Brazil Polyethylene Terephthalate (PET) Market Analysis Report By Application (Fibers, Consumer Goods, Food & Beverages, Films & Sheets), Competitive Landscape, And Segment Forecasts, 2019 - 2025

Published: Feb, 2019 | Pages: 60 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The Brazil polyethylene terephthalate market size is expected to reach USD 2.40 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 7.2% during the forecast period. Surging demand for PET, mainly from the beverage packaging industry, is estimated to stoke the growth of the market in Brazil.

The Brazil PET market is anticipated to be driven by rising applications in the food & beverages segment. The demand in this segment is particularly driven by surge in sales of premium bottled drinking water as well as juices and carbonated soft drinks. Rising personal disposable income of Brazilian consumers, due to revival of the economy, is projected to further propel the market. However, extensive availability of substitutes such as glass, metal, and other grades of plastics are poised to hinder market growth during the forecast period.

Growing applications of PET in manufacturing fiber is likely to drive the market over the upcoming years. These man-made fibers are completely recyclable and can be made from recycled plastics. Thus, they can be manufactured without the use of virgin petroleum stocks.

Further key findings from the report suggest:

• The Brazil PET market stood at 1.09 million tons in 2017. It is expected to exhibit a CAGR of 4.7% during the forecast period

• The food & beverage segment is estimated to dominate the market throughout the forecast period

• Brazil PET manufacturers are consistently facing significant threat from Asian PET producers, who are engaged in selling PET at competitive prices. Moreover, availability of high-tech machinery in the industry is compelling manufacturers to engage in research & development, which, in turn, is anticipated to pose a challenge for domestic players

• Major companies include Alpek S.A.B. de C.V.; RTP Company; Toray International, Inc.; Nan Ya Plastics Corporation; and DuPont

• In 2018, Indorama Ventures Public Co. Limited acquired Mossi & Ghisolfi's (M&G) PET plant in Brazil. The plant is situated in Ipojuca, Brazil and has an installed capacity to produce 550,000 tons of PET annually.

 Table of Contents

Chapter 1 Methodology And Scope
                  1.1 Research Methodology
                  1.2 Research Scope And Assumptions
                  1.3 List Of Abbreviations
                  1.4 List Of Data Sources

Chapter 2 Executive Summary
                  2.1 Market Snapshot

Chapter 3 Brazil PET Market Variables, Trends, And Scope
                  3.1 Market Segmentation
                  3.2 Penetration & Growth Prospect Mapping
                  3.3 Brazil PET - Value Chain Analysis
                  3.4 Raw Material Analysis
                      3.4.1 Monoethylene Glycol (Meg)
                      3.4.2 Purified Terephthalic Acid (Pta)
                  3.5 Regulatory Framework Analysis
                  3.6 Technology Overview
                  3.7 Brazil PET - Market Dynamics
                      3.7.1 Market Driver Analysis
                          3.7.1.1 Rising Demand From Beverage Packaging Industry
                      3.7.2 Market Restraint Analysis
                          3.7.2.1 Huge Availability Of Substitutes In Beverage Packaging Industry
                  3.8 Brazil PET - Porter's Analysis
                  3.9 Brazil PET - PESTEL Analysis

Chapter 4 Brazil PET Market: Application Estimates & Trend Analysis
                  4.1 Brazil PET Market: Application Movement Analysis, 2017 & 2025
                      4.1.1 Foods & Beverages
                          4.1.1.1 Market Estimates And Forecasts In Food & Beverages, 2014 - 2025 (Kilotons) (USD Million)
                      4.1.2 Films & Sheets
                          4.1.2.1 Market Estimates And Forecasts In Films & Sheets, 2014 - 2025 (Kilotons) (USD Million)
                      4.1.3 Consumer Goods
                          4.1.3.1 Market Estimates And Forecasts In Consumer Goods, 2014 - 2025 (Kilotons) (USD Million)
                      4.1.4 Fibers
                          4.1.4.1 Market Estimates And Forecasts In Fibers, 2014 - 2025 (Kilotons) (USD Million)
                      4.1.5 Others
                          4.1.5.1 Market Estimates And Forecasts In Others, 2014 - 2025 (Kilotons) (USD Million)

Chapter 5 Competitive Landscape
                  5.1 Vendor Landscape
                  5.2 Competitive Environment
                  5.3 Competitive Market Positioning
                  5.4 Strategic Initiatives

Chapter 6 Company Profiles
                  6.1 Sabic
                      6.1.1 Company Overview
                      6.1.2 Financial Performance
                      6.1.3 Product Benchmarking
                      6.1.4 Strategic Initiatives
                  6.2 Indorama Ventures Public Company Limited
                      6.2.1 Company Overview
                      6.2.2 Financial Performance
                      6.2.3 Product Benchmarking
                      6.2.4 Strategic Initiatives
                  6.3 Alpek S.A.B De C.V.
                      6.3.1 Company Overview
                      6.3.2 Financial Performance
                      6.3.3 Product Benchmarking
                      6.3.4 Strategic Initiatives
                  6.4 RTP Company
                      6.4.1 Company Overview
                      6.4.2 Product Benchmarking
                  6.5 Toray International, Inc.
                      6.5.1 Company Overview
                      6.5.2 Financial Performance
                      6.5.3 Product Benchmarking
                  6.6 Nan Ya Plastics Corporation
                      6.6.1 Company Overview
                      6.6.2 Product Benchmarking
                  6.7 E. I. Du Pont De Nemours And Company
                      6.7.1 Company Overview
                      6.7.2 Financial Performance
                      6.7.3 Product Benchmarking
                  6.8 Teijin Limited
                      6.8.1 Company Overview
                      6.8.2 Financial Performance
                      6.8.3 Product Benchmarking
                  6.9 M&G Chemicals
                      6.9.1 Company Overview
                      6.9.2 Product Benchmarking
                  6.10 Companhia Integrada Textil De Pernambuco
                      6.10.1 Company Overview
                      6.10.2 Product Benchmarking

List of Tables

Table 1 List of Abbreviation
Table 2 Mercosur regulations applicable to food packaging materials, and their counterpart regulations in Brazil
Table 3 Brazil PET market estimates and forecasts in food & beverages, 2014 - 2025 (Kilotons) (USD Million)
Table 4 Brazil PET market estimates and forecasts in films & sheets, 2014 - 2025 (Kilotons) (USD Million)
Table 5 Brazil PET market estimates and forecasts in consumer goods, 2014 - 2025 (Kilotons) (USD Million)
Table 6 Brazil PET market estimates and forecasts in fibers, 2014 - 2025 (Kilotons) (USD Million)
Table 7 Brazil PET market estimates and forecasts in others, 2014 - 2025 (Kilotons) (USD Million)

List of Figures

Fig.1 Market snapshot
Fig.2 Market Trends & Outlook
Fig.3 Market Segmentation
Fig.4 Brazil PET - Penetration & Growth Prospect Mapping
Fig.5 Brazil PET - Value chain analysis
Fig.6 MEG Price Trend in Brazil - 2017 (USD/Ton)
Fig.7 PTA Price Trend in Brazil - 2017 (USD/Ton)
Fig.8 Brazil PET - Market dynamics
Fig.9 Market restraint analysis - Rising demand from beverage packaging industry
Fig.10 Market driver analysis - Huge availability of substitutes in beverage packaging industry
Fig.11 Brazil PET - Porter's analysis
Fig.12 Brazil PET - PESTEL analysis
Fig.13 Brazil PET market: Application movement analysis, 2017 & 2025
Fig.14 Strategic Initiatives