PET Resin Market Research Report 2025

PET Resin Market Research Report 2025

PET Resin Market Research Report 2025

Explore the PET Resin Market Report 2025 covering market size, growth trends, key drivers, challenges, competitive landscape, and future forecast.

Pages: 230

Format: PDF

Date: 12-2025

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Global PET Resin Market Report, 2025–2035

 Short Description

The Polyethylene Terephthalate (PET) Resin Market is projected to grow steadily between 2025–2035, driven by demand in packaging, electronics, medical devices, construction, and automotive industries. PET resins are valued for their strength, lightweight properties, recyclability, and versatility, making them essential in consumer goods and industrial applications worldwide.

 Market Overview

Chem Reports estimates the market was valued at USD xxxx million in 2025 and is expected to reach USD xxxx million by 2035, growing at a CAGR of xx% globally.
Key growth drivers include:

  • Rising demand for sustainable packaging solutions.
  • Expansion of PET use in electronics and medical devices.
  • Growth in automotive lightweighting and construction materials.
  • Technological innovation in bio-based and recycled PET (rPET).

 Impact of COVID-19

The COVID-19 pandemic disrupted supply chains and reduced industrial activity in 2020, significantly affecting the PET resin market. Recovery has been supported by:

  • Increased demand for packaging in food, beverages, and pharmaceuticals.
  • Rising focus on sustainability and recycling initiatives.
  • Expansion of healthcare applications requiring PET-based medical devices.

Segmentation Analysis

By Type

  • Saturated Polyester: Used in films, fibers, and packaging applications.
  • Unsaturated Polyester: Applied in construction, automotive, and industrial composites.

By Application

  • Packaging: Largest segment, driven by beverage bottles, food containers, and flexible packaging.
  • Electronics & Appliances: PET resins used in durable components and casings.
  • Medical Devices: Lightweight, biocompatible PET for healthcare applications.
  • Construction: PET composites for insulation, panels, and structural materials.
  • Automotive: Lightweight PET resins for interiors and structural components.

By Region

  • North America (U.S., Canada, Mexico): Strong demand from packaging and automotive industries.
  • Europe (Germany, U.K., France, Italy, Russia, Spain): Growth driven by sustainability regulations and recycling initiatives.
  • Asia-Pacific (China, India, Japan, Southeast Asia): Fastest-growing region, led by packaging demand and industrial expansion.
  • South America (Brazil, Argentina): Moderate growth, supported by beverage packaging and construction.
  • Middle East & Africa (Saudi Arabia, South Africa): Emerging demand in petrochemicals and consumer goods.

 Key Players – Competitive Landscape

Global Leaders

  • DuPont (U.S.) – Diversified chemical giant with PET resins integrated into packaging and industrial applications.
  • Eastman (U.S.) – Focus on specialty PET resins and sustainable packaging solutions.
  • Indorama Ventures (Thailand) – World’s largest PET resin producer; leader in recycled PET (rPET).
  • SABIC (Saudi Arabia) – Major petrochemical producer with large-scale PET resin capacity.
  • Nan Ya Plastics (Taiwan) – One of the largest PET resin producers globally.
  • Lotte Chemical (South Korea) – Strong presence in Asia-Pacific PET resin markets.

Regional Leaders

  • M&G Chemicals (Italy/Global) – PET resins for packaging; strong presence in Europe.
  • Far Eastern New Century Corporation (Taiwan) – Leading Asian PET producer with sustainability initiatives.
  • JBF (India) – Major Indian PET resin supplier; competitive on cost and regional demand.
  • OCTAL (Oman) – Specialized in PET sheet and resin production; strong Middle East presence.
  • Dhunseri Petrochem & Tea (India) – PET resin production integrated with regional supply chains.
  • Petroquimica Suape (Brazil) – Key South American PET resin producer.
  • KoKsan (Turkey) – Regional supplier with focus on packaging resins.
  • EIPET (Egypt) – PET resin producer serving Middle East and Africa.
  • Thai PET Resin Co. Ltd. (Thailand) – Regional supplier supporting Southeast Asia demand.

