NORTH AMERICA BIOBASED PET MARKET FORECAST 2017-2025
KEY FINDINGS
The North America bio- based pet market is expected to grow from $ 1156 million in the year 2016 and is expected to reach $ 6900 million in the year 2025, with a CAGR of 21.95%. Unstable crude oil prices, rising utilization of sustainable packaging, consumer favoring bio-based plastic products over conventional petroleum-based plastic products are the key factors driving the growth of the market.
MARKET INSIGHTS
The bio based pet market is segmented by application on the basis of bottles, packaging, automotive, fibers and others. Irregular supply of feedstock, lack of cultivable land and easy availability of alternate products are restricting the growth of the market. Supportive government regulations, hazardous nature of conventional plastics, increasing production activity and rising government support in the Asia-pacific region are some of the factors that may open up new doors for the bio-based pet market. The presence of alternative biopolymers and industrialization and urbanization leading to the conversion of agricultural land into the industrial area are the challenges faced by the bio-based pet market.
COMPETITIVE INSIGHTS
Major players in the bio pet market are Braskem, Dak America, Indorama Ventures, M&G Chemicals, Novamont S.p.A, Teijin Limited, Tianjin Greenbio Materials, Toray Industries, Toyota Tsusho, BASF, Avantium Technologies, Gevo Inc, Du Pont, Plastipak Packaging Inc and Lotte Chemical.
The North America bio- based pet market is expected to grow from $ 1156 million in the year 2016 and is expected to reach $ 6900 million in the year 2025, with a CAGR of 21.95%. Unstable crude oil prices, rising utilization of sustainable packaging, consumer favoring bio-based plastic products over conventional petroleum-based plastic products are the key factors driving the growth of the market.
MARKET INSIGHTS
The bio based pet market is segmented by application on the basis of bottles, packaging, automotive, fibers and others. Irregular supply of feedstock, lack of cultivable land and easy availability of alternate products are restricting the growth of the market. Supportive government regulations, hazardous nature of conventional plastics, increasing production activity and rising government support in the Asia-pacific region are some of the factors that may open up new doors for the bio-based pet market. The presence of alternative biopolymers and industrialization and urbanization leading to the conversion of agricultural land into the industrial area are the challenges faced by the bio-based pet market.
COMPETITIVE INSIGHTS
Major players in the bio pet market are Braskem, Dak America, Indorama Ventures, M&G Chemicals, Novamont S.p.A, Teijin Limited, Tianjin Greenbio Materials, Toray Industries, Toyota Tsusho, BASF, Avantium Technologies, Gevo Inc, Du Pont, Plastipak Packaging Inc and Lotte Chemical.
