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Global Polyethylene Furanoate Market to Reach $43.6 Million by 2027
In the changed post COVID-19 business landscape, the global market for Polyethylene Furanoate estimated at US$26.2 Million in the year 2020, is projected to reach a revised size of US$43.6 Million by 2027, growing at a CAGR of 7.5% over the analysis period 2020-2027. Fibers, one of the segments analyzed in the report, is projected to record a 7.5% CAGR and reach US$19.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Bottles segment is readjusted to a revised 8.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $7.1 Million, While China is Forecast to Grow at 11.4% CAGR
The Polyethylene Furanoate market in the U.S. is estimated at US$7.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.7 Million by the year 2027 trailing a CAGR of 11.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 6.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6 Million by the year 2027.


Films Segment to Record 5.8% CAGR
In the global Films segment, USA, Canada, Japan, China and Europe will drive the 5.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.3 Million in the year 2020 will reach a projected size of US$4.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 7% CAGR through the analysis period.