The Latest Amorphous Polyethylene Terephthalate Industry Statistics Explained
The global Amorphous Polyethylene Terephthalate (APET) market size was valued at USD 27.63 billion in 2019.
The statistic indicates that the total market value of Amorphous Polyethylene Terephthalate (APET) across the world was USD 27.63 billion in 2019. This suggests the significant scale and economic importance of the APET market within the global plastics industry. The market size reflects the total revenue generated from the production, sales, and consumption of APET plastic material in various industries such as packaging, textiles, and automotive. The figure serves as a key indicator for businesses, policymakers, and investors to understand the market dynamics, trends, and opportunities in the APET industry, and highlights the widespread usage and demand for this versatile material worldwide.
It is projected that the APET market will grow at a CAGR of 7.4% from 2020 to 2027.
This statistic indicates that the market for Amorphous Polyethylene Terephthalate (APET) is expected to experience a Compound Annual Growth Rate (CAGR) of 7.4% from 2020 to 2027. CAGR is a measure that represents the mean annual growth rate of an investment over a specified period of time, assuming the investment has been compounding at that rate each year. In this context, the projected CAGR of 7.4% suggests that the APET market is anticipated to expand steadily over the specified timeframe, with an average annual growth rate of 7.4%. This statistic provides valuable insight into the anticipated growth trajectory of the APET market and can be used by stakeholders to make informed decisions regarding investments, business strategies, and market positioning.
The APET industry in Asia Pacific dominated the market in 2019 with a revenue share of 38.8%.
This statistic indicates that the APET (Amorphous Polyethylene Terephthalate) industry in the Asia Pacific region held a significant position in the market in 2019 by capturing a substantial revenue share of 38.8%. This suggests that APET products manufactured and sold in the Asia Pacific region were in high demand and generated substantial income compared to other regions or industries within the same market. The dominance of the APET industry in the Asia Pacific market could be attributed to various factors such as technological advancements, efficient production processes, strategic market positioning, or strong consumer preferences for APET products in that region. This statistic underscores the importance and competitiveness of the APET industry in the Asia Pacific market landscape in 2019.
The sheets & films application segment held the largest revenue share of more than 51% in 2019.
The statistic indicates that the sheets and films application segment generated the highest proportion of revenue among all application segments in 2019, accounting for over 51% of the total revenue within the industry. This suggests that products or services related to sheets and films, such as packaging materials, protective films, or industrial components, were the most significant contributors to the industry’s overall revenue during that year. The dominance of this application segment highlights its importance and popularity within the market, potentially reflecting strong demand and successful sales strategies in that particular area of the industry.
The bottles application segment in APET market is projected to register the fastest CAGR of 7.9% from 2020 to 2027.
This statistic indicates that within the APET market, the bottles application segment is expected to experience significant growth over the period of 2020 to 2027, with a Compound Annual Growth Rate (CAGR) of 7.9%. This suggests that the demand for APET material in the production of bottles is likely to increase at a faster pace compared to other applications within the market. Factors such as changing consumer preferences towards sustainable packaging, technological advancements in bottle manufacturing, and a growing emphasis on recyclability and environmental sustainability are likely driving the growth in this segment. The projection of a rapid CAGR indicates a potentially lucrative opportunity for businesses operating in the APET bottles market to capitalize on this growth trend and expand their market presence.
The APET market in Europe is projected to witness significant growth over the coming years owing to rising demand from the food & beverages sector.
This statistic suggests that the market for active and intelligent packaging technologies (APET) in Europe is expected to experience substantial expansion in the near future, primarily driven by increasing demand from the food and beverages industry. Active and intelligent packaging technologies are designed to extend the shelf life of products, enhance safety, and provide information to consumers about the quality and freshness of the packaged goods. The growing interest and adoption of these advanced packaging solutions in the food and beverages sector indicate a significant market opportunity for APET providers in Europe, with a positive outlook for growth and innovation in the industry.
The APET market of North America is expected to reach 7.0 billion USD by 2025.
