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PET Preforms Market

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PET Preforms Market report categorizes the global market by End-Use Industry (Food & Beverage, Cosmetic, Pharmaceutical & Liquor, Bottle), Application (Water Bottles, CSD, Edible Oil, Food Packaging, Juice, Alcoholic Beverages, Others), Neck Standar
PET Preforms Market, By End-Use Industry, Application,
Neck Standards, and Distribution Channels till 2026
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.
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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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pallavi.reddy
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