PET Film Market Share, Size, Forecast |Industry Report 2026
The PET Film Market is expected to grow at a CAGR of XX% to reach a market value of USD XX million by 2026.
(EMAILWIRE.COM, October 11, 2019 ) Market Overview:
Polyester or polyethylene terephthalate (PET) is a high-performance, crystal clear thermoplastic made from ethylene glycol and dimethyl terephthalate (DMT). In comparison with other common plastic films, PET film has higher tensile strength, excellent dimensional stability, low moisture absorption, and good retention of physical properties over a fairly wide temperature range.
Market Dynamics:
The PET Film Market is primarily driven by rising demand of flexible packaging. The driving force for flexible packaging are factors such as the increase in demand for convenient packaging needed in the food & beverages and pharmaceutical industries.
However, due to volatility in the prices of crude oil which the raw material for the PET resins acts as a hindrance to the PET film market.
Market Segmentation:
By application type, the PET Film Market is segmented into Flexible packaging and food contact applications, Solar, marine and aviation applications, covering over paper, Insulating material, Electronic and acoustic applications, and Others.
Flexible packaging and food contact applications type has the high dominance in this segment due to the property of PET Film having low odor, high chemical resistance and inertness that makes it suitable for packaging applications under FDA regulations. Followed by First Grade, and Qualified Grade.
Geographical Analysis:
By geography, the PET Film Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and Middle East and Africa (MEA).
APAC holds the largest market share for PET Film due to rapid industrialization and infrastructural development activities along with the high production and sales of electrical & electronics products in the region. However, North America is after APAC in terms of market share of PET Film Market, followed by Europe.
Competitive Analysis:
Key players are adopting strategies such as Acquistion, mergers, joint ventures, and investment in R&D to stand out as strong competitors in the market. The PET Film market is high fragmented market. The major players include Dupont Teijin Films, Jindal Poly Films, Mitsubishi Chemical Holdings, SKC, and Toray. Other key players in the market include Tredegar, KOLON Industries, Ningbo Sun plastics , Coveme , and Jiangsu Shuangxing.
View full report: https://www.datamintelligence.com/research-report/pet-film-market
Download free sample: https://www.datamintelligence.com/download-sample/pet-film-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Polyester or polyethylene terephthalate (PET) is a high-performance, crystal clear thermoplastic made from ethylene glycol and dimethyl terephthalate (DMT). In comparison with other common plastic films, PET film has higher tensile strength, excellent dimensional stability, low moisture absorption, and good retention of physical properties over a fairly wide temperature range.
Market Dynamics:
The PET Film Market is primarily driven by rising demand of flexible packaging. The driving force for flexible packaging are factors such as the increase in demand for convenient packaging needed in the food & beverages and pharmaceutical industries.
However, due to volatility in the prices of crude oil which the raw material for the PET resins acts as a hindrance to the PET film market.
Market Segmentation:
By application type, the PET Film Market is segmented into Flexible packaging and food contact applications, Solar, marine and aviation applications, covering over paper, Insulating material, Electronic and acoustic applications, and Others.
Flexible packaging and food contact applications type has the high dominance in this segment due to the property of PET Film having low odor, high chemical resistance and inertness that makes it suitable for packaging applications under FDA regulations. Followed by First Grade, and Qualified Grade.
Geographical Analysis:
By geography, the PET Film Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and Middle East and Africa (MEA).
APAC holds the largest market share for PET Film due to rapid industrialization and infrastructural development activities along with the high production and sales of electrical & electronics products in the region. However, North America is after APAC in terms of market share of PET Film Market, followed by Europe.
Competitive Analysis:
Key players are adopting strategies such as Acquistion, mergers, joint ventures, and investment in R&D to stand out as strong competitors in the market. The PET Film market is high fragmented market. The major players include Dupont Teijin Films, Jindal Poly Films, Mitsubishi Chemical Holdings, SKC, and Toray. Other key players in the market include Tredegar, KOLON Industries, Ningbo Sun plastics , Coveme , and Jiangsu Shuangxing.
View full report: https://www.datamintelligence.com/research-report/pet-film-market
Download free sample: https://www.datamintelligence.com/download-sample/pet-film-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +91 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +91 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results