© 2017 Global Market Insights, Inc. USA. All Rights Reserved Polyethylene Furanoate (PEF) Market Size, Industry Analysis Report, Regional Outlook(U.S., Canada, Germany, UK, France, Spain, Italy, Japan, India, China, Australia, Brazil, Mexico, Saudi Arabia, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025 Polyethylene Furanoate (PEF) Market to Witness A Phenomenal Growth over 2018 to 2025

Global Market Scenario of Polyethylene Furanoate Market © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Polyethylene furanoate (PEF) are biodegradable polymer which hold significant light weight properties. Global polyethylene furanoate market has been driven by its application in packaging industry.  For instance, the Coca-Cola Company, one of the leading beverage manufacturing company which use polyethylene furanoate (PEF) for their beverage packaging, has witnessed rise in their total revenue during from USD 7.7 billion to USD 8.9 billion respectively.  Such traits exhibit that beverage manufacturing companies are growing phenomenally in recent years, thus growth in end-user industries will positively influences global polyethylene furanoate (PEF) market.  Food & beverage industry have doubled in terms of revenue and size over past 10 years, such as in Europe food & beverage industry had reached over USD billion by the end of  Rise in consumption of food and beverage products across the globe will increase the usage of polyethylene furanoate (PEF) in packaging application.  Significant growth in food and beverage industry across the globe will drive the polyethylene furanoate (PEF) market.

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- Global polyethylene furanoate market have been segmented based on application such as bottle, films and fibre. Application of polyethylene furanoate for manufacturing beverage bottle will grow significantly owing to rise in global beverage consumption. For instance, Spain beer consumption rose about 38,634 hectolitres in 2016, from 35,199 hectolitres in 2010; beer consumption in France was 19,730 hectolitres in 2010 and reached 21,290 hectolitres by Poland also had substantial rise in beer consumption, rising from 34,484 hectolitres in 2010 to 37,903 in Regional Trends:- Europe holds potential growth in polyethylene furanoate market, this region contributes significant share toward beverage consumption which is likely to favour global polyethylene furanoate market. Asia Pacific countries such as China and India, are among one of the highest populated countries which increase the consumption of packaged food and beverage products positively impacting the polyethylene furanoate market over the forecast timeframe.

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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Competitive Trends: Polyethylene furanoate market is at nascent stage, Avantium one of the manufacturing company had announced that it is planning to extend the pilot phase of polyethylene furanoate product to optimize future commercial-scale production. Thus, there are few numbers of manufacturer in global polyethylene furanoate market, other manufacture of the market is TOYOBO CO., LTD

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