Bio-Based Polyethylene Terephthalate 2018: Global Market Analysis & Forecasts 2013-2023 – High R&D Investments by Key Players in the Packaging Industry – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Bio-Based
Polyethylene Terephthalate Market by Application, by Industry, by
Geography – Global Market Size, Share, Development, Growth, and Demand
Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's
offering.

The market growth is mainly driven by growing demand for bioplastics,
increasing research and development (R&D) activities by key players in
the packaging industry, and rising environmental issues caused by
synthetic PET products.

On the basis of application, the bio-based PET market is categorized
into bottles, bags, 3D printing, cosmetic containers, and others. Other
applications include trays, blister packs, carpets, sanitary products,
and foils. In terms of volume, bottles are expected to be the
fastest-growing application in the market, registering a CAGR of 13.7%
during the forecast period. This can be attributed to the growing R&D
investments by key players for the development of 100% bio-based PET
bottles.

Based on industry, the packaging industry contributed the largest share
in the market during the historical period and is estimated to account
for more than 75% share in terms of volume and more than 70.0% share in
terms of value in the market in 2017. This can be attributed to the high
demand for bioplastics from the packaging industry for bottles, organic
food, and premium products.

Governments of various countries have imposed strict regulatory norms to
reduce GHG emissions. Thus, government efforts to curb GHG emissions can
be viewed as a factor creating lucrative growth opportunities for the
players manufacturing sustainable products, such as PET, in the
bio-based PET market.

Market Dynamics

Trends

• Surge in Strategic Alliances by Key Players in the Market

Drivers

• Growing Demand for Bioplastics
• High R&D Investments by Key Players in the Packaging Industry
• Increasing Environmental Issues Caused by Synthetic PET Products
• Impact Analysis of Drivers on Market Forecast

Restraints

• High Costs of Bio-Based Materials
• Impact Analysis of Restraints on Market Forecast

Opportunities

• Regulations Imposed by Governments to Reduce Greenhouse Gas (GHG)
  Emissions

Key Topics Covered

1. Research Background

2. Research Methodology

3. Executive Summary

4. Introduction

5. Global Market Size and Forecast

6. North America Market Size and Forecast

7. Europe Market Size and Forecast

8. APAC Market Size and Forecast

9. LATAM Market Size and Forecast

10. MEA Market Size and Forecast

11. Competitive Landscape

12. Company Profiles

• The Coca-Cola Company
• M&G Chemicals SA
• Origin
• PepsiCo Inc.
• Braskem
• Toyota Tsusho Corporation
• Teijin Limited
• Ford Motor Company

For more information about this report visit https://www.researchandmarkets.com/research/2hxr7j/biobased?w=4

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Related
Topics: Plastics,
Bioplastics