PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1856925
				PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1856925
The polyethylene furanoate market is projected to reach USD 406.6 million by 2030 from USD 30.5 million in 2025, at a CAGR of 67.9%. PEF is produced from renewable plant-based feedstocks and therefore has better barrier properties and recyclability than traditional petroleum-based plastics like PET. PEF's ability to prolong shelf life while minimizing adverse environmental impacts fits into consumers' increased environmental awareness as well as the stricter regulatory policies worldwide.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2022-2030 | 
| Base Year | 2024 | 
| Forecast Period | 2025-2030 | 
| Units Considered | Volume (Tons); Value (USD Million) | 
| Segments | Source, Grade, Application, and End-use Industry | 
| Regions covered | Asia Pacific, North America, Europe, the Middle East & Africa, and South America | 
The transition by companies to incorporate biodegradable, low-carbon-footprint alternatives helps sustain the rapid growth of PEF in packaging applications such as food and beverage, cosmetics, and pharmaceuticals. The increase in investment and innovation in PEF production reflects the growing desire for greener packaging alternatives for both consumers and companies.

"Based on end-use industry, packaging accounts for the largest share in the polyethylene furanoate market, in terms of value, during the forecast period."
The rising demand for sustainable and eco-friendly packaging solutions is driving the growth of the polyethylene furanoate market. By end-use segment, packaging is estimated to account for the largest share in the PEF market, in terms of value, during the forecast period. PEF is a very good barrier material, recyclable and bio-based, and is perfect for packaging applications, including food and beverages. This is also driven by the global shift to reduce plastic waste and carbon emissions.
"Based on application, fibers is the second-largest segment in the polyethylene furanoate market, in terms of value, during the forecast period."
The fibers segment is projected to account for the second-largest share in the polyethylene furanoate market, in terms of value, during the forecast period. PEF fibers offer impressive strength, thermal stability, and recyclability compared to polyester fibers. The use of PEF fibers in apparel, industrial textiles, and packaging films is increasing their demand within the market. The trend within the textile industry towards sustainable and bio-based materials increases the global market for PEF fibers.
"Based on region, Europe accounted for the largest share of the polyethylene furanoate market, in terms of value, in 2024."
Europe has the highest market share in the polyethylene furanoate market because of stringent environmental policies such as the EU Green Deal and the Packaging and Packaging Waste Regulation that promote sustainable, bio-based materials. The rise of consumer demand for eco-friendly packaging and corporate commitments to developing a circular economy have also boosted the use of sustainable, bio-based materials. Key markets in the region, including Germany, France, and the UK, benefit from a well-developed industrial infrastructure and substantial investments in research and development (R&D). Additionally, the presence of public-private partnerships and funding helps to stimulate new innovations and the creation of new markets for food, beverages, and specialty packaging.
The key players in this market are Avantium (Netherlands), Sulzer Ltd (Switzerland), AVA Biochem AG (Switzerland), Origin Materials (US), Toyobo Co., Ltd (Japan), Zhejiang Sugar Energy Technology Co., Ltd (China), Swicofil AG (Switzerland), ALPLA (Austria), Danone (France), and Eastman Chemical Company (US).
Research Coverage
This report segments the polyethylene furanoate market based on source, grade, application, end-use industry, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products and services, key strategies, product launches, expansions, and mergers & acquisitions associated with the polyethylene furanoate market.
Key benefits of buying this report
This research report focuses on various levels of analysis, including industry analysis (industry trends), market ranking analysis of top players, and company profiles. Together, these provide an overall view of the competitive landscape; emerging and high-growth segments; high-growth regions; and market drivers, restraints, opportunities, and challenges in the polyethylene furanoate market.