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROCH
2.3. BOTTOM UP APPROACH
2.4. DATA TRIANGULATION
2.5. ESTIMATION METHODOLOGY
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDING
4. MARKET OVERVIEW
4.1. MARKER DEFINITION & SCOPE
4.2. MARKET DRIVERS
4.2.1. INSTABLILITY IN CRUDE OIL PRICES
4.2.2. RISING UTILIZATION OF SUSTAINABLE PACKAGING
4.2.3. CONSUMERS FAVORING BIO PLASTIC PRODUCTS OVER CONVENTIONAL PETROLEUM BASED PLASTIC PRODUCTS
4.3. MARKET RESTRAINTS
4.3.1. IRREGULAR SUPPLY OF FEEDSTOCK
4.3.2. LACK OF CULTIVABLE LAND
4.3.3. EASY AVAILABILITY OF ALTERNATE PRODUCTS
4.4. MARKET OPPORTUNITIES
4.4.1. GROWING PRODUCTION ACTIVITY AND RISING GOVERNMENT SUPPORT IN THE NORTH AMERICA REGION
4.4.2. HAZARDOUS NATURE OF CONVENTIONAL PLASTICS
4.4.3. SUPPORTIVE GOVERNMENT REGULATIONS
4.5. MARKET CHALLENGES
4.5.1. PRESENCE OF ALTERNATIVE BIOPOLYMERS
4.5.2. INDUSTRIALIZATION AND URBANISATION LEADING TO CONVERSION OF AGRICULTURAL LAND INTO INDUSTRIAL AREA
5. NORTH AMERICA BIO BASED POLYETHYLENE TEREPHTHALATE MARKET BY APPLICATION 2017-2025 ($MILLION)
5.1. BY BOTTLES
5.2. BY PACKAGING
5.3. BY AUTOMOTIVES
5.4. BY FIBRES
5.5. BY OTHERS
6. KEY ANALYTICS
6.1. PORTERS FIVE FORCE MODEL
6.1.1. THREAT OF NEW ENTRANTS
6.1.2. THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
6.1.3. BARGAINING POWER OF BUYER
6.1.4. BARGAINING POWER OF SUPPLIER
6.1.5. INTENSITY OF COMPETITIVE RIVALRY
6.2. OPPORTUNITY MATRIX
6.3. VENDOR LANDSCAPE
7. NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY GEOGRAPHY 2017-2025 ($ MILLION)
7.1. INDIA
7.2. CHINA
7.3. JAPAN
7.4. SOUTH KOREA
7.5. AUSTRALIA
7.6. REST OF NORTH AMERICA
8. COMPETITIVE LANDSCAPE
8.1. MARKET SHARE ANALYSIS
8.2. LIST OF STRATEGIC INITIATIVES
8.3. COMPANY PROFILE
8.3.1. BRASKEM
8.3.1.1. OVERVIEW
8.3.1.2. PRODUCT PORTFOLIO
8.3.1.3. STRATEGIC INITIATIVES
8.3.1.4. SCOT ANALYSIS
8.3.1.5. STRATEGIC ANALYSIS
8.3.2. DAK AMERICA
8.3.2.1. OVERVIEW
8.3.2.2. PRODUCT PORTFOLIO
8.3.2.3. SCOT ANALYSIS
8.3.2.4. STRATEGIC ANALYSIS
8.3.3. INDORAMA VENTURES
8.3.3.1. OVERVIEW
8.3.3.2. PRODUCT PORTFOLIO
8.3.3.3. STRATEGIC INITIATIVES
8.3.3.4. SCOT ANALYSIS
8.3.3.5. STRATEGIC ANALYSIS
8.3.4. M&G CHEMICALS
8.3.4.1. OVERVIEW
8.3.4.2. PRODUCT PORTFOLIO
8.3.4.3. SCOT ANALYSIS
8.3.4.4. STRATEGIC ANALYSIS
8.3.5. NOVAMONT S.P.A
8.3.5.1. OVERVIEW
8.3.5.2. PRODUCT PORTFOLIO
8.3.5.3. SCOT ANALYSIS
8.3.5.4. STRATEGIC ANALYSIS
8.3.6. TEIJIN LIMITED
8.3.6.1. OVERVIEW
8.3.6.2. PRODUCT PORTFOLIO
8.3.6.3. STRATEGIC INITIATIVES
8.3.6.4. SCOT ANALYSIS
8.3.6.5. STRATEGIC ANALYSIS
8.3.7. TIANJIN GREENBIO MATERIALS
8.3.7.1. OVERVIEW
8.3.7.2. PRODUCT PORTFOLIO
8.3.7.3. SCOT ANALYSIS
8.3.7.4. STRATEGIC ANALYSIS
