APO RESEARCH · REPORT
Bio-based PET
Bio-based PET is basically composed of monoethylene glycol (MEG) and terephthalic acid (PTA) and is biodegradable. It is widely used in the production of a variety of packaging solutions, mainly used in the food and beverage industry and the automotive industry. It also has numerous applications in making bottles, packaged goods, car interiors and building materials. The emergence of biodegradable bioplastics in manufacturing and packaging solutions has provided a strong impetus for the development of the bio-based PET market. An increasing number of eco-friendly products tend to use bio-friendly products among consumers around the world, as well as strict environmental regulations that promote the use of environmentally friendly products in all industries, leading to a strong demand for Bio-based PET materials.
Product & engineering
Understand the product.
Bio-based PET is basically composed of monoethylene glycol (MEG) and terephthalic acid (PTA) and is biodegradable. It is widely used in the production of a variety of packaging solutions, mainly used in the food and beverage industry and the automotive industry. It also has numerous applications in making bottles, packaged goods, car interiors and building materials. The emergence of biodegradable bioplastics in manufacturing and packaging solutions has provided a strong impetus for the development of the bio-based PET market. An increasing number of eco-friendly products tend to use bio-friendly products among consumers around the world, as well as strict environmental regulations that promote the use of environmentally friendly products in all industries, leading to a strong demand for Bio-based PET materials.
Selected research
Industry Research
Bio-based PET Industry Research Report 2026
Market perspective
Bio-based PET is basically composed of monoethylene glycol (MEG) and terephthalic acid (PTA) and is biodegradable. It is widely used in the production of a variety of packaging solutions, mainly used in the food and beverage industry and the automotive industry. It also has numerous applications in making bottles, packaged goods, car interiors and building materials. The emergence of biodegradable bioplastics in manufacturing and packaging solutions has provided a strong impetus for the development of the bio-based PET market. An increasing number of eco-friendly products tend to use bio-friendly products among consumers around the world, as well as strict environmental regulations that promote the use of environmentally friendly products in all industries, leading to a strong demand for Bio-based PET materials.
For the production and consumption of Bio-based PET, the global consumption distribution is mainly focused in the areas of Asia-Pacific, which is expected to take up about 41.42% of the market share in 2018. The top three companies in the industry are Toray Industries, Plastipak Holdings, and Teijin, which account for nearly 30% of the market share. The industry is a monopolistic competitive market. Bio-based PET is used in Packaging Industry, Automotive Industry, Electronics Industry, Textile Industry, etc. In 2018, Packaging Industry accounted for a major share of 67.67% the global Bio-based PET market, the revenue of this segment is 578.03 million USD in 2018.
Report Scope
Read the full market overview
This report quantifies the global Bio-based PET market in revenue (US$ million) and, where applicable, sales volume (K MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Bio-based PET.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Bio-based PET Market by Company
Toray Industries
Plastipak Holdings
Indorama Ventures
Teijin
Anellotech
Far Eastern New Century
Toyota Tsusho
Coca-Cola
Bio-based PET Segment by Type
Bio-based PET Bottles
Bio-based PET Fibers
Bio-based PET Films
Others
Bio-based PET Segment by Application
Packaging Industry
Automotive Industry
Electronics Industry
Textile Industry
Others
Bio-based PET Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Bio-based PET market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Bio-based PET and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Bio-based PET.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Bio-based PET manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Bio-based PET by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Bio-based PET in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Bio-based PET Bottles
- Bio-based PET Fibers
- Bio-based PET Films
- Others
Applications
- Packaging Industry
- Automotive Industry
- Electronics Industry
- Textile Industry
- Others
Companies covered
- Toray Industries
- Plastipak Holdings
- Indorama Ventures
- Teijin
- Anellotech
- Far Eastern New Century
- Toyota Tsusho
- Coca-Cola
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Bio-based PET by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Bio-based PET Bottles
- 2.2.3 Bio-based PET Fibers
- 2.2.4 Bio-based PET Films
- 2.2.5 Others
- 2.3 Bio-based PET by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Packaging Industry
- 2.3.3 Automotive Industry
- 2.3.4 Electronics Industry
- 2.3.5 Textile Industry
- 2.3.6 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Bio-based PET Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Bio-based PET Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Bio-based PET Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Bio-based PET Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Bio-based PET Production by Manufacturers (2021-2026)
- 3.2 Global Bio-based PET Production Value by Manufacturers (2021-2026)
- 3.3 Global Bio-based PET Average Price by Manufacturers (2021-2026)
- 3.4 Global Bio-based PET Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Bio-based PET Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Bio-based PET Manufacturers, Product Type & Application
