Global Bio-Polylactic Acid Market In Global
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As the global economy mends, the 2021 growth of Bio-PET will have significant change from previous year. According to our (LP Information) latest study, the global Bio-PET market size is USD million in 2022 from USD 1666.3 million in 2021, with a change of % between 2021 and 2022. The global Bio-PET market size will reach USD 2374 million in 2028, growing at a CAGR of 5.2% over the analysis period.
The United States Bio-PET market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Bio-PET market, reaching US$ million by the year 2028. As for the Europe Bio-PET landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Bio-PET players cover Teijin, Arkema, Toray Industries, and Exxon Mobil, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio-PET market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Dimethyl Terephthalate Process
Terephthalic Acid Process
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Packaging
Furniture
Automotive
Consumer Goods
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Teijin
Arkema
Toray Industries
Exxon Mobil
Ineos
SCG Chemicals
Tianan Biologic Materials
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