바이오 폴리에스테르 시장 보고서 : 동향, 예측 및 경쟁 분석(-2031년)

The future of the global bio-based polyester market looks promising with opportunities in the food & beverage, textile & apparel, automotive, consumer electronics, and healthcare markets. The global bio-based polyester market is expected to grow with a CAGR of 9.2% from 2025 to 2031. The major drivers for this market are the increasing demand for eco-friendly plastics, the rising government support for green materials, and the growing use in food packaging industry.

• Lucintel forecasts that, within the type category, polylactic acid is expected to witness the highest growth over the forecast period.
• Within the end use category, automotive is expected to witness the highest growth.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.

Emerging Trends in the Bio-Based Polyester Market

The bio-based polyester market is rapidly evolving, driven by an increasing global commitment to sustainability and a desire to reduce reliance on fossil fuels. Several key trends are shaping this transformation, influencing material innovation, production methods, and the integration of bio-based polyesters across diverse industries. These trends reflect a fundamental shift towards a more circular and environmentally responsible economy.

• Diversification of Feedstock: There is a significant trend towards utilizing diverse and sustainable non-food biomass feedstocks, such as agricultural waste, lignocellulosic biomass, and even CO2. This aims to overcome the "food vs. fuel" debate associated with first-generation bio-based materials and ensure a more abundant, cost-effective, and environmentally friendly raw material supply for bio-based polyester production.
• Enhanced Functionality and Performance: Innovation is focusing on developing bio-based polyesters with enhanced properties that match or exceed those of petroleum-based counterparts. This includes improving heat resistance, durability, barrier properties, and biodegradability for specific applications like packaging, automotive, and medical devices, making bio-based polyesters more competitive and versatile.
• Integration with Circular Economy: A strong trend involves integrating bio-based polyesters into circular economy models. This includes designing products for easier recycling or composting, developing advanced chemical recycling technologies for bio-based polymers, and creating closed-loop systems to minimize waste and maximize resource utilization, promoting a more sustainable material lifecycle.
• Strategic Partnerships and Collaborations: Companies are increasingly forming strategic partnerships across the value chain, from feedstock suppliers to end-product manufacturers. These collaborations aim to accelerate research and development, scale up production capacities, and create robust supply chains for bio-based polyesters, fostering collective growth and market penetration.
• Growing Adoption in Niche Applications: While packaging and textiles are major segments, there's a growing trend of bio-based polyesters penetrating niche, high-value applications. This includes specialized uses in 3D printing, electronics, medical devices (e.g., surgical sutures, implants), and automotive components, where their unique properties offer distinct advantages and open new market segments.

These emerging trends are fundamentally reshaping the bio-based polyester market by driving innovation in feedstock diversification, enhancing material performance, and fostering integration into circular economy models. The increased focus on strategic collaborations and expansion into niche applications is accelerating the adoption of bio-based polyesters, positioning them as key materials for a sustainable future.

Recent Developments in the Bio-Based Polyester Market

The bio-based polyester market is witnessing significant recent developments, primarily propelled by global efforts to mitigate climate change and reduce reliance on fossil resources. These advancements encompass improvements in production processes, diversification of raw materials, and an expansion of applications, ultimately contributing to the broader adoption of sustainable chemical solutions across various industries.

• Advanced Feedstock Utilization: Recent developments include the advancement in utilizing diverse and more sustainable feedstocks beyond traditional crop-based sources. This involves developing processes to convert waste oils, lignocellulosic biomass, and even captured CO2 into bio-monomers for polyester production, aiming for a lower environmental footprint and resource efficiency.
• Increased Production Capacity: Several chemical majors and innovative startups are investing in expanding the production capacity of bio-based polyester monomers and polymers. This development is crucial for meeting the rising demand from various end-use industries and scaling up the availability of bio-based alternatives to conventional plastics.
• Innovation in Biopolymer Properties: There's a strong focus on enhancing the performance and properties of bio-based polyesters to match or exceed those of their petroleum-based counterparts. This includes improving thermal stability, mechanical strength, and barrier properties, making them suitable for demanding applications in packaging, automotive, and electronics.
• Integration in Circular Economy Models: Recent developments show an increased effort to integrate bio-based polyesters into circular economy principles. This involves designing products for easier recycling or industrial composting, developing chemical recycling routes for bio-based polymers, and creating closed-loop systems to minimize waste.
• Strategic Industry Partnerships: Key players are forming collaborations and joint ventures across the value chain. These partnerships between bio-based chemical producers, brands, and waste management companies aim to accelerate R&D, secure sustainable feedstock supply, and facilitate the market adoption of bio-based polyester solutions.

These recent developments are significantly impacting the bio-based polyester market by fostering a more sustainable and robust supply chain, enhancing product performance, and accelerating their integration into circular economy models. The focus on diverse feedstocks, increased capacity, and strategic partnerships is driving the market towards widespread adoption and a reduced reliance on fossil-based materials.

Strategic Growth Opportunities in the Bio-Based Polyester Market

The bio-based polyester market presents substantial strategic growth opportunities across various key applications, driven by increasing environmental awareness and the demand for sustainable alternatives. Capitalizing on these application-specific avenues can unlock significant market expansion. Companies are focusing on tailored solutions and innovative product development to penetrate high-growth segments and differentiate themselves.

• Sustainable Packaging Solutions: The growing demand for eco-friendly packaging offers a prime opportunity. Biobased polyesters like bio-PET and PLA are ideal for bottles, food containers, and flexible films due to their reduced carbon footprint and potential for biodegradability or recyclability, appealing to environmentally conscious brands and consumers.
• Textile and Apparel Industry: The fashion industry's push for sustainability creates immense opportunities for bio-based polyesters in clothing and home textiles. Bio-based fibers offer properties like comfort, durability, and moisture-wicking, providing sustainable alternatives to conventional polyester in sportswear, casual wear, and technical textiles.
• Automotive Interior Components: The automotive sector's drive for lightweighting and sustainability offers a significant growth avenue. Biobased polyesters can be used in interior trims, seat fabrics, and other non-structural components, contributing to reduced vehicle weight and a lower environmental impact throughout the vehicle's lifecycle.
• Medical and Healthcare Applications: The demand for biocompatible and sometimes biodegradable materials in the medical field presents a niche but high-value opportunity. Biobased polyesters can be used in surgical sutures, drug delivery systems, implants, and tissue engineering scaffolds, meeting stringent safety and performance requirements.
• 3D Printing Filaments and Resins: The rapid expansion of additive manufacturing creates a growing market for bio-based polyester filaments and resins. Their favorable properties, such as low odor, good printability, and sustainability, make them attractive for prototyping, functional parts, and customizable consumer products in the 3D printing sector.

These strategic growth opportunities are profoundly impacting the bio-based polyester market by directing research, development, and investment towards high-demand, high-value applications. The focus on sustainable packaging, textiles, automotive interiors, medical devices, and 3D printing is driving innovation in bio-based polyester formulations, leading to market expansion and diversified revenue streams across critical industries committed to sustainability.

Bio-Based Polyester Market Driver and Challenges

The bio-based polyester market is significantly influenced by a blend of technological, economic, and regulatory factors. Major drivers, such as the increasing global demand for sustainable materials, stringent environmental regulations, and growing consumer awareness of eco-friendly products, are propelling market growth. However, the market also faces challenges including higher production costs compared to conventional polyesters, limited scalability, and supply chain complexities for bio-based feedstocks.

The factors responsible for driving the bio-based polyester market include:

1. Growing Sustainability Mandates: Increasing global environmental awareness and stringent government regulations promoting bio-based and biodegradable materials are major drivers. Policies incentivizing the use of renewable resources and restricting fossil-based plastics are creating a favorable market environment.

2. Consumer Preference for Green Products: A rising number of environmentally conscious consumers are actively seeking products with a lower carbon footprint. This consumer pull is compelling brands to incorporate bio-based polyesters into their product offerings, particularly in packaging and textiles, driving demand.

