Global Bio-Polyethylene Terephthalate Market Expected To Reach USD$ 1240 Million By 2020


Posted June 26, 2017 by ridnhgnjsia

Bio-polyethylene terephthalate is a thermosetting resin, manufactured from bio-based ethylene glycol.

 
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Global Bio-Polyethylene Terephthalate Market Expected To Reach USD$ 1240 Million By 2020
Bio-polyethylene terephthalate is a thermosetting resin, manufactured from bio-based ethylene glycol.
Thanks to the increasing consumer demand for environment-friendly products, the growing demand for bio-PET for manufacturing various packaging solutions including bottles is expected to drive demand. According to a brand new research, the Bio-Polyethylene Terephthalate market is expected to reach USD$ 1240 million by 2020.
Base on application, it is primarily used to manufacture packaging products such as bottles, consumer goods, food packaging, and others. Due to its superior properties in comparison to the petroleum-based products, there is an increasing demand of such materials among end-user industries, such as remodeling or construction, automobile, and consumer goods.


The Full Report:
http://www.gosreports.com/global-2d-fingerprint-sensors-market-research-report-2017/
……………………The bottles application segment of this market accounted for a share of 96% in 2015. This growth is mainly attributed to the increasing demand for bottles among various industries, such as food & beverage, and medical among others.
On the basis of material, Bio-based PET is dominating the market as it is a naturally derived polyester resin that is used for the production of numerous products including bottles, packaged goods, automotive interiors, construction goods, and electronic.
The global leading companies in Bio-Polyethylene Terephthalate market are Toyota Tsusho Corporation, Teijin Limited, Gevo Inc., Toray Industries, Inc., Virent Inc., China Man-Made Fiber Corporation, The Coca Cola Company – Anellotech, Inc., Clear Lam Packaging Inc., among others.
Global Bio-Polyethylene Terephthalate market share by region as following:


More Information:
http://www.gosreports.com/global-tobii-eye-tracking-market-research-report-2017/

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Last Updated June 26, 2017