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 Growth & Trends
Global Bio-based PET Industry Growth and Trends Forecast to 2032
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 provides a structured, data-driven view of the global Bio-based PET market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Bio-based PET market size, estimates, and forecasts are presented in terms of sales volume (K MT) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Bio-based PET market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Bio-based PET.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Bio-based PET market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Bio-based PET manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Bio-based PET in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Bio-based PET Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Bio-based PET Sales Estimates and Forecasts (2021-2032)
- 1.3 Bio-based PET Market by Type
- 1.3.1 Bio-based PET Bottles
- 1.3.2 Bio-based PET Fibers
- 1.3.3 Bio-based PET Films
- 1.3.4 Others
- 1.4 Global Bio-based PET Market Size by Type
- 1.4.1 Global Bio-based PET Market Size Overview by Type (2021-2032)
- 1.4.2 Global Bio-based PET Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Bio-based PET Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Bio-based PET Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Bio-based PET Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Bio-based PET Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Bio-based PET Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Bio-based PET Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Bio-based PET Industry Trends
- 2.2 Bio-based PET Industry Drivers
- 2.3 Bio-based PET Industry Opportunities and Challenges
- 2.4 Bio-based PET Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Bio-based PET Revenue (2021-2026)
- 3.2 Global Top Players by Bio-based PET Sales (2021-2026)
- 3.3 Global Top Players by Bio-based PET Price (2021-2026)
- 3.4 Global Bio-based PET Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Bio-based PET Major Company Production Sites & Headquarters
- 3.6 Global Bio-based PET Company, Product Type & Application
- 3.7 Global Bio-based PET Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Bio-based PET Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Bio-based PET Players Market Share by Revenue in 2025
- 3.8.3 2025 Bio-based PET Tier 1, Tier 2, and Tier 3
4 Bio-based PET Regional Status and Outlook
- 4.1 Global Bio-based PET Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Bio-based PET Historic Market Size by Region
- 4.2.1 Global Bio-based PET Sales in Volume by Region (2021-2026)
- 4.2.2 Global Bio-based PET Sales in Value by Region (2021-2026)
- 4.2.3 Global Bio-based PET Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Bio-based PET Forecasted Market Size by Region
- 4.3.1 Global Bio-based PET Sales in Volume by Region (2027-2032)
- 4.3.2 Global Bio-based PET Sales in Value by Region (2027-2032)
- 4.3.3 Global Bio-based PET Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Bio-based PET by Application
- 5.1 Bio-based PET Market by Application
- 5.1.1 Packaging Industry
- 5.1.2 Automotive Industry
- 5.1.3 Electronics Industry
- 5.1.4 Textile Industry
- 5.1.5 Others
- 5.2 Global Bio-based PET Market Size by Application
- 5.2.1 Global Bio-based PET Market Size Overview by Application (2021-2032)
- 5.2.2 Global Bio-based PET Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Bio-based PET Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Bio-based PET Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Bio-based PET Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Bio-based PET Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Bio-based PET Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Bio-based PET Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Toray Industries
- 6.1.1 Toray Industries Company Information
- 6.1.2 Toray Industries Business Overview
- 6.1.3 Toray Industries Bio-based PET Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Toray Industries Bio-based PET Product Portfolio
- 6.1.5 Toray Industries Recent Developments
- 6.2 Plastipak Holdings
- 6.2.1 Plastipak Holdings Company Information
- 6.2.2 Plastipak Holdings Business Overview
- 6.2.3 Plastipak Holdings Bio-based PET Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Plastipak Holdings Bio-based PET Product Portfolio
- 6.2.5 Plastipak Holdings Recent Developments
- 6.3 Indorama Ventures
- 6.3.1 Indorama Ventures Company Information
- 6.3.2 Indorama Ventures Business Overview
- 6.3.3 Indorama Ventures Bio-based PET Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Indorama Ventures Bio-based PET Product Portfolio
- 6.3.5 Indorama Ventures Recent Developments
- 6.4 Teijin
- 6.4.1 Teijin Company Information
- 6.4.2 Teijin Business Overview
- 6.4.3 Teijin Bio-based PET Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Teijin Bio-based PET Product Portfolio
- 6.4.5 Teijin Recent Developments
- 6.5 Anellotech
- 6.5.1 Anellotech Company Information
- 6.5.2 Anellotech Business Overview
- 6.5.3 Anellotech Bio-based PET Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Anellotech Bio-based PET Product Portfolio
- 6.5.5 Anellotech Recent Developments
- 6.6 Far Eastern New Century
- 6.6.1 Far Eastern New Century Company Information
- 6.6.2 Far Eastern New Century Business Overview
- 6.6.3 Far Eastern New Century Bio-based PET Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Far Eastern New Century Bio-based PET Product Portfolio
- 6.6.5 Far Eastern New Century Recent Developments
- 6.7 Toyota Tsusho
- 6.7.1 Toyota Tsusho Company Information
- 6.7.2 Toyota Tsusho Business Overview
- 6.7.3 Toyota Tsusho Bio-based PET Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Toyota Tsusho Bio-based PET Product Portfolio
- 6.7.5 Toyota Tsusho Recent Developments
- 6.8 Coca-Cola
- 6.8.1 Coca-Cola Company Information
- 6.8.2 Coca-Cola Business Overview
- 6.8.3 Coca-Cola Bio-based PET Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Coca-Cola Bio-based PET Product Portfolio
- 6.8.5 Coca-Cola Recent Developments
7 North America by Country
- 7.1 North America Bio-based PET Sales by Country
- 7.1.1 North America Bio-based PET Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Bio-based PET Sales by Country (2021-2026)
- 7.1.3 North America Bio-based PET Sales Forecast by Country (2027-2032)
- 7.2 North America Bio-based PET Market Size by Country
- 7.2.1 North America Bio-based PET Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Bio-based PET Market Size by Country (2021-2026)
- 7.2.3 North America Bio-based PET Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Bio-based PET Sales by Country
- 8.1.1 Europe Bio-based PET Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Bio-based PET Sales by Country (2021-2026)
- 8.1.3 Europe Bio-based PET Sales Forecast by Country (2027-2032)
- 8.2 Europe Bio-based PET Market Size by Country
- 8.2.1 Europe Bio-based PET Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Bio-based PET Market Size by Country (2021-2026)
- 8.2.3 Europe Bio-based PET Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Bio-based PET Sales by Country
- 9.1.1 Asia-Pacific Bio-based PET Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Bio-based PET Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Bio-based PET Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Bio-based PET Market Size by Country
- 9.2.1 Asia-Pacific Bio-based PET Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Bio-based PET Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Bio-based PET Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Bio-based PET Sales by Country
- 10.1.1 South America Bio-based PET Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Bio-based PET Sales by Country (2021-2026)
- 10.1.3 South America Bio-based PET Sales Forecast by Country (2027-2032)
- 10.2 South America Bio-based PET Market Size by Country
- 10.2.1 South America Bio-based PET Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Bio-based PET Market Size by Country (2021-2026)
- 10.2.3 South America Bio-based PET Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Bio-based PET Sales by Country
- 11.1.1 Middle East and Africa Bio-based PET Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Bio-based PET Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Bio-based PET Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Bio-based PET Market Size by Country
- 11.2.1 Middle East and Africa Bio-based PET Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Bio-based PET Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Bio-based PET Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Bio-based PET Value Chain Analysis
- 12.1.1 Bio-based PET Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Bio-based PET Production Mode & Process
- 12.2 Bio-based PET Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Bio-based PET Distributors
- 12.2.3 Bio-based PET Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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