Already a member? Login to access this report free.
Report Highlights
The global market for bio-PET is expected to grow from $182.1 million in 2023 to $326.6 million by 2028, at a compound annual growth rate (CAGR) of 12.4% from 2023 to 2028.
Report Includes
- 69 data tables and 19 additional tables
- An overview of the global bio-PET market
- In-depth analysis of market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2024 and 2028. This analysis includes projections of compound annual growth rates (CAGRs) through 2028
- Evaluations of the current market size and revenue growth prospects for the bio-PET market, accompanied by an analysis of market share by application and geographic region
- Analyses of the market’s dynamics, including growth drivers, inhibitors and opportunities, and insights into the regulatory environment
- A comparative assessment of conventional PET vs. bio-PET; and discussions of recent developments in rigid food packaging, production technology for bio-PET production, technological advances in packaging, and nanotechnology in the food and beverage packaging industry
- Information on the Coca-Cola Co.’s initiative in commercializing PET beverage bottles and the major steps taken towards the use of renewable plant materials
- An examination of ESG developments, relevant patents; M&A, venture funding and emerging technologies in the bio-PET market
- Profiles of leading market participants
Report Scope
This report analyzes the global bio-PET market based on segmentation of application. These segmentations are further analyzed at the global and regional levels.
The base year considered for analysis is 2022, and the market estimates and forecasts are given from 2023 to 2028. The market estimates are provided in terms of volume (kilotons) and revenue (U.S. dollars, thousand).
The scope for the bio-PET market is segmented based on application into:
- Packaging.
- Bottle.
- Pouch and bag.
- Other packaging.
- Consumer goods.
- Automotive.
- Others.
Report Synopsis
| Report Metrics | Details | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||
| Forecast period considered | 2023-2028 | ||||||||
| Base year market size | $158.6 million | ||||||||
| Market size forecast | $326.6 million | ||||||||
| Growth rate | CAGR of 12.4% from 2023 to 2028 | ||||||||
| Units considered | $ Thousands (Revenue) and Kilotons (Volume) | ||||||||
| Segments covered | By Application and Region | ||||||||
| Regions covered | North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA) | ||||||||
| Countries covered | United States, Canada, Mexico, Brazil, Germany, France, The UK, Italy, Spain, Russia, China, Japan, India, Southeast Asia, South Africa, and GCC Countries | ||||||||
| Key Market Drivers |
|
||||||||
| Companies studied |
|
Frequently Asked Questions (FAQs)
- Growing environmental concerns along with sustainability goals.
- Increasing demand for biopolymers.
Analyst Credentials
Noopur Deshmukh– Associate Consultant-Advanced Materials Research
Noopur Deshmukh has over six years of industry experience in market research and analysis, specializing in advanced materials. She has experience in several domains, such as chemicals, materials, polymers, packaging, technology, and others. She works majorly on research studies, data gathering, market estimation & forecast, and competitive analysis, and providing clients with custom reports based on their business requirements. Academically, Noopur holds a master’s degree in Marketing and a bachelor’s degree in Engineering.
Related Reports
Sustainable Plastic Packaging: Global Markets
The global market for sustainable plastic packaging was valued at $81.6 billion in 2023. The market is expected to grow from $86.6 billion in 2024 to $122.4 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 7.2% from 2024 to 2029.
Biorefinery Products and Applications: Global Markets
The global market for biorefinery products and applications was valued at $715.7 billion in 2023. The market is expected to grow from $775.2 billion in 2024 to nearly $1.2 trillion by 2029, at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2029.
Sustainable Biopolymers: Global Markets
The global market for biodegradable polymers is estimated to increase from $4.8 billion in 2022 to reach $14.4 billion by 2027, at a compound annual growth rate (CAGR) of 24.8% from 2022 through 2027.
Sustainable Aviation Fuel: Global Market Outlook
Sustainable aviation fuel (SAF) is a kind of biofuel used to power aircraft. The goal is to provide an up-to-date analysis of the SAF market and future opportunities in the market. The study comprehensively accounts for worldwide SAF markets in a multi-client format. It presents a thorough and up-to-date global assessment of the market and business of the SAF. This will help industry participants, suppliers, government bodies, associations, and customers make the informed decisions needed to compete and succeed in the marketplace. The main objective of the study is to present a comprehensive analysis of the current market and the future direction of the market.
Recent Reports
Nonwoven Filter Media: Global Markets
The global market for nonwoven filter media is expected to grow from $6.6 billion in 2024 to reach $8.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 through 2029.
Global Green Steel Market
The global green steel market is expected to grow from $7.4 billion in 2024 to $19.4 billion by 2029, at a compound annual growth rate (CAGR) of 21.4% from 2024 through 2029.
Aerospace Ceramics: Global Markets to 2029
The global market for aerospace ceramics was valued at $5.3 billion in 2024. It is expected to grow from $5.6 billion in 2024 to $8.2 billion by 2029, at a compound annual growth rate (CAGR) of 8.0% from 2024 through 2029.
2024 Advanced Materials Research Review
Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. These Research Reviews include portions of several market research reports that were published in 2024.
Global Markets for Advanced Aerospace Materials
The global market for advanced aerospace materials is estimated to increase from $29.2 billion in 2024 to reach $42.9 billion by 2029, at a compound annual growth rate (CAGR) of 8.0% from 2024 through 2029.
Top Trending Reports
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Global Diabetic Care Devices Market
The global market for diabetes monitoring devices is expected to grow from $16.6 billion in 2024 to $26.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.1% from 2024 through 2029.
Single-Cell Genomics and Proteomics: Emerging Technologies and Markets
The global market for single-cell genomics and proteomics is expected to grow from $4.0 billion in 2024 to reach $9.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 17.6% from 2024 through 2029.
Carbon Capture, Utilization & Storage Technologies
The global market for carbon capture, utilization and storage (CCUS) technologies is expected to grow from $3.4 billion in 2024 and is projected to reach $9.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.1% during the forecast period of 2024 to 2029.
Global Lithium-ion Battery Market
The global market for lithium-ion battery (LIB) is expected to grow from $117.8 billion in 2024 and is projected to reach $221.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13.5% during the forecast period of 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More