Innovators & Specialty Producers

  • TEIJIN (Japan) – Focus on advanced polyester resins and specialty PET applications.
  • Selenis (Portugal) – Innovator in specialty PET resins for packaging and industrial use.
  • NEO GROUP (Lithuania) – European PET resin producer with focus on sustainability.
  • Zhejiang Hengyi (China) – Large-scale Chinese producer with integrated petrochemical operations.
  • Sanfangxiang Group (China) – Major Chinese PET resin supplier.
  • Rongsheng Petrochemical (China) – Expanding PET resin capacity with strong domestic demand.
  • Wankai New Materials (China) – Focus on PET resin innovation and cost-effective production.
  • Zhenbang Fibre (China) – Specialty PET fibre and resin producer.
  • Since CR Chemicals (China) – Niche supplier with regional focus.
  • Far Eastern Industry (China/Taiwan) – Diversified PET resin and polyester producer.

 Strategic Insights

  • Global Leaders (Indorama, SABIC, Eastman, DuPont, Nan Ya, Lotte): Dominate the market with scale, feedstock integration, and sustainability initiatives.
  • Regional Leaders (JBF, OCTAL, Dhunseri, KoKsan, Petroquimica Suape): Compete on cost efficiency and regional market penetration.
  • Innovators (TEIJIN, Selenis, NEO GROUP): Focus on specialty PET resins and eco-friendly solutions.
  • Chinese Producers (Zhejiang Hengyi, Rongsheng, Wankai, Sanfangxiang): Rapidly scaling production capacity to meet domestic and global demand.

PET Resin Market – Key Player Analysis

 Competitive Landscape Overview

The PET Resin market is highly competitive and globally diversified, with a mix of multinational chemical giants, regional leaders, and niche producers. Companies compete on production capacity, feedstock integration, cost efficiency, sustainability initiatives, and geographic reach. Strategic moves include capacity expansions, mergers & acquisitions, and innovations in recycling and bio-based PET.

 Key Players & Strategic Positioning

Global Chemical Leaders

  • DuPont (U.S.)
    • Diversified chemical giant with PET resins integrated into packaging and industrial applications.
    • Competitive advantage: strong R&D and global brand recognition.
  • Eastman (U.S.)
    • Focus on specialty PET resins and sustainable packaging solutions.
    • Competitive advantage: innovation in circular economy and recycling technologies.
  • SABIC (Saudi Arabia)
    • Major petrochemical producer with large-scale PET resin capacity.
    • Competitive advantage: feedstock integration and global distribution networks.
  • Lotte Chemical (South Korea)
    • Strong presence in Asia-Pacific PET resin markets.
    • Competitive advantage: regional dominance and diversified petrochemical portfolio.
  • Nan Ya Plastics (Taiwan)
    • One of the largest PET resin producers globally.
    • Competitive advantage: scale and cost efficiency.
  • Indorama Ventures (Thailand)
  • World’s largest PET resin producer.
  • Competitive advantage: global footprint, vertical integration, and leadership in recycled PET (rPET).

Regional Leaders

  • M&G Chemicals (Italy/Global) – Focus on PET resins for packaging; strong presence in Europe.
  • Far Eastern New Century Corporation (Taiwan) – Leading Asian PET producer with sustainability initiatives.
  • JBF (India) – Major Indian PET resin supplier; competitive on cost and regional demand.
  • OCTAL (Oman) – Specialized in PET sheet and resin production; strong Middle East presence.
  • Dhunseri Petrochem & Tea (India) – PET resin production integrated with regional supply chains.
  • Petroquimica Suape (Brazil) – Key South American PET resin producer.
  • KoKsan (Turkey) – Regional supplier with focus on packaging resins.
  • EIPET (Egypt) – PET resin producer serving Middle East and Africa.
  • Thai PET Resin Co. Ltd. (Thailand) – Regional supplier supporting Southeast Asia demand.

Innovators & Specialty Producers

  • TEIJIN (Japan) – Focus on advanced polyester resins and specialty PET applications.
  • Selenis (Portugal) – Innovator in specialty PET resins for packaging and industrial use.
  • NEO GROUP (Lithuania) – European PET resin producer with focus on sustainability.
  • Zhejiang Hengyi (China) – Large-scale Chinese producer with integrated petrochemical operations.
  • Sanfangxiang Group (China) – Major Chinese PET resin supplier.
  • Rongsheng Petrochemical (China) – Expanding PET resin capacity with strong domestic demand.
  • Wankai New Materials (China) – Focus on PET resin innovation and cost-effective production.
  • Zhenbang Fibre (China) – Specialty PET fibre and resin producer.
  • Since CR Chemicals (China) – Niche supplier with regional focus.
  • Far Eastern Industry (China/Taiwan) – Diversified PET resin and polyester producer.