8.3.8. TORAY INDUSTRIES
8.3.8.1. OVERVIEW
8.3.8.2. PRODUCT PORTFOLIO
8.3.8.3. STRATEGIC INITIATIVES
8.3.8.4. SCOT ANALYSIS
8.3.8.5. STRATEGIC ANALYSIS
8.3.9. TOYOTA TSUSHO
8.3.9.1. OVERVIEW
8.3.9.2. PRODUCT PORTFOLIO
8.3.9.3. STRATEGIC INITIATIVES
8.3.9.4. SCOT ANALYSIS
8.3.10. BASF
8.3.10.1. OVERVIEW
8.3.10.2. PRODUCT PORTFOLIO
8.3.10.3. STRATEGIC INITIATIVES
8.3.10.4. SCOT ANALYSIS
8.3.10.5. STRATEGIC ANALYSIS
8.3.11. AVANTIUM TECHNOLOGIES
8.3.11.1. OVERVIEW
8.3.11.2. PRODUCT PORTFOLIO
8.3.11.3. STRATEGIC INITIATIVES
8.3.11.4. SCOT
8.3.11.5. STRATEGIC ANALYSIS
8.3.12. GEVO INC
8.3.12.1. OVERVIEW
8.3.12.2. PRODUCT PORTFOLIO
8.3.12.3. SCOT ANALYSIS
8.3.12.4. STRATEGIC ANALYSIS
8.3.13. DU PONT
8.3.13.1. OVERVIEW
8.3.13.2. PRODUCT PORTFOLIO
8.3.13.3. SCOT ANALYSIS
8.3.13.4. STRATEGIC ANALYSIS
8.3.14. PLASTIPAK PACKAGING, INC. (HOLDING COMPANY IS PLASTIPAK HOLDINGS, INC)
8.3.14.1. OVERVIEW
8.3.14.2. PRODUCT PORTFOLIO
8.3.14.3. STRATEGIC INITIATIVES
8.3.14.4. SCOT ANALYSIS
8.3.14.5. STRATEGIC ANALYSIS
8.3.15. LOTTE CHEMICAL
8.3.15.1. OVERVIEW
8.3.15.2. PRODUCT PORTFOLIO
8.3.15.3. STRATEGIC INITIATIVES
8.3.15.4. SCOT ANALYSIS
8.3.15.5. STRATEGIC ANALYSIS
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROCH
2.3. BOTTOM UP APPROACH
2.4. DATA TRIANGULATION
2.5. ESTIMATION METHODOLOGY
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDING
4. MARKET OVERVIEW
4.1. MARKER DEFINITION & SCOPE
4.2. MARKET DRIVERS
4.2.1. INSTABLILITY IN CRUDE OIL PRICES
4.2.2. RISING UTILIZATION OF SUSTAINABLE PACKAGING
4.2.3. CONSUMERS FAVORING BIO PLASTIC PRODUCTS OVER CONVENTIONAL PETROLEUM BASED PLASTIC PRODUCTS
4.3. MARKET RESTRAINTS
4.3.1. IRREGULAR SUPPLY OF FEEDSTOCK
4.3.2. LACK OF CULTIVABLE LAND
4.3.3. EASY AVAILABILITY OF ALTERNATE PRODUCTS
4.4. MARKET OPPORTUNITIES
4.4.1. GROWING PRODUCTION ACTIVITY AND RISING GOVERNMENT SUPPORT IN THE NORTH AMERICA REGION
4.4.2. HAZARDOUS NATURE OF CONVENTIONAL PLASTICS
4.4.3. SUPPORTIVE GOVERNMENT REGULATIONS
4.5. MARKET CHALLENGES
4.5.1. PRESENCE OF ALTERNATIVE BIOPOLYMERS
4.5.2. INDUSTRIALIZATION AND URBANISATION LEADING TO CONVERSION OF AGRICULTURAL LAND INTO INDUSTRIAL AREA
5. NORTH AMERICA BIO BASED POLYETHYLENE TEREPHTHALATE MARKET BY APPLICATION 2017-2025 ($MILLION)
5.1. BY BOTTLES
5.2. BY PACKAGING
5.3. BY AUTOMOTIVES
5.4. BY FIBRES
5.5. BY OTHERS
6. KEY ANALYTICS
6.1. PORTERS FIVE FORCE MODEL
6.1.1. THREAT OF NEW ENTRANTS
6.1.2. THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
6.1.3. BARGAINING POWER OF BUYER
6.1.4. BARGAINING POWER OF SUPPLIER
6.1.5. INTENSITY OF COMPETITIVE RIVALRY
6.2. OPPORTUNITY MATRIX
6.3. VENDOR LANDSCAPE
7. NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY GEOGRAPHY 2017-2025 ($ MILLION)
7.1. INDIA
7.2. CHINA
7.3. JAPAN
7.4. SOUTH KOREA
7.5. AUSTRALIA
7.6. REST OF NORTH AMERICA
8. COMPETITIVE LANDSCAPE
