Bio-Based Polyethylene Terephthalate Market, by Application (Bottles, Bags, 3D Printing, Foils and Fibers, Carpets and Others), By End-Use Industry (Packaging, Automotive, Textile and Others), and by Geography - Trends, and Forecast till 2025

Global Bio-Based Polyethylene Terephthalate Market- Market Insights

Polyethylene Terephthalate, also called PETE or PET, is a plastic resin of polyester. It is extensively used as a packaging material owing to its properties such as high versatility, strength, and recyclability. Bio-based polyethylene terephthalate is a resin manufactured from terephtalic acid and ethylene glycol, which is obtained from plants such as sugar cane and sugar beet by thermo-chemical process. Due to its environment friendly qualities, such as reduction in GHG emissions and carbon footprint, bio-based polyethylene terephthalate is widely accepted in packaging of various food and beverages and in automotive industry.

Rising consumption of beverages coupled with the regulations imposed by various governments to reduce GHG emission, is one the major factors contributing to the growth of the bio-based PET market. In 2015, France adopted Green Growth and Energy Transition Law, with key objectives for GHG reduction, energy efficiency (reducing demand by 20% by 2030 and 50% by 2050), and diversification of energy supply by reducing the consumption of fossil and nuclear fuels and to accelerate the deployment of renewables. Further, the adoption of Montreal and Kyoto protocol in various countries including US, Canada and Japan among others is expected to increase the demand for low carbon emitting substitutes such as bio-based PET. Moreover, growing demand for sustainable environment friendly and lightweight material in automotive industry is expected to boost the demand for bio-based polyethylene terephthalate market at the global level. However, availability of substitutes such as bio-based polyethylene furanoate (PEF), is a major factor hindering the growth of the market. The production cost of bio-based PEF is less than the bio-based PET. Also, PEF has a relatively long product shelf life. Owing to these factors, bio PEF is gaining popularity in packaging industry and thus, hampering growth of bio-based PET market.  

Based on applications, bottles segment dominated the bio-based polyethylene terephthalate market in 2016 and is expected to retain market dominance throughout the forecast period. The growing consumption of beverages in emerging economies is also aiding growth of the market. According to the Agriculture and Agri-food Canada, the consumption of alcoholic beverages in South Korea is steadily increasing since 2012, and due to the free trade agreement with U.S. (2012), and European Union (2011), there is a growing demand for whiskey and wines. In addition to this, rising popularity for sustainable packaging materials to reduce the carbon footprint are the major factors, propelling demand for bio-based PET bottles. Regular plastic does not decompose and poses significant threat to the environment, polluting land, water, and air. According to European Commission, 162.6 kg of packaging waste was generated in 2014, per inhabitant in the European Union Member States. The rising awareness regarding the plastic pollution, is expected to support the market growth of bio-based PET during the forecast period.

Global Bio-based Polyethylene Terephthalate Market Share, by Region, 2016 (%)

bio-based polyethylene terephthalate market

Source: Coherent Market Insights (2018)

Asia Pacific led the market in 2016 and is expected to continue its dominance throughout the forecast period. Rising support from regulating bodies to reduce greenhouse emissions is one of the major factors propelling the growth of this market. According to the Australian Government Department of the Environment and Energy, under the 2015 Paris Agreement, Australia has committed to reduce emission by encouraging technological innovations and expanding the clean energy sector. Japan is the largest market for Bio-Based PET in Asia Pacific, following its adoption of Kyoto protocol. Kyoto protocol is an international agreement and is linked to the United Nations Framework Convention on Climate Change. The protocol has a major feature of setting mandatory targets on greenhouse-gas emissions for the countries which have accepted this protocol.   Furthermore, major companies such as Toyota Tsusho Corporation and Toray industries Inc. are actively supporting usage of sustainable packaging. For instance, in 2013, Toyota Tsusho Corporation had introduced a new plant derived plastic brand, under the brand name GLOBIO to promote environment friendly product development.  GLOBIO, is a plant derived PET plastic and consists of bio-based monoethylene glycol.

In North America, U.S. dominated the bio-based polyethylene terephthalate market in 2016. Rising initiatives to reduce greenhouse emissions and use of sustainable packaging are the major factors driving the market growth. In 2014, Canada pledged US$ 300 million to the Green Climate Fund, global fund which supports emerging economies to reduce their GHG emissions. Furthermore, the growing demand for lightweight materials in automotive industry is another major factor supporting the growth of the market at present. Bio-based PET is extensively used in the form of sheets, foams and fabrics in automotive applications owing to their lightweight and high shatter resistance properties. According to the International Organization of Motor Vehicles Manufacturers (OICA), in 2016, a total of 12,198,137 cars and commercial vehicles were produced in the U.S. The steadily growing automotive industry is also expected to support the growth of this market, owing to the rising penetration of bio-based polyethylene terephthalate in automotive industry.

Leading players in the global bio-based PET market are adopting various strategies such as research and development, collaborations and new product launch to retain their market share. For instance, in 2012, Toray Industries inc. and Gevo Inc. had signed Bio-Paraxylene offtake agreement, for pilot-scale production of fully renewable, bio-based PET.

The major players operating in the global bio-based polyethylene terephthalate market include, Toray Industries Inc., The Coca-Cola Company, Teijin Limited, Toyota Tsusho Corporation, Anellotech Inc., Gevo Inc., Plastipak Holdings Inc., Virent Inc., and Ford Motor Company.

