthalate Additives Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Polyethylene Terephthalate Additives Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Polyethylene Terephthalate Additives Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Polyethylene Terephthalate Additives Market by Function
3.3.1: Color Addition
3.3.2: Ultraviolet Light Barrier
3.3.3: Oxygen Scavenging
3.3.4: Acetaldehyde Scavenging
3.3.5: Flame Resistance
3.3.6: Chain Extender
3.3.7: Odor Scavenger
3.3.8: Reheat
3.3.9: Others
3.4: Global Polyethylene Terephthalate Additives Market by Application
3.4.1: Packaging
3.4.2: Textile
3.4.3: Automotive
3.4.4: Electrical & Electronics
3.4.5: Construction
3.4.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Polyethylene Terephthalate Additives Market by Region
4.2: North American Polyethylene Terephthalate Additives Market
4.2.2: North American Polyethylene Terephthalate Additives Market by Application: Packaging, Textile, Automotive, Electrical & Electronics, Construction, and Others
4.3: European Polyethylene Terephthalate Additives Market
4.3.1: European Polyethylene Terephthalate Additives Market by Function: Color Addition, Ultraviolet Light Barrier, Oxygen Scavenging, Acetaldehyde Scavenging, Flame Resistance, Chain Extender, Odor Scavenger, Reheat, and Others
4.3.2: European Polyethylene Terephthalate Additives Market by Application: Packaging, Textile, Automotive, Electrical & Electronics, Construction, and Others
4.4: APAC Polyethylene Terephthalate Additives Market
4.4.1: APAC Polyethylene Terephthalate Additives Market by Function: Color Addition, Ultraviolet Light Barrier, Oxygen Scavenging, Acetaldehyde Scavenging, Flame Resistance, Chain Extender, Odor Scavenger, Reheat, and Others
4.4.2: APAC Polyethylene Terephthalate Additives Market by Application: Packaging, Textile, Automotive, Electrical & Electronics, Construction, and Others
4.5: ROW Polyethylene Terephthalate Additives Market
4.5.1: ROW Polyethylene Terephthalate Additives Market by Function: Color Addition, Ultraviolet Light Barrier, Oxygen Scavenging, Acetaldehyde Scavenging, Flame Resistance, Chain Extender, Odor Scavenger, Reheat, and Others
4.5.2: ROW Polyethylene Terephthalate Additives Market by Application: Packaging, Textile, Automotive, Electrical & Electronics, Construction, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Polyethylene Terephthalate Additives Market by Function
6.1.2: Growth Opportunities for the Global Polyethylene Terephthalate Additives Market by Application
6.1.3: Growth Opportunities for the Global Polyethylene Terephthalate Additives Market by Region
6.2: Emerging Trends in the Global Polyethylene Terephthalate Additives Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Polyethylene Terephthalate Additives Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Polyethylene Terephthalate Additives Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Avient Corporation
7.2: LyondellBasell Industries
7.3: NYACOL Nano Technologies
7.4: Gabriel-Chemie
7.5: Sukano AG
7.6: Yildiz Kolor
7.7: Holland Colours
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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