Global Polyethylene Furanoate Market has been developing at a rapid rate and is contributing significantly to the global economy in terms of revenue, growth rate, sales, market share, and size. The Global Polyethylene Furanoate Market report is a comprehensive research document that provides valuable insights to the readers to understand the fundamentals of the Polyethylene Furanoate market.

PEF is a biobased polymer which is 100% recyclable and is extracted from plants. Various companies are focusing on the production of 100% biobased films, fibers and bottles because of which PEF is gaining traction. It is expected to observe significant growth because it is widely used as a potential substitute for biobased PET because of its better barrier, mechanical and thermal properties.

Key Highlights From The Report.

• In June 2019, the Netherlands based Avantium, commercialized its patented YXY branded technology of furanics. With the help of this strategy, the company is trying to produce technologically advanced green fuels in order to scale up the usage of PEF across all the major regions.
• The bottle segment is gaining a lot of traction over the recent past and is likely to register a progressive CAGR of 18.1% throughout the forecasted period. This is mainly because packaged drinking services are majorly shifting towards the adoption of PEF because of the friendly characteristics as well as the growing levels of awareness regarding the betterment of the environment.
• The films made using PEF material have potentially good odor and gas barrier properties. They have the capability to replace different kinds of plastic resins present in packaging applications. This is likely to stimulate the demand of PEF over the forthcoming years and boost its market growth over the forecasted years.
• Key participants include Avantium Technologies B.V., Toyobo Co., Ltd., Sulzer ChemTech., Corbion, Biochem AG, and Swicofil AG. among others.

The market is spread across several key geographical regions, and the report covers the regional analysis as well as the production, consumption, revenue, and market share in those regions for the forecast period of 2020-2027. The regions include North America, Latin America, Europe, AsiaPacific, and Middle East and Africa.

Comprehensive Regional Analysis Covers the Following Regions:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Global Polyethylene Furanoate Market Report – Key Takeaways:

• The latest research report analyzes the changing competitive scenario.
• The report carries an unbiased perspective towards the global market performance.
• The study presents an eight-year assessment of the global market and its principal product segments.
• Market dynamics, such as drivers, opportunities, restraints, and threats, have been discussed in the report in detail.
• The analytical data and strategic planning methodologies are expected to aid businesses in decision-making
• The report serves as an exhaustive regional analysis of the global Polyethylene Furanoate market, systematically presenting the business profiles of various stakeholders.
• Furthermore, the report provides valuable data about the critical factors influencing market progress.

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