Polyethylene Furanoate (PEF) Market Share, Size & Trend Report

Polyethylene Furanoate (PEF) Market Share, Size & Trend Analysis, By Application (Bottles, Films, Fibers), By Region, And Segment Forecasts, 2016 - 2022

  • Published Date: Feb, 2018
  • Base Year for Estimate: 2016
  • Report ID: GVR-2-68038-310-2
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2017
  • Number of Pages: 58

Industry Insights

The global polyethylene furanoate (PEF) market demand was estimated at 11,700 tons in 2016. Factors such as increasing demand for sustainable packaging across the globe and advantages of PEF over bio-based PET are expected to be the key trends stimulating market growth. In addition, increasing demand for lightweight polymer products in various end-use industries, especially automotive, is anticipated to fuel demand over the forecast period.

Use of PEF is likely to help in addressing environmental concerns in future. PEF contains 30% biobased monoethylene glycol (MEG) with 70% biologically derived furandicarboxylic acid (FDCA). This makes it more biodegradable and lesser hazardous to the environment in comparison to petro-based PET due to its relatively high biodegradable nature, is poised to be the best available alternative for use in sustainable packaging over the forecast period.

Netherlands polyethylene furanoate (PEF) market

In terms of volume, the polyethylene furanoate market in Netherlands was estimated at 222.7 tons in 2016 and is anticipated to expand at a CAGR of 8.8% over the forecast period. Several initiatives taken by advanced high-throughput R&D specialist companies to develop and commercialize PEF-based bottles is expected to drive the market in the country over the forecast period.

Import quota elimination strategy of fibers since 2004 is another factor driving the market in Europe. The implementation of this strategy will provide immense growth opportunities to PEF fiber producers to meet the rising demand for these fibers in Europe over the forecast period.

However, strong presence of substitute for PEF such as bio-based PET is hindering the growth of the market. Biobased PET is a polymer comprising approximately 70% PTA and 30% biobased MEG. Growing efforts by several companies to produce PTA using biobased raw materials in order to manufacture 100% bio-based PET is projected to challenge the growth of the market in future.

Application Insights

Fibers will continue to be the largest segment in the polyethylene furanoate market over the forecast period. PEF fibers are recycled from PEF-based bottles that have been processed into 100% bio-based t-shirts. These fibers are used in the packaging of industrial products such as fertilizers, cement, and pesticides. In addition to industrial packaging, they are employed in carpets, clothing, and sports apparel.

Plastic films are largely used in various applications such as packaging of food as well as roofing, water shielding, wall liners, and window flashing by construction industry. PEF films have superior gas and odor barrier properties and have the potential to replace various plastic resins used in different packaging applications.

Global polyethylene furanoate market

Polyethylene furanoate can be integrated with PET, particularly in recycled PET bottles, which are used for packaging of beverages such as water, soft drinks, fruit juices, and alcoholic beverages. PEF offers high resistance to oxygen and carbon dioxide, thereby preventing food products from getting oxidized. Demand for PEF in various applications, especially recycled plastic bottles, is poised to increase significantly over the forecast period.

Regional Insights

Europe is likely to emerge as the most promising region, progressing at a CAGR of 7.0% in terms of volume during the forecast period. Presence of stringent regulatory standards and increasing demand for sustainable packaging are anticipated to propel the growth of PEF market over the forecast period.

Asia Pacific held the leading volume share in 2016. The growth of the segment can be attributed to increasing demand for sustainable, bio-degradable, and cost-effective packaging material. Robust growth in the carbonated soft drink market is projected to play a pivotal role in the development of the regional market.

North America market is driven by the presence of environmental regulations for solid waste generation. Moreover, increase in demand for sustainable packaging for various application industries such as food & beverage and pharmaceutical is anticipated to increase the demand for PEF over PET products in the future in the region.

Polyethylene Furanoate Market Share Insights

The global polyethylene furanoate market is at a nascent stage of development with significant scope for growth. To tap into the immense potential offered by the PEF market, companies can invest in R&D of advanced production technologies and push for their commercialization. For instance, Avantium Technologies B.V. has entered into a joint venture with several companies such as The Coca-Cola Company, Danone, and ALPLA for the development and commercialization of PEF products for various application segments such as bottles, films, and fibers. YXY, a proprietary technology by Avantium Technologies B.V., can convert carbohydrates into various biobased products and fuels. This technology manufactures 100% biobased and 100% recyclable PEF.

Companies are entering into joint ventures and collaboration to aid product development, manufacturing, and marketing of products. For instance, Avantium Technologies B.V. and BASF SE established a joint venture in 2016 for the production and marketing of furandi carboxylic acid and marketing of PEF-based on the new chemical building block FDCA.

The establishment of partnerships with raw material suppliers and buyers can also be a key growth strategy for PEF manufacturers. Moreover, presence of positive regulatory framework can work in favor of manufacturers. However, unavailability of raw materials and suitable technologies is estimated to remain a challenging factor for market players. 

Report Scope



Base year for estimation


Actual estimates/Historical data

2016 - 2017

Forecast period

2018 - 2022

Market representation                                    

Volume in Tons, Revenue in USD Thousand, and CAGR from 2018 to 2022

Regional scope

North America, Europe, Asia Pacific, Rest of the World

Country scope

U.S., The Netherlands, China, Japan

Report coverage        

Revenue forecast, company share, competitive landscape, and growth factors and trends

15% free customization scope (equivalent to 5 analysts working days)

If you need specific market information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments covered in the report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis on industry trends in each of the sub-segments from 2016 to 2022. For the purpose of this study, Grand View Research has segmented the global polyethylene furanoate (PEF) market report on the basis of application and region:

  • Application Outlook (Volume, Tons; Revenue, USD Thousand; 2016 - 2022)

    • Bottles

    • Films

    • Fibers

  • Regional Outlook (Revenue, USD Million; 2016 - 2022)

    • North America

      • U.S

    • Europe

      • The Netherlands

    • Asia Pacific

      • China

      • Japan

    • Rest of the World

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