Polyethylene Furanoate (PEF) Market Analysis, Demand and Product Scope 2021 to 2025| TOYOBO CO., LTD., Avantium, AVA Biochem AG, Corbion

The report presents an in-depth assessment of the Polyethylene Furanoate (PEF) Market including enabling technologies, key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Polyethylene Furanoate (PEF) investments from 2021 till 2025.

The market for Polyethylene Furanoate (PEF) is expected to grow at a CAGR of over 6% during the forecast period.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Polyethylene Furanoate (PEF) Market: TOYOBO CO., LTD., Avantium, AVA Biochem AG, Corbion, Swicofil AG

Market Overview:

Major factors driving the market studied are increasing demand of polyethylene furanoate for bottles manufacturing and rising demand from fibers segment. On the flipside, presence of other bioplastics such as bio-PET, bio-PE, bio-PP, etc. and unfavourable conditions arising due to COVID-19 outbreak are the major restraints, which are expected to hinder the growth of market.
- Growing demand for bio-based polymers in medical sector is expected to offer various lucrative opportunities for the growth of market.
- By application, bottles segment is expected to dominate the market owing to the increase in the usage in packaging and bottling applications in food & beverage industry.

Regional Analysis:

For comprehensive understanding of market dynamics, the global Polyethylene Furanoate (PEF) Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Key Market Trends
Increasing Demand from Bottles Segment
- Polyethylene furanoate, also named as polyethylene2,5-furandicarboxylate, is a polymer that is produced by polycondensation of ethylene glycol and 2,5-furandicarboxylic acid (FDCA).
- Growing demand of polyethylene furanoate in packaging of beverages such as water, soft drinks, fruit juices and alcoholic beverages is likely to propel the polyethylene furanoate market during the forecast period.
- Additionally, polyethylene furanoate provides high resistance to oxygen and carbon dioxide, thereby preventing food products from being oxidized. This is increasing the demand of polyethylene furanoate in food & beverage industry and consequently boosting its market growth.
- The global food & beverage industry is estimated to reach USD 76,747 million by the end of 2020 and is expected to grow at a CAGR of over 8% during the forecast period and reach USD 105,898 million by 2024. This would create lucrative opportunities for the polyethylene furanoate in bottles segment for packaging applications in food & beverage industry and is anticipated to propel its market in the near future.
- Owing to all the above-mentioned factors for polyethylene furanoate, its market is expected to grow rapidly over the forecast period.

The report has 150 tables and figures browse the report description and TOC:

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Polyethylene Furanoate (PEF) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, Polyethylene Furanoate (PEF) Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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