Polyester Chip Market

The United States Polyester Chip (PET Chip) market size was valued at US$ 3.12 billion in 2024 and is projected to reach US$ 4.05 billion by 2030, at a CAGR of 4.4% during the forecast period 2024-2030.

Polyester Chip, or PET Chip, is the raw material form of polyethylene terephthalate used in the production of polyester fibers, films, and packaging materials.

The U.S. Polyester Chip market is experiencing steady growth, driven by demand in textiles, packaging, and industrial applications. In 2023, total production reached 3.5 million metric tons, with the textile industry accounting for 60% of demand. The packaging sector is growing at 5% annually. The market saw a 6% increase in demand for recycled PET chips in 2023, reflecting growing sustainability concerns. Bottle-grade PET chips are growing at 4.5% annually, driven by the beverage industry. The trend towards performance fabrics led to a 7% rise in adoption of specialty polyester chips. Biaxially-oriented PET (BOPET) film applications saw an 8% surge in demand for high-performance packaging. The market is witnessing increased focus on chemical recycling technologies, with a 10% growth in investments for circular economy solutions in PET production.

Polyester Chip Market contains market size and forecasts of Polyester Chip (PET Chip) in United States, including the following market information:

•    United States Polyester Chip (PET Chip) Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    United States Polyester Chip (PET Chip) Market Sales, 2019-2024, 2024-2030,

•    United States Top five Polyester Chip (PET Chip) companies in 2023 (%)

Report Includes

Polyester Chip Market presents an overview of United States market for Polyester Chip (PET Chip) , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Polyester Chip Market focuses on the Polyester Chip (PET Chip) sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Polyester Chip (PET Chip) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Polyester Chip Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Polyester Chip Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Textile Grade Polyester Chip

•    Bottle Grade Polyester Chip

•    Film Grade Polyester Chip

Segment by Applications

•    Packaging Material

•    Film

•    Textile

•    Other

Key Companies covered in Polyester Chip Market :

•    Invista

•    Nan Ya Plastics Corporation

•    M&G Chemicals

•    Dak Americas

•    Indorama Ventures Public Company Limited

•    Far Eastern New Century Corporation

•    Alpek S.A. de C.V.

•     Company 8

•     Company 9

•     Company 10

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Polyester Chip (PET Chip) revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)

•    Key companies Polyester Chip (PET Chip) revenues share in United Statesn market, 2023 (%)

•    Key companies Polyester Chip (PET Chip) sales in United Statesn market, 2019-2024 (Estimated),

•    Key companies Polyester Chip (PET Chip) sales share in United Statesn market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Polyester Chip (PET Chip) Market

•    Overview of the regional outlook of the Polyester Chip (PET Chip) Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

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

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Polyester Chip (PET Chip) Market 

•    United States Polyester Chip (PET Chip) Market 

•    Japan Polyester Chip (PET Chip) Market 

•    Germany Polyester Chip (PET Chip) Market 

•    South Korea Polyester Chip (PET Chip) Market 

•    Indonesia Polyester Chip (PET Chip) Market 

•    Brazil Polyester Chip (PET Chip) Market

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