Market Highlights:
Bio-PET (Polyethylene Terephthalate) is referred as the plastic substance which is made up of sustainable raw materials which is less harmful than PET bottles made of raw materials derived from crude oil. Due to the harmful effects of plastic material, many people from developed nations are giving up the consumption of plastic bottles that are difficult to recycle. The market of Bio-PET is growing due to the rising stringent regulations from the government of various country. They are striving hard to build up the plastic free environment The market study is being classified by Type (Dimethyl Terephthalate Process and Terephthalic Acid Process), by Application (Food and beverages product, Utilities material and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Bio-PET are Teijin (Japan), Arkema (France), Toray Industries (Japan), Exxon Mobil (United States), Ineos (United Kingdom), SCG Chemicals (Thailand), Tianan Biologic Materials (China), Toyota Tsusho Corporation (Japan), Anellotec (United States) and Coca Cola Co. (United States).

In February, 2018 Braskem has partnered with Haldor Topsoe for the production of Monoehtylene Glycol (MEG) from sugar. MEG is a key ingredient in production of PET and bio based MEG is used in the manufacture of bio-PET

Key Questions Answered in the Report
What will the Bio-PET Market size and the growth rate be in Future?
What are the key factors driving the Bio-PET Market?
What are the key market trends and macro-economic impacting the growth of the Bio-PET Market?
What are the challenges to market growth?
Who are the key vendors in the Bio-PET Market?
What are the market opportunities and threats faced by the vendors in the Bio-PET Market?
Trending factors influencing the market shares of the Manufacturers.
What are the key outcomes of the five forces analysis of the Bio-PET Market?

Refer complete Table of Content of Bio-PET Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bio-PET market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bio-PET market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, Sub component manufacturer, Channel partners, Industry association, Downstream vendors, Government and investment communities and Research organisation and associations.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.