For (PETG) polyethylene terephthalate-glycol suppliers, the global bio-based market is expected to grow by over 25% between 2017-25. One of the crucial aspects resulting in market growth is the demand from the global soft drink market. The rise in consumption of carbonated soft drinks in emerging markets, mainly BRICs, is forecast to drive the demand for packaging materials such as polyethylene terephthalate glycol.
(PETG) polyethylene terephthalate-glycol market
The global PETG market is still in a huge growth phase; the Asia-Pacific will dominate the thermoplastic manufacturers industry in terms of volume and value through sectors such as healthcare, food and beverages, pharmaceuticals and packaging.
Growth in (PETG) polyethylene terephthalate-glycol in the Asia-Pacific region is expected to contribute to the overall growth of PETG suppliers market. North America is the second largest market for (PETG) polyethylene terephthalate-glycol, followed by Europe.
Thermoplastic Manufacturers Eagle Plastics
None of this is lost on Eagle Plastics, which is one of the UK’s foremost thermoplastic manufacturers, supplying thermoplastic sheets from their Leicester headquarters for the past 20 years.
One of Eagle Plastics’ biggest clients is Walkers, the famous crisp company, also based in Leicester. Its crisps are on stands in shops and supermarkets across the UK and the stands were moulded using (PETG) polyethylene terephthalate glycol, shaped into eye catching designs for consumers.
Other PETG polyethylene terephthalate glycol products include anything from smoking shelters at pubs, to bus shelters and transparent roofs on public amenities. PETG polyethylene terephthalate glycol sheets are moulded into these roofs because the thermoplastic sheet is transparent, fireproof and hardwearing. It’s also waterproof.
PETG polyethylene terephthalate glycol is fully recyclable – which is a huge benefit for consumers and industry given the increasing number of regulations focused on recycling plastics – and the environmental benefits.
Ground breaking product
And this versatile material will continue to be sought after for years to come by industries worldwide. PETG polyethylene terephthalate glycol is a ground breaking product because it can be moulded into any shape and size – which is why it’s so popular across the globe.
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If you enjoyed reading this article you may also like to read our previous article on ABS Plastic Sheets.