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Bio-based PET Market: Global Industry Analysis and Opportunity Assessment 2020-2027

Bio-based PET Market<br>

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Bio-based PET Market: Global Industry Analysis and Opportunity Assessment 2020-2027

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  1. Bio-based PET Market To Reach USD 15.26 Billion By 2027

  2. Market Summary The global Bio-based PET market is forecast to reach USD 15.26 Billion by 2027, according to a new report by Reports and Data. The worldwide bio-based materials showcase is going to observe a substantial interest during the gauge time frame 2017 – 2027, inferable from developing concerns respect condition all through the world. Bio-based items have as of late increased an enormous ubiquity inferable from the developing ecological concerned populace. Bio-based materials are extricated from inexhaustible sources like that of feedstock, which includes corn, sugarcane, or different polymers, which will debase in the earth inside a range of one year. There are various focal points related to utilizing bio-based material over conventional materials, which scarcely debases in the earth along these lines compromising the climate. One of the central points pushing the worldwide bio-based materials showcase is the consistent cost of horticultural feedstock with correlation with petrochemicals. This is probably going to make the cost of biobased items stable, hence preferring the development of the worldwide bio-based materials showcase. Request for Free Sample @ https://www.reportsanddata.com/sample-enquiry-form/3125

  3. Market Summary • Further key findings from the report suggest • Due to the eco-friendly nature and superior properties than traditional PET, bio-based PET is witnessing a huge demand from several end-use industries such as food & beverages, cosmetics & pharmaceuticals, textile, and automotive, among others. • Traditionally, the bio-PET comprises of 30% bio-based mono-ethylene glycol (MEG) and 70% petroleum-based resins. However, many companies are investing to increase the production of bio-based MEG to eliminate the issues due to an inconsistent supply of raw material for the development of 100% bio-based PET. • Key participants include Braskem, Gevo, Inc., Teijin Limited, Anellotech, Inc., Toray Industries, INC., Indorama Ventures Public Company Limited, M&G Chemicals, Nature Works LLC, Novamont S.p.A, Plastipak Holdings, Inc., Amyris, Toyota Tsusho Corporation, and others. • Read More: https://www.reportsanddata.com/report-detail/bio-based-pet-market

  4. Market Summary Feedstock Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027) Food Crops By-products of Food Crops Non-food Crops Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027) Bottles Films & Sheets Bags Cosmetic Containers Molded Parts & Components End-Use Industry Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027) Food & Beverage Cosmetics & Pharmaceuticals

  5. About US Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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