The Polyethylene Furanoate market is forecasted to grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2034. By 2034, it is expected to reach a market value of USD 84.75 million. In 2024, the market is estimated to be valued at USD 35.68 million.
The global Polyethylene Furanoate (PEF) market pertains to the market for PEF, a type of bioplastic made from renewable biomass sources like plant-based sugars. This makes PEF a promising alternative to conventional petroleum-based plastics. The market includes the production, distribution, and use of PEF across various applications, with a strong emphasis on industries such as packaging, textiles, automotive, and more.


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