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The global polyethylene furanoate market reached a value of about USD 34.57 million in 2023. The market is further expected to grow at a CAGR of 6.4% in the forecast period of 2024-2032 to reach a value of approximately USD 60.51 million by 2032.
Polyethylene Furanoate Market Size
Polyethylene Furanoate Market Growth
Polyethylene Furanoate Market Regional Analysis
Polyethylene Furanoate Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global polyethylene furanoate market attained a value of nearly USD 34.57 million.
The market is projected to grow at a CAGR of 6.4% between 2024 and 2032.
The major drivers of the market are the growing demand for polyethylene furanoate in the packaging sector, the robust growth of the e-commerce sector, and increasing R&D investments in bio-based and fully recyclable plastics by private and public organisations.
The growing environmental consciousness, the increasing development of novel packaging alternatives, and the rising use of polyethylene furanoate as an alternative to polyethylene terephthalate are the key market trends.
The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The significant applications of polyethylene furanoate are bottles, films, and fibres.
The major players in the market are Avantium N.V., Corbion NV, and AVA Biochem AG, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124