- 3.7 Global Bio-based PET Manufacturers Established Date
- 3.8 Global Bio-based PET Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Toray Industries
- 4.1.1 Toray Industries Bio-based PET Company Information
- 4.1.2 Toray Industries Bio-based PET Business Overview
- 4.1.3 Toray Industries Bio-based PET Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Toray Industries Product Portfolio
- 4.1.5 Toray Industries Recent Developments
- 4.2 Plastipak Holdings
- 4.2.1 Plastipak Holdings Bio-based PET Company Information
- 4.2.2 Plastipak Holdings Bio-based PET Business Overview
- 4.2.3 Plastipak Holdings Bio-based PET Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Plastipak Holdings Product Portfolio
- 4.2.5 Plastipak Holdings Recent Developments
- 4.3 Indorama Ventures
- 4.3.1 Indorama Ventures Bio-based PET Company Information
- 4.3.2 Indorama Ventures Bio-based PET Business Overview
- 4.3.3 Indorama Ventures Bio-based PET Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Indorama Ventures Product Portfolio
- 4.3.5 Indorama Ventures Recent Developments
- 4.4 Teijin
- 4.4.1 Teijin Bio-based PET Company Information
- 4.4.2 Teijin Bio-based PET Business Overview
- 4.4.3 Teijin Bio-based PET Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Teijin Product Portfolio
- 4.4.5 Teijin Recent Developments
- 4.5 Anellotech
- 4.5.1 Anellotech Bio-based PET Company Information
- 4.5.2 Anellotech Bio-based PET Business Overview
- 4.5.3 Anellotech Bio-based PET Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Anellotech Product Portfolio
- 4.5.5 Anellotech Recent Developments
- 4.6 Far Eastern New Century
- 4.6.1 Far Eastern New Century Bio-based PET Company Information
- 4.6.2 Far Eastern New Century Bio-based PET Business Overview
- 4.6.3 Far Eastern New Century Bio-based PET Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Far Eastern New Century Product Portfolio
- 4.6.5 Far Eastern New Century Recent Developments
- 4.7 Toyota Tsusho
- 4.7.1 Toyota Tsusho Bio-based PET Company Information
- 4.7.2 Toyota Tsusho Bio-based PET Business Overview
- 4.7.3 Toyota Tsusho Bio-based PET Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Toyota Tsusho Product Portfolio
- 4.7.5 Toyota Tsusho Recent Developments
- 4.8 Coca-Cola
- 4.8.1 Coca-Cola Bio-based PET Company Information
- 4.8.2 Coca-Cola Bio-based PET Business Overview
- 4.8.3 Coca-Cola Bio-based PET Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Coca-Cola Product Portfolio
- 4.8.5 Coca-Cola Recent Developments
5 Global Bio-based PET Production by Region
- 5.1 Global Bio-based PET Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Bio-based PET Production by Region: 2021-2032
- 5.2.1 Global Bio-based PET Production by Region: 2021-2026
- 5.2.2 Global Bio-based PET Production Forecast by Region (2027-2032)
- 5.3 Global Bio-based PET Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Bio-based PET Production Value by Region: 2021-2032
- 5.4.1 Global Bio-based PET Production Value by Region: 2021-2026
- 5.4.2 Global Bio-based PET Production Value Forecast by Region (2027-2032)
- 5.5 Global Bio-based PET Market Price Analysis by Region (2021-2026)
- 5.6 Global Bio-based PET Production and Value, YOY Growth
- 5.6.1 North America Bio-based PET Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Bio-based PET Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Bio-based PET Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Bio-based PET Production Value Estimates and Forecasts (2021-2032)
6 Global Bio-based PET Consumption by Region
- 6.1 Global Bio-based PET Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Bio-based PET Consumption by Region (2021-2032)
- 6.2.1 Global Bio-based PET Consumption by Region: 2021-2026
- 6.2.2 Global Bio-based PET Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Bio-based PET Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Bio-based PET Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Bio-based PET Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Bio-based PET Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Bio-based PET Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Bio-based PET Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Bio-based PET Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Bio-based PET Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Bio-based PET Production by Type (2021-2032)
- 7.1.1 Global Bio-based PET Production by Type (2021-2032) & (K MT)
- 7.1.2 Global Bio-based PET Production Market Share by Type (2021-2032)
- 7.2 Global Bio-based PET Production Value by Type (2021-2032)
- 7.2.1 Global Bio-based PET Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Bio-based PET Production Value Market Share by Type (2021-2032)
- 7.3 Global Bio-based PET Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Bio-based PET Production by Application (2021-2032)
- 8.1.1 Global Bio-based PET Production by Application (2021-2032) & (K MT)
- 8.1.2 Global Bio-based PET Production Market Share by Application (2021-2032)
- 8.2 Global Bio-based PET Production Value by Application (2021-2032)
- 8.2.1 Global Bio-based PET Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Bio-based PET Production Value Market Share by Application (2021-2032)
- 8.3 Global Bio-based PET Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Bio-based PET Value Chain Analysis
- 9.1.1 Bio-based PET Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Bio-based PET Production Mode & Process
- 9.2 Bio-based PET Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Bio-based PET Distributors
- 9.2.3 Bio-based PET Customers
10 Global Bio-based PET Analyzing Market Dynamics
- 10.1 Bio-based PET Industry Trends
- 10.2 Bio-based PET Industry Drivers
- 10.3 Bio-based PET Industry Opportunities and Challenges
- 10.4 Bio-based PET Industry Restraints
11 Report Conclusion
12 Disclaimer
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