The Polyethylene Furanoate Market will be worth USD 120.1 million by 2027, according to a current analysis by Emergen Research. The growing demand for bio-based polymer products across multiple industries like automotive and packaging has been the primary driving factors propelling the market growth on a global scale. Additionally, the consumer as well as environment friendly features of PEF over bio-based PET is expected to stimulate the demand in the future.
The Global Polyethylene Furanoate Market research report is a detailed document outlining the recent advancements and developments in the Polyethylene Furanoate business sphere considering 2019 as the base year and 2020-2027 as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
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Segmental Analysis
The global Polyethylene Furanoate market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Polyethylene Furanoate sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Market Overview:
The research report on the Polyethylene Furanoate market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Polyethylene Furanoate business sphere.
Key participants include Avantium Technologies B.V., Toyobo Co., Ltd., Sulzer ChemTech., Corbion, Biochem AG, and Swicofil AG. among others.
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Key Highlights From The Report.
- In June 2019, the Netherlands based Avantium, commercialized its patented YXY branded technology of furanics. With the help of this strategy, the company is trying to produce technologically advanced green fuels in order to scale up the usage of PEF across all the major regions.
- The bottle segment is gaining a lot of traction over the recent past and is likely to register a progressive CAGR of 18.1% throughout the forecasted period. This is mainly because packaged drinking services are majorly shifting towards the adoption of PEF because of the friendly characteristics as well as the growing levels of awareness regarding the betterment of the environment.
- The films made using PEF material have potentially good odor and gas barrier properties. They have the capability to replace different kinds of plastic resins present in packaging applications. This is likely to stimulate the demand of PEF over the forthcoming years and boost its market growth over the forecasted years.
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For the purpose of this report, Emergen Research has segmented into the global Polyethylene Furanoate Market on the application and region:
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Bottles
- Films
- Fibers
- Others
- Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
- S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- North America
Radical Features of the Polyethylene Furanoate Market Report:
- The report encompasses Polyethylene Furanoate market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Polyethylene Furanoate industry
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