This statistic indicates that the total market size for the APET (Amorphous Polyethylene Terephthalate) market in North America is projected to grow to 7.0 billion USD by the year 2025. This forecast suggests a significant increase in the demand for APET products within the region over the specified timeframe. Factors contributing to this growth could include advancements in technology, increasing consumer preference for sustainable and recyclable packaging materials, as well as expansion in industries such as food and beverage packaging, automotive, and electronics. The projected market size of 7.0 billion USD serves as a valuable indicator for businesses, policymakers, and investors, providing insights into the potential opportunities and growth prospects within the APET market in North America.
APET market in Latin America accounted for revenue of USD 1.76 billion in 2019.
The statistic states that the APET (Amorphous Polyethylene Terephthalate) market in Latin America generated a total revenue of USD 1.76 billion in the year 2019. This figure represents the total sales value of APET products within the Latin American region during that specific time period. The revenue amount serves as a key indicator of the market size and economic activity related to APET materials, highlighting the significance of the industry within the Latin American market. Analyzing trends and changes in this revenue figure can provide insights into the overall performance and growth of the APET market in Latin America, guiding strategic decisions for businesses operating within this sector.
Among the Middle East & Africa, Saudi Arabia’s APET market is poised to reach significant growth over the estimated period with its expanding packaging industry.
This statistic indicates that the APET (Amorphous Polyethylene Terephthalate) market in Saudi Arabia, within the Middle East & Africa region, is expected to experience substantial growth in the near future. This growth is primarily attributed to the rapid expansion of the packaging industry in Saudi Arabia, which is driving the increased demand for APET products. As the packaging industry continues to evolve and grow within the Saudi Arabian market, the APET sector is poised to benefit from this trend, leading to significant opportunities for market expansion and development in the coming years.
The APET market in India is expected to witness significant growth owing to increasing disposable income and growing population.
The statistic on the APET market in India suggests that there is a projected notable expansion in the market for Amorphous Polyethylene Terephthalate (APET) in India. This growth is anticipated to be driven by factors such as rising disposable income among consumers and the expanding population within the country. Essentially, the increasing purchasing power of individuals in India is expected to lead to higher demand for products packaged in APET materials, while the growing population implies a larger consumer base for such products. Consequently, the APET market in India is likely to experience significant growth in the near future due to these contributing factors.
The top 5 companies in the APET industry accounted for about 28% of the global market share in 2019.
This statistic indicates that, in 2019, the five leading companies in the APET (amorphous polyethylene terephthalate) industry collectively held a significant share of the global market, amounting to approximately 28%. This suggests a high level of concentration and dominance by these top companies within the industry, potentially giving them substantial influence over market dynamics, pricing, and competition. The concentration of market share in a few key players may have implications for market competition, innovation, and consumer choice, as the actions and strategies of these top companies could significantly impact the overall industry landscape.
China, as the largest producer of APET, accounted for over 30% of global production in 2019.
This statistic indicates that China held a significant share in the production of APET (Amorphous Polyethylene Terephthalate) worldwide in 2019, with over 30% of the global production originating from the country. As the largest producer of APET, China’s dominance in this market highlights its strong presence and capabilities in the production and supply of this material. This could be attributed to various factors such as economies of scale, technological advancements, and cost competitiveness that have enabled China to maintain a leading position in the global APET market. The statistic underscores China’s importance in the APET industry and its role in meeting the global demand for this versatile material used in various applications such as packaging, textiles, and automotive components.
The APET market in the Middle East & Africa accounted for the smallest revenue share in 2019.
This statistic indicates that in 2019, the APET (Amorphous Polyethylene Terephthalate) market in the Middle East & Africa region generated the lowest revenue compared to other regions. This suggests that the demand for APET products in the Middle East & Africa was relatively lower compared to other regions such as Asia, Europe, or North America. Various factors could contribute to this, including differing consumer preferences, economic conditions, market saturation, or competition from alternative materials. Understanding this statistic can help businesses in the APET industry identify opportunities for growth and expansion in the Middle East & Africa region to increase market share and profitability.
The APET industry is expected to register a high growth in demand from the food & beverage packaging application segment over the forecast period.
