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Germany Polyethylene Terephthalate (PET) Market By Type (Virgin, Recycled), By Application (Packaging, Automotive, Construction, Medical, Others): Opportunity Analysis and Industry Forecast, 2023-2032
Market Report I 2023-06-01 I 72 Pages I Allied Market Research
Polyethylene Terephthalate (PET) is a linear polyester that offers exceptional physical performance, chemical resistance, and affordable manufacture. PET is used for making high-quality textiles, thermoplastic films, and resins. It is widely used in construction applications, automotive components, packaging, and medical and pharmaceutical films due to its high strength, durability, transparency, and superior thermal and chemical resistance. It is further used in optical laminates, electronics, and certain industrial applications such as packaging of food items. The Germany PET market is estimated to exhibit a promising CAGR of 5.2% from 2020 to 2027, with remarkable growth in the development of packaging technologies.
The key driver that is expected to fuel growth in the Germany PET market is the need for sustainable packaging materials. PET is a recyclable and biodegradable material that is increasingly preferred for packaging. This has led to increased levels of PET consumption in the food and beverage packaging sector. In addition, increasing applications in the medical and healthcare sector are expected to boost the market for PET in Germany. PET is employed in the production of medical tubing such as infusion and arterial tubes, plastic bottled solutions, and OTC drugs, which are expected to provide significant opportunities for the market. In addition, increase in investments in infrastructure development and rise in automotive sales are likely to augment the demand for PET in the coming years.
However, high cost of raw materials and increase in environmental concerns restrain the growth of the PET market in Germany. In addition, increasing awareness regarding the health and environmental impacts due to PET and other non-biodegradable products hindering market growth.
Contrary, surge in demand for personal protective equipment (PPE) is expected to offer lucrative growth opportunities for the Germany PET market. The increasing production of PPEs such as masks for medical applications has created a simultaneous surge in the demand for PET films and sheaths. Furthermore, the introduction of high-performance PET-based bioplastic for various sectors such as automotive, food & beverage, and construction is anticipated to offer remunerative opportunities for the growth of the PET market in Germany.
The growing preference for eco-friendly products is further expected to open new doors of opportunities for PET manufacturers. For instance, OXO-bioplastic is expected to gain traction in the market in recent years. Moreover, the viability of producing fortified products with PET as a key component in the food industry has created various opportunities for the producers of PET in Germany.
The Germany PET market is segmented into type and application. Based on type, the PET market is classified into virgin and recycled PET. The market is further segmented by application into packaging, automotive, construction, medical, and others. Of these, the packaging segment is expected to account for a major market share due to the increasing demand for PET from the food & beverage industry.
The implementation of stringent regulations against the usage of single-use plastic is anticipated to create a remarkable impact on the Germany PET market. In addition, the growing popularity of functional bottles and containers encourages manufacturing professionals in the industry to employ PET solutions. Moreover, the increasing preference for rigid and flexible packaging materials to pack consumer goods is expected to drive the market for PET in Germany. Furthermore, the emergence of bio-based PET, chiefly from renewable sources such as sugarcane and corn, is anticipated to lead to market expansion in the future.
The leading participants in the Germany PET market include Coca-Cola Company, Nestle, Danone, SABMiller Plc, Solvay, ExxonMobil Chemical, Sintex Industries, Dow Chemical, Kuraray, and Westlake Polymers. The Porter's five force analysis is an analytical tool that is used to assess market attractiveness to determine the intensity of competitive rivalry. The analysis accounts for the factors that influence competition such as the bargaining power of buyers and suppliers, the threat of new entrants and substitutes, and industry rivalry.
The requirement of high capital investment and innovative technology in PET manufacturing might create a barrier to the entry of potential participants. In addition, the existing players have access to economies of scale, which makes it difficult for the new entrants to compete in the market. The bargaining power of suppliers is relatively low due to the presence of significant players in the industry. The key suppliers of PET possess moderate bargaining power due to their limited geographically fragmented customers.
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Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
Analyze the key strategies adopted by major market players in germany polyethylene terephthalate (pet) market.
