The report "Amorphous Polyethylene Terephthalate (PET) Market by Application (Bottles, Films/Sheets, Food Packaging (Lids, Cups, Trays)), by Geography (Asia-Pacific, North America, Europe, RoW) - Global Forecast to 2020", published by MarketsandMarkets, The global Amorphous PET Market is projected to reach USD 36.40 Billion by 2020 at CAGR of 7.5% between 2015 and 2020.
The growth of the global amorphous PET market is fueled by the increasing demand for amorphous PET in the food and beverages, and films/sheets industries. The Asia-Pacific region is projected to lead the global amorphous PET market in 2015, owing to presence of large manufacturing base for amorphous PET in the region. The North American and European regions are established markets for the amorphous PET as most of the leading players in the global amorphous PET market come from these regions.