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Report

Polyethylene Terephthalate (PET) Compounding Market Report and Forecast 2025-2034

Market Report I 2025-07-14 I 164 Pages I EMR Inc.

The global polyethylene terephthalate (PET) compounding market size is estimated to grow at a CAGR of 4.20% in the forecast period of 2025-2034. The major market drivers include the rising of PET compounding for product packaging and the versatility of PET compounding.

Key Trends in the Market

Polyethylene terephthalate (PET) compounding refers to the process of combining PET with different materials and substances in the form of additives and modifiers to product PET with specific qualities. PET is a commonly used polyester and its compounding products are used for a variety of applications, undergoing different levels of polymerisation for its different applications.

- PET compounding is gaining widespread popularity for pipe fittings as it is cost effective, provides stronger resistance against corrosion, and has a longer life span. These features make it a viable option for infrastructure development as well making it a replacement for wood in construction sites, thereby aiding in the expansion of the polyethylene terephthalate (PET) compounding market.

- The demand for packaging has grown in the food and beverages sector which leads to increased production of PET compounding as it provides effective insulation and has lower cost. In the packaging of foods and beverages, PET compounding aids in retaining the freshness of the food and doesn't break down, keeping the packaged content stable.

- Polyethylene terephthalate compounding product is a good replacement for glass as it does not break or suffer any damage, thus making it a safer option for the storage of products. It is also highly recyclable thus making it a preferred alternative for single use plastics.

Market Segmentation

The EMR's report titled "Polyethylene Terephthalate (PET) Compounding Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:

Market Breakup by Application

- Packaging
- Industrial Machinery
- Electrical and Electronics
- Automotive
- Construction
- Material Handling
- Others

Market Breakup by Region

- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa

Market Share by Application

Packaging applications account for a sizable share of the polyethylene terephthalate (PET) compounding market. It is cost effective and can be used to produce clear packaging that can be tailored easily to different shapes and support innovative designs. PET compounding has a safe formulation which makes it risk-free as it does not mix with the content inside the package. PET compounding applications in the construction sector are also on the rise, as it provides increased strength when used in a mixture with concrete.

Market Share by Region

Asia Pacific holds the sizable share in the global polyethylene terephthalate (PET) compounding market due to the increase in demand for packaging, rising usage of recyclable materials in consumer goods, and expansion of the construction projects. The versatility of PET compounding and vast supply of recycled PET are further supporting the market for PET compounding in the Asia Pacific. Meanwhile, in North America, the increasing demand for food delivery has led to heightened use of effective food packaging.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global polyethylene terephthalate compounding market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

BASF SE

BASF SEis a multinational chemical company, founded in 1865, with headquarters located in Ludwigshafen, Germany. They are major sellers in the chemical and agricultural sector, and also provide their services in nutrition, materials, and industrial solutions. Some of their major selling products are solvents, paints, food additives, adhesives, and pigments.

SABIC

SABIC,also known as or Saudi Arabia's Basic Industries Corporation, is an active supplier of chemicals, fertilisers, petrochemicals, and polymers. The company was founded in 1976 and its headquarters are situated in Riyadh, Saudi Arabia. They deal in the export of chemicals and fertilisers and provide eco-friendly materials; some of the company's notable products include HDPE, LDPE, and PP copolymer.

RTP Company

RTP Company,founded in 1982, is a multinational compounder company of thermoplastics. Its headquarters are in Minnesota, United States and they reduce manufacturing costs through their specifically formulated compounds to fulfil consumer needs.

Other market players include Polyvisions Inc., and DuPont de Nemours, Inc., among others.

