Polyethylene Furanoate (PEF) Market size stood at US$ 32.77 Mn in 2022 and is expected to reach US$ 50.59 Mn by 2029, at a CAGR of 6.4% during a forecast period.Polyethylene Furanoate (PEF) Market Definition:
It consists of ethylene glycol which has similarity to polyethylene terephthalate (PET) and polyethylene naphthalate. Polyethylene Furanoate (PEF) is generally named as the future polyester that can substitute polyethylene terephthalate (PET).To know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Polyethylene Furanoate (PEF) Market Dynamic:
The packaging is a major industry driving the overall global market growth. Tremendous growth observed in the food and beverage industries is intensifying the overall market growth, hence the upsurge in consumption of food and beverage products across the globe is expected to push the usage of polyethylene furoate (PEF) in packaging application. Characteristics of polyethylene furoate (PEF) include elongation at break, tensile strength, low-temperature impact and adhesion properties of the material used in the making of polyethylene furoate (PEF) are attracting the vendors to invest in the market which will fuel the market growth and is expected to generate opportunities by 2029. Development and adoption of developed technology by the population and major contributors involved in the market growth have been fuelling the market growth in terms of value and volume. The preference of Polyethylene Furanoate (PEF) over the conventional method is considered as a major growth driver for the market. Customization in the packaging, for instance, color, printing, size, and many more, with digitalization is possible with both types is making the product popular and which are utilized by the packaging sector will help to heighten the market demand. Moreover, on the other hand, attention and huge investment in the R & D by polymers manufacturing corporations to develop innovative technology for engineering bio-based polymer to use packaging application, swiftly progressing technology, and the presence of another bio-based packaging polymer may negatively impact market growth.Polyethylene Furanoate (PEF) Market Segment Analysis:
In terms of application, the bottle sector is expected to dominate the market during the forecast year and was valued at US$ x.1 Bn in the year 2022. Growth in the food and beverage industries and the growing trend to consume prepacked food in developed and developing economies like soft drinks, juice, water, jam, melted chocolates and alcohols, and many more are boosting the market thirst amongst producers. Moreover, polyethylene furanoate delivers great resistance to carbon dioxide and oxygen, thus averting food products from being oxidized. Hence, growing demand for polyethylene furanoate in the above-mentioned industry and therefore furthering its market growth. The global food and beverage industry is assessed to reach US$ xx Bn at a CAGR of over 8% during the forecast period. Thus, growth in food and beverage industries will generate profitable opportunities for the polyethylene furanoate in bottle segment for packaging applications in the same industry remains anticipated to propel its market in the coming years. Numerous end-users are engaged with this bottle manufacturing including plastic, glass, and others are contributing to the packaging sector on a large scale. Growing health concerns and a rise in awareness associated with the importance of safe drinking water for maintaining good health are expected to build productive openings for producers of bottled during the forecast period. Significant growth in population, in the Asia-Pacific, will support the regional growth in the market during the forecast period. Moreover, greater transparency, flexibility, and inexpensive as compared to others is helping the global market to grow with the increased application by numerous industries.Polyethylene Furanoate (PEF) Market Regional Insights:
