Polyethylene Terephthalate (PET) or ((C10H8O4) n) is a variety of synthetic polymer that is commercially obtained from the polycondensation reaction of ethylene glycol and terephthalic acid. The melting and boiling points of PET are measured at around 250° C and 350° C, respectively. The material has high dimensional stability and low gas permeability with a few gases, including carbon dioxide. It is a light weighted, strong, water-resistant, heat-resistant, and flexible material with a wide range of applications that can be seen in the plastic and polymer manufacturing industries.

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The key importing countries that import Polyethylene Terephthalate (PET) are Mexico, Vietnam, and the United States. On the other hand, the key exporting countries include South Korea, Vietnam, and China.

Key Details About the Polyethylene Terephthalate (PET) Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Polyethylene Terephthalate (PET) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Polyethylene Terephthalate (PET) Price chart, including India Polyethylene Terephthalate (PET) price, USA Polyethylene Terephthalate (PET) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Polyethylene Terephthalate (PET) Price Trend:

Polyethylene Terephthalate (PET) is a synthetic polymer with diverse applications in textile and plastic manufacturing industries. This versatile material is extensively utilized in the production of packaging items such as boxes, containers, films, bags, and stretchable sheets. Additionally, it serves as a vital component in the creation of flexible and robust materials commonly found in electrical and electronic appliances, encompassing cable jackets, pipelines, and switches.

PET boasts exceptional properties, including stretchability, durability, flexibility, as well as resistance to corrosion and heat. These attributes render it highly sought-after in the global market, driving its demand across various industrial sectors. Consequently, PET finds widespread utilization, underpinning its significance and relevance in contemporary industries.

As for its economic aspects, tracking Polyethylene Terephthalate Price Trend, Polyethylene Terephthalate Price Indices, and Polyethylene Terephthalate Prices via charts and graphs provides valuable insights into market dynamics and fluctuations. Such monitoring aids industry stakeholders in making informed decisions regarding production, procurement, and investment strategies.

Key Players:

  • Exxon Mobil Corporation
  • Saudi Basic Industries Corporation (SABIC)
  • Versalis S.p.A.
  • Chevron Phillips Chemical Company
  • Lanxess AG

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