 Strategic Insights

  • Global Leaders (Indorama, SABIC, Eastman, DuPont, Nan Ya, Lotte): Dominate the market with scale, feedstock integration, and sustainability initiatives.
  • Regional Leaders (JBF, OCTAL, Dhunseri, KoKsan, Petroquimica Suape): Compete on cost efficiency and regional market penetration.
  • Innovators (TEIJIN, Selenis, NEO GROUP): Focus on specialty PET resins and eco-friendly solutions.
  • Chinese Producers (Zhejiang Hengyi, Rongsheng, Wankai, Sanfangxiang): Rapidly scaling production capacity to meet domestic and global demand.

 Competitive Trends

  • Sustainability & Recycling: Indorama, Eastman, and NEO GROUP leading in rPET and circular economy initiatives.
  • Asia-Pacific Expansion: Chinese and Indian producers aggressively scaling capacity.
  • Integration with Packaging Industry: OCTAL and Selenis focusing on PET sheet and specialty packaging resins.
  • Global Consolidation: M&A activity among major players to secure feedstock and expand geographic reach.

 

1. Market Overview of PET Resin
    1.1 PET Resin Market Overview
        1.1.1 PET Resin Product Scope
        1.1.2 Market Status and Outlook
    1.2 PET Resin Market Size by Regions:
    1.3 PET Resin Historic Market Size by Regions
    1.4 PET Resin Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth,  Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact PET Resin Sales Market by Type
    2.1 Global PET Resin Historic Market Size by Type
    2.2 Global PET Resin Forecasted Market Size by Type
    2.3 Saturated Polyester
    2.4 Unsaturated Polyester
3. Covid-19 Impact PET Resin Sales Market by Application
    3.1 Global PET Resin Historic Market Size by Application
    3.2 Global PET Resin Forecasted Market Size by Application
    3.3 Packaging
    3.4 Electronic & Applicance
    3.5 Medical Device
    3.6 Construction
    3.7 Automotive
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global PET Resin Production Capacity Market Share by Manufacturers
    4.2 Global PET Resin Revenue Market Share by Manufacturers
    4.3 Global PET Resin Average Price by Manufacturers
5. Company Profiles and Key Figures in PET Resin Business
    5.1 DuPont
        5.1.1 DuPont Company Profile
        5.1.2 DuPont PET Resin Product Specification
        5.1.3 DuPont PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.2 Eastman
        5.2.1 Eastman Company Profile
        5.2.2 Eastman PET Resin Product Specification
        5.2.3 Eastman PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.3 SK Chemicals
        5.3.1 SK Chemicals Company Profile
        5.3.2 SK Chemicals PET Resin Product Specification
        5.3.3 SK Chemicals PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.4 Indorama Ventures
        5.4.1 Indorama Ventures Company Profile
        5.4.2 Indorama Ventures PET Resin Product Specification
        5.4.3 Indorama Ventures PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.5 DAK
        5.5.1 DAK Company Profile
        5.5.2 DAK PET Resin Product Specification
        5.5.3 DAK PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.6 M&G Chemicals
        5.6.1 M&G Chemicals Company Profile
        5.6.2 M&G Chemicals PET Resin Product Specification
        5.6.3 M&G Chemicals PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.7 Far Eastern New Century Corporation
        5.7.1 Far Eastern New Century Corporation Company Profile
        5.7.2 Far Eastern New Century Corporation PET Resin Product Specification
        5.7.3 Far Eastern New Century Corporation PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.8 JBF
        5.8.1 JBF Company Profile
        5.8.2 JBF PET Resin Product Specification
        5.8.3 JBF PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.9 OCTAL
        5.9.1 OCTAL Company Profile
        5.9.2 OCTAL PET Resin Product Specification
        5.9.3 OCTAL PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.10 TEIJIN
        5.10.1 TEIJIN Company Profile
        5.10.2 TEIJIN PET Resin Product Specification
        5.10.3 TEIJIN PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.11 Dhunseri Petrochem & Tea
        5.11.1 Dhunseri Petrochem & Tea Company Profile
        5.11.2 Dhunseri Petrochem & Tea PET Resin Product Specification
        5.11.3 Dhunseri Petrochem & Tea PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.12 Lotte Chemical
        5.12.1 Lotte Chemical Company Profile
        5.12.2 Lotte Chemical PET Resin Product Specification
        5.12.3 Lotte Chemical PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.13 SABIC
        5.13.1 SABIC Company Profile
        5.13.2 SABIC PET Resin Product Specification
        5.13.3 SABIC PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.14 Nan Ya Plastics
        5.14.1 Nan Ya Plastics Company Profile
        5.14.2 Nan Ya Plastics PET Resin Product Specification
        5.14.3 Nan Ya Plastics PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.15 Petroquimica Suape
        5.15.1 Petroquimica Suape Company Profile
        5.15.2 Petroquimica Suape PET Resin Product Specification
        5.15.3 Petroquimica Suape PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.16 KoKsan
