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Bio-PET Market Insights, Business Overview, New Opportunities & Manufacturers Exxon Mobil, Ineos, SCG Chemicals
Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
A new research report is published by HTF Market Intelligence on 'Global Bio-PET Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with 110 pages. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Teijin (Japan), Arkema (France) , Toray Industries (Japan), Exxon Mobil (United States), Ineos (United Kingdom) etc.
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Scope of the Study
Bio-PET (Polyethylene Terephthalate) is referred as the plastic substance which is made up of sustainable raw materials which are less harmful than PET bottles made of raw materials derived from crude oil. Due to the harmful effects of it, many people from developed nations are giving up the consumption of plastic bottles that are difficult to recycle. The market study is being classified by Type (Dimethyl Terephthalate Process and Terephthalic Acid Process), by Application (Packaging , Furniture , Automotive , Consumer Goods and Bottles) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .
The Coca-Cola Company signed an agreement with Avantium for the development of PEF, which has high glass transition temperature and thermal stability as compared to bio-based PET which will competitively hamper the market of Bio-PET
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Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on "Global Bio-PET Market by Type (Dimethyl Terephthalate Process and Terephthalic Acid Process), by End-Users/Application (Packaging , Furniture , Automotive , Consumer Goods and Bottles), Organization Size, Industry, and Region - Forecast to 2023". Early buyers will receive 10% customization on comprehensive study.
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Bio-PET in these regions, from 2013 to 2023 (forecast), covering South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .
Teijin (Japan) , Arkema (France) , Toray Industries (Japan) , Exxon Mobil (United States) , Ineos (United Kingdom) , SCG Chemicals (Thailand) and Tianan Biologic Materials (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Toyota Tsusho Corporation (Japan) , Anellotec (United States) , Coca Cola Co. (United States) , Gevo Inc. (United States) , H.J. Heinz (United States) , Indorama Ventures (Thailand) , PepsiCo (United States) and Procter & Gamble (United States).
Demand from a global soft drink company like Coca-Cola and Pepsi Co.
Favorable government policies in developed economies
Growing problems regarding greenhouse gasses along with the emergence of bioplastics as an substitutes
Bio- PET is expanding its application in manufacturing automotive products and construction products over the next few years
Increased inclination toward the adoption of green plastics
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Scarcity of raw material
Issues in commercialization
Focus towards renewable sources , Rising demand for eco-friendly packaging in food & beverage and Government initiatives in different countries to promote the use of bio-based and biodegradable materials
The Canadian and U.S. government have adopted the Montreal Protocol for reducing greenhouse gas emissions and restricting the use of products causing global warming , Government has drafted some regulations regarding the reduction in greenhouse emissions are expected to favorably affect the Bio-PET market and Adoption of protocols such as Kyoto and Montreal in countries such as Japan, Canada and U.S. is expected to reduce dependency on products contributing towards carbon emissions
In February, 2018 Braskem has partnered with Haldor Topsoe for the production of Monoehtylene Glycol (MEG) from sugar. MEG is a key ingredient in production of PET and bio based MEG is used in the manufacture of bio-PET
Table of Contents
1 Market Overview
1.1 Bio-PET Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 Bio-PET Type and Applications
2.1.3 Bio-PET Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
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