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Amorphous Polyethylene Terephthalate Market Share, Industry Size, Growth, Challenges And Forecast to 2027

Amorphous Polyethylene Terephthalate Market Share, Industry Size, Growth, Challenges And Forecast to 2027
Amorphous polyethylene terephthalate (APET) market is expected to grow USD 62 billion CAGR 7.30% during the forecast 2021-2030. Amorphous polyethylene terephthalate is a type of plastic material with glass-like properties. It is created by extruding polyethylene terephthalate (PET). Global Amorphous Polyethylene Terephthalate, by the End-Use Industry (%) Source: MRFR analysis Regional Analysis The global amorphous polyethylene terephthalate market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific accounted for a major market share in the global amorphous polyethylene terephthalate market in 2016 owing to the high demand from major end-use industries such as food & beverage, automotive, electronics, and textiles in this region. The shifting trends towards the processed food consumption and growing automotive industry are anticipated to drive the market growth in Latin America. Segmentation Key Players

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