Global Bio-based Polyethylene Furanoate (PEF) Market Growth 2023-2029

Global Bio-based Polyethylene Furanoate (PEF) Market Growth 2023-2029

The global Bio-based Polyethylene Furanoate (PEF) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 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.

LPI (LP Information)' newest research report, the “Bio-based Polyethylene Furanoate (PEF) Industry Forecast” looks at past sales and reviews total world Bio-based Polyethylene Furanoate (PEF) sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-based Polyethylene Furanoate (PEF) sales for 2023 through 2029. With Bio-based Polyethylene Furanoate (PEF) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based Polyethylene Furanoate (PEF) industry.

This Insight Report provides a comprehensive analysis of the global Bio-based Polyethylene Furanoate (PEF) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-based Polyethylene Furanoate (PEF) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-based Polyethylene Furanoate (PEF) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based Polyethylene Furanoate (PEF) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-based Polyethylene Furanoate (PEF).

This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Polyethylene Furanoate (PEF) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Food Grade
Non-Food Grade

Segmentation by application
Bottle
Fiber
Film

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Avantium
GuoShengTech
Sugarenergy
AVA Biochem AG
Sulzer
Corbion
Leafresource

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bio-based Polyethylene Furanoate (PEF) market?

What factors are driving Bio-based Polyethylene Furanoate (PEF) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bio-based Polyethylene Furanoate (PEF) market opportunities vary by end market size?

How does Bio-based Polyethylene Furanoate (PEF) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.