The global extruded PET market size reached approximately USD 11.07 Billion in 2025. The market is estimated to grow at a CAGR of 6.40% in the forecast period of 2026-2035, reaching a value of around USD 20.59 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
6.4%
Value in USD Billion
2026-2035
*this image is indicative*
PET or polyethylene terephthalate is a plastic polymer that is strong, lightweight, and recyclable in nature. It is extruded at a temperature between 270-290°C for the production of films and sheets, among others, for applications in several end-use sectors.
“Extruded PET Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Breakup by Application
Breakup by End Use
Breakup by Region
The food and beverage sector occupies a substantial portion of the global extruded PET market share owing to the increased implementation of extruded PET in beverage packaging due to its recyclability and non-toxic and lightweight nature. PET plastic is also utilised in food containers to preserve the freshness and taste of food products. Moreover, due to its superior moisture resistance, extruded PET film finds applications in meat, poultry, and snack items to increase their longevity.
As per the extruded PET market analysis, the Asia Pacific accounts for a substantial share of the global market owing to the rising usage of extruded PET films in the electronics sector due to its properties such as insulation, chemical inertness, and thermal stability, among others. With the availability of skilled labour at a low cost, the production of PET plastic in developing economies like India is significantly increasing. Additionally, its wide range of applications in packaging for bottles, containers, and jars also provides a positive outlook to the market.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the extruded PET market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Indorama Ventures Public Company Limited is a leading producer of combined PET, incorporated in 1994 and headquartered in Bangkok, Thailand. The company is also a major manufacturer of integrated oxides and derivatives (IOD) and fibres.
Formosa Plastics Group, founded in 1954 and headquartered in Kaohsiung City, Taiwan, is a plastics company. Its diversified portfolio includes chemical, steel, electronics, petroleum, and textiles and fibres, among others.
Mannok Holdings DAC, established in 1973, is a provider of sustainable packaging solutions, with its headquarters in Derrylin, Northern Ireland. The company aims to provide quality products through its continuous innovations.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other extruded PET market players include Advanced Extrusion, Inc., Duke Extrusion, IPF Holdings Inc., Toray Industries Inc., and Omnia Plastica Srl, among others.
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In 2025, the market reached an approximate value of USD 11.07 Billion.
The market is projected to grow at a CAGR of 6.40% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035, reaching a value of around USD 20.59 Billion by 2035.
The major market drivers are the rising demand for sustainable products and growing applications of packaging in food and beverages, electronics, and the personal care sector, among others.
The key trends of the market include the rising trend of a circular economy, applications of extruded PET in automotive components, and integration of smart technology in extruded PET packaging.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Various applications are blow moulding and general extrusion.
The key players in the market are Indorama Ventures Public Company Limited, Formosa Plastics Group, Advanced Extrusion, Inc., Duke Extrusion, Mannok Holdings DAC, IPF Holdings Inc., Toray Industries Inc., and Omnia Plastica Srl, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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