Study Period | 2017 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 5.38 Billion |
Market Size (2029) | USD 7.17 Billion |
CAGR (2024 - 2029) | 5.91 % |
Market Concentration | High |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Europe Polyethylene Terephthalate (PET) Market Analysis
The Europe Polyethylene Terephthalate (PET) Market size is estimated at 5.38 billion USD in 2024, and is expected to reach 7.17 billion USD by 2029, growing at a CAGR of 5.91% during the forecast period (2024-2029).
The European polyethylene terephthalate (PET) industry has established itself as a crucial component of the region's engineering plastics sector, accounting for approximately 22% of the total engineering plastics market revenue in 2022. This significant market position reflects the material's versatility and essential role across various industries, particularly in PET packaging and electronics applications. The industry's growth is being shaped by increasing environmental consciousness, with manufacturers focusing on sustainable production methods and recycled PET initiatives. The shift towards circular economy principles has led to innovations in polyethylene terephthalate PET manufacturing processes, with companies investing in technologies to increase the use of recycled PET content in their products.
The rapid expansion of e-commerce is fundamentally transforming the PET market in Europe, with the sector projected to reach approximately USD 1040.0 billion by 2027, up from USD 712.6 billion in 2023. This dramatic growth is driving substantial demand for PET packaging solutions, particularly in food and beverage applications. The material's lightweight properties, durability, and cost-effectiveness make it particularly suitable for e-commerce packaging requirements. Manufacturers are responding by developing specialized PET products that can withstand the rigors of online retail distribution while maintaining product integrity.
The electrical and electronics sector represents a significant growth avenue for the PET market, with production revenue expected to expand from USD 808.9 billion in 2023 to USD 1140.7 billion by 2027. This growth is driven by increasing demand for consumer electronics, which is projected to generate revenue of around USD 225.9 billion by 2027, up from USD 210.9 billion in 2023. The industry's evolution is characterized by technological advancements requiring high-performance materials, where PET's electrical insulation properties and thermal stability make it an ideal choice for various applications.
The packaging industry continues to be a primary driver of PET consumption, with plastic packaging production in Europe projected to increase from 31.4 tons in 2023 to approximately 39.8 tons by 2029. This growth reflects broader industry trends toward sustainable packaging solutions and improved material efficiency. Manufacturers are increasingly focusing on developing innovative PET polymer formulations that offer enhanced performance characteristics while meeting stringent environmental regulations. The industry is witnessing a significant shift towards circular economy principles, with companies investing in advanced recycling technologies and sustainable production methods to meet growing environmental concerns and regulatory requirements.
Europe Polyethylene Terephthalate (PET) Market Trends
Technological innovations to boost the consumer electronics market
- Europe's electrical and electronics production registered a CAGR of over 3.8% between 2017 and 2021. The rapid pace of electronic technological innovation is driving consistent demand for newer and faster electrical and electronic products. As a result, it has also increased the demand for electrical and electronics production in the region.
- Despite the increased demand for computers and laptops due to remote working and distance learning, the average revenue per user in the European consumer electronics segment dropped by 6.3%. It generated a revenue of around USD 252.1 billion in 2020. As a result, in 2020, the electrical and electronic production in the region decreased by 2.8% by revenue compared to the previous year.
- In 2021, Europe's electrical and electronic equipment exports were around USD 228.37 billion, 12.4% higher compared to 2020. As a result, electrical and electronic production in the region increased and registered 11.6% in 2021 compared to the previous year.
