Polyethylene Furanoate Films Market Report by Application (Packaging, Industrial), and Region 2024-2032

Polyethylene Furanoate Films Market Report by Application (Packaging, Industrial), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3416
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Market Overview:

The global polyethylene furanoate films market size reached US$ 274,040 in 2023. Looking forward, IMARC Group expects the market to reach US$ 540,090 by 2032, exhibiting a growth rate (CAGR) of 7.6% during 2024-2032.

Report Attribute
 Key Statistics 
Base Year
Forecast Years
Historical Years
Market Size in 2023
US$ 274,040
Market Forecast in 2032
US$ 540,090
Market Growth Rate 2024-2032 7.6%

Polyethylene furanoate (PEF) is a bio-based polyester polymerized from 2,5- furan dicarboxylic acid (FDCA) and mono ethylene glycol (MEG) through polycondensation. It provides high tensile strength and can be processed at low temperatures, which assists in saving energy. PEF is gaining traction over the petroleum-based polyethylene terephthalate (PET) for manufacturing films that offer protection against oxygen, carbon dioxide (CO2) and water vapor. Consequently, they are employed in the food and beverage (F&B) industry to extend the shelf life of products and reduce wastage during transportation and storage.

Polyethylene Furanoate Films Market Report

PEF films are biodegradable as they are produced using bio-feedstock, such as corn, wood, bagasse and wheat-based sugars. A considerable shift towards bio-based and renewable materials due to growing environmental concerns and the rising need to reduce dependency on fossil resources represents one of the key factors influencing the market positively. Moreover, PEF films are thin and non-toxic and enhance the sustainability of the packaged materials, minimize the use of raw material and reduce the overall costs. The increasing trend of sustainable products and lightweight and green packaging is promoting the adoption of PEF films in the cosmetics, pharmaceutical and F&B industries worldwide. It is also finding applications in microwaves, tape backing, plastic cards, protective coatings and flexible printed circuits. Besides this, as PEF films reduce waste and carbon emissions, they are anticipated to find usage in the electronics industry for fabricating flexible organic thin film transistors and organic photovoltaics (OPV).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global polyethylene furanoate films market report, along with forecasts at the global, regional and counrty level from 2024-2032. Our report has categorized the market based on application.

Breakup by Application:

Polyethylene Furanoate Films Market Report

  • Packaging
    • Food and Beverages
    • Electronics
    • Pharmaceuticals
    • Others
  • Industrial

Breakup by Region:

Polyethylene Furanoate Films Market Report

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ALPLA Werke Alwin Lehner GmbH & Co. KG, AVA Biochem AG, Avantium Technologies B.V., Danone S.A., Swicofil AG, The Coca-Cola Company and Toyobo Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$
Segment Coverage Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ALPLA Werke Alwin Lehner GmbH & Co. KG, AVA Biochem AG, Avantium Technologies B.V., Danone S.A., Swicofil AG, The Coca-Cola Company and Toyobo Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the global polyethylene furanoate films market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global polyethylene furanoate films market?
  • What are the key regional markets?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global polyethylene furanoate films market and who are the key players?
  • What is the degree of competition in the industry?

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Polyethylene Furanoate Films Market Report by Application (Packaging, Industrial), and Region 2024-2032
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