Global Polyethylene Furanoate Market Forecast to 2027
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.
The report on the Polyethylene Furanoate Market is formed through broad essential and auxiliary examination alongside subjective and quantitative investigation of crucial parts of the market. The clever information is additionally approved and checked by the business experts. The report endeavors to offer further experiences into the general market situation of the Polyethylene Furanoate business circle.
PEF is a biobased polymer that is derived from plants and is entirely recyclable. PEF is gaining traction as more businesses concentrate on producing 100% biobased films, fibres, and bottles. Due to its widespread use as a potential replacement for biobased PET and its superior barrier, mechanical, and thermal qualities, it is anticipated to experience tremendous growth. Additionally, it requires fewer additives than PET because of its better tensile strength. PEF has the ability to be recycled and added to PET recycling streams at 5% of PEF without impacting the performance of recycled PET.
Because the market for carbonated soft drinks is expanding quickly, there has been a noticeable rise in bottle demand recently. Even though PET is widely used to make bottles, the bottled packaging sector is gradually turning its attention to biobased plastic bottles as a result of growing environmental concerns. As a result, PEF will be widely used in bottled packaging applications over the foreseeable future.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Polyethylene Furanoate market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
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.
Research Report on the Polyethylene Furanoate Market Addresses the Following Key Questions:
- Who are the dominant players of the Polyethylene Furanoate market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Polyethylene Furanoate market?
- What are the key growth drivers and restraining factors of the Polyethylene Furanoate market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Polyethylene Furanoate market and its key segments?
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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
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- North America
more
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Regional Landscape section of the Polyethylene Furanoate report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- 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)
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Polyethylene Furanoate market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Polyethylene Furanoate with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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