Regionally, the Asia-Pacific region records as the fastest growing market for polyethylene furanoate (PEF) market. Factors to boost the polyethylene furanoate owing to the increasing application of packaging conditions have been driving the polyethylene furanoate requirements in the Asia Pacific region. Asia Pacific has registered a lucrative growth in 2022 at an estimated CAGR of 5% with a calculated market share of 45% and the size expected to get stretched by 2029. Besides that, development in pharmaceutical infrastructure and pharmaceutical product manufacturing industries across the region is going to broaden the packaging segment in the region and is considered as another factor to boost the market demand in APAC. Secondly, Europe is anticipated to witness the fastest market growth after APAC during the forecast period. Advancement technology method of manufacturing with industrialization in this region, expected to register strong place for the growth of the flexible PVC market in the European region. The objective of the report is to present a comprehensive analysis of the Global Polyethylene Furanoate (PEF) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Polyethylene Furanoate (PEF) Market dynamics, structure by analysing the market segments and project the Global Polyethylene Furanoate (PEF) Market size. Clear representation of competitive analysis of key players by End-user, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Polyethylene Furanoate (PEF) Market make the report investor’s guide.Polyethylene Furanoate (PEF) Market Scope: Inquire before buying
Polyethylene Furanoate (PEF) Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 32.77 Mn. Forecast Period 2023 to 2029 CAGR: 6.4% Market Size in 2029: US $ 50.59 Mn. Segments Covered: by Type Plant-Based Bio-based by Application Packaging Product Bottles Films Fibers Polyethylene Furanoate (PEF) Market by Region:
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Polyethylene Furanoate (PEF) Market Key Players:
1. Avantium 2. Toyo Seikan Kaisha 3. ALPLA 4. Danone 5. Swire Pacific 6. AVA Biochem 7. TOYOBO 8. Corbion 9. Mitsui & CO., LTD 10. Tereos 11. Synvina 12. Swicofil AG 13. Toray Industries 14. Gevo 15. WIFAG-Polytype Frequently Asked Questions: 1. Which region has the largest share in Global Polyethylene Furanoate (PEF) Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Polyethylene Furanoate (PEF) Market? Ans: The Global Polyethylene Furanoate (PEF) Market is expected to grow at a CAGR of 6.40% during forecast period 2023-2029. 3. What is scope of the Global Polyethylene Furanoate (PEF) market report? Ans: Global Polyethylene Furanoate (PEF) Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Polyethylene Furanoate (PEF) market? Ans: The important key players in the Global Polyethylene Furanoate (PEF) Market are – Toyo Seikan Kaisha, ALPLA, Danone, Swire Pacific, AVA Biochem, TOYOBO, Corbion, Mitsui & CO., LTD, Tereos, Synvina, Swicofil AG, Toray Industries, Gevo, and WIFAG-Polytype 5. What is the study period of this market? Ans: The Global Polyethylene Furanoate (PEF) Market is studied from 2022 to 2029.
