Global Bio-based Polyethylene Furanoate (PEF) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Bio-based Polyethylene Furanoate (PEF) market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Bio-based polyethylene furanyl dicarboxylate (PEF) is a 100% recyclable bio-based polymer produced from renewable raw materials derived from plants. Called the next generation of polyesters, PEF has great potential to replace polyethylene terephthalate (PET), a durable polymer derived from traditional synthetic resources. PEF is still an emerging material and no manufacturer has yet commercialized it. The synthesis technology of PEF and its key monomers is still very challenging and has not yet been industrialized; at the same time, studies of PE structural properties have shown some deficiencies in its performance and modifications are needed to facilitate the processing and application of PEF. PEF offers many advantages over PET, such as superior oxygen and carbon dioxide barriers, so it can keep food and beverages fresher longer by blocking the entry of oxygen and CO2; it is lightweight, has excellent mechanical and thermal properties, and is potentially cost-competitive on an industrial scale over the long term. However, today there are no PEF bottles per se, and disrupting PET will require not only new material production routes and capabilities, but also new conversion and recycling methods and capabilities.
The major global producers of bio-based polyethylene furanyl dicarboxylate are Avantium, GuoShengTech, Sugarenergy, AVA Biochem AG, Sulzer, Corbion, Leafresource, etc. The top seven producers together account for more than 95% of the market share, with the largest producer being Avantium with 67.86% of the market share The largest producer is Avantium with 67.86% market share. The global PEF production regions are mainly located in Europe, China, etc. In terms of product category, food-grade bio-based poly furanyl dicarboxylate has a higher market share of 66.67%, while industrial grade has a lower share. In terms of its applications, food and beverage packaging bottles are its top application area with a market share of 85.716%, followed by films and fibers.
This report is a detailed and comprehensive analysis for global Bio-based Polyethylene Furanoate (PEF) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Bio-based Polyethylene Furanoate (PEF) market size and forecasts, in consumption value ($ Million), sales quantity (Kg), and average selling prices (US$/Ton), 2018-2029
Global Bio-based Polyethylene Furanoate (PEF) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kg), and average selling prices (US$/Ton), 2018-2029
Global Bio-based Polyethylene Furanoate (PEF) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kg), and average selling prices (US$/Ton), 2018-2029
Global Bio-based Polyethylene Furanoate (PEF) market shares of main players, shipments in revenue ($ Million), sales quantity (Kg), and ASP (US$/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Bio-based Polyethylene Furanoate (PEF)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Bio-based Polyethylene Furanoate (PEF) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Avantium, GuoShengTech, Sugarenergy, AVA Biochem AG and Sulzer, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Bio-based Polyethylene Furanoate (PEF) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Food Grade
Non-Food Grade
Market segment by Application
Bottle
Fiber
Film
Major players covered
Avantium
GuoShengTech
Sugarenergy
AVA Biochem AG
Sulzer
Corbion
Leafresource
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bio-based Polyethylene Furanoate (PEF) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bio-based Polyethylene Furanoate (PEF), with price, sales, revenue and global market share of Bio-based Polyethylene Furanoate (PEF) from 2018 to 2023.
Chapter 3, the Bio-based Polyethylene Furanoate (PEF) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bio-based Polyethylene Furanoate (PEF) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Bio-based Polyethylene Furanoate (PEF) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bio-based Polyethylene Furanoate (PEF).
Chapter 14 and 15, to describe Bio-based Polyethylene Furanoate (PEF) sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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