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Report

Asia Pacific Bio-Based Polyethylene Terephthalate Market Report and Forecast 2024-2032

Market Report I 2023-12-11 I 167 Pages I EMR Inc.

Asia Pacific Bio-Based Polyethylene Terephthalate Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Asia Pacific bio-based polyethylene terephthalate market is projected to grow at a CAGR of 12.10% between 2024 and 2032. Aided by the soaring demand for sustainable packaging alternatives and the intensifying industrial shift towards green materials, the market is expected to grow significantly by 2032.
Bio-based PET, a promising facet of the larger PET family, primarily comprises ethylene derived from renewable resources, such as sugarcane. It stands as a potent replacement to its conventional fossil fuel-based counterpart, offering identical physical properties but with a considerably reduced carbon footprint. Industries have discerned its potential across a plethora of applications, most prominently in packaging, automotive interiors, and electronic casings.
In the contemporary age, sustainability is more than just a buzzword; it's a directive. The Asia Pacific region, led by behemoths like China and India, has witnessed an unparalleled surge in consumer consciousness, thereby influencing the Asia Pacific bio-based polyethylene terephthalate market outlook. This awareness, combined with legislative pushes, has pivoted industries towards sustainable materials, consequently bolstering the bio-based PET market.
Further bolstering its demand is the burgeoning beverage industry in the region. Renowned brands, in their quest for eco-friendly packaging alternatives, have shown a proclivity for bio-based PET bottles. These bottles, offering the twin advantage of durability and biodegradability, have emerged as a preferred choice, thereby amplifying the Asia Pacific bio-based polyethylene terephthalate market demand.
Yet, the applications of bio-based PET transcend the beverage niche. The automotive sector, driven by both consumer preferences and stringent environmental regulations, is progressively incorporating bio-based PET in car interiors. Such integrations not only enhance the vehicle's green quotient but also provide superior aesthetics and tactile feel.
Similarly, the electronics sector, with its ceaseless growth in the Asia Pacific, has adopted bio-based PET for the casings of various gadgets. As per the Asia Pacific bio-based polyethylene terephthalate market analysis, the material's inherent properties, such as resistance to wear and excellent insulation, combined with its eco-friendly nature, render it a frontrunner in the industry's material choices.
Asia Pacific's burgeoning research landscape is also making waves in the bio-based PET realm. Academic and industrial consortia are collaboratively delving into its potentialities, seeking ways to enhance its properties and reduce production costs. Innovations, like improved biodegradation rates and enhanced strength-to-weight ratios, are continually emerging from these hubs, fortifying the market's growth trajectory.
Moreover, as the global narrative intensifies around carbon neutrality, Asia Pacific nations are prioritising the adoption and promotion of green materials. Incentives, subsidies, and policy frameworks, tailored to boost the production and uptake of bio-based PET, are becoming increasingly prevalent, offering a conducive environment for the Asia Pacific bio-based polyethylene terephthalate market growth.
Market Segmentation
The market can be divided based on application, end use, distribution channels, and country.
Market Breakup by Application
- Bottles
- Textile Fabrics
- Sheet and Foam
- Film and Adhesive Tapes
- Others
Market Breakup by End Use
- Beverages
- Food Industry
- Textile
- Automotive
- Pharmaceuticals
- Others
Market Breakup by Distribution Channels
- Direct
- Indirect
Market Breakup by Country
- China
- Japan
- India
- South Korea
- Taiwan
- Australia
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Asia Pacific bio-based polyethylene terephthalate market. Some of the major players explored in the report by Expert Market Research are as follows:
- Teijin Limited
- Indorama Ventures
- Braskem
- FKuR Kunststoff GmbH
- Toray Industries, Inc.
- Far Eastern New Century Corporation
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Bio-Based Polyethylene Terephthalate Market Overview
