Polyethylene Terephthalate Market
The most significant factors driving the Polyethylene Terephthalate market are rising demand from the food and beverage packaging sector, such as in carbonated soft drink packaging, rising demand for packaged food due to rising frozen and processed food consumption, rising demand for electronics and automotive applications/industries, and eco-friendly substitution.
In addition, regardless of region, rapid urbanisation, inventive packaging, and strong economic growth are all driving up demand for polyethylene terephthalate.
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