The global Polyethylene Furanoate Market will be worth USD 120.1 million by 2027, according to a current analysis by Emergen Research. 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
The Global Polyethylene Furanoate Market report, published by emrgen research, is a holistic study of the current and upcoming trends of the Polyethylene Furanoate Market that are expected to influence its growth over the forecast period. The report offers an in-depth analysis of the leading geographical segments of the market
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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.
Demand for bottles has been increasing significantly because the carbonated soft drink industry is growing rapidly. Although, PET is majorly preferred for the manufacture of bottles globally, yet due to growing environmental concerns, the bottled packaging market is slowly setting its eyes on biobased plastic bottles. Hence, there will be a considerable adoption of PEF regarding bottled packaging applications over the forecasted span.
The leading players profiled in the report include:
Avantium Technologies B.V., Toyobo Co., Ltd., Sulzer ChemTech., Corbion, Biochem AG, and Swicofil AG. among others.
Scope of the Global Polyethylene Furanoate Market Report :
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Polyethylene Furanoate Market industry, which turns out to be beneficial for readers interested in this sector.
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In terms of revenue, North America dominated the market in 2019 and is likely to continue its dominance over the forecasted period as well. This is mainly because of the rise in soft drinks industry across the region. The market in Europe is also gaining traction because of the stringent environmental regulations coupled with the growing demand for sustainable packaging.
Covid 19 impact :
The global Polyethylene Furanoate Market report by Emergen is the latest document covering the changes in the market dynamics and trends that have followed the COVID-19 outbreak. The global health emergency has brought about unprecedented changes in the global economic scenario, drastically affecting the Polyethylene Furanoate Market landscape, disrupting its supply chains, and causing volatility in prices and demand for products.
Emergen Research has segmented the global Polyethylene Furanoate Market as :
Application Outlook (Revenue, USD Billion; 2017-2027)
Bottles
Films
Fibers
Others
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Regional Segmentation;
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)
Overview of the Polyethylene Furanoate Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis\
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
Table of Contents:
Chapter 1: This section analyzes the global Polyethylene Furanoate Market introduction, product offerings, scope, growth opportunities, market risks, and key driving forces.
Chapter 2: This chapter presents a detailed study of the key manufacturers in the Polyethylene Furanoate Market , with sales and revenue estimations.
Chapter 3: This elaborates on the competitive scenario, with details on the major manufacturers and vendors.
Chapter 4: This section studies the global Polyethylene Furanoate Market based on regions.
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