3. Reduced Reliance on Fossil Fuels: The desire to decrease dependence on finite fossil resources and mitigate geopolitical risks associated with petroleum-derived chemicals is a key driver. Biobased polyesters offer a renewable alternative, contributing to energy security and resource diversification.

4. Technological Advancements: Continuous research and development in biomass conversion technologies and polymerization processes are enhancing the performance and cost-effectiveness of bio-based polyesters. Innovations in new bio-monomers are expanding the range and functionality of these materials.

5. Brand Sustainability Commitments: Many multinational corporations are setting ambitious sustainability targets, including commitments to use recycled or bio-based content in their products and packaging. These corporate pledges significantly drive the adoption and market growth of bio-based polyesters.

Challenges in the bio-based polyester market are:

1. Higher Production Costs: Biobased polyesters often have higher production costs compared to conventional petroleum-derived polyesters due to complex manufacturing processes, smaller production scales, and the cost of sustainable feedstocks. This price disparity can be a barrier to widespread adoption.

2. Limited Scalability and Infrastructure: The current production capacity and established infrastructure for bio-based polyester feedstocks and manufacturing are still relatively limited compared to the mature petrochemical industry. Scaling up production to meet high demand remains a significant challenge.

3. Feedstock Availability & Volatility: Ensuring a consistent and sustainable supply of bio-based feedstocks (e.g., specific sugars, fatty acids, or agricultural waste) can be challenging. Fluctuations in supply and price volatility of these raw materials can impact the stability and competitiveness of bio-based polyester production.

The bio-based polyester market is significantly propelled by strong sustainability mandates, increasing consumer preference for green products, and efforts to reduce reliance on fossil fuels, all supported by continuous technological advancements and corporate commitments. However, it faces notable challenges from higher production costs, limited scalability, and the volatility and availability of bio-based feedstocks, which require ongoing innovation and investment to overcome.

List of Bio-Based Polyester Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bio-based polyester companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bio-based polyester companies profiled in this report include-

• Toray
• Plastipak Holdings
• Indorama Ventures
• Teijin
• Anellotech
• Far Easte New Century
• Toyota Tsusho

Bio-Based Polyester Market by Segment

The study includes a forecast for the global bio-based polyester market by type, process technology, application, end use, and region.

Bio-Based Polyester Market by Type [Value from 2019 to 2031]:

• Polyethylene Furanoate
• Polylactic Acid
• Polyhydroxyalkanoates
• Polybutylene Succinate
• Polytrimethylene Terephthalate

Bio-Based Polyester Market by Process Technology [Value from 2019 to 2031]:

• Fermentation & Biotransformation
• Chemical Synthesis
• Polymerization Techniques
• Succinic Acid Synthesis
• Solvent Extraction Processes

Bio-Based Polyester Market by Region [Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Bio-Based Polyester Market

The bio-based polyester market is experiencing significant growth, driven by a global shift towards sustainable and eco-friendly materials across various industries. This momentum is fueled by increasing environmental awareness, stringent regulations promoting bio-based products, and consumer demand for reduced carbon footprints. Innovations in production technologies and diversification of feedstock sources are crucial in reshaping this evolving market.

