Global Amorphous Polyethylene Terephthalate Market is valued at approximately USD 41.4 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.4% over the forecast period 2022-2028. Amorphous Polyethylene Terephthalate is the plastic resin which is obtained after coming in contact with amorphous. Because of its key properties, such as being safe, lightweight, 100 percent recyclable, robust, safe, transparent, and so on, industry uses amorphous polyethylene terephthalate. Amorphous polyethylene terephthalate has a thickness of 0.030", which is higher than a conventional pet, which has a thickness of 0.020". It's primarily used in the food and beverage industry, as well as pharmaceuticals, to make bottles, containers, and sheets. The market is driven by increasing application in food & beverage industry and growing awareness to direct the market demand and supply. According to Statista, In India, the food and beverage industry accounted for over 40% of the country's consumer packaged products industry. In 2020, the food and beverage industry in India is expected to be valued at roughly USD 46 billion. The food industry is prepared for future expansion, with the goal of increasing its annual contribution to global food commerce. However, fluctuating prices impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Amorphous Polyethylene Terephthalate Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is leading the market share globally. Factors such as increasing demand for Amorphous PET and demand for high-end packaging products for food & beverage, and pharmaceutical, has been growing rapidly.

Major market players included in this report are:

AVI Global Plast
LOTTE Chemical Corporation
Shahid Tondgooyan Petrochemical Co
Indorama Ventures Public Company Limited
Reliance Industries Limited
Zhejiang Zhink Group Co., Ltd
NEO GROUP
PolyQuest
NOVAPET
MPI Polyester Industries
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Bottles
Films/Sheets
Clam Shell Packaging
Pharmaceutical Blister Packaging
Others
By End-User Industry:
Food & Beverage
Pharmaceutical
Consumer Goods
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Amorphous Polyethylene Terephthalate Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors