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Global Bio-based Polyethylene Terephthalate (PET) Market Grows at 68% CAGR to 2019 New Research and Analysis Report

(IT-NEWSWIRE.COM, July 08, 2015 ) The analysts forecast global bio-based PET market to grow at a CAGR of 68.25% over the period 2014-2019.

Bio-based PET is a biodegradable product made from materials such as monoethylene glycol (MEG) and terephthalic acid (PTA). About 30% of bio-based PETs are composed of monoethylene glycol (MEG), a product of sugarcane ethanol, and the rest is composed of purified terephthalic acid (PTA), a chemical-based product of crude oil. There are different types of bioplastics: polymers directly extracted from biomass and processed, polymers made from bio-based precursors (polylactic acid or PLA), and polymers made from bacteria (PHA and PHBs). They can be used to manufacture tools, bags, beds, furniture, carpets, films, bottles, cups, and other packaging materials. In landfills, they emit about 30-70% less CO2 compared to conventional plastics.

In 2014, Germany was the major contributor to the market, followed by Asia, the US, and Brazil.

Covered in this Report

This report covers the present scenario and the growth prospects of bio-based PET market for the period 2015-2019. The market is segmented based on the following:

Application (packaging, automotive, electronics, consumer goods, and others)
Geography (APAC, Europe, North America, and Latin America)


The report, Global Bio-based PET Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on various applications, and end-uses and composition of bio- based PET. The report provides comments on both the existing market landscape and the growth prospects in the coming years.


Purchase a Report Copy at http://www.rnrmarketresearch.com/contacts/purchase?rname=394268 .


Key Vendors

Anellotech
Coca Cola
Gevo
PepsiCo
Toyota Tsusho


Other Prominent Vendors

Ford Motors
H.J. Heinz
Nike
Plastipak
Procter & Gamble

Inquire before Buying at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=394268 .


Market Drivers

Growing Consumption of Beverages in Emerging Markets of BRICS


Market Challenges

Intense Competition from Fossil Fuel Products


Market Trends

Increased use of Bioreagents


Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be
What are the various end-uses and potential applications for the product
What are the key market trends
What is driving this market
What are the challenges to market growth
Who are the key vendors in this market space and what is the nature of competition between them
What are the market opportunities and threats faced by the key vendors

Inquire for Discount at http://www.rnrmarketresearch.com/contacts/discount?rname=394268 .

About Us:
RnRMarketResearch.com is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.

RnR Market Research

Ritesh Tiwari

1 888 391 5441

sales@rnrmarketresearch.com

Source: EmailWire.Com

Source: EmailWire.com


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