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Global Bio-Based Polyethylene Terephthalate (PET) Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032
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- Amyris
- Toyota Tsusho Corporation
- Novamont S.P.A
- Anellotech Inc.
- M&G Chemicals
- Biome Bioplastics
- Teijin Limited
- Braskem
- Daikin
- PTT Global Chemical Public Company Limited
- Gevo Inc.
- Indorama Ventures Public Company Limited
- Kuraray Co. Ltd.
- NatureWorks LLC
- Plastipak Holdings Inc.
- Solvay
- Toray Industries Inc.
- Total Energies
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The global demand for Bio-Based Polyethylene Terephthalate (PET) Market is presumed to reach the market size of nearly USD 13.85 Billion by 2032 from USD 5.29 Billion in 2023 with a CAGR of 11.29% under the study period 2024-2032.
Bio-based polyethylene terephthalate (PET) is a sustainable alternative to traditional PET, made from renewable biological resources instead of petroleum. It retains the same properties as conventional PET, such as strength, clarity, and recyclability, making it suitable for packaging, textiles, and automotive applications. Bio-based PET helps reduce reliance on fossil fuels and lowers carbon emissions, contributing to environmental sustainability. As consumers' high demand for eco-friendly products grows, bio-based PET is increasingly being adopted in various industries to enhance green credentials.
MARKET DYNAMICS
The bio-based polyethylene terephthalate (PET) market is witnessing significant growth, fuelled by the spurring consumer demand for sustainable and eco-friendly packaging solutions. As awareness about environmental issues and the negative impacts of traditional plastics grows, consumers and companies seek alternatives that reduce carbon footprints and environmental harm. Additionally, stringent government regulations and policies aimed at reducing plastic waste & promoting the use of biodegradable and recyclable materials are propelling the adoption of bio-based PET in various industries, particularly in food and beverage packaging. The advancement in bio-based PET production technologies, which improve the efficiency & scalability of manufacturing processes, also contributes to market growth by making these materials more cost-competitive with traditional plastics. Furthermore, major brands and retailers are increasingly committing to sustainability goals, including using renewable materials in their packaging, which drives the demand for bio-based PET. The compatibility of bio-based PET with existing recycling infrastructure further enhances its attractiveness, as it can be seamlessly integrated into current recycling systems, promoting a circular economy. As environmental concerns continue to shape consumer preferences & regulatory landscapes, the demand for bio-based polyethylene terephthalate (PET) is expected to rise, driving market expansion. However, high production costs and limited raw material availability may challenge the bio-based polyethylene terephthalate (PET) market growth in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Bio-Based Polyethylene Terephthalate (PET). The growth and trends of Bio-Based Polyethylene Terephthalate (PET) industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the Bio-Based Polyethylene Terephthalate (PET) market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Food & Beverages
- Consumer Goods
- Sheet & Films
By End-User
- Packaging
- Automotive
- Electrical & Electronics
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Bio-Based Polyethylene Terephthalate (PET) market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Bio-Based Polyethylene Terephthalate (PET) market include Amyris, Toyota Tsusho Corporation, Novamont S.P.A, Anellotech Inc., M&G Chemicals, Biome Bioplastics, Teijin Limited, Braskem, Daikin, PTT Global Chemical Public Company Limited, Gevo Inc., Indorama Ventures Public Company Limited, Kuraray Co. Ltd., NatureWorks LLC, Plastipak Holdings Inc., Solvay, Toray Industries Inc., Total Energies. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. BIO-BASED POLYETHYLENE TEREPHTHALATE (PET) - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Application
