World consumption of carbonated beverage bottles exceeded by PET bottles

According to John Maddox and Paul Beale, market analysts for SBA-CCI, the amount of PET used for water bottle production exceeded the use of carbonated soft drink bottles for the first time in 2007, and the volume of PET containers in the United States reached a record high of 100 billion for the first time.
Maddox said that the use of PET in many areas remains the same or has decreased. In 2007, there was a clear increase in the use of PET for water and sports drinks. It is estimated that from 2007 to 2012, the average increase in world PET demand will be nearly 9%, reaching nearly 23 million tons.
Beale said that in 2012, it is expected that the market share of water bottles will reach 30%, and soft drink bottles will drop to 23%. In 2007, the share of the two sectors was between 28% and 29%. From now until 2012, the global announced that the expanded PET production capacity will exceed 18.1 million tons. By 2012, M&G Group, headquartered in Tortona, Italy, will become the world's largest PET producer with an annual production capacity of over 2.27 million tons. This was followed by Indorama Polymers in Jakarta, Indonesia and Invista in Kansas, USA.

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