Market Size of Amorphous Polyethylene Terephthalate Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.00 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Amorphous Polyethylene Terephthalate (APET) Market Analysis
The market for Amorphous Polyethylene Terephthalate is expected to grow at a CAGR of 4 % globally during the forecast period. Major factors driving the market studied are increasing application in the food & beverage industry and growing demand owing to its wide range of applications. On the flip side, stringent environmental regulations and the negative impact of COVID-19 outbreak on the market are expected to hinder the growth of the market studied.
- Increasing demand owing to the wide range of applications in food packaging, and other applications are expected to drive the market for an amorphous polyethylene terephthalate market during the forecast period.
- Asia-Pacific is expected to dominate the market across the globe with the largest consumption coming from China, Japan, and India