Bio-based polyethylene terephthalate (PET) is produced from terephthalic acid (PTA) and monoethylene glycol (MEG). Bio-based PET is gaining popularity due to increasing environmental concerns. The wastes from these bio-based materials emit approximately 50% less carbon dioxide as compared to conventional plastics. Furthermore, bio-based polyethylene terephthalate is a widely used as a material in the packaging textile and automotive industry.

Market Dynamics

Fluctuating oil prices and awareness regarding the growing GHG emission are the major factors propelling the growth of the bio-based PET market. Further, bio-based PET is highly resistant to heat which in turn, is acting a major factor for high demand from the packaging industry. However, most of the bio-based PET produce currently, contains 30% monoethylene glycol which is made from sugar molasses with the rest made from petroleum- based purified terephthalic acid (PTA). The replacement of PTA with a bio-based content is expected to propel the growth of the bio based PET market significantly, as this will eliminate the dependency on oil-based products. Several leading players operating in the global bio-based PET market are focusing on the production of 100% bio based PET. For instance, in 2017, Nestle S.A. and Groupe Danone S.A. had started working with the Origin Materials based in West Sacramento, California for commercial- scale production of containers made of 100 percent bio-based PET.

Asia Pacific dominated the Bio Based PET market in 2016 and is expected to retain market dominance throughout the forecast period. Further, Asia Pacific is also expected to witness the fastest growth during the forecast period. This is attributed to the increasing concerns about GHG emissions. According to the Asian Development Bank (ADB), without any climate policy interventions, South Asia would become increasingly carbon intensive by 2030.  Furthermore, bio-based PET is a lightweight material and thereby, its transportation cost is low. These are some of the key factors largely supporting the growth of the Bio-Based PET market in Asia Pacific.

Key Features of the Study:

  • This report provides an in-depth analysis of the bio-based polyethylene terephthalate market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017–2025)
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global bio-based polyethylene terephthalate market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
  • The global bio-based polyethylene terephthalate market  report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, new entrants, and financial analysts
  • Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the bio-based polyethylene terephthalate market.

 

Detailed Segmentation:

  • Global Bio-Based Polyethylene Terephthalate Market, By Application:
    • Bottles
    • Bags
    • 3D Printing
    • Foils and Fibers
    • Carpets
    • Others
  • Global Bio-Based Polyethylene Terephthalate Market, By End-Use Industry:
    • Packaging
      • Food and Beverages Products
      • Pharmaceutical Products
      • Cosmetics Products
    • Automotive
      • Sheets
      • Foams
      • Fabrics
    • Textile
    • Others
  • Global Bio-Based Polyethylene Terephthalate Market , By Geography:
    • North America
      • U.S.
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Canada
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
    • Europe
      • U.K.
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Germany
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Italy
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • France
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Russia
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Spain
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Rest of Europe
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
    • Asia-Pacific
      • China
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • India
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Japan
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • ASEAN
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Australia
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • South Korea
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Rest of Asia Pacific
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
    • Latin America
      • Brazil
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Mexico
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Rest of Latin America
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
    • Middle East
      • GCC
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Israel
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
    • Africa
      • Northern Africa
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • Central Africa
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
      • South Africa
        • By Application
          • Bottles
          • Bags
          • 3D Printing
          • Foils and Fibers
          • Carpets
          • Others
        • By End-Use Industry
          • Packaging
            • Food and Beverages Products
            • Pharmaceutical Products
            • Cosmetic Products
          • Automotive
            • Sheets
            • Foams
            • Fabrics
          • Textile
          • Others
  • Company Profiles
    • Toray Industries Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • The Coca-Cola Company
    • Teijin Limited
    • Toyota Tsusho Corporation
    • Anellotech Inc.         
    • Gevo Inc.
    • Plastipak Holdings Inc.
    • Virent Inc.
    • Ford Motor Company

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By Application
      • Market Snippet By End-use Industry
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Bio-based Polyethylene Terephthalate Market, By Application, 2016-2025 (USD Million)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, 2016 - 2025
      • Segment Trends
    • Bottles
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million)
    • Bags
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025,  (USD Million)
    • 3D Printing
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025,  (USD Million)
    • Foils and Fibers
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025,  (USD Million)
    • Carpets
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025,  (USD Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million)
  5. Global Bio-based Polyethylene Terephthalate Market, By End-Use Industry, 2016 – 2025  (USD Million)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, 2016 - 2025
      • Segment Trends
    • Packaging
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million)
        • Food and Beverages Products
        • Pharmaceutical Products
        • Cosmetic Products
    • Automotive
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025,  (USD Million)
        • Sheets
        • Foams
        • Fabrics
    • Textile
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Million)
  6. Global Bio-based Polyethylene Terephthalate Market, By Region, 2016 - 2025  (USD Million)
    • Introduction
      • Market Share Analysis, By Region, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, For Regions, 2016 - 2025
    • North America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016- 2025
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
    • Europe
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 - 2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016- 2025
        • China
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
    • Latin America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 - 2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
    • Middle East
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 - 2025
        • GCC
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
    • Africa
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 - 2025
        • North Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025  (USD Million)
          • Market Size and Forecast, By End-use Industry, 2016 - 2025  (USD Million)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Toray Industries Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • The Coca-Cola Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Teijin Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Toyota Tsusho Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Anellotech Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Gevo Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Plastipak Holdings Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Virent Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Ford Motor Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 150 market data tables* and 90 figures* on "Bio-Based Polyethylene Terephthalate Market” - Global forecast to 2025.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.