Abstract, Snapshot, Market Analysis & Market Definition: Bio-based PET Market
Bio-based PET is basically composed of monoethylene glycol (MEG) and terephthalic acid (PTA) and is biodegradable. It is widely used in the production of a variety of packaging solutions, mainly used in the food and beverage industry and the automotive industry. It also has numerous applications in making bottles, packaged goods, car interiors and building materials. The emergence of biodegradable bioplastics in manufacturing and packaging solutions has provided a strong impetus for the development of the bio-based PET market. An increasing number of eco-friendly products tend to use bio-friendly products among consumers around the world, as well as strict environmental regulations that promote the use of environmentally friendly products in all industries, leading to a strong demand for Bio-based PET materials. For the production and consumption of Bio-based PET, the global consumption distribution is mainly focused in the areas of Asia-Pacific, which is expected to take up about 41.42% of the market share in 2018. The top three companies in the industry are Toray Industries, Plastipak Holdings, and Teijin, which account for nearly 30% of the market share. The industry is a monopolistic competitive market. Bio-based PET is used in Packaging Industry, Automotive Industry, Electronics Industry, Textile Industry, etc. In 2018, Packaging Industry accounted for a major share of 67.67% the global Bio-based PET market, the revenue of this segment is 578.03 million USD in 2018. In 2019, the market size of Bio-based PET is 1591 million US$ and it will reach 2857.8 million US$ in 2025, growing at a CAGR of 8.8% 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.
Market Segmentation, Outlook & Regional Insights: Bio-based PET Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Bio-based PET Bottles
Bio-based PET Fibers
Bio-based PET Films
OthersBio-based PET Bottles have largest market share about 66%.
Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:
Packaging Industry
Automotive Industry
Electronics Industry
Textile Industry
OthersBio-based PET is most used in the packaging industry, at nearly 70%.
Key Players, Recent Developments & Sector Viewpoints: Bio-based PET Market
Toray Industries
Plastipak Holdings
Indorama Ventures
Teijin
Anellotech
Far Eastern New Century
Toyota Tsusho
Coca-Cola
Key Insights Covered: Exhaustive Bio-based PET Market
1. Market size (sales, revenue and growth rate) of Bio-based PET industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Bio-based PET industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Bio-based PET industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Bio-based PET industry.
Research Methodology: Bio-based PET Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.