Industry Overview
The Bio-based PET is at USD USD1Billion in 2023 and is expected to reach USD2Billion by 2030. The Bio-based PET is driven by increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and global trade.Bio-based PET Market Size in (USD Billion) CAGR Growth Rate 9.50%
| Study Period | 2019-2030 |
| Market Size (2023): | USD1Billion |
| Market Size (2030): | USD2Billion |
| CAGR (2023 - 2030): | 9.50% |
| Fastest Growing Region | Asia-Pacific |
| Dominating Region | North America |
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Bio-based PET (Polyethylene Terephthalate) is an eco-friendly alternative to conventional PET, produced from renewable sources like plant-based feedstocks. This material is gaining popularity due to its sustainability benefits, such as reduced reliance on fossil fuels and lower carbon emissions. The bio-based PET market is being driven by the growing consumer preference for eco-friendly products, stricter environmental regulations, and the increased use of sustainable packaging in industries such as food and beverages, automotive, and textiles.
Competitive landscape
The key players in the Bio-based PET are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as Coca-Cola Company (USA), Bioplastics International (USA), PepsiCo, Inc. (USA), BASF SE (Germany), Dow Inc. (USA), Avantium (Netherlands), Toyota Tsusho Corporation (Japan), Braskem (Brazil), NatureWorks LLC (USA), Novamont S.p.A (Italy), Mitsubishi Chemical Corporation (Japan), Coca-Cola HBC AG (Switzerland), Alpla Werke Alwin Lehner GmbH & Co KG (Austria), Genomatica (USA), are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation is driving significant advancements in chemical manufacturing processes and the introduction of sustainable and eco-friendly products.Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the Bio-based PET , as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.
In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the Bio-based PET . Companies are increasingly committing resources to sustainable practices and the development of environmentally friendly products. This green investment is in response to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green chemistry movement, thereby fueling market growth.
Key Players
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach:- Coca-Cola Company (USA)
- Bioplastics International (USA)
- PepsiCo
- Inc. (USA)
- BASF SE (Germany)
- Dow Inc. (USA)
- Avantium (Netherlands)
- Toyota Tsusho Corporation (Japan)
- Braskem (Brazil)
- NatureWorks LLC (USA)
- Novamont S.p.A (Italy)
- Mitsubishi Chemical Corporation (Japan)
- Coca-Cola HBC AG (Switzerland)
- Alpla Werke Alwin Lehner GmbH & Co KG (Austria)
- Genomatica (USA)
Bio-based PET Market Segmentation by Players
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Bio-based PET Dynamics
Driving FactorThe Bio-based PET is propelled by several key drivers, including the demand from diverse industrial sectors such as automotive, construction, and pharmaceuticals. Technological advancements and continuous innovation in chemical processes enhance efficiency and open new market opportunities. Economic growth, particularly in emerging markets, along with rapid urbanization and population growth, increases the need for chemicals in infrastructure and consumer goods. Additionally, stricter environmental regulations and the push for sustainable products drive the development of green chemicals. Global trade, raw material availability, and investments in research and development further shape the industry's growth, while supportive government policies and evolving consumer trends also play crucial roles.
- Opportunities In Expanding Into Food Packaging
- Automotive Industry
Challenge Factor
The Bio-based PET faces several challenges and restraining factors, including stringent environmental regulations that increase operational costs and complexity. Fluctuating raw material prices and availability can impact production expenses while growing health and safety concerns necessitate significant investments in compliance measures. Additionally, the push for sustainability requires costly reforms and green technologies. Economic uncertainty, supply chain disruptions, and rapid technological advancements further complicate market dynamics. Geopolitical instability and intellectual property risks also pose significant threats, while market saturation in mature regions pressures profit margins and limits growth opportunities.