Assess and rank the top factors that are expected to affect the growth of germany polyethylene terephthalate (pet) market.
Top Player positioning provides a clear understanding of the present position of market players.
Detailed analysis of the germany polyethylene terephthalate (pet) market segmentation assists to determine the prevailing market opportunities.
Identify key investment pockets for various offerings in the market.
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Key Market Segments
By Type
- Virgin
- Recycled
By Application
- Packaging
- Automotive
- Construction
- Medical
- Others
- Key Market Players
- Indorama Ventures
- Franz Haniel & Cie GmbH
- DAK Americas
- SK Global Chemicals (South Korea)
- Sappi
- Lotte Chemical
- Grupo M&G (Philippines)
- Bavaria Industri Kapital B.V.
- Evergreen Packaging
- Steinweg Handelsveem
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits to the Stakeholders
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY TYPE
4.1. Overview
4.1.1. Market Size and Forecast, By Type
4.2. Virgin
4.3. Recycled
CHAPTER 5: GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market Size and Forecast, By Application
5.2. Packaging
5.3. Automotive
5.4. Construction
5.5. Medical
5.6. Others
CHAPTER 6: COMPETITIVE LANDSCAPE
6.1. Introduction
6.2. Top winning strategies
6.3. Product Mapping of Top 10 Player
6.4. Competitive Dashboard
6.5. Competitive Heatmap
6.6. Top player positioning, 2022
CHAPTER 7: COMPANY PROFILES
7.1. Indorama Ventures
7.1.1. Company overview
7.1.2. Key Executives
7.1.3. Company snapshot
7.1.4. Operating business segments
7.1.5. Product portfolio
7.1.6. Business performance
7.1.7. Key strategic moves and developments
7.2. Franz Haniel & Cie GmbH
7.2.1. Company overview
7.2.2. Key Executives
7.2.3. Company snapshot
7.2.4. Operating business segments
7.2.5. Product portfolio
7.2.6. Business performance
7.2.7. Key strategic moves and developments
7.3. DAK Americas
7.3.1. Company overview
7.3.2. Key Executives
7.3.3. Company snapshot
7.3.4. Operating business segments
7.3.5. Product portfolio
7.3.6. Business performance
7.3.7. Key strategic moves and developments
7.4. SK Global Chemicals (South Korea)
7.4.1. Company overview
7.4.2. Key Executives
7.4.3. Company snapshot
7.4.4. Operating business segments
7.4.5. Product portfolio
7.4.6. Business performance
7.4.7. Key strategic moves and developments
7.5. Sappi
7.5.1. Company overview
7.5.2. Key Executives
7.5.3. Company snapshot
7.5.4. Operating business segments
7.5.5. Product portfolio
7.5.6. Business performance
7.5.7. Key strategic moves and developments
7.6. Lotte Chemical
7.6.1. Company overview
7.6.2. Key Executives
7.6.3. Company snapshot
7.6.4. Operating business segments
7.6.5. Product portfolio
7.6.6. Business performance
7.6.7. Key strategic moves and developments
7.7. Grupo M&G (Philippines)
7.7.1. Company overview
7.7.2. Key Executives
7.7.3. Company snapshot
7.7.4. Operating business segments
7.7.5. Product portfolio
7.7.6. Business performance
7.7.7. Key strategic moves and developments
7.8. Bavaria Industri Kapital B.V.
7.8.1. Company overview
7.8.2. Key Executives
7.8.3. Company snapshot
7.8.4. Operating business segments
7.8.5. Product portfolio
7.8.6. Business performance
7.8.7. Key strategic moves and developments
