The market for Polyethylene Terephthalate (PET) continues to expand as demand for packaging and textile applications remains strong. PET offers transparency, strength, and processability, making it the preferred resin for beverage bottles, food containers, and polyester fibers. According to a recent overview, the global PET market is projected to grow significantly over the next several years, driven by consumer goods and packaging volume expansion.

Emerging economies are contributing disproportionately to this expansion. Rapid urbanisation, rising household incomes and increased consumption of bottled beverages and packaged food in the Asia-Pacific region provide tailwinds for PET demand. At the same time, PET’s recyclability is bolstering its appeal among manufacturers seeking more sustainable material sources.