Market Insights by Demand & Supply, Trade Balance, Applications and Recycling Rate
|Product Code: ETC000108||Publication Date: Aug 2017||Product Type: Report|
India PET resin production is expected to reach 1,618.1 thousand tons by 2016, at a CAGR of 13.8% from 2011-2016. At present, packaged foods are the major consumers of PET resin in India. Also, on account of its unique properties, these are now getting consumed/ used in other areas as well.
The report “India PET resin market” thoroughly covers the market by production & consumption, import & export, recycling ratio, and applications. The report also gives insights on key market drivers and restraints that shape the present and future markets.
The India polyethylene terephthalate (PET) resin market is anticipated to witness significant growth in the coming years on the back of an increase in the acceptance of the product in the packaging industry as a result of possessing eco-friendliness nature and recyclable nature. The rise in the hygiene concerns backed by the result of increasing pollution in the country which exposes any commodity manufactured towards impurities which can, further, make the product unfit for consumption, especially food and beverages have contributed towards creating a ripple effect in creating the demand for PET resin for packaging and is anticipated to contribute towards the potential growth of the India polyethylene terephthalate (PET) resin market in the coming timeframe.
The report provides a detailed analysis of the following market segments: