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Global Bio-based Polyethylene Terephthalate (PET) Market 2015-2019

Global Bio-based Polyethylene Terephthalate (PET) Market 2015-2019

About Bio-based Polyethylene Terephthalate

Bio-based PET is a biodegradable product made from materials such as monoethylene glycol (MEG) and terephthalic acid (PTA). About 30% of bio-based PETs are composed of monoethylene glycol (MEG), a product of sugarcane ethanol, and the rest is composed of purified terephthalic acid (PTA), a chemical-based product of crude oil. There are different types of bioplastics: polymers directly extracted from biomass and processed, polymers made from bio-based precursors (polylactic acid or PLA), and polymers made from bacteria (PHA and PHBs). They can be used to manufacture tools, bags, beds, furniture, carpets, films, bottles, cups, and other packaging materials. In landfills, they emit about 30-70% less CO2 compared to conventional plastics.In 2014, Germany was the major contributor to the market, followed by Asia, the US, and Brazil.

Technavio's analysts forecast the global bio-based PET market to grow at a CAGR of 68.25% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of bio-based PET market for the period 2015-2019. The market is segmented based on the following:

  • Application (packaging, automotive, electronics, consumer goods, and others)
  • Geography (APAC, Europe, North America, and Latin America)
Technavio’s report, Global Bio-based PET Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on various applications, and end-uses and composition of bio- based PET. The report provides comments on both the existing market landscape and the growth prospects in the coming years.

Key Vendors
  • Anellotech
  • Coca Cola
  • Gevo
  • PepsiCo
  • Toyota Tsusho
Other Prominent Vendors
  • Ford Motors
  • H.J. Heinz
  • Nike
  • Plastipak
  • Procter & Gamble
Market Drivers
  • Growing Consumption of Beverages in Emerging Markets of BRICS
  • For a full, detailed list, view our report
Market Challenges
  • Intense Competition from Fossil Fuel Products
  • For a full, detailed list, view our report
Market Trends
  • Increased use of Bioreagents
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the various end-uses and potential applications for the product?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space and what is the nature of competition between them?
  • What are the market opportunities and threats faced by the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Bio-based Polyethylene Terephthalate (PET) Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Bio-based Polyethylene Terephthalate (PET) Market: Anellotech, Coca Cola, Gevo, PepsiCo and Toyota Tsusho

Other Prominent Vendors in the market are: Ford Motors, H.J. Heinz, Nike, Plastipak and Procter & Gamble

Commenting on the report, an analyst from Technavio’s team said: “Raw materials constitute a major part of the production cost for manufacturers. Vendors are exposed to the volatile prices and inconsistent availability of raw materials. To secure themselves from any kind of price or availability shocks, companies often tend to forge long-term sourcing agreements or venture out into acquiring captive sources of raw materials. There is also a growing trend of textile manufacturers acquiring strategic stakes in the supplier firms to have better control on quality of input materials. Coca-Cola, Nike, and Toyota have collaboratively formed a company named PlantBottle, where they manufacture bio-based PET bottles.”

According to the report, strong advertising campaigns and promotional activities in the Cola sub-segment have helped this category perform better than the other categories in the segment. Pricing activity will be a key factor in the future as consumers opt for the best deals. Coca-Cola, Nike, and Toyota have collaboratively formed a company named PlantBottle that manufactures bio-based PET bottle, which is the first fully-recyclable PET plastic beverage bottle made using 30% bio-based material, which will result in a smaller carbon footprint. The global CSD bottle market is expected to grow at a significant rate during forecast period, as shown in the graph.

Further, the report states that volatility in prices of crude and petrochemical intermediaries such as PTA, which is a major raw material in the production of bio-based PET, is one of the major challenges.



Companies Mentioned

Anellotech, Coca Cola, Gevo, PepsiCo, Toyota Tsusho, Ford Motors, H.J. Heinz, Nike, Plastipak, Procter & Gamble

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
      • Table Segmentation of Global Bio-based PET Market
      • Table Segmentation of Global Bio-based PET Market by Application
      • Table Segmentation of Global Bio-based PET Market by Geography
  • Global Bio-based PET Market
    • Market Size and Forecast by Revenue
      • Table Global Bio-based PET Market 2014-2019 ($ billions)
    • Market Size and Forecast by Volume
      • Table Global Bio-based PET Market 2014-2019 (kt)
    • Five Forces Analysis
  • Market Segmentation by Application
    • Segmentation of Global Bio-based PET Market by Application
      • Table Segmentation of Global Bio-based PET Market by Application 2014 and 2019
      • Table Segmentation of Global Bio-based PET Market by Application 2014-2019 ($ billions)
    • Global Bio-based PET Market in Packaging Applications
      • Market Size and Forecast by Revenue
        • Table Global Bio-based PET Market in Packaging Applications 2014-2019 ($ billions)
    • Global Bio-based PET Market in Automotive and Electronics Applications
      • Market Size and Forecast by Revenue
        • Table Global Bio-based PET Market in Automotive and Electronics Applications 2014-2019 ($ billions)
    • Global Bio-based PET Market in Consumer Goods Applications
      • Market Size and Forecast by Revenue
        • Table Global Bio-based PET Market in Consumer Goods Applications 2014-2019 ($ billions)
    • Global Bio-based PET Market in Other Applications
      • Market Size and Forecast
        • Table Global Bio-based PET Market in Other Applications 2014-2019 ($ billions)
  • Geographical Segmentation Outlook
    • Segmentation of Global Bio-based PET Market by Geography 2014-2019
    • Bio-based PET Market in APAC
      • Market Outlook
    • Bio-based PET Market in Europe
      • Market Outlook
    • Bio-based PET Market in North America
      • Market Outlook
    • Bio-based PET Market in Latin America
      • Market Outlook
  • Buying Criteria
  • Market Growth Drivers
    • Table Global CSD Bottle Market by Revenue and Volume 2013-2018 ($ billions and billion liters)
    • Table BRIC Nations Population Forecast for 2013-2020 (millions)
    • Table Global Bottle Market by Revenue and Volume 2013-2018 ($ billions and billion gallons)
  • Drivers and their Impact
  • Market Challenges
    • Table Brent Crude Oil Monthly Average Price 2014-2015 ($ barrel)
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Major Vendor Analysis 2014
      • Table Major Vendors in Global Bio-based PET Market 2014
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Anellotech
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Anellotech: Product Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
      • Strengths
      • Weaknesses
      • Opportunities
      • Threats
    • Coca-Cola
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Coca-Cola: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Coca-Cola: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Coca-Cola: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Gevo
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Gevo: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Gevo: Business Segmentation by Revenue 2013 and 2014 ($ million)
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • PepsiCo
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table PepsiCo: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table PepsiCo: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table PepsiCo: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Toyota Tsusho
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Toyota Tsusho: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Toyota Tsusho: Business Segmentation by Revenue 2013 and 2014 ($ billion)
      • Geographical Segmentation by Revenue 2014
        • Table Toyota Tsusho: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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