Bio-based Polyethylene Terephthalate (PET) Market Analysis By Application (Packaging, Technical, Consumer Goods) And Segment Forecasts To 2020

Published: Nov, 2014 | Pages: 80 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

Global Bio-Based Polyethylene Terephthalate (PET) Market is expected to reach 5,800 kilo tons by 2020, according to a new study by Grand View Research, Inc. Volatile crude oil prices and growing sustainable packaging market have fuelled bio-based PET market growth in packaging, automotive and electronic applications. Growing GHG emission concerns has fuelled demand for eco-friendly substitute, which is expected to boost bio-based PET market growth in the near future. Companies such as The Coca Cola Company, Heinz & Co., Ford Motors, Nike Co. and Proctor & Gamble have signed Plant PET Technology Collaborative (PTC), intended for development and use of 100% bio-based PET in their product offerings. These developments are expected to provide new market opportunities over the forecast period.

Bio-based PET was predominantly used for the packaging of CSD (Carbonated Soft Drinks), accounting for more than 75% of market share in 2013. Growing beverage consumption in emerging markets of BRICS is expected to drive bio based PET market growth. CSD marketing companies such as Coca-Cola are committed on promoting the use of bio-based PET in packaging, which is expected to have a major impact on market growth in the near future.

Further key findings from the study suggest:

Bio based PET is also used in technical applications such as electronics and automotive vehicles. Growing demand for lightweight material in automobiles is expected to propel bio-based plastics demand, resulting in bio-based PET market growth over the forecast period.
Asia Pacific accounted for over 30% of global bio based PET demand in 2013. The Japanese government’s target of 20% of bio-based plastics consumption by 2020 coupled with application growth of packaging and technical applications in China and India is expected to boost regional market growth over the next six years.
European Commission has included bio-based production as a key priority area intended for increasing industry share in EU’s GDP from 15% to 20%, which in turn is expected to provide new opportunities for the market in the near future.
The market is expected to be highly competitive, on account of limited presence of manufacturers such as Coca-Cola Company, Toyota Tsusho and Teijin Limited. Raw material manufacturers including Gevo, Virent and Anellotech have invested in the development of fully bio-based PTA, intended for 100% bio-based PET production.
For the purpose of this study, Grand View Research has segmented the global bio-based PET market on the basis of application and region:

Bio based PET Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• Packaging (Bottles)
• Technical (Automotive & Electronics)
• Consumer goods
• Other Packaging
Bio based PET Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW

 Table of Contents
Chapter 1 Executive Summary

                1.1 Bio based PET - Industry Summary & Critical Success Factors (CSFs)          

Chapter 2 Bio based PET Industry Outlook

                2.1 Market Segmentation

                2.2 Market Size and Growth Prospects

                2.3 Bio based PET Value Chain Analysis                                          

                2.4 Bio based PET Market Dynamics

                    2.4.1 Market driver analysis

                        2.4.1.1 Volatility in crude oil prices

                        2.4.1.2 Growing sustainable packaging market

                        2.4.1.3 Eco-friendly substitution

                    2.4.2 Market restraint analysis

                        2.4.2.1. Uncertain feedstock supply

                        2.4.2.2. Threat of substitutes

                2.5 Key Opportunities Prioritized                                           

                2.6 Industry Analysis - Porter's

                2.7 Bio based PET Competitive Landscape

                2.8 Bio based PET - PESTEL Analysis         

Chapter 3 Bio based PET Application Outlook

                3.1 Global Bio based PET market share by application, 2013 & 2020

                3.2 Bottles

                    3.2.1 Market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)

                    3.2.2 Market estimates and forecast, by region, 2012-2020, (Kilo Tons) (USD Million)

                3.3 Technical (Automotive & Electronics)

                    3.3.1 Market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)

                    3.3.2 Market estimates and forecast, by region, 2012-2020, (Kilo Tons) (USD Million)

                3.3 Consumer goods

                    3.3.1 Market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)

                    3.3.2 Market estimates and forecast, by region, 2012-2020, (Kilo Tons) (USD Million)

                3.4 Other Packaging

                    3.4.1 Market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)

                    3.4.2 Market estimates and forecast, by region, 2012-2020, (Kilo Tons) (USD Million)

Chapter 4 Bio based PET Regional Outlook

                4.1 Global Bio based PET market share by region, 2013 & 2020

                4.2 North America

                    4.2.1 Market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)

                    4.2.2 Market estimates and forecast by application, 2012-2020, (Kilo Tons) (USD Million)

                4.3 Europe

                    4.3.1 Market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)

                    4.3.2 Market estimates and forecast by application, 2012-2020, (Kilo Tons) (USD Million)

                4.4 Asia Pacific

                    4.4.1 Market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)

                    4.4.2 Market estimates and forecast by application, 2012-2020, (Kilo Tons) (USD Million)

                4.5 RoW

                    4.5.1 Market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)

                    4.5.2 Market estimates and forecast by application, 2012-2020, (Kilo Tons) (USD Million)

Chapter 5 Competitive Landscape                                                    

                5.1 The Coca Cola Company

                    5.1.1 Company Overview

                    5.1.2 Financial Performance

                    5.1.3 Product Benchmarking

                    5.1.4 Strategic Initiatives

                5.2 Toyota Tsusho

                    5.2.1 Company Overview

                    5.2.2 Financial Performance

                    5.2.3 Product Benchmarking

                    5.2.4 Strategic Initiatives

                5.3 Toray Industries

                    5.3.1 Company Overview

                    5.3.2 Financial Performance

                    5.3.3 Product Benchmarking

                    5.3.4 Strategic Initiatives

                5.4 M& G Chemicals.

                    5.4.1 Company Overview

                    5.4.2 Financial Performance

                    5.4.3 Product Benchmarking

                    5.4.4 Strategic Initiatives

                5.5 Teijin Limited

                    5.5.1 Company Overview

                    5.5.2 Financial Performance

                    5.5.3 Product Benchmarking

                    5.5.4 Strategic Initiatives

                5.6 Plastipak technologies

                    5.6.1 Company Overview

                    5.6.2 Financial Performance

                    5.6.3 Product Benchmarking

                    5.6.4 Strategic Initiatives           

Chapter 6 Methodology & Scope                                      

                6.1 Research Methodology                                       

                6.2 Research Scope & Assumptions                                     

                6.3 List of Data Sources


List of Tables


1. Bio based PET - Industry Summary & Critical Success Factors (CSFs)
2. Global Bio based PET market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)
3. Global Bio based PET market volume by region, 2012-2020, (Kilo Tons) 
4. Global Bio based PET market revenue by region, 2012-2020, (USD Million)
5. Global Bio based PET market volume by application, 2012-2020, (Kilo Tons)
6. Global Bio based PET market revenue by application, 2012-2020, (USD Million)
7. Bio based PET - Key market driver analysis
8. Bio based PET - Key market restraint analysis
9. Global Bio based PET market estimates and forecast by application , 2012-2020, (Kilo Tons) (USD Million)
10. Global Bio based PET market estimates and forecast in bottles, 2012-2020, (Kilo Tons) (USD Million)
11. Global Bio based PET market volume estimates and forecast in bottles, by region, 2012-2020, (Kilo Tons) 
12. Global Bio based PET market revenue estimates and forecast in bottles, by region, 2012-2020, (USD Million)
13. Global Bio based PET market estimates and forecast in technical applications, 2012-2020, (Kilo Tons) (USD Million)
14. Global Bio based PET market volume estimates and forecast in technical applications, by region, 2012-2020, (Kilo Tons) 
15. Global Bio based PET market revenue estimates and forecast in technical applications, by region, 2012-2020, (USD Million)
16. Global Bio based PET market estimates and forecast in consumer goods, 2012-2020, (Kilo Tons) (USD Million)
17. Global Bio based PET market volume estimates and forecast in consumer goods, by region, 2012-2020, (Kilo Tons)
18. Global Bio based PET market revenue estimates and forecast in consumer goods, by region, 2012-2020, (USD Million)
19. Global Bio based PET market estimates and forecast in other packaging, 2012-2020, (Kilo Tons) (USD Million)
20. Global Bio based PET market volume estimates and forecast in other packaging, by region, 2012-2020, (Kilo Tons)
21. Global Bio based PET market revenue estimates and forecast in other packaging, by region, 2012-2020, (USD Million)
22. Global Bio based PET market estimates and forecast by region, 2012-2020, (Kilo Tons) (USD Million)
23. North America Bio based PET market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)
24. North America Bio based PET market volume estimates and forecast by application, 2012-2020 (Kilo Tons)
25. North America Bio based PET market revenue estimates and forecast by application, 2012-2020 (USD Million)
26. Europe Bio based PET market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)
27. Europe Bio based PET market volume estimates and forecast by application, 2012-2020 (Kilo Tons)
28. Europe Bio based PET market revenue estimates and forecast by application, 2012-2020 (USD Million)
29. Asia Pacific Bio based PET market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)
30. Asia Pacific Bio based PET market volume estimates and forecast by application, 2012-2020 (Kilo Tons)
31. Asia Pacific Bio based PET market revenue estimates and forecast by application, 2012-2020 (USD Million)
32. RoW Bio based PET market estimates and forecast, 2012-2020, (Kilo Tons) (USD Million)
33. RoW Bio based PET market volume estimates and forecast by application, 2012-2020 (Kilo Tons)
34. RoW Bio based PET market revenue estimates and forecast by application, 2012-2020 (USD Million)


List of Figures

1. Bio based PET market segmentation
2. Global Bio based PET market estimates and forecast, 2012 - 2020, (Kilo Tons) (USD million)
3. Bio based PET - Value chain analysis
4. Bio based PET - Market dynamics
5. Key opportunities prioritized
6. Industry analysis - Porter's
7. Bio based PET PESTEL analysis, 2013
8. Global Bio based PET market volume share by application, 2013 & 2020
9. Global Bio based PET market estimates and forecast in bottles, 2012-2020, (Kilo Tons) (USD Million)
10. Global Bio based PET market estimates and forecast in technical applications, 2012-2020, (Kilo Tons) (USD Million)
11. Global Bio based PET market estimates and forecast in consumer goods, 2012-2020, (Kilo Tons) (USD Million)
12. Global Bio based PET market estimates and forecast in other applications, 2012-2020, (Kilo Tons) (USD Million)
13. Global Bio based PET market volume share by region, 2013 & 2020
14. Global Bio based PET market estimates and forecast in consumer goods, 2012-2020, (Kilo Tons) (USD Million)
15. North America Bio based PET market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)
16. Europe Bio based PET market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)
17. Asia Pacific Bio based PET market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)
18. RoW Bio based PET market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)