7.9. Evergreen Packaging
7.9.1. Company overview
7.9.2. Key Executives
7.9.3. Company snapshot
7.9.4. Operating business segments
7.9.5. Product portfolio
7.9.6. Business performance
7.9.7. Key strategic moves and developments
7.10. Steinweg Handelsveem
7.10.1. Company overview
7.10.2. Key Executives
7.10.3. Company snapshot
7.10.4. Operating business segments
7.10.5. Product portfolio
7.10.6. Business performance
7.10.7. Key strategic moves and developments
LIST OF TABLES
TABLE 01. GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 02. GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY TYPE, 2022-2032 (KILOTON)
TABLE 03. GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 04. GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET, BY APPLICATION, 2022-2032 (KILOTON)
TABLE 05. INDORAMA VENTURES: KEY EXECUTIVES
TABLE 06. INDORAMA VENTURES: COMPANY SNAPSHOT
TABLE 07. INDORAMA VENTURES: OPERATING SEGMENTS
TABLE 08. INDORAMA VENTURES: PRODUCT PORTFOLIO
TABLE 09. INDORAMA VENTURES: KEY STRATERGIES
TABLE 10. FRANZ HANIEL & CIE GMBH: KEY EXECUTIVES
TABLE 11. FRANZ HANIEL & CIE GMBH: COMPANY SNAPSHOT
TABLE 12. FRANZ HANIEL & CIE GMBH: OPERATING SEGMENTS
TABLE 13. FRANZ HANIEL & CIE GMBH: PRODUCT PORTFOLIO
TABLE 14. FRANZ HANIEL & CIE GMBH: KEY STRATERGIES
TABLE 15. DAK AMERICAS: KEY EXECUTIVES
TABLE 16. DAK AMERICAS: COMPANY SNAPSHOT
TABLE 17. DAK AMERICAS: OPERATING SEGMENTS
TABLE 18. DAK AMERICAS: PRODUCT PORTFOLIO
TABLE 19. DAK AMERICAS: KEY STRATERGIES
TABLE 20. SK GLOBAL CHEMICALS (SOUTH KOREA): KEY EXECUTIVES
TABLE 21. SK GLOBAL CHEMICALS (SOUTH KOREA): COMPANY SNAPSHOT
TABLE 22. SK GLOBAL CHEMICALS (SOUTH KOREA): OPERATING SEGMENTS
TABLE 23. SK GLOBAL CHEMICALS (SOUTH KOREA): PRODUCT PORTFOLIO
TABLE 24. SK GLOBAL CHEMICALS (SOUTH KOREA): KEY STRATERGIES
TABLE 25. SAPPI: KEY EXECUTIVES
TABLE 26. SAPPI: COMPANY SNAPSHOT
TABLE 27. SAPPI: OPERATING SEGMENTS
TABLE 28. SAPPI: PRODUCT PORTFOLIO
TABLE 29. SAPPI: KEY STRATERGIES
TABLE 30. LOTTE CHEMICAL: KEY EXECUTIVES
TABLE 31. LOTTE CHEMICAL: COMPANY SNAPSHOT
TABLE 32. LOTTE CHEMICAL: OPERATING SEGMENTS
TABLE 33. LOTTE CHEMICAL: PRODUCT PORTFOLIO
TABLE 34. LOTTE CHEMICAL: KEY STRATERGIES
TABLE 35. GRUPO M&G (PHILIPPINES): KEY EXECUTIVES
TABLE 36. GRUPO M&G (PHILIPPINES): COMPANY SNAPSHOT
TABLE 37. GRUPO M&G (PHILIPPINES): OPERATING SEGMENTS
TABLE 38. GRUPO M&G (PHILIPPINES): PRODUCT PORTFOLIO
TABLE 39. GRUPO M&G (PHILIPPINES): KEY STRATERGIES
TABLE 40. BAVARIA INDUSTRI KAPITAL B.V.: KEY EXECUTIVES
TABLE 41. BAVARIA INDUSTRI KAPITAL B.V.: COMPANY SNAPSHOT
TABLE 42. BAVARIA INDUSTRI KAPITAL B.V.: OPERATING SEGMENTS
TABLE 43. BAVARIA INDUSTRI KAPITAL B.V.: PRODUCT PORTFOLIO
TABLE 44. BAVARIA INDUSTRI KAPITAL B.V.: KEY STRATERGIES
TABLE 45. EVERGREEN PACKAGING: KEY EXECUTIVES
TABLE 46. EVERGREEN PACKAGING: COMPANY SNAPSHOT
TABLE 47. EVERGREEN PACKAGING: OPERATING SEGMENTS
TABLE 48. EVERGREEN PACKAGING: PRODUCT PORTFOLIO
TABLE 49. EVERGREEN PACKAGING: KEY STRATERGIES
TABLE 50. STEINWEG HANDELSVEEM: KEY EXECUTIVES
TABLE 51. STEINWEG HANDELSVEEM: COMPANY SNAPSHOT
TABLE 52. STEINWEG HANDELSVEEM: OPERATING SEGMENTS
TABLE 53. STEINWEG HANDELSVEEM: PRODUCT PORTFOLIO
TABLE 54. STEINWEG HANDELSVEEM: KEY STRATERGIES
LIST OF FIGURES
