Global production capacity of polyethylene terephthalate 2014-2024

Published by Statista Research Department, Mar 24, 2023
The annual production capacity of polyethylene terephthalate (PET) worldwide stood at some 30.5 million metric tons in 2019. This figure is expected to increase to approximately 35.3 million metric tons by 2024.

PET is widely used for bottling beverages, as well as food packaging due to it strong, clear, and lightweight characteristics.

Production capacity of polyethylene terephthalate worldwide from 2014 to 2024 (in million metric tons)

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Release date

September 2020

Region

Worldwide

Survey time period

2014 and 2019

Supplementary notes

* Forecast based on an annual average growth rate of 2.9 percent.

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