#Polyethylene Furanoate Market Segmentation
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Polyethylene Furanoate Market Growth, Size and Future Outlook 2034
Polyethylene furanoate (PEF) is ethylene glycol and 2, 5-furandicarboxylic acid (FDCA) are the main ingredients in the bio-based polyester known as polyethylene furanoate (PEF). Compared to conventional petroleum-based polymers like Polyethylene Terephthalate (PET), it is seen as a sustainable substitute. Compared to PET, PEF has better mechanical, thermal, and barrier qualities, which makes it perfect for packaging uses such bottles and films. PEF is also entirely recyclable and made from renewable resources, which lessens its carbon footprint and environmental effect. As a potential material in the transition to greener plastic alternatives, its biodegradability under industrial composting settings enhances its eco-friendly profile.
According to SPER market research, ‘Global Polyethylene Furanoate (PEF) Market Size- By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Polyethylene Furanoate (PEF) Market is predicted to reach 71.98 million by 2034 with a CAGR of 6.98%.
Drivers:
Agricultural waste, biomass, and plant-based sugars are examples of renewable feedstocks that are used to make the biobased polymer Polyethylene Furanoate (PEF). The growing demand for sustainable and environmentally friendly products, along with the movement away from reliance on fossil fuels, is driving the acceptance of PEF as a biobased alternative to conventional plastics. In the packaging industry, polyethylene furanoate, or PEF, is widely utilized for materials, films, trays, bottles, containers, and pouches. Because of the increased demand for sustainable packaging solutions, stringent regulations on single-use plastics, and consumer preferences for eco-friendly packaging, the packaging industry is adopting PEF as a biobased alternative to PET and other plastics.
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Restraints:
Agricultural or biomass-derived sugars are examples of renewable feedstocks used to make polyethylene furanoate (PEF). A number of variables can impact the availability and cost of these feedstocks, including as crop yields, farming practices, weather, and competition from other industries like food and biofuels. PEF output and pricing may be impacted by feedstock shortages or fluctuations. Economies of scale, production efficiency, and process scalability are problems in the commercial manufacture of polyethylene furanoate (PEF). From lab- or pilot-scale to commercial-scale operations, PEF production requires a significant investment in infrastructure, technological optimization, and process validation. The market debut may be delayed as a result, and production costs may rise. The market for polyethylene furanoate was dominated by North America. The growing need for eco-friendly materials is what's causing this. Some significant market players are Avantium N.V., BASF, Danone, ALPLA, TOYOBO CO., LTD., ADM, Corbion, Mitsui Chemicals, Inc. and DuPont, Origin Materials.
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Polyethylene Furanoate Market Share
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PEF (Polyethylene Furanoate) Market Size, Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global PEF (Polyethylene Furanoate) Market was valued at USD 21.3 million in 2024 and is estimated to grow at a CAGR of 8.3% to reach USD 47.2 million by 2034. PEF is a next-generation, bio-based polyester derived from renewable feedstocks, primarily derived from plant-based sugars. As an eco-friendly alternative to traditional petroleum-based plastics, such as polyethylene terephthalate (PET), PEF has been gaining significant traction due to the increasing consumer and regulatory shift toward sustainability. The market growth is largely fueled by the rising demand for environmentally friendly packaging solutions, stricter regulations aimed at reducing plastic waste, and the inherent material properties of PEF, which offer superior advantages over conventional plastics like PET.
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The growing global push toward sustainable packaging is one of the key factors driving the expansion of the PEF market. Consumers, companies, and governments alike are increasingly focused on reducing the environmental footprint of packaging, and PEF, derived from renewable plant sources, offers a promising solution. This polyester not only reduces the carbon footprint compared to traditional plastics but also contributes to less waste accumulation, as PEF is biodegradable. Moreover, its superior barrier properties, which include better resistance to oxygen, carbon dioxide, and water vapor compared to PET, make it particularly valuable in sectors such as food and beverage packaging, where product quality and shelf life are crucial.
As demand for PEF continues to rise, the market is seeing increased interest from companies across the globe. PEF bottles, in particular, have captured the largest share of the market, accounting for 74.3% of the overall PEF usage. This is due to PEF's advanced barrier capabilities, which preserve the freshness of beverages for longer periods. In the beverage industry, where product longevity is vital, the shift from traditional plastics to bio-based alternatives is not just a trend but a necessity. Furthermore, the growing consumer awareness surrounding environmental sustainability is pushing beverage manufacturers to adopt these more eco-friendly materials. With governments enforcing stricter regulations on plastic waste and carbon emissions, major corporations in the beverage industry are making the switch to bio-based plastics like PEF.
The global PEF market is also divided into two primary categories: bio-based and plant-based sources. The bio-based segment is dominant, holding a 60.9% share in 2024, thanks to the versatility of bio-based feedstocks. Unlike plant-based sources, which often rely on specific crops, bio-based production methods allow manufacturers to use a wide range of raw materials, such as agricultural byproducts, industrial residues, and sugar-rich biomass. This flexibility not only secures supply chains but also strengthens the scalability and resilience of PEF production, ensuring its continued growth as demand increases.
