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
Market Structure
Global Bio-based PET Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
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.
The report provides an overview of the global Bio-based PET market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
Read the full market overview
The study covers key producers of Bio-based PET and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Bio-based PET sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Bio-based PET market size, projected growth trends, production technologies, key applications, and end-use industries.
Bio-based PET Segment 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
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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: Provides an overview of the Bio-based PET market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Bio-based PET industry.
Chapter 3: Detailed analysis of Bio-based PET market competition landscape. Including Bio-based PET manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: Production/Production Value of Bio-based PET by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Bio-based PET Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Bio-based PET Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Bio-based PET Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Bio-based PET 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 Bio-based PET Market by Manufacturers
- 3.1 Global Bio-based PET Production Value by Manufacturers (2021-2026)
- 3.2 Global Bio-based PET Production 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 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 Production Value in 2025
- 3.8.3 2025 Bio-based PET Tier 1, Tier 2, and Tier 3
4 Bio-based PET Market by Type
- 4.1 Bio-based PET Type Introduction
- 4.1.1 Bio-based PET Bottles
- 4.1.2 Bio-based PET Fibers
- 4.1.3 Bio-based PET Films
- 4.1.4 Others
- 4.2 Global Bio-based PET Production by Type
- 4.2.1 Global Bio-based PET Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Bio-based PET Production by Type (2021-2032)
- 4.2.3 Global Bio-based PET Production Market Share by Type (2021-2032)
- 4.3 Global Bio-based PET Production Value by Type
- 4.3.1 Global Bio-based PET Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Bio-based PET Production Value by Type (2021-2032)
- 4.3.3 Global Bio-based PET Production Value Market Share by Type (2021-2032)
5 Bio-based PET Market by Application
- 5.1 Bio-based PET Application Introduction
- 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 Production by Application
- 5.2.1 Global Bio-based PET Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Bio-based PET Production by Application (2021-2032)
- 5.2.3 Global Bio-based PET Production Market Share by Application (2021-2032)
- 5.3 Global Bio-based PET Production Value by Application
- 5.3.1 Global Bio-based PET Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Bio-based PET Production Value by Application (2021-2032)
- 5.3.3 Global Bio-based PET Production Value Market Share by Application (2021-2032)
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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value 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 Production, Value and Gross Margin (2021-2026)
- 6.8.4 Coca-Cola Bio-based PET Product Portfolio
- 6.8.5 Coca-Cola Recent Developments
7 Global Bio-based PET Production by Region
- 7.1 Global Bio-based PET Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Bio-based PET Production by Region (2021-2032)
- 7.2.1 Global Bio-based PET Production by Region (2021-2026)
- 7.2.2 Global Bio-based PET Production Forecast by Region (2027-2032)
- 7.3 Global Bio-based PET Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Bio-based PET Production Value by Region (2021-2032)
- 7.4.1 Global Bio-based PET Production Value by Region (2021-2026)
- 7.4.2 Global Bio-based PET Production Value by Region (2027-2032)
- 7.5 Global Bio-based PET Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Bio-based PET Production Value (2021-2032)
- 7.6.2 Europe Bio-based PET Production Value (2021-2032)
- 7.6.3 Asia-Pacific Bio-based PET Production Value (2021-2032)
- 7.6.4 South America Bio-based PET Production Value (2021-2032)
- 7.6.5 Middle East & Africa Bio-based PET Production Value (2021-2032)
8 Global Bio-based PET Consumption by Region
- 8.1 Global Bio-based PET Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Bio-based PET Consumption by Region (2021-2032)
- 8.2.1 Global Bio-based PET Consumption by Region (2021-2026)
- 8.2.2 Global Bio-based PET Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Bio-based PET Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Bio-based PET Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Bio-based PET Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Bio-based PET Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Bio-based PET Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Bio-based PET Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Bio-based PET Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Bio-based PET Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Bio-based PET Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Bio-based PET Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 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 Manufacturing Cost Structure
- 9.1.4 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 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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