Polyethylene Furanoate Films Market

Polyethylene Furanoate Films Market Size, Share, Growth Analysis, By Application(Packaging, Industrial), By Regional(North America, Asia Pacific) - Industry Forecast 2024-2031


Report ID: UCMIG15A2140 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Polyethylene Furanoate Films Market Insights

Market Overview:

The market for films made of polyethylene furanoate (PEF) was worth USD 197.5k in 2019 and is anticipated to increase at a CAGR of 9.7% from 2020 to 2035. The growth is due to favourable rules surrounding the usage of bio-based materials as well as the rising demand for applications for sustainable packaging. The use of synthetic polymers is being discouraged by governments in several nations, including the U.K., China, the Netherlands, Japan, and the U.S., which has increased demand for PEF films. The market for PEF films is also being fueled by the growing environmental awareness. The market for PEF film-based pouches and laminations is being driven by the rising demand for packaged foods, snacks, and ready-to-eat meals because of its high tensile strength and excellent oxygen barrier capacity.

Polyethylene Furanoate Films Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The global market for Polyethylene Furanoate Films was estimated to be valued at US$ XX Mn in 2021.

The global Polyethylene Furanoate Films Market is estimated to grow at a CAGR of XX% by 2028.

The global Polyethylene Furanoate Films Market is segmented on the basis of Application, Regional.

Based on region, the global Polyethylene Furanoate Films Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Polyethylene Furanoate Films Market are Avantium Technologies B.V., Danone S.A., The Coca-Cola Company, Toyobo Co., Ltd., Alpla.

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Polyethylene Furanoate Films Market

Product ID: UCMIG15A2140

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