South Korea Polyethylene Furanoate Market Size & Outlook
South Korea polyethylene furanoate market, 2016-2027 (US$M)
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South Korea polyethylene furanoate market highlights
- The South Korea polyethylene furanoate market generated a revenue of USD 927.4 million in 2019 and is expected to reach USD 1,710.7 million by 2027.
- The South Korea market is expected to grow at a CAGR of 8% from 2020 to 2027.
- In terms of segment, bottles was the largest revenue generating application in 2019.
- Bottles is the most lucrative application segment registering the fastest growth during the forecast period.
Polyethylene furanoate market data book summary
| Market revenue in 2019 | USD 927.4 million |
| Market revenue in 2027 | USD 1,710.7 million |
| Growth rate | 8% (CAGR from 2019 to 2027) |
| Largest segment | Bottles |
| Fastest growing segment | Bottles |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bottles, Fibers, Films |
| Key market players worldwide | Avantium NV, Danone SA, Toyobo Co Ltd, ALPLA, The Coca-Cola Company |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.4% of the global polyethylene furanoate market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China polyethylene furanoate market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,522.7 million by 2027.
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Polyethylene Furanoate Market Scope
Polyethylene Furanoate Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea polyethylene furanoate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyethylene furanoate market will help companies and investors design strategic landscapes.
Bottles was the largest segment with a revenue share of 76.86% in 2019. Horizon Databook has segmented the South Korea polyethylene furanoate market based on bottles, fibers, films covering the revenue growth of each sub-segment from 2016 to 2027.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea polyethylene furanoate market , including forecasts for subscribers. This country databook contains high-level insights into South Korea polyethylene furanoate market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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South Korea polyethylene furanoate market size, by application, 2016-2027 (US$M)
South Korea Polyethylene Furanoate Market Outlook Share, 2019 & 2027 (US$M)
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