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[Plastic] The Middle East and Asia will lead the global increase in new PET production capacity in the next 5 years

 Last Update: 2022-01-13
 Source: Internet
 Author: User

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According to a report from the TABNI website in Dubai on September 17, 2020, the global annual production capacity of polyethylene terephthalate ( PET ) will continue to grow in the next five years, and may increase from 30.

PET

Among the regions, the Middle East will lead the global increase in new PET production capacity in the next five years.

GlobalData said that in Asia, the annual production capacity of PET is expected to increase from 15.

GlobalData Oil and Gas Analyst Dayanand Karad said: “In the Middle East, the new PET production capacity is mainly from Saudi Arabia.

GlobalData identified North America as the region with the third highest growth in new PET production capacity in the world, with production increasing from 4.

(Keywords: Middle East and Asia PET)

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