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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