Global Bio-Polyethylene Terephthalate Market 2015 - Analysis and Forecasts to 2019 for the $1.3 Billion Industry

Jul 28, 2015, 14:12 ET from Research and Markets

DUBLIN, July 28, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/t3vd3l/global) has announced the addition of the "Global Bio-Polyethylene Terephthalate Market - Analysis and Forecasts to 2019" report to their offering.

The global bio-polyethylene terephthalate market was valued at $457.9 million in 2014, and is projected to reach $1,317.5 million by 2019, at a CAGR of 23.5% from 2014 to 2019.

Bio-polyethylene terephthalate is a thermosetting resin, manufactured from bio-based ethylene glycol. It is primarily used to manufacture packaging products such as bottles, consumer goods, food packaging, and others. Due to its superior properties in comparison to the petroleum-based products, there is an increasing demand of such materials among end-user industries, such as remodeling/ construction, automobile, and consumer goods.

Rise in demand of bio-polyethylene terephthalate from varied industry verticals and increasing initiatives undertaken by companies to expand its bio-based product portfolio are factors contributing to the growth of global bio-polyethylene terephthalate market.

The global bio-PET market is mainly segmented on the basis of application and geography. By geography, this market is classified into North America, Europe, Asia-Pacific, and rest of the world. North America dominates the global bio-polyethylene terephthalate market in terms of volume, by accounting for a share of 41.9% in 2014.

The bottles application segment of this market accounted for a share of 95.2% in 2014. This growth is mainly attributed to the increasing demand for bottles among various industries, such as food & beverage, and medical among others.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview

5 Bio-Polyethylene Terephthalate Market, By Application

6 Bio-Polyethylene Terephthalate Market, By Geography

7 Bio-Polyethylene Terephthalate Market: Competitive Landscape

8 Bio- Polyethylene Terephthalate Market, By Company

- Indorama Ventures - Toyota Tsusho Corporation - Teijin Limited - Gevo Inc. - Toray Industries, Inc. - Virent Inc. - China Man-Made Fiber Corporation - The Coca Cola Company - Anellotech, Inc. - Clear Lam Packaging Inc.

For more information visit http://www.researchandmarkets.com/research/t3vd3l/global

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



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