• United States: The U.S. bio-based polyester market is growing, particularly with green polyols in CASE (Coatings, Adhesives, Sealants, Elastomers) industries, influenced by EPA policies. Companies like Emery Oleochemicals are promoting eco-friendly solutions and introducing ester-based products for sustainable transportation, demonstrating a strong commitment to reducing environmental impact through bio-based alternatives.
• China: China is a significant player in the bio-based polyester market, with substantial investments in new production facilities for materials like PLA (polylactic acid). While recycled polyester dominates, there's growing interest in bio-based alternatives, driven by government efforts to reduce carbon emissions and meet rising demand for sustainable textiles and packaging in its vast market.
• Germany: Germany bio-based polyester market emphasizes high-performance fibers for technical textiles and automotive interiors, driven by stringent quality and sustainability standards. German companies are actively developing closed-loop recycling systems and investing in eco-friendly production methods, aligning with European Union regulations to prioritize sustainable and environmentally responsible materials.
• India: India bio-based polyester market is rapidly expanding, fueled by government incentives promoting bio-based products and increasing industry adoption of green polyols. Significant consumption of recycled polyester for textile and apparel production, driven by consumer demand for sustainable fashion, creates a strong foundation for the growth of bio-based polyester alternatives.
• Japan: Japan bio-based polyester market is characterized by technological advancements and joint ventures aimed at increasing the production of green polyols. There's a strong focus on functional fibers with enhanced properties and sustainable sourcing, with bio-based solutions being explored for textiles and other applications, aligning with Japan environmental protection goals.

Features of the Global Bio-Based Polyester Market

• Market Size Estimates: Bio-based polyester market size estimation in terms of value ($B).
• Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
• Segmentation Analysis: Bio-based polyester market size by various segments, such as by type, process technology, application, end use, and region in terms of value ($B).
• Regional Analysis: Bio-based polyester market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different type, process technology, applications, end use, and regions for the bio-based polyester market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bio-based polyester market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the bio-based polyester market by type (polyethylene furanoate, polylactic acid, polyhydroxyalkanoates, polybutylene succinate, and polytrimethylene terephthalate), process technology (fermentation & biotransformation, chemical synthesis, polymerization techniques, succinic acid synthesis, and solvent extraction processes), application (packing materials, textiles, automotive components, consumer goods, biomedical devices, and others), end use (food & beverage, textiles & apparel, automotive, consumer electronics, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Market Overview

• 2.1 Background and Classifications
• 2.2 Supply Chain

3. Market Trends & Forecast Analysis

• 3.2 Industry Drivers and Challenges
• 3.3 PESTLE Analysis
• 3.4 Patent Analysis
• 3.5 Regulatory Environment

4. Global Bio-Based Polyester Market by Type

• 4.1 Overview
• 4.2 Attractiveness Analysis by Type
• 4.3 Polyethylene Furanoate: Trends and Forecast (2019-2031)
• 4.4 Polylactic acid: Trends and Forecast (2019-2031)
• 4.5 Polyhydroxyalkanoates: Trends and Forecast (2019-2031)
• 4.6 Polybutylene Succinate: Trends and Forecast (2019-2031)
• 4.7 Polytrimethylene Terephthalate: Trends and Forecast (2019-2031)

5. Global Bio-Based Polyester Market by Process Technology

• 5.1 Overview
• 5.2 Attractiveness Analysis by Process Technology
• 5.3 Fermentation & Biotransformation: Trends and Forecast (2019-2031)
• 5.4 Chemical Synthesis: Trends and Forecast (2019-2031)
• 5.5 Polymerization Techniques: Trends and Forecast (2019-2031)
• 5.6 Succinic Acid Synthesis: Trends and Forecast (2019-2031)
• 5.7 Solvent Extraction Processes: Trends and Forecast (2019-2031)

6. Global Bio-Based Polyester Market by Application

• 6.1 Overview
• 6.2 Attractiveness Analysis by Application
• 6.3 Packing Materials: Trends and Forecast (2019-2031)
• 6.4 Textiles: Trends and Forecast (2019-2031)
• 6.5 Automotive Components: Trends and Forecast (2019-2031)
• 6.6 Consumer Goods: Trends and Forecast (2019-2031)
• 6.7 Biomedical Devices: Trends and Forecast (2019-2031)
• 6.8 Others: Trends and Forecast (2019-2031)

7. Global Bio-Based Polyester Market by End Use

• 7.1 Overview
• 7.2 Attractiveness Analysis by End Use
• 7.3 Food & Beverage: Trends and Forecast (2019-2031)
• 7.4 Textiles & Apparel: Trends and Forecast (2019-2031)
• 7.5 Automotive: Trends and Forecast (2019-2031)
• 7.6 Consumer Electronics: Trends and Forecast (2019-2031)
• 7.7 Healthcare: Trends and Forecast (2019-2031)
• 7.8 Others: Trends and Forecast (2019-2031)