- 3.7.2 Market Attractiveness Analysis By End-User
- 3.7.3 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL BIO-BASED POLYETHYLENE TEREPHTHALATE (PET) MARKET ANALYSIS BY APPLICATION
- 5.1. Overview By Application
- 5.2. Historical and Forecast Data
- 5.3. Analysis By Application
- 5.4. Food & Beverages Historic and Forecast Sales By Regions
- 5.5. Consumer Goods Historic and Forecast Sales By Regions
- 5.6. Sheet & Films Historic and Forecast Sales By Regions
6. GLOBAL BIO-BASED POLYETHYLENE TEREPHTHALATE (PET) MARKET ANALYSIS BY END-USER
- 6.1. Overview By End-User
- 6.2. Historical and Forecast Data
- 6.3. Analysis By End-User
- 6.4. Packaging Historic and Forecast Sales By Regions
- 6.5. Automotive Historic and Forecast Sales By Regions
- 6.6. Electrical & Electronics Historic and Forecast Sales By Regions
7. GLOBAL BIO-BASED POLYETHYLENE TEREPHTHALATE (PET) MARKET ANALYSIS BY GEOGRAPHY
- 7.1. Regional Outlook
- 7.2. Introduction
- 7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
- 7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
- 7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
- 7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
- 7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis
8. COMPETITIVE LANDSCAPE OF THE BIO-BASED POLYETHYLENE TEREPHTHALATE (PET) COMPANIES
- 8.1. Bio-Based Polyethylene Terephthalate (PET) Market Competition
- 8.2. Partnership/Collaboration/Agreement
- 8.3. Merger And Acquisitions
- 8.4. New Product Launch
- 8.5. Other Developments
9. COMPANY PROFILES OF BIO-BASED POLYETHYLENE TEREPHTHALATE (PET) INDUSTRY
- 9.1. Top Companies Market Share Analysis
- 9.2. Market Concentration Rate
- 9.3. Amyris
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
- 9.4. Toyota Tsusho Corporation
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
- 9.5. Novamont S.P.A
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
- 9.6. Anellotech Inc.
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
- 9.7. M&G Chemicals
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments
- 9.8. Biome Bioplastics
- 9.8.1 Company Overview
- 9.8.2 Company Revenue
- 9.8.3 Products
- 9.8.4 Recent Developments
- 9.9. Teijin Limited
- 9.9.1 Company Overview
- 9.9.2 Company Revenue
- 9.9.3 Products
- 9.9.4 Recent Developments
- 9.10. Braskem
- 9.10.1 Company Overview
- 9.10.2 Company Revenue
- 9.10.3 Products
- 9.10.4 Recent Developments
- 9.11. Daikin
- 9.11.1 Company Overview
- 9.11.2 Company Revenue
- 9.11.3 Products
- 9.11.4 Recent Developments
- 9.12. PTT Global Chemical Public Company Limited
- 9.12.1 Company Overview
- 9.12.2 Company Revenue
- 9.12.3 Products
- 9.12.4 Recent Developments
- 9.13. Gevo Inc.
- 9.13.1 Company Overview
- 9.13.2 Company Revenue
- 9.13.3 Products
- 9.13.4 Recent Developments
- 9.14. Indorama Ventures Public Company Limited
- 9.14.1 Company Overview
- 9.14.2 Company Revenue
- 9.14.3 Products
- 9.14.4 Recent Developments
- 9.15. Kuraray Co. Ltd.
- 9.15.1 Company Overview
- 9.15.2 Company Revenue
- 9.15.3 Products
- 9.15.4 Recent Developments
- 9.16. NatureWorks LLC
- 9.16.1 Company Overview
- 9.16.2 Company Revenue
- 9.16.3 Products
- 9.16.4 Recent Developments
- 9.17. Plastipak Holdings Inc.
- 9.17.1 Company Overview
- 9.17.2 Company Revenue
- 9.17.3 Products
- 9.17.4 Recent Developments
- 9.18. Solvay
- 9.18.1 Company Overview
- 9.18.2 Company Revenue
- 9.18.3 Products
- 9.18.4 Recent Developments
- 9.19. Toray Industries Inc.
- 9.19.1 Company Overview
- 9.19.2 Company Revenue
- 9.19.3 Products
- 9.19.4 Recent Developments
- 9.20. Total Energies
- 9.20.1 Company Overview
- 9.20.2 Company Revenue
- 9.20.3 Products
- 9.20.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies