Polyethylene Terephthalate Market Size, Share, and Trends 2024 to 2034

The global polyethylene terephthalate market size is calculated at USD 33.09 billion in 2025 and is forecasted to reach around USD 49.03 billion by 2034, accelerating at a CAGR of 4.47% from 2025 to 2034. The Asia Pacific market size surpassed USD 12.98 billion in 2024 and is expanding at a CAGR of 4.60% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 2838
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Polyethylene Terephthalate Market 

5.1. COVID-19 Landscape: Polyethylene Terephthalate Industry Impact

5.2. COVID-19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Polyethylene Terephthalate Market, By Packaging Application

8.1. Polyethylene Terephthalate Market, by Packaging Application

8.1.1. Bottled Water

8.1.1.1. Market Revenue and Forecast

8.1.2. Carbonated Soft Beverages

8.1.2.1. Market Revenue and Forecast

8.1.3. Juices

8.1.3.1. Market Revenue and Forecast

8.1.4. Alcoholic Beverages

8.1.4.1. Market Revenue and Forecast

8.1.5. Thermoforming Trays

8.1.5.1. Market Revenue and Forecast

8.1.6. Food Packaging

8.1.6.1. Market Revenue and Forecast

8.1.7. Non-Food Packaging

8.1.7.1. Market Revenue and Forecast

8.1.8. Others

8.1.8.1. Market Revenue and Forecast

Chapter 9. Global Polyethylene Terephthalate Market, By Application

9.1. Polyethylene Terephthalate Market, by Application

9.1.1. Packaging

9.1.1.1. Market Revenue and Forecast

9.1.2. Films & Sheets

9.1.2.1. Market Revenue and Forecast

9.1.3. Others

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Polyethylene Terephthalate Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Packaging Application

10.1.2. Market Revenue and Forecast, by Application

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Packaging Application

10.1.3.2. Market Revenue and Forecast, by Application

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Packaging Application

10.1.4.2. Market Revenue and Forecast, by Application

10.2. Europe

10.2.1. Market Revenue and Forecast, by Packaging Application

10.2.2. Market Revenue and Forecast, by Application

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Packaging Application

10.2.3.2. Market Revenue and Forecast, by Application

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Packaging Application

10.2.4.2. Market Revenue and Forecast, by Application

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Packaging Application

10.2.5.2. Market Revenue and Forecast, by Application

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Packaging Application

10.2.6.2. Market Revenue and Forecast, by Application

10.3. APAC

10.3.1. Market Revenue and Forecast, by Packaging Application

10.3.2. Market Revenue and Forecast, by Application

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Packaging Application

10.3.3.2. Market Revenue and Forecast, by Application

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Packaging Application

10.3.4.2. Market Revenue and Forecast, by Application

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Packaging Application

10.3.5.2. Market Revenue and Forecast, by Application

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Packaging Application

10.3.6.2. Market Revenue and Forecast, by Application

10.4. MEA

10.4.1. Market Revenue and Forecast, by Packaging Application

10.4.2. Market Revenue and Forecast, by Application

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Packaging Application

10.4.3.2. Market Revenue and Forecast, by Application

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Packaging Application

10.4.4.2. Market Revenue and Forecast, by Application

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Packaging Application

10.4.5.2. Market Revenue and Forecast, by Application

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Packaging Application

10.4.6.2. Market Revenue and Forecast, by Application

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Packaging Application

10.5.2. Market Revenue and Forecast, by Application

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Packaging Application

10.5.3.2. Market Revenue and Forecast, by Application

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Packaging Application

10.5.4.2. Market Revenue and Forecast, by Application

Chapter 11. Company Profiles

11.1. RTP Company

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. BASF SE

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Dupont

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. DSM

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. M&G Chemical Group

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Lanxess Corporation

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Lyondell Basell Industries N.V.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Indorama Ventures

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Toray Industries

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Eastman Chemical Company

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global polyethylene terephthalate market size is expected to increase USD 49.03 billion by 2034 from estimated at USD 31.67 billion in 2024.

The global polyethylene terephthalate market will register growth rate of 4.47% between 2025 and 2034.

The major players operating in the polyethylene terephthalate market are RTP Company, BASF SE, Dupont, DSM, M&G Chemical Group, Lanxess Corporation, Lyondell Basell Industries N.V., Indorama Ventures, Toray Industries, Eastman Chemical Company, and Others.

The driving factors of the polyethylene terephthalate market are the increased textile and fabric consumption, rising PET recycling and collecting rate, and Increase in the use of polyethylene terephthalate in food and beverages packaging.

Asia Pacific region will lead the global polyethylene terephthalate market during the forecast period 2025 to 2034.

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