- Robotics, virtual reality and augmented reality, IoT (Internet of Things), and 5G connectivity are expected to grow during the forecast period. As a result of technological advancements, demand for consumer electronics is expected to rise during the forecast period. The consumer electronics segment in the region is projected to reach a revenue of around USD 157.2 billion in 2027 from USD 121.1 billion in 2023. By 2027, Europe is projected to be the second-largest electrical and electronics production accounting for around 12.7% of the global market. As a result, the rise in consumer electronics is projected to increase the demand for electrical and electronics production in the coming years.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Demand for commercial and military aircraft to drive the component production growth
- EU government policies and initiatives to augment the construction industry
- Europe to remain major exporter of PET in the global trade
- Bottles to remain dominant in the coming years
- Electric vehicles to foster the growth of automobile production
- E-commerce and flexible packaging to boost the plastic packaging market
- Crude oil prices to impact the PET resin price during the forecast period
- Under the EU's Packaging and Packaging Waste Directive PET drinking bottles must contain at least 25% recycled plastic by 2025
Segment Analysis: End User Industry
Packaging Segment in Europe PET Market
The PET packaging segment dominates the European polyethylene terephthalate (PET) market, accounting for approximately 98% of the total market volume in 2024. This substantial market share is primarily driven by the extensive use of PET in food and beverage packaging applications, particularly in convenience-sized soft drinks, juices, and PET bottles. The segment's dominance is further reinforced by the growing e-commerce sector in the region, which is projected to reach approximately USD 1040 billion by 2027. The food and beverage industry's strong presence in Europe, with a turnover of over EUR 1.1 trillion, continues to fuel the demand for PET packaging solutions. Additionally, the increasing focus on sustainable packaging solutions and the rising adoption of recycled PET (rPET) in packaging applications are contributing to the segment's market leadership.

Electrical & Electronics Segment in Europe PET Market
The electrical and electronics segment is emerging as the fastest-growing segment in the European PET market, projected to grow at approximately 5% CAGR from 2024 to 2029. This growth is primarily driven by the increasing adoption of PET in various applications such as coil forms, electrical encapsulation, electrical devices, solenoids, and smart meters. The segment's expansion is supported by the robust growth of the European electrical and electronics industry, with production revenue expected to reach USD 1140.7 billion by 2027. The rising demand for consumer electronics, coupled with technological advancements in areas such as robotics, virtual reality, augmented reality, IoT, and 5G connectivity, is further accelerating the adoption of PET materials in this sector.
Remaining Segments in End User Industry
The other segments in the European PET market include industrial and machinery, building and construction, and automotive sectors. The industrial and machinery segment utilizes PET in food processing machinery applications and various industrial equipment components. The building and construction sector employs PET in exterior wall ceilings and as an additive in concrete construction, while the automotive segment incorporates PET in exterior body parts, engine covers, connector housings, and headlamp retainers. These segments, although smaller in market share, play crucial roles in diversifying PET applications and contributing to the overall market growth through continuous innovation and development of new applications.
Europe Polyethylene Terephthalate (PET) Market Geography Segment Analysis
Polyethylene Terephthalate (PET) Market in Russia
Russia dominates the European polyethylene terephthalate (PET) market, with approximately 19% share of the total regional consumption in 2024. The country's prominence in the PET market is primarily driven by its robust packaging industry, particularly in food and beverage applications. The market is expected to grow at nearly 5% annually from 2024 to 2029, making it the fastest-growing market in Europe. The electrical and electronics industry has emerged as a significant growth driver, with manufacturers increasingly utilizing PET in various electronic components and devices. The country's strategic focus on developing its packaging infrastructure, coupled with growing domestic demand for packaged food and beverages, continues to fuel market expansion. Additionally, Russia's commitment to modernizing its manufacturing capabilities and increasing investment in sustainable PET packaging solutions has strengthened its position in the European PET market. The presence of major PET manufacturers and ongoing technological advancements in production processes further solidifies Russia's market leadership.
Polyethylene Terephthalate (PET) Market in Germany
Germany maintains its position as a crucial hub for PET consumption in Europe, driven by its well-established packaging, automotive, and electrical industries. The country's market is characterized by strong technological innovation and a growing emphasis on sustainable polyethylene terephthalate solutions. German manufacturers are increasingly focusing on developing recycled PET products, aligning with the country's stringent environmental regulations and sustainability goals. The automotive sector's continuous demand for lightweight materials has created new opportunities for PET applications, particularly in vehicle components and interior materials. The country's robust research and development infrastructure has facilitated the development of advanced PET formulations, meeting specific industry requirements. Furthermore, Germany's strategic location and excellent logistics infrastructure have made it a preferred destination for PET manufacturers and processors, enabling efficient distribution across Europe. The presence of major end-user industries and ongoing investments in manufacturing capabilities continue to drive market growth.
