openPR Logo
Press release

Bio Based Polyethylene Terephthalate Market Analysis By Key Players - The Coca-Cola Company, M&G Chemicals, Danone, Toyota Tsusho, Plastipak Packaging, Inc., Toray Industries, PepsiCo

Bio Based Polyethylene Terephthalate Market

Bio Based Polyethylene Terephthalate Market

The professional and high quality report features in-depth market analysis on the global Bio Based Polyethylene Terephthalate industry. It initially provides an outlook of industry with the basic information such as definitions, application, classification, and technology etc.

Growing concerns towards GHG emissions coupled with bioplastics emergence as an alternative in packaging and automotive industry may stimulate global bio based PET market size.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/446

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

• Teijin Limited
• Toray Industries
• Coca Cola
• Toyota Tsusho
• Plastipak holdings
• M&G chemicals
• Gevo
• Anellotech
• Virent

Global biobased PET market size may generate USD 13.1 billion by 2023. Increasing importance of sustainable packaging, especially in China and India, may positively influence bio based polyethylene market size growth. Key Industry participants, The Coca-Cola Company and Toray, have formed strategic partnerships with bio based product manufacturers such as Gevo and Virent, for the development 100% bio PET.

Coca-Cola, H.J. Heinz, Nike, Procter & Gamble and Ford Motor have collaborated Plant PET Technology Collaborative (PTC) for 100% bio polyethylene terephthalate production acceleration intended for apparels, technical seat trims, plastic bottles, floor carpets and footwear.

APAC bio PET marker size, led by China & India, was dominant and accounted for over 32.5% of the overall demand. Growing CSD (carbonated soft drinks) & alcohol beverage demand in China and India have resulted in increased scope for packaging.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/446

Australian government formed (APC) The Australian Packaging Covenant for sustainable packaging promotion which may favor on bio-based PET market growth. The Japanese government has set a target of 20% bioplastics production in the plastics market by 2020, which may favor bio based polyethylene terephthalate market growth over the next several years.

Bio based polyethylene terephthalate (PET) Market Application Analysis (Volume: Kilo Tons, Revenue: USD Billion, 2012 - 2023)
• Consumer goods
• Technical
• Bottles
• Others

Bio polyethylene terephthalate weighs lower in comparison to their fossil fuel counterparts, which helps its use in exterior and interior automotive parts. AT&T, Nissan and Toyota Motors have announced plans to use bioplastics in their products, which may positively influence bio PET market growth in technical applications.

Key raw material, sugarcane, is used for MEG manufacturing. Sugarcane is majorly used for sugar and bio ethanol production and may fall short as feedstock for MEG production. This may hamper product supply and affect bio based PET market price trend.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/bio-based-PET-market

Petrochemical derived polyethylene terephthalate are showcasing stiff competition to bio based counter parts with decrease in crude oil prices, However, bio based polyethylene terephthalate prices are expected to compete with petrochemical derived counterparts with correction in crude oil prices and capacity expansion on bio based polyethylene terephthalate.

Europe bottling applications are forecast to grow at over 37% CAGR in revenue terms and register over USD 2.3 billion by 2023.

North America technical application occupied a small chunk of the share may register over USD 235 million by 2023 with expected gains at above 36% CAGR.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bio Based Polyethylene Terephthalate Market Analysis By Key Players - The Coca-Cola Company, M&G Chemicals, Danone, Toyota Tsusho, Plastipak Packaging, Inc., Toray Industries, PepsiCo here

News-ID: 1691692 • Views: 773

More Releases from Global Market Insights, Inc.

Recycled elastomers market trends analysis, growth, Size, forecasts with top key …
As pr estimates that global recycled elastomers market size will be worth more than US$6 billion by 2025. The industry share is classified on the basis of raw material, application and region. The raw material segment is further segmented into natural rubber, chloroprene rubber, polyurethane rubber, propylene rubber, NBR, SBR, and others. Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2791 The raw material segment in the recycled elastomers market is
Metallic Pigments Market Size, Growth Opportunity 2024 |Top Companies are BASF, …
As per the Global Market Insights, Global metallic pigments market size is projected to hit USD 2.3 billion in annual sales by 2024. Mentioned below are some of the integral factors expected to support developments in metallic pigments market share through 2024. Increasing awareness among people regarding the need to use sustainable, low carbon emission paints and coatings is a major factor supporting developments in metallic pigments market. Aluminum and copper
Pressure Sensitive Tapes and Labels Market Overview with Detailed Analysis, Comp …
The unprecedented growth pace of pressure sensitive tapes and labels market is rather evident from Distell’s recent move towards adoption of pressure sensitive labels, As per news sources, the South Africa based multinational brewing and beverages company- Distell, in April this year, announced partnering with MCC to furnish the re-launch of Esprit in the nation with a conversion from paper to pressure sensitive labels. Official sources claim that switch to
Cosmetic Contact Lenses Market Current Business Trends & Growth Opportunities 20 …
Having garnered a considerable remuneration potential over the recent years, cosmetic contact lenses market has registered its name in the billion dollar business across the overall polymers and advanced materials industry. Back in time, contact lenses were regarded as a way toward an enhanced quality of life without the need for glasses, and despite being regarded as a medical device, the product’s use has seen massive demand from the cosmetic

All 5 Releases


More Releases for PET

Recycled PET Market Share, Recycled PET Market Size, Recycled PET Market Trends, …
Scope of the Report: This study provides an overview of the global recycled PET market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for
Global Pet Product Market Segment by Type - Pet Food Products, Pet Drug Products …
Researchmoz added Most up-to-date research on "Global Pet Product Market Segment by Type - Pet Food Products, Pet Drug Products, Pet Health Products, Pet Feeding Products and Pet Clothing Products" to its huge collection of research reports. This report studies the global Pet Product market, analyzes and researches the Pet Product development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top
Pet Guardian App - Keeps Your Pet Healthy and Safe
One of the first things you need to do is to ensure that your pet is eating nutritious and healthy food. There are quite a number of good quality pet food brands to choose from. It's just as important to know what you should not be feeding your pet. These all types of information you will get easily through our Pet Guardian App, as there are cases where the food
Pet Health Products Market
A pet or companion animal is an animal kept primarily for one's company, protection, or entertainment. Popular pets are regularly noted for their attractive appearances and their loyal or playful personalities. While dogs and cats are the most preferred pet animals, people also keep house rabbits, fancy rats, guinea pigs, parrots, chickens, and aquatic pets. The trend of pet adoption and keeping is gaining rapid traction across the globe. The
Pet Project Malaysia 2013
To be held on 23rd March, 2013 (from 9am to 6pm) at The British International School of Kuala Lumpur in association with Expatriate Lifestyle, Pet Project Malaysia is BACK and we are once again “Getting Active to Help Save Animals”. Created in 2011, this is an event to unify the community in supporting animal welfare by doing something FUN and proactive. This event is open to the public and we
Pet Sitters International announces new partnership with Ultimate Pet Websites
Pet Sitters International announces new partnership with Ultimate Pet Websites Pet Sitters International (PSI) is pleased to announce that Ultimate Pet Websites is now a preferred provider for its more than 7,000 member businesses. FOR IMMEDIATE RELEASE PRLog (Press Release) - Aug 19, 2011 - Pet Sitters International (PSI) is pleased to announce that Ultimate Pet Websites is now a preferred provider for its more than 7,000 member businesses. The announcement comes on