The United States is a significant player in the PEF market, generating USD 5.2 million in 2024. A major driver of this growth has been government initiatives that support the adoption of bio-based materials. Programs designed to promote the use of renewable plastics, particularly through federal procurement mandates, have created a favorable landscape for PEF. These initiatives not only help reduce the environmental impact but also open up opportunities for PEF across diverse applications, including packaging, textiles, and films. By fostering an environment conducive to the growth of sustainable plastics, the U.S. is establishing itself as a leader in the global shift toward eco-friendly materials.
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To capitalize on this rapidly growing market, key players in the PEF sector are employing a range of strategies, including expanding their production capacities, forming strategic partnerships with other industry leaders, and investing heavily in research and development to improve PEF production methods and enhance its material properties. Companies such as BASF SE, Avantium, Amcor, Alpla Group, and Toyobo are at the forefront of this innovation, positioning themselves as key players in the eco-friendly packaging market. By embracing sustainable solutions and leveraging government incentives, these companies aim to stay ahead of the curve in the fast-evolving packaging industry.
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Polyethylene Furanoate (PEF) Market Application, Growth, Opportunities, Top Companies, Share, Key Segments, Regional Insights, and Forecast to 2028
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2,5-Furandicarboxylic Acid (FDCA) Market to Cross USD 980.3 million, at a CAGR of 8.2% by 2031
The global 2,5-Furandicarboxylic Acid (FDCA) market is estimated to flourish at a CAGR of 8.2% from 2023 to 2031. According to Transparency Market Research, sales of 2, 5-Furandicarboxylic Acid (FDCA) are slated to US$ 980.3 million by the end of the aforementioned period of assessment.
Innovations in FDCA applications beyond packaging and polyester production are vital drivers reshaping its market landscape. The development of FDCA-based polymers for the electronics and automotive industries marks a transformative stride. Due to its exceptional thermal and mechanical properties, research is unveiling FDCA's potential as a high-performance material in electronic components and lightweight automotive parts.
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FDCA's integration into the pharmaceutical sector as a building block for novel drugs and drug delivery systems is gaining attention. Its biocompatibility and ability to modify drug-release kinetics present promising opportunities in pharmaceutical formulations, potentially revolutionizing drug manufacturing.
Market Segmentation
By Service Type:
Production Services: Custom manufacturing, bulk production
Consulting Services: Technical support, market analysis
By Sourcing Type:
Bio-based: Derived from renewable resources like plant biomass
Synthetic: Derived from petrochemical processes
By Application:
Polyesters: Such as polyethylene furanoate (PEF)
Polyamides: Used in fibers and engineering plastics
Polyurethanes: For foams, elastomers, and coatings
By Industry Vertical:
Packaging: Bottles, films, and containers
Textiles: Fibers and fabrics
Automotive: Parts and components
Construction: Insulation materials and coatings
By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Regional Analysis
North America: Dominates the FDCA market due to significant investments in R&D and a robust regulatory framework promoting sustainable materials.
Europe: A strong advocate for green initiatives, Europe is a key market for FDCA, driven by stringent environmental regulations and high consumer demand for eco-friendly products.
Asia-Pacific: Expected to witness the fastest growth due to rapid industrialization, urbanization, and increasing government support for bio-based products in countries like China and India.
Latin America and Middle East & Africa: Emerging markets with growing awareness of sustainable practices and potential for significant future growth.
Market Drivers and Challenges
Market Drivers:
Environmental Concerns: Growing awareness of environmental pollution and the carbon footprint of petrochemical products.
Government Regulations: Supportive policies and regulations promoting the use of bio-based materials.
Technological Advancements: Innovations in FDCA production processes making it more cost-effective and efficient.
Consumer Preferences: Increasing consumer preference for sustainable and biodegradable products.
Market Challenges:
High Production Costs: Bio-based FDCA production is still more expensive compared to petrochemical counterparts.
Limited Infrastructure: Insufficient infrastructure for large-scale production and distribution of FDCA.
Technical Barriers: Challenges related to the scalability and stability of FDCA-based products.
Market Trends
Sustainable Packaging: Growing use of FDCA in the packaging industry as an alternative to PET (polyethylene terephthalate).
R&D Investments: Increased investment in research and development to improve production efficiency and expand FDCA applications.
Partnerships and Collaborations: Strategic collaborations between companies to enhance market reach and technological capabilities.
Future Outlook
The future of the FDCA market looks promising with ongoing advancements in production technologies and increasing adoption across various industries. By 2031, FDCA is expected to play a crucial role in the global shift towards sustainable and biodegradable materials, driven by regulatory pressures and consumer demand.
Key Market Study Points
Market dynamics and growth opportunities
Detailed segmentation analysis
Regional market performance and growth prospects
Analysis of market drivers, challenges, and trends
Future outlook and potential market developments
Competitive Landscape
The FDCA market is characterized by the presence of several key players focusing on innovation and strategic collaborations. Major companies are investing in R&D to enhance product quality and reduce production costs. The competitive landscape is expected to intensify with the entry of new players and increasing demand for sustainable materials.
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Recent Developments
Partnerships: Recent collaborations between major chemical companies to develop and commercialize FDCA-based products.
Technological Innovations: Advances in bio-based production methods reducing costs and improving yield.
Regulatory Approvals: New government regulations supporting the use of bio-based chemicals in various applications.
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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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Waterproofing Systems Market Industry Size, Analysis, Trends, , and Regional Forecast by 2027
The global waterproofing systems market is expected to reach a value of USD 82.29 Billion by 2027, according to current analysis by Emergen Research. Growth of the market can be attributed to increasing utilization of waterproofing systems to increase the life and durability of structures. Adoption of waterproofing systems has been increasing significantly to safeguard buildings in flood-prone areas. The increasing need to prevent mold and mildew from getting into walls and floorspaces of buildings and structures is driving demand for deployment of waterproofing systems across commercial sectors
The Waterproofing Systems Market intelligence report further offers hard to find data derived from attractiveness analysis that narrates a lot about the products, regions and applications expected to generate more revenue. The research study sheds light on the key growth opportunities and market trends along with other vital market dynamics, including the drivers and restraints on the industry growth. With this report, the prospective buyers can be sure to become capable of adapting to the changes in the Waterproofing Systems industry.
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Report Objectives
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Waterproofing Systems market.
Explore the underlying dynamics of the global Waterproofing Systems market.
Highlight significant trends of the global Waterproofing Systems market based on factors including, production, revenue, and sales.
Top key Companies of the Waterproofing Systems Market :
BASF SE, Fosroc, SIKA AG, Soprema Inc., GCP Applied Technologies, Mapei S.p.A., Carlisle Construction Materials LLC, Tremco, Pidilite Industries, and Bostik.
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Additionally, the report gives two distinct market forecasts, one from the perspective of the producer and another from that of the consumer. It also offers valuable recommendations for new as well as established players of the global Waterproofing Systems market. It also provides beneficial insights for both new as well as established players of the global Waterproofing Systems market.
Segmentation:
Emergen Research has segmented the global waterproofing systems market on the basis of application, end-use, type, and region:
Application Segment Outlook (Revenue, USD Billion; 2017–2027)Roofing & walls Waste & water management Building Structures Roadways Others
End-use Segment Outlook (Revenue, USD Billion; 2020–2027)Commercial Residential Industrial infrastructure development
Type Segment Outlook (Revenue, USD Billion; 2020–2027)Waterproofing chemicals Waterproofing membranes Integral systems
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Regional Overview:
The global Waterproofing Systems Market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Waterproofing Systems Market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
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Bio-Based Polyethylene Terephthalate Market, by Application, End-Use Industry, and Geography - Trends, and Forecast till 2025
Polyethylene Terephthalate, also called PETE or PET, is a plastic resin of polyester. It is extensively used as a packaging material owing to its properties such as high versatility, strength, and recyclability. Bio-based polyethylene terephthalate is a resin manufactured from terephtalic acid and ethylene glycol, which is obtained from plants such as sugar cane and sugar beet by thermo-chemical process. Due to its environment friendly qualities, such as reduction in GHG emissions and carbon footprint, bio-based polyethylene terephthalate is widely accepted in packaging of various food and beverages and in automotive industry.
Rising consumption of beverages coupled with the regulations imposed by various governments to reduce GHG emission, is one the major factors contributing to the growth of the bio-based PET market. In 2015, France adopted Green Growth and Energy Transition Law, with key objectives for GHG reduction, energy efficiency (reducing demand by 20% by 2030 and 50% by 2050), and diversification of energy supply by reducing the consumption of fossil and nuclear fuels and to accelerate the deployment of renewables. Further, the adoption of Montreal and Kyoto protocol in various countries including US, Canada and Japan among others is expected to increase the demand for low carbon emitting substitutes such as bio-based PET. Moreover, growing demand for sustainable environment friendly and lightweight material in automotive industry is expected to boost the demand for bio-based polyethylene terephthalate market at the global level. However, availability of substitutes such as bio-based polyethylene furanoate (PEF), is a major factor hindering the growth of the market. The production cost of bio-based PEF is less than the bio-based PET. Also, PEF has a relatively long product shelf life. Owing to these factors, bio PEF is gaining popularity in packaging industry and thus, hampering growth of bio-based PET market.
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Based on applications, bottles segment dominated the bio-based polyethylene terephthalate market in 2016 and is expected to retain market dominance throughout the forecast period. The growing consumption of beverages in emerging economies is also aiding growth of the market. According to the Agriculture and Agri-food Canada, the consumption of alcoholic beverages in South Korea is steadily increasing since 2012, and due to the free trade agreement with U.S. (2012), and European Union (2011), there is a growing demand for whiskey and wines. In addition to this, rising popularity for sustainable packaging materials to reduce the carbon footprint are the major factors, propelling demand for bio-based PET bottles. Regular plastic does not decompose and poses significant threat to the environment, polluting land, water, and air. According to European Commission, 162.6 kg of packaging waste was generated in 2014, per inhabitant in the European Union Member States. The rising awareness regarding the plastic pollution, is expected to support the market growth of bio-based PET during the forecast period.
Asia Pacific led the market in 2016 and is expected to continue its dominance throughout the forecast period. Rising support from regulating bodies to reduce greenhouse emissions is one of the major factors propelling the growth of this market. According to the Australian Government Department of the Environment and Energy, under the 2015 Paris Agreement, Australia has committed to reduce emission by encouraging technological innovations and expanding the clean energy sector. Japan is the largest market for Bio-Based PET in Asia Pacific, following its adoption of Kyoto protocol. Kyoto protocol is an international agreement and is linked to the United Nations Framework Convention on Climate Change. The protocol has a major feature of setting mandatory targets on greenhouse-gas emissions for the countries which have accepted this protocol. Furthermore, major companies such as Toyota Tsusho Corporation and Toray industries Inc. are actively supporting usage of sustainable packaging. For instance, in 2013, Toyota Tsusho Corporation had introduced a new plant derived plastic brand, under the brand name GLOBIO to promote environment friendly product development. GLOBIO, is a plant derived PET plastic and consists of bio-based monoethylene glycol.
In North America, U.S. dominated the bio-based polyethylene terephthalate market in 2016. Rising initiatives to reduce greenhouse emissions and use of sustainable packaging are the major factors driving the market growth. In 2014, Canada pledged US$ 300 million to the Green Climate Fund, global fund which supports emerging economies to reduce their GHG emissions. Furthermore, the growing demand for lightweight materials in automotive industry is another major factor supporting the growth of the market at present. Bio-based PET is extensively used in the form of sheets, foams and fabrics in automotive applications owing to their lightweight and high shatter resistance properties. According to the International Organization of Motor Vehicles Manufacturers (OICA), in 2016, a total of 12,198,137 cars and commercial vehicles were produced in the U.S. The steadily growing automotive industry is also expected to support the growth of this market, owing to the rising penetration of bio-based polyethylene terephthalate in automotive industry.
Leading players in the global bio-based PET market are adopting various strategies such as research and development, collaborations and new product launch to retain their market share. For instance, in 2012, Toray Industries inc. and Gevo Inc. had signed Bio-Paraxylene offtake agreement, for pilot-scale production of fully renewable, bio-based PET.
The major players operating in the global bio-based polyethylene terephthalate market include, Toray Industries Inc., The Coca-Cola Company, Teijin Limited, Toyota Tsusho Corporation, Anellotech Inc., Gevo Inc., Plastipak Holdings Inc., Virent Inc., and Ford Motor Company.
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Polyethylene Furanoate Market Size 2021 And Forecast to 2031
Polyethylene Furanoate Market Size 2021 And Forecast to 2031
The Polyethylene Furanoate market study by insightSLICE offers compelling insights into key growth drivers and restraints impacting the market through 2031. The survey offers Polyethylene Furanoate demand outlook and studies opportunities existing in key segments, including type and end user. It also highlights key strategies adopted by market players to increase Polyethylene Furanoate…
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Polyethylene Furanoate Market Outlook, Industry Demand and Supply, Key Prospects, Pricing Strategies, Forecast and Top Manufacturers Analysis Report by Emergen Research
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.
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The report also offers extensive details about the leading companies involved in the market along with their profiles, product portfolio, production and manufacturing capacity, cost analysis, market reach, and financial standings. It also pays special attention to strategic initiatives taken by the companies to gain a robust footing in the market like mergers and acquisitions, joint ventures, product developments, technological advancements, brand promotions and product launches, and partnerships, among others.
Leading Players of the Polyethylene Furanoate Market Profiled in the Report are:
Avantium Technologies B.V., Toyobo Co., Ltd., Sulzer ChemTech., Corbion, Biochem AG, and Swicofil AG. among others.
For the purpose of this report, Emergen Research has segmented into the global Polyethylene Furanoate Market on the application and region:
Application Outlook (Revenue, USD Billion; 2017-2027)
Bottles
Films
Fibers
Others
Regional Fragmentation:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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The report offers a panoramic view of the Polyethylene Furanoate market on both global and regional levels. The study is further supported by key statistical data and industry-verified facts. The study strives to carefully gauge the present and future market growth prospects, untapped avenues, demand and consumption patterns, and the crucial factors poised to impact each market region’s revenue potential. Therefore, the report scrutinizes the numerous growth trends & prospects and the significant challenges and threats that the market players might face in the upcoming years.
Target Audience of the Global Polyethylene Furanoate Market report:
Global Polyethylene Furanoate market providers, traders, distributors, and suppliers
Research organizations, End-use industries, consulting organizations, and various alliances related to this business sphere.
Independent regulatory authorities, government bodies, and policymakers.
Highlights of the Table of Contents:
Report Overview 1.1 Research Scope 1.2 Key Polyethylene Furanoate market segments 1.3 Major players 1.4 Market analysis by product type 1.5 Market analysis by application 1.6 Report timeline
Global Growth Trends 2.1 Global Polyethylene Furanoate market size 2.2 Latest trends of the Polyethylene Furanoate market by region 2.3 Key growth trends
Competitive Outlook 3.1 Global Polyethylene Furanoate market key players 3.2 Global Polyethylene Furanoate size by manufacturers 3.3 Products of major players 3.4 Entry barriers in the Polyethylene Furanoate market 3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Polyethylene Furanoate Market by product type
4.1 Global Polyethylene Furanoate Sales by Product
4.2 Global Polyethylene Furanoate by Product Revenue
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Polyethylene Furanoate (PEF) Market Analysis, Segments, Top Key Players, Drivers and Trends by Forecast to 2022
5th May 2021 – The global Polyethylene Furanoate (PEF) Market is expected to deal with 16,640 tons by 2022. It is better known by different names such as polyethylene furanoate, poly (ethylene furanoate), and poly (ethylene 2,5-furandicarboxylate). It can be defined as a polymer that is manufactured with the help of polycondensation involving ethylene glycol and 2,5-furandicarboxylic acid (FDCA). Polyethylene Furanoate market is expected to grow at a CAGR of 6.0% in the upcoming period as the scope, product types and its applications are increasing across the globe. Polyethylene furanoate (PEF) is generally obtained from plants. It is 100% recyclable and included in the category of bio-based polymer. The most striking aspect associated with it is that it has the potential to substitute conventional resources by durable material PET. It is known to possess exceptional barrier as well as mechanical properties as compared to polyethylene terephthalate. It is also likely to emerge as the next generation polyester.
The key reason behind robust market growth of polyethylene furanoate could be growing environmental concerns in order to reduce the greenhouse gas emissions in the surroundings. Also, implementation of strict government regulations toward usage of non-recyclable plastics is estimated to contribute to the market growth. There has been a shift in the trend towards utilization of eco-friendly substitutes, which will soon foster the market growth in the near future. On the other hand, fall in the prices of crude oil and low availability of the raw material may hamper the PEF market growth in the years to come. In addition, the bio-based PRT is a polymer consisting of approximately 30% bio-based MEG and 70% PTA. Rising efforts by numerous corporations to produce PTA using bio based raw resources in order to produce 100% bio-based PET is expected to challenge the development of the marketplace in the years to come.
Polyethylene Furanoate Market may be explored by applications, and geography. Polyethylene Furanoate (PEF) may be explored by applications as Bottles, Fibers and fibrous webs, Films, Packaging Product, Others. Fibers sector is estimated to grow at the highest CAGR and will keep on being the highest sector in the Polyethylene furanote over the forecast period. The PEF components are recycled from PEF-based flasks that have been arranged into 100% bio-based T-shirts. These fibers are mainly used as a part of the packing manufacturing products, for example, fertilizers, and cement, pesticides, nevertheless power-driven bundling, they are used in carpets, clothing, and sports apparel. Europe has been at the forefront with regards to Polyethylene Furanoate (PEF) Market and will continue to rule the roost in the years to come. Europe is anticipated to develop at a 7.0% CAGR in terms of volume during the forecast period. The strict government regulations standards and growing demand for maintainable packing is estimated to drive the development of PEF market over the forecast period.
Europe is followed by Asia-Pacific region. The development of the sector can be ascribed to growing demand for bio-degradable, sustainable, and profitable packaging material. Healthy development in the carbonated soft drink marketplace is expected to play an essential part in the growth of the regional marketplace. Some of the key players that fuel the growth of the Polyethylene Furanoate (PEF) Industry include Toyobo Co., Ltd., SULZER ChemTech, and Avantium Technologies B.V. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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Polyethylene Furanoate Market Research Report, Size, Share, Industry Outlook - 2020-2027
The Global Polyethylene Furanoate Market Research Report offers an in-depth analysis of the Photonic Crystals industry and the economic scenario for business management that offers development and profitability for the key players in the market.
The study offers a comprehensive overview of the technologies, volume size, raw materials, and in-depth analysis of the market with a dedicated section for the profiling of key companies. The report also offers trends and patterns that are projected to influence the growth of the Photonic Crystals market during the forecast period of 2019-2027.
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The report further explores the key companies and their product portfolios to impart a better understanding of the competitive landscape.
The report covers the profiling of the following key companies:
· Gevo, Inc.
· Avantium N.V.
· WIFAG-Polytype Holding AG
· Toyobo co., ltd.
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Furthermore, the report offers insights into the segmentation of the Photonic Crystalsindustry based on product types, applications, end-user, technology, and key regions. The study also assesses the market segment expected to show significant growth in the coming years.
· Application Outlook (Revenue, USD Billion; 2017-2027)
Bottles
Films
Fibers
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Key Features of the Polyethylene Furanoate Market Report:
· The report encompasses Polyethylene Furanoate market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
· An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
· Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
· Supply chain analysis along with technological advancements offered in the report
· The report provides an extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Photonic Crystalsindustry
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Polyethylene Furanoate Market 2020 Specification, Growth Drivers, Industry Analysis Forecast By 2027
The Polyethylene Furanoate report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the Polyethylene Furanoate research report serves as a repository of analysis and information for every facet of the Polyethylene Furanoate market.
Even though PET is predominantly used to manufacture bottles across the world, the growing environmental concerns surrounding it are compelling the companies to shift their preference to bio-based plastic bottles. This is paving the way for rapid adoption of PEF in manufacturing of bottle and packaging applications, thereby augmenting the industry growth in the forecasted timespan.
Key companies of the global market landscape include Avantium Technologies B.V., Toyobo Co., Ltd., Sulzer ChemTech., Swicofil AG, Corbion, and Biochem AG, among others.
Application Outlook (Revenue, USD Billion; 2017-2027)
• Fibers
• Films
• Bottles
• OthersThe Global Polyethylene Furanoate Market is anticipated to gain a valuation of USD 120.1 Million by 2027, at a growth rate of 17.8%, throughout the predicted timeframe, as per the latest analysis by Emergen Research. The significant factors contributing to the rise of the industry is the augmenting application of bio-based polymers in several end-user industries, such as automotive and packaging, among others. Additionally, the consumer-friendly and environmentally sustainable attributes of Polyethylene Furanoate (PEF) are increasing their preference over bio-based PET polymers. This is, in turn, estimated to stimulate the progress of the industry over the forthcoming years.
For this study, Emergen Research has segregated the Global Polyethylene Furanoate Market based on application and region:
Key Highlights from the Report:
The North American market commanded the global market in revenue contribution and is estimated to retain its top place during the projected timeframe. This can be attributed to the soaring intake and the need for soft drinks across the region. The European market is also forecast to gain traction during the time owing to the emergence of stringent environmental regulations and escalating need for sustainable products.
Avantium, a Netherlands-based chemical and renewable polymers company, in 2019 commercialized the company’s YXY brand technology, which is patented, of furanics. The company is aiming to manufacture technologically progressed green fuels to augment the use of PEF across significant geographies.
Global Polyethylene Furanoate Market Report – Table of Contents:
· Chapter 1 includes the global Polyethylene Furanoate market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
· Chapter 2 broadly categorizes the Polyethylene Furanoate market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
· Chapter 3 elaborates on the competitive outlook of the Polyethylene Furanoate market, focusing on the major manufacturers and vendor landscape.
· Chapter 4 exhaustively studies the key manufacturers of the Polyethylene Furanoate industry, along with their anticipated sales and revenue shares.
· Chapters 5 includes market segmentation based on product type, application range, and market players.
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Polyethylene Furanoate (PEF) Market Reports 2025 By Driving Factors, Size, Country And Trends
Felton - Polyethylene Furanoate (PEF) Market Report provides a complete analysis of the market. The Report focuses on manufacturers, suppliers, segmentation according to the application, major players, customers, opportunities, future roadmap, and furthermore. The competitive data type analysis includes capacity, market share, profit margin, market growth, consumer consumption, imports, exports, revenue, and etc. Marketing strategies, policies, industry chain that are changing the wave of the market are also catered in the report.
Polyethylene Furanoate (PEF) Market is expected to deal with 16,640 tons by 2022. Polyethylene Furanoate market is expected to grow at a CAGR of 6.0% in the upcoming period as the scope, product types and its applications are increasing across the globe.
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Polyethylene furanoate (PEF) is generally obtained from plants. It 100% recyclable and included in the category of bio – based polymer. The most striking aspect associated with it is that it has the potential to substitute conventional resources by durable material PET. It is known to possess exceptional barrier as well as mechanical properties as compared to polyethylene terephthalate. It is also likely to emerge as the next generation polyester.
The key reason behind robust market growth of polyethylene furanoate could be growing environmental concerns in order to reduce the greenhouse gas emissions in the surroundings. Also, implementation of strict government regulations toward usage of non-recyclable plastics is estimated to contribute to the market growth. There has been a shift in the trend towards utilization of eco-friendly substitutes, which will soon foster the market growth in the near future. On the other hand, fall in the prices of crude oil and low availability of the raw material may hamper the PEF market growth in the years to come.
Polyethylene Furanoate Market may be explored by applications, and geography. Polyethylene Furanoate (PEF) may be explored by applications as Bottles, Fibers and fibrous webs, Films, Packaging Product, Others. Fibers sector is estimated to grow at the highest CAGR and will keep on being the highest sector in the Polyethylene furanote over the forecast period. The PEF components are recycled from PEF-based flasks that have been arranged into 100% bio-based T-shirts. These fibers are mainly used as a part of the packing manufacturing products, for example, fertilizers, and cement, pesticides, nevertheless power-driven bundling, they are used in carpets, clothing, and sports apparel.
Market Segment:
Polyethylene Furanoate Application Outlook (Volume, Tons; Revenue, USD Thousand, 2016 - 2022)
• Bottles
• Films
• Fibers
Polyethylene Furanoate Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2016 - 2022)
• North America
• U.S.
• Europe
• Netherlands
• Asia Pacific
• China
• Japan
• Rest of the World
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Regional Analysis For Polyethylene Furanoate (PEF) Market:
For comprehensive understanding of market dynamics, the global Polyethylene Furanoate (PEF) Market is analyzed across key geographies namely: North America, Europe, Asia-Pacific, Latin America and Africa. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Polyethylene Furanoate (PEF) Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of High-Performance Alloys Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
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Polyethylene Furanoate (PEF) Market Growth, Key Opportunities, Trends And Forecast 2027
Overview
The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the Polyethylene Furanoate (PEF) Market for the 2019-2027 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the Polyethylene Furanoate (PEF) Market over the forecast period.
The report discusses the Market structure, including prevailing trends, size of the Market vis-à-vis revenue and volume, and finally forecasts values. Vital information, facts, and statistical figures provided for the Polyethylene Furanoate (PEF) Market are based on extensive primary and secondary research. Analysts also reached out to industry experts for their insightful inputs on the Polyethylene Furanoate (PEF) Market.
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Further, the report provides a comparative analysis of historical and current trends prevailing in the Polyethylene Furanoate (PEF) Market. This helps to estimate growth trends in the Polyethylene Furanoate (PEF) Market over the assessment period. Such comparative analysis is provided using an exhaustive collection of tables and graphical representations.
The report delves into the vendor landscape of the Polyethylene Furanoate (PEF) Market. The research report on the Polyethylene Furanoate (PEF) Market provides valuable insights on the competitive landscape of the Polyethylene Furanoate (PEF) Market. Besides this, the research report provides deep insights into growth strategies employed by key players, along with impact of these strategies on future business growth.
The SWOT analysis of key vendors along with a detailed profile of key vendors based on business overview, financial status, and product portfolio helps to gauge competitive dynamics in the Polyethylene Furanoate (PEF) Market. This analysis helps to gauge growth strategies to be employed by prominent vendors in the Polyethylene Furanoate (PEF) Market, and scope of collaborations and partnerships between these players.
The report includes an exhaustive list of top players in the Polyethylene Furanoate (PEF) Market:
Avantium N.V.
ALPLA Werke Alwin Lehner GmbH & Co KG
TOYOBO CO., LTD.
The Coca-Cola Company
Mitsui & Co., Ltd.
WIFAG-Polytype Holding AG
Gevo, Inc.
Toray Industries Inc.
Further, Market share projections and changing competitive hierarchy in the Polyethylene Furanoate (PEF) Market until the end of the forecast period are vital offerings of this report.
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Key Questions Answered in the Polyethylene Furanoate (PEF) Report
What is the revenue projections in the Polyethylene Furanoate (PEF) Market over the forecast period?
Which product segment is likely to garner maximum share in the Polyethylene Furanoate (PEF) Market over the forecast period?
Which regional segment is likely to hold the leading share in the Polyethylene Furanoate (PEF) Market over the assessment period?
What are winning strategies adopted by leading players in the Polyethylene Furanoate (PEF) Market to consolidate their foothold?
What are some prominent developments observed in the Market?
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Acrylic Fiber Market Growth Trends, Cost Structure, Driving Factors and Future Prospects 2023
Acrylic Fibres Market- Competitive Landscape
The Global Acrylic Fibre Market is consolidated in nature as it is dominated by few established industry participants including. The players dominated global market are Aksa Akrilik Kimya Sanayii A.Ş. (Aksa), Dralon, Aditya Birla Group, Exlan Japan Co. Ltd., Taekwang Industry Co, Ltd., Indian Acrylics Limited and Pasupati Acrylon Limited which holds substantial global share. This market is heading towards growth stabilization and offers moderate degree of competition served by industry players.
Acrylic Fibre Market – Segments
For the convenience of the report and enhanced understanding; The Acrylic Fibre Market is segmented in to 2 key segments.
Segmentation by Form: Comprises Stable Acrylic Fibre and Filament Acrylic Fibre.
Segmentation by End User: Comprises Apparel Household Furnishing, Industrial, and Others.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Acrylic Fibre Market – Market Overview
Acrylic Fibre is a manmade fibre and known as synthetic fibre which is produced by two different methods including wet & dry spinning method. Acrylic Fibre closely resembles wool in its characters, which contain minimum 85% acrylonitrile in their chemical structure are called Acrylic Fibres. The Global Acrylic Fibre Market represents steady growth over the past seven years, and it is likely to continue in same trend over the assessment period. In addition to this, the global market anticipated to progress in terms of CAGR due to its increasing popularity driven by lower denier properties.
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Global market is heading towards growth stabilization supported by changing regional demographics. Acrylic Fibre represents huge numbers in terms market value and volume, although, the market registered single digit steady growth rate. Factors such as growing demand of apparel with changing climatic conditions likely to lead the growth for Acrylic Fibre in the coming years. Emerging economies in Asia Pacific such as India, China, and Japan expected playing pivotal role due to high industrial advancements along with economic reforms. The region expected to retain its prominence over the coming years as well owing to rapid industrialization along with active presence of key industry participants. The growth in this region also considered as export driven up to some extent. The fact that, Asia Pacific has active presence of large number of players, Turkey consist of largest player in this market including Akrilik Kimya Sanayii A.Ş. (Aksa).
The ability of Acrylic Fibre to offer versatile products in apparel industry has made it on high end by being key revenue generating industry. Apparel industry is offering wide application scope for Acrylic Fibre along with creating further growth opportunities for existing products including sweaters, socks, fleece wear, circular knit apparel, and sportswear. Acrylic fibre is highly matured market and it consist of few established market players along large number mid-scale manufactures. Thus, rivalry offers by this market is on global level is medium, although, the scenario may change in the coming years due the growth represented by this market. As per the detailed study published by the Market Research future on Acrylic Fibre, the global market will be showing lucrative growth prospects owing to technological advancements along with cost effective production of Acrylic Fibre. On the flip side, raw material changes along with stringent environmental regulation may challenge the growth of this market over the forecast period of 2017-2023.
Industry/ Innovation/ Related News:
May 2015- Thai Acrylic Fibre developed a new product phase change materials (PCM) acrylic fibre with Outlast Technologies, USA. The production process allowed the acrylic fibre material to perform 4 times better than existing one.
December 2015- Leading manufacturers of acrylic fibre Aksa has expanded its production capacity from 308,000 tons/year to 315,000 tons/year, followed by the modernization of production process.
March 2016 – One of the top acrylic fibre producers, Thai Acrylic Fibre which is part of Aditya Birla Group expanded a new Radianza brand gel dyed acrylic fibre in china. By forming partnership with China based company Shandong HengTai textiles which is foremost producer of ecru and dyed acrylic yarn based in Shandong, China.
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September- 2016 –TOYOBO tie up with Dutch Bio venture Company, Avantium to produce bio-based resin i.e polyethylene furanoate (PEF) that has similar qualities to polyethylene terephthalate (PET). Compared to PET barring oxygen and barring water vapor, PEF films are 10 times more efficient bio-based resins. Avantium based in Amsterdam, operates in the field of renewable resources. Toyobo already into bio-based resin products but with expansion of PEF resins has expanded their production into new material as high functionality commodity.
May 2016- Pasupati Acrylon Limited has planned to enter flexible manufacturing market with 5000 tonnes per annum production capacity. However, staring new product portfolio will expand their horizon into world with integrated cast polypropylene film plant.
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PET Biomass Films Market: A Tremendous Opportunity for Manufacturers
Biomass plastic is a plant-based raw material and can be utilized as sustainably as is allows a reduction in the use of fossil fuels. Polyethylene terephthalate (PET) is a material used for developing various types of flexible packaging. It is considered as the environmentally friendly material that aids in minimizing carbon dioxide emissions. Thus, with the development in the PET biomass films, it has become possible for manufacturers to provide biomass-based packaging material in all the areas of flexible packaging. The PET biomass films are composed of MEG (mono-ethylene glycol) derived from sugarcane ethanol and purified terephthalic acid from isobutanol-derived paraxylene.
PET Biomass Films Market: Key Players
Some of the prominent players in the PET biomass films market are Avery Dennison Corporation, Dai Nippon Printing Co., Ltd., Virent Energy Systems, Inc., Gevo Inc., Avantium, Toray Industries, Inc., Mondi PLC, Toppan Printing Co., Ltd., Plastipak Holdings, Inc., Braskem S.A., and others.
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PET Biomass Films Market: Drivers and Restraints
Expanding demand for eco-friendly packaging, advancement in the bio refining technology as well as the production process, and stringent government regulations to promote the use of sustainable products in industries are the primary factor driving the growth of the global PET biomass films market. The rise in consumer awareness, as well as increasing crude oil and naphtha prices, support investment into biomass-based products.
Additionally, advanced features such as shock and temperature resistance, and ease of tearing are some of the prominent factors fueling the growth of the PET biomass films market over the forecast period. However, the high stretchable strength of polyethylene furanoate (PEF) and petroleum-derived PET served as an alternative to PET biomass films may limit the growth of the PET biomass films market during the forecast the period.
PET Biomass Films Market: Segmentation
The PET biomass films market has been classified by application and end-user industry.
Based on application, the PET biomass films market is segmented into the following:
Label
Semi-conductors
Pouches
Gusseted Bags
Wraps
Roll stock
Automobile Parts
Others
Based on the end user industry, the PET biomass films market is segmented into the following:
Foods and Beverages
Cosmetics and Consumer Care
Consumer Electronics
Automotive
Healthcare
Others
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PET Biomass Films Market: Overview
PET biomass films market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well soon attributed to shifting of consumer focus towards green packaging, an alternative to fossil fuel resources such as oil, and growing demand for flexible packaging among various end user industries. Additionally, use of new renewable material derived from sugarcane and other plants along with some biomass ratio are the factors that can propel the market revenue growth of PET biomass films in the near future.
Based on end user industry, foods and beverages segment is projected to lead the global PET biomass films market over the forecast period attributed to the fact that it protects them from oxidation along with extended the shelf life of the product. Mainly, PET is derived from the polymerization of petroleum based terephthalic acid and ethylene glycol. Thus, companies are a focus on developing biomass derived paraxylene by using isobutanol to produce sustainable low carbon packaging solutions for customers.
PET Biomass Films Market: Region-wise Outlook
Depending on the geographic region, the PET biomass films market is classified into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific, and the Middle East & Africa. Asia-Pacific is expected to be the leading markets in the global PET biomass films market followed by Europe, and Japan is owing to high research and development activities in the chemical and material domain, innovative manufacturing technology, and strategic partnership among prominent players to develop flexible packaging solutions for customers.
The market in Asia-Pacific is projected to have the fastest growth due to rising demand for environmentally friendly packaging primarily from India and China, growing concern of GHS emission, and the entrance of new players in the market. Moreover, increasing government activities to support the development of biomass-based polymers, and expanding distribution channel in emerging markets are some of the factors which are anticipated to rise the growth of PET biomass films market throughout the forecast period.
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Polyethylene Furanoate Market Share Growth, Size Value, Trends, Regional outlook by 2031
Polyethylene Furanoate Market Share Growth, Size Value, Trends, Regional outlook by 2031
Scope Of Polyethylene Furanoate Market: Latest research report on Polyethylene Furanoate Market 2021 published by insightSLICE, starts with the market description, executive report, segmentation and classification. The report offers a comprehensive analysis of the market so that readers can be guided on future opportunities and high-profit areas in the industry. The report provides a detailed…
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