Polyethylene Terephthalate (PET) Market in Italy
Italy's PET market demonstrates strong fundamentals, supported by its diverse industrial base and growing emphasis on sustainable PET packaging solutions. The country's packaging industry, particularly in food and beverage applications, remains the primary driver of PET consumption. Italian manufacturers have shown remarkable innovation in developing specialized PET grades for various applications, from traditional packaging to advanced industrial uses. The country's strong focus on quality and design in packaging solutions has created unique opportunities for PET applications in premium products. The electrical and electronics sector has emerged as a significant growth driver, with manufacturers increasingly utilizing PET in various components. Italy's commitment to circular economy principles has led to increased investment in PET recycling infrastructure, creating new market opportunities. The presence of well-established manufacturing facilities and continuous technological improvements further strengthens Italy's position in the European PET market.
Polyethylene Terephthalate (PET) Market in Other Countries
The PET market in other European countries, including France, Spain, Belgium, Poland, and the Netherlands, exhibits diverse growth patterns influenced by local industrial development and regulatory frameworks. These markets are characterized by varying levels of technological advancement and different approaches to sustainability initiatives. The packaging industry remains the primary driver across these countries, with growing emphasis on recycled PET content in packaging applications. Regional variations in industrial development and consumer preferences have led to unique market dynamics in each country. The presence of both established manufacturers and emerging players creates a competitive environment that drives innovation and market development. These countries demonstrate strong potential for future growth, particularly in specialized applications and sustainable solutions. The ongoing transition towards circular economy principles and increasing focus on environmental sustainability continue to shape market development across these regions.
Europe Polyethylene Terephthalate (PET) Industry Overview
Top Companies in Europe Polyethylene Terephthalate (PET) Market
The leading companies in the European Polyethylene Terephthalate (PET) market are demonstrating a strong commitment to innovation and sustainability through various strategic initiatives. Product development efforts are primarily focused on creating recycled PET grades and sustainable packaging solutions to meet growing environmental concerns and regulatory requirements. Companies are expanding their production capacities through strategic acquisitions of manufacturing facilities, particularly in key markets like the United Kingdom and Eastern Europe. Operational agility is being enhanced through vertical integration strategies, with companies establishing control over PET raw material supply chains and investing in advanced manufacturing technologies. The industry is witnessing increased collaboration between manufacturers and end-users, particularly in the beverage sector, to develop customized solutions and strengthen market positions. Additionally, companies are investing in research and development to improve product quality and processing efficiency while reducing environmental impact.
Market Dominated by Global Chemical Conglomerates
The European PET market structure is characterized by the strong presence of large multinational chemical corporations with diverse product portfolios. These established players leverage their extensive distribution networks, technical expertise, and economies of scale to maintain their market positions. The market shows a high degree of consolidation, with the top five companies controlling a significant portion of the regional production capacity. The competitive landscape is marked by a mix of global chemical conglomerates and specialized PET manufacturers, with the former having advantages in terms of backward integration and financial resources.
The market has witnessed significant merger and acquisition activity, particularly focused on expanding geographical presence and acquiring technological capabilities. Companies are strategically acquiring PET manufacturing facilities in key European markets to strengthen their regional footprint and better serve local customers. The trend of consolidation is expected to continue as companies seek to achieve greater operational efficiency and market share. Vertical integration has become a key strategy, with companies acquiring businesses across the value chain to secure virgin PET supply and enhance cost competitiveness.
Innovation and Sustainability Drive Future Success
For incumbent players to maintain and expand their market share, focusing on sustainable product development and operational efficiency will be crucial. Companies need to invest in recycling technologies and develop products with higher recycled PET content to meet evolving regulatory requirements and customer preferences. Building strong relationships with key end-users, particularly in the packaging industry, while diversifying into high-growth applications like electrical and electronics will be essential. Operational excellence through digital transformation and automation will help maintain cost competitiveness, while investment in research and development will drive product innovation.
