Global bio-based polyethylene terephthalate (PET) market is expected to grow at a CAGR of close to 20% during the forecast period. The global bio-based polyethylene terephthalate market is driven by its eco-friendly nature and superior properties than PET. Stringent government regulations to control greenhouse gas emissions are propelling the demand for sustainable packaging solutions worldwide which is expected to bolster the growth of market over the next few years. Demand for Bio PET is rising in industries such as FMCG, electronics and automotive on account of weight reducing and shatterproof properties exhibited by bio PET bottles, containers, sheets, etc., thereby, propelling the market growth through 2028.
The global bio-based polyethylene terephthalate market is segmented based on end-user, application, company, and region.
Regionally, APAC region is expected to dominate the global bio-based polyethylene terephthalates market during the forecast period due to increasing awareness regarding the importance of bioplastics in developed nations including Japan and South Korea.
The major players operating in the bio-based polyethylene terephthalate market are Avantium, Gevo, Indorama Ventures, M&G Chemicals, Anellotech, Inc., Natureworks, Novamont SpA, Plastipak Holdings Inc., Tianan Biologic Materials, Toray Industries Inc and others.
Objective of the Study
- To analyze and estimate the market size of
global bio-based polyethylene terephthalate market from 2018 to 2021.
- To estimate and forecast the market size of
global bio-based polyethylene terephthalate market from 2022 to 2028 and
growth rate until 2028.
- To classify and forecast global bio-based
polyethylene terephthalate market based end-user, application, company and
regional distribution.
- To identify dominant region or segment in the
global bio-based polyethylene terephthalate market.
- To identify drivers and challenges for global bio-based
polyethylene terephthalate market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in global
bio-based polyethylene terephthalate market.
- To conduct pricing analysis for global bio-based
polyethylene terephthalate market.
- To identify and analyze the profile of leading
players operating in global bio-based polyethylene terephthalate market.
- To identify key sustainable strategies adopted
by market players in global bio-based polyethylene terephthalate market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the manufacturers and presence of all major players across the globe.
Market Insights Research calculated the market size of
Key Target Audience
- Bio-based polyethylene
terephthalate manufacturers
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to bio-based polyethylene terephthalate
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as
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Attribute
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Details
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Base Year
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2022
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Historical Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million, Volume in Units and CAGR for 2018-2022
and 2023E-2028F
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Report coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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Segments covered
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End user
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Application
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Regional scope
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North America; Europe; Asia Pacific; South America; Middle
East & Africa
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Country scope
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United States, Mexico, Canada, China, India, Japan, South
Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa,
UAE, Saudi Arabia, Brazil, Argentina, Colombia;
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Key companies profiled
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Avantium, Gevo, Indorama Ventures, M&G Chemicals,
Anellotech, Inc., Natureworks, Novamont SpA, Plastipak Holdings Inc., Tianan
Biologic Materials, Toray Industries Inc.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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