The Global Polyethylene Furanoate Films Market was valued at $30.8 Million in 2020. Growing at a high CAGR of more than 9.0% between 2021 and 2031, it is estimated to reach $78.9 Million by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Increased demand for sustainable packaging applications along with favorable regulations related to the use of bio-based materials will help to accelerate the growth of the market during the forecasted period.
Global Polyethylene Furanoate Films Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Polyethylene Furanoate Films Market has been segmented into application and end-use. On the basis of application Global Polyethylene Furanoate Films Market has been divided into Packaging, Industrial. On the basis of end-use Global Polyethylene Furanoate Films Market has been segmented into Food, Electronics, Pharmaceuticals, Others.
By Region, Asia Pacific Is Holding The Major Market Share
The Global Polyethylene Furanoate Films Market has been geographically segmented into North America, Latin America, Europe, Asia Pacific, Middle East and Africa. In addition to this, Asia Pacific Global Polyethylene Furanoate Films Market is holding the largest market share at present and is estimated to witness high compound annual growth rate during the upcoming forecasted period. increased consumer preference for sustainable, recyclable packaging material and bio-based materials has led this region to dominate the market during the forecasted period. besides this, North America is also going to witness remarkable growth during the forecasted period.
Major Players in Global Polyethylene Furanoate Films Market
Some of the major players in Global Polyethylene Furanoate Films Market include Avantium Technologies B.V., Danone S.A., The Coca-Cola Company, Toyobo Co., Ltd., Alpla.
Scope of the Report:
Report Coverage |
Details |
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Base Year: |
2020 |
Market Size in 2020: |
US$ 30.8 Million |
Historical Data for: |
2018 to 2020 |
Forecast Period: |
2021 to 2031 |
Forecast Period 2021 to 2031 CAGR: |
9.0% |
2031 Value Projection: |
US$ 78.9 Million |
Segments covered: |
By Application - Packaging, Industrial. By End-Use – Food, Electronics, Pharmaceuticals, Others. |
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Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Africa: South Africa, North Africa, and Africa Middle East: GCC, Israel, and Rest of Middle East Latin America: Brazil, Argentina, Rest of Latin America |
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Companies covered: |
Avantium Technologies B.V., Danone S.A., The Coca-Cola Company, Toyobo Co., Ltd., Alpla. and others. |
The Global Polyethylene Furanoate Films Market Has Been Segmented Into:
Global Polyethylene Furanoate Films Market, By Application Type
Global Polyethylene Furanoate Films Market, By End-Use Type
Global Polyethylene Furanoate Films Market, By Region
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