세계의 바이오 기반 폴리에틸렌 테레프탈레이트(PET) 시장

Global Bio-Based Polyethylene Terephthalate (PET) Market to Reach US$10.1 Billion by 2030

The global market for Bio-Based Polyethylene Terephthalate (PET) estimated at US$7.5 Billion in the year 2024, is expected to reach US$10.1 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2024-2030. Bottles Application, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$8.3 Billion by the end of the analysis period. Growth in the Technical Application segment is estimated at 4.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.1 Billion While China is Forecast to Grow at 5.0% CAGR

The Bio-Based Polyethylene Terephthalate (PET) market in the U.S. is estimated at US$2.1 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 5.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.7% and 4.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Global Bio-Based Polyethylene Terephthalate (PET) Market - Key Trends and Drivers Summarized

Why Is Bio-Based Polyethylene Terephthalate (PET) Becoming a Game-Changer in Sustainable Packaging?

Bio-based Polyethylene Terephthalate (PET) is rapidly emerging as a key material in the sustainable packaging industry, offering a more environmentally friendly alternative to conventional petroleum-based PET. Derived partially or entirely from renewable resources, such as sugarcane, corn, or other biomass, bio-based PET retains the same desirable properties as its fossil-fuel counterpart—durability, lightweight, and clarity—making it ideal for a wide range of packaging applications. These include beverage bottles, food containers, and personal care products. The growing environmental concerns over plastic pollution and the depletion of fossil fuels have accelerated the demand for bio-based PET, as it reduces the carbon footprint associated with plastic production. Moreover, bio-based PET can be recycled in the same way as traditional PET, fitting seamlessly into existing recycling infrastructures. This adaptability, combined with its environmental benefits, positions bio-based PET as a pivotal material in the shift towards more sustainable packaging solutions.

What Technological Innovations Are Driving the Production of Bio-Based PET?

The production of bio-based PET has been significantly enhanced by recent technological innovations, which have improved the efficiency, cost-effectiveness, and scalability of its manufacturing processes. One of the most critical advancements is the development of bio-based monoethylene glycol (MEG), a key component of PET, which is now being produced from renewable sources like sugarcane and corn. This breakthrough has allowed for the partial replacement of petroleum-derived raw materials in PET production. Additionally, research is ongoing to develop bio-based terephthalic acid (PTA), the other major component of PET, which would enable the production of 100% bio-based PET. Innovations in catalytic processes and fermentation technologies are also playing a vital role in optimizing the production of bio-based PET, reducing energy consumption, and lowering costs. Furthermore, advancements in material science are leading to bio-based PET with enhanced properties, such as improved barrier performance and greater thermal stability, expanding its applicability in various industries. These technological developments are crucial in making bio-based PET a viable alternative to conventional plastics, driving its adoption across multiple sectors.

How Are Market Dynamics and Consumer Preferences Shaping the Bio-Based PET Industry?

The bio-based PET industry is being shaped by several market dynamics and shifting consumer preferences that are driving its growth and adoption. One of the most significant trends is the increasing demand for sustainable and eco-friendly products, particularly in the food and beverage industry, where consumers are becoming more conscious of the environmental impact of their purchases. This shift is prompting major brands and retailers to incorporate bio-based PET into their packaging strategies as a way to align with consumer values and meet regulatory requirements. Additionally, the rising emphasis on corporate social responsibility (CSR) and sustainability goals is pushing companies to reduce their carbon footprint and transition towards renewable materials, further boosting the demand for bio-based PET. The availability of bio-based PET at competitive prices compared to traditional PET is also influencing its market penetration, making it a more attractive option for businesses looking to enhance their sustainability profiles without compromising on cost or performance.

What’s Driving the Growth of the Bio-Based PET Market?

The growth in the bio-based PET market is driven by several factors, each contributing to the expanding adoption and production of this sustainable material. A primary driver is the advancement in biotechnology and material science, which has significantly improved the production processes and properties of bio-based PET, making it more cost-competitive and versatile for various applications. The increasing demand for sustainable packaging solutions, particularly from the food and beverage industry, is also propelling market growth, as companies seek to meet consumer preferences for environmentally friendly products. Regulatory pressures aimed at reducing carbon emissions and promoting the use of renewable resources are further encouraging the shift towards bio-based PET, as governments implement stricter environmental standards and provide incentives for green technologies. Additionally, the growing consumer awareness of plastic pollution and its environmental impact is driving the demand for alternatives to conventional plastics, with bio-based PET being a leading choice due to its recyclability and reduced carbon footprint. The expansion of the global bioplastics industry and the rising investment in research and development are also playing a crucial role in driving the market, as they foster innovation and scale-up production capacities for bio-based PET.

