Global Polyethyelene Naphthalete (PEN) Market, By Application (Beverage Bottling, Packaging, Electro

Published Date: | Report Code : MT1958283

X

Growing demand from end-use industry applications in developing regions and promotion of application specific grades by companies is expected to drive the Polyethyelene Naphthalete (PEN) Market during the forecast period. This market has witnessed number of key developments in terms of application specific grade developments and strategic investments in emerging regions by companies to strengthen their market position in the global market. Some of the other key factors governing the market dynamics include regulatory scenario, exchange rates, environmental constraints, and so on. All these factors are expected to have a significant impact on the dynamics of Polyethyelene Naphthalete (PEN) Market during the forecast period. 

Polyethylene naphthalete is generally unsaturated synthetic resins which are produced from polyalcohols and dibasic organic acids. On account of their higher stiffness modulus, which is responsible for providing enhanced barrier capabilities and increasing strength of the material, the polyethylene naphthalete (PEN)  is mainly used in packaging applications. These are also used for the production of pressure-sensitive tapes and thermal sheets. As polyethylene naphthalete has a higher shrink temperature when compared to polyethylene terephthalate (PET), they are more suitable for long term electrical use at above 130°C. 

Segment Analysis

The global polyethylene naphthalete (PEN) market is segmented by application. Its application includes beverage bottling, packaging, electronics, and automotive tires. There has been an increase in the demand for polyethylene naphthalete in the packaging application owing to higher shrinkage resistance, dimensional stability, superior barrier properties, and high-temperature stability. The polyethylene naphthalete is also now being used in many electrical and electronic applications owing to their superior UV resistance and offer high resistance to hydrolysis in hot aqueous or alkaline conditions.

Key Factors Impacting Market Growth:
    • Higher hydrolysis resistance, longer life and +50℃ of thermal resistance when compared to PET.
    • High chemical resistance
    • Reduces the concern for contamination thanks to low levels of outgassing and adsorption of organic materials.
    • Absorbs ultraviolet radiation (up to 383nm) and thus protects the contents present inside.

Regional Outlook 

The regional outlook section for Polyethyelene Naphthalete (PEN) market provides the region-wise market projections along with related market dynamics. In addition, this section provides further information about segments in the market on regional basis and country-wise outlook. Major regions considered in this report include North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and Rest of the World. North America and Western Europe have been traditional markets with sizeable demand for advanced materials from end-use industries. North America and Western Europe with an established industrial sector having substantial contribution towards respective economies are estimated to dominate overall demand by region. Some of the major industries in this region includes automotive, heavy engineering, building & construction,  aerospace & defense, mining, and so on. This industries are expected to register steady growth in North America and Western Europe region during the forecast period.  

Asia Pacific region is estimated to register highest CAGR with strong industrial and infrastructural growth. Some of the major economies, in the region include China, India, South Korea, Japan, Australia, and so on. In addition, favourable conditions for production activities in addition to the growing market demand has attracted global companies to make strategic investments in this region. Middle East and Eastern Europe with countries including UAE, Russia, Saudi Arabia, Turkey, and Qatar are expected to be potential markets with growth of industrial sector in the region. Rest of the World consisting of South America and Africa are estimated to be emerging regions for Polyethyelene Naphthalete (PEN) market during the forecast period.

Companies Covered:  Toray Monofilament Co., Ltd., SKC Inc., Sumitomo Chemical Co., Ltd., Teijin DuPont Films, SASA Polyester Sanayi A.S, DuPont, DuraFiber Technologies, Inc., and Seiwa Inc. 

Market Segmentation:

By Application:
    • Beverage Bottling
    • Packaging
    • Electronics
    • Automotive Tires
    • Others

By Region:

    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Type
        ◦ By Application

    • Western Europe:
        ◦ By Country (Germany, UK, France, Spain, Rest of Western Europe)
        ◦ By Type
        ◦ By Application

    • Eastern Europe:
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe)
        ◦ By Type
        ◦ By Application

    • Asia Pacific
        ◦ By Country (China, Japan, India, Rest of Asia Pacific)
        ◦ By Type
        ◦ By Application

    • Middle East:
        ◦ By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
        ◦ By Type
        ◦ By Application

    • Rest of the World
        ◦ By Region (Latin America, Brazil, Rest of the World)
        ◦ By Type
        ◦ By Application

Reasons to Buy This Report:

    • Market size estimation of the Global polyethylene naphthalete (PEN) Market on regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
For more information, contact: [email protected]

License Offering

Single User (PDF)

3850

Multi User (PDF)

5150

Enterprise User (PDF)

7650

Get Regional Report USD 2000 Only

Your personal details are secure. Privacy Policy

Buy Chapters of Sections

Avail customized purchase options to meet your exact research needs.

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities
Detailed Coverage

Detailed scope covering all the major segments in the market

Meticulous Data Validations

In line data validations to ensure data precision

Recommendations

Market recommendations supporting decision making processes

Analyst Support

Round the clock analyst support to resolve your queries

Free Customization

Up to 15% additional free customization to meet your specific requirements

15% Free Customization

Share your Requirements

Questions?  Speak to an Analyst

Your personal details are secure. Privacy Policy