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Bio-based Polyethylene Terephthalate Market–Growth, Future Prospects and Competitive Analysis, 2018-2026

Credence Research has recently published a market research study that includeselaborativeanalysis which was result of an extensive research methodologyfor Bio-based Polyethylene Terephthalate marketwith estimationsfrom 2018 to 2026. The highlights of this report aredrivers, restraints and opportunities of Bio-based Polyethylene Terephthalate market, offered acrossthe recent and estimated timeline till 2026.Major report takeawaysare competitive landscape assessment, attractive investment proposition, and brief profiles of companies operating in Bio-based Polyethylene Terephthalate market which will give 3600 view for the market dynamics. Companies are profiled on the basis of vital data points such asbusiness overview, financial synopsis, product/service portfolio, and news coverage accompanied with recent updates specific to Bio-based Polyethylene Terephthalate market. The cross-sectional geographical analysis covers regions such as North America (U.S & Canada), Europe (U.K., Germany & Rest of Europe), Asia Pacific (China, Japan, & Rest of Asia Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East & Africa (GCC & Rest of Middle East & Africa).

Full Report Visit: https://www.credenceresearch.com/report/bio-based-polyethylene-terephthalate-market

Market Insights:

Due to eco-friendly nature and superior properties than PET, bio-PET is witnessing huge demand from various end-use industries such as food & beverages, cosmetics & pharmaceuticals, automotive, textile and so on. Traditionally, bio-PET comprises 30% bio-based MEG and 70% petroleum-based resins however, many companies are investing to increase the production of bio-based MEG to eradicate the problem of inconsistent supply of raw material for the development of 100% bio-based PET. For instance, Avantium invested in the construction of bio-MEG demonstration plant in the Netherlands, to ramp up the bio-based mono-ethylene glycol (MEG) production made directly from renewable sugars. Bio-based polyethylene terephthalate can be used in all existing application of conventional PET such as beverages containers, food containers, non-food containers, films & sheets, moulded parts & components, and fabrics. In 2017, beverages containers accounted for the largest share, followed by films & sheets and food containers.

Keyresearch study highlights comprise:

  1. Exhaustiveresearch and analysis of the global Bio-based Polyethylene Terephthalate industry
  2. The key market segments along have been explained in the report thoroughly along with their existing and estimated market size
  3. Major elements of market dynamics such as drivers, challenges and opportunities and their effect on Bio-based Polyethylene Terephthalate market is also covered in the report
  4. Key players operating in the market are profiled and accompanied with the competitive landscape evaluated on the basis of product offering& business strength
  5. Cross sectional analysis of each regioncovering individual segments for the forecast period 2016 – 2018 in terms of value (US$Mn)

Research methodologyapplied for this study:

Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global Bio-based Polyethylene Terephthalate market specific to key segments, and regional segmentation.

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  1. Secondary Research

Secondary research was initiated with data collected through sources such aspress releases,company annual reports, and relevant documents focusing on the current developments in the global Bio-based Polyethylene Terephthalate market. Authentic sources such as university research papers, scientific journals, and government websites were similarlyscreened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in Bio-based Polyethylene Terephthalate market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of Bio-based Polyethylene Terephthalate market study.

  1. Primary Research

The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help ofe-mail interactions,telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.

The participants tracked for primary interviews include:

  • Marketing/product managers
  • Vice President/ CEOs
  • National sales managers
  • Market intelligence managers
  • Distributors
  • Purchasing managers
  • Other stakeholders

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Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

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