DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "PET Bottle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017 - 2022" report to their offering.
The global PET bottle market was worth 16.8 Million Tons in 2016, growing at a CAGR of around 2.4% during 2009-2016.
PET bottles are bottles made-up of a plastic resin chemically known as polyethylene terephthalate. Due to some inherent properties of PET resin, these bottles are transparent, light-weight, high in strength and impermeable to carbon dioxide. Unlike other plastic containers that use PP or HDPE or PVC, PET bottles are translucent, leave no residues and can be easily recycled.
Being light in weight and easy to handle, they are preferred in the packaging of carbonated soft drinks (CSD's) and are continuously replacing glass bottles which tend to break and are not user friendly. With an increasing demand for bottled beverages and replacements of glass and metal containers, the demand for PET bottles is currently rising at a healthy pace.
Currently, packaged water represents the largest end-use market for PET bottles accounting for more than one-third of the total global consumption. Packaged water is followed by carbonated soft drinks/CSD, food bottles & jars, non-food bottles & jars, fruit juice and beer. Regionally, the Asia-Pacific region represents the largest PET bottle market and accounts for around 32% of the total global PET bottle sales. The Asia-Pacific region is followed by North America and Europe.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
5 Global PET Bottles Industry
6 Performance of Key Regions
7 Market by End Use
8 Competitive Landscape
9 PET Bottle Manufacturing Process
10 Project Details, Requirements and Costs Involved
11 Loans and Financial Assistance
12 Project Economics
13 Key Player Profiles
For more information about this report visit http://www.researchandmarkets.com/research/rsf5m4/pet_bottle