PET Preforms Market Growth Factors, Business Developments, Segmentation and Technologies 2018-2026

1. PET Preforms Market Growth Factors, Business Developments, Segmentation and Technologies 2018-2026 Market Overvciew Polyethylene terephthalate (PET) preforms are the unfinished products made by injection molding of polyethylene terephthalate, which is the most common thermoplastic polyester. PET is strong, stiff, hard, and dimensionally stable material. It is resistant to water, gas, and all the chemicals except alkalis. PET is colorless and highly transparent. Food and beverages industries are continuously replacing glass and other metals bottle with PET bottles. PET products have various properties such as light weight, long shelf life, and are easy to handle, owing to these advantages PET products are widely used in packaged food and beverages industries. PET products are widely used in healthcare and cosmetics industries, due to the innovations in packaging industry. Increasing demand for pack weight reduction, the rise in consumption of carbonated soft drink, and new product developments are some of the major drivers for the growth of PET preform market. Stringent government regulations on usages of plastic products and unavailability of recycling facilities are major restraint for PET preforms market. Request Sample Copy Of This Business Report:https://www.coherentmarketinsights.com/insight/request-sample/852 Market Dynamics Asia Pacific is the fastest growing region in PET preforms market. There is high demand for PET preforms in emerging economies such as China, Japan, and India. China is the largest market for PET preform in this region. Increasing demand for carbonated soft drinks, purified water, food, beverages, and pharmaceutical liquor due to the growing population in economies such as India and China has increased the demand for plastic products and plastic industries, in turn fueling the PET preform market in this region. According to Council of Scientific and Industrial Research (CSIR)- National Chemical Laboratory (NCL), nearly 900-kilo tons of PET was produce in India in 2015- 16, out of which 820-kilo tones were used in the production of PET products. 65% of the same is recycled at registered recycled facilities, 15% is unorganized sector and 10% is reused for domestic uses. India has the highest recycling rate of PET products, which is the major driving factor for the growth of PET preform market over the forecast period. PET preforms Market Taxonomy: On the basis of End-Use Industry, the PET preform market is segmented into: •Food and Beverage Industry •Cosmetics Industry •Pharmaceutical & Liquor Industry •Bottle Industry On the basis of applications, the PET preform market is segmented into: •Water bottles •Carbonated Soft drink (CSD) bottles

2. •Oil/Edible oil bottles •Food packaging •Juice/ Milk bottles •Alcoholic Drinks Bottles •Others (Chemicals, Pesticides, Households etc.) Key players operating the global PET preforms market include Plastipak Holdings, Inc. (the U.S), ALPLA Werke Alwin L. GmbH & Co KG (Austria), Societe Generale des Techniques (France), KOKSAN Pet Packaging Industry Co. (Turkey), Zhuhai Zhongfu Enterprise Co. Ltd (China), Retal Industries Ltd. (Cyprus), Indorama Ventures Public Company Limited (Thailand), Rawasy Al Khaleej Plastic Ind. (UAE), RESILUX NV (Belgium), and Taiwan Hon Chuan Enterprise Co. Ltd (Taiwan). About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US +12067016702 / UK +4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs:https://blog.coherentmarketinsights.com