Polyethylene Terephthalate (PET) or ((C10H8O4) n) is a variety of synthetic polymer that is commercially obtained from the polycondensation reaction of ethylene glycol and terephthalic acid. The melting and boiling points of PET are measured at around 250° C and 350° C, respectively. The material has high dimensional stability and low gas permeability with a few gases, including carbon dioxide. It is a light weighted, strong, water-resistant, heat-resistant, and flexible material with a wide range of applications that can be seen in the plastic and polymer manufacturing industries.
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The key importing countries that import Polyethylene Terephthalate (PET) are Mexico, Vietnam, and the United States. On the other hand, the key exporting countries include South Korea, Vietnam, and China.
Key Details About the Polyethylene Terephthalate (PET) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Polyethylene Terephthalate (PET) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Polyethylene Terephthalate (PET) Price Trend, including India Polyethylene Terephthalate (PET) price, USA Polyethylene Terephthalate (PET) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Polyethylene Terephthalate (PET) Price Trend:
Polyethylene Terephthalate (PET) is a synthetic polymer. It has many applications in the textile and plastic manufacturing industries. The synthetic polymer is widely used in the production process of various custom packaging items, including boxes, containers, films, bags, stretchable sheets, and more. It is also used to manufacture flexible and durable materials largely found in electrical and electronic appliances, including cable jackets, pipelines, switches, etc. The material is stretchable, durable, flexible, and resistant to corrosion and heat. The key properties make it a useful option with high demands in the global market and hence have various applications in the industry.
Key Players:
- Exxon Mobil Corporation
- Saudi Basic Industries Corporation (SABIC)
- Versalis S.p.A.
- Chevron Phillips Chemical Company
- Lanxess AG
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