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Major players in the polyethylene naphthalate (PEN) market are increasing their collaboration, partnership, and research and development activities to gain a competitive edge
Indorama Ventures Public Company Limited
Indorama Ventures, headquartered in Thailand and founded in 1994, offers products, including PEN, NDC, PNDA, PENCo, PBN and PTN, among others.
DuPont Teijin Films Ltd. (Toyobo Co. Ltd.)
DuPont Teijin, headquartered in the United States and founded in 2000, is a global market leader in the chemical sector. The company provides PEN polyester films, including Kaladex® polyester films, for electrical applications such as capacitors, wires, cables, and motors.
Kolon Plastics Inc.
Kolon Plastics Inc., headquartered in South Korea and founded in 1996, offers polyethylene naphthalate products under the brand NOPLA®-PEN-PET, a transparent material commercialised as PEN-PET copolyester.
Polyethylene Naphthalate (PEN) Market Size
Polyethylene Naphthalate (PEN) Market Trends
Polyethylene Naphthalate (PEN) Market Regional Analysis
Polyethylene Naphthalate (PEN) Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Polyethylene Naphthalate (PEN) Market Analysis
8.1 Key Industry Highlights
8.2 Global Polyethylene Naphthalate (PEN) Historical Market (2018-2023)
8.3 Global Polyethylene Naphthalate (PEN) Market Forecast (2024-2032)
8.4 Global Polyethylene Naphthalate (PEN) Market by Type
8.4.1 Film
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Fibre
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Resin
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Polyethylene Naphthalate (PEN) Market by Application
8.5.1 Beverage Bottles
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Food Packaging
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Electronic Goods
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Rubber Tyres
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Textiles
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Polyethylene Naphthalate (PEN) Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Rest of the World
9 North America Polyethylene Naphthalate (PEN) Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Polyethylene Naphthalate (PEN) Market Analysis
10.1 Spain
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Belgium
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Polyethylene Naphthalate (PEN) Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Vietnam
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2. Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Price Analysis
14 Manufacturing Process
14.1 Overview
14.2 Detailed Process Flow
14.3 Unit Operations Involved
15 Competitive Landscape
15.1 Market Structure
15.2 Global Polyethylene Naphthalate (PEN) Raw Material Manufacturers
15.3 Production Capacity of Leading Global Polyethylene Naphthalate (PEN) Manufacturers
15.4 Company Profiles
15.4.1 Indorama Ventures Public Company Limited
15.4.1.1 Company Overview
15.4.1.2 Product Portfolio
15.4.1.3 Demographic Reach and Achievements
15.4.1.4 Certifications
15.4.2 DuPont Teijin Films Ltd. (Toyobo Co. Ltd.)
15.4.2.1 Company Overview
15.4.2.2 Product Portfolio
15.4.2.3 Demographic Reach and Achievements
15.4.2.4 Certifications
15.4.3 Kolon Plastics Inc.
15.4.3.1 Company Overview
15.4.3.2 Product Portfolio
15.4.3.3 Demographic Reach and Achievements
15.4.3.4 Certifications
15.4.4 Others
16 Key Trends and Developments in the Market
Additional Customisations Available
1 Project Requirement and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investment
List of Key Figures and Tables
1. Global Polyethylene Naphthalate (PEN) Market: Key Industry Highlights, 2018 and 2032
2. Global Polyethylene Naphthalate (PEN) Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Polyethylene Naphthalate (PEN) Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Polyethylene Naphthalate (PEN) Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Polyethylene Naphthalate (PEN) Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Polyethylene Naphthalate (PEN) Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Polyethylene Naphthalate (PEN) Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Polyethylene Naphthalate (PEN) Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Polyethylene Naphthalate (PEN) Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Polyethylene Naphthalate (PEN) Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Polyethylene Naphthalate (PEN) Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Polyethylene Naphthalate (PEN) Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Polyethylene Naphthalate (PEN) Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Global Polyethylene Naphthalate (PEN) Market Structure
In 2023, the market value was nearly USD 303.36 Million.
The market is projected to grow at a CAGR of 11.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 787.77 million by 2032.
The major drivers include the superior performance of PEN over PET and downstream demand for PEN from the electronics, automotive and food packaging sectors.
The key trends include the growing adoption of solar energy systems and the growing application of PEN in EV production.
The different types of PEN include film, fibre, and resin.
The major applications of polyethylene naphthalate (PEN) include beverage bottles, food packaging, electronic goods, rubber tyres, and textiles, among others.
The major players in the market include Indorama Ventures Public Company Limited, DuPont Teijin Films Ltd. (Toyobo Co. Ltd.), and Kolon Plastics Inc.
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