Pacific PETG Market

The Asia Pacific PETG (Polyethylene Terephthalate Glycol-modified) market size was valued at US$ 452.9 million in 2024 and is projected to reach US$ 621.7 million by 2030, at a CAGR of 5.4% during the forecast period 2024-2030.

PETG is a thermoplastic polyester that combines the properties of PET with improved clarity, toughness, and ease of processing, widely used in packaging, medical devices, and 3D printing applications.

The Asia Pacific PETG market is growing robustly, driven by increasing demand for transparent, durable packaging materials and medical grade plastics. China leads with a 40% market share, followed by Japan at 25% and South Korea at 20%. In 2023, the packaging industry consumed 50% of the total production, with medical applications at 30% and 3D printing filaments at 15%. The market experienced a 12% growth in demand from the food packaging sector due to PETG's excellent barrier properties. Key players include SK Chemicals (South Korea) and Eastman Chemical Company (USA), holding a combined 55% market share in the region. The industry is investing in recycling technologies, with a 20% increase in R&D spending on chemical recycling methods for PETG in 2023. Challenges include competition from other clear plastics, leading to a 5% price pressure in certain applications. The COVID-19 pandemic has driven a 15% surge in demand for PETG face shields and medical packaging. The market is benefiting from the growing adoption of 3D printing in various industries, with a 25% increase in PETG filament sales for prototyping and small-scale production.

Report Includes

Pacific PETG Market is an essential reference for who looks for detailed information on Asia Pacific PETG . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of PETG , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Pacific PETG Market aims to provide a comprehensive presentation of the Asia Pacific PETG , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PETG . Pacific PETG Market contains market size and forecasts of PETG in Asia Pacific, including the following market information:

We surveyed the PETG manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China

•    India

•    Japan

•    South Korea

•    Australia

•    Thailand

•    Indonesia

by Products type:

•    Extruded Grade PETG

•    Injection Molding Grade PETG

•    Blow Molding Grade ETG

by Application:

•    Sheet

•    Film

•    Bottle/Container

•    Extruded Profile

•    Others

key players include: (At least 8-10 companies included)

•    Chi Mei Corporation

•    SK Chemicals

•    Eastman Chemical Company

•    LG Chem

•    Nan Ya Plastics Corporation

•    Jiangsu Jiantong Plastic Technology

•    Shanghai PRET Composites Co., Ltd.

•    Sichuan Yibin Push Acrylic Co., Ltd.

•    Zhejiang Zhink Group Co., Ltd.

•    Lotte Chemical Corporation

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies PETG revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)

•    Key companies PETG revenues share in Asia Pacific market, 2023 (%)

•    Key companies PETG sales in Asia Pacific market, 2019-2024 (Estimated),

•    Key companies PETG sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Asia Pacific and country-wise market of PETG

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing PETG capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on PETG manufacturers

•    PETG forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.