Global Polyethylene Teraphthalate Market Is Expected to Reach $65.4 Billion by 2022; Finds New Report
Global Polyethylene Teraphthalate Market is valued at $36.13 billion in 2015 and is expected to reach $65.4 billion by 2022 growing at a CAGR of 8.84% between 2015 and 2022. Rising demand of polyethylene teraphthalate from food and beverage sector, increasing demand for packaged food, rise in demand for electronics and automotive applications and eco friendly substitution are the major driving factors of the market. Furthermore, factors such as rapid urbanization, innovative packaging and high economic growth are favoring the...
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