New entrants and smaller players can gain ground by focusing on niche markets and specialized applications where larger players may have less presence. Developing innovative solutions for specific end-user requirements, particularly in emerging applications like sustainable packaging and electrical components, can provide opportunities for growth. Success will depend on building strong technical capabilities, establishing efficient distribution networks, and forming strategic partnerships with key stakeholders. Companies must also prepare for potential regulatory changes, particularly regarding recycling requirements and environmental standards, while maintaining flexibility to adapt to changing market conditions and customer needs.
Europe Polyethylene Terephthalate (PET) Market Leaders
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Equipolymers
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Indorama Ventures Public Company Limited
-
JBF Industries Ltd
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NEO GROUP
-
SIBUR Holding PJSC
- *Disclaimer: Major Players sorted in no particular order
Europe Polyethylene Terephthalate (PET) Market News
- November 2022: NOVAPET, S.A. launched ultra-thin-walled PET cups containing 30% recycled PET using Novapet SPRIT B21.
- September 2022: SIBUR launched the production of PET granules using recycled feedstock. The new product, Vivilen rPET granules, contains up to 25–30% recycled polymers and will now be manufactured at POLIEF.
- June 2022: Alpek acquired OCTAL, which increased Alpek's PET resin capacity by 576,000 tons, helping it meet customers' increased demand.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.
Europe Polyethylene Terephthalate (PET) Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
-
4.1 End User Trends
- 4.1.1 Aerospace
- 4.1.2 Automotive
- 4.1.3 Building and Construction
- 4.1.4 Electrical and Electronics
- 4.1.5 Packaging
-
4.2 Import And Export Trends
- 4.2.1 Polyethylene Terephthalate (PET) Trade
- 4.3 Price Trends
- 4.4 Form Trends
-
4.5 Recycling Overview
- 4.5.1 Polyethylene Terephthalate (PET) Recycling Trends
-
4.6 Regulatory Framework
- 4.6.1 EU
- 4.6.2 France
- 4.6.3 Germany
- 4.6.4 Italy
- 4.6.5 Russia
- 4.6.6 United Kingdom
- 4.7 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
-
5.1 End User Industry
- 5.1.1 Automotive
- 5.1.2 Building and Construction
- 5.1.3 Electrical and Electronics
- 5.1.4 Industrial and Machinery
- 5.1.5 Packaging
- 5.1.6 Other End-user Industries
-
5.2 Country
- 5.2.1 France
- 5.2.2 Germany
- 5.2.3 Italy
- 5.2.4 Russia
- 5.2.5 United Kingdom
- 5.2.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
-
6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 Alfa S.A.B. de C.V.
- 6.4.2 Equipolymers
- 6.4.3 Indorama Ventures Public Company Limited
- 6.4.4 JBF Industries Ltd
- 6.4.5 Meltem Kimya
- 6.4.6 NEO GROUP
- 6.4.7 Novapet
- 6.4.8 Polyplex
- 6.4.9 SIBUR Holding PJSC
- 6.4.10 Tatneft
7. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS
8. APPENDIX
-
8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, EUROPE, 2017 - 2029
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, EUROPE, 2017 - 2029
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, EUROPE, 2017 - 2029
- Figure 4:
- PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, EUROPE, 2017 - 2029
- Figure 5:
- PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, EUROPE, 2017 - 2029
- Figure 6:
- IMPORT REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) TRADE BY TOP COUNTRIES, USD, EUROPE, 2017 - 2021
- Figure 7:
- EXPORT REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) TRADE BY TOP COUNTRIES, USD, EUROPE, 2017 - 2021
- Figure 8:
- EUROPE POLYETHYLENE TEREPHTHALATE (PET) MARKET, PRICE TRENDS, BY COUNTRY, USD PER KG, 2017-2021
- Figure 9:
- REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) BY FORM TYPE, USD, EUROPE, 2017, 2023, AND 2029
- Figure 10:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, EUROPE, 2017 - 2029
- Figure 11:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, EUROPE, 2017 - 2029
- Figure 12:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, TONS, EUROPE, 2017 - 2029
- Figure 13:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, USD, EUROPE, 2017 - 2029
- Figure 14:
- VOLUME SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, EUROPE, 2017, 2023, AND 2029
- Figure 15:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, EUROPE, 2017, 2023, AND 2029
- Figure 16:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, EUROPE, 2017 - 2029
- Figure 17:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN AUTOMOTIVE INDUSTRY, USD, EUROPE, 2017 - 2029
- Figure 18:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN AUTOMOTIVE INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
- Figure 19:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, EUROPE, 2017 - 2029
- Figure 20:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, EUROPE, 2017 - 2029
- Figure 21:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
- Figure 22:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, EUROPE, 2017 - 2029
- Figure 23:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, EUROPE, 2017 - 2029
- Figure 24:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
- Figure 25:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, EUROPE, 2017 - 2029
