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PET Bottle Market Price Trends, Size, Growth, Opportunity and Forecast To 2021-2026

The latest report by IMARC Group, titled “PET Bottle Market Price Trends : Global Industry Share, Size, Growth, Opportunity and Forecast 2021-2026”, finds that  The global PET bottle market reached a volume of 13.1 Million Tons in 2020. Polyethylene Terephthalate (PET) is a durable thermoplastic polymer resin that is made from ethylene glycol and terephthalic acid. It is clear, strong, flexible, thermally stable and lightweight in nature. It is characterized by excellent gas barrier properties and chemical resistance. Primarily used in the packaging of drinking water, PET bottles are also gaining widespread prominence as an essential packaging solution across cosmetics, personal care, and pharmaceutical industries. 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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The global market is primarily driven by significant growth in the food and beverage sector. Coupled with the shifting dietary preferences of the masses and their inflating disposable income levels, there has been a considerable rise in the demand for bottled beverages, which is providing a boost to the uptake of PET bottles across the globe. Additionally, rapid technological advancements on the global level have also created a positive outlook for the market. This has led to the introduction of PET bottles with customized shapes and plasma-based coatings, which are gaining widespread popularity among the masses. Looking forward, IMARC Group expects the market to reach a volume of 15.2 Million Tons by 2026.

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Key highlights of the report:                                                             

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About Us                                                                      

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise

Tags: Global PET Bottle Market, PET Bottle Market, PET Bottle Market Size, PET Bottle Market Report, PET Bottle Market Share

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Contact Information:

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800