8.1. MARKET SHARE ANALYSIS
8.2. LIST OF STRATEGIC INITIATIVES
8.3. COMPANY PROFILE
8.3.1. BRASKEM
8.3.1.1. OVERVIEW
8.3.1.2. PRODUCT PORTFOLIO
8.3.1.3. STRATEGIC INITIATIVES
8.3.1.4. SCOT ANALYSIS
8.3.1.5. STRATEGIC ANALYSIS
8.3.2. DAK AMERICA
8.3.2.1. OVERVIEW
8.3.2.2. PRODUCT PORTFOLIO
8.3.2.3. SCOT ANALYSIS
8.3.2.4. STRATEGIC ANALYSIS
8.3.3. INDORAMA VENTURES
8.3.3.1. OVERVIEW
8.3.3.2. PRODUCT PORTFOLIO
8.3.3.3. STRATEGIC INITIATIVES
8.3.3.4. SCOT ANALYSIS
8.3.3.5. STRATEGIC ANALYSIS
8.3.4. M&G CHEMICALS
8.3.4.1. OVERVIEW
8.3.4.2. PRODUCT PORTFOLIO
8.3.4.3. SCOT ANALYSIS
8.3.4.4. STRATEGIC ANALYSIS
8.3.5. NOVAMONT S.P.A
8.3.5.1. OVERVIEW
8.3.5.2. PRODUCT PORTFOLIO
8.3.5.3. SCOT ANALYSIS
8.3.5.4. STRATEGIC ANALYSIS
8.3.6. TEIJIN LIMITED
8.3.6.1. OVERVIEW
8.3.6.2. PRODUCT PORTFOLIO
8.3.6.3. STRATEGIC INITIATIVES
8.3.6.4. SCOT ANALYSIS
8.3.6.5. STRATEGIC ANALYSIS
8.3.7. TIANJIN GREENBIO MATERIALS
8.3.7.1. OVERVIEW
8.3.7.2. PRODUCT PORTFOLIO
8.3.7.3. SCOT ANALYSIS
8.3.7.4. STRATEGIC ANALYSIS
8.3.8. TORAY INDUSTRIES
8.3.8.1. OVERVIEW
8.3.8.2. PRODUCT PORTFOLIO
8.3.8.3. STRATEGIC INITIATIVES
8.3.8.4. SCOT ANALYSIS
8.3.8.5. STRATEGIC ANALYSIS
8.3.9. TOYOTA TSUSHO
8.3.9.1. OVERVIEW
8.3.9.2. PRODUCT PORTFOLIO
8.3.9.3. STRATEGIC INITIATIVES
8.3.9.4. SCOT ANALYSIS
8.3.10. BASF
8.3.10.1. OVERVIEW
8.3.10.2. PRODUCT PORTFOLIO
8.3.10.3. STRATEGIC INITIATIVES
8.3.10.4. SCOT ANALYSIS
8.3.10.5. STRATEGIC ANALYSIS
8.3.11. AVANTIUM TECHNOLOGIES
8.3.11.1. OVERVIEW
8.3.11.2. PRODUCT PORTFOLIO
8.3.11.3. STRATEGIC INITIATIVES
8.3.11.4. SCOT
8.3.11.5. STRATEGIC ANALYSIS
8.3.12. GEVO INC
8.3.12.1. OVERVIEW
8.3.12.2. PRODUCT PORTFOLIO
8.3.12.3. SCOT ANALYSIS
8.3.12.4. STRATEGIC ANALYSIS
8.3.13. DU PONT
8.3.13.1. OVERVIEW
8.3.13.2. PRODUCT PORTFOLIO
8.3.13.3. SCOT ANALYSIS
8.3.13.4. STRATEGIC ANALYSIS
8.3.14. PLASTIPAK PACKAGING, INC. (HOLDING COMPANY IS PLASTIPAK HOLDINGS, INC)
8.3.14.1. OVERVIEW
8.3.14.2. PRODUCT PORTFOLIO
8.3.14.3. STRATEGIC INITIATIVES
8.3.14.4. SCOT ANALYSIS
8.3.14.5. STRATEGIC ANALYSIS
8.3.15. LOTTE CHEMICAL
8.3.15.1. OVERVIEW
8.3.15.2. PRODUCT PORTFOLIO
8.3.15.3. STRATEGIC INITIATIVES
8.3.15.4. SCOT ANALYSIS
8.3.15.5. STRATEGIC ANALYSIS
LIST OF TABLES
TABLE 1 NORTH AMERICA BIO-PET MARKET ACROSS COUNTRIES 2017-2025 ($MILLION)
TABLE 2 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY APPLICATION 2017-2025 ($MILLION)
TABLE 3 APPLICATIONS OF NONWOVEN FABRICS
TABLE 4 NORTH AMERICA BIO-PET MARKET BY COUNTRY 2017-2025 ($MILLION)
TABLE 5 NORTH AMERICA PLASTIC BAG STATE LEGISLATION IN 2015 & 2016
FIGURES LIST
FIGURE 1 NORTH AMERICA BIO-PET MARKET BY APPLICATION 2017-2025 ($MILLION)
FIGURE 2 FLUCTUATIONS IN PRICE OF CRUDE OIL $ PER BARREL 2015- 2016
FIGURE 3 SHARE OF VARIOUS SECTORS UTILIZING BIOPLASTIC PACKAGING FOR THE YEAR 2015
