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US Polyethylene Terephthalate Market

ID: MRFR/CnM/11839-HCR
100 Pages
Garvit Vyas
October 2025

US Polyethylene Terephthalate Market Research Report Information by Processing Technology (Blow Molding, Injection Molding, Extrusion, 3D Printing), Grade (Textile Grade, Bottle Grade, Film Grade), End-Use Industry (Textile, Packaging, Automotive, Electrical & Electronics, Medical), and Region (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa)—Forecast till 2035

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US Polyethylene Terephthalate Market Infographic
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US Polyethylene Terephthalate Market Summary

The US Polyethylene Terephthalate Market is projected to grow from 25 USD billion in 2024 to 40 USD billion by 2035.

Key Market Trends & Highlights

US Polyethylene Terephthalate Market Key Trends and Highlights

  • The market is expected to experience a compound annual growth rate of 4.37 percent from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach 40 USD billion, indicating robust growth.
  • In 2024, the market is valued at 25 USD billion, reflecting a strong foundation for future expansion.
  • Growing adoption of sustainable packaging solutions due to increasing environmental concerns is a major market driver.

Market Size & Forecast

2024 Market Size 25 (USD Billion)
2035 Market Size 40 (USD Billion)
CAGR (2025 - 2035) 4.37%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Polyethylene Terephthalate Market market include

Report Scope

Report Attribute/Metric Details
Market Size 2022 USD 85.9 Billion
Market Size 2023 USD 90.95951 Billion
Market Size 2032 USD 143.7764 Billion
Compound Annual Growth Rate (CAGR) 5.89% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, End-User, Technology, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled China Petrochemical Corporation, Formosa Plastics Corporation, Petronas Chemicals Group, Mitsui Chemicals Inc., Exxon Mobil Corporation, LyondellBasell Industries NV, Sumitomo Chemical, SABIC, Ineos Group Holdings, Sasol Ltd., Chevron Philips chemical company
Key Market Opportunities Growing automotive industry
Key Market Dynamics Increase in demand for polyethylene across end-use industries such as packaging, and food.

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FAQs

What is the expected market size of the US Polyethylene Terephthalate Market by 2024?

The US Polyethylene Terephthalate Market is expected to be valued at 5.63 USD Billion by the year 2024.

What is the projected market value of the US Polyethylene Terephthalate Market by 2035?

By 2035, the market is projected to reach a value of 9.3 USD Billion.

What is the expected CAGR for the US Polyethylene Terephthalate Market during the forecast period?

The expected compound annual growth rate (CAGR) for the market from 2025 to 2035 is 4.674%.

Which processing technology segment is projected to hold the largest market share by 2035?

By 2035, the Blow Molding segment is expected to grow significantly, reaching 2.02 USD Billion.

What is the estimated market value for Injection Molding in the US Polyethylene Terephthalate Market by 2035?

The Injection Molding sector is anticipated to be valued at 2.25 USD Billion by the year 2035.

How much is the Extrusion segment expected to be worth in 2035?

The Extrusion segment of the market is projected to reach 2.8 USD Billion by 2035.

What are some of the major players in the US Polyethylene Terephthalate Market?

Key players in the market include Indorama Ventures, ChemChina, and The Coca-Cola Company among others.

What market value is projected for the 3D Printing segment by 2035?

By 2035, the 3D Printing segment is expected to be valued at 2.23 USD Billion.

What growth opportunities are present in the US Polyethylene Terephthalate Market?

Emerging trends such as sustainability and innovation in processing technologies offer growth opportunities.

What impact does the current global scenario have on the US Polyethylene Terephthalate Market?

Current global scenarios may influence supply chains and pricing strategies within the market.

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