Polyethylene furanoate Market Scope and Size by 2031
Polyethylene Furanoate (PEF) is commonly referred to as next-generation polyester. Polyethylene furanoate is a 100% bio-based, recyclable polymer made using plant-derived renewable raw materials (sugar). Polyethylene furanoate offers a number of benefits such as superior barrier efficiency, high glass transition temperature, and lower melting point, and polyethylene furanoate is recyclable and thus has a reduced carbon footprint. It is capable of replacing polyethylene terephthalate (PET).
MARKET DYNAMICS
The increasing use of polyethylene furanoate in the packaging industry, coupled with the rapidly rising food & beverage sector, is one of the significant factors driving the market growth. The increase in the use of polyethylene furanoate is likely to lead to the potential resolution of environmental concerns. PEF comprises approximately 70% of monoethylene glycol and 30% of bioderived furandicarboxylic acid (FDCA). Owing to its relatively high biodegradability, it is now recognized as the best alternative available for use in sustainable packaging over the estimated period, making it more biodegradable and less harmful to the environment compared to oil-based PET. Furthermore, at present, polyethylene furanoate is commonly used in the textile industry to manufacture bio-based fibers. This is expected to increase the use of polyethylene furanoate. However, the existence of PEF alternatives such as bio-based PET is likely to impede market growth in the future. However, R&D specialists concentrate on manufacturing and selling polyethylene furanoate-based bottles, which is further estimated to provide new opportunities for growth in the industry.
MARKET SCOPE
The "Global Polyethylene Furanoate Market Analysis to 2031" is a specialized and in-depth study of the Chemical and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polyethylene furanoate market with detailed market segmentation by type, application, and geography. The global polyethylene furanoate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyethylene furanoate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polyethylene furanoate market is segmented on the basis of type and application. On the basis of type the global polyethylene furanoate market is segmented into plant- based and bio- based. Based on application the global polyethylene furanoate market is segmented into bottles, fibers, and films.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyethylene furanoate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polyethylene furanoate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyethylene furanoate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polyethylene furanoate market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyethylene furanoate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polyethylene furanoate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyethylene furanoate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polyethylene furanoate market in these regions.
MARKET PLAYERS
The reports cover key developments in the polyethylene furanoate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polyethylene furanoate market are anticipated to lucrative growth opportunities in the future with the rising demand for polyethylene furanoate in the global market. Below mentioned is the list of few companies engaged in the polyethylene furanoate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyethylene furanoate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Avantium Technologies B.V.
- Danone S.A.
- Toyobo Co., Ltd.
- Swire Pacific
- The Coca-Cola Company
- ALPLA Werke Alwin Lehner GmbH & Co KG
- Mitsui & Co., Ltd.
- WIFAG-Polytype Holding AG
- Gevo, Inc.
- Toray Industries Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Polyethylene Furanoate - By Type
1.3.2 Polyethylene Furanoate - By Application
1.3.3 Polyethylene Furanoate - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. POLYETHYLENE FURANOATE LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. POLYETHYLENE FURANOATE - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. POLYETHYLENE FURANOATE - GLOBAL MARKET ANALYSIS
6.1. POLYETHYLENE FURANOATE - GLOBAL MARKET OVERVIEW
6.2. POLYETHYLENE FURANOATE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. POLYETHYLENE FURANOATE - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PLANT- BASED
7.3.1. Overview
7.3.2. plant- based Market Forecast and Analysis
7.4. BIO- BASED
7.4.1. Overview
7.4.2. bio- based Market Forecast and Analysis
8. POLYETHYLENE FURANOATE - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BOTTLES
8.3.1. Overview
8.3.2. bottles Market Forecast and Analysis
8.4. FIBERS
8.4.1. Overview
8.4.2. fibers Market Forecast and Analysis
8.5. FILMS
8.5.1. Overview
8.5.2. films Market Forecast and Analysis
9. POLYETHYLENE FURANOATE REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Polyethylene Furanoate Overview
9.1.2 North America Polyethylene Furanoate Forecasts and Analysis
9.1.3 North America Polyethylene Furanoate Forecasts and Analysis - By Type
9.1.4 North America Polyethylene Furanoate Forecasts and Analysis - By Application
9.1.5 North America Polyethylene Furanoate Forecasts and Analysis - By Countries
9.1.5.1 United States Polyethylene Furanoate
9.1.5.1.1 United States Polyethylene Furanoate by Type
9.1.5.1.2 United States Polyethylene Furanoate by Application
9.1.5.2 Canada Polyethylene Furanoate
9.1.5.2.1 Canada Polyethylene Furanoate by Type
9.1.5.2.2 Canada Polyethylene Furanoate by Application
9.1.5.3 Mexico Polyethylene Furanoate
9.1.5.3.1 Mexico Polyethylene Furanoate by Type
