Polyethylene Furanoate Market Worth USD 120.1 Million By 2027

The growth of the market is attributed to the increasing demand for sustainable packaging and the consumer friendly properties of PEF



The global Polyethylene Furanoate Market will be worth USD 120.1 million by 2027, according to a current analysis by Emergen Research. The growing demand for bio-based polymer products across multiple industries like automotive and packaging has been the primary driving factors propelling the market growth on a global scale. Additionally, the consumer as well as environment friendly features of PEF over bio-based PET is expected to stimulate the demand in the future.

PEF is a biobased polymer which is 100% recyclable and is extracted from plants. Various companies are focusing on the production of 100% biobased films, fibers and bottles because of which PEF is gaining traction. It is expected to observe significant growth because it is widely used as a potential substitute for biobased PET because of its better barrier, mechanical and thermal properties. Furthermore, it has superior tensile strength because of which it needs lesser additives than PET. Without affecting any performance of recycled PET, PEF has the potential to be recycled as well as incorporated into PET recycle streams at around 5% of PEF.

Market Size – USD 34.6 Million in 2019, Market Growth - CAGR of 17.8%, Market Trends – Growing demand for PEF materials for bottle manufacturing

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 Scope of The Report

The Polyethylene Furanoate  market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research. The assessment of the wining strategies followed by these companies can help business owners not only strategize but also execute business operations by referring the statistics about competitor analysis. Careful assessment of the industry analysis across different regions along with vital information on the market size, share and growth rate makes this report a wonderful resource for business evangelists.

Global Polyethylene Furanoate market competition by TOP MANUFACTURERS, with production, price, and revenue (value) and market share for each manufacturer; the top players including:

  • Key participants include The Sherwin Williams Company, PPG Industries Inc., Axalta Coating Systems Ltd., BASF SE, AkzoNobel N.V, Kansai Paints Co. Ltd., Matrix System Automotive Finishes, Nippon Paint Holding Co. Ltd., Mitsui Chemicals, and Berger Paints India Ltd., among others.

For the purpose of this report, Emergen Research has segmented into the global Polyethylene Furanoate Market on the application and region:

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Bottles
  • Films
  • Fibers
  • Others

Regional Analysis of the Market:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)


Key Highlights From The Report.

  • In June 2019, the Netherlands based Avantium, commercialized its patented YXY branded technology of furanics. With the help of this strategy, the company is trying to produce technologically advanced green fuels in order to scale up the usage of PEF across all the major regions.
  • The bottle segment is gaining a lot of traction over the recent past and is likely to register a progressive CAGR of 18.1% throughout the forecasted period. This is mainly because packaged drinking services are majorly shifting towards the adoption of PEF because of the friendly characteristics as well as the growing levels of awareness regarding the betterment of the environment.

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The Polyethylene Furanoate Market report also includes an investment analysis and growth trend analysis to help readers maximize their return on investment. It highlights the growth opportunities existing in the global Polyethylene Furanoate market segments. It offers an extensive investigation of the import-export status and the rates of production and consumption. The Polyethylene Furanoate Market report also provides some of the essential market aspects to draw a forecast for the coming years based on the information derived as part of the historical analysis and an analysis of the current market scenario.

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