South America Polyethylene Terephthalate (PET) Market Trends

Statistics for the 2023 & 2024 South America Polyethylene Terephthalate (PET) market trends, created by Mordor Intelligence™ Industry Reports. South America Polyethylene Terephthalate (PET) trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Market Trends of south america polyethylene terephthalate (pet) Industry

Rapid pace of technological innovations to boost the industry growth

  • In South America, Brazil held the major share of nearly 40% of the region's electrical and electronics production revenue in 2017. In 2017, Brazilian electronics products had a penetration of nearly 20% in the e-commerce sector. The advancement of technology in the region increased the demand for consumer electronics products, such as smart TVs, smart refrigerators, smart air conditioners, and other electrical and electronic products. South American electrical and electronics production revenue witnessed a CAGR of over 6.16% between 2017 and 2019.
  • In 2020, with the rise in demand for consumer electronics for remote working and home entertainment due to the pandemic, the production of electrical and electronic products in the region increased at a growth rate of 1.1% by revenue compared to the previous year. Rising disposable income, increased demand for luxury products, technological advancements, and improvement in living standards are some of the major factors driving the electrical and electronics market's growth. As a result, in the region, electrical and electronics production also increased at a rate of 14.9% by revenue in 2021.​
  • The rapid pace of electronic technological innovation is driving consistent demand for newer and faster electrical and electronic products. As a result, it has also increased the demand for the production of electrical and electronics in the region. The penetration of multinational companies, like LG, Samsung, Microsoft, Panasonic, Dell, Intel, Toshiba, Sony, Philips, Sharp, Apple, and Lenovo, also positively affects the electrical and electronics market. All such factors are expected to fuel the production revenue of electrical and electronics in the region during the forecast period at a rate of around 7%.
South America Polyethylene Terephthalate (PET) Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Increasing agreements and partnerships to boost the growth
  • Government reforms and increasing infrastructure investments to aid the industry growth
  • Demand from the packaging industry to boost demand for PET
  • Increasing demand for bottles from mineral water and beverage manufacturing units
  • Fast paced growth of electric vehicle sales to augment the industry
  • Food packaging to drive the plastic packaging demand
  • Volatile crude oil prices, coupled with geopolitical factors, to dictate PET resin prices
  • Waste management strategies initiated by different governments across the region are pushing the recycling of PET

South America Polyethylene Terephthalate (PET) Market Report - Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1 Study Assumptions & Market Definition

    2. 3.2 Scope of the Study​

    3. 3.3 Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1 End User Trends

      1. 4.1.1 Aerospace

      2. 4.1.2 Automotive

      3. 4.1.3 Building and Construction

      4. 4.1.4 Electrical and Electronics

      5. 4.1.5 Packaging

    2. 4.2 Import And Export Trends

      1. 4.2.1 Polyethylene Terephthalate (PET) Trade

    3. 4.3 Price Trends

    4. 4.4 Form Trends

    5. 4.5 Recycling Overview

      1. 4.5.1 Polyethylene Terephthalate (PET) Recycling Trends

    6. 4.6 Regulatory Framework

      1. 4.6.1 Argentina

      2. 4.6.2 Brazil

    7. 4.7 Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 5.1 End User Industry

      1. 5.1.1 Automotive

      2. 5.1.2 Building and Construction

      3. 5.1.3 Electrical and Electronics

      4. 5.1.4 Industrial and Machinery

      5. 5.1.5 Packaging

      6. 5.1.6 Other End-user Industries

    2. 5.2 Country

      1. 5.2.1 Argentina

      2. 5.2.2 Brazil

      3. 5.2.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Key Strategic Moves

    2. 6.2 Market Share Analysis

    3. 6.3 Company Landscape

    4. 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 6.4.1 Alfa S.A.B. de C.V.

      2. 6.4.2 China Petroleum & Chemical Corporation

      3. 6.4.3 Enka

      4. 6.4.4 Far Eastern New Century Corporation

      5. 6.4.5 Formosa Plastics Group

      6. 6.4.6 Indorama Ventures Public Company Limited

      7. 6.4.7 Reliance Industries Limited

      8. 6.4.8 SABIC

  7. 7. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS

  8. 8. APPENDIX

    1. 8.1 Global Overview

      1. 8.1.1 Overview

      2. 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)

      3. 8.1.3 Global Value Chain Analysis

      4. 8.1.4 Market Dynamics (DROs)

    2. 8.2 Sources & References

    3. 8.3 List of Tables & Figures

    4. 8.4 Primary Insights

    5. 8.5 Data Pack

    6. 8.6 Glossary of Terms

South America Polyethylene Terephthalate (PET) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029