NEW YORK, May 31, 2016 /PRNewswire/ -- The report covers the global bio-polyethylene terephthalate market that is segmented on the basis of application and geography. 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.
The global bio-polyethylene terephthalate market has been analyzed based on the current proceedings in the industry at the commercial level. This study provides value chain analysis with respect to bio-polyethylene terephthalate raw materials, manufacturers, and end-users. The value chain describes the key contributors to the materials market at different stages from product development to end-use. It also represents top players contributing to the overall growth of the global bio-PET market.
Among applications, the bottles segment dominated the global bio-PET market by registering a market share of 95.2% in 2014. Similarly, among all regions, North America dominates the global bio-polyethylene terephthalate market by accounting for a share of 41.9% in 2014. This growth is mainly triggered by the rising demand of bio-polyethylene terephthalate materials among varied end-users, such as building & construction and food packaging among others.
Key companies operating in this market include Indorama Ventures (Thailand), Toyota Tsusho Corporation (Japan), Teijin Limited (Japan), Gevo Inc. (U.S.), Toray Industries Inc. (Japan), Virent Inc. (U.S.), China Man- Made Fiber Corporation (China), The Coca- Cola Company (U.S.), Anellotech Inc. (New York), Clear Lam Packaging Inc. (U.S.A) Exxon Mobil Corporation (U.S.), Ineos (U.K.), Braskem S.A. (Brazil), and Arkema S.A. (France) among others.
Scope of the Report
The global bio-polyethylene terephthalate market has been covered in detail in this report.
On the Basis of Application:
On the Basis of Geography:
- North America
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