Market Overview

Global Polyethylene Furanoate Market to 2025: Focus on Application, Market Share Analysis and Capacity Development - ResearchAndMarkets.com

Share:

The "Global
Polyethylene Furanoate Market: Focus on Application (Bottle, Film, and
Fiber), Market Share Analysis, and Capacity Development - Analysis and
Forecast, 2018-2025"
report has been added to ResearchAndMarkets.com's
offering.

The PEF market was valued $167.9 thousand in 2017 and is expected to
reach $129.3 million by 2025. The market in terms of value is expected
to grow at 31% from 2019 to 2025 after its commercialization.

Whereas, in 2017, the market in terms of volume was 40 tons, which is
expected to reach 81.9 kilotons by 2025. The market in terms of volume
is expected to grow at 50.7% from 2019 to 2025 after its
commercialization.

The backing of leading packaging companies for the development of the
PEF market and the development of PEF production at a commercial scale
are expected to help the market to grow.

The bottle application of PEF is expected to replace PET in large
volumes in the packaging industry. The development of PEF bottles has
been supported by leading consumers, such as Danone, Nestle S.A., Swire
Pacific Ltd., Toyo Seikan Co., Ltd., and The Coca Cola Company, further
driving the growth of PEF bottles.

Moreover, initiatives taken by leading chemical companies such as MITSUI
CO., LTD. and Avantium to promote PEF beverage bottles on a large scale
at major events such as the Tokyo Olympics in 2020 is expected to
further drive the growth of this application.

Market Dynamics

Drivers

  • Ongoing Quest to Decrease the Global Carbon Footprint
  • Downgauging Possibilities in Films and Bottles
  • Suitability for Bottles and Containers Requiring Better Barrier
    Properties

Restraints

  • Threat from Other Bio-Based Materials
  • Competing with an Existing Value Chain

Opportunities

  • Developing New Applications
  • Occupying Share in Global Packaging Market

Key Topics Covered

Executive Summary

1 Exponential Growth in PEF Production

2 Market Dynamics

3 Competitive Landscape

4 Industry Analysis

5 Competitive Analysis of PET vs. PEF

6 Global Polyethylene Furanoate Market (by Application)

7 Global PEF Market (by Region)

8 Company Profiles

  • ALPLA Werke Alwin Lehner GmbH & Co KG
  • AVA Biochem AG
  • Avantium
  • Corbion nv
  • Danone
  • MITSUI & CO., LTD.
  • Swire Pacific Ltd.
  • Synvina
  • Tereos
  • Toyo Seikan Co., Ltd.
  • Toyobo Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/k7ks3x/global?w=4

View Comments and Join the Discussion!