Global Polyethylene Terephthalate (PET) Market: Improving Purchasing Power to Translate to Higher Consumption, Says TMR
Transparency Market Research (TMR) observes that the competitive landscape in the global polyethylene terephthalate (PET) market is fairly fragmented. The research analysts expect that the competition is set to intensify in the coming years due to affordable switching costs and strong presence of PET resin suppliers. The leading five players, Indorama Ventures, M & G Chemicals, Jiangsu Sanfanxiang, Octal, and DAK Americas, collectively held a share of about 39% in the global market in 2015. Companies are focused on expanding...
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