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Polyethylene Furanoate Market Outlook, Industry Demand and Supply, Key Prospects, Pricing Strategies, Forecast and Top Manufacturers Analysis Report

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Polyethylene Furanoate Market Outlook, Industry Demand and Supply, Key Prospects, Pricing Strategies, Forecast and Top Manufacturers Analysis Report

February 20
19:55 2021
The growth of the market is attributed to the increasing demand for sustainable packaging and the consumer friendly properties of PEF

Polyethylene Furanoate (PEF) is a bio-based polymer that is actively being adopted in many industries, including the automotive and packaging industry. The global PEF Market was valued at USD 34.6 Million in 2019 and is projected to expand at a CAGR of 17.8% to reach USD 120.1 Million by the end of 2027. 

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Polyethylene Furanoate Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold

Key participants include Avantium Technologies B.V., Toyobo Co., Ltd., Sulzer ChemTech., Corbion, Biochem AG, and Swicofil AG. among others.

Market Drivers

Government initiatives to promote eco-friendly packaging alternatives over thermoplastic polymer PET have given a significant hike to the demand for polyethylene furanoate products in the market. It is extracted from plants, making it completely recyclable, gaining traction from industries in the production of fibers, films, and water bottles. The superior thermal properties, ease in production using a reduced number of additives, and enhanced tensile strength have made it extremely popular in the carbonated drinks industry as the demand for compact bottle packs increases. The upsurge in demand for polymer products in the automotive sector also boosts revenue growth, reducing the import taxes on recyclable fibers. 

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Application Outlook (Revenue, USD Billion; 2017-2027)

  • Bottles
  • Films
  • Fibers
  • Others

Regional Analysis

North America was the leader in the PEF market occupying 41.8% of the market share. However, Europe is projected to be a competent shareholder in terms of consumption accrediting to the presence of stringent government regulations and rising awareness regarding sustainable packaging among the public. Due to the elevated demand for cost-efficient and bio-degradable packaging, Asia Pacific is estimated to be the fastest-growing market registering a CAGR of 9.5% through the forecast period.

The report classifies the global Polyethylene Furanoate market into various regions, including:

  • North America (U.S., Canada)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Polyethylene Furanoate Market Segmentation & Impact Analysis

    4.1. Polyethylene Furanoate Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growing demand for sustainable packaging

                    4.2.2.2. Consumer friendly properties of PEF as compared to biobased

          4.2.3. Market restraints analysis

                    4.2.3.1. Threat of substitutes namely bio-degradable PET material

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Polyethylene Furanoate Market By Application Insights & Trends, Revenue (USD Million)

    5.1. Application Dynamics & Market Share, 2019 & 2027

          5.1.1. Bottles

          5.1.2. Films

          5.1.3. Fibers

          5.1.4. Others

Chapter 6. Polyethylene Furanoate Market Regional Outlook

    6.1. Polyethylene Furanoate Market Share By Region, 2019 & 2027

    6.2. North America

          6.2.1. Market By Application, Estimates and Forecast, USD Million

                    6.2.1.1. Bottles

                    6.2.1.2. Films

                    6.2.1.3. Fibers

                    6.2.1.4. Others

          6.2.2. Market By Country, Estimates and Forecast, USD Million

                    6.2.2.1. US

                    6.2.2.2. Canada

                    6.2.2.3. Mexico

    6.3. Europe

          6.3.1. Market By Application, Estimates and Forecast, USD Million

                    6.3.1.1. Bottles

                    6.3.1.2. Films

                    6.3.1.3. Fibers

                    6.3.1.4. Others

          6.3.2. Market By Country, Estimates and Forecast, USD Million

                    6.3.2.1. Germany

                    6.3.2.2. UK

                    6.3.2.3. France

                    6.3.2.4. BENELUX

                    6.3.2.5. Rest of Europe

    6.4. Asia Pacific (APAC)

Continue…!

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