Polyethylene terephthalate (PET) is the most commonly used thermoplastic polymer resin of the polyester family. It is made from terephthalic acid (TPA) and ethylene glycol (EG). Both, terephthalic acid (TPA) and ethylene glycol are derived from oil feedstocks. Depending on the process and thermal conditions, polyethylene terephthalate (PET) may exist in both, amorphous as well as semi-crystalline forms. It may have opaque, white, and transparent appearance depending on its crystalline and amorphous structure.

The amorphous polyethylene terephthalate (APET) market is valued at USD 28.86 Billion in 2017. Surging demand for amorphous polyethylene terephthalate from emerging economies and flourishing food & beverages industry across the globe are factors expected to drive the growth of the amorphous polyethylene terephthalate (APET) market during the forecast period. Among applications, the bottles segment is projected to lead the amorphous polyethylene terephthalate (APET) market in terms of value during the forecast period. Amorphous polyethylene terephthalate is used widely for manufacturing disposable bottles as it is lightweight and offers high malleability, inertness, clarity, and toughness. The growing use of amorphous polyethylene terephthalate for making bottles for packaging carbonated soft drinks (CSD), mineral water, ready-to-drink tea and coffee, dairy products, energy drinks, and alcoholic beverages is anticipated to drive the growth of the amorphous polyethylene terephthalate (APET) market between 2017 and 2022. Based on end-use industry, the amorphous polyethylene terephthalate (APET) market has been classified into food & beverages, pharmaceuticals, and others. In terms of value, the food & beverages end-use industry segment is expected to lead the amorphous polyethylene terephthalate (APET) market in 2017. This segment of the market is also projected to grow at the highest CAGR in terms of value during the forecast period. The food & beverages industry across the globe is undergoing transformation due to opening of new food retail chains, improving global economic conditions, rising disposable income of consumers, and growing demand for ready-to-eat food items. The growth of the food & beverages industry is anticipated to drive the demand for amorphous polyethylene terephthalate in the coming years. In terms of value, the Asia Pacific region is expected to lead the amorphous polyethylene terephthalate (APET) market in 2017. China and Japan are the major markets for amorphous polyethylene terephthalate in the Asia Pacific region. The growth of the Asia Pacific amorphous polyethylene terephthalate (APET) market can be attributed to the improving socio-economic conditions of masses, increasing population in the region, differences in food habits of people, and increasing customer base for fast-moving consumer goods (FMCG) and packaged food items & beverages. In terms of value, the Asia Pacific amorphous polyethylene terephthalate (APET) market is expected to grow at the highest CAGR from 2017 to 2022. Factors inhibiting the growth of the amorphous polyethylene terephthalate (APET) market are variations in environmental mandates and regulations across the globe. For instance, environmental norms and regulations in Asia Pacific, South America, and Africa are minimal as compared to Europe and North America. Furthermore, the growth of the amorphous polyethylene terephthalate (APET) market can be driven by the increasing demand for packaging materials made of amorphous polyethylene terephthalate from the food & beverages industry across the globe.

Amorphous Polyethylene Terephthalate Market vendors are placed into 4 categories based on their performance and reviews in each criterion: “visionary leaders,” “innovators,” “dynamic differentiators,” and “emerging companies".

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.