Product Code: ETC4503800 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
In Hungary, the market for polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resins is experiencing significant traction owing to their versatile applications across various industries such as packaging, automotive, and textiles. PET resins are extensively used in the production of bottles, containers, and packaging films, while PBT resins find applications in automotive parts, electrical components, and consumer goods manufacturing.
The Hungary Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT) Resins Market are experiencing robust growth, driven by several key factors. Firstly, the growing demand for PET and PBT resins in the packaging industry due to their excellent properties such as transparency, lightweight, and recyclability is fueling market expansion. Additionally, the increasing adoption of PET and PBT resins in the automotive sector for manufacturing lightweight and durable components is boosting market demand. Moreover, the rising awareness regarding environmental sustainability and the shift towards eco-friendly materials are driving the demand for PET and PBT resins. Furthermore, investments in research and development activities to develop innovative products with enhanced performance characteristics are contributing to market growth.
Challenges in the PET and PBT resins market in Hungary include rising demand for sustainable alternatives, stringent regulations on plastic usage and recycling, and pressure to innovate for improved performance and recyclability.
In Hungary, the government has instituted policies aimed at promoting innovation and research in the PET and PBT resins market. Tax incentives are provided to companies conducting research and development in this sector. Furthermore, there are regulations to maintain the quality standards of PET and PBT resins, ensuring consumer safety and environmental protection.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market - Industry Life Cycle |
3.4 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market - Porter's Five Forces |
3.5 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume Share, By PET Application, 2021 & 2031F |
3.6 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume Share, By PBT Application, 2021 & 2031F |
4 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Trends |
6 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By Types |
6.1 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By PET Application |
6.1.1 Overview and Analysis |
6.1.2 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By PET Application, 2021-2031F |
6.1.3 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Bottles, 2021-2031F |
6.1.4 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Films, 2021-2031F |
6.1.5 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Food Packaging, 2021-2031F |
6.1.6 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Others, 2021-2031F |
6.2 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Transparent & Non-Transparent PET, 2021-2031F |
6.2.3 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Recycled PET, 2021-2031F |
6.3 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By PBT Application |
6.3.1 Overview and Analysis |
6.3.2 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.3 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Consumer Appliances, 2021-2031F |
6.3.5 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Others, 2021-2031F |
7 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Import-Export Trade Statistics |
7.1 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Export to Major Countries |
7.2 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Imports from Major Countries |
8 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Key Performance Indicators |
9 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market - Opportunity Assessment |
9.1 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Opportunity Assessment, By PET Application, 2021 & 2031F |
9.2 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Opportunity Assessment, By PBT Application, 2021 & 2031F |
10 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market - Competitive Landscape |
10.1 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenue Share, By Companies, 2024 |
10.2 Hungary Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |