Polyethylene Furanoate Trends and Forecast
Thefuture of the global polyethylene furanoate market looks promising with opportunities in the food & beverage, adhesive, pacakging, and textiles markets. The global polyethylene furanoate market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are consumer tastes shifting in favor of environmentally friendly packaging , growing awareness regarding the environmental consequences, and growing need for polyethylene furanoate in the bottle manufacturing industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Polyethylene Furanoate by Segment
The study includes a forecast for the global polyethylene furanoate by end use industry, application, and region.
Polyethylene Furanoate Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverage
• Adhesive
• Pacakging
• Textiles
• Others
Polyethylene Furanoate Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Bottles
• Films
• Fibers
• Others
Polyethylene Furanoate Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Polyethylene Furanoate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyethylene furanoate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyethylene furanoate companies profiled in this report include-
• Sulzer
• Avantium Technology
• Danone
• The Coca-Cola Company
• Toyobo
Polyethylene Furanoate Market Insights
Lucintel forecasts that bottles is expected to witness highest growth over the forecast period due to lightweight, making them cost-effective for transportation and reducing carbon footprint.
Within this market, packaging will remain the largest segment due to increasing global consumption of food and beverages.
Asia Pacific is expected to witness highest growth over the forecast period due to favorable policies and growing financial support for bio-based products..
Features of the Global Polyethylene Furanoate Market
Market Size Estimates: Polyethylene furanoate market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Polyethylene furanoate market size by end use industry, application, and region in terms of value ($B).
Regional Analysis: Polyethylene furanoate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different end use industry, application, and regions for the polyethylene furanoate market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyethylene furanoate market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for polyethylene furanoate market?
Answer: The global polyethylene furanoate market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the polyethylene furanoate market?
Answer: he major drivers for this market are consumer tastes shifting in favor of environmentally friendly packaging , growing awareness regarding the environmental consequences, and growing need for polyethylene furanoate in the bottle manufacturing industry.
Q3. What are the major segments for polyethylene furanoate market?
Answer: The future of the polyethylene furanoate market looks promising with opportunities in the food & packaging, adhesive, pacakging, and textiles markets.
Q4. Who are the key polyethylene furanoate market companies?
Answer: Some of the key polyethylene furanoate companies are as follows:
• Sulzer
• Avantium Technology
• Danone
• The Coca-Cola Company
• Toyobo
Q5. Which polyethylene furanoate market segment will be the largest in future?
Answer: Lucintel forecasts that bottles is expected to witness highest growth over the forecast period due to lightweight, making them cost-effective for transportation and reducing carbon footprint.
Q6. In polyethylene furanoate market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period due to 20% of the worldÄX%$%Xs bioplastics manufacturing capacity is located in this region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polyethylene furanoate market by end use industry (food & beverage, adhesive, pacakging, textiles, and others), application (bottles, films, fibers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Polyethylene Furanoate Market, Polyethylene Furanoate Market Size, Polyethylene Furanoate Market Growth, Polyethylene Furanoate Market Analysis, Polyethylene Furanoate Market Report, Polyethylene Furanoate Market Share, Polyethylene Furanoate Market Trends, Polyethylene Furanoate Market Forecast, Polyethylene Furanoate Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.