August 26th,2022/IndustryNewsGlobal/ — This new report from Stratview Research analyses the Polyethylene Naphthalate (PEN) Market over the trend period from 2015 to 2020 and forecast period from 2021 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Polyethylene Naphthalate (PEN) Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Polyethylene Naphthalate (PEN) Market is no different. Derived from the previous market scenario, the Polyethylene Naphthalate (PEN) Market is likely to witness a CAGR of 8.5% during the forecast period. 

Key Players:

  • Dupont Teijin Films
  • Sumitomo Chemical Co., Ltd.
  • The EPC Group
  • Toray Industries, Inc.
  • SKC
  • DuraFiber Technologies, Inc.
  • Seiwa Inc.
  • SASA Polyester Sanayi A.?.
  • Polyonics, Inc.
  • Kolon Plastics, Inc.

The Polyethylene Naphthalate (PEN) Market is segmented by–

  • by Application Type (Beverage Bottling, Packaging, Electronics, and Automotive Tires) and
  • by Region (North America, Europe, Asia-Pacific, and Rest of the World)

Get access to a deeper coverage of the impact of COVID-19 on this Market here:

Regional analysis:

In terms of regions, North America is estimated to be the leading region in the market during the forecast period. The growth of the region is supported by the material providing superior resistance to UV rays, high mechanical properties and strength along with enhanced oxygen and moisture barrier properties. Furthermore, improved mechanical properties, lightweight and lower production cycle times are expected to give a facelift to the market growth.

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