Global Polyethylene Furanoate Market 2020-2024

Global Polyethylene Furanoate Market 2020-2024

Technavio has been monitoring the polyethylene furanoate market and it is poised to grow by 3.58 th tons during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our reports on the polyethylene furanoate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the demand for bio-based polymers, advantages of PEF over PET, and stringent regulations to monitor the use of conventional polymers.

The polyethylene furanoate market analysis includes the application segment and geographic landscape.

Technavio's polyethylene furanoate market is segmented as below:

By Application

• Bottles
• Films
• Fibers

By Geographic Landscapes

• APAC
• Europe
• North America
• MEA
• South America

This study identifies the rise in demand for sustainable packaging as one of the prime reasons driving the polyethylene furanoate market growth during the next few years. Also, growing acceptance of polymer of low concern (PLC), and strategic alliances and joint ventures will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our polyethylene furanoate market covers the following areas:

• Polyethylene furanoate market sizing
• Polyethylene furanoate market forecast
• Polyethylene furanoate market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polyethylene furanoate market vendors that include ALPLA Werke Alwin Lehner GmbH & Co KG, AVA Biochem AG, Avantium NV, Corbion NV, Danone SA, and Toyobo Co. Ltd. Also, the polyethylene furanoate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.