Reports
Sale
Southeast Asia Bio-Based Polyethylene Terephthalate Market Size, Share, Growth: By Application: Bottles, Textile Fabrics, Sheet and Foam, Film and Adhesive Tapes, Others; By End-Use: Beverages, Food Industry, Textile, Automotive, Others; By Distribution Channels; Competitive Landscape; Key Trends and Developments in the Market; 2018-2028
Southeast Asia Bio-Based Polyethylene Terephthalate Market Outlook
The Southeast Asia bio-based polyethylene terephthalate market size is expected to grow at a CAGR of 12.4% between 2023 and 2028. The market is being driven by the growing demand for bio-based polyethylene terephthalate in the packaging industry owing to the growing trade of food, beverages, and pharmaceutical products.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Key Trends in the Market
Bio-based polyethylene terephthalate (PET) is a thermoplastic packaging product which is obtained from renewable raw materials and fossil fuels. Bio-based PET is costlier than the conventional PET but exhibits superior barrier and thermal properties. Bio-based polyethylene terephthalate is recyclable and contains around 30% monoethylene glycol (MEG). Further, the high breaking strength of the product makes it useful in the packaging sector, leading to a greater Southeast Asia bio-based polyethylene terephthalate market growth.
- The stringent regulations by governments in the region aimed towards curbing carbon emissions and reducing the impact of the packaging sector on the environment are likely to propel the demand for bio-based polyethylene terephthalate.
- There is heightened application of bio-based polyethylene terephthalate across various end-use industries including pharmaceuticals, textiles, and food, among others. The increasing sale of carbonated beverages, energy drinks, and alcoholic beverages in the region is further fuelling the Southeast Asia bio-based polyethylene terephthalate market.
- The growing expansion of the e-commerce industry is another crucial market driving trend aiding the demand for bio-based polyethylene terephthalate, as there is an increased demand for sustainable packaging options for products purchased online.
Market Analysis
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on application, the market can be segmented into bottles, textile fabrics, sheet and foam, and film and adhesive tapes, among others. On the basis of end-use, the market can be classified into beverages, food industry, textile, automotive, and pharmaceuticals, among others. By distribution channels, the market has been categorised into direct and indirect. Based on country, the Southeast Asia market for bio-based polyethylene terephthalate can be divided into Indonesia, Malaysia, Thailand, Vietnam, Singapore, and the Philippines.
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. The report gives a detailed analysis of the following key players in the Southeast Asia bio-based polyethylene terephthalate market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Teijin Limited
- Indorama Ventures
- Braskem
- FKuR Kunststoff GmbH
- Toray Industries, Inc.
- Far Eastern New Century Corporation
- Others
Market Share by Application
The bottles segment, based on application, holds a significant share in the Southeast Asia bio-based polyethylene terephthalate market. Bio-based PET bottles are used for manufacturing diverse edible and personal care products such as soda, juice, carbonated drinks, shampoo, and liquid soap, among others. Bio-based PET is recyclable, which is leading to a large-scale production of recyclable PET bottles, expected to be used in the food industry. In addition to this, 60% energy is saved during the production of the new bio-based PET bottle.
Meanwhile, bio-based PET film and adhesive tapes are extensively utilised in oil and natural gas transportation pipes, which is further fuelling the Southeast Asia market for bio-based polyethylene terephthalate.
Market Share by End-Use
The food industry accounts for a healthy share of the Southeast Asia bio-based polyethylene terephthalate market based on end use. Bio-based polyethylene terephthalate is widely used in the packaging process of clean-labelled food products such as ready-to-eat cooked meat products, vegetables, and fruits, among others. Over the forecast period, the anticipated increase in the domestic demand for premium packaged food products in this region is expected to propel the application of bio-based polyethylene terephthalate in the food industry.
The automotive industry, on the other hand, is generating a significant demand for bio-based polyethylene terephthalate to produce high-grade automotive products with minimal impact on the environment. In the coming years, the anticipated increase in demand for passenger and commercial electric vehicles is expected to bolster the Southeast Asia market for bio-based polyethylene terephthalate.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Competitive Landscape
Teijin Limited is a leading Japanese chemical manufacturing company headquartered in Tokyo. The company was established in the year 1918 and has a total workforce of 21.815. Teijin Limited caters to the demands of various industries such as healthcare, IT, and materials, among others.
Indorama Ventures is a prominent petrochemical producer which operates in more than 35 countries and has a total of 147 manufacturing facilities. With a workforce of 26,000 employees, Indorama Ventures is a significant producer and recycler of polyethylene terephthalate polymers.
Braskem: is one of the largest chemical and petrochemical producers around the world. The company was established in the year 2002 and is currently headquartered in Sao Paulo, Brazil. This company offers innovative solutions to various end use industries including housing, food and beverage, and mobility, among others.
