Bio-based Polyethylene Furanoate (PEF) Market
Bio-based Polyethylene Furanoate (PEF) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Bio-based Polyethylene Furanoate (PEF) Market Size and Growth
The Bio-based Polyethylene Furanoate (PEF) market is experiencing growth driven by increasing demand for sustainable packaging solutions. Market size is projected to reach approximately USD 305 million by 2027, reflecting a CAGR of around 14%. Key factors influencing this trend include environmental regulations and rising consumer preference for eco-friendly materials.
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Companies Covered
(Covid 19 Impact Covered)
◍ Alpla
◍ Swicofil AG
◍ Avantium Technologies N.V.
◍ Danone S.A.
◍ Toyobo Co. Ltd.
◍ Ava Biochem BSL AG
◍ Swire Pacific
◍ Toray Industries
◍ WIFAG-Polytype
◍ The Coca-Cola Company
The Bio-based Polyethylene Furanoate (PEF) market features key players like Avantium, Danone, and CocaCola, driving innovation in sustainable packaging. These companies contribute by advancing PEF production and application in consumer products. Sales figures include Danone's €25 billion revenue (2021) and Coca-Cola's $38.7 billion (2020).
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Market Segmentation
By Application
Bottles
Films
Fibers
Others
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By Product
Food Grade
Non-food Grade
Market Growth
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$ X Billion USD