SCOPE OF STUDY:

The report analyzes the Bio-Based Polyethylene Terephthalate (PET) market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:

Application (Bottles, Technical, Consumer Goods, Other Applications)

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 44 Featured) -

• Haldia Petrochemicals Limited
• Nova Chemicals Corporation
• Plastics Plus
• Power Container Corporation
• SETECS ENGINEERING S.r.l.
• Tokyo Zairyo Co., Ltd.
• Toray Industries, Inc.
• Wellman International Ltd.

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

• 1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Bio-Based Polyethylene Terephthalate (PET) - Global Key Competitors Percentage Market Share in 2025 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
• 2. FOCUS ON SELECT PLAYERS
• 3. MARKET TRENDS & DRIVERS
  • Rising Consumer Demand for Eco-Friendly Packaging Spurs Growth in Bio-Based PET Market
  • Technological Advancements in Bio-Based Feedstock Production Propel Innovation in Bio-Based PET
  • Government Regulations on Plastic Waste Reduction Drive Adoption of Bio-Based PET
  • Increasing Focus on Reducing Carbon Footprint Accelerates Demand for Bio-Based PET
  • Expansion of the Beverage Industry Spurs Growth in Bio-Based PET Bottles
  • Innovation in Recycling Technologies Expands Market Potential for Bio-Based PET
  • Rising Concerns Over Fossil Fuel Dependency Propel Growth in Bio-Based PET Market
  • Technological Synergies in Polymer Processing Enhance the Quality and Applications of Bio-Based PET
• 4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Bio-Based Polyethylene Terephthalate (PET) Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 4: World 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2015, 2025 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Bottles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Bottles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 7: World 15-Year Perspective for Bottles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Technical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Technical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 10: World 15-Year Perspective for Technical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Consumer Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Consumer Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 13: World 15-Year Perspective for Consumer Goods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 16: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030

III. MARKET ANALYSIS

• UNITED STATES
  • Bio-Based Polyethylene Terephthalate (PET) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
  • TABLE 17: USA Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 18: USA Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 19: USA 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• CANADA
  • TABLE 20: Canada Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 21: Canada Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 22: Canada 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• JAPAN
  • Bio-Based Polyethylene Terephthalate (PET) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
  • TABLE 23: Japan Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 24: Japan Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 25: Japan 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• CHINA
  • Bio-Based Polyethylene Terephthalate (PET) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
  • TABLE 26: China Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 27: China Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 28: China 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• EUROPE
  • Bio-Based Polyethylene Terephthalate (PET) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
  • TABLE 29: Europe Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 30: Europe Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 31: Europe 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2015, 2025 & 2030
  • TABLE 32: Europe Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 33: Europe Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 34: Europe 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• FRANCE
  • Bio-Based Polyethylene Terephthalate (PET) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
  • TABLE 35: France Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 36: France Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 37: France 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• GERMANY
  • Bio-Based Polyethylene Terephthalate (PET) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
  • TABLE 38: Germany Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 39: Germany Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 40: Germany 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• ITALY
  • TABLE 41: Italy Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 42: Italy Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 43: Italy 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• UNITED KINGDOM
  • Bio-Based Polyethylene Terephthalate (PET) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
  • TABLE 44: UK Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 45: UK Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 46: UK 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• REST OF EUROPE
  • TABLE 47: Rest of Europe Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 48: Rest of Europe Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 49: Rest of Europe 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• ASIA-PACIFIC
  • Bio-Based Polyethylene Terephthalate (PET) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
  • TABLE 50: Asia-Pacific Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 51: Asia-Pacific Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 52: Asia-Pacific 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030
• REST OF WORLD
  • TABLE 53: Rest of World Recent Past, Current & Future Analysis for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 54: Rest of World Historic Review for Bio-Based Polyethylene Terephthalate (PET) by Application - Bottles, Technical, Consumer Goods and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
  • TABLE 55: Rest of World 15-Year Perspective for Bio-Based Polyethylene Terephthalate (PET) by Application - Percentage Breakdown of Value Sales for Bottles, Technical, Consumer Goods and Other Applications for the Years 2015, 2025 & 2030

IV. COMPETITION