        5.16.1 KoKsan Company Profile
        5.16.2 KoKsan PET Resin Product Specification
        5.16.3 KoKsan PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.17 EIPET
        5.17.1 EIPET Company Profile
        5.17.2 EIPET PET Resin Product Specification
        5.17.3 EIPET PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.18 Selenis
        5.18.1 Selenis Company Profile
        5.18.2 Selenis PET Resin Product Specification
        5.18.3 Selenis PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.19 NEO GROUP
        5.19.1 NEO GROUP Company Profile
        5.19.2 NEO GROUP PET Resin Product Specification
        5.19.3 NEO GROUP PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.20 Zhejiang Hengyi
        5.20.1 Zhejiang Hengyi Company Profile
        5.20.2 Zhejiang Hengyi PET Resin Product Specification
        5.20.3 Zhejiang Hengyi PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.21 Sinopec Yizheng Chemical Fibre
        5.21.1 Sinopec Yizheng Chemical Fibre Company Profile
        5.21.2 Sinopec Yizheng Chemical Fibre PET Resin Product Specification
        5.21.3 Sinopec Yizheng Chemical Fibre PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.22 Sanfangxiang Group
        5.22.1 Sanfangxiang Group Company Profile
        5.22.2 Sanfangxiang Group PET Resin Product Specification
        5.22.3 Sanfangxiang Group PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.23 Since CR Chemicals
        5.23.1 Since CR Chemicals Company Profile
        5.23.2 Since CR Chemicals PET Resin Product Specification
        5.23.3 Since CR Chemicals PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.24 Rongsheng petrochemical
        5.24.1 Rongsheng petrochemical Company Profile
        5.24.2 Rongsheng petrochemical PET Resin Product Specification
        5.24.3 Rongsheng petrochemical PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.25 Wankai New Materials
        5.25.1 Wankai New Materials Company Profile
        5.25.2 Wankai New Materials PET Resin Product Specification
        5.25.3 Wankai New Materials PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.26 Far Eastern Industry
        5.26.1 Far Eastern Industry Company Profile
        5.26.2 Far Eastern Industry PET Resin Product Specification
        5.26.3 Far Eastern Industry PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.27 Zhenbang Fibre
        5.27.1 Zhenbang Fibre Company Profile
        5.27.2 Zhenbang Fibre PET Resin Product Specification
        5.27.3 Zhenbang Fibre PET Resin Production Capacity, Revenue, Price and Gross Margin
    5.28 Thai PET Resin Co. Ltd.
        5.28.1 Thai PET Resin Co. Ltd. Company Profile
        5.28.2 Thai PET Resin Co. Ltd. PET Resin Product Specification
        5.28.3 Thai PET Resin Co. Ltd. PET Resin Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America PET Resin Market Size
    6.2 North America PET Resin Key Players in North America
    6.3 North America PET Resin Market Size by Type
    6.4 North America PET Resin Market Size by Application
7. East Asia
    7.1 East Asia PET Resin Market Size
    7.2 East Asia PET Resin Key Players in North America
    7.3 East Asia PET Resin Market Size by Type
    7.4 East Asia PET Resin Market Size by Application
8. Europe
    8.1 Europe PET Resin Market Size
    8.2 Europe PET Resin Key Players in North America
    8.3 Europe PET Resin Market Size by Type
    8.4 Europe PET Resin Market Size by Application
9. South Asia
    9.1 South Asia PET Resin Market Size
    9.2 South Asia PET Resin Key Players in North America
    9.3 South Asia PET Resin Market Size by Type
    9.4 South Asia PET Resin Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia PET Resin Market Size
    10.2 Southeast Asia PET Resin Key Players in North America
    10.3 Southeast Asia PET Resin Market Size by Type
    10.4 Southeast Asia PET Resin Market Size by Application
11. Middle East
    11.1 Middle East PET Resin Market Size
    11.2 Middle East PET Resin Key Players in North America
    11.3 Middle East PET Resin Market Size by Type
    11.4 Middle East PET Resin Market Size by Application
12. Africa
    12.1 Africa PET Resin Market Size
    12.2 Africa PET Resin Key Players in North America
    12.3 Africa PET Resin Market Size by Type
    12.4 Africa PET Resin Market Size by Application
13. Oceania
    13.1 Oceania PET Resin Market Size
    13.2 Oceania PET Resin Key Players in North America
    13.3 Oceania PET Resin Market Size by Type
    13.4 Oceania PET Resin Market Size by Application
14. South America
    14.1 South America PET Resin Market Size
    14.2 South America PET Resin Key Players in North America
    14.3 South America PET Resin Market Size by Type
    14.4 South America PET Resin Market Size by Application
15. Rest of the World
    15.1 Rest of the World PET Resin Market Size
    15.2 Rest of the World PET Resin Key Players in North America
    15.3 Rest of the World PET Resin Market Size by Type
    15.4 Rest of the World PET Resin Market Size by Application
16 PET Resin Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Segmentation Analysis