8. Regional Analysis

• 8.1 Overview
• 8.2 Global Bio-Based Polyester Market by Region

9. North American Bio-Based Polyester Market

• 9.1 Overview
• 9.2 North American Bio-Based Polyester Market by Type
• 9.3 North American Bio-Based Polyester Market by End Use
• 9.4 United States Bio-Based Polyester Market
• 9.5 Mexican Bio-Based Polyester Market
• 9.6 Canadian Bio-Based Polyester Market

10. European Bio-Based Polyester Market

• 10.1 Overview
• 10.2 European Bio-Based Polyester Market by Type
• 10.3 European Bio-Based Polyester Market by End Use
• 10.4 German Bio-Based Polyester Market
• 10.5 French Bio-Based Polyester Market
• 10.6 Spanish Bio-Based Polyester Market
• 10.7 Italian Bio-Based Polyester Market
• 10.8 United Kingdom Bio-Based Polyester Market

11. APAC Bio-Based Polyester Market

• 11.1 Overview
• 11.2 APAC Bio-Based Polyester Market by Type
• 11.3 APAC Bio-Based Polyester Market by End Use
• 11.4 Japanese Bio-Based Polyester Market
• 11.5 Indian Bio-Based Polyester Market
• 11.6 Chinese Bio-Based Polyester Market
• 11.7 South Korean Bio-Based Polyester Market
• 11.8 Indonesian Bio-Based Polyester Market

12. ROW Bio-Based Polyester Market

• 12.1 Overview
• 12.2 ROW Bio-Based Polyester Market by Type
• 12.3 ROW Bio-Based Polyester Market by End Use
• 12.4 Middle Eastern Bio-Based Polyester Market
• 12.5 South American Bio-Based Polyester Market
• 12.6 African Bio-Based Polyester Market

13. Competitor Analysis

• 13.1 Product Portfolio Analysis
• 13.2 Operational Integration
• 13.3 Porter's Five Forces Analysis
  • Competitive Rivalry
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of Substitutes
  • Threat of New Entrants
• 13.4 Market Share Analysis

14. Opportunities & Strategic Analysis

• 14.1 Value Chain Analysis
• 14.2 Growth Opportunity Analysis
  • 14.2.1 Growth Opportunities by Type
  • 14.2.2 Growth Opportunities by Process Technology
  • 14.2.3 Growth Opportunities by Application
  • 14.2.4 Growth Opportunities by End Use
• 14.3 Emerging Trends in the Global Bio-Based Polyester Market
• 14.4 Strategic Analysis
  • 14.4.1 New Product Development
  • 14.4.2 Certification and Licensing
  • 14.4.3 Mergers, Acquisitions, Agreements, Collaborations, and Joint Ventures

15. Company Profiles of the Leading Players Across the Value Chain

• 15.1 Competitive Analysis
• 15.2 Toray
  • Company Overview
  • Bio-Based Polyester Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.3 Plastipak Holdings
  • Company Overview
  • Bio-Based Polyester Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.4 Indorama Ventures
  • Company Overview
  • Bio-Based Polyester Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.5 Teijin
  • Company Overview
  • Bio-Based Polyester Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.6 Anellotech
  • Company Overview
  • Bio-Based Polyester Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.7 Far Easte New Century
  • Company Overview
  • Bio-Based Polyester Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing
• 15.8 Toyota Tsusho
  • Company Overview
  • Bio-Based Polyester Business Overview
  • New Product Development
  • Merger, Acquisition, and Collaboration
  • Certification and Licensing

16. Appendix

• 16.1 List of Figures
• 16.2 List of Tables
• 16.3 Research Methodology
• 16.4 Disclaimer
• 16.5 Copyright
• 16.6 Abbreviations and Technical Units
• 16.7 About Us
• 16.8 Contact Us