This statistic indicates that the Amorphous Polyethylene Terephthalate (APET) industry is projected to experience significant growth in demand specifically from the food and beverage packaging application sector in the foreseeable future. This suggests that there is an increasing need and interest in utilizing APET material for packaging purposes within the food and beverage industry. Such a trend could be driven by various factors such as the material’s favorable properties like transparency, strength, and recyclability, as well as changing consumer preferences towards sustainable and convenient packaging solutions. It implies opportunities for growth and potential market expansion for companies operating in the APET industry catering to the food and beverage packaging sector.
The APET market demand in U.S. was estimated at 10.1 kilotons in 2019.
The statistic “The APET market demand in the U.S. was estimated at 10.1 kilotons in 2019” represents the estimated quantity of APET (Amorphous Polyethylene Terephthalate) material demanded by the market in the United States during the year 2019. This figure indicates the total amount of APET material that buyers were willing and able to purchase at various price points. Market demand reflects the aggregate preferences and buying power of consumers and serves as a crucial indicator for businesses to assess the potential sales and revenue opportunities in the APET sector. Monitoring demand trends over time can help businesses make informed decisions regarding production levels, pricing strategies, and market positioning in order to meet consumer needs effectively.
In terms of volume, the global APET market is anticipated to reach more than 7,800 kilotons by 2025.
This statistic indicates that the global APET (Amorphous Polyethylene Terephthalate) market is expected to experience significant growth in volume, reaching over 7,800 kilotons by the year 2025. This forecast suggests a substantial increase in the demand for APET, a type of thermoplastic polymer commonly used in packaging materials, bottles, and other industrial applications. The anticipated growth may be driven by factors such as increasing demand for sustainable and recyclable packaging solutions, as well as the expanding usage of APET in various end-use industries. This projection highlights a positive outlook for the APET market, signaling opportunities for manufacturers, suppliers, and other stakeholders within the industry.
The global APET market for bottles segment is anticipated to reach 5.3 billion USD by 2025.
The statistic states that the global APET (Amorphous Polyethylene Terephthalate) market specifically for bottles is expected to grow and reach a market value of 5.3 billion USD by the year 2025. This projection indicates a significant economic opportunity within the APET market, driven by factors such as increased demand for APET bottles due to their lightweight, durable, and recyclable properties. The anticipated growth in the market suggests a positive outlook for manufacturers and suppliers operating within the APET bottles segment, with potential for expansion and profit opportunities in the coming years.
Germany was the largest consumer of APET in Europe in 2019.
This statistic indicates that in 2019, Germany held the distinction of being the leading consumer of APET (Amorphous Polyethylene Terephthalate) within Europe, signifying that Germany utilized the most amount of APET material compared to other countries in the region. This information is valuable for various stakeholders including manufacturers, policymakers, and market analysts as it highlights the significant demand for APET in Germany’s industrial and consumer sectors. Understanding Germany’s status as the largest consumer of APET in Europe can provide insights into consumption patterns, market trends, and potential growth opportunities within the European APET market.
The APET market in Japan is projected to reachover USD 1 billion by 2027.
This statistic indicates that the market for Active Pharmaceutical Ingredient Excipients and Intermediates (APET) in Japan is expected to grow significantly and exceed a value of USD 1 billion by the year 2027. This projection suggests a substantial increase in demand for APET products within the pharmaceutical industry in Japan over the next few years. Factors such as technological advancements, increased research and development activities, and a growing demand for innovative drugs could be driving this growth in the APET market. This information can be valuable for pharmaceutical companies, investors, and policymakers who are interested in understanding and capitalizing on the potential opportunities in the Japanese pharmaceutical market.
The Middle East & Africa APET market is dispensed to grow at a CAGR of 7.1% over 2020-2027.
This statistic indicates that the Middle East & Africa APET (Amorphous Polyethylene Terephthalate) market is projected to experience a Compound Annual Growth Rate (CAGR) of 7.1% from the year 2020 to 2027. This suggests that the demand for APET in this region is expected to steadily increase at an average annual rate of 7.1% over the specified period. Factors such as growth in end-user industries, technological advancements, increasing disposable income, and changing consumer preferences may contribute to this growth rate. Companies operating in the APET market in the Middle East & Africa region may anticipate expanding opportunities and market expansion potential based on this projected growth rate.
References
0. – https://www.www.prnewswire.com
1. – https://www.www.globenewswire.com
2. – https://www.www.grandviewresearch.com
