바이오 기반 PEF(Polyethylene Furanoate) 시장 예측(-2032년) : 제품 유형, 가공 방법, 원료, 기술, 용도, 최종사용자, 지역별 세계 분석

According to Stratistics MRC, the Global Bio-Based Polyethylene Furanoate Market is accounted for $3.4 million in 2025 and is expected to reach $12.4 million by 2032 growing at a CAGR of 20.1% during the forecast period. Bio-based polyethylene furanoate (PEF) is a sustainable polymer derived from renewable resources such as sugar beet or corn. It serves as an eco-friendly alternative to petroleum-based plastics like PET. PEF offers superior gas barrier properties, thermal stability, and recyclability, making it ideal for packaging, textiles, and automotive applications. Its adoption supports the circular economy by reducing dependence on fossil fuels and minimizing environmental impact, especially in the packaging and consumer goods sectors.

According to one life-cycle analysis, substituting bio-based FDCA for PTA in the manufacture of PET could significantly reduce greenhouse gas (GHG) emissions and non-renewable energy use (NREU).

Market Dynamics:

Driver:

Growing demand for sustainable, bio-based packaging materials

Growing demand for sustainable, bio-based packaging materials is a primary driver. Fueled by increasing environmental consciousness among consumers and industries, there is a strong shift away from petroleum-based plastics. PEF, as a renewable and recyclable polymer, offers a compelling eco-friendly alternative for various packaging applications. The desire to reduce carbon footprint and minimize plastic waste propels the adoption of innovative bio-based polymers like PEF. This strong market pull for sustainable materials is a significant growth catalyst.

Restraint:

Limited availability of bio-based feedstocks

Limited availability of bio-based feedstocks presents a notable restraint. The production of PEF relies on renewable resources, primarily sugars derived from agricultural crops. Ensuring a consistent and sustainable supply of these feedstocks at competitive prices is a significant challenge. Influenced by the reliance on agricultural outputs, fluctuations in crop yields or land availability can impact production. The competition for these bio-based resources with other industries, such as biofuels, further complicates the supply chain. This constraint on feedstock availability can limit the rapid scalability and widespread adoption of PEF.

Opportunity:

Expansion into textiles and electronics applications

Expansion into textiles and electronics applications offers a compelling opportunity. Triggered by the versatile properties of PEF, its utility extends beyond traditional packaging into new industrial sectors. Its high strength, barrier properties, and thermal stability make it suitable for advanced material applications. Fueled by the demand for high-performance bio-based materials in diverse industries, this diversification is crucial. Exploring new product formulations and processing techniques for these applications can create entirely new revenue streams. This ability to penetrate new markets beyond packaging provides a substantial growth avenue for PEF.

Threat:

Competition from other bio-based and recyclable plastics

Competition from other bio-based and recyclable plastics poses a significant threat. The market for sustainable polymers is increasingly crowded with various alternatives, each with its own advantages and disadvantages. Other bio-based plastics like PLA or PHA, and recyclable traditional plastics like PET, offer competitive solutions. Guided by the continuous innovation in polymer science, new materials are constantly emerging. The price competitiveness and performance characteristics of rival materials can impact the adoption rate of PEF. This fragmented landscape of sustainable material options creates intense competition and necessitates clear value propositions for PEF.

Covid-19 Impact:

The COVID-19 pandemic influenced the Bio-Based Polyethylene Furanoate Market. Triggered by disruptions in global supply chains and economic uncertainties, initial production and R&D efforts faced challenges. However, the pandemic also heightened public awareness about environmental sustainability and healthy living, accelerating the shift towards eco-friendly products. Increased consumer demand for sustainable packaging and a push for circular economy initiatives provided a long-term boost. While short-term hurdles existed, the pandemic ultimately strengthened the resolve for sustainable material development and adoption.

The on-pellet segment is expected to be the largest during the forecast period

The on-pellet segment is expected to account for the largest market share during the forecast period, backed by its ease of handling, storage, and processing. PEF in pellet form is the most common commercial format. Manufacturers widely use pellets for various downstream applications, including extrusion and injection moulding. Fuelled by the established manufacturing infrastructure designed for pellet processing, this segment maintains its leading position. The versatility of pellets allows for efficient and precise feeding into production lines, ensuring consistent product quality. This widely accepted format facilitates widespread adoption across diverse industries.

The extrusion segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the extrusion segment is predicted to witness the highest growth rate, spurred by the versatility and efficiency of extrusion in producing a wide range of PEF products, this segment is witnessing rapid growth. The increasing demand for PEF in flexible packaging and rigid containers drives the expansion of extrusion-based production. The cost-effectiveness and high throughput of extrusion make it an attractive processing method for increasing PEF production volume. The broad applicability of extrusion across various product forms further contributes to its accelerated growth.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, guided by the massive manufacturing base and growing consumer awareness of sustainable packaging. Asia Pacific is a dominant market. Fuelled by government initiatives promoting green manufacturing and circular economy principles, the adoption of PEF is rising. Countries like China, India, and Japan are investing heavily in sustainable materials research and production. The presence of major packaging and textile industries further strengthens the region's leading position.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, driven by strong consumer demand for eco-friendly products and significant corporate sustainability commitments, North America is leading in adoption. Influenced by stringent environmental regulations and corporate mandates for sustainable packaging, demand for PEF is accelerating. Major brands are actively seeking to incorporate renewable materials into their product lines to meet consumer expectations. Furthermore, significant investments in new production capacities for bio-based polymers contribute to this rapid growth.