Global Polyethylene Furanoate (PEF) Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Polyethylene Furanoate (PEF) Market Size, by Market Value (US$ Bn) and Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Polyethylene Furanoate (PEF) Market Analysis and Forecast 6.1. Global Polyethylene Furanoate (PEF) Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Polyethylene Furanoate (PEF) Market Analysis and Forecast, By Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Polyethylene Furanoate (PEF) Market Value Share Analysis, By Type 7.4. Global Polyethylene Furanoate (PEF) Market Size (US$ Bn) Forecast, By Type 7.5. Global Polyethylene Furanoate (PEF) Market Analysis, By Type 7.6. Global Polyethylene Furanoate (PEF) Market Attractiveness Analysis, By Type 8. Global Polyethylene Furanoate (PEF) Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Polyethylene Furanoate (PEF) Market Value Share Analysis, By Application 8.4. Global Polyethylene Furanoate (PEF) Market Size (US$ Bn) Forecast, By Application 8.5. Global Polyethylene Furanoate (PEF) Market Analysis, By Application 8.6. Global Polyethylene Furanoate (PEF) Market Attractiveness Analysis, By Application 9. Global Polyethylene Furanoate (PEF) Market Analysis, by Region 9.1. Global Polyethylene Furanoate (PEF) Market Value Share Analysis, by Region 9.2. Global Polyethylene Furanoate (PEF) Market Size (US$ Bn) Forecast, by Region 9.3. Global Polyethylene Furanoate (PEF) Market Attractiveness Analysis, by Region 10. North America Polyethylene Furanoate (PEF) Market Analysis 10.1. Key Findings 10.2. North America Polyethylene Furanoate (PEF) Market Overview 10.3. North America Polyethylene Furanoate (PEF) Market Value Share Analysis, By Type 10.4. North America Polyethylene Furanoate (PEF) Market Forecast, By Type 10.4.1. Plant-Based 10.4.2. Bio-based 10.5. North America Polyethylene Furanoate (PEF) Market Value Share Analysis, By Application 10.6. North America Polyethylene Furanoate (PEF) Market Forecast, By Application 10.6.1. Packaging Product 10.6.2. Bottles 10.6.3. Films 10.6.4. Fibers 10.7. North America Polyethylene Furanoate (PEF) Market Value Share Analysis, by Country 10.8. North America Polyethylene Furanoate (PEF) Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Polyethylene Furanoate (PEF) Market Analysis, by Country 10.10. U.S. Polyethylene Furanoate (PEF) Market Forecast, By Type 10.10.1. Plant-Based 10.10.2. Bio-based 10.11. U.S. Polyethylene Furanoate (PEF) Market Forecast, By Application 10.11.1. Packaging Product 10.11.2. Bottles 10.11.3. Films 10.11.4. Fibers 10.12. Canada Polyethylene Furanoate (PEF) Market Forecast, By Type 10.12.1. Plant-Based 10.12.2. Bio-based 10.13. Canada Polyethylene Furanoate (PEF) Market Forecast, By Application 10.13.1. Packaging Product 10.13.2. Bottles 10.13.3. Films 10.13.4. Fibers 10.14. North America Polyethylene Furanoate (PEF) Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Polyethylene Furanoate (PEF) Market Analysis 11.1. Key Findings 11.2. Europe Polyethylene Furanoate (PEF) Market Overview 11.3. Europe Polyethylene Furanoate (PEF) Market Value Share Analysis, By Type 11.4. Europe Polyethylene Furanoate (PEF) Market Forecast, By Type 11.4.1. Plant-Based 11.4.2. Bio-based 11.5. Europe Polyethylene Furanoate (PEF) Market Value Share Analysis, By Application 11.6. Europe Polyethylene Furanoate (PEF) Market Forecast, By Application 11.6.1. Packaging Product 11.6.2. Bottles 11.6.3. Films 11.6.4. Fibers 11.7. Europe Polyethylene Furanoate (PEF) Market Value Share Analysis, by Country 11.8. Europe Polyethylene Furanoate (PEF) Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Polyethylene Furanoate (PEF) Market Analysis, by Country 11.10. Germany Polyethylene Furanoate (PEF) Market Forecast, By Type 11.10.1. Plant-Based 11.10.2. Bio-based 11.11. Germany Polyethylene Furanoate (PEF) Market Forecast, By Application 11.11.1. Packaging Product 11.11.2. Bottles 11.11.3. Films 11.11.4. Fibers 11.12. U.K. Polyethylene Furanoate (PEF) Market Forecast, By Type 11.12.1. Plant-Based 11.12.2. Bio-based 11.13. U.K. Polyethylene Furanoate (PEF) Market