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<br>The global bio-based PET market is projected to witness a CAGR of 15.39% to grow to US$7,932.062 million in 2024 from US$3,359.899 million in 2018. Bio-based PET <br>(Polyethylene Terephthalate) is a plastic-based material which is made up of 30% renewable raw material and 70% oil-based raw material.
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Bio Bio- -Based PET Market Based PET Market Forecasts From Forecasts From 2019 2024 2024 2019 To To
DESCRIPTION DESCRIPTION Global bio-based PET market is projected to witness a CAGR of 15.39% to grow to US$7,932.062 million in 2024 from US$3,359.899 million in 2018. Bio- based PET (Polyethylene Terephthalate) is a plastic based material which is made up from 30% renewable raw material and 70% oil-based raw material. Constant Innovation in PET has led to the development of bio-PET which is made from renewable resources. Bio-PET is thermoplastic polyester produced from plant-based Bio-MEG (mono-ethylene glycol). Fluctuating oil prices is driving the bio-based PET market growth.
Key Key Questions Questions Answered Answered By By The The Report Report ▪ What will Bio-Based PET Market from 2019 to 2024? ▪ How are the major drivers and restraints affecting the Bio-Based PET Market. ▪ growth and the opportunities which exist for key vendors? ▪ Which segment and region will drive or lead the market growth and why? ▪ A comprehensive analysis of competitive landscape and key market participant’s behavior ▪ Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography North America United States Canada Mexico South America Brazil Argentina Others
Geography ▪ Europe ▪ Germany ▪ France ▪ United Kingdom ▪ Spain ▪ Others Middle East and Africa Saudi Arabia ▪ Israel Others
Geography ▪ Asia Pacific China Japan South Korea India Others
Segments Covered Under Global Storage Market: ▪ By Application ▪ Bottles ▪ Foam ▪ Synthetic fibers ▪ Others ▪ By End-User ▪ Automotive ▪ Packaging ▪ Personal Care ▪ Electronics ▪ Others
COMPANY PROFILES ▪ -TORAY INDUSTRIES, INC. ▪ Anellotech, Inc. ▪ THE COCA-COLA COMPANY ▪ SCG Chemicals Co., Ltd. ▪ FKuR Kunststoff GmbH ▪ Toyota Tsusho Corporation ▪ M&G Chemicals ▪ Danone ▪ Ford Motor Company ▪ Teijin Limited
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