A recent market study on the Polyethylene Furanoate market applies both primary and secondary research techniques to identify new opportunities for development for the Polyethylene Furanoate market for the forecast period, 2020 -2027. The research further screens and analyses data on the market share, growth rate and size to enable stakeholders, product owners and field marketing executives identify the low-hanging fruits and reap a significant return on their investment. Importantly, the data on the current business environment of the Polyethylene Furanoate market proves a boon for companies trying to identify next leg for growth.
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Key companies of the global market landscape include Avantium Technologies B.V., Toyobo Co., Ltd., Sulzer ChemTech., Swicofil AG, Corbion, and Biochem AG, among others.
The films produced from PEF materials have a pleasing odor and enhanced gas barrier attributes. These films have the capability to be a replacement for various plastic resins in packaging applications. This feature is presumed to stimulate the need for PEF materials over the next years, thereby propelling the industry growth.
The North American market commanded the global market in revenue contribution and is estimated to retain its top place during the projected timeframe. This can be attributed to the soaring intake and the need for soft drinks across the region. The European market is also forecast to gain traction during the time owing to the emergence of stringent environmental regulations and escalating need for sustainable products.
Market Size – USD 34.6 Million in 2019, Market Growth – CAGR of 17.8%, Market Trends – Increasing preference for PEF materials in the manufacturing of bottles
Application Outlook (Revenue, USD Billion; 2017-2027)
- Fibers
- Films
- Bottles
- Others
Market Taxonomy:
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2:
Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3:
Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
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