Jul 16 2010
Research and Markets (http://www.researchandmarkets.com/research/6fa3ea/the_polyethylene_t) has announced the addition of the "The Polyethylene Terephthalate (PET) Market to 2020 - Carbonated Soft Drinks and Bottled Water Market in Asia Driving the Global Demand" report to their offering.
The Polyethylene Terephthalate (PET) Market to 2020 - Carbonated Soft Drinks and Bottled Water Market in Asia Driving the Global Demand, provides an in-depth analysis of the global PET industry. The research presents detailed analysis and forecasts of the economic and market trends affecting the PET markets in the major regions of the world. The report contains demand, production analysis and forecasts, drivers and restraints, the global recycling scenario, end use analysis and forecasts, and a market share analysis of the major producers in all the regions of the world. In addition, it includes demand and production forecasts for the major countries in all geographies. The report also contains historical and forecast price trends for all the regions. Overall, the report presents a comprehensive analysis of the global PET market covering all the major parameters.
The Global PET Market is Expected to Grow in the Forecast Period after Recovery from Economic Slowdown
The global demand for PET was growing fast over the last decade. The effect of the economic slowdown has adversely affected the consumption of various commodities in many countries globally. Hence, demand for PET has also slowed down over the past two years. The global PET market in 2009 was 15.3 million tons. As the economies recover from the slowdown, the consumption of commodities will rise again and the global demand for PET will grow at CAGR of 4.9% up to 2020.
Asia is the Largest Consumer of PET Followed by Europe
The demand for PET is highest in Asia. China is driving the majority of the demand for PET in the world. The demand in advanced countries like Japan has largely stabilized. With the large population in countries such as India and China, there is a huge consumption potential in these countries. The Asian demand by volume for PET in 2009 was nearly 4.7 million tons.
Europe is the second largest consumer of PET in the world. Russia, Italy and Germany are the major consuming countries in Europe. The demand in some Western European countries, such as Germany, France, Spain and the UK, is approaching the maturity stage. Growth in European PET demand is driven mostly by Russia. The demand for PET in Europe was around 3.7 million tons in 2009.
The North American economy is the most developed and advanced, and the scope for growth is lowest as the demand is close to saturation. However, certain new and upcoming applications of PET are driving the North American market. The North American demand for PET in 2009 was close to 3.1 million tons in 2009.
The PET demand in South and Central America is growing fairly strongly. This region consumed around 2 million tons of PET in the year 2009. The Middle East and African demand for PET is the second fastest growing after that of Asia. The Middle East and Africa region consumed around 1.2 million tons PET in 2009.
Scope:
- Demand and production data for PET from 2000 to 2009 and forecasts for eleven years to 2020.
- The PET markets in the key regions: Asia, Europe, North America, Middle East and South and Central America.
- The PET markets in key countries: China, Japan, India, Russia, Italy, Germany, France, Spain, the UK (United Kingdom), the US (United States), Canada, Saudi Arabia, Iran, Mexico, Brazil and Argentina.
- Major end use segments in the global and regional PET markets, such as carbonated soft drinks, bottled water, packaged food and others.
- Drivers of the global and regional PET markets, such as the demand from emerging applications and the growth of certain economies of the world, and restraints, such as the economic slowdown.
- Information on the competitive landscape, with the shares of leading companies such as.Gruppo Mossi & Ghisolfi, Eastman Chemical Company, Artenius, Jiangsu Sanfangxiang, Sinopec, Indorama Polymers, Wellman Inc and Far Eastern Group.
Reasons to buy:
- Obtain the most up to date information available on the PET industry globally.
- Benefit from the advanced insight into each of the regional markets through detailed demand and production forecasts, end use analysis and competitive landscape analysis.
- Multiply your revenue streams by identifying the key growth sectors and geographies.
- Develop invest-divest strategies through knowledge of the global, regional and key country market sizes, growth trends and competitive landscapes.
- Create targeted marketing strategies and product promotion plans.
- Identify the macro and micro-economic trends shaping and driving the PET markets in various regions.
- Make more informed business decisions from the insightful and in-depth analysis of the market landscape and the factors shaping it.