FIGURE 01. GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET, 2022-2032
FIGURE 02. SEGMENTATION OF GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET, 2022-2032
FIGURE 03. TOP INVESTMENT POCKETS IN GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET (2023-2032)
FIGURE 04. PORTER FIVE-1
FIGURE 05. PORTER FIVE-2
FIGURE 06. PORTER FIVE-3
FIGURE 07. PORTER FIVE-4
FIGURE 08. PORTER FIVE-5
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET
FIGURE 10. GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET,BY TYPE, 2022 ($MILLION)
FIGURE 11. GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET,BY APPLICATION, 2022 ($MILLION)
FIGURE 12. TOP WINNING STRATEGIES, BY YEAR
FIGURE 13. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 14. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 15. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 16. COMPETITIVE DASHBOARD
FIGURE 17. COMPETITIVE HEATMAP: GERMANY POLYETHYLENE TEREPHTHALATE (PET) MARKET
FIGURE 18. TOP PLAYER POSITIONING, 2022
FIGURE 19. INDORAMA VENTURES: NET SALES, 2020-2022*($MILLION)
FIGURE 20. INDORAMA VENTURES: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 21. INDORAMA VENTURES: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 22. FRANZ HANIEL & CIE GMBH: NET SALES, 2020-2022*($MILLION)
FIGURE 23. FRANZ HANIEL & CIE GMBH: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 24. FRANZ HANIEL & CIE GMBH: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 25. DAK AMERICAS: NET SALES, 2020-2022*($MILLION)
FIGURE 26. DAK AMERICAS: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 27. DAK AMERICAS: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 28. SK GLOBAL CHEMICALS (SOUTH KOREA): NET SALES, 2020-2022*($MILLION)
FIGURE 29. SK GLOBAL CHEMICALS (SOUTH KOREA): REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 30. SK GLOBAL CHEMICALS (SOUTH KOREA): REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 31. SAPPI: NET SALES, 2020-2022*($MILLION)
FIGURE 32. SAPPI: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 33. SAPPI: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 34. LOTTE CHEMICAL: NET SALES, 2020-2022*($MILLION)
FIGURE 35. LOTTE CHEMICAL: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 36. LOTTE CHEMICAL: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 37. GRUPO M&G (PHILIPPINES): NET SALES, 2020-2022*($MILLION)
FIGURE 38. GRUPO M&G (PHILIPPINES): REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 39. GRUPO M&G (PHILIPPINES): REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 40. BAVARIA INDUSTRI KAPITAL B.V.: NET SALES, 2020-2022*($MILLION)
FIGURE 41. BAVARIA INDUSTRI KAPITAL B.V.: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 42. BAVARIA INDUSTRI KAPITAL B.V.: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 43. EVERGREEN PACKAGING: NET SALES, 2020-2022*($MILLION)
FIGURE 44. EVERGREEN PACKAGING: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 45. EVERGREEN PACKAGING: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 46. STEINWEG HANDELSVEEM: NET SALES, 2020-2022*($MILLION)
FIGURE 47. STEINWEG HANDELSVEEM: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 48. STEINWEG HANDELSVEEM: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
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