Polyethylene Naphthalate (PEN) Market Size, Share, Trends, Forecast, & Growth Analysis

The polyethylene naphthalate (PEN) market was estimated at USD 1.16 billion in 2022 and is likely to grow at a CAGR of 8.04% during 2023-2028 to reach USD 1.87 billion in 2028. The surge in demand for packaged food & beverages owing to changing lifestyles, hectic schedules, and increasing disposable incomes may boost the market growth.