Polyethylene Naphthalate Marketembed
Global polyethylene naphthalate market size was valued at US$ 1,126.9 million in 2018, and is expected to register a CAGR of 8.48% during the forecast period (2019-2027).
Polyethylene Naphthalate Market Size and Forecast, 2027 Polyethylene naphthalate or PEN is a polyester derived from naphthalate-2, ethylene glycol, and 6-dicarboxylic acid. Although polyethylene naphthalate is similar to terephthalate (PET) chemically, it is more temperature resistant and a better barrier compared to PET. It features excellent physical properties such as good thermal conductivity, dimensional stability, dielectric strength, excellent hydrolysis resistance, low thermal shrinkage, and high mechanical strength. Polyethylene naphthalate finds applications in manufacturing of various products such as industrial fibers, beverage containers, textiles, foamed articles, films, and other thermoformed applications. Generally, it is available in the market in the form of films, laminates, and rods. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/2907 Market Regional Analysis North America is expected to account for the largest market share in the global polyethylene naphthalate market during the forecast period. Growing use of polyethylene naphthalate in the food and beverage industry is expected to increase its demand and subsequently boost the market growth. Asia Pacific is expected to witness slower growth as compared to North America and Europe, though poses tremendous opportunities for the market players in the near future. Emerging economies in the Asia Pacific such as Japan and China are expected to hold the dominant positions in the region. Market Players Key players operating in the global polyethylene naphthalate market include Teijin Ltd., Advansa Sasa Polyester San A.S. DuPont, DuraFiber Technologies, Toray Monofilament, Kolon Plastics, and Sumitomo Chemical. For More Information: http://bit.ly/31XwOyi About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]