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).
Scope of the Report:This report focuses on the Bio based PET in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
The worldwide market for Bio based PET is expected to grow at a CAGR of roughly 9.8% over the next five years, will reach 7980 million US$ in 2023, from 5000 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers H.J. Heinz
Ford Motor
Coca-Cola
Toyota Tsusho
Toray Industries
M& G Chemicals
Braskem
Novamont
Avantium Technologies
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Bottles
Bags
3D Printing
Cosmetic Containers
Market Segment by Applications, can be divided into Packaging Industry
Automotive Industry
Electronics Industry
Textile Industry
There are 15 Chapters to deeply display the global Bio based PET market.
Chapter 1, to describe Bio based PET Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Bio based PET, with sales, revenue, and price of Bio based PET, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Bio based PET, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Bio based PET market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025;
Chapter 13, 14 and 15, to describe Bio based PET sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
