{"product_id":"the-global-market-for-bio-pet-2024-2034","title":"The Global Market for Bio-PET 2024-2034","description":"\u003cp\u003eThe Global Market for Bio-PET 2024-2034\u003c\/p\u003e\n\n\u003cp\u003ePolyethylene terephthalate (PET) is a thermoplastic material used for bottles, films and textile fibres. PET belongs to the polyester group. It consists of 70 percent terephthalic acid and 30 percent monoethylene glycol (MEG) by weight and is frequently used in the packaging sector. Bio-PET is a fast-growing segment of the PET market supported by strong demand drivers.\u003c\/p\u003e \n\n\n\n\u003cp\u003eFor bio-PET, MEG is produced from renewable raw materials from plants instead of fossil raw materials. Bio-PET can easily be applied in products and processed through existing recycling streams without issues.  The shift to bio-based PET enables brands across industries to offer renewable plant-based plastic alternatives and reduce reliance on fossil fuel-derived PET.\u003c\/p\u003e\n\n\n\n\u003cp\u003eDemand is forecast to exceed 2.5 million metric tons by 2034. Packaging remains the dominant application at over 70% of bio-PET consumption. Bottles for water, soft drinks, food, cosmetics are key products. Textiles are the second largest application as brands adopt bio-PET polyester fibers for sustainability. Asia Pacific is the main regional market for bio-PET.\u003c\/p\u003e\n\n\n\n\u003cp\u003eReport contents include:\u003c\/p\u003e\n\n\u003cp\u003eOverview of the global bioplastics market.\u003c\/p\u003e \n\n\u003cp\u003eAn overview of the global bio-PET market.\u003c\/p\u003e\n\n\u003cp\u003eGlobal revenues historical, estimates for 2023 and projections to 2034, segmented by application and region.\u003c\/p\u003e \n\n\u003cp\u003eAnalysis of market growth drivers, challenges, and opportunities.\u003c\/p\u003e\n\n\u003cp\u003eAnalysis of end-use markets including\u003c\/p\u003e\n\n\u003cp\u003ePackaging.\u003c\/p\u003e\n\n\u003cp\u003eConsumer goods.\u003c\/p\u003e\n\n\u003cp\u003eAutomotive.\u003c\/p\u003e\n\n\u003cp\u003eTextiles.\u003c\/p\u003e\n\n\u003cp\u003eFilms \u0026amp; sheets.\u003c\/p\u003e \n\n\u003cp\u003eRegulations related to bio-PET.\u003c\/p\u003e\n\n\u003cp\u003eFuture price trend forecasts for bio-PET.\u003c\/p\u003e \n\n\u003cp\u003eMarket outlook and supply trends.\u003c\/p\u003e \n\n\u003cp\u003eComprehensive company profiles of 27 companies. Companies profiled include Hyosung Advanced Materials, Indorama Ventures, NatureWorks, Toray, Teijin, and Origin Materials. Company profiles include products, target markets, funding, and recent market activity\u003c\/p\u003e","brand":"Heavy Industry","offers":[{"title":"August, 2023 \/ 106 Pages \/ MCW16217301","offer_id":47619940352306,"sku":null,"price":1080.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/the-global-market-for-bio-pet-2024-2034","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}