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Polyethylene Terephthalate (PET) Compounding Market Analysis
5.1 Key Industry Highlights
5.2 Global Polyethylene Terephthalate (PET) Compounding Historical Market (2018-2024)
5.3 Global Polyethylene Terephthalate (PET) Compounding Market Forecast (2025-2034)
5.4 Global Polyethylene Terephthalate (PET) Compounding Market by Application
5.4.1 Packaging
5.4.1.1 Market Share
5.4.1.2 Historical Trend (2018-2024)
5.4.1.3 Forecast Trend (2025-2034)
5.4.2 Industrial Machinery
5.4.2.1 Market Share
5.4.2.2 Historical Trend (2018-2024)
5.4.2.3 Forecast Trend (2025-2034)
5.4.3 Electrical and Electronics
5.4.3.1 Market Share
5.4.3.2 Historical Trend (2018-2024)
5.4.3.3 Forecast Trend (2025-2034)
5.4.4 Automotive
5.4.4.1 Market Share
5.4.4.2 Historical Trend (2018-2024)
5.4.4.3 Forecast Trend (2025-2034)
5.4.5 Construction
5.4.5.1 Market Share
5.4.5.2 Historical Trend (2018-2024)
5.4.5.3 Forecast Trend (2025-2034)
5.4.6 Material Handling
5.4.6.1 Market Share
5.4.6.2 Historical Trend (2018-2024)
5.4.6.3 Forecast Trend (2025-2034)
5.4.7 Others
5.5 Global Polyethylene Terephthalate (PET) Compounding Market by Region
5.5.1 Market Share
5.5.1.1 North America
5.5.1.2 Europe
5.5.1.3 Asia Pacific
5.5.1.4 Latin America
5.5.1.5 Middle East and Africa
6 Regional Analysis
6.1 North America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.1.3 Breakup by Country
6.1.3.1 United States of America
6.1.3.2 Canada
6.2 Europe
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
6.2.3 Breakup by Country
6.2.3.1 United Kingdom
6.2.3.2 Germany
6.2.3.3 France
6.2.3.4 Italy
6.2.3.5 Others
6.3 Asia Pacific
6.3.1 Historical Trend (2018-2024)
6.3.2 Forecast Trend (2025-2034)
6.3.3 Breakup by Country
6.3.3.1 China
6.3.3.2 Japan
6.3.3.3 India
6.3.3.4 ASEAN
6.3.3.5 Australia
6.3.3.6 Others
6.4 Latin America
6.4.1 Historical Trend (2018-2024)
6.4.2 Forecast Trend (2025-2034)
6.4.3 Breakup by Country
6.4.3.1 Brazil
6.4.3.2 Argentina
6.4.3.3 Mexico
6.4.3.4 Others
6.5 Middle East and Africa
6.5.1 Historical Trend (2018-2024)
6.5.2 Forecast Trend (2025-2034)
6.5.3 Breakup by Country
6.5.3.1 Saudi Arabia
6.5.3.2 United Arab Emirates
6.5.3.3 Nigeria
6.5.3.4 South Africa
6.5.3.5 Others
7 Market Dynamics
7.1 SWOT Analysis
7.1.1 Strengths
7.1.2 Weaknesses
7.1.3 Opportunities
7.1.4 Threats
7.2 Porter's Five Forces Analysis
7.2.1 Supplier's Power
7.2.2 Buyer's Power
7.2.3 Threat of New Entrants
7.2.4 Degree of Rivalry
7.2.5 Threat of Substitutes
7.3 Key Indicators for Demand
7.4 Key Indicators for Price
8 Value Chain Analysis
9 Competitive Landscape
9.1 Supplier Selection
9.2 Key Global Players
9.3 Key Regional Players
9.4 Key Player Strategies
9.5 Company Profiles
9.5.1 BASF SE
9.5.1.1 Company Overview
9.5.1.2 Product Portfolio
9.5.1.3 Demographic Reach and Achievements
9.5.1.4 Certifications
9.5.2 SABIC
9.5.2.1 Company Overview
9.5.2.2 Product Portfolio
9.5.2.3 Demographic Reach and Achievements
9.5.2.4 Certifications
9.5.3 RTP Company
9.5.3.1 Company Overview
9.5.3.2 Product Portfolio
9.5.3.3 Demographic Reach and Achievements
9.5.3.4 Certifications
9.5.4 Polyvisions Inc
9.5.4.1 Company Overview
9.5.4.2 Product Portfolio
9.5.4.3 Demographic Reach and Achievements
9.5.4.4 Certifications
9.5.5 DuPont de Nemours, Inc.
9.5.5.1 Company Overview
9.5.5.2 Product Portfolio
9.5.5.3 Demographic Reach and Achievements
9.5.5.4 Certifications
9.5.6 Others

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