Risk of overcapacity in PET bottles

PET bottles are widely used in the market. From pharmaceutical packaging to food packaging to cosmetics packaging, almost all areas of plastic bottle packaging are involved. Among the various plastic bottle materials, it can be said that PET bottle definitely occupies the primary share. From the current market, it is difficult to have other materials to replace its position.

In the foreseeable future, PET bottles will maintain a large market share. It is based on this expectation. At present, more and more chemical companies around the country have entered the PET bottle-level slicing market and are engaged in the production and sales of PET bottle raw materials. As early as the domestic PET bottle grade slice is mainly imported, with the entry of domestic chemical companies, the competition in this market is becoming increasingly intense. At present, we are concerned about the introduction of chemical companies in various regions. PET bottle-level slicing is constantly expanding. With the continuous maturation of PET waste plastic bottles recycling and recycling technology, these PET bottle-level slicing companies also have to face the challenge of lower price advantages for the recycling companies. It can be said that the PET bottle slicing market is very likely to have excess capacity.

For manufacturers who are planning to enter the PET bottle-level slicing market now or in the future, it is imperative that they do a good job in the market and do not blindly enter.

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