- High Production Costs
- Scalability Challenges
Opportunities
The Bio-based PET presents numerous opportunities for growth and innovation. Emerging trends in sustainability offer significant prospects for developing green and eco-friendly products, which are increasingly demanded by consumers and regulated by governments. Advancements in technology, such as digitalization and automation, provide opportunities for improving efficiency and reducing costs in chemical production. Expansion into emerging markets and developing regions presents a chance for companies to tap into new customer bases and increase their market share. Additionally, ongoing investments in research and development pave the way for innovations in specialty chemicals and advanced materials. Collaborations and partnerships within the industry can also drive growth by leveraging complementary strengths and accessing new technologies and markets.
- Opportunities In Expanding Into Food Packaging
- Automotive Industry
Important Trend
Key trends in the Bio-based PET include a focus on sustainability and green chemistry, driven by environmental regulations and consumer demand. Digital transformation is enhancing efficiency through AI and automation, while advanced materials are being developed for various industries. The shift towards a circular economy promotes recycling and reuse, and personalized medicine is increasing demand for specialty chemicals. Investments in renewable energy create new opportunities, and emerging markets offer growth potential. Evolving regulations and consumer preferences for sustainable products are influencing innovation, and supply chain advancements are improving efficiency. These trends are reshaping the chemical industry and driving its growth.
- Shift toward biodegradable plastics
- increase in eco-conscious consumer choices
Regulatory Framework
Several regulatory bodies oversee the chemical industry globally to ensure safety, environmental protection, and compliance with standards. Notable among these are the Environmental Protection Agency (EPA) in the United States, the European Chemicals Agency (ECHA) in the European Union, and the Occupational Safety and Health Administration (OSHA) in the United States. Other significant entities include the Health and Safety Executive (HSE) in the United Kingdom, the National Institute of Chemical Safety (NICS) in South Korea, and the Ministry of Environmental Protection (MEP) in China.Additionally, the National Industrial Chemicals Notification and Assessment Scheme (NICNAS) in Australia, the Japan Chemical Industry Association (JCIA), the Canadian Environmental Protection Act (CEPA), and the Central Pollution Control Board (CPCB) in India play crucial roles. These organizations establish regulations, conduct inspections, and enforce compliance to ensure the safe production, handling, and disposal of chemicals.
Regional Insight
The North America leads the market share, largely due to rising consumption, a growing population, and strong economic momentum that boosts demand. In contrast, the Asia-Pacific is emerging as the fastest-growing area, driven by rapid infrastructure development, the expansion of industrial sectors, and heightened consumer demand, making it a critical factor for future market growth. The regions covered in the report are:Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia-Pacific
Dominating Region
North America
Market Segmentation
Segmentation by Type
- Materials
- Bio-based Products
- Packaging
- Chemicals
Bio-based PET Market Segmentation by Type
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Segmentation by Application
- Packaging
- Consumer Goods
- Food & Beverage
- Automotive
- Textiles
Bio-based PET Market Segmentation by Application
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Research Methodology
The research methodology involves several key steps to ensure comprehensive and accurate insights. First, the objectives of the research are clearly defined, focusing on aspects such as market size, growth trends, and competitive dynamics. Data collection is conducted through both primary and secondary methods. Primary research includes interviews with industry experts, surveys, and focus groups to gather first-hand information, while secondary research involves analyzing existing reports, government publications, and company filings.The collected data is then subjected to rigorous analysis, with quantitative methods used to evaluate market size and trends, and qualitative methods applied to understand industry dynamics and consumer behavior. Findings are compiled into a detailed report featuring key insights, data visualizations, and strategic recommendations. Validation is achieved through data verification and peer reviews to ensure accuracy.
Finally, the research concludes with actionable insights and recommendations, along with suggestions for future studies to address emerging trends and gaps. This methodology provides a structured approach to understanding the {keywords} and guiding strategic decisions.
Report Details
| Report Features | Details |
| Base Year | 2023 |
| Based Year Market Size (2023) | USD1Billion |
| Historical Period | 2019 to 2023 |
| CAGR (2023 to 2030) | 9.50% |
| Forecast Period | 2025 to 2030 |
| Forecasted Period Market Size (2030) | USD2Billion |
| Scope of the Report | Materials, Bio-based Products, Packaging, Chemicals, Packaging, Consumer Goods, Food & Beverage, Automotive, Textiles |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Companies Covered | Coca-Cola Company (USA), Bioplastics International (USA), PepsiCo, Inc. (USA), BASF SE (Germany), Dow Inc. (USA), Avantium (Netherlands), Toyota Tsusho Corporation (Japan), Braskem (Brazil), NatureWorks LLC (USA), Novamont S.p.A (Italy), Mitsubishi Chemical Corporation (Japan), Coca-Cola HBC AG (Switzerland), Alpla Werke Alwin Lehner GmbH & Co KG (Austria), Genomatica (USA) |
| Customization Scope | 15% Free Customization |
| Delivery Format | PDF and Excel through Email |
Bio-based PET - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Bio-based PET Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Bio-based PET Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Bio-based PET Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Opportunities in expanding into food packaging
- 3.1.2 automotive industry
-
3.2 Available Opportunities
- 3.2.1 Opportunities in expanding into food packaging
-
3.3 Influencing Trends
- 3.3.1 Shift toward biodegradable plastics
- 3.3.2 increase
-
3.4 Challenges
- 3.4.1 High production costs
- 3.4.2 scalability challenges
- 3.4.3
- 3.5 Regional Dynamics
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Chapter 4 : Global Bio-based PET Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Bio-based PET Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Bio-based PET : Competition Benchmarking & Performance Evaluation
- 5.1 Global Bio-based PET Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Bio-based PET Revenue 2023
- 5.3 Global Bio-based PET Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 FPNV Positioning Matrix
- 5.6 Heat Map Analysis
Chapter 6: Global Bio-based PET Market: Company Profiles
- 6.1 Coca-Cola Company (USA)
- 6.1.1 Coca-Cola Company (USA) Company Overview
- 6.1.2 Coca-Cola Company (USA) Product/Service Portfolio & Specifications
- 6.1.3 Coca-Cola Company (USA) Key Financial Metrics
- 6.1.4 Coca-Cola Company (USA) SWOT Analysis
- 6.1.5 Coca-Cola Company (USA) Development Activities
- 6.2 Bioplastics International (USA)
- 6.3 PepsiCo
- 6.4 Inc. (USA)
- 6.5 BASF SE (Germany)
- 6.6 Dow Inc. (USA)
- 6.7 Avantium (Netherlands)
- 6.8 Toyota Tsusho Corporation (Japan)
- 6.9 Braskem (Brazil)
- 6.10 NatureWorks LLC (USA)
- 6.11 Novamont S.p.A (Italy)
- 6.12 Mitsubishi Chemical Corporation (Japan)
- 6.13 Coca-Cola HBC AG (Switzerland)
- 6.14 Alpla Werke Alwin Lehner GmbH & Co KG (Austria)
- 6.15 Genomatica (USA)
- 6.16 Origin Materials (USA)
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Chapter 7 : Global Bio-based PET by Type & Application (2019-2030)
-
7.1 Global Bio-based PET Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Materials
- 7.1.2 Bio-based Products
- 7.1.3 Packaging
- 7.1.4 Chemicals
- 7.1.5 Recycling
-
7.2 Global Bio-based PET Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Packaging
- 7.2.2 Consumer Goods
- 7.2.3 Food & Beverage
- 7.2.4 Automotive
- 7.2.5 Textiles
- 7.3 Global Bio-based PET Market Revenue Analysis (USD Million) by Type (2023-2030)
- 7.4 Global Bio-based PET Market Revenue Analysis (USD Million) by Application (2023-2030)
Chapter 8 : North America Bio-based PET Market Breakdown by Country, Type & Application
- 8.1 North America Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Materials
- 8.2.2 Bio-based Products
- 8.2.3 Packaging
- 8.2.4 Chemicals
- 8.2.5 Recycling
-
8.3 North America Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Packaging
- 8.3.2 Consumer Goods
- 8.3.3 Food & Beverage
- 8.3.4 Automotive
- 8.3.5 Textiles
- 8.4 North America Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 8.5 North America Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 8.6 North America Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
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Chapter 9 : LATAM Bio-based PET Market Breakdown by Country, Type & Application
- 9.1 LATAM Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Materials
- 9.2.2 Bio-based Products
- 9.2.3 Packaging
- 9.2.4 Chemicals
- 9.2.5 Recycling
-