Key players in the market

Some of the key players in Bio-Based Polyethylene Furanoate Market include Avantium N.V., Danone S.A., ALPLA Werke Alwin Lehner GmbH & Co KG, Toyobo Co., Ltd., Mitsui & Co., Ltd., Toyo Seikan Co., Ltd., Corbion N.V., Sulzer Ltd., AVA Biochem AG, Swire Pacific Ltd., Origin Materials, Toray Industries Inc., BASF SE, Eastman Chemical Company, DuPont de Nemours, Inc., NatureWorks LLC, Danimer Scientific and Wifag-Polytype Holding AG.

Key Developments:

In May 2025, Avantium N.V. announced a significant milestone in the scale-up of its YXY technology for producing FDCA (a key PEF monomer), indicating successful progression towards commercial-scale production and potentially securing new partnerships for PEF resin off-take. This would mark progress in production readiness.

In April 2025, Danone S.A., a leading food and beverage company, announced plans to incorporate PEF into a wider range of its packaging, particularly for sensitive products requiring superior barrier properties, as part of its sustainability commitments and efforts to reduce reliance on fossil-based plastics. This would demonstrate increased adoption.

In March 2025, ALPLA, a global packaging manufacturer, launched new bottle designs and packaging solutions made from PEF, highlighting its superior barrier performance and recyclability in existing PET streams. This would demonstrate commercial packaging applications.

Product Types Covered:

• On-Pellet
• Fibre
• Resins
• Films And Sheets
• Coatings

Processing Methods Covered:

• Extrusion
• Blow Molding
• Injection Molding
• Thermoforming
• 3D Printing

Raw Materials Covered:

• Bio-Based Sources
• Recycled Sources
• Conventional Petrochemical Sources

Technologies Covered:

• Fermentation-Based Production
• Chemical Catalysis
• Hybrid Processes
• Other Technologies

Applications Covered:

• Bottles
• Films
• Fibers
• Other Applications

End Users Covered:

• Packaging
• Fiber & Textile
• Automotive Components
• Pharmaceuticals
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Technology Analysis
• 3.8 Application Analysis
• 3.9 End User Analysis
• 3.10 Emerging Markets
• 3.11 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Bio-Based Polyethylene Furanoate Market, By Product Type

• 5.1 Introduction
• 5.2 On-Pellet
• 5.3 Fibre
• 5.4 Resins
• 5.5 Films And Sheets
• 5.6 Coatings

6 Global Bio-Based Polyethylene Furanoate Market, By Processing Method

• 6.1 Introduction
• 6.2 Extrusion
• 6.3 Blow Molding
• 6.4 Injection Molding
• 6.5 Thermoforming
• 6.6 3D Printing

7 Global Bio-Based Polyethylene Furanoate Market, By Raw Material

• 7.1 Introduction
• 7.2 Bio-Based Sources
• 7.3 Recycled Sources
• 7.4 Conventional Petrochemical Sources

8 Global Bio-Based Polyethylene Furanoate Market, By Technology

• 8.1 Introduction
• 8.2 Fermentation-Based Production
• 8.3 Chemical Catalysis
• 8.4 Hybrid Processes
• 8.5 Other Technologies

9 Global Bio-Based Polyethylene Furanoate Market, By Application

• 9.1 Introduction
• 9.2 Bottles
• 9.3 Films
• 9.4 Fibers
• 9.5 Other Applications

10 Global Bio-Based Polyethylene Furanoate Market, By End User

• 10.1 Introduction
• 10.2 Packaging
• 10.3 Fiber & Textile
• 10.4 Automotive Components
• 10.5 Pharmaceuticals
• 10.6 Other End Users

11 Global Bio-Based Polyethylene Furanoate Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Avantium N.V.
• 13.2 Danone S.A.
• 13.3 ALPLA Werke Alwin Lehner GmbH & Co KG
• 13.4 Toyobo Co., Ltd.
• 13.5 Mitsui & Co., Ltd.
• 13.6 Toyo Seikan Co., Ltd.
• 13.7 Corbion N.V.
• 13.8 Sulzer Ltd.
• 13.9 AVA Biochem AG
• 13.10 Swire Pacific Ltd.
• 13.11 Origin Materials
• 13.12 Toray Industries Inc.
• 13.13 BASF SE
• 13.14 Eastman Chemical Company
• 13.15 DuPont de Nemours, Inc.
• 13.16 NatureWorks LLC
• 13.17 Danimer Scientific
• 13.18 Wifag-Polytype Holding AG