Market Insights
Bio Polyethylene Terephthalate is a plastic which is usually based on 30% renewable raw material and 70% oil-based raw material and is frequently utilized in the packaging sector. Consumer awareness of biomass-derived products is growing, and the EU's stringent government regulations to encourage environmentally friendly products are likely to drive the bio-based PET market during the forecast period. Overall, the bio polyethylene terephthalate market is estimated to grow at a whopping CAGR of 12.5% during the forecast period.
Segment Analysis
Based on the application type, the market is bifurcated into consumer goods, technical, bottles, and other packaging. Bottles are expected to account for the major share of the market owing to growing food and beverage consumption in emerging economies, as well as corporate initiatives to promote green technology, fuelling the segment growth over the forecast period. Technical application, on the other hand, is likely to witness significant growth due to its light weight and high shatter resistance, positively influencing the manufacturing of exterior and interior technical parts.
In terms of regions, North America is estimated to witness significant growth in the market with The U.S. being the major growth engine of the region. Growing demand for green packaging and new technological innovations are likely to accelerate the regional market growth during the forecast period. Asia-Pacific, led by Japan, India, and China, is expected to hold a significant share of the market due to rising consumption of alcoholic beverages and fizzy soft drinks in the region.
Key Players
The following are some of the key players in the bio polyethylene terephthalate market:
- M&G Chemicals S.A.
- Plastipak Holdings Inc.
- Teijin Limited
- The Coca-Cola Company
- Toray Industries, Inc.
- Toyota Tsusho Corporation.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s bio polyethylene terephthalate market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The bio polyethylene terephthalate market is segmented into the following categories:
Bio Polyethylene Terephthalate Market, by Application Type
- Consumer Goods (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Technical (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Bottles (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Other Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Bio Polyethylene Terephthalate Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com