9.3 LATAM Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Packaging
- 9.3.2 Consumer Goods
- 9.3.3 Food & Beverage
- 9.3.4 Automotive
- 9.3.5 Textiles
- 9.4 LATAM Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 9.5 LATAM Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 9.6 LATAM Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 10 : West Europe Bio-based PET Market Breakdown by Country, Type & Application
- 10.1 West Europe Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Materials
- 10.2.2 Bio-based Products
- 10.2.3 Packaging
- 10.2.4 Chemicals
- 10.2.5 Recycling
-
10.3 West Europe Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Packaging
- 10.3.2 Consumer Goods
- 10.3.3 Food & Beverage
- 10.3.4 Automotive
- 10.3.5 Textiles
- 10.4 West Europe Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 10.5 West Europe Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 10.6 West Europe Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 11 : Central & Eastern Europe Bio-based PET Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Materials
- 11.2.2 Bio-based Products
- 11.2.3 Packaging
- 11.2.4 Chemicals
- 11.2.5 Recycling
-
11.3 Central & Eastern Europe Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Packaging
- 11.3.2 Consumer Goods
- 11.3.3 Food & Beverage
- 11.3.4 Automotive
- 11.3.5 Textiles
- 11.4 Central & Eastern Europe Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 11.5 Central & Eastern Europe Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 11.6 Central & Eastern Europe Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 12 : Northern Europe Bio-based PET Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Materials
- 12.2.2 Bio-based Products
- 12.2.3 Packaging
- 12.2.4 Chemicals
- 12.2.5 Recycling
-
12.3 Northern Europe Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Packaging
- 12.3.2 Consumer Goods
- 12.3.3 Food & Beverage
- 12.3.4 Automotive
- 12.3.5 Textiles
- 12.4 Northern Europe Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 12.5 Northern Europe Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 12.6 Northern Europe Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 13 : Southern Europe Bio-based PET Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Materials
- 13.2.2 Bio-based Products
- 13.2.3 Packaging
- 13.2.4 Chemicals
- 13.2.5 Recycling
-
13.3 Southern Europe Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Packaging
- 13.3.2 Consumer Goods
- 13.3.3 Food & Beverage
- 13.3.4 Automotive
- 13.3.5 Textiles
- 13.4 Southern Europe Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 13.5 Southern Europe Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 13.6 Southern Europe Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 14 : East Asia Bio-based PET Market Breakdown by Country, Type & Application
- 14.1 East Asia Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Materials
- 14.2.2 Bio-based Products
- 14.2.3 Packaging
- 14.2.4 Chemicals
- 14.2.5 Recycling
-
14.3 East Asia Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Packaging
- 14.3.2 Consumer Goods
- 14.3.3 Food & Beverage
- 14.3.4 Automotive
- 14.3.5 Textiles
- 14.4 East Asia Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 14.5 East Asia Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 14.6 East Asia Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 15 : Southeast Asia Bio-based PET Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Materials
- 15.2.2 Bio-based Products
- 15.2.3 Packaging
- 15.2.4 Chemicals
- 15.2.5 Recycling
-
15.3 Southeast Asia Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Packaging
- 15.3.2 Consumer Goods
- 15.3.3 Food & Beverage
- 15.3.4 Automotive
- 15.3.5 Textiles
- 15.4 Southeast Asia Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 15.5 Southeast Asia Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 15.6 Southeast Asia Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 16 : South Asia Bio-based PET Market Breakdown by Country, Type & Application
- 16.1 South Asia Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Materials
- 16.2.2 Bio-based Products
- 16.2.3 Packaging
- 16.2.4 Chemicals
- 16.2.5 Recycling
-
16.3 South Asia Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Packaging
- 16.3.2 Consumer Goods
- 16.3.3 Food & Beverage
- 16.3.4 Automotive
- 16.3.5 Textiles
- 16.4 South Asia Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 16.5 South Asia Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 16.6 South Asia Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 17 : Central Asia Bio-based PET Market Breakdown by Country, Type & Application
- 17.1 Central Asia Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Materials
- 17.2.2 Bio-based Products
- 17.2.3 Packaging
- 17.2.4 Chemicals
- 17.2.5 Recycling
-
17.3 Central Asia Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Packaging
- 17.3.2 Consumer Goods
- 17.3.3 Food & Beverage
- 17.3.4 Automotive
- 17.3.5 Textiles
- 17.4 Central Asia Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 17.5 Central Asia Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 17.6 Central Asia Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 18 : Oceania Bio-based PET Market Breakdown by Country, Type & Application
- 18.1 Oceania Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Materials
- 18.2.2 Bio-based Products
- 18.2.3 Packaging
- 18.2.4 Chemicals
- 18.2.5 Recycling
-
18.3 Oceania Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Packaging
- 18.3.2 Consumer Goods
- 18.3.3 Food & Beverage
- 18.3.4 Automotive
- 18.3.5 Textiles
- 18.4 Oceania Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 18.5 Oceania Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 18.6 Oceania Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 19 : MEA Bio-based PET Market Breakdown by Country, Type & Application
- 19.1 MEA Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Materials
- 19.2.2 Bio-based Products
- 19.2.3 Packaging
- 19.2.4 Chemicals
- 19.2.5 Recycling
-
19.3 MEA Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Packaging
- 19.3.2 Consumer Goods
- 19.3.3 Food & Beverage
- 19.3.4 Automotive
- 19.3.5 Textiles
- 19.4 MEA Bio-based PET Market by Country (USD Million) & Sales Volume (Units) [2024-2030]
- 19.5 MEA Bio-based PET Market by Type (USD Million) & Sales Volume (Units) [2024-2030]
- 19.6 MEA Bio-based PET Market by Application (USD Million) & Sales Volume (Units) [2024-2030]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
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21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
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21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Global Bio-based PET market is estimated to see a CAGR of 9.50% and may reach an estimated market size of 9.50% USD2 billion by 2030.
The Bio-based PET Market is estimated to grow at a CAGR of 9.50%, currently pegged at USD1 billion.
Some of the prominent trends that are influencing and driving the growth of Global Bio-based PET Market are Shift Toward Biodegradable Plastics, Increase In Eco-conscious Consumer Choices, Rise In Packaging Recycling
- Opportunities In Expanding Into Food Packaging
- Automotive Industry
- And Innovative Recycling Solutions
Some of the major challanges seen in Global Bio-based PET Market are High Production Costs, Scalability Challenges, Regulatory Hurdles.
Some of the opportunities that Analyst at HTF MI have identified in Bio-based PET Market are:
- Opportunities In Expanding Into Food Packaging
- Automotive Industry
- And Innovative Recycling Solutions
Coca-Cola Company (USA), Bioplastics International (USA), PepsiCo, Inc. (USA), BASF SE (Germany), Dow Inc. (USA), Avantium (Netherlands), Toyota Tsusho Corporation (Japan), Braskem (Brazil), NatureWorks LLC (USA), Novamont S.p.A (Italy), Mitsubishi Chemical Corporation (Japan), Coca-Cola HBC AG (Switzerland), Alpla Werke Alwin Lehner GmbH & Co KG (Austria), Genomatica (USA), Origin Materials (USA) are the major operating companies profiled in Bio-based PET market study.
The Global Bio-based PET Market Study is Broken down by applications such as Packaging, Consumer Goods, Food & Beverage, Automotive, Textiles.
The Global Bio-based PET Market Study is segmented by Materials, Bio-based Products, Packaging, Chemicals, Recycling.
The Global Bio-based PET Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - Base year: 2023. Forecast period**: 2025 to 2030 [** unless otherwise stated]
Bio-based PET (Polyethylene Terephthalate) is an eco-friendly alternative to conventional PET, produced from renewable sources like plant-based feedstocks. This material is gaining popularity due to its sustainability benefits, such as reduced reliance on fossil fuels and lower carbon emissions. The bio-based PET market is being driven by the growing consumer preference for eco-friendly products, stricter environmental regulations, and the increased use of sustainable packaging in industries such as food and beverages, automotive, and textiles.
