Heavily Populated Countries of Asia and Europe to Drive Global PTE Market According to Merchant Research & Consulting Ltd.Aug 1st, 2011
LONDON – Demand for Polyethylene terephthalate (PTE) today is by large part driven by the major consuming fields – carbonated soft drinks and bottled water that account together for more than 66% of PTE consumption globally. The unparalleled growth of carbonated soft drinks and bottled water industries and thus the packaging industry can be primarily attributed to the changing lifestyles of people in the developing countries.
Taking into account that India and China are heavily populated it does not come as a surprise that these economies are key regional drivers for the global polyethylene terephthalate demand. Europe ranks second in the list of PTE consumers after China. Here the largest growing market for PTE is Russia. The overall annual growth rate for the world PTE market is forecast to almost reach the level of 5% in the coming 10 years.
Detailed overview and outlooks on global, regional and country markets of polyethylene terephthalate can be found in the new market research report “Polyethylene Terephthalate (PET): 2011 World Market Outlook And Forecast” that addresses present situation, historical background and future forecast and reviews comprehensive data showing polyethylene terephthalate capacities, production, consumption, trade statistics, and global, regional and by-country prices in the recent years.
Polyethylene Terephthalate (PET): 2011 World Market Outlook And Forecast
Published: June, 2011
The report covers full-view information on polyethylene terephthalate producers and suppliers, analyses polyethylene terephthalate production and trade in the respective country, polycarbonate prices and overall market conditions. Polyethylene terephthalate market future outlooks through 2016, including projected market volumes and prices.
The report on terephthalate production has been completed by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Polyethylene Terephthalate (PET): 2011 World Market Outlook And Forecast” is included into the catalogue “Polymers”, which also highlights Acrylonitrile-Butadiene-Styrene Copolymer, Nitrile Rubber, Nitrobenzene, Polystyrene, Polyvinyl Chloride, Vinyl Acetate, Vinyl Chloride markets.
Merchant Research & Consulting Ltd.
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