Reports

Sale

Polyethylene Furanoate Market

Global Polyethylene Furanoate Market Size, Share, Forecast: By Application: Bottles, Films, Fibres; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Price Analysis; Competitive Landscape; 2024-2032

Global Polyethylene Furanoate Market Outlook

The global polyethylene furanoate market reached a value of about USD 34.57 million in 2023. The market is further expected to grow at a CAGR of 6.4% in the forecast period of 2024-2032 to reach a value of approximately USD 60.51 million by 2032.

 

Global Polyethylene Furanoate Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Demand for Bottles to Augment the Polyethylene Furanoate Industry Growth

By application, the market is segmented into bottles, fibres, and films. Among these, bottles are witnessing a significant growth in the industry. This can be attributed to the high product demand for packaging applications, such as food and beverage packaging, personal care packaging, and packaging for household care items. The increasing consumer awareness of sustainable packaging, combined with tightening landfill regulations around the world, especially in Europe, is pushing manufacturers to use bio-based and recyclable plastics for packaging. Furthermore, the ban on single-use plastics in several countries, including the United Kingdom, New Zealand, Taiwan, Zimbabwe, and numerous states in the United States, including Hawaii, New York, and California, is pushing up the demand for PEF in the bottles application segment.

Over the forecast period, flexible packaging is expected to be one of the major contributors to the PEF market's growth. It delivers environmentally friendly and safe packaging options to a number of food and non-food sectors. It aims to minimise the volume of packaging material used and causes much less waste than typical flexible packaging. This packaging is made from renewable materials, thus, making it an ideal alternative for a number of eco-friendly companies.

 

The Asia Pacific to Provide Enhanced Growth Opportunities to the Polyethylene Furanoate Industry

Region-wise, in 2019, the Asia Pacific dominated the market, accounting for more than 45.0% of the global sales. Over the forecast era, the shift towards the biodegradable plastics production environment in emerging economies, especially China and India, is expected to positively influence the market growth. However, the COVID-19 pandemic is expected to have a negative effect on the growth of the PEF market in the Asia Pacific, as there is currently minimal cross-border trade among the economies. The various end-use industries, such as medical and food and beverage are driving PEF demand in the region, thanks to increasing demand for packaged and processed foods and the growing trend of e-commerce shopping in the region.

Europe is the second-largest user of polyethylene furanoate, owing to a variety of reasons, including increasing consumer anxiety about the environment, tight environmental regulations, and expanded R&D investments in bio-based and fully recyclable plastics by private and public organisations. Furthermore, government policies such as the EU's decision to reduce total use of single-use plastic goods in the region by 90% by the end of 2021 are projected to improve PEF demand over the forecast period.

 

Polyethylene Furanoate: Market Segmentation

The acronym PEF stands for polyethylene furanoate. Polyethylene furanoate is a polymer formed by polycondensation. FDCA (furandicarboxylic acid or 2,5-furan dicarboxylic acid) is the building block of polyethylene furanoate. PEF is a chemical analogue of PET (polyethylene terephthalate) and PEN (polyethylene naphthalate).

 

Global Polyethylene Furanoate Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

After the US Department of Energy announced its building stone, FDCA, as a possible bio-based substitute for distilled terephthalic acid (PTA) in 2004, PEF has received renewed interest.

By application, the market is divided into:

  • Bottles
  • Films
  • Fibres

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Polyethylene Furanoate Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Increasing Demand for Packaging to Bolster the Growth of the Polyethylene Furanoate Industry

Due to the rising need for sustainable production systems, the packaging industry has experienced a major transition over the last decade. The increasing market consciousness and increased environmental issues have culminated in the restructuring of production systems and supply chains all over the world. Various research institutions and institutes are collaborating to develop novel packaging alternatives. As opposed to polyethylene terephthalate (PET), which is produced from nonrenewable materials, polyethylene furanoate (PEF) has the potential to resolve rising questions about resource scarcity. The PEF market is expected to offer a significant number of opportunities to revolutionise the global packaging sector, considering the rapid advances and developments in the packaging industry.

Furthermore, the coronavirus pandemic has had a huge effect on customer shopping habits and expectations when it comes to picking goods and services. Consumers are deeply worried about the products’ environmental effects, recyclability, and decomposition time in landfills. Thus, customers are more likely to prefer bio-based and recyclable plastics over traditional plastics in the forecast period, thus, aiding the polyethylene furanoate industry growth.

 

Key Industry Players in the Global Polyethylene Furanoate Market

The report gives a detailed analysis of the following key players in the global polyethylene furanoate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Avantium N.V.
  • Corbion NV 
  • AVA Biochem AG
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Region
Breakup by Application
  • Bottles
  • Films
  • Fibres
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Avantium N.V.
  • Corbion NV
  • AVA Biochem AG
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Polyethylene Furanoate Market Report Snapshots

Polyethylene Furanoate Market Size

Polyethylene Furanoate Market Growth

Polyethylene Furanoate Market Regional Analysis

Polyethylene Furanoate Companies

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Polyethylene Furanoate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Polyethylene Furanoate Historical Market (2018-2023) 
    8.3    Global Polyethylene Furanoate Market Forecast (2024-2032)
    8.4    Global Polyethylene Furanoate Market by Application
        8.4.1    Bottles
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Films
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Fibres
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Polyethylene Furanoate Market by Region
        8.5.1    North America
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Europe
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Asia Pacific
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Latin America
            8.5.4.1    Historical Trend (2018-2023) 
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Middle East and Africa
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032)
9    North America Polyethylene Furanoate Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Polyethylene Furanoate Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Polyethylene Furanoate Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Polyethylene Furanoate Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Polyethylene Furanoate Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Avantium N.V.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Corbion NV
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    AVA Biochem AG
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Others
18    Key Trends and Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Polyethylene Furanoate Market: Key Industry Highlights, 2018 and 2032
2.    Global Polyethylene Furanoate Historical Market: Breakup by Application (USD Million), 2018-2023
3.    Global Polyethylene Furanoate Market Forecast: Breakup by Application (USD Million), 2024-2032
4.    Global Polyethylene Furanoate Historical Market: Breakup by Region (USD Million), 2018-2023
5.    Global Polyethylene Furanoate Market Forecast: Breakup by Region (USD Million), 2024-2032
6.    North America Polyethylene Furanoate Historical Market: Breakup by Country (USD Million), 2018-2023
7.    North America Polyethylene Furanoate Market Forecast: Breakup by Country (USD Million), 2024-2032
8.    Europe Polyethylene Furanoate Historical Market: Breakup by Country (USD Million), 2018-2023
9.    Europe Polyethylene Furanoate Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Asia Pacific Polyethylene Furanoate Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Asia Pacific Polyethylene Furanoate Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Latin America Polyethylene Furanoate Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Latin America Polyethylene Furanoate Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Middle East and Africa Polyethylene Furanoate Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Middle East and Africa Polyethylene Furanoate Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    North America Historical Price Trends and Forecast 2018-2028
17.    Europe Historical Price Trends and Forecast 2018-2028
18.    Asia Pacific Historical Price Trends and Forecast 2018-2028
19.    Latin America Historical Price Trends and Forecast 2018-2028
20.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
21.    Global Polyethylene Furanoate Market Structure

Key Questions Answered in the Report

In 2023, the global polyethylene furanoate market attained a value of nearly USD 34.57 million.

The market is projected to grow at a CAGR of 6.4% between 2024 and 2032.

The major drivers of the market are the growing demand for polyethylene furanoate in the packaging sector, the robust growth of the e-commerce sector, and increasing R&D investments in bio-based and fully recyclable plastics by private and public organisations.

The growing environmental consciousness, the increasing development of novel packaging alternatives, and the rising use of polyethylene furanoate as an alternative to polyethylene terephthalate are the key market trends.

The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

The significant applications of polyethylene furanoate are bottles, films, and fibres.

The major players in the market are Avantium N.V., Corbion NV, and AVA Biochem AG, among others.

Analyst Review

The global polyethylene furanoate market attained a value of USD 34.57 million in 2023, driven by the growing demand from the packaging industry. Aided by the increased environmental issues and growing market awareness, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.4%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its applications, the global polyethylene furanoate industry can be segmented into bottles, films, and fibres, with bottles accounting for the largest market share. The major regional markets for polyethylene furanoate are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include Avantium N.V., Corbion NV, and AVA Biochem AG, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER