Bio Based Polyethylene Terephthalate Market Analysis by Leading Players the Coca-Cola Company, M&G Chemicals, Danone, Toyota Tsusho, Plastipak Packaging, Toray, PepsiCo
Global biobased Polyethylene Terephthalate market size may generate USD 13.1 billion by 2023. Increasing importance of sustainable packaging, especially in China and India, may positively influence bio based polyethylene market size growth. Key Industry participants, The Coca-Cola Company and Toray, have formed strategic partnerships with bio based product manufacturers such as Gevo and Virent, for the development 100% bio PET.
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