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Navigating Growth Trajectories in the Global Bio-based PET Market: Trends, Drivers, and Forecasts

04-24-2024 07:06 AM CET | Science & Education

Press release from: Allied Market Research

Navigating Growth Trajectories in the Global Bio-based PET

Allied Market Research recently released a comprehensive report titled "Global Bio-based PET Market," which highlights that the market reached an estimated value of $441.3 million in 2021 and is projected to reach $941.4 million by 2031, exhibiting a robust compound annual growth rate (CAGR) of 7.9% from 2022 to 2031. The report offers detailed insights into key investment areas, winning strategies, drivers, opportunities, market size estimations, competitive landscape, and evolving market trends. This market study serves as a valuable resource for industry frontrunners, new entrants, investors, and shareholders in formulating effective strategies for future endeavors and enhancing their market positioning.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… : https://www.alliedmarketresearch.com/request-sample/A31353

Impact of COVID-19 Pandemic:

The COVID-19 pandemic had adverse effects on the bio-based PET market, resulting in reduced utilization of new plastic bags and disruptions in the supply chain, exacerbating the market scenario.

Market Segmentation and Dynamics:

The global bio-based PET market is meticulously analyzed across application, end-use industry, and region, providing an exhaustive breakdown of segments and sub-segments through tabular and graphical representation. Investors and market participants can leverage this analysis to devise strategies based on high revenue-generating and fastest-growing segments identified in the report.

- By Application: The beverages segment accounted for more than half of the total market revenue in 2021 and is poised to maintain dominance by 2031. Conversely, the others segment is projected to witness the fastest CAGR of 9.4% during the forecast period.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/bio-based-pet-market/purchase-options

- By End-User Industry: The packaging segment captured nearly half of the total market revenue in 2021 and is expected to maintain dominance by 2031. However, the electrical and electronics segment is forecasted to exhibit the fastest CAGR of 8.8% during the forecast period.

- By Region: The Asia-Pacific region contributed more than two-fifths of the total market revenue in 2021 and is anticipated to retain the largest market share by 2031. Additionally, Asia-Pacific is expected to demonstrate the fastest CAGR of 8.2% during the forecast period. Other regions analyzed in the report include Europe, North America, and LAMEA.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ข๐ง ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐•๐ข๐ฌ๐ข๐ญ ๐‡๐ž๐ซ๐ž: https://www.alliedmarketresearch.com/bio-based-pet-market/purchase-options

Key Market Players and Strategies:

The report profiles key players in the global bio-based PET market, including Amyris, Anellotech Inc., Biome Bioplastics, Braskem, DAIKIN, Gevo Inc., Kuraray Co., Ltd., M&G Chemicals, NatureWorks LLC, Novamont S.p.A, Total Energies, Plastipak Holdings, Inc., PTT Global Chemical Public Company Limited, Solvay, Teijin Limited, Indorama Ventures Public Company Limited, Toray Industries Inc, and Toyota Tsusho Corporation. These market players have adopted various strategies such as partnerships, expansions, collaborations, joint ventures, and others to reinforce their presence in the industry.

The report offers insights into the business performance, product portfolio, operating segments, and developments of the top players, aiding stakeholders in making informed decisions and staying ahead in the competitive landscape.

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ :
Ethylenediaminetetraacetic acid Market : https://www.alliedmarketresearch.com/ethylenediaminetetraacetic-acid-market-A13567

Double Sided Tape Market : https://www.alliedmarketresearch.com/double-sided-tape-market-A13650

Fluoropolymer Coating Market : https://www.alliedmarketresearch.com/fluoropolymer-coating-market-A13652

Garment Active Insulation Market : https://www.alliedmarketresearch.com/garment-active-insulation-market-A13656

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help@alliedmarketresearch.com
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Allied Market Research Blog: https://blog.alliedmarketresearch.com
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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