Bio-Based Polyethylene Terephthalate market Is Grabbing New Opportunities By International Key Players | Toray Industries Inc., The Coca-Cola Company

The global bio-based polyethylene terephthalate market size is expected to reach USD 6.73 billion by 2025, at a CAGR of 15.4%

Polyethylene Terephthalate, also called PETE or PET, is a plastic resin of polyester. It is extensively used as a packaging material owing to its properties such as high versatility, strength, and recyclability. Bio-based polyethylene terephthalate is a resin manufactured from terephtalic acid and ethylene glycol, which is obtained from plants such as sugar cane and sugar beet by thermo-chemical process. Due to its environment friendly qualities, such as reduction in GHG emissions and carbon footprint, bio-based polyethylene terephthalate is widely accepted in packaging of various food and beverages and in automotive industry.

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Top Key Players in Bio-Based Polyethylene Terephthalate  market: Toray Industries Inc., The Coca-Cola Company, Teijin Limited, Toyota Tsusho Corporation, Anellotech Inc., Gevo Inc., Plastipak Holdings Inc., Virent Inc., and Ford Motor Company.

Key Benefits of the Report:

1. Global, and regional, type & end-use global Bio-Based Polyethylene Terephthalate industry market size and their forecast from 2020-2025

2. Detailed analysis of key market dynamics, such as drivers, restraints, opportunities, and challenges influencing the growth of the market

3. Detailed analysis of industry outlook with the supply chain to better understand the market and build expansion strategies

4. Identification of key market players, analysing their market share and core competencies, detailed financial positions, key products

5. Expert interviews and their insights on market trends, current, and future outlook, and factors impacting vendors’ short term & long term strategies

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Key questions answered in Global Bio-Based Polyethylene Terephthalate Market Report:

  • What will the market size be in 2028 and what will the growth rate be?
  • What are the key market trends?
  • What is key factor driving this market?
  • What are the challenges to market growth?
  • Who are the major key vendors in this market space?
  • What are the market opportunities, market risk and market overview and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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