9.1.5.3.2 Mexico Polyethylene Furanoate by Application
9.2. EUROPE
9.2.1 Europe Polyethylene Furanoate Overview
9.2.2 Europe Polyethylene Furanoate Forecasts and Analysis
9.2.3 Europe Polyethylene Furanoate Forecasts and Analysis - By Type
9.2.4 Europe Polyethylene Furanoate Forecasts and Analysis - By Application
9.2.5 Europe Polyethylene Furanoate Forecasts and Analysis - By Countries
9.2.5.1 Germany Polyethylene Furanoate
9.2.5.1.1 Germany Polyethylene Furanoate by Type
9.2.5.1.2 Germany Polyethylene Furanoate by Application
9.2.5.2 France Polyethylene Furanoate
9.2.5.2.1 France Polyethylene Furanoate by Type
9.2.5.2.2 France Polyethylene Furanoate by Application
9.2.5.3 Italy Polyethylene Furanoate
9.2.5.3.1 Italy Polyethylene Furanoate by Type
9.2.5.3.2 Italy Polyethylene Furanoate by Application
9.2.5.4 United Kingdom Polyethylene Furanoate
9.2.5.4.1 United Kingdom Polyethylene Furanoate by Type
9.2.5.4.2 United Kingdom Polyethylene Furanoate by Application
9.2.5.5 Russia Polyethylene Furanoate
9.2.5.5.1 Russia Polyethylene Furanoate by Type
9.2.5.5.2 Russia Polyethylene Furanoate by Application
9.2.5.6 Rest of Europe Polyethylene Furanoate
9.2.5.6.1 Rest of Europe Polyethylene Furanoate by Type
9.2.5.6.2 Rest of Europe Polyethylene Furanoate by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Polyethylene Furanoate Overview
9.3.2 Asia-Pacific Polyethylene Furanoate Forecasts and Analysis
9.3.3 Asia-Pacific Polyethylene Furanoate Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Polyethylene Furanoate Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Polyethylene Furanoate Forecasts and Analysis - By Countries
9.3.5.1 Australia Polyethylene Furanoate
9.3.5.1.1 Australia Polyethylene Furanoate by Type
9.3.5.1.2 Australia Polyethylene Furanoate by Application
9.3.5.2 China Polyethylene Furanoate
9.3.5.2.1 China Polyethylene Furanoate by Type
9.3.5.2.2 China Polyethylene Furanoate by Application
9.3.5.3 India Polyethylene Furanoate
9.3.5.3.1 India Polyethylene Furanoate by Type
9.3.5.3.2 India Polyethylene Furanoate by Application
9.3.5.4 Japan Polyethylene Furanoate
9.3.5.4.1 Japan Polyethylene Furanoate by Type
9.3.5.4.2 Japan Polyethylene Furanoate by Application
9.3.5.5 South Korea Polyethylene Furanoate
9.3.5.5.1 South Korea Polyethylene Furanoate by Type
9.3.5.5.2 South Korea Polyethylene Furanoate by Application
9.3.5.6 Rest of Asia-Pacific Polyethylene Furanoate
9.3.5.6.1 Rest of Asia-Pacific Polyethylene Furanoate by Type
9.3.5.6.2 Rest of Asia-Pacific Polyethylene Furanoate by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Polyethylene Furanoate Overview
9.4.2 Middle East and Africa Polyethylene Furanoate Forecasts and Analysis
9.4.3 Middle East and Africa Polyethylene Furanoate Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Polyethylene Furanoate Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Polyethylene Furanoate Forecasts and Analysis - By Countries
9.4.5.1 South Africa Polyethylene Furanoate
9.4.5.1.1 South Africa Polyethylene Furanoate by Type
9.4.5.1.2 South Africa Polyethylene Furanoate by Application
9.4.5.2 Saudi Arabia Polyethylene Furanoate
9.4.5.2.1 Saudi Arabia Polyethylene Furanoate by Type
9.4.5.2.2 Saudi Arabia Polyethylene Furanoate by Application
9.4.5.3 U.A.E Polyethylene Furanoate
9.4.5.3.1 U.A.E Polyethylene Furanoate by Type
9.4.5.3.2 U.A.E Polyethylene Furanoate by Application
9.4.5.4 Rest of Middle East and Africa Polyethylene Furanoate
9.4.5.4.1 Rest of Middle East and Africa Polyethylene Furanoate by Type
9.4.5.4.2 Rest of Middle East and Africa Polyethylene Furanoate by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Polyethylene Furanoate Overview
9.5.2 South and Central America Polyethylene Furanoate Forecasts and Analysis
9.5.3 South and Central America Polyethylene Furanoate Forecasts and Analysis - By Type
9.5.4 South and Central America Polyethylene Furanoate Forecasts and Analysis - By Application
9.5.5 South and Central America Polyethylene Furanoate Forecasts and Analysis - By Countries
9.5.5.1 Brazil Polyethylene Furanoate
9.5.5.1.1 Brazil Polyethylene Furanoate by Type
9.5.5.1.2 Brazil Polyethylene Furanoate by Application
9.5.5.2 Argentina Polyethylene Furanoate
9.5.5.2.1 Argentina Polyethylene Furanoate by Type
9.5.5.2.2 Argentina Polyethylene Furanoate by Application
9.5.5.3 Rest of South and Central America Polyethylene Furanoate
9.5.5.3.1 Rest of South and Central America Polyethylene Furanoate by Type
9.5.5.3.2 Rest of South and Central America Polyethylene Furanoate by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. POLYETHYLENE FURANOATE, KEY COMPANY PROFILES
11.1. ALPLA WERKE ALWIN LEHNER GMBH AND CO KG
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AVANTIUM TECHNOLOGIES B.V.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DANONE S.A.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GEVO, INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MITSUI AND CO., LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SWIRE PACIFIC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. THE COCA-COLA COMPANY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TORAY INDUSTRIES INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TOYOBO CO., LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WIFAG-POLYTYPE HOLDING AG
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ALPLA Werke Alwin Lehner GmbH and Co KG
2. Avantium Technologies B.V.
3. Danone S.A.
4. Gevo, Inc.
5. Mitsui and Co., Ltd.
6. Swire Pacific
7. The Coca-Cola Company
8. Toray Industries Inc.
9. Toyobo Co., Ltd.
10. WIFAG-Polytype Holding AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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