Polyethylene Furanoate Market Acquisition, Scope, Demand, New Opportunities, Statistics, Overview, and Forecast till 202

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Market Size – USD 34.6 Million in 2019, Market Growth - CAGR of 17.8%, Market Trends – Growing demand for PEF materials for bottle manufacturing

The main objective of this Polyethylene Furanoate Market study is to offer a detailed assessment of the business based on type, sector as well as geography. The researchers analyzing different elements associated with the business further offer extensive data regarding various factors such as opportunities, drivers, restraints and challenges influencing the growth rate of the Polyethylene Furanoate industry.

The global Polyethylene Furanoate Market will be worth USD 120.1 million by 2027, according to a current analysis by Emergen Research. The growing demand for bio-based polymer products across multiple industries like automotive and packaging has been the primary driving factors propelling the market growth on a global scale. Additionally, the consumer as well as environment friendly features of PEF over bio-based PET is expected to stimulate the demand in the future.

PEF is a biobased polymer which is 100% recyclable and is extracted from plants. Various companies are focusing on the production of 100% biobased films, fibers and bottles because of which PEF is gaining traction. It is expected to observe significant growth because it is widely used as a potential substitute for biobased PET because of its better barrier, mechanical and thermal properties. Furthermore, it has superior tensile strength because of which it needs lesser additives than PET. Without affecting any performance of recycled PET, PEF has the potential to be recycled as well as incorporated into PET recycle streams at around 5% of PEF.

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Target Audience of the Global Polyethylene Furanoate Market Report:

  • Key Market Players
  • Investors
  • Venture capitalists
  • Small- and medium-sized and large enterprises
  • Third-party knowledge providers
  • Value-Added Resellers (VARs)
  • Global market producers, distributors, traders, and suppliers
  • Research organizations, consulting companies, and various alliances interested in this sector
  • Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Leading manufacturers profiled in the report:

Gevo, Inc., Avantium N.V., WIFAG-Polytype Holding AG, Toyobo co., ltd., The Coca-Cola Company, Mitsui Co., Ltd., Alpla Werke Alwin Lehner GmbH Co, Toray Industries Inc.

Market Overview:

The report bifurcates the Polyethylene Furanoate market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Application Outlook (Revenue, USD Billion; 2017-2027)

    • Bottles
    • Films
    • Fibers
    • Others
  • Regional Outlook (Revenue, USD Billion; 2017-2027)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. UK
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • MEA
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA

more

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Additional information offered by the report:

  • Along with a complete overview of the global Polyethylene Furanoate market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Polyethylene Furanoate market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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