Forecast, By Application 11.13.1. Packaging Product 11.13.2. Bottles 11.13.3. Films 11.13.4. Fibers 11.14. France Polyethylene Furanoate (PEF) Market Forecast, By Type 11.14.1. Plant-Based 11.14.2. Bio-based 11.15. France Polyethylene Furanoate (PEF) Market Forecast, By Application 11.15.1. Packaging Product 11.15.2. Bottles 11.15.3. Films 11.15.4. Fibers 11.16. Italy Polyethylene Furanoate (PEF) Market Forecast, By Type 11.16.1. Plant-Based 11.16.2. Bio-based 11.17. Italy Polyethylene Furanoate (PEF) Market Forecast, By Application 11.17.1. Packaging Product 11.17.2. Bottles 11.17.3. Films 11.17.4. Fibers 11.18. Spain Polyethylene Furanoate (PEF) Market Forecast, By Type 11.18.1. Plant-Based 11.18.2. Bio-based 11.19. Spain Polyethylene Furanoate (PEF) Market Forecast, By Application 11.19.1. Packaging Product 11.19.2. Bottles 11.19.3. Films 11.19.4. Fibers 11.20. Rest of Europe Polyethylene Furanoate (PEF) Market Forecast, By Type 11.20.1. Plant-Based 11.20.2. Bio-based 11.21. Rest of Europe Polyethylene Furanoate (PEF) Market Forecast, By Application 11.21.1. Packaging Product 11.21.2. Bottles 11.21.3. Films 11.21.4. Fibers 11.22. Europe Polyethylene Furanoate (PEF) Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trend 11.25. Key Development 12. Asia Pacific Polyethylene Furanoate (PEF) Market Analysis 12.1. Key Findings 12.2. Asia Pacific Polyethylene Furanoate (PEF) Market Overview 12.3. Asia Pacific Polyethylene Furanoate (PEF) Market Value Share Analysis, By Type 12.4. Asia Pacific Polyethylene Furanoate (PEF) Market Forecast, By Type 12.4.1. Plant-Based 12.4.2. Bio-based 12.5. Asia Pacific Polyethylene Furanoate (PEF) Market Value Share Analysis, By Application 12.6. Asia Pacific Polyethylene Furanoate (PEF) Market Forecast, By Application 12.6.1. Packaging Product 12.6.2. Bottles 12.6.3. Films 12.6.4. Fibers 12.7. Asia Pacific Polyethylene Furanoate (PEF) Market Value Share Analysis, by Country 12.8. Asia Pacific Polyethylene Furanoate (PEF) Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Polyethylene Furanoate (PEF) Market Analysis, by Country 12.10. China Polyethylene Furanoate (PEF) Market Forecast, By Type 12.10.1. Plant-Based 12.10.2. Bio-based 12.11. China Polyethylene Furanoate (PEF) Market Forecast, By Application 12.11.1. Packaging Product 12.11.2. Bottles 12.11.3. Films 12.11.4. Fibers 12.12. India Polyethylene Furanoate (PEF) Market Forecast, By Type 12.12.1. Plant-Based 12.12.2. Bio-based 12.13. India Polyethylene Furanoate (PEF) Market Forecast, By Application 12.13.1. Packaging Product 12.13.2. Bottles 12.13.3. Films 12.13.4. Fibers 12.14. Japan Polyethylene Furanoate (PEF) Market Forecast, By Type 12.14.1. Plant-Based 12.14.2. Bio-based 12.15. Japan Polyethylene Furanoate (PEF) Market Forecast, By Application 12.15.1. Packaging Product 12.15.2. Bottles 12.15.3. Films 12.15.4. Fibers 12.16. ASEAN Polyethylene Furanoate (PEF) Market Forecast, By Type 12.16.1. Plant-Based 12.16.2. Bio-based 12.17. ASEAN Polyethylene Furanoate (PEF) Market Forecast, By Application 12.17.1. Packaging Product 12.17.2. Bottles 12.17.3. Films 12.17.4. Fibers 12.18. Rest of Asia Pacific Polyethylene Furanoate (PEF) Market Forecast, By Type 12.18.1. Plant-Based 12.18.2. Bio-based 12.19. Rest of Asia Pacific Polyethylene Furanoate (PEF) Market Forecast, By Application 12.19.1. Packaging Product 12.19.2. Bottles 12.19.3. Films 12.19.4. Fibers 12.20. Asia Pacific Polyethylene Furanoate (PEF) Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa Polyethylene Furanoate (PEF) Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Polyethylene Furanoate (PEF) Market Overview 13.3. Middle East & Africa Polyethylene Furanoate (PEF) Market Value Share Analysis, By Type 13.4. Middle East & Africa Polyethylene Furanoate (PEF) Market Forecast, By Type 13.4.1. Plant-Based 13.4.2. Bio-based 13.5. Middle East & Africa Polyethylene Furanoate (PEF) Market Value Share Analysis, By Application 13.6. Middle East & Africa Polyethylene Furanoate (PEF) Market Forecast, By Application 13.6.1. Packaging Product 13.6.2. Bottles 13.6.3. Films 13.6.4. Fibers 13.7. Middle East & Africa Polyethylene Furanoate (PEF) Market Value Share Analysis, by Country 13.8. Middle East & Africa Polyethylene Furanoate (PEF) Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Polyethylene Furanoate (PEF) Market Analysis, by Country 13.10. GCC Polyethylene Furanoate (PEF) Market Forecast, By Type 13.10.1. Plant-Based 13.10.2. Bio-based 13.11. GCC Polyethylene Furanoate (PEF) Market Forecast, By Application 13.11.1. Packaging Product 13.11.2. Bottles 13.11.3. Films 13.11.4. Fibers 13.12. South Africa Polyethylene Furanoate (PEF) Market Forecast, By Type 13.12.1. Plant-Based 13.12.2. Bio-based 13.13. South Africa Polyethylene Furanoate (PEF) Market Forecast, By Application 13.13.1. Packaging Product 13.13.2. Bottles 13.13.3. Films 13.13.4. Fibers 13.14. Rest of Middle East & Africa Polyethylene Furanoate (PEF) Market Forecast, By Type 13.14.1. Plant-Based 13.14.2. Bio-based 13.15. Rest of Middle East & Africa Polyethylene Furanoate (PEF) Market Forecast, By Application 13.15.1. Packaging Product 13.15.2. Bottles 13.15.3. Films 13.15.4. Fibers 13.16. Middle East & Africa Polyethylene Furanoate (PEF) Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Polyethylene Furanoate (PEF) Market Analysis 14.1. Key Findings 14.2. South America Polyethylene Furanoate (PEF) Market Overview 14.3. South America Polyethylene Furanoate (PEF) Market Value Share Analysis, By Type 14.4. South America Polyethylene Furanoate (PEF) Market Forecast, By Type 14.4.1. Plant-Based 14.4.2. Bio-based 14.5. South America Polyethylene Furanoate (PEF) Market Value Share Analysis, By Application 14.6. South America Polyethylene Furanoate (PEF) Market Forecast, By Application 14.6.1. Packaging Product 14.6.2. Bottles 14.6.3. Films 14.6.4. Fibers 14.7. South America Polyethylene Furanoate (PEF) Market Value Share Analysis, by Country 14.8. South America Polyethylene Furanoate (PEF) Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Polyethylene Furanoate (PEF) Market Forecast, By Type 14.9.1. Plant-Based 14.9.2. Bio-based 14.10. Brazil Polyethylene Furanoate (PEF) Market Forecast, By Application 14.10.1. Packaging Product 14.10.2. Bottles 14.10.3. Films 14.10.4. Fibers 14.11. Mexico Polyethylene Furanoate (PEF) Market Forecast, By Type 14.11.1. Plant-Based 14.11.2. Bio-based 14.12. Mexico Polyethylene Furanoate (PEF) Market Forecast, By Application 14.12.1. Packaging Product 14.12.2. Bottles 14.12.3. Films 14.12.4. Fibers 14.13. Rest of South America Polyethylene Furanoate (PEF) Market Forecast, By Type 14.13.1. Plant-Based 14.13.2. Bio-based 14.14. Rest of South America Polyethylene Furanoate (PEF) Market Forecast, By Application 14.14.1. Packaging Product 14.14.2. Bottles 14.14.3. Films 14.14.4. Fibers 14.15. South America Polyethylene Furanoate (PEF) Market Attractiveness Analysis 14.15.1. By Type 14.15.2. By Application 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.4. M&A by Regions, Investment and Applications 15.2.5. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Avantium 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprin 15.3.2. Toyo Seikan Kaisha 15.3.3. ALPLA 15.3.4. Danone 15.3.5. Swire Pacific 15.3.6. AVA Biochem 15.3.7. TOYOBO 15.3.8. Corbion 15.3.9. Mitsui & CO., LTD 15.3.10. Tereos 15.3.11. Synvina 15.3.12. Swicofil AG 15.3.13. Toray Industries 15.3.14. Gevo 15.3.15. WIFAG-Polytype 16.Primary Key Insights