FIGURE 4 CONSUMPTION OF SUGAR TO PRODUCE PER KG PLASTIC BY BIO-PET, BIO PE AND BIO PLA
FIGURE 5 COMPARISON OF GREENHOUSE GAS EMISSION BETWEEN CONVENTIONAL AND BIO-BASED PLASTICS 2015 (KG CO2 EQ. PER KG POLYMER)
FIGURE 6 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY BOTTLES 2017-2025 ($MILLION)
FIGURE 7 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY PACKAGING 2017-2025 ($MILLION)
FIGURE 8 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY AUTOMOTIVES 2017-2025 ($MILLION)
FIGURE 9 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY FIBRES 2017-2025 ($MILLION)
FIGURE 10 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY OTHERS 2017-2025 ($MILLION)
FIGURE 11 BIO-BASED PET MARKET PORTERS FIVE FORCE MODEL
FIGURE 12 MARKET SHARE OF NORTH AMERICA IN GLOBAL BIOPLASTICS MARKET, 2010 & 2015
FIGURE 13 US BIO-PET MARKET 2017-2025 ($MILLION)
FIGURE 14 FLUCTUATION IN CRUDE OIL PRICES IN UNITED STATS, 2014-2018 ($)
FIGURE 15 US RETAIL PRICE OF GASOLINE 2014-2018
FIGURE 16 CANADA BIO-PET MARKET 2017-2025($MILLION)
FIGURE 17 BIO-BASED PET MARKET SHARE ANALYSIS OF KEY PLAYERS 2016 (%)
TABLE 1 NORTH AMERICA BIO-PET MARKET ACROSS COUNTRIES 2017-2025 ($MILLION)
TABLE 2 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY APPLICATION 2017-2025 ($MILLION)
TABLE 3 APPLICATIONS OF NONWOVEN FABRICS
TABLE 4 NORTH AMERICA BIO-PET MARKET BY COUNTRY 2017-2025 ($MILLION)
TABLE 5 NORTH AMERICA PLASTIC BAG STATE LEGISLATION IN 2015 & 2016
FIGURES LIST
FIGURE 1 NORTH AMERICA BIO-PET MARKET BY APPLICATION 2017-2025 ($MILLION)
FIGURE 2 FLUCTUATIONS IN PRICE OF CRUDE OIL $ PER BARREL 2015- 2016
FIGURE 3 SHARE OF VARIOUS SECTORS UTILIZING BIOPLASTIC PACKAGING FOR THE YEAR 2015
FIGURE 4 CONSUMPTION OF SUGAR TO PRODUCE PER KG PLASTIC BY BIO-PET, BIO PE AND BIO PLA
FIGURE 5 COMPARISON OF GREENHOUSE GAS EMISSION BETWEEN CONVENTIONAL AND BIO-BASED PLASTICS 2015 (KG CO2 EQ. PER KG POLYMER)
FIGURE 6 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY BOTTLES 2017-2025 ($MILLION)
FIGURE 7 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY PACKAGING 2017-2025 ($MILLION)
FIGURE 8 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY AUTOMOTIVES 2017-2025 ($MILLION)
FIGURE 9 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY FIBRES 2017-2025 ($MILLION)
FIGURE 10 NORTH AMERICA BIO-BASED POLYETHYLENE TEREPHTHALATE MARKET BY OTHERS 2017-2025 ($MILLION)
FIGURE 11 BIO-BASED PET MARKET PORTERS FIVE FORCE MODEL
FIGURE 12 MARKET SHARE OF NORTH AMERICA IN GLOBAL BIOPLASTICS MARKET, 2010 & 2015
FIGURE 13 US BIO-PET MARKET 2017-2025 ($MILLION)
FIGURE 14 FLUCTUATION IN CRUDE OIL PRICES IN UNITED STATS, 2014-2018 ($)
FIGURE 15 US RETAIL PRICE OF GASOLINE 2014-2018
FIGURE 16 CANADA BIO-PET MARKET 2017-2025($MILLION)
FIGURE 17 BIO-BASED PET MARKET SHARE ANALYSIS OF KEY PLAYERS 2016 (%)
