According to market research shows that by 2010 the application of PET is
still potential for strong growth, based on an average rate of increase,
Textile Fiber remained 10%, while the polyester bottle, it can be as high
as 19%. Another view to the distribution structure of consumption in 2000
accounted for polyester fiber aggregate 66% of total consumption, 25%
polyester bottles, films with 5%, other 4%; estimated in 2005 were 61%,
30%, 4%, 5%; change in 2010 is 60%, 34%, 3%, 4%. This shows that
different applications of polyester products in the fluctuation. In
the past 10 years, the global PET bottle chip production capacity and
consumption of the average annual growth rate of more than 20%. According
to relevant data, in 2001, the global PET bottle chip production capacity
has nearly 10 million tons / year, of which food Beverages PET bottle
chip packaging used in the largest consumer, accounting for the PET
bottle chip consumption of 80%, about 8 million tons / year, and the
remaining 20% is mainly used for consumption Medicine And Day of Supplies
of non-food packaging materials. In the food and beverage packaging film
used in PET bottle, PET bottle chip used in soft drinks consumption the
most, roughly 60% of the entire consumption.
Recent years, with socio-economic development and people's rising
living standards, PET bottles have gradually become the preferred
packaging material, food, beverages, Drugs , Daily Cosmetic And other
fields have been increasingly widely used. This is not only engaged in
the upstream production of PET bottle chip manufacturers bring tremendous
business opportunities, but also further promote the steady development
of the global polyester industry. Asia, the demand for PET bottle
chip Held the world in Petrochemical Meeting, the United States CMAI
Consulting The ChaseWillett that in 2004, PET bottle chip capacity in
Asia accounted for the world's total capacity of 13.2 million tons of
42%, on the other hand, the global PET bottle chip demand of 10.6 million
tons compared to the needs of the Asian market only 2.65 million tons .
In Asia also accounted for 15% of the world's excess capacity. From
another perspective, the current excess capacity in Asia accounted for
28% of global demand. To meet the needs of the region, the excess supply
in Asia can supply more than 0.25% of global demand, making the average
global PET plant start rate between 75% -80%, much lower than Health
Level. Asia, particularly China PET bottle chip production capacity
growth is not a recent thing, sponsored by the American DeWitt World
Petrochemical Industry Company Recalling the meeting, EdgarAcosta
estimated that from 2000 to 2005, China's new PET bottle film
production capacity exceeding 200 tons, while China's domestic market
size of about 80 tons of excess production capacity reached 1.4 million
tons / year, exports in 2004 was about 400,000 tons, while China has a
greater ability to export. Led to excess capacity of polyester is mainly
due to lower domestic technology Investment Cost, while the construction
process and the project goes into operation to increase the employment
opportunities so many Chinese local governments to support investment
polyester plant. For the polyester manufacturer, the last ray of hope is
the bottle chip demand continues to grow rapidly. The past years,
PET bottle chip demand is growing faster than global GDP growth. CMAI
predict the next five years, the global demand for PET bottle chip market
growth will be higher than the GDP growth rate of 2.5 times, which means
that between 2004 to 2009, PET bottle chip demand to grow by about 8.1%.
Although this growth rate lower than the 1999 to 2004, more than 10.5% /
year growth rate, but in 2004 the global demand for PET bottle chip base
has reached 10.6 million tons, 66% higher than in 1999.
In different regions, the fastest growing in Asia, but global market
share is still among the U.S. and Europe after. Asia is estimated by
2009, an annual increase of 375 thousand tons PET bottle chip demand, the
growth rate is about 11%. In addition to economic growth, Asia's
demand for the expansion of PET bottle chip production can also benefit
from the excess of the bottle chip prices in Asia the lowest in the
world. Lower per capita consumption has shown that the region's
growth potential can not be ignored. PET bottle chip the Asian per capita
consumption of less than 1 kg, if the Chinese and Indian per capita
consumption increased to 3 kg, the world's annual consumption will
increase 8 million tons. We are high quality suppliers, our products
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