PETG Granules: Recent Commodity Market Intelligence Report

I. Market Price Dynamics

* Price Volatility: PETG granules prices have exhibited minor fluctuations recently. According to Shengyishe data, the benchmark price for PETG granules stood at RMB 8,982.50 per ton on May 21, 2026, declining to RMB 8,455.00 per ton by May 26, 2026.
* Regional Price Variation: Prices for PETG granules vary across regions and brands. For instance, Shanghai Hongqi Plastics Technology Co., Ltd. quoted RMB 9,750 per ton in Suzhou City, Jiangsu Province, whereas Suzhou Shengsuda Plastic Co., Ltd. offered a slightly higher quote of RMB 9,800 per ton (for a specific grade).
* Brand and Grade Impact: Significant price differences exist among brands and grades. For example, Suzhou Shengsuda Plastic Co., Ltd.’s CR-5083 grade PETG granules are priced at RMB 11,200 per ton, while its WS-501N grade is quoted at RMB 9,800 per ton.

II. Market Supply-Demand Situation

* Supply Conditions: With continuous expansion of domestic PETG production capacity, market supply is gradually increasing. Multiple enterprises—including Shenghong Petrochemical and Guangdong Jishuo—are either operating or constructing new PETG production lines, further boosting overall supply.
* Demand Conditions: Owing to its excellent transparency, high impact strength, and ease of processing, PETG granules are widely applied in cosmetics packaging, sheet & film materials, heat-shrink films, card substrates, electronics & electrical appliances, stationery, and other sectors. As downstream industries undergo consumption upgrades and product iteration, demand for PETG granules continues to rise steadily.

III. Market Competition Landscape

* Coexistence of International Giants and Domestic Players: The PETG granules market features both global leaders—such as Eastman and SK Chemical—and active domestic participants—including China Resources Materials, Shenghong Petrochemical, and Huaxin New Materials. Domestic firms are enhancing competitiveness through technological R&D and production capacity expansion.
* Differentiated Competition: Companies are developing diverse grades and performance-optimized PETG granules to meet varying customer requirements, thereby establishing differentiated competitive advantages. For example, China Resources Materials produces two main types—NPG-PETG and CHDM-PETG—covering general-purpose extrusion-blow molding grades, medical-grade, and high-flow injection-molding grades.

IV. Policy and Environmental Impact

* Policy Support: National policies provide strong support for PETG granules industry development. For instance, the Ministry of Industry and Information Technology’s “Catalogue of Priority Applications for First-Batch Key New Materials” explicitly includes specialty polyester PETG.
* Environmental Regulations: Stricter environmental regulations are reinforcing PETG granules’ appeal as an eco-friendly material, further driving demand growth. Enterprises are also intensifying environmental investments to advance green manufacturing transformations and promote circular utilization of post-consumer products.

Analysis, Outlook, and Forecast

I. Price Trend Forecast

* Short-Term Volatility: PETG granules prices may continue experiencing minor fluctuations in the near term, influenced by supply-demand dynamics and raw material cost volatility.
* Long-Term Trend: With sustained domestic capacity expansion and intensifying competition, overall PETG granules prices are expected to stabilize with a slight downward trend. However, premium-grade, high-performance PETG granules may maintain relatively stable pricing—or even see modest increases.

II. Demand Outlook

* Growth in Downstream Sector Demand: Rapid development of downstream industries—including cosmetics, electronics & electrical appliances, and medical devices—will sustain robust demand growth for PETG granules.
* Expansion into Emerging Application Areas: PETG granules are increasingly penetrating emerging fields such as 3D printing and architectural decoration, providing additional momentum for future demand growth.

III. Competitive Landscape Forecast

* Rise of Domestic Enterprises: Through technological innovation and capacity expansion, domestic companies will continuously strengthen their competitiveness and gradually narrow the gap with international leaders.
* Intensification of Differentiated Competition: Firms will persistently develop specialized grades and functionally tailored PETG granules to address diversified client needs, reinforcing differentiated competitive positioning.