Polyethylene Terephthalate / PET Packaging Use by Sector
Bottled water accounted for 34.6 percent of global polyethylene terephthalate (PET) packaging consumption. Learn PET packaging use by type.
Bottled water accounted for 34.6 percent of global polyethylene terephthalate (PET) packaging consumption. Learn PET packaging use by type.
The US plastic production of resins has been growing. Growth rate reached peaks in 2019. Common are PP, LLDPE & HDPE in the United States.
According to recent reports, the global PET production capacity is expected to grow by over 35 million metric tons in the next few years.
The plastic use by industries in the EU according to the end-use shows that packaging accounted for 39% in 2019. The breakdown is interesting.
In 2020, the world market for high-density polyethylene (HDPE) worldwide reached an astonishing $70.7 billion U.S. dollars. HDPE is versatile.
The value of polypropylene market (commonly PP) worldwide has risen since 2015 & is expected to grow strongly. It is a thermoplastic polymer.
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