By Type

  • Saturated Polyester: Used in films, fibers, and packaging applications.
  • Unsaturated Polyester: Applied in construction, automotive, and industrial composites.

By Application

  • Packaging: Largest segment, driven by beverage bottles, food containers, and flexible packaging.
  • Electronics & Appliances: PET resins used in durable components and casings.
  • Medical Devices: Lightweight, biocompatible PET for healthcare applications.
  • Construction: PET composites for insulation, panels, and structural materials.
  • Automotive: Lightweight PET resins for interiors and structural components.

By Region

  • North America (U.S., Canada, Mexico): Strong demand from packaging and automotive industries.
  • Europe (Germany, U.K., France, Italy, Russia, Spain): Growth driven by sustainability regulations and recycling initiatives.
  • Asia-Pacific (China, India, Japan, Southeast Asia): Fastest-growing region, led by packaging demand and industrial expansion.
  • South America (Brazil, Argentina): Moderate growth, supported by beverage packaging and construction.
  • Middle East & Africa (Saudi Arabia, South Africa): Emerging demand in petrochemicals and consumer goods.

 Key Players – Competitive Landscape

Global Leaders

  • DuPont (U.S.) – Diversified chemical giant with PET resins integrated into packaging and industrial applications.
  • Eastman (U.S.) – Focus on specialty PET resins and sustainable packaging solutions.
  • Indorama Ventures (Thailand) – World’s largest PET resin producer; leader in recycled PET (rPET).
  • SABIC (Saudi Arabia) – Major petrochemical producer with large-scale PET resin capacity.
  • Nan Ya Plastics (Taiwan) – One of the largest PET resin producers globally.
  • Lotte Chemical (South Korea) – Strong presence in Asia-Pacific PET resin markets.

Regional Leaders

  • M&G Chemicals (Italy/Global) – PET resins for packaging; strong presence in Europe.
  • Far Eastern New Century Corporation (Taiwan) – Leading Asian PET producer with sustainability initiatives.
  • JBF (India) – Major Indian PET resin supplier; competitive on cost and regional demand.
  • OCTAL (Oman) – Specialized in PET sheet and resin production; strong Middle East presence.
  • Dhunseri Petrochem & Tea (India) – PET resin production integrated with regional supply chains.
  • Petroquimica Suape (Brazil) – Key South American PET resin producer.
  • KoKsan (Turkey) – Regional supplier with focus on packaging resins.
  • EIPET (Egypt) – PET resin producer serving Middle East and Africa.
  • Thai PET Resin Co. Ltd. (Thailand) – Regional supplier supporting Southeast Asia demand.

Innovators & Specialty Producers

  • TEIJIN (Japan) – Focus on advanced polyester resins and specialty PET applications.
  • Selenis (Portugal) – Innovator in specialty PET resins for packaging and industrial use.
  • NEO GROUP (Lithuania) – European PET resin producer with focus on sustainability.
  • Zhejiang Hengyi (China) – Large-scale Chinese producer with integrated petrochemical operations.
  • Sanfangxiang Group (China) – Major Chinese PET resin supplier.
  • Rongsheng Petrochemical (China) – Expanding PET resin capacity with strong domestic demand.
  • Wankai New Materials (China) – Focus on PET resin innovation and cost-effective production.
  • Zhenbang Fibre (China) – Specialty PET fibre and resin producer.
  • Since CR Chemicals (China) – Niche supplier with regional focus.
  • Far Eastern Industry (China/Taiwan) – Diversified PET resin and polyester producer.

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