- Figure 26:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, EUROPE, 2017 - 2029
- Figure 27:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
- Figure 28:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN PACKAGING INDUSTRY, TONS, EUROPE, 2017 - 2029
- Figure 29:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN PACKAGING INDUSTRY, USD, EUROPE, 2017 - 2029
- Figure 30:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN PACKAGING INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
- Figure 31:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, EUROPE, 2017 - 2029
- Figure 32:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, EUROPE, 2017 - 2029
- Figure 33:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
- Figure 34:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, TONS, EUROPE, 2017 - 2029
- Figure 35:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, USD, EUROPE, 2017 - 2029
- Figure 36:
- VOLUME SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
- Figure 37:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
- Figure 38:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, FRANCE, 2017 - 2029
- Figure 39:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, FRANCE, 2017 - 2029
- Figure 40:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, FRANCE, 2022 VS 2029
- Figure 41:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, GERMANY, 2017 - 2029
- Figure 42:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, GERMANY, 2017 - 2029
- Figure 43:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
- Figure 44:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, ITALY, 2017 - 2029
- Figure 45:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, ITALY, 2017 - 2029
- Figure 46:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, ITALY, 2022 VS 2029
- Figure 47:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, RUSSIA, 2017 - 2029
- Figure 48:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, RUSSIA, 2017 - 2029
- Figure 49:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, RUSSIA, 2022 VS 2029
- Figure 50:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, UNITED KINGDOM, 2017 - 2029
- Figure 51:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, UNITED KINGDOM, 2017 - 2029
- Figure 52:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, UNITED KINGDOM, 2022 VS 2029
- Figure 53:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, REST OF EUROPE, 2017 - 2029
- Figure 54:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, REST OF EUROPE, 2017 - 2029
- Figure 55:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, REST OF EUROPE, 2022 VS 2029
- Figure 56:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, EUROPE, 2019 - 2021
- Figure 57:
- MOST ADOPTED STRATEGIES, COUNT, EUROPE, 2019 - 2021
- Figure 58:
- PRODUCTION CAPACITY SHARE OF POLYETHYLENE TEREPHTHALATE (PET) BY MAJOR PLAYERS, %, EUROPE, 2022
Europe Polyethylene Terephthalate (PET) Industry Segmentation
Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. France, Germany, Italy, Russia, United Kingdom are covered as segments by Country.End User Industry | Automotive |
Building and Construction | |
Electrical and Electronics | |
Industrial and Machinery | |
Packaging | |
Other End-user Industries | |
Country | France |
Germany | |
Italy | |
Russia | |
United Kingdom | |
Rest of Europe |
Market Definition
- End-user Industry - Building & Construction, Packaging, Automotive, Industrial Machinery, Electrical & Electronics, and Others are the end-user industries considered under the polyethylene terephthalate market.
- Resin - Under the scope of the study, virgin polyethylene terephthalate resin in primary forms such as liquid, powder, pellet, etc. are considered.
Keyword | Definition |
---|---|
Acetal | This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc. |
Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
Cast film | A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion. |
Colorants & Pigments | Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix. |
Composite material | A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements. |
Degree of Polymerization (DP) | The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands. |
Dispersion | To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion. |
Fiberglass | Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass. |
Fiber-reinforced polymer (FRP) | Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt. |
Flake | This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics. |
Fluoropolymers | This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc. |
Kevlar | Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid. |
Laminate | A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width. |
Nylon | They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids. |
PET preform | A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container. |
Plastic compounding | Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers. |
Plastic pellets | Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic. |
Polymerization | It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds. |
Styrene Copolymers | A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate. |
Thermoplastics | Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties. |
Virgin Plastic | It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms