Bio-based PET is a biomass-derived fully recyclable, biodegradable, compostable, and renewable bioplastic material. The material is composed of 30% plant-derived ethanol glycol and 70% fossil-derived terephthalic acid (TPA).
First of all,the reason for growth of Bio based PET market is that bioplastics, increasing research and development (R&D) activities by key players in the packaging industry, and rising environmental issues caused by synthetic PET products. Second growing concerns regarding greenhouse gasses coupled with the emergence of bioplastics as an alternative in the packaging and automotive industry are expected to play a major role in driving growth in the near future. Furthermore, increasing importance of sustainable packaging, especially in China and India, is expected to have a positive impact on market demand over the few years.
In 2019, the market size of Bio-based PET is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bio-based PET.
This report studies the global market size of Bio-based PET, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Bio-based PET production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
H.J. Heinz
Ford Motor
Coca-Cola
Toyota Tsusho
Toray Industries
M& G Chemicals
Braskem
Novamont
Avantium Technologies
Market Segment by Product Type
Bottles
Bags
3D Printing
Cosmetic Containers
Market Segment by Application
Packaging Industry
Automotive Industry
Electronics Industry
Textile Industry
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Bio-based PET status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Bio-based PET manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Bio-based PET are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Bio-based PET . Industry analysis & Market Report on Bio-based PET is a syndicated market report, published as Global (United States, European Union and China) Bio-based PET Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Bio-based PET market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.