According to a new market research report published by sheer analytics and insights, “The 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 as per the latest market research report titled Global Polyethylene Furanoate Films Market - Global industry analysis, size, share, growth, trends and forecast, 2021 – 2031.
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. Also, the increased demand for packaged food, ready-to-eat meals, snacks is increasing the demand for PEF film-based pouches and laminations because of high tensile strength and excellent oxygen barrier capacity and this will further help the market to grow.
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Geographically, The Global Polyethylene Furanoate Films Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
The primary key players in Global Polyethylene Furanoate Films Market include Avantium Technologies B.V., Danone S.A., The Coca-Cola Company, Toyobo Co., Ltd., Alpla.
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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