Global Bio-based Polyethylene Furanoate (PEF) Supply, Demand and Key Producers, 2023-2029
The global Bio-based Polyethylene Furanoate (PEF) market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
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 studies the global Bio-based Polyethylene Furanoate (PEF) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Bio-based Polyethylene Furanoate (PEF), and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Bio-based Polyethylene Furanoate (PEF) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Bio-based Polyethylene Furanoate (PEF) total production and demand, 2018-2029, (Kg)
Global Bio-based Polyethylene Furanoate (PEF) total production value, 2018-2029, (USD Million)
Global Bio-based Polyethylene Furanoate (PEF) production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Kg)
Global Bio-based Polyethylene Furanoate (PEF) consumption by region & country, CAGR, 2018-2029 & (Kg)
U.S. VS China: Bio-based Polyethylene Furanoate (PEF) domestic production, consumption, key domestic manufacturers and share
Global Bio-based Polyethylene Furanoate (PEF) production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Kg)
Global Bio-based Polyethylene Furanoate (PEF) production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Kg)
Global Bio-based Polyethylene Furanoate (PEF) production by Application production, value, CAGR, 2018-2029, (USD Million) & (Kg)
This reports 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, Sulzer, Corbion and Leafresource, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Bio-based Polyethylene Furanoate (PEF) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kg) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Bio-based Polyethylene Furanoate (PEF) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Bio-based Polyethylene Furanoate (PEF) Market, Segmentation by Type
Food Grade
Non-Food Grade
Global Bio-based Polyethylene Furanoate (PEF) Market, Segmentation by Application
Bottle
Fiber
Film
Companies Profiled:
Avantium
GuoShengTech
Sugarenergy
AVA Biochem AG
Sulzer
Corbion
Leafresource
Key Questions Answered
1. How big is the global Bio-based Polyethylene Furanoate (PEF) market?
2. What is the demand of the global Bio-based Polyethylene Furanoate (PEF) market?
3. What is the year over year growth of the global Bio-based Polyethylene Furanoate (PEF) market?
4. What is the production and production value of the global Bio-based Polyethylene Furanoate (PEF) market?
5. Who are the key producers in the global Bio-based Polyethylene Furanoate (PEF) market?
6. What are the growth factors driving the market demand?
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