Press release
Polyethylene Furanoate (PEF) Market to reach USD 2.31 Bn by 2029, emerging at a CAGR of 5 percent and forecast (2022-2029)
Polyethylene Furanoate (PEF) Market
Polyethylene Furanoate (PEF) is a type of polyester that can potentially replace polyethylene terephthalate (PET) in various applications. It shares similarities with polyethylene terephthalate and polyethylene naphthalate. The packaging industry is a major driver for the global PEF market, with the increasing demand for food and beverage products fueling the adoption of PEF in packaging applications.
The characteristics of PEF, including elongation at break, tensile strength, low-temperature impact, and adhesion properties, are attracting vendors to invest in the market. The customization options available with PEF, such as color, printing, and size, coupled with digitalization, are making it a popular choice in the packaging sector.
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What are Polyethylene Furanoate (PEF) Market Dynamics?
However, the market growth may be hindered by the attention and significant investments in research and development by polymer manufacturing companies to develop alternative bio-based packaging polymers. The presence of other bio-based packaging materials and the rapid progress of technology could also have a negative impact on the market.
In terms of application, the bottle sector is expected to dominate the market during the forecast period. The growing food and beverage industries, along with the increasing consumption of prepackaged food products, are driving the demand for PEF in bottle packaging. PEF offers excellent resistance to carbon dioxide and oxygen, which helps prevent food products from oxidation.
Polyethylene Furanoate (PEF) Market Regional Insights:
Regionally, the Asia-Pacific region is witnessing the fastest growth in the PEF market. The increasing application of packaging materials and the development of pharmaceutical infrastructure in the region are driving the demand for PEF. Europe is expected to experience significant market growth, driven by advancements in manufacturing technology and industrialization.
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What is Polyethylene Furanoate (PEF) Market Segmentation?
by Type
• Plant-Based
• Bio-based
by Application
• Packaging Product
• Bottles
• Films
• Fibers
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Who are Polyethylene Furanoate (PEF) Market Key Players?
• Avantium
• Toyo Seikan Kaisha
• ALPLA
• Danone
• Swire Pacific
• AVA Biochem
• TOYOBO
• Corbion
• Mitsui & CO., LTD
• Tereos
• Synvina
• Swicofil AG
• Toray Industries
• Gevo
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Table of content for the Polyethylene Furanoate (PEF) Market includes:
1. Global Polyethylene Furanoate (PEF) Market: Research Methodology
2. Global Polyethylene Furanoate (PEF) Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Polyethylene Furanoate (PEF) Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Polyethylene Furanoate (PEF) Market Segmentation
• Global Market, by Type (2021-2029)
• Global Market, by Application (2021-2029)
5. Regional Polyethylene Furanoate (PEF) Market (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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