Product Code: ETC4503826 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The PET and PBT resins market in Iraq is expanding due to their widespread use in the packaging, automotive, and electronics industries. PET is extensively used for manufacturing bottles and containers, while PBT is favored for its excellent mechanical and electrical properties in automotive components and electrical connectors. Growth is further supported by increasing urbanization and industrialization in the country.
The market for PET and PBT resins in Iraq is experiencing growth driven by the increasing utilization of these materials in the automotive and electrical industries. PET`s recyclability and PBT`s thermal stability make them attractive for applications in beverage bottling, packaging, and high-performance engineering components. Additionally, the growing awareness and regulatory support for sustainable and recyclable materials bolster the demand for these resins.
In the Iraq market for PET and PBT resins, challenges are multifaceted. The primary issue is the lack of local production facilities, necessitating heavy reliance on imports which escalates costs and delivery times. Additionally, fluctuating oil prices directly impact resin prices, causing market volatility. Political instability further exacerbates these challenges, deterring foreign investment and complicating long-term planning. Environmental regulations are becoming stricter, demanding higher investments in technology and compliance which many local players find difficult to afford.
The government has introduced regulations to encourage the production and use of PET and PBT resins in packaging and automotive industries. This includes tax incentives for companies investing in PET and PBT resin manufacturing facilities and stricter enforcement of quality standards to ensure product safety.
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 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Overview |
3.1 Iraq Country Macro Economic Indicators |
3.2 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market - Industry Life Cycle |
3.4 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market - Porter's Five Forces |
3.5 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume Share, By PET Application, 2021 & 2031F |
3.6 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume Share, By PBT Application, 2021 & 2031F |
4 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for packaging materials in various industries |
4.2.2 Increasing adoption of PET and PBT resins in automotive applications |
4.2.3 Government initiatives promoting the use of recyclable and sustainable materials |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Lack of recycling infrastructure in Iraq |
4.3.3 Competition from alternative materials such as bio-based plastics |
5 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Trends |
6 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By Types |
6.1 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By PET Application |
6.1.1 Overview and Analysis |
6.1.2 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By PET Application, 2021-2031F |
6.1.3 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Bottles, 2021-2031F |
6.1.4 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Films, 2021-2031F |
6.1.5 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Food Packaging, 2021-2031F |
6.1.6 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Others, 2021-2031F |
6.2 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Transparent & Non-Transparent PET, 2021-2031F |
6.2.3 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Recycled PET, 2021-2031F |
6.3 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market, By PBT Application |
6.3.1 Overview and Analysis |
6.3.2 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.3 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Consumer Appliances, 2021-2031F |
6.3.5 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenues & Volume, By Others, 2021-2031F |
7 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Import-Export Trade Statistics |
7.1 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Export to Major Countries |
7.2 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Imports from Major Countries |
8 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Key Performance Indicators |
8.1 Percentage of PET and PBT resin used in packaging industry |
8.2 Number of automotive applications utilizing PET and PBT resins |
8.3 Percentage increase in government incentives for recyclable materials |
9 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market - Opportunity Assessment |
9.1 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Opportunity Assessment, By PET Application, 2021 & 2031F |
9.2 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Opportunity Assessment, By PBT Application, 2021 & 2031F |
10 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market - Competitive Landscape |
10.1 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Revenue Share, By Companies, 2024 |
10.2 Iraq Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |