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Synopsis
Bio-based PET is basically composed of monoethylene glycol (MEG) and terephthalic acid (PTA) and is biodegradable. It is widely used in the production of a variety of packaging solutions, mainly used in the food and beverage industry and the automotive industry. It also has numerous applications in making bottles, packaged goods, car interiors and building materials. The emergence of biodegradable bioplastics in manufacturing and packaging solutions has provided a strong impetus for the development of the bio-based PET market. An increasing number of eco-friendly products tend to use bio-friendly products among consumers around the world, as well as strict environmental regulations that promote the use of environmentally friendly products in all industries, leading to a strong demand for Bio-based PET materials.
The global Bio based PET market was valued at US$ 2079.2 million in 2023 and is anticipated to reach US$ 2640.4 million by 2030, witnessing a CAGR of 3.4% during the forecast period 2024-2030.
For the production and consumption of Bio-based PET, the global consumption distribution is mainly focused in the areas of Asia-Pacific, which is expected to take up about 41.42% of the market share in 2018. The top three companies in the industry are Toray Industries, Plastipak Holdings, and Teijin, which account for nearly 30% of the market share. The industry is a monopolistic competitive market. Bio-based PET is used in Packaging Industry, Automotive Industry, Electronics Industry, Textile Industry, etc. In 2018, Packaging Industry accounted for a major share of 67.67% the global Bio-based PET market, the revenue of this segment is 578.03 million USD in 2018.
This report aims to provide a comprehensive presentation of the global market for Bio based PET, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio based PET.
Report Scope
The Bio based PET market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Bio based PET market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Bio based PET manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- H.J. Heinz
- Ford Motor
- Coca-Cola
- Toyota Tsusho
- Toray Industries
- M& G Chemicals
- Braskem
- Novamont
- Avantium Technologies
Segment by Type
- Bottles
- Bags
- 3D Printing
- Cosmetic Containers
Segment by Application
- Packaging Industry
- Automotive Industry
- Electronics Industry
- Textile Industry
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Bio based PET manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Bio based PET by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Bio based PET in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Bio based PET Market Overview
1.1 Product Definition
1.2 Bio based PET Segment by Type
1.2.1 Global Bio based PET Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Bottles
1.2.3 Bags
1.2.4 3D Printing
1.2.5 Cosmetic Containers
1.3 Bio based PET Segment by Application
1.3.1 Global Bio based PET Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Packaging Industry
1.3.3 Automotive Industry
1.3.4 Electronics Industry
1.3.5 Textile Industry
1.4 Global Market Growth Prospects
1.4.1 Global Bio based PET Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Bio based PET Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Bio based PET Production Estimates and Forecasts (2019-2030)
1.4.4 Global Bio based PET Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Bio based PET Production Market Share by Manufacturers (2019-2024)
2.2 Global Bio based PET Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Bio based PET, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Bio based PET Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Bio based PET Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Bio based PET, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Bio based PET, Product Offered and Application
2.8 Global Key Manufacturers of Bio based PET, Date of Enter into This Industry
2.9 Bio based PET Market Competitive Situation and Trends
2.9.1 Bio based PET Market Concentration Rate
2.9.2 Global 5 and 10 Largest Bio based PET Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Bio based PET Production by Region
3.1 Global Bio based PET Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Bio based PET Production Value by Region (2019-2030)
3.2.1 Global Bio based PET Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Bio based PET by Region (2025-2030)
3.3 Global Bio based PET Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Bio based PET Production by Region (2019-2030)
3.4.1 Global Bio based PET Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Bio based PET by Region (2025-2030)
3.5 Global Bio based PET Market Price Analysis by Region (2019-2024)
3.6 Global Bio based PET Production and Value, Year-over-Year Growth
3.6.1 North America Bio based PET Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Bio based PET Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Bio based PET Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Bio based PET Production Value Estimates and Forecasts (2019-2030)
4 Bio based PET Consumption by Region
4.1 Global Bio based PET Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Bio based PET Consumption by Region (2019-2030)
4.2.1 Global Bio based PET Consumption by Region (2019-2024)
4.2.2 Global Bio based PET Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Bio based PET Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Bio based PET Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Bio based PET Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Bio based PET Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Bio based PET Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Bio based PET Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Bio based PET Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Bio based PET Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Bio based PET Production by Type (2019-2030)
5.1.1 Global Bio based PET Production by Type (2019-2024)
5.1.2 Global Bio based PET Production by Type (2025-2030)
5.1.3 Global Bio based PET Production Market Share by Type (2019-2030)
5.2 Global Bio based PET Production Value by Type (2019-2030)
5.2.1 Global Bio based PET Production Value by Type (2019-2024)
5.2.2 Global Bio based PET Production Value by Type (2025-2030)
5.2.3 Global Bio based PET Production Value Market Share by Type (2019-2030)
5.3 Global Bio based PET Price by Type (2019-2030)
6 Segment by Application
6.1 Global Bio based PET Production by Application (2019-2030)
6.1.1 Global Bio based PET Production by Application (2019-2024)
6.1.2 Global Bio based PET Production by Application (2025-2030)
6.1.3 Global Bio based PET Production Market Share by Application (2019-2030)
6.2 Global Bio based PET Production Value by Application (2019-2030)
6.2.1 Global Bio based PET Production Value by Application (2019-2024)
6.2.2 Global Bio based PET Production Value by Application (2025-2030)
6.2.3 Global Bio based PET Production Value Market Share by Application (2019-2030)
6.3 Global Bio based PET Price by Application (2019-2030)
7 Key Companies Profiled
7.1 H.J. Heinz
7.1.1 H.J. Heinz Bio based PET Corporation Information
7.1.2 H.J. Heinz Bio based PET Product Portfolio
7.1.3 H.J. Heinz Bio based PET Production, Value, Price and Gross Margin (2019-2024)
7.1.4 H.J. Heinz Main Business and Markets Served
7.1.5 H.J. Heinz Recent Developments/Updates
7.2 Ford Motor
7.2.1 Ford Motor Bio based PET Corporation Information
7.2.2 Ford Motor Bio based PET Product Portfolio
7.2.3 Ford Motor Bio based PET Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Ford Motor Main Business and Markets Served
7.2.5 Ford Motor Recent Developments/Updates
7.3 Coca-Cola
7.3.1 Coca-Cola Bio based PET Corporation Information
7.3.2 Coca-Cola Bio based PET Product Portfolio
7.3.3 Coca-Cola Bio based PET Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Coca-Cola Main Business and Markets Served
7.3.5 Coca-Cola Recent Developments/Updates
7.4 Toyota Tsusho
7.4.1 Toyota Tsusho Bio based PET Corporation Information
7.4.2 Toyota Tsusho Bio based PET Product Portfolio
7.4.3 Toyota Tsusho Bio based PET Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Toyota Tsusho Main Business and Markets Served
7.4.5 Toyota Tsusho Recent Developments/Updates
7.5 Toray Industries
7.5.1 Toray Industries Bio based PET Corporation Information
7.5.2 Toray Industries Bio based PET Product Portfolio
7.5.3 Toray Industries Bio based PET Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Toray Industries Main Business and Markets Served
7.5.5 Toray Industries Recent Developments/Updates
7.6 M& G Chemicals
7.6.1 M& G Chemicals Bio based PET Corporation Information
7.6.2 M& G Chemicals Bio based PET Product Portfolio
7.6.3 M& G Chemicals Bio based PET Production, Value, Price and Gross Margin (2019-2024)
7.6.4 M& G Chemicals Main Business and Markets Served
7.6.5 M& G Chemicals Recent Developments/Updates
7.7 Braskem
7.7.1 Braskem Bio based PET Corporation Information
7.7.2 Braskem Bio based PET Product Portfolio
7.7.3 Braskem Bio based PET Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Braskem Main Business and Markets Served
7.7.5 Braskem Recent Developments/Updates
7.8 Novamont
7.8.1 Novamont Bio based PET Corporation Information
7.8.2 Novamont Bio based PET Product Portfolio
7.8.3 Novamont Bio based PET Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Novamont Main Business and Markets Served
7.7.5 Novamont Recent Developments/Updates
7.9 Avantium Technologies
7.9.1 Avantium Technologies Bio based PET Corporation Information
7.9.2 Avantium Technologies Bio based PET Product Portfolio
7.9.3 Avantium Technologies Bio based PET Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Avantium Technologies Main Business and Markets Served
7.9.5 Avantium Technologies Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Bio based PET Industry Chain Analysis
8.2 Bio based PET Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Bio based PET Production Mode & Process
8.4 Bio based PET Sales and Marketing
8.4.1 Bio based PET Sales Channels
8.4.2 Bio based PET Distributors
8.5 Bio based PET Customers
9 Bio based PET Market Dynamics
9.1 Bio based PET Industry Trends
9.2 Bio based PET Market Drivers
9.3 Bio based PET Market Challenges
9.4 Bio based PET Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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