Polyethylene Furanoate (PEF) Market Introduction and Overview
According to SPER market research, ‘Polyethylene Furanoate (PEF) Market Size- By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Polyethylene Furanoate (PEF) Market is predicted to reach 71.98 million by 2034 with a CAGR of 6.98%.
Polyethylene furanoate (PEF) is ethylene glycol and 2, 5-furandicarboxylic acid (FDCA) are the main ingredients in the bio-based polyester known as polyethylene furanoate (PEF). Compared to conventional petroleum-based polymers like Polyethylene Terephthalate (PET), it is seen as a sustainable substitute. Compared to PET, PEF has better mechanical, thermal, and barrier qualities, which makes it perfect for packaging uses such bottles and films.
Restraints:Agricultural or biomass-derived sugars are examples of renewable feedstocks used to make polyethylene furanoate (PEF). A number of variables can impact the availability and cost of these feedstocks, including as crop yields, farming practices, weather, and competition from other industries like food and biofuels. PEF output and pricing may be impacted by feedstock shortages or fluctuations. Economies of scale, production efficiency, and process scalability are problems in the commercial manufacture of polyethylene furanoate (PEF).
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered
By Application.
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
Avantium N.V., BASF, Danone, ALPLA, TOYOBO CO., LTD., ADM, Corbion, Mitsui Chemicals, Inc., DuPont., Origin Materials.
Polyethylene Furanoate (PEF) Market Segmentation:
By Application:
Based on the Application, Global Polyethylene Furanoate (PEF) Market is segmented as; Bottles, Fibers, Films.
By Region:
This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.
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