Polyethylene Terephthalate Glycol Market Share Expected Huge Growth during 2020-2027

Polyethylene Terephthalate Glycol (PETG) Market Size, Share, Application, End Use, Grade, and Regional Analysis to 2027 . Polyethylene terephthalate glycol (PETG) has gained enough popularity in every manufacturing sector in response to properties, performance, and response to more significant economic or environmental concerns. The rapidly growing food & beverages, cosmetic, and medical packaging industry has caused an increased demand for PETG. Industries are booming owing to a substantial gain in manufacturing activity, personal income level, consumer expenditure, combined with favorable urbanization. PETG, with its performance in upcoming technology 3D printing, has advanced the plastic industry to the next level of engagement, recognizing transformation, creating opportunities for more PETG demand. Rising prices of raw material, growing environmental concern, and issues concerned with recycling and recovery of mixed PETG are some of the problems restraining the market.

The major players in the polyethylene terephthalate glycol (petg) market include Eastman, SK Chemical, Selenis, Jiangsu Jinghong, Liaoyang Petrochemical.

By Application

  • Food & Beverages
  • Cosmetic
  • Medical
  • Other

By End Use

  • Building & Construction
  • Food & Beverages
  • Electronics & Electricals
  • Automotive
  • Healthcare & Pharmaceuticals
  • Others

By Grade

  • Extrusion
  • Injection Molding
  • Blow Molding

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the polyethylene terephthalate glycol (petg) market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Source: https://www.valuemarketresearch.com/report/polyethylene-terephthalate-glycol-petg-market

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