Polyethylene terephthalate (PET) preforms are the unfinished products made by injection molding of polyethylene terephthalate, which is the most common thermoplastic polyester. PET is strong, stiff, hard, and dimensionally stable material. It is resistant to water, gas, and all the chemicals except alkalis. PET is colorless and highly transparent. Food and beverages industries are continuously replacing glass and other metals bottle with PET bottles.
PET products have various properties such as light weight, long shelf life, and are easy to handle, owing to these advantages PET products are widely used in packaged food and beverages industries. PET products are widely used in healthcare and cosmetics industries, due to the innovations in packaging industry. Increasing demand for pack weight reduction, the rise in consumption of carbonated soft drink, and new product developments are some of the major drivers for the growth of PET preform market. Stringent government regulations on usages of plastic products and unavailability of recycling facilities are major restraint for PET preforms market.
PET preforms Market Taxonomy:
On the basis of End-Use Industry, the PET preform market is segmented into:
On the basis of applications, the PET preform market is segmented into:
On the basis of neck standards, the PET preform market is segmented into:
On the basis of the distribution channel, the PET preform market is segmented into:
PET preform Market outlook:
In February 2017, Alpha packaging company has acquired Star East PET. Alpha is the largest packaging company while Star East PET is the Romanian manufacturer of PET preforms for food, non-food and drink products. By this acquisition, Alpha expand its production capacity in Eastern Europe with increasing product portfolio and customer base.
Key players in the PET Preforms Market
Key players operating the global PET preforms market include Plastipak Holdings, Inc. (the U.S), ALPLA Werke Alwin L. GmbH & Co KG (Austria), Societe Generale des Techniques (France), KOKSAN Pet Packaging Industry Co. (Turkey), Zhuhai Zhongfu Enterprise Co. Ltd (China), Retal Industries Ltd. (Cyprus), Indorama Ventures Public Company Limited (Thailand), Rawasy Al Khaleej Plastic Ind. (UAE), RESILUX NV (Belgium), and Taiwan Hon Chuan Enterprise Co. Ltd (Taiwan).
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