8.1 Key Industry Highlights
8.2 Global Bio-Based Polyethylene Terephthalate Historical Market (2018-2023)
8.3 Global Bio-Based Polyethylene Terephthalate Market Forecast (2024-2032)
9 Asia Pacific Bio-Based Polyethylene Terephthalate Market Analysis
9.1 Key Industry Highlights
9.2 Asia Pacific Bio-Based Polyethylene Terephthalate Historical Market (2018-2023)
9.3 Asia Pacific Bio-Based Polyethylene Terephthalate Market Forecast (2024-2032)
9.4 Asia Pacific Bio-Based Polyethylene Terephthalate Market by Application
9.4.1 Bottles
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2023)
9.4.1.3 Forecast Trend (2024-2032)
9.4.2 Textile Fabrics
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2023)
9.4.2.3 Forecast Trend (2024-2032)
9.4.3 Sheet and Foam
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2023)
9.4.3.3 Forecast Trend (2024-2032)
9.4.4 Film and Adhesive Tapes
9.4.4.1 Market Share
9.4.4.2 Historical Trend (2018-2023)
9.4.4.3 Forecast Trend (2024-2032)
9.4.5 Others
9.5 Asia Pacific Bio-Based Polyethylene Terephthalate Market by End Use
9.5.1 Beverages
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2023)
9.5.1.3 Forecast Trend (2024-2032)
9.5.2 Food Industry
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2023)
9.5.2.3 Forecast Trend (2024-2032)
9.5.3 Textile
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2018-2023)
9.5.3.3 Forecast Trend (2024-2032)
9.5.4 Automotive
9.5.4.1 Market Share
9.5.4.2 Historical Trend (2018-2023)
9.5.4.3 Forecast Trend (2024-2032)
9.5.5 Pharmaceuticals
9.5.5.1 Market Share
9.5.5.2 Historical Trend (2018-2023)
9.5.5.3 Forecast Trend (2024-2032)
9.5.6 Others
9.6 Asia Pacific Bio-Based Polyethylene Terephthalate Market by Distribution Channels
9.6.1 Direct
9.6.1.1 Market Share
9.6.1.2 Historical Trend (2018-2023)
9.6.1.3 Forecast Trend (2024-2032)
9.6.2 Indirect
9.6.2.1 Market Share
9.6.2.2 Historical Trend (2018-2023)
9.6.2.3 Forecast Trend (2024-2032)
9.7 Asia Pacific Bio-Based Polyethylene Terephthalate Market by Country
9.7.1 China
9.7.1.1 Market Share
9.7.1.2 Historical Trend (2018-2023)
9.7.1.3 Forecast Trend (2024-2032)
9.7.2 Japan
9.7.2.1 Market Share
9.7.2.2 Historical Trend (2018-2023)
9.7.2.3 Forecast Trend (2024-2032)
9.7.3 India
9.7.3.1 Market Share
9.7.3.2 Historical Trend (2018-2023)
9.7.3.3 Forecast Trend (2024-2032)
9.7.4 South Korea
9.7.4.1 Market Share
9.7.4.2 Historical Trend (2018-2023)
9.7.4.3 Forecast Trend (2024-2032)
9.7.5 Taiwan
9.7.5.1 Market Share
9.7.5.2 Historical Trend (2018-2023)
9.7.5.3 Forecast Trend (2024-2032)
9.7.6 Australia
9.7.6.1 Market Share
9.7.6.2 Historical Trend (2018-2023)
9.7.6.3 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Teijin Limited
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Indorama Ventures
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Braskem
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 FKuR Kunststoff GmbH
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Toray Industries, Inc.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Far Eastern New Century Corporation
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Key Trends and Developments in the Market

List of Key Figures and Tables
1. Global Bio-Based Polyethylene Terephthalate Market: Key Industry Highlights (USD Million), 2018 and 2032
2. Asia Pacific Bio-Based Polyethylene Terephthalate Market: Key Industry Highlights (KMT), 2018 and 2032
3. Asia Pacific Bio-Based Polyethylene Terephthalate Market: Key Industry Highlights (USD Million), 2018 and 2032
4. Asia Pacific Bio-Based Polyethylene Terephthalate Historical Market: Breakup by Application (USD Million), 2018-2023
5. Asia Pacific Bio-Based Polyethylene Terephthalate Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Asia Pacific Bio-Based Polyethylene Terephthalate Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Asia Pacific Bio-Based Polyethylene Terephthalate Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Asia Pacific Bio-Based Polyethylene Terephthalate Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
9. Asia Pacific Bio-Based Polyethylene Terephthalate Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
10. Asia Pacific Bio-Based Polyethylene Terephthalate Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Bio-Based Polyethylene Terephthalate Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Bio-Based Polyethylene Terephthalate Market Structure

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