Other market players include FKuR Kunststoff GmbH, Toray Industries, Inc., and Far Eastern New Century Corporation, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Application |
|
| Breakup by End-Use |
|
| Breakup by Distribution Channels |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Bio-Based Polyethylene Terephthalate Market Analysis
8.1 Key Industry Highlights
8.2 Global Bio-Based Polyethylene Terephthalate Historical Market (2018-2022)
8.3 Global Bio-Based Polyethylene Terephthalate Market Forecast (2023-2028)
9 Southeast Asia Bio-Based Polyethylene Terephthalate Market Analysis, By Value and Volume
9.1 Key Industry Highlights
9.2 Southeast Asia Bio-Based Polyethylene Terephthalate Historical Market (2018-2022)
9.3 Southeast Asia Bio-Based Polyethylene Terephthalate Market Forecast (2023-2028)
9.4 Southeast Asia Bio-Based Polyethylene Terephthalate Market by Application
9.4.1 Bottles
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Textile Fabrics
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Sheet and Foam
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2022)
9.4.3.3 Forecast Trend (2023-2028)
9.4.4 Film and Adhesive Tapes
9.4.4.1 Market Share
9.4.4.2 Historical Trend (2018-2022)
9.4.4.3 Forecast Trend (2023-2028)
9.4.5 Others
9.5 Southeast Asia Bio-Based Polyethylene Terephthalate Market by End-Use
9.5.1 Beverages
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Food Industry
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.5.3 Textile
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2018-2022)
9.5.3.3 Forecast Trend (2023-2028)
9.5.4 Automotive
9.5.4.1 Market Share
9.5.4.2 Historical Trend (2018-2022)
9.5.4.3 Forecast Trend (2023-2028)
9.5.5 Pharmaceuticals
9.5.5.1 Market Share
9.5.5.2 Historical Trend (2018-2022)
9.5.5.3 Forecast Trend (2023-2028)
9.5.6 Others
9.6 Southeast Asia Bio-Based Polyethylene Terephthalate Market by Distribution Channels
9.6.1 Direct
9.6.1.1 Market Share
9.6.1.2 Historical Trend (2018-2022)
9.6.1.3 Forecast Trend (2023-2028)
9.6.2 Indirect
9.6.2.1 Market Share
9.6.2.2 Historical Trend (2018-2022)
9.6.2.3 Forecast Trend (2023-2028)
9.7 Southeast Asia Bio-Based Polyethylene Terephthalate Market by Country
9.7.1 Indonesia
9.7.1.1 Market Share
9.7.1.2 Historical Trend (2018-2022)
9.7.1.3 Forecast Trend (2023-2028)
9.7.2 Malaysia
9.7.2.1 Market Share
9.7.2.2 Historical Trend (2018-2022)
9.7.2.3 Forecast Trend (2023-2028)
9.7.3 Thailand
9.7.3.1 Market Share
9.7.3.2 Historical Trend (2018-2022)
9.7.3.3 Forecast Trend (2023-2028)
9.7.4 Vietnam
9.7.4.1 Market Share
9.7.4.2 Historical Trend (2018-2022)
9.7.4.3 Forecast Trend (2023-2028)
9.7.5 Singapore
9.7.5.1 Market Share
9.7.5.2 Historical Trend (2018-2022)
9.7.5.3 Forecast Trend (2023-2028)
9.7.6 Philippines
9.7.6.1 Market Share
9.7.6.2 Historical Trend (2018-2022)
9.7.6.3 Forecast Trend (2023-2028)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Teijin Limited
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Indorama Ventures
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Braskem
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 FKuR Kunststoff GmbH
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Toray Industries, Inc.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Far Eastern New Century Corporation
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Based Polyethylene Terephthalate Market: Key Industry Highlights, 2018 and 2028
2. Southeast Asia Bio-Based Polyethylene Terephthalate Market: Key Industry Highlights, 2018 and 2028
3. Southeast Asia Bio-Based Polyethylene Terephthalate Historical Market: Breakup by Application (USD Million), 2018-2022
4. Southeast Asia Bio-Based Polyethylene Terephthalate Market Forecast: Breakup by Application (USD Million), 2023-2028
5. Southeast Asia Bio-Based Polyethylene Terephthalate Historical Market: Breakup by End Use (USD Million), 2018-2022
6. Southeast Asia Bio-Based Polyethylene Terephthalate Market Forecast: Breakup by End Use (USD Million), 2023-2028
7. Southeast Asia Bio-Based Polyethylene Terephthalate Historical Market: Breakup by Distribution Channels (USD Million), 2018-2022
8. Southeast Asia Bio-Based Polyethylene Terephthalate Market Forecast: Breakup by Distribution Channels (USD Million), 2023-2028
9. Southeast Asia Bio-Based Polyethylene Terephthalate Historical Market: Breakup by Country (USD Million), 2018-2022
10. Southeast Asia Bio-Based Polyethylene Terephthalate Market Forecast: Breakup by Country (USD Million), 2023-2028
11. Southeast Asia Bio-Based Polyethylene Terephthalate Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 12.4% in the forecast period of 2022-2028.
The favourable policies of governments in the region encouraging the use of eco-friendly products and growing expansion of the end use industries including automotive and textile, are the major drivers of the Southeast Asia bio-based polyethylene terephthalate market.
The key trends in the market include the increasing awareness pertaining to environment pollution and the thriving e-commerce industry which is fuelling the sale of packaged products.
Bottles, textile fabrics, sheet and foam, and film and adhesive tapes, among others are the different applications of bio-based polyethylene terephthalate.
Bio-based polyethylene terephthalate is natural and is made up of 100% renewable materials.
Yes, bio-based polyethylene terephthalate is 100% recyclable and can be used more than once.
Indonesia, Malaysia, Thailand, Vietnam, Singapore, and the Philippines., are the major regions in the market.
Teijin Limited, Indorama Ventures, Braskem, FKuR Kunststoff GmbH, Toray Industries, Inc., and Far Eastern New Century Corporation, among others, are the key market players, according to the report.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$ 2199
$1799
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$3199$2999-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$4199$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
